2026-04-21T13:12:44-05:00 2025-06-30 210650289 KLATZKIN & COMPANY LLP 1 AAA DRIVE BLDG 1A SUITE 104 HAMILTON NJ 08691 990 2024-07-01 276983137 HOUSING INITIATIVES OF PRINCETON CHARITABLE TRUST HOUS 6094974535 33 MERCER STREET PRINCETON NJ 08540 THOMAS PINNEO BOARD CHAIR 6094974535 2026-04-21 1 1 THOMAS MARTIN CPA P00123816 6098909189 2024 2025-03-06 01:10:19Z THOMAS PINNEO 33 MERCER STREET PRINCETON NJ 08540 886171 0 X HOUSINGINITIATIVESOFPRINCETON.ORG X 2010 NJ HOUSING INITIATIVES OF PRINCETON PROVIDES AFFORDABLE HOUSING OPTIONS TO TRANSITION INTO PERMANENT HOUSING AND SUSTAINED SELF-SUFFICIENCY TO LOW INCOME WORKING FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR FACING IMMINENT HOMELESSNESS IN AND AROUND PRINCETON, NEW JERSEY. 14 14 3 61 0 0 615266 799164 40365 45959 6066 12768 1640 0 663337 857891 171563 184704 0 0 67789 82655 0 0 13990 298314 261162 537666 528521 125671 329370 858482 1182157 137224 131529 721258 1050628 X PROVIDING AFFORDABLE HOUSING OPTIONS TO TRANSITION INTO PERMANENT HOUSING AND SUSTAINED SELF-SUFFICIENCY TO LOW INCOME WORKING FAMILIES AND INDIVIDUALS WHO ARE HOMELESS OR FACING IMMINENT HOMELESSNESS IN AND AROUND PRINCETON, NJ 0 0 447231 184704 45959 HOUSING INITIATIVES OF PRINCETON (HIP) ENVISIONS A DIVERSE, INCLUSIVE COMMUNITY WHERE ALL FAMILIES CAN AFFORD TO LIVE AND THRIVE. WE HELP MERCER COUNTY FAMILIES AND INDIVIDUALS FACING EVICTION OR HOMELESSNESS BUILD A SUSTAINABLE FUTURE, BY PROVIDING STABLE HOUSING, ACCESS TO BETTER-PAYING JOBS, AND DEEP WRAPAROUND SUPPORT. HOUSING INITIATIVES OF PRINCETON HAS THREE MAIN PROGRAMS: 1) OUR TRANSITIONAL HOUSING PROGRAM WITH COMPREHENSIVE WRAPAROUND SERVICES HELPS FAMILIES WHO LACK THE INCOME AND CREDIT SCORES TO QUALIFY FOR LOCAL AFFORDABLE HOUSING, OR WHO FACE MULTI-YEAR WAITING LISTS FOR AN AFFORDABLE APARTMENT IN OUR AREA. WHILE LIVING IN HIP'S HOUSING FOR 1-2 YEARS AND PAYING 30% OF THEIR INCOME IN RENT, EACH ADULT WORKS WITH A CASE MANAGER, HOUSING NAVIGATOR, CAREER AND FINANCIAL COACHES, VOLUNTEERS, AND NONPROFIT PARTNERS WHO OFFER SUPPORTIVE SERVICES TO REACH PERSONAL GOALS, GRADUATE INTO AN AFFORDABLE HOME OF THEIR OWN, AND TRANSFORM THEIR FAMILY'S FUTURE. IN 2025, THIS PROGRAM SERVED 28 PARENTS AND CHILDREN FROM 12 FAMILIES. 2) HIP'S EVICTION PREVENTION PROGRAM PROVIDES RENTAL ASSISTANCE TO LOW-INCOME FAMILIES WHO HAVE FALLEN BEHIND IN THEIR RENT DUE TO A ONE-TIME EMERGENCY, AND PROVIDES SECURITY DEPOSITS, WHICH ARE OFTEN A BARRIER TO SECURING HOUSING. IN 2025, HIP HELPED OVER 368 INDIVIDUALS FROM ACROSS MERCER COUNTY THROUGH THIS PROGRAM. HIP MAXIMIZES OUR HELP TO THOSE WE SERVE BY WORKING IN CONCERT WITH OTHER LOCAL HELPING AGENCIES AS PART OF THE PRINCETON HOUSING STABILITY COALITION TO JOINTLY FUND REQUESTS FOR EVICTION PREVENTION FUNDS. 3) HIP'S PRO HOUSING ADVOCACY LEVERAGES OUR OVER TWENTY YEARS OF FRONTLINE EXPERIENCE TO INFORM LOCAL AND STATE POLICIES AND INITIATIVES THAT AIM TO MAKE HOUSING MORE ACCESSIBLE FOR LOW-INCOME FAMILIES. 447231 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 50 0 3 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 NJ X THE ORGANIZATION 6094974535 33 MERCER STREET PRINCETON NJ 08540 THOMAS PINNEO BOARD CHAIR 10.00 X X 0 0 0 DANA MOLINA VICE CHAIR 10.00 X X 0 0 0 ANN ZULTNER TREASURER 10.00 X X 0 0 0 MARIA QUINN SECRETARY 10.00 X X 0 0 0 LIZ LEMPERT TRUSTEE 5.00 X 0 0 0 CAROL GOLDEN TRUSTEE 5.00 X 0 0 0 LUIS ESTRADA TRUSTEE 5.00 X 0 0 0 IRA LACKEY TRUSTEE 5.00 X 0 0 0 VALERIE HENRY TRUSTEE 5.00 X 0 0 0 MARISABEL FERNANDEZ TRUSTEE 5.00 X 0 0 0 SUKI WASSERMAN TRUSTEE 5.00 X 0 0 0 JULIE FRAUNHOFFER TRUSTEE 5.00 X 0 0 0 DAN CHAMBY TRUSTEE 5.00 X 0 0 0 BECCA MEURER TRUSTEE 5.00 X 0 0 0 LORI TROILO EXECUTIVE DIRECTOR 30.00 X 55595 0 0 55595 0 0 0 0 0 0 0 166080 633084 799164 RENTAL INCOME 531110 45959 45959 45959 12768 12768 28280 166080 28280 0 857891 45959 0 12768 X 27825 27825 156879 156879 62456 37474 12491 12491 11344 11344 8855 4496 2860 1499 6300 6300 128814 116314 12500 12109 12109 61320 61320 5833 5833 8990 8990 HOMEOWNER ASSOCIATION F 12412 12412 MORTGAGE INTEREST 8829 8829 REPAIRS AND MAINTENANCE 8660 8660 MOVING COSTS 4816 4816 3079 2373 706 528521 447231 67300 13990 447405 329711 169596 616797 308836 73187 241481 235649 858482 1182157 831 1873 136393 129656 137224 131529 X 721258 956628 0 94000 721258 1050628 858482 1182157 329370 0 X 0 0 0 X 536503 474865 364556 615266 799164 2790354 536503 474865 364556 615266 799164 2790354 210181 2580173 38 877 4892 6066 12768 24641 1640 17 1657 2816652 174747 0.91600 0.89490 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 149630 149630 150070 64408 85662 9136 8779 357 235649 RENT PARTY 157450 137857 19593 650 17897 1046 WINE TASTING PARTY 35793 28206 7587 7587 193243 166063 27180 650 17897 8633 27180 0 1 69 DAVID BREARLEY INC 33 MERCER STREET PRINCETON NJ 08540 364911182 501(C)(3) 27825 0 PROVIDE TEMPORARY AFFORDABLE HOUSING 1 RENTAL ASSISTANCE 368 156879 FAIR MARKET VALUE HOUSING ASSISTANCE PART I, LINE 2: THE ORGANIZATION MONITORS THE USE OF CASH FUNDS PROVIDED TO THE 69 DAVID BREARLY BY PAYING EXPENSES FOR THE PROPERTY HELD BY 69 DAVID BREARLEY INC. DIRECTLY. 69 DAVID BREARLEY INC. IS A RELATED CHARITABLE ORGANIZATION. THE ORGANIZATION MONITORS THE USE OF THE ASSISTANCE PROVIDED TO INDIVIDUALS BY PROVIDING ONLY NON-CASH ASSISTANCE. ASSISTANCE IS PROVIDED DIRECTLY TO THE LANDLORD. THIS NON-CASH ASSISTANCE POLICY HELPS ENSURE THAT THE ASSISTANCE PROVIDED BY THE ORGANIZATION IS USED FOR THE PURPOSE FOR WHICH IT WAS INTENDED. FORM 990, PART VI, SECTION A, LINE 8B THE ORGANIZATION DOES NOT HAVE A COMMITTEE WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE ENTIRE BOARD RECEIVES A COPY OF THE DRAFT 990 VIA EMAIL. THEY ARE GIVEN AN OPPORTUNITY TO REVIEW THE FORM AND RAISE ANY QUESTIONS. ONCE ALL OF THE QUESTIONS ARE RESOLVED, THE FORM 990 IS EFILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C OFFICERS MUST COMPLETE AN ANNUAL CONFLICT OF INTEREST STATEMENT FORM 990, PART VI, SECTION B, LINE 15A WHEN ORIGINALLY HIRING ON A PAID ED, OUTSIDE CONSULTANT WAS SECURED BY THE BOARD TO HELP GUIDE THEM WITH A BOARD RESTRUCTURING PROJECT DUE TO THE GROWTH OF THE ORGANIZATION AND WITH THE TRANSITION FROM A FULLY VOLUNTEER ORGANIZATION TO A MORE SUSTAINABLE MODEL. PART OF THAT TRANSITION WAS TO SURVEY OTHER LOCAL ORGANIZATIONS AND THE COMPENSATION WAS BASED ON PREVAILING RATE FOR EXECUTIVE DIRECTORS IN THE COMMUNITY FOR THE ANTICIPATED HOURS ON A PART TIME BASIS. IT WAS THEN APPROVED IN EXECUTIVE SESSION BY THE FULL BOARD. THE FINAL ARRANGEMENT WAS DOCUMENTED IN A LETTER OF AGREEMENT. AFTER THE ED STEPPED DOWN, THE VOLUNTEER COORDINATOR STEPPED UP TO INTERIM ED, AND AFTER 6 MONTHS, SIGNED A LETTER OF AGREEMENT TO BE NAMED AS ED. COMPENSATION WAS BASED ON PRIOR ED SALARY. FORM 990, PART VI, SECTION C, LINE 19 THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND INTERNAL FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FORM 990, PART IX, LINE 11G FAMILY ASSISTANCE- COUNSELING: PROGRAM SERVICE EXPENSES 116,314. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 116,314. CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 12,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 12,500. 69 DAVID BREARLEY INC 33 MERCER STREET PRINCETON NJ 08540 364911182 AFFORDABLE HOUSING FOR LOW INCOME WORKING FAMILIES OR INDIVIDUALS NJ 501(C)(3) LINE 7 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0