Overview
What is Urban Strategies Inc?
Urban Strategies Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 294 Sumpter Street. Their mission is to support and uplift the Central Brooklyn community by addressing various aspects of their lives, including social, educational, economic, psychological, cultural, and healthcare needs. As part of their endeavors, they provide temporary housing for homeless families for approximately six months, aiming to eventually transition them to permanent residences. During the year, around 64 families benefited from this program. With a workforce of 184 individuals, Urban Strategies Inc is devoted to improving the lives of Central Brooklyn's residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% (Three-Star out of Four Star Rating) from Charity Navigator.
Urban Strategies Inc has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 86%. This rating highlights the organization's strong accountability and financial practices, evidenced by a perfect score for independent board members and financial audits. The charity demonstrates a commitment to good governance through effective policies on conflicts of interest, whistleblower protection, and document retention.
The organization excels in its program expense ratio, allocating a significant portion of its budget towards direct programming, which is a positive indicator of its operational efficiency and dedication to its mission. However, the liabilities to assets ratio of 60.67% suggests that the organization may have a considerable amount of debt compared to its assets, which could be a concern for some donors regarding its financial stability.
Overall, Urban Strategies Inc showcases a strong governance framework and effective use of funds, but potential donors may want to consider its financial leverage when assessing the organization’s long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Urban Strategies Inc legitimate?
Urban Strategies Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Urban Strategies Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,537,253
For more financial information, click here
What is the mission statement of Urban Strategies Inc?
Urban Strategies Inc, as an organization, focuses on addressing the diverse needs of residents in a specific area, encompassing aspects such as social, educational, economic, psychological, cultural, and healthcare. Their mission is to implement various projects aimed at addressing these needs comprehensively. The organization is committed to providing support and resources to enhance the quality of life for the community members in these areas. Additionally, Urban Strategies Inc operates homeless shelters for transitional families, offering them temporary housing for approximately six months, with the ultimate goal of securing permanent housing for them.
Who is the CEO of Urban Strategies Inc?
Pelham Bollers is the Executive Director of Urban Strategies Inc.
What is the revenue of Urban Strategies Inc?
Urban Strategies Inc's revenue in 2022 was $10,276,648.
Who are the executives of Urban Strategies Inc and what are their salaries?
The average compensation at Urban Strategies Inc during 2022 was $30,094. There are 184 employees at Urban Strategies Inc.
Here are 10 key members and their salaries:
- Compensation: $93,006
- Related: $93,006
- Other: $0
- Compensation: $101,334
- Related: $0
- Other: $0
- Compensation: $88,615
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Urban Strategies Inc?
Urban Strategies Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Urban Strategies Inc
Urban Strategies Inc, as a nonprofit organization, is dedicated to addressing a multitude of needs in the Central Brooklyn area. Specifically, they focus on social, educational, economic, psychological, cultural, and healthcare aspects, aiming to improve the lives of its residents. Their mission is to operate various projects that cater to these diverse needs, seeking to create a more holistic and supportive environment for the community. The organization provides shelter and transitional housing to families for approximately six months, with the ultimate goal of assisting them in securing permanent housing. During this period, around 64 families have benefited from their program each year.
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Impact
July, 2024
Urban Strategies Inc has a significant impact on the Central Brooklyn area by addressing a wide range of social, educational, economic, psychological, cultural, and healthcare needs of its residents. One of their notable projects includes providing homeless shelters to transitional families for approximately six months, with the goal of eventually placing these families into permanent housing. In the past year, around 64 families have benefited from this program, experiencing improved stability and a pathway towards long-term housing security. Through their multifaceted approach, Urban Strategies Inc contributes to building stronger, more resilient communities in Central Brooklyn.
This information is meant to be a general summary of Urban Strategies Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $85,841
- Gross Receipts: $10,276,648
Assets and Liabilities:
- Total Assets: $6,637,120
- Total Liabilities: $4,855,753
- Net Assets: $1,781,367
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Parent Fees
Revenue
$85,841
Organization Details
Founding Year
1970
Principal Officer
Pelham Bollers
Main Address
294 Sumpter Street, Brooklyn, NY, 11233
NTEE Category
Code: B22Z - Education
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