Overview
What is Brooklyn Neighborhood Improvement Assoc Inc?
Brooklyn Neighborhood Improvement Assoc Inc is a nonprofit organization committed to supporting low-income families. Their primary focus lies in providing housing assistance and counseling, ensuring that families in need have stable living conditions. Additionally, they offer summer youth services, aiming to engage and empower young individuals during their vacation period. Furthermore, the organization provides tenant/landlord counseling services, fostering healthy relationships between renters and property owners. By offering these comprehensive services, Brooklyn Neighborhood Improvement Assoc Inc strives to enhance the lives of its community members and promote a harmonious living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 69%
The Brooklyn Neighborhood Improvement Association Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating a moderate performance in accountability and finance. The organization shows strengths in governance, with a fully independent board and strong conflict of interest policies, which support transparency and ethical management.
The nonprofit excels in its program expense ratio, directing nearly 90% of its expenditures towards programs, highlighting its commitment to mission-driven activities. However, the organization has room for improvement in its liabilities to assets ratio, which could raise concerns about financial stability and sustainability.
Overall, while the Brooklyn Neighborhood Improvement Association demonstrates solid governance practices and a high commitment to program funding, its financial ratios suggest the need for better management of liabilities to ensure long-term viability. Potential donors may want to consider these factors while assessing their support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Brooklyn Neighborhood Improvement Assoc Inc legitimate?
Brooklyn Neighborhood Improvement Assoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Neighborhood Improvement Assoc 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: $95,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $306,527
For more financial information, click here
What is the mission statement of Brooklyn Neighborhood Improvement Assoc Inc?
Brooklyn Neighborhood Improvement Assoc Inc is dedicated to assisting low-income families with housing needs. Their mission encompasses providing housing assistance and counseling, as well as organizing summer youth services. Through their initiatives, they offer tenant/landlord counseling and low-income housing programs, aiming to support and empower the local community.
Who is the CEO of Brooklyn Neighborhood Improvement Assoc Inc?
Unavailable
What is the revenue of Brooklyn Neighborhood Improvement Assoc Inc?
Brooklyn Neighborhood Improvement Assoc Inc's revenue in 2021 was $816,253.
Who are the executives of Brooklyn Neighborhood Improvement Assoc Inc and what are their salaries?
The average compensation at Brooklyn Neighborhood Improvement Assoc Inc during 2021 was $33,461. There are 12 employees at Brooklyn Neighborhood Improvement Assoc Inc.
Here are 5 key members and their salaries:
- Compensation: $95,000
- 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 Brooklyn Neighborhood Improvement Assoc Inc?
Brooklyn Neighborhood Improvement Assoc Inc's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of Brooklyn Neighborhood Improvement Assoc Inc
Brooklyn Neighborhood Improvement Association Inc is committed to assisting low-income families in their housing needs. This nonprofit organization provides housing assistance and counseling services, aiming to help families navigate the complexities of tenant-landlord relationships. Moreover, Brooklyn Neighborhood Improvement Association also offers summer youth programs, investing in the future of the community's children. By offering these services, the organization seeks to improve the living conditions of low-income families and provide opportunities for youth growth and development.
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Impact
July, 2024
Brooklyn Neighborhood Improvement Assoc Inc has a significant impact on low-income families in Brooklyn. Through their low-income housing assistance and counseling services, they provide much-needed support to families struggling to afford suitable housing. Additionally, their summer youth program offers valuable opportunities for young people in the community, helping them stay engaged and productive during the summer months. The organization's tenant/landlord counseling services also contribute to improving landlord-tenant relationships and ensuring fair housing practices. Overall, Brooklyn Neighborhood Improvement Assoc Inc plays a crucial role in enhancing the quality of life for residents in Brooklyn, NY, particularly those facing economic challenges.
This information is meant to be a general summary of Brooklyn Neighborhood Improvement Assoc 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 2021.
- Investment Income: $12,803
- Program Service Revenue: $224,420
- Gross Receipts: $816,253
Assets and Liabilities:
- Total Assets: $4,406,229
- Total Liabilities: $2,232,143
- Net Assets: $2,174,086
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING FEES
Revenue
$16,276
ADMIN FEES
Revenue
$89,706
MNG FEES
Revenue
$39,206
SPONSOR MANAGMENT FEES
Revenue
$72,207
OTHER
Revenue
$7,025
Organization Details
Founding Year
1979
Phone
(718) 773-4116Main Address
465 STERLING PLACE, BROOKLYN, NY, 11238
NTEE Category
Code: S22Z - Community improvement
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