Overview
What is East New York Urban Youth Corps Inc?
East New York Urban Youth Corps Inc is a nonprofit organization situated in Brooklyn, New York, dedicated to uplifting low-income neighborhoods through community development. Their initiatives encompass tenant counseling, neighborhood organization, and financial empowerment. Additionally, they offer OSHA safety training programs. To further support their mission, they sponsor and manage low-income shelters for homeless families, providing essential services such as case management, counseling, and housing assistance.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 46% (Zero-Star out of Four Star rating)
East New York Urban Youth Corps Inc has received a low rating of 46%, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board and receives high marks for its audit processes and absence of asset diversion, it falls short in several critical areas that affect its overall score.
The organization has not implemented essential policies, such as a whistleblower and document retention policy, which are crucial for transparency and accountability. Additionally, the absence of tax forms on its website further detracts from its financial transparency. The program expense ratio of 48.12% suggests that nearly half of its expenditures go towards programs, but its liabilities greatly exceed its assets, highlighting potential financial instability.
Overall, while the nonprofit demonstrates strong governance through its independent board, the lack of vital policies and concerning financial ratios raise important red flags for potential donors and stakeholders. Improvements in these areas are necessary to enhance trust and effectiveness in serving its mission.
This AI summary has been generated from information found on Charity Navigator.
Is East New York Urban Youth Corps Inc legitimate?
East New York Urban Youth Corps Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East New York Urban Youth Corps 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: $104,670
Professional Fundraising Fees: $0
Other Salaries and Wages: $237,762
For more financial information, click here
What is the mission statement of East New York Urban Youth Corps Inc?
East New York Urban Youth Corps Inc, through its operations in various parts, focuses on low-income housing and community development. The organization offers tenant counseling and facilitates neighborhood organization services. Moreover, they conduct financial empowerment and OSHA safety training programs. Additionally, East New York Urban Youth Corps Inc sponsors and manages low-income shelter programs for homeless families, providing essential services like case management, counseling, and housing relocation assistance.
Who is the CEO of East New York Urban Youth Corps Inc?
Gregory Colimon is the Chairman of East New York Urban Youth Corps Inc.
What is the revenue of East New York Urban Youth Corps Inc?
East New York Urban Youth Corps Inc's revenue in 2022 was $818,041.
Who are the executives of East New York Urban Youth Corps Inc and what are their salaries?
The average compensation at East New York Urban Youth Corps Inc during 2022 was $24,459. There are 14 employees at East New York Urban Youth Corps Inc.
Here are 6 key members and their salaries:
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- Compensation: $104,670
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- Other: $0
Where can I find the form 990 for East New York Urban Youth Corps Inc?
East New York Urban Youth Corps Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of East New York Urban Youth Corps Inc
East New York Urban Youth Corps Inc is dedicated to pursuing low income housing and community development. Their mission is multifaceted, encompassing various programs in Brooklyn, New York. One of their key initiatives involves offering tenant counseling and facilitating neighborhood organization services. Furthermore, they are committed to financial empowerment and OSHA safety training, equipping individuals with the necessary skills to navigate their financial situations and work environments safely.
In addition to these services, East New York Urban Youth Corps Inc also sponsors and operates low-income shelter programs for homeless families. These programs provide essential core services, including case management, counseling, and assistance with housing relocation. This holistic approach aims to help families not only secure stable housing but also navigate the challenges that often accompany homelessness. By offering these comprehensive services, East New York Urban Youth Corps Inc plays a significant role in improving the living conditions and prospects of low-income families in their community.
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Impact
July, 2024
East New York Urban Youth Corps Inc has a significant impact on the low-income housing and community development landscape in Brooklyn, NY. Through their various programs, they provide essential services such as tenant counseling, neighborhood organization, financial empowerment, and OSHA safety training. Additionally, their sponsorship and operation of low-income shelter programs for homeless families offer vital core services like case management, counseling, and housing relocation assistance. Their focus on youth development underscores their commitment to creating a positive impact on the community by supporting those in need and fostering a sense of empowerment and stability.
This information is meant to be a general summary of East New York Urban Youth Corps 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: $810,714
- Gross Receipts: $818,041
Assets and Liabilities:
- Total Assets: $11,824
- Total Liabilities: $157,277
- Net Assets: -$145,453
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SECURITY CONTRACT
Revenue
$397,741
PROGRAM CONTRACT
Revenue
$237,843
MAINTENANCE CONTRACT
Revenue
$64,512
MANAGEMENT FEE
Revenue
$57,187
IN-KIND DONATION
Revenue
$43,507
Organization Details
Founding Year
1985
Phone
(917) 684-9034Principal Officer
Gregory Colimon
Main Address
539 ALABAMA AVENUE, BROOKLYN, NY, 11207
NTEE Category
Code: O510 - Youth development
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