Overview
What is 163rd Street Improvement Council Inc?
The 163rd Street Improvement Council Inc, situated in Bronx, New York, is a dedicated nonprofit organization. Its primary mission involves revitalizing neighborhoods and offering support to homeless and vulnerable individuals in the city. This is achieved through various programs, including the provision of housing for low-income families and individuals with special needs. The organization also assists with tenant placement and neighborhood stabilization. In regards to services, the council operates the Veralyne Hamilton Residence, a 60-unit facility that accommodates men and women with diverse challenges, offering a continuum of care including supportive services, case management, and counseling in areas such as substance abuse, mental health, nutrition, and health. The council's workforce consists of 31 dedicated individuals.
Official website here: www.163council.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
The 163rd Street Improvement Council Inc has achieved an impressive Four-Star rating from Charity Navigator, reflecting strong accountability and financial health. With a perfect score in the Accountability & Finance category, the organization demonstrates a commitment to transparency and effective governance, evidenced by its fully independent board and comprehensive financial oversight mechanisms.
Strengths highlighted in the rating include the council's efficient use of resources, where 93.11% of expenses are directed toward programs. This suggests a focus on impactful community service rather than administrative costs. Additionally, the organization maintains robust policies regarding conflicts of interest and whistleblower protection, indicating a solid ethical framework.
While the data shows no material diversion of assets, overall financial health is supported by a low liabilities-to-assets ratio of 26.24%. This position suggests that the organization is managing its resources responsibly, though feedback from constituents about the effectiveness of specific programs would provide a fuller picture of its impact.
This AI summary has been generated from information found on Charity Navigator.
Is 163rd Street Improvement Council Inc legitimate?
163rd Street Improvement Council Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 163rd Street Improvement Council 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: $180,008
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,261,975
For more financial information, click here
Official website here: www.163council.org
What is the mission statement of 163rd Street Improvement Council Inc?
The 163rd Street Improvement Council Inc's mission is centered around revitalizing communities and aiding vulnerable individuals. Specifically, they focus on assisting homeless New Yorkers and providing housing for low-income families and individuals with special needs. Their activities encompass tenant placement and neighborhood stabilization. The council administers programs that cater to these needs, offering a range of supportive services such as case management, substance abuse treatment, mental health counseling, nutrition guidance, and health care. Their flagship project, the Veralyne Hamilton Residence, is a 60-unit congregate care facility that provides a continuum of care for individuals facing various challenges.
Official website here: www.163council.org
Who is the CEO of 163rd Street Improvement Council Inc?
Cassandra Perry is the Executive Dir. of 163rd Street Improvement Council Inc.
Official website here: www.163council.org
What is the revenue of 163rd Street Improvement Council Inc?
163rd Street Improvement Council Inc's revenue in 2022 was $4,043,174.
Official website here: www.163council.org
Who are the executives of 163rd Street Improvement Council Inc and what are their salaries?
The average compensation at 163rd Street Improvement Council Inc during 2022 was $46,516. There are 31 employees and 7 volunteers at 163rd Street Improvement Council Inc.
Here are 8 key members and their salaries:
- Compensation: $141,850
- Related: $0
- Other: $38,158
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.163council.org
Where can I find the form 990 for 163rd Street Improvement Council Inc?
163rd Street Improvement Council Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.163council.org
Learn more at the official website: www.163council.org
Mission Statement of 163rd Street Improvement Council Inc
The 163rd Street Improvement Council Inc is dedicated to revitalizing neighborhoods and aiding homeless and vulnerable individuals in New York City. As part of its mission, the organization administers various programs aimed at uplifting these communities. One such program is the Veralyne Hamilton Residence, a 60-unit congregate care facility that offers housing for men and women facing various challenges. This facility provides a comprehensive continuum of care, which includes supportive services, case management, and counseling in areas such as substance abuse, mental health, nutrition, and health. Through these initiatives, the 163rd Street Improvement Council Inc seeks to empower and support low-income families and individuals with special needs, contributing to the overall stabilization of their communities.
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Impact
July, 2024
163rd Street Improvement Council Inc's impact is significant in providing housing for low-income families, special needs individuals, and supporting neighborhood stabilization. Their Veralyne Hamilton Residence, a 60-unit congregate care facility, offers a continuum of care for individuals facing various challenges. Through their programs, the council not only provides housing but also offers supportive services, case management, substance abuse, mental health, nutrition, and health counseling. Their mission to revitalize neighborhoods and assist homeless and vulnerable New Yorkers truly makes a difference in the community.
This information is meant to be a general summary of 163rd Street Improvement Council 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.
- Investment Income: $25
- Program Service Revenue: $791,439
- Gross Receipts: $4,043,174
Assets and Liabilities:
- Total Assets: $17,033,569
- Total Liabilities: $5,655,337
- Net Assets: $11,378,232
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANTS RENTAL INCOME
Revenue
$791,439
Organization Details
Founding Year
1996
Phone
(718) 620-6007Principal Officer
Cassandra Perry
Main Address
490 EAST 167TH STREET, BRONX, NY, 10456
Website
www.163council.orgNTEE Category
Code: L200 - Housing
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