Overview
What is New York Insititute For Human Development Inc?
New York Institute for Human Development Inc, located at 1011 First Avenue, New York, NY 10022, is a nonprofit organization dedicated to supporting the creation, survival, and growth of community-based organizations. They offer a wide range of technical assistance, consulting services, and financial aid. Affiliated with the Association of New York Catholic Homes, Inc., the organization provides oversight to archdiocesan-affiliated housing companies. Additionally, New York Institute for Human Development Inc is associated with Catholic Charities of the Archdiocese of New York and other archdiocesan entities. Their primary mission is to ensure the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects. They also manage the development of new affordable housing units and refinance existing debt obligations. The organization employs 9 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Star rating)
The New York Institute for Human Development Inc has achieved a 79% rating from Charity Navigator, indicating a strong focus on accountability and finance. This score is derived solely from their Accountability & Finance beacon, highlighting the organization's commitment to maintaining sound financial practices and transparency in operations.
Strengths of the organization include having a fully independent board, a robust audit and oversight committee, and stringent conflict of interest and whistleblower policies. With a program expense ratio of 93.51%, the majority of its funding is directed towards its programs, suggesting effective utilization of resources for its mission.
However, while the financial management appears sound, there is no additional information provided about the impact of its programs or community feedback. This lack of qualitative data could be a consideration for potential donors looking for insights beyond financial performance.
This AI summary has been generated from information found on Charity Navigator.
Is New York Insititute For Human Development Inc legitimate?
New York Insititute For Human Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Insititute For Human Development 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: $302,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $718,023
For more financial information, click here
What is the mission statement of New York Insititute For Human Development Inc?
The New York Institute for Human Development Inc is committed to aiding the establishment, sustenance, and expansion of community-based organizations. They accomplish this through a variety of technical assistance, consulting services, and financial support. The organization has an affiliation with the Association of New York Catholic Homes, Inc., which provides oversight to archdiocesan affiliated housing companies. Additionally, the New York Institute for Human Development Inc is affiliated with Catholic Charities of the Archdiocese of New York and other archdiocesan entities. Beyond this, the organization's primary mission is to ensure the maintenance and development of quality affordable housing. They achieve this by offering management and oversight services to parish-sponsored housing projects owned by non-profit housing development and finance companies. Furthermore, they are involved in managing the development of new affordable housing units on vacant or underutilized parish properties, and the refinancing of existing debt obligations.
Who is the CEO of New York Insititute For Human Development Inc?
Russell Lang is the Ceo of New York Insititute For Human Development Inc. The CEO's salary of New York Insititute For Human Development Inc is $290,066 and their total compensation is $302,350.
What is the revenue of New York Insititute For Human Development Inc?
New York Insititute For Human Development Inc's revenue in 2022 was $9,683,097.
Who are the executives of New York Insititute For Human Development Inc and what are their salaries?
The average compensation at New York Insititute For Human Development Inc during 2022 was $113,375. There are 9 employees and 10 volunteers at New York Insititute For Human Development Inc.
Here are 14 key members and their salaries (New York Insititute For Human Development Inc's CEO's salary is $290,066 and their total compensation is $302,350):
- Compensation: $290,066
- Related: $0
- Other: $12,284
- Compensation: $169,980
- Related: $0
- Other: $39,619
- Compensation: $120,966
- Related: $0
- Other: $25,744
- Compensation: $101,771
- Related: $0
- Other: $36,278
- Compensation: $0
- Related: $27,000
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New York Insititute For Human Development Inc?
New York Insititute For Human Development Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York Insititute For Human Development Inc
The New York Institute for Human Development Inc is dedicated to supporting the establishment, continuity, and expansion of community-focused organizations. They accomplish this through a diverse array of technical assistance, consulting services, and financial aid. This nonprofit organization is affiliated with the Association of New York Catholic Homes, Inc., which oversees archdiocesan housing companies. Additionally, the New York Institute for Human Development Inc is associated with Catholic Charities of the Archdiocese of New York and other archdiocesan entities.
With a mission centered around ensuring the upkeep and advancement of affordable housing, the New York Institute for Human Development Inc provides management and supervisory services to parish-sponsored housing projects. These projects are owned by non-profit housing development and finance companies. Beyond this, the organization also engages in the development of new affordable housing units on underutilized or vacant parish properties. Furthermore, they facilitate the refinancing of existing debt obligations for these projects. This commitment to affordable housing in the community is a significant part of the New York Institute for Human Development Inc's mission.
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Impact
July, 2024
New York Institute For Human Development Inc's impact lies in aiding the creation, survival, and growth of community-based organizations through a broad range of technical assistance, consulting services, and financial support. The organization provides consulting to various independent companies managing affordable multifamily and senior citizen housing. Additionally, they offer construction management consulting and development services to housing development finance corporations engaged in the rehabilitation of existing affordable housing projects and the construction of new affordable housing. Their work focuses on assuring the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects owned by non-profit housing development and finance companies. Overall, New York Institute For Human Development Inc plays a crucial role in the sustainable development of affordable housing initiatives in the community.
This information is meant to be a general summary of New York Insititute For Human Development 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: $34,963
- Program Service Revenue: $9,648,134
- Gross Receipts: $9,683,097
Assets and Liabilities:
- Total Assets: $41,983,691
- Total Liabilities: $33,624,886
- Net Assets: $8,358,805
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
DEVELOPER FEES
Revenue
$8,688,980
HOUSING PROJECT MGMT.
Revenue
$703,064
INT. ON PROGRAM INV.
Revenue
$225,314
CONSTRUCTION MGMT.
Revenue
$30,000
OTHER PROGRAM REVENUE
Revenue
$776
Organization Details
Founding Year
1966
Phone
(212) 371-1000Principal Officer
Russell Lang
Main Address
1011 FIRST AVENUE, NEW YORK, NY, 10022
NTEE Category
Code: B00 - Education
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