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Manhattan Bowery Management Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133033875 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Manhattan Bowery Management Corporation?

Manhattan Bowery Management Corporation is a nonprofit organization situated in New York City, specifically at 200 Varick Street, 9th Floor. Their primary mission involves providing permanent housing for formerly homeless individuals, offering them employment opportunities in property management services across various housing facilities. This initiative benefited 307 residents as of the provided data. Additionally, the organization offers job training, rehabilitation programs for former alcoholics, and referral services for homeless individuals. With a workforce of 75 employees, Manhattan Bowery Management Corporation aims to uplift and support those in need by offering a pathway towards stability and independence.

Is Manhattan Bowery Management Corporation legitimate?

Manhattan Bowery Management Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Manhattan Bowery Management Corporation 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: $1,027,302

For more financial information, click here

What is the mission statement of Manhattan Bowery Management Corporation?

Manhattan Bowery Management Corporation is an organization committed to providing support for individuals who have previously struggled with alcoholism and homelessness. Their mission includes offering job training and rehabilitation programs for former alcoholics, as well as providing referral services. Furthermore, the corporation extends its mission to offer housing solutions for homeless individuals. In one of their initiatives, they employ formerly homeless individuals to manage properties at various permanent housing facilities. As of their records, they have provided permanent housing to 307 residents.

Who is the CEO of Manhattan Bowery Management Corporation?

Eric Rosenbaum is the CEO of Manhattan Bowery Management Corporation The CEO's salary of Manhattan Bowery Management Corporation is $0 and their total compensation is $395,747.

What is the revenue of Manhattan Bowery Management Corporation?

Manhattan Bowery Management Corporation's revenue in 2023 was $2,081,962.

Who are the executives of Manhattan Bowery Management Corporation and what are their salaries?

The average compensation at Manhattan Bowery Management Corporation during 2023 was $25,056. There are 41 employees and 5 volunteers at Manhattan Bowery Management Corporation.

Here are 8 key members and their salaries (Manhattan Bowery Management Corporation's CEO's salary is $0 and their total compensation is $395,747):


Alan Belzer (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Weiss (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Doherty (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Russell Berman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Rosenbaum (President & Ceo)
  • Compensation: $0
  • Related: $360,164
  • Other: $35,583
James Davidson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Woody (Chief Real Estate Officer)
  • Compensation: $0
  • Related: $198,956
  • Other: $12,135
Steven Jones (Treasurer & Cfo)
  • Compensation: $0
  • Related: $259,673
  • Other: $22,334
Where can I find the form 990 for Manhattan Bowery Management Corporation?

Manhattan Bowery Management Corporation's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Manhattan Bowery Management Corporation

Manhattan Bowery Management Corporation is an organization dedicated to providing support for individuals who have previously struggled with alcoholism and homelessness. Its mission encompasses offering job training and rehabilitation programs for former alcoholics, as well as providing referral services for the homeless. Beyond this, the organization also extends its efforts to offering housing solutions for homeless individuals. One of their notable initiatives involves employing formerly homeless individuals to perform property management services at various permanent housing facilities. Through this approach, Manhattan Bowery Management Corporation was able to provide permanent housing to 307 residents. Overall, the organization's mission is to empower and support individuals who have faced challenges with alcoholism and homelessness, providing them with the tools and resources necessary to rebuild their lives.

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Impact




October, 2024

Manhattan Bowery Management Corporation significantly impacts the New York community by facilitating job training and rehabilitation programs tailored for former alcoholics and providing essential referral services for individuals transitioning out of homelessness. By employing formerly homeless individuals in property management roles across various permanent housing facilities, the organization not only helps to stabilize their lives but also fosters a sense of purpose and community engagement. In its efforts, it has successfully provided permanent housing for 307 residents, demonstrating a tangible commitment to improving the living conditions and employment opportunities for vulnerable populations. This multifaceted approach enhances personal recovery journeys while contributing positively to the broader community by addressing issues of homelessness and substance dependency.




This information is meant to be a general summary of Manhattan Bowery Management Corporation. 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.

Revenue
$2,081,962 (2023)
Expenses
$1,619,677 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $1,780,285
  • Gross Receipts: $2,081,962

Assets and Liabilities:

  • Total Assets: $3,734,534
  • Total Liabilities: $276,926
  • Net Assets: $3,457,608

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

CONTRACTED SERVICE FEE

Revenue

$1,208,013

MANAGEMENT FEE INCOME

Revenue

$572,272

Organization Details

Founding Year

1979

Principal Officer

Eric Rosenbaum

NTEE Category

Code: J300 - Employment

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