Overview
What is Broadway Housing Communities Inc?
Broadway Housing Communities Inc, a nonprofit organization established since 1983, serves the underserved communities of West Harlem and Washington Heights in New York City. Recognized for its innovative approach, Broadway Housing Communities combines housing, education, and arts to foster significant change for children, families, adults, and communities struggling with poverty, inequality, and gentrification. The organization's primary mission is to provide low-income housing, catering to the needs of the underprivileged. However, Broadway Housing Communities extends its reach beyond housing, offering high-quality arts-infused early childhood education programs for children from birth to age five. These programs, housed in two centers with a combined capacity to serve over 250 children, strive to support positive outcomes for underrepresented children and their families, including the formerly homeless, those living near or below the federal poverty line, and new immigrants with limited English language skills. Investment in early childhood education is recognized as crucial for the health of the economy and the wellbeing of children. Unfortunately, New York State falls behind in funding for this critical area, particularly affecting poor and new immigrant communities. Broadway Housing Communities recognizes the importance of high-quality early education, offering full-day center-based preschool programs, home-visiting programs for infants and toddlers, and parenting education programs that provide tools for supporting children's development. Enrichment opportunities and literacy intervention are also offered to bridge the word gap between low-income and more affluent children. Services for both centers include identification of special needs, medical assessments, mental health assessments, and ongoing school placement support. By providing these comprehensive services, Broadway Housing Communities aims to improve the lives of the underprivileged and support their growth and development. With a total of 130 employees, Broadway Housing Communities stands as a dedicated force in addressing the challenges of poverty, inequality, and homelessness in its New York City communities.
Official website here: www.broadwayhousing.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 96% (Four-Star out of Four Star rating)
Broadway Housing Communities Inc has received a commendable Four-Star rating from Charity Navigator, reflecting a high level of accountability and financial health. The organization achieved a perfect score in various categories, including independent board membership and financial oversight, indicating strong governance practices.
The nonprofit has demonstrated effective management of its resources, with a program expense ratio of 77.04%, meaning a substantial portion of its budget is directed towards its programs rather than administrative costs. Additionally, the organization has a favorable liabilities to assets ratio of 33.79%, showcasing its financial sustainability and ability to meet its obligations.
While the organization excels in accountability and finance, the summary does not provide insight into its overall impact or program effectiveness. Therefore, potential donors may consider looking for additional information regarding the outcomes and efficacy of the programs offered by Broadway Housing Communities Inc.
This AI summary has been generated from information found on Charity Navigator.
Is Broadway Housing Communities Inc legitimate?
Broadway Housing Communities Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Broadway Housing Communities 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: $869,773
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,742,400
For more financial information, click here
Official website here: www.broadwayhousing.org
What is the mission statement of Broadway Housing Communities Inc?
Broadway Housing Communities Inc, a non-profit organization established since 1983, is renowned for its pioneering high-impact solutions to combat poverty, inequality, and homelessness. Located in unspecified New York City neighborhoods, the organization's mission is to bring about meaningful change for children, families, adults, and communities affected by neglect and gentrification. They achieve this by leveraging the synergies of housing, education, and the arts. Broadway Housing Communities Inc's innovative model seeks to improve the lives of its community members by addressing their social, educational, and artistic needs.
Official website here: www.broadwayhousing.org
Who is the CEO of Broadway Housing Communities Inc?
Charlene Melville is the Associate Excecutive Director of Broadway Housing Communities Inc.
Official website here: www.broadwayhousing.org
What is the revenue of Broadway Housing Communities Inc?
Broadway Housing Communities Inc's revenue in 2022 was $8,027,659.
Official website here: www.broadwayhousing.org
Who are the executives of Broadway Housing Communities Inc and what are their salaries?
The average compensation at Broadway Housing Communities Inc during 2022 was $35,478. There are 130 employees at Broadway Housing Communities Inc.
Here are 30 key members and their salaries:
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- Other: $35,884
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- Compensation: $189,697
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- Other: $36,613
- Compensation: $150,577
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- Other: $25,207
- Compensation: $206,539
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- Other: $23,642
- Compensation: $145,008
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- Other: $30,852
- Compensation: $120,851
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- Other: $23,420
- Compensation: $155,000
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- Other: $8,871
- Compensation: $108,640
- Related: $0
- Other: $41,462
Official website here: www.broadwayhousing.org
Where can I find the form 990 for Broadway Housing Communities Inc?
Broadway Housing Communities Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.broadwayhousing.org
Learn more at the official website: www.broadwayhousing.org
Mission Statement of Broadway Housing Communities Inc
Broadway Housing Communities (BHC), established in 1983, is a distinguished non-profit organization recognized for pioneering innovative solutions to combat poverty, inequality, and homelessness in New York City neighborhoods, specifically Washington Heights and West Harlem. The organization's mission is multifaceted, leveraging the synergies of housing, education, and the arts to bring about meaningful change in the lives of children, families, adults, and communities. BHC recognizes the challenges faced by these communities due to both neglect and gentrification, and it aims to address these issues head-on. By employing a holistic approach that encompasses various aspects of life, BHC strives to create a positive impact and improve the well-being of those it serves.
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Impact
August, 2024
Since 2003, Broadway Housing Communities Inc has been providing low-income housing to the underserved in West Harlem and Washington Heights, New York. In addition to housing, the organization has made a significant impact by offering high-quality arts-infused early childhood education programs for resident and neighborhood children. These programs have the capacity to serve over 250 children from birth to age five and their families.
Broadway Housing Communities recognizes the vital role of high-quality early education in supporting positive outcomes for underserved children and their families, including the formerly homeless, those living near or below the federal poverty line, and new immigrants with limited English language skills. Their early childhood centers offer full-day center-based preschool programs and home-visiting programs for infants and toddlers that promote school readiness, physical health, social-emotional and cognitive development, and family engagement.
Furthermore, Broadway Housing Communities provides critical services such as intensive parenting education programs, culturally competent early literacy intervention, medical assessments, mental health support for parents and children, and ongoing school placement support. This comprehensive approach helps address the needs of the community and contributes to narrowing income-related school readiness gaps.
Overall, Broadway Housing Communities Inc's impact can be seen in the positive outcomes it achieves through its integrated approach to housing, education, and the arts, creating meaningful change for children, families, adults, and communities facing the challenges of poverty, inequality, and homelessness in New York City.
This information is meant to be a general summary of Broadway Housing Communities 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: $271,102
- Program Service Revenue: $1,952,714
- Gross Receipts: $8,230,011
Assets and Liabilities:
- Total Assets: $12,777,980
- Total Liabilities: $4,318,716
- Net Assets: $8,459,264
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$1,952,714
Organization Details
Founding Year
1983
Phone
(212) 568-2030Principal Officer
Charlene Melville
Main Address
583 RIVERSIDE DRIVE, NEW YORK, NY, 10031
Website
www.broadwayhousing.orgNTEE Category
Code: P85Z - Human services
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