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Access House Inc

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

EIN: 133215436 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Access House Inc?

Access House Inc is a nonprofit organization situated in the heart of New York City, specifically at 17 Battery Place Suite 1326, New York, NY 10004. Their primary focus is on providing transitional housing for individuals dealing with mental health concerns. In line with their mission, they operate a 15-unit community residence within Manhattan, New York. This residence serves as a safe haven, offering support and a sense of community to those in need. The organization's activities are centered around providing a nurturing environment for these individuals, aiming to help them regain independence and stability in their lives.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 59%, One-Star out of Four Star rating.

Access House Inc has received a low rating of 59% from Charity Navigator, which indicates significant concerns regarding its governance and financial accountability. Notably, the organization has no independent board members, which raises questions about its oversight and decision-making processes. While there are policies in place for conflicts of interest and whistleblowing, the lack of an independent board is a critical shortcoming that affects its overall score.

On a positive note, Access House Inc demonstrates a strong commitment to its programs, with a program expense ratio of 93.06%. This suggests that the majority of its funds are directed towards fulfilling its mission rather than administrative costs. Additionally, the organization has shown no material diversion of assets, which is a positive indicator of financial integrity.

However, the absence of a listed website on its tax form and a high liabilities to assets ratio of 76.70% further complicates its financial standing. These factors, alongside the lack of independent oversight, highlight vulnerabilities that potential donors and stakeholders should consider when evaluating the organization's overall effectiveness and reliability.


This AI summary has been generated from information found on Charity Navigator.

Is Access House Inc legitimate?

Access House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Access House 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Access House Inc?

Access House Inc's mission is centered around operating a 15-unit community residence. This residence serves as a transitional housing program, focusing on supporting individuals with low income and mental health concerns. The corporation's mission essentially aims to provide a safe and supportive environment for these individuals during their transition period. It does not specify any particular location in its mission statement.

Who is the CEO of Access House Inc?

Carolyn Hedigan is the Treasurer of Access House Inc.

What is the revenue of Access House Inc?

Access House Inc's revenue in 2022 was $496,864.

Who are the executives of Access House Inc and what are their salaries?


Here are 2 key members and their salaries:


Carolyn Hedigan (Treasurer)
  • Compensation: $0
  • Related: $227,542
  • Other: $18,403
Christopher Lacovara (Secretary)
  • Compensation: $0
  • Related: $158,467
  • Other: $21,222
Where can I find the form 990 for Access House Inc?

Access House Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Access House Inc

Access House Inc, a nonprofit organization, is committed to operating a 15-unit community residence. Their primary mission is to provide a transitional housing program for individuals who are financially disadvantaged and struggle with mental health issues. By operating this residence, Access House Inc aims to offer a supportive environment where these individuals can begin their journey towards recovery and independence. The corporation's focus on mental health concerns is evident in the operation of its transitional housing program, which seeks to provide a safe and nurturing space for its residents as they work towards overcoming their challenges.

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Impact




July, 2024

Access House Inc provides vital support and housing for low-income individuals with mental health concerns in Manhattan, New York. By operating a 15-unit community residence, the organization offers a transitional housing program that gives these individuals a stable and supportive environment to rebuild their lives. This helps to address the housing needs of this vulnerable population and assists them in transitioning towards independent living. Access House Inc's impact is significant in providing a stepping stone for individuals struggling with mental health challenges to achieve stability and improve their overall well-being.




This information is meant to be a general summary of Access House 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.

Revenue
$496,864 (2022)
Expenses
$463,739 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $293
  • Program Service Revenue: $406,571
  • Gross Receipts: $496,864

Assets and Liabilities:

  • Total Assets: $2,006,524
  • Total Liabilities: $1,554,666
  • Net Assets: $451,858

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Programs

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

HUD SECTION 8

Revenue

$406,571

Organization Details

Founding Year

1984

Principal Officer

Carolyn Hedigan

Main Address

17 Battery Place Suite 1326, NEW YORK, NY, 10004

NTEE Category

Code: L41Z - Housing

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