Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc

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

EIN: 133401322 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc?

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc is a nonprofit organization situated in New York City, specifically at 575 Eighth Avenue, 16th Floor. The primary purpose of this organization is to hold the title to a property used to deliver services for homeless individuals. This property serves as a vital resource, providing essential aid and support to those in need. While the description is straightforward, the organization's dedication to alleviating homelessness is commendable, offering a crucial lifeline to those in need of shelter and assistance.


Official website here: www.urbanpathways.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement, Two-Star out of Four Star rating (67%)

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc has received a "Needs Improvement" rating from Charity Navigator, which indicates some concerns regarding its financial health and program efficiency. While the organization has been recognized for having a fully independent board and a strong commitment to transparency—evident through its policies and audit practices—its program expense ratio is notably low, suggesting that a significant portion of its funds may not be directed towards its core mission.

The organization excels in governance and accountability, with 100% independent board members and thorough conflict of interest and whistleblower policies in place. These aspects reflect a solid commitment to ethical practices and organizational integrity. However, the financial metrics reveal areas that require attention, particularly the program expense ratio of 33.85%, which is significantly lower than the average for similar organizations, indicating that more resources may need to be allocated towards program initiatives to enhance impact.

In summary, while Westside Cluster demonstrates strong governance and compliance measures, its financial management and focus on program delivery present challenges that could hinder its overall effectiveness in fulfilling its mission. Stakeholders may want to monitor improvements in program spending to ensure that their contributions are making a meaningful difference.


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

Is Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc legitimate?

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co 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


Official website here: www.urbanpathways.org

What is the mission statement of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc?

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc holds title to property, which is utilized to offer services for individuals experiencing homelessness. The organization's primary objective is to provide a shelter and necessary assistance to these individuals, aiming to improve their living conditions and support their journey towards stability. By managing this property, the organization contributes to the broader goal of addressing homelessness and offering a temporary solution to individuals in need. The services provided may include food, shelter, counseling, and resources for reintegration into society. The organization's commitment is to provide a safe and supportive environment for these individuals, helping them regain their footing and transition towards a more stable living situation.


Official website here: www.urbanpathways.org

Who is the CEO of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc?

Frederick Shack is the Ceo of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc. The CEO's salary of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc is $0 and their total compensation is $286,222.


Official website here: www.urbanpathways.org

What is the revenue of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc?

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc's revenue in 2022 was $668,803.


Official website here: www.urbanpathways.org

Who are the executives of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc and what are their salaries?

There 24 volunteers at Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc.


Here are 29 key members and their salaries (Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc's CEO's salary is $0 and their total compensation is $286,222):


Adam Heft (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ajay Salhotra (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bradley Handler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chiara Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cynthia Summers (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Katcher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Poteat (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Erik Ipsen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Erin Abrams (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ethan Kaufman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Belsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Sun (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Gee (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kelley Gott (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa Choi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Franken (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Barnett (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Innis-Thompson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Kaye (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Li (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paulomi Shah (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Brest (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shaun Mirza (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Dicesare (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Lawson (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0
Frederick Shack (Ceo)
  • Compensation: $0
  • Related: $270,852
  • Other: $15,370
Robert Mcphillips (Cfo)
  • Compensation: $0
  • Related: $163,742
  • Other: $48,822


Official website here: www.urbanpathways.org

Where can I find the form 990 for Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc?

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.urbanpathways.org

Learn more at the official website: www.urbanpathways.org

Mission Statement of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc is an organization that holds the title to property, which is utilized to provide services for individuals experiencing homelessness. This nonprofit's mission is centered around offering assistance to this vulnerable population. By owning the property, the organization is able to allocate resources towards providing necessary services for those in need, ultimately working towards alleviating homelessness. The specific services offered at this property are not detailed in the information provided, but it can be inferred that they are geared towards addressing the unique challenges faced by homeless individuals.

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Impact




July, 2024

Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co Inc's impact is crucial in providing housing and services for homeless individuals in New York City. By holding the title to properties used for this purpose, the organization plays a vital role in addressing homelessness and supporting those in need. Its efforts contribute to improving the well-being and stability of vulnerable populations in the community.




This information is meant to be a general summary of Westside Cluster 902-904 Amsterdam Avenue Housing Development Fund Co 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
$668,803 (2022)
Expenses
$668,803 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $150,064
  • Gross Receipts: $668,803

Assets and Liabilities:

  • Total Assets: $9,731,391
  • Total Liabilities: $5,544,892
  • Net Assets: $4,186,499

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Programs

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

INTEREST

Revenue

$150,064

Organization Details

Founding Year

1986

Principal Officer

Frederick Shack

Main Address

575 EIGHT AVENUE 16TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: L41 - Housing

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