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Educational Housing Services Inc

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

EIN: 133411159 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Educational Housing Services Inc?

Educational Housing Services Inc, a New York-based nonprofit, is dedicated to acquiring, maintaining, and operating quality, safe, state-of-the-art, affordable residential facilities for students and teachers in the New York City metro area. With a mission to enhance the college experience, EHS provides not only secure housing but also coordinates a student life social calendar, promoting community engagement and student activities. The organization currently employs 82 individuals.


Official website here: www.studenthousing.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Stars)

Educational Housing Services Inc has received an 81% rating from Charity Navigator, indicating a solid level of accountability and financial health. This overall score is derived solely from its accountability and finance metrics, highlighting the organization’s focus on maintaining high standards in these areas.

The organization boasts a fully independent board, with all members meeting the criteria for independence, which strengthens governance. Additionally, it has received full points for its audit and oversight committee, reflecting strong financial management practices. A high program expense ratio of 88.60% demonstrates that a significant portion of its funds is directed towards its mission, which is a positive indicator for donors.

However, while the financial oversight appears robust, the substantial salaries of key personnel may raise questions for some stakeholders regarding compensation. It's essential for potential donors to weigh this alongside the organization's overall performance when considering their contributions.


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

Is Educational Housing Services Inc legitimate?

Educational Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Educational Housing Services 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: $916,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,521,454

For more financial information, click here


Official website here: www.studenthousing.org

What is the mission statement of Educational Housing Services Inc?

Educational Housing Services Inc is dedicated to enhancing the college experience by providing safe and affordable housing for students and teachers in the New York City metro area. Their mission is to acquire, maintain, and operate state-of-the-art residential facilities that cater to the needs of educational institutions. In addition to offering quality and secure housing, Educational Housing Services also coordinates a student life social calendar, promoting student activities within the community.


Official website here: www.studenthousing.org

Who is the CEO of Educational Housing Services Inc?

Jeffrey Lynford is the President of Educational Housing Services Inc.


Official website here: www.studenthousing.org

What is the revenue of Educational Housing Services Inc?

Educational Housing Services Inc's revenue in 2022 was $23,203,102.


Official website here: www.studenthousing.org

Who are the executives of Educational Housing Services Inc and what are their salaries?

The average compensation at Educational Housing Services Inc during 2022 was $29,736. There are 82 employees at Educational Housing Services Inc.


Here are 19 key members and their salaries:


Jeffrey Lynford (President)
  • Compensation: $584,683
  • Related: $0
  • Other: $61,552
Faye Bean (Senior Vp Leasing & Marketing)
  • Compensation: $263,057
  • Related: $0
  • Other: $61,512
Adam B Kaufman (Senior Housing Advisor)
  • Compensation: $255,186
  • Related: $0
  • Other: $21,227
Christy Chatfield (Senior Vp Student Life)
  • Compensation: $212,236
  • Related: $0
  • Other: $63,818
Joseph La Vacca (Treasurer)
  • Compensation: $198,442
  • Related: $0
  • Other: $43,513
Ariel Dybner (Sr Vp Gnrl Counsel, Secretary)
  • Compensation: $160,072
  • Related: $0
  • Other: $71,998
Abram Bernstein (Vp Of Investments)
  • Compensation: $166,322
  • Related: $0
  • Other: $20,048
Darlene Lewis (Controller)
  • Compensation: $136,003
  • Related: $0
  • Other: $38,574
Justin Fay (Housing Advisor)
  • Compensation: $150,666
  • Related: $0
  • Other: $23,694
William Cockrum Iii (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Jerry Hultin (Chairman Of The Board)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
John Thomas Randolph Ii (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Dale Anne Reiss (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Samara Barend (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Donald D Sheets (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Dennis R Irvin (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Carl Richard Hartman (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Patrick Foye (Board Member)
  • Compensation: $25,000
  • Related: $0
  • Other: $0
Leecia Roberta Eve (Board Member)
  • Compensation: $6,250
  • Related: $0
  • Other: $0


Official website here: www.studenthousing.org

Where can I find the form 990 for Educational Housing Services Inc?

Educational Housing Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.studenthousing.org

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

Mission Statement of Educational Housing Services Inc

Educational Housing Services Inc, or EHS, is a mission-driven organization dedicated to enhancing the college experience in New York City by providing safe and affordable housing for students and teachers. Their goal is to acquire, maintain, and operate state-of-the-art residential facilities for the educational community.

In simple terms, EHS strives to create a secure living environment for students and educators, enabling them to focus on their academic pursuits. They pride themselves on offering quality housing solutions that are both safe and affordable, ensuring that the students have a comfortable place to call home during their educational journey.

Additionally, EHS coordinates a student life social calendar filled with various activities. These events promote community engagement and foster a vibrant student atmosphere within the residential facilities. By providing a rich and enriching student life environment, EHS aims to contribute to the overall success and well-being of its residents.

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Impact




October, 2024

Educational Housing Services Inc. makes a significant impact by providing safe, quality, and affordable housing for students and educators in the New York City metropolitan area. By acquiring, maintaining, and operating state-of-the-art residential facilities, EHS ensures that students have a secure place to live, which is essential for their academic success and overall well-being.

The organization enhances the college experience by creating an enriching environment that goes beyond mere accommodation. EHS fosters a vibrant community through a coordinated student life social calendar, promoting various activities and events that encourage social interaction, collaboration, and personal growth among residents. This level of engagement strengthens the sense of belonging among students, helping them to integrate into the larger academic and cultural fabric of the city.

In a landscape where affordable housing options are limited, EHS's commitment to providing safe and accessible living spaces is crucial. The positive impact of their services extends not only to the individual students and teachers who reside in their facilities but also to the educational institutions and the broader community, cultivating an atmosphere conducive to learning and development.




This information is meant to be a general summary of Educational Housing Services 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
$23,203,102 (2022)
Expenses
$26,676,901 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $19,088
  • Program Service Revenue: $22,325,415
  • Gross Receipts: $23,203,102

Assets and Liabilities:

  • Total Assets: $143,652,746
  • Total Liabilities: $175,236,462
  • Net Assets: -$31,583,716

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Programs

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

HOUSING AND DORMITORY

Revenue

$22,325,415

Organization Details

Founding Year

1987

Principal Officer

Jeffrey Lynford

Main Address

481 EIGHTH AVENUE, NEW YORK, NY, 10001

NTEE Category

Code: L99Z - Housing

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