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The St John's Place Family Center Housing Development Fund Corp

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

EIN: 133441465 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is The St John's Place Family Center Housing Development Fund Corp?

The St John's Place Family Center Housing Development Fund Corp is a nonprofit organization located at 247 WEST 37TH ST 4TH FLOOR, NEW YORK, NY 10018. Their primary mission is to assist families in achieving and maintaining self-sufficiency. Funded by the New York City Department of Homeless Services, the organization currently works on rehabilitating a homeless shelter operated by Urban Resource Institute. The St John's Place Family Center HDFC's efforts are geared towards helping families overcome homelessness and strive for self-reliance. With a team of 41 employees, they are committed to making a significant impact in their community.


Official website here: www.settlementhousingfund.org/st_johns_place.html

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

The St John's Place Family Center Housing Development Fund Corp has received a Two-Star out of Four Star rating from Charity Navigator, indicating that there are significant areas that require improvement. With an overall score of 66%, the organization struggles primarily with governance and financial accountability, particularly due to the absence of independent board members, which can impact its operational transparency and effectiveness.

Despite its governance challenges, the organization demonstrates a strong commitment to its programs, with a program expense ratio of 80.02%, reflecting a majority of its expenditures directed towards its mission. Additionally, it has established several positive policies, including a conflict of interest policy and a whistleblower policy, which are well-documented and in place. However, the absence of the tax form on its website limits transparency regarding its financial practices.

Financially, the organization faces a concerning liabilities-to-assets ratio of 96.03%, which raises questions about its fiscal health and sustainability. Despite having no material diversion of assets and a solid financial oversight committee, the high liabilities might hinder its ability to fulfill its mission effectively in the long term. Overall, while there are commendable aspects of the organization, it requires significant improvements in governance and financial management.


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

Is The St John's Place Family Center Housing Development Fund Corp legitimate?

The St John's Place Family Center Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The St John's Place Family Center Housing Development Fund Corp 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: $24,313
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.settlementhousingfund.org/st_johns_place.html

What is the mission statement of The St John's Place Family Center Housing Development Fund Corp?

The St. John's Place Family Center Housing Development Fund Corp is an organization with a mission to aid families in achieving and sustaining self-sufficiency. Funded by the New York City Department of Homeless Services, the organization owns and is actively working on rehabilitating a homeless shelter, which is operated by Urban Resource Institute. Their primary goal is to empower families towards self-reliance.


Official website here: www.settlementhousingfund.org/st_johns_place.html

Who is the CEO of The St John's Place Family Center Housing Development Fund Corp?

Alexa Sewell is the President of The St John's Place Family Center Housing Development Fund Corp.


Official website here: www.settlementhousingfund.org/st_johns_place.html

What is the revenue of The St John's Place Family Center Housing Development Fund Corp?

The St John's Place Family Center Housing Development Fund Corp's revenue in 2022 was $1,641,200.


Official website here: www.settlementhousingfund.org/st_johns_place.html

Who are the executives of The St John's Place Family Center Housing Development Fund Corp and what are their salaries?

The average compensation at The St John's Place Family Center Housing Development Fund Corp during 2022 was $593. There are 41 employees and 1 volunteer at The St John's Place Family Center Housing Development Fund Corp.


Here are 6 key members and their salaries:


Alexa Sewell (President)
  • Compensation: $0
  • Related: $267,375
  • Other: $36,268
Garraud Etienne (Vice Chair Until 3/22)
  • Compensation: $0
  • Related: $182,134
  • Other: $23,691
Lee Warshavsky (Treasurer / Secretary Until 1/22)
  • Compensation: $0
  • Related: $176,167
  • Other: $6,620
Fazeela Siddiqui (Vice President)
  • Compensation: $0
  • Related: $109,232
  • Other: $34,745
Jacqueline Tom (Treasurer / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mohamed Khalifa (Director Of Finance)
  • Compensation: $61,161
  • Related: $42,099
  • Other: $49,072


Official website here: www.settlementhousingfund.org/st_johns_place.html

Where can I find the form 990 for The St John's Place Family Center Housing Development Fund Corp?

The St John's Place Family Center Housing Development Fund Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.settlementhousingfund.org/st_johns_place.html

Learn more at the official website: www.settlementhousingfund.org/st_johns_place.html

Mission Statement of The St John's Place Family Center Housing Development Fund Corp

The St. John's Place Family Center Housing Development Fund Corp is a nonprofit organization with a mission to aid families in achieving and sustaining self-sufficiency. Funded by the New York City Department of Homeless Services, this organization plays a significant role in this mission. Currently, The St. John's Place Family Center HDFC is actively working on rehabilitating a homeless shelter, which is operated by Urban Resource Institute. This rehabilitation project is a testament to their commitment towards improving living conditions and providing a supportive environment for families in need. The ultimate goal is to help these families regain their independence and stability, thereby achieving and sustaining self-sufficiency.

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Impact




August, 2024

The impact of The St John's Place Family Center Housing Development Fund Corp is centered around helping families achieve and sustain self-sufficiency. The organization is focused on providing support to families in need, particularly those experiencing homelessness. By owning and working to rehabilitate a homeless shelter in New York City, they are actively contributing to the community by offering a safe and stable environment for those in crisis. The mission of The St John's Place Family Center Housing Development Fund Corp plays a crucial role in addressing housing insecurity and promoting independence among vulnerable families.




This information is meant to be a general summary of The St John's Place Family Center Housing Development Fund Corp. 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
$1,641,200 (2022)
Expenses
$557,103 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $1,641,200

Assets and Liabilities:

  • Total Assets: $3,549,559
  • Total Liabilities: $1,970,140
  • Net Assets: $1,579,419

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Organization Details

Founding Year

1987

Principal Officer

Alexa Sewell

Main Address

247 WEST 37TH ST 4TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: L41 - Housing

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