Overview
What is Geel East 182nd Street Corporation?
Geel East 182nd Street Corporation is a nonprofit organization, specifically based in the Bronx, New York, at 2516 Grand Avenue, 10468. Their primary focus is to provide housing for individuals who are recovering from mental illness and their families. The organization operates a 35-unit apartment building named the Geel East 182nd Street Supportive Housing Program, which has been instrumental in housing individuals and families for extended periods, averaging over fourteen years. Their mission is to empower people with mental illness and co-occurring disorders to establish and maintain safety and stability in a supportive living environment. This is achieved through on-site case management services, aiming to increase the residents' level of independence. The organization employs a dedicated team of three individuals.
Official website here: www.geelcs.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star Rating)
Geel East 182nd Street Corporation has earned an 82% rating from Charity Navigator, indicating a solid performance in terms of accountability and finance. The charity's high scores reflect a commitment to transparency, with a fully independent board and policies in place for conflict of interest, whistleblower protection, and document retention.
Strengths of the organization include a remarkable program expense ratio of 98.27%, suggesting that the majority of its funds are allocated directly to its programs rather than administrative costs. The charity also scores well in terms of governance, with independent board members and thorough documentation of board meeting minutes, which are essential for maintaining accountability.
However, a notable limitation is the high liabilities to assets ratio of 147.41%, which may raise concerns about financial stability. While the organization excels in many areas, this aspect suggests potential financial risks that could impact its operations in the future. Overall, the charity demonstrates strong accountability practices but must address its financial liabilities to ensure long-term sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Geel East 182nd Street Corporation legitimate?
Geel East 182nd Street Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Geel East 182nd Street Corporation 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.geelcs.org
What is the mission statement of Geel East 182nd Street Corporation?
The Geel East 182nd Street Corporation's mission is centered around assisting individuals struggling with mental illness and co-occurring disorders. Their objective is to help these individuals establish and maintain safety and stability in a supportive living environment. Through their initiatives, they aim to provide a setting that allows for increased independence for both the individuals and their families. This is achieved through on-site case management services, offered within a 35-unit apartment building, which has seen many residents stay in the program for over fourteen years.
Official website here: www.geelcs.org
What is the revenue of Geel East 182nd Street Corporation?
Geel East 182nd Street Corporation's revenue in 2024 was $2.
Official website here: www.geelcs.org
Who are the executives of Geel East 182nd Street Corporation and what are their salaries?
The average compensation at Geel East 182nd Street Corporation during 2024 was $22,969. There are 3 employees and 8 volunteers at Geel East 182nd Street Corporation.
Here are 12 key members and their salaries:
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- Related: $231,089
- Other: $31,851
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- Related: $54,832
- Other: $75
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- Related: $136,024
- Other: $43,722
- Compensation: $0
- Related: $30,819
- Other: $483
Official website here: www.geelcs.org
Where can I find the form 990 for Geel East 182nd Street Corporation?
Geel East 182nd Street Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.geelcs.org
Learn more at the official website: www.geelcs.org
Mission Statement of Geel East 182nd Street Corporation
Geel East 182nd Street Corporation is a nonprofit organization dedicated to assisting individuals who are recovering from mental illness and their families. Their mission is to empower these individuals by enabling them to establish and maintain safety and stability in a supportive living environment. This is achieved through the operation of a 35-unit apartment building, which houses individuals and families recovering from mental illness. The project aims to provide a stable living situation for its residents, allowing them to increase their level of independence through on-site case management services. The residents of this program have an average length of stay of over fourteen years, indicating the effectiveness of Geel East 182nd Street Corporation's supportive housing program in aiding individuals on their journey to recovery.
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Impact
July, 2024
Geel East 182nd Street Corporation's impact lies in providing stable housing for individuals recovering from mental illness and their families. Through their supportive housing program, they offer a safe and supportive living environment, helping residents establish and maintain safety and stability. By offering on-site case management services, the organization aims to increase the level of independence for these individuals and their families. Their commitment is evident in the average length of stay of over fourteen years for current residents, indicating the effectiveness of their approach in supporting mental health recovery.
This information is meant to be a general summary of Geel East 182nd Street Corporation. 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 2024.
- Investment Income: $2
- Program Service Revenue: $546,003
- Gross Receipts: $2
Assets and Liabilities:
- Total Assets: $1,264,649
- Total Liabilities: $236,594
- Net Assets: $1,028,055
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$546,003
Organization Details
Founding Year
1990
Principal Officer
Maria Matias
Website
www.geelcs.orgNTEE Category
Code: L200 - Housing
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