Overview
What is Ahrc Nyc New Projects Inc?
Ahrc Nyc New Projects Inc is a New York-based nonprofit organization dedicated to providing certified residential facilities and living accommodations for neurodiverse individuals. Their mission involves acquiring, owning, leasing, selling, and maintaining real property and any necessary improvements to ensure people with neurodiversity can lead full and equitable lives. This entity holds the title to real estate and manages their financing on behalf of NYSARC Inc., NYC Chapter.
Official website here: www.ahrcnyc.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 86%, Three-Star out of Four Star rating.
Ahrc Nyc New Projects Inc has achieved an 86% score, indicating solid performance in accountability and finance. The organization boasts an entirely independent board, and it demonstrates strong governance practices with policies in place for conflict of interest and whistleblowing. Additionally, it has maintained proper documentation and oversight, reflecting a commitment to transparency.
The charity excels particularly in its program expenses, dedicating 96.87% of its funds directly to its programs, which highlights effective allocation of resources toward its mission. The organization has no reported material diversions of assets, which signifies financial integrity and responsible management practices.
However, a potential area for improvement is its liabilities to assets ratio, which stands at 63.55%. While this ratio indicates moderate financial leverage, it could raise concerns about liquidity or financial flexibility. Overall, Ahrc Nyc New Projects Inc demonstrates strong operational standards but should continue to monitor its financial health for sustained effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Ahrc Nyc New Projects Inc legitimate?
Ahrc Nyc New Projects Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ahrc Nyc New Projects 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.ahrcnyc.org
What is the mission statement of Ahrc Nyc New Projects Inc?
Ahrc Nyc New Projects Inc is dedicated to providing certified residential facilities and living accommodations for neurodiverse individuals, enabling them to live full and equitable lives. The organization's primary objective is to acquire, own, lease, sell, and maintain properties or any improvements for the benefit of NYSARC Inc., NYC Chapter. This real estate entity holds the title to the property and manages its financing to ensure the provision of suitable homes for neurodiverse people. Through its efforts, Ahrc Nyc New Projects Inc supports the mission of NYSARC Inc., NYC Chapter in providing essential living solutions for those who require specialized accommodations.
Official website here: www.ahrcnyc.org
Who is the CEO of Ahrc Nyc New Projects Inc?
Marco Damiani is the CEO of Ahrc Nyc New Projects Inc The CEO's salary of Ahrc Nyc New Projects Inc is $0 and their total compensation is $668,993.
Official website here: www.ahrcnyc.org
What is the revenue of Ahrc Nyc New Projects Inc?
Ahrc Nyc New Projects Inc's revenue in 2023 was $3,739,909.
Official website here: www.ahrcnyc.org
Who are the executives of Ahrc Nyc New Projects Inc and what are their salaries?
Here are 5 key members and their salaries (Ahrc Nyc New Projects Inc's CEO's salary is $0 and their total compensation is $668,993):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $626,792
- Other: $42,201
- Compensation: $0
- Related: $401,208
- Other: $33,850
Official website here: www.ahrcnyc.org
Where can I find the form 990 for Ahrc Nyc New Projects Inc?
Ahrc Nyc New Projects Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.ahrcnyc.org
Learn more at the official website: www.ahrcnyc.org
Mission Statement of Ahrc Nyc New Projects Inc
Ahrc Nyc New Projects Inc, a mission-driven organization, is dedicated to acquiring, owning, leasing, selling, and maintaining property to provide certified residential facilities and living accommodations for neurodiverse individuals. The ultimate goal is to help these individuals lead full and equitable lives, supported by NYSARC Inc., NYC Chapter.
Ahrc Nyc New Projects Inc holds title to real property and manages its financing, acting as a beneficial agent for NYSARC Inc., NYC Chapter. Their primary focus is on accommodating those who are neurodivergent, a term used to describe individuals whose neurological development and thinking patterns differ from what is considered typical. The organization's commitment to this population ensures they have access to suitable living arrangements and opportunities for a fulfilling life. By providing these accommodations, Ahrc Nyc New Projects Inc is contributing significantly to the neurodiverse community, enabling them to reach their full potential.
The organization's efforts extend beyond basic accommodation, as they are committed to empowering neurodiverse individuals to live independent and equitable lives. By offering certified residential facilities, Ahrc Nyc New Projects Inc ensures that the living conditions meet necessary standards, providing a stable foundation for the residents' growth and development. The organization's unwavering dedication to this cause demonstrates their commitment to creating a more inclusive and supportive world for neurodiverse individuals.
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Impact
October, 2024
Ahrc Nyc New Projects Inc significantly enhances the lives of neurodiverse individuals by providing essential living accommodations. By acquiring, owning, and managing properties specifically designed for this community, the organization creates certified residential facilities that not only meet the immediate housing needs but also support the integration and full participation of residents in society.
The impact is multifaceted: it fosters a sense of belonging, promotes independence, and ensures equitable access to living environments tailored to the unique needs of neurodiverse individuals. The establishment of these facilities allows residents to thrive in supportive settings, enabling them to lead fulfilling lives and engage more meaningfully with the broader community. Through its efforts, Ahrc Nyc New Projects Inc plays a crucial role in promoting inclusivity and advocating for the rights of neurodiverse individuals in New York City.
This information is meant to be a general summary of Ahrc Nyc New Projects 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $96,147
- Program Service Revenue: $4,361,671
- Gross Receipts: $8,471,981
Assets and Liabilities:
- Total Assets: $68,200,259
- Total Liabilities: $44,242,796
- Net Assets: $23,957,463
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$4,361,671
Organization Details
Founding Year
1990
Principal Officer
Patricia Murphy Esq
Website
www.ahrcnyc.orgNTEE Category
Code: P820 - Human services
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