Overview
What is Postgraduate Center West 98th Street Residence Inc?
Postgraduate Center West 98th Street Residence Inc is a nonprofit organization situated in New York City, specifically at 158 East 35th Street. Their primary mission is to provide housing and support for individuals with chronic mental illnesses, operating under Section 811 of the National Housing Act. Their 98th Street Residence, in full operation, houses and assists twenty seriously and persistently mentally ill adults, offering them a supportive transition from hospital stays to community living. The organization's programs focus on helping individuals achieve stability and independence, enabling them to move into supported housing apartments where they pay a portion of their income towards rent. The balance is covered through a rent subsidy. During the past fiscal year, three residents were appropriately discharged to alternative levels of care, and one high-needs client was admitted from state or acute care psychiatric units. Overall, Postgraduate Center West 98th Street Residence Inc is dedicated to promoting well-being for mentally ill and elderly individuals through community residences and housing facilities.
Official website here: www.pgcmh.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 38%, Zero-Star out of Four Star rating.
The Postgraduate Center West 98th Street Residence Inc has received a low score of 38%, reflecting significant concerns regarding its accountability and finance practices. The rating is based on a single beacon score that highlights deficiencies in several areas, including a lack of independent board members and policies related to conflicts of interest and whistleblowing.
The organization does demonstrate strength in its program expense ratio, indicating that funds are being allocated effectively towards its mission. However, the absence of critical governance measures, such as board meeting minutes and a transparent liability-to-assets ratio, raises red flags about its operational integrity. These issues suggest the need for substantial improvements in organizational oversight and transparency for better performance in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Postgraduate Center West 98th Street Residence Inc legitimate?
Postgraduate Center West 98th Street Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Postgraduate Center West 98th Street Residence 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.pgcmh.org
What is the mission statement of Postgraduate Center West 98th Street Residence Inc?
Postgraduate Center West 98th Street Residence Inc's mission is focused on providing community residences and housing facilities that cater specifically to the well-being of mentally ill and elderly individuals. The organization's community residence programs aid consumers in transitioning from prolonged hospital stays to living in the community. Once a consumer has gained stability and necessary skills, they may move to a supported housing apartment operated by the center. In this type of housing, tenants pay a portion of their income towards rent, with the balance covered by a rent subsidy. The mission is to ensure the provision of secure and supportive living environments for these vulnerable populations.
Official website here: www.pgcmh.org
Who is the CEO of Postgraduate Center West 98th Street Residence Inc?
Jacob Barak Phd is the President & Ceo of Postgraduate Center West 98th Street Residence Inc. The CEO's salary of Postgraduate Center West 98th Street Residence Inc is $0 and their total compensation is $927,435.
Official website here: www.pgcmh.org
What is the revenue of Postgraduate Center West 98th Street Residence Inc?
Postgraduate Center West 98th Street Residence Inc's revenue in 2022 was $186,109.
Official website here: www.pgcmh.org
Who are the executives of Postgraduate Center West 98th Street Residence Inc and what are their salaries?
There 4 volunteers at Postgraduate Center West 98th Street Residence Inc.
Here are 4 key members and their salaries (Postgraduate Center West 98th Street Residence Inc's CEO's salary is $0 and their total compensation is $927,435):
- Compensation: $0
- Related: $769,110
- Other: $158,325
- Compensation: $0
- Related: $229,317
- Other: $60,757
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.pgcmh.org
Where can I find the form 990 for Postgraduate Center West 98th Street Residence Inc?
Postgraduate Center West 98th Street Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.pgcmh.org
Learn more at the official website: www.pgcmh.org
Mission Statement of Postgraduate Center West 98th Street Residence Inc
Postgraduate Center West 98th Street Residence Inc, a nonprofit organization, is committed to providing community residences and housing facilities that specifically cater to the well-being of mentally ill and elderly individuals. Their mission is centered around assisting consumers who have undergone challenging transitions from long-term or revolving-door hospital stays, aiding them in their transition to living independently in the community. Postgraduate Center West 98th Street Residence Inc offers a supportive housing program, where consumers who have demonstrated stability and necessary skills can move into apartments, paying a portion of their income towards rent with the balance being subsidized. Residents can stay in this supported housing program for as long as they wish, benefiting from a safe and nurturing environment that promotes their overall well-being.
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Impact
October, 2024
Postgraduate Center West 98th Street Residence Inc significantly enhances the quality of life for individuals facing mental health challenges and for the elderly. By offering community residences designed specifically for their needs, it facilitates a smoother transition from long-term or revolving-door hospital stays to independent living within the community.
The center operates a 20-unit apartment complex that serves adults with serious and persistent mental illnesses, providing them with a stable and supportive environment. Residents benefit from a structured setting that promotes their well-being and helps them develop the skills necessary for independent living.
In the past year, the impact of the residence has been notable, with three residents successfully transitioning to alternative levels of care. This achievement illustrates the effectiveness of the center's programs in helping individuals regain their independence and stability. The inclusion of high-needs clients from inpatient psychiatric units highlights the critical role this facility plays in addressing urgent mental health needs within the community.
Furthermore, the supported housing program allows tenants to pay a portion of their income towards rent, ensuring that they have ongoing support while living independently. This model not only fosters autonomy but also reinforces the center's commitment to long-term wellness for its residents.
In summary, Postgraduate Center West 98th Street Residence Inc plays a vital role in promoting mental health recovery, providing housing stability, and supporting individuals as they navigate the challenges of reintegration into community life.
This information is meant to be a general summary of Postgraduate Center West 98th Street Residence 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 2022.
- Investment Income: $158
- Program Service Revenue: $81,813
- Gross Receipts: $186,109
Assets and Liabilities:
- Total Assets: $1,177,973
- Total Liabilities: $2,265,546
- Net Assets: -$1,087,573
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$81,813
Organization Details
Founding Year
1992
Phone
(212) 889-5500Principal Officer
Jacob Barak Phd
Main Address
158 EAST 35TH STREET, NEW YORK, NY, 10016
Website
www.pgcmh.orgNTEE Category
Code: L21 - Housing
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