Overview
What is Supportive Housing Network Of New York Inc?
Supportive Housing Network of New York Inc. is a nonprofit organization located in New York City, specifically at 247 West 37th Street 18th Floor. Established in 1988, its mission is to enhance public understanding of supportive housing, promote best practices, and encourage the creation of sufficient supportive housing to eradicate homelessness among the most vulnerable New Yorkers. The organization achieved significant accomplishments in 2022, including protecting its member agencies, staff, and tenants during the final year of the COVID-19 pandemic. It disseminated vital information about the pandemic, procured and distributed personal protective equipment, and advocated for crucial investments in supportive housing. The Network's advocacy efforts led to funding for the state's Empire State Supportive Housing Initiative for the next five years and the preservation of additional 3,000 units of existing supportive housing. Additionally, it held a successful annual awards gala and celebrated the resilience of its community. The Network employs 12 individuals to achieve its mission through advocacy, training, technical assistance, public education, research, and policy analysis.
Official website here: www.shnny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%
The Supportive Housing Network of New York Inc has received an impressive Four-Star out of Four Star rating from Charity Navigator, reflecting its high level of accountability and financial health. This rating signifies that the organization meets rigorous standards in financial management and transparency, which is critical for donor trust and confidence.
The organization demonstrates exceptional governance, with an independent board consisting of 10 members and no material issues related to asset diversion. Its financial performance is strong, evidenced by a low liabilities to assets ratio and a high program expense ratio. These metrics indicate that a significant portion of its resources is directed towards fulfilling its mission rather than administrative costs.
However, while the organization shows robust financial health and governance practices, potential donors may want to explore its specific programs and impact further. Overall, the Supportive Housing Network of New York Inc stands out as a well-managed nonprofit dedicated to its cause.
This AI summary has been generated from information found on Charity Navigator.
Is Supportive Housing Network Of New York Inc legitimate?
Supportive Housing Network Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Supportive Housing Network Of New York 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: $439,148
Professional Fundraising Fees: $0
Other Salaries and Wages: $737,282
For more financial information, click here
Official website here: www.shnny.org
What is the mission statement of Supportive Housing Network Of New York Inc?
The Supportive Housing Network of New York Inc., established in 1988, focuses on increasing public understanding of supportive housing. The organization continually shares best practices to improve the effectiveness of supportive housing. One of its primary objectives is to encourage the creation of sufficient supportive housing to eradicate homelessness among the most vulnerable individuals. To achieve these goals, the Network engages in advocacy, training, technical assistance, public education, research, and policy analysis. Its activities aim to foster a supportive environment for those in need.
Official website here: www.shnny.org
Who is the CEO of Supportive Housing Network Of New York Inc?
Pascale Leone is the Chair of Supportive Housing Network Of New York Inc.
Official website here: www.shnny.org
What is the revenue of Supportive Housing Network Of New York Inc?
Supportive Housing Network Of New York Inc's revenue in 2022 was $2,119,125.
Official website here: www.shnny.org
Who are the executives of Supportive Housing Network Of New York Inc and what are their salaries?
The average compensation at Supportive Housing Network Of New York Inc during 2022 was $98,036. There are 12 employees and 25 volunteers at Supportive Housing Network Of New York Inc.
Here are 34 key members and their salaries:
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Official website here: www.shnny.org
Where can I find the form 990 for Supportive Housing Network Of New York Inc?
Supportive Housing Network Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.shnny.org
Learn more at the official website: www.shnny.org
Mission Statement of Supportive Housing Network Of New York Inc
Supportive Housing Network of New York, established in 1988, has a mission to enhance public understanding of supportive housing. The organization actively shares best practices to continually improve the effectiveness of supportive housing. Beyond just education and information sharing, the network also works towards encouraging the creation of sufficient supportive housing to eradicate homelessness among New York's most vulnerable individuals. They achieve these goals through advocacy, training, technical assistance, public education, research, and policy analysis.
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Impact
October, 2024
Supportive Housing Network of New York Inc. plays a crucial role in addressing homelessness among the most vulnerable populations in New York City. By increasing public understanding of supportive housing and advocating for necessary resources, the organization has made significant strides in enhancing the effectiveness and availability of supportive housing.
In 2022, the Network focused on protecting member agencies, staff, and tenants as New York transitioned back to normalcy after the COVID-19 pandemic. They provided essential information and resources, such as personal protective equipment, to ensure safety within supportive housing communities. The successful execution of their annual conference, attended by around 1,400 individuals, fostered a culture of shared resilience without contributing to the spread of the virus.
Advocacy efforts resulted in critical state investments, including a five-year extension of the Empire State Supportive Housing Initiative and funding for the preservation of 3,000 units of existing supportive housing. For the first time in a decade, there were also significant increases in state-funded supportive housing contracts, reinforcing the Network's effectiveness in influencing policy and securing vital resources.
Through a combination of advocacy, training, technical assistance, and public education, the Supportive Housing Network of New York Inc. continues to foster a supportive ecosystem that not only improves housing options but also transforms lives, working towards the ultimate goal of ending homelessness in New York.
This information is meant to be a general summary of Supportive Housing Network Of New York 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: -$6,652
- Gross Receipts: $3,242,060
Assets and Liabilities:
- Total Assets: $5,789,875
- Total Liabilities: $1,032,654
- Net Assets: $4,757,221
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Organization Details
Founding Year
1993
Phone
(646) 619-9640Principal Officer
Pascale Leone
Main Address
247 WEST 37TH STREET 18TH FLOOR, NEW YORK, NY, 10018
Website
www.shnny.orgNTEE Category
Code: L23Z - Housing
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