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Brookdale Village Housing Corporation

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

EIN: 237375605 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brookdale Village Housing Corporation?

Brookdale Village Housing Corporation is a nonprofit organization situated in New York City, specifically at 247 West 37th Street, 9th Floor, New York, NY 10018. Its primary mission is to provide affordable housing and social services to older adults of low income, enabling them to live independently. The organization manages a project consisting of 547 units located in Queens, NY. To further support its residents, Brookdale Village Housing Corporation employs an on-site service coordinator who promotes wellness activities and offers assistance to help them live independently in the community. As part of JASA's extensive network of services for older adults, this organization plays a significant role in ensuring their residents have access to affordable housing and social care. With a dedicated workforce of 49 individuals, Brookdale Village Housing Corporation strives to enhance the lives of older adults in need.


Official website here: www.jasa.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 93% (Four-Star out of Four Stars)

Brookdale Village Housing Corporation has received an impressive Four-Star rating from Charity Navigator, indicating strong performance in terms of accountability and finance. The rating is based entirely on a single beacon score, emphasizing the organization's commitment to transparency and effective financial management. The organization scored exceptionally high in several areas, including having a fully independent board and maintaining rigorous audit practices.

The nonprofit exhibits strong governance practices with 100% independent board members and a well-established conflict of interest policy. Its financial health is demonstrated through solid program expense ratios, with over 92% of its budget allocated to programs, ensuring that funds are effectively utilized for mission-related activities. This level of accountability and oversight reflects positively on the organization's integrity.

However, while Brookdale Village Housing Corporation has a low ratio of liabilities to assets (59.06%), which is a positive indicator of financial stability, it only received partial points in this area. This suggests that while the organization is performing well, there may still be room for improvement in managing its liabilities more effectively. Overall, the organization showcases a strong commitment to ethical practices and financial accountability.


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

Is Brookdale Village Housing Corporation legitimate?

Brookdale Village Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookdale Village Housing 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: $575,824

For more financial information, click here


Official website here: www.jasa.org

What is the mission statement of Brookdale Village Housing Corporation?

Brookdale Village Housing Corporation, as part of JASA's broader network of services for older adults, is dedicated to providing affordable housing and social services to low-income older adults who wish to live independently. The organization's mission encompasses offering affordable housing units and essential support services to help these individuals maintain their independence within the community. To further enhance the residents' quality of life, an on-site service coordinator is available to promote wellness activities and offer assistance, ensuring a supportive living environment.


Official website here: www.jasa.org

Who is the CEO of Brookdale Village Housing Corporation?

Kathryn Haslanger is the Ceo of Brookdale Village Housing Corporation. The CEO's salary of Brookdale Village Housing Corporation is $0 and their total compensation is $463,039.


Official website here: www.jasa.org

What is the revenue of Brookdale Village Housing Corporation?

Brookdale Village Housing Corporation's revenue in 2022 was $6,049,757.


Official website here: www.jasa.org

Who are the executives of Brookdale Village Housing Corporation and what are their salaries?

The average compensation at Brookdale Village Housing Corporation during 2022 was $11,752. There are 49 employees and 3 volunteers at Brookdale Village Housing Corporation.


Here are 7 key members and their salaries (Brookdale Village Housing Corporation's CEO's salary is $0 and their total compensation is $463,039):


David Hildes (Chair/ Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Imowitz (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martin Siroka (President/Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald Manning (Vp/Asst. Treasurer, Asst.)
  • Compensation: $0
  • Related: $293,108
  • Other: $30,990
Kathryn Haslanger (Ceo)
  • Compensation: $0
  • Related: $420,774
  • Other: $42,265
Matthew Locurto (Cfo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tracy Welsh (Outgoing Coo)
  • Compensation: $0
  • Related: $301,473
  • Other: $56,853


Official website here: www.jasa.org

Where can I find the form 990 for Brookdale Village Housing Corporation?

Brookdale Village Housing Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.jasa.org

Learn more at the official website: www.jasa.org

Mission Statement of Brookdale Village Housing Corporation

Brookdale Village Housing Corporation, a part of JASA's extensive network of services for older adults, is committed to providing affordable housing and social services to low-income older adults who wish to live independently. The organization's mission is to create an environment that ensures their residents have access to necessary facilities and support, enabling them to maintain their independence while fostering wellness and community engagement.

To accomplish this, Brookdale Village Housing Corporation has established 547 affordable housing units in Queens, New York. Besides the comfortable living spaces, the organization offers auxiliary facilities to cater to the needs of its residents. Additionally, an on-site service coordinator is available to promote wellness activities and provide support to the residents, ensuring they can thrive in their independent living environment. The coordinator's role extends to helping residents access various community resources, fostering a sense of community and ensuring that each resident feels well-supported.

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Impact




October, 2024

Brookdale Village Housing Corporation significantly enhances the quality of life for low-income older adults by offering affordable housing options and essential social services tailored to their needs. Located in Queens, NY, the corporation operates 547 housing units designed specifically for older adults who wish to maintain their independence.

Beyond just providing shelter, Brookdale Village fosters a supportive community environment. An on-site service coordinator facilitates wellness activities and connects residents with the necessary resources to promote their overall well-being. This holistic approach to affordable housing not only addresses the pressing need for accessible living options but also empowers residents to engage actively in their communities. By integrating housing with social services, Brookdale Village plays a crucial role in enhancing the independence and quality of life for older adults, ensuring they receive both the support and the dignity they deserve as they age.




This information is meant to be a general summary of Brookdale Village Housing 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.

Revenue
$6,049,757 (2022)
Expenses
$6,206,134 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $9,455
  • Program Service Revenue: $5,836,059
  • Gross Receipts: $6,049,757

Assets and Liabilities:

  • Total Assets: $14,715,457
  • Total Liabilities: $8,992,646
  • Net Assets: $5,722,811

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE

Revenue

$5,795,451

TENANT CHARGES & LAUND

Revenue

$40,608

Organization Details

Founding Year

1972

Principal Officer

Kathryn Haslanger

Main Address

247 WEST 37TH STREET 9TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: L22Z - Housing

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