Overview
What is Housing Works Harlem Housing Development Fund Corporation?
Housing Works Harlem Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 57 Willoughby Street 2nd Floor, 11201. Their primary mission is to provide permanent supportive housing for homeless and low-income New Yorkers living with HIV/AIDS. They operate two brownstones in Harlem, one housing 12 studio apartments for single adults and the other offering two two-bedroom and two three-bedroom apartments for families with children, where at least one parent is affected by HIV/AIDS. The organization earns revenue through government contracts and charges residents rent that is capped at 30% of their income.
Official website here: www.housingworks.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 62%, earning a Two-Star out of Four Star rating.
Housing Works Harlem Housing Development Fund Corporation has received a Two-Star rating, indicating some concerns regarding its financial accountability and transparency. While it has a strong program expense ratio at 79.14%, suggesting that a significant portion of its expenditures goes directly toward its mission, other financial metrics such as the liabilities to assets ratio of 186.40% raise red flags about its financial health.
The organization benefits from policies that are in place, including a conflict of interest policy and a whistleblower policy, both of which contribute positively to its governance structure. However, the lack of independent board members and the absence of posted tax forms on its website limit its overall accountability, as indicated by a low score in those areas.
In summary, while Housing Works Harlem demonstrates a strong commitment to its programs, it faces challenges in governance and financial health that may affect its long-term sustainability and effectiveness. Addressing these weaknesses could enhance its performance and donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Housing Works Harlem Housing Development Fund Corporation legitimate?
Housing Works Harlem Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Works Harlem Housing Development Fund 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.housingworks.org
What is the mission statement of Housing Works Harlem Housing Development Fund Corporation?
Housing Works Harlem Housing Development Fund Corporation is dedicated to providing permanent supportive housing for homeless and low-income New Yorkers living with HIV/AIDS. Their mission is achieved through revenue generated from government contracts and rental payments, capped at 30% of the residents' income. The organization operates Stand-Up Harlem House, which offers 12 studio apartments for single adults and family-sized units with two to three bedrooms for families with children, where at least one parent is living with HIV/AIDS. Their goal is to offer a stable living environment to those in need, fostering a sense of community and improving their overall quality of life.
Official website here: www.housingworks.org
Who is the CEO of Housing Works Harlem Housing Development Fund Corporation?
Charles King is the Chair of Housing Works Harlem Housing Development Fund Corporation.
Official website here: www.housingworks.org
What is the revenue of Housing Works Harlem Housing Development Fund Corporation?
Housing Works Harlem Housing Development Fund Corporation's revenue in 2022 was $35,154.
Official website here: www.housingworks.org
Who are the executives of Housing Works Harlem Housing Development Fund Corporation and what are their salaries?
There 1 volunteer at Housing Works Harlem Housing Development Fund Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $228,884
- Other: $25,086
- Compensation: $0
- Related: $416,319
- Other: $15,243
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.housingworks.org
Where can I find the form 990 for Housing Works Harlem Housing Development Fund Corporation?
Housing Works Harlem Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.housingworks.org
Learn more at the official website: www.housingworks.org
Mission Statement of Housing Works Harlem Housing Development Fund Corporation
Housing Works Harlem Housing Development Fund Corporation is a nonprofit organization dedicated to providing permanent supportive housing to homeless and low-income New Yorkers living with HIV/AIDS. This mission is carried out through government contracts and rental fees, with residents paying up to 30% of their income.
At the heart of its operations, Housing Works Harlem Housing Development Fund Corporation manages Stand-Up Harlem House, a housing facility located in two classic brownstones on 130th Street in Harlem. The first brownstone houses 12 permanent studio apartments for single adults living with HIV and AIDS, offering communal areas and a spacious backyard. Across the street, the second brownstone provides two two-bedroom apartments and two three-bedroom apartments to families with children, ensuring at least one parent is living with HIV/AIDS. This thoughtful arrangement allows for a supportive and inclusive living environment for all residents.
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Impact
August, 2024
Housing Works Harlem Housing Development Fund Corporation provides permanent supportive housing to homeless, low-income New Yorkers living with HIV/AIDS. The organization operates Stand-Up Harlem House, which consists of studio apartments for single adults as well as two and three-bedroom apartments for families with children, where at least one parent is living with HIV/AIDS. This initiative not only offers a stable living environment but also supports the health and well-being of its residents. By capping rent at 30% of their income and securing revenue from government contracts, Housing Works Harlem Housing is making a tangible impact in improving the lives of vulnerable individuals and families in New York City.
This information is meant to be a general summary of Housing Works Harlem Housing Development Fund 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 2022.
- Program Service Revenue: $35,154
- Gross Receipts: $35,154
Assets and Liabilities:
- Total Assets: $2,174,234
- Total Liabilities: $3,801,572
- Net Assets: -$1,627,338
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$35,154
Organization Details
Founding Year
2000
Phone
(347) 473-7400Principal Officer
Charles King
Main Address
57 WILLOUGHBY STREET 2ND FL, BROOKLYN, NY, 11201
Website
www.housingworks.orgNTEE Category
Code: L20 - Housing
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