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Neighborhood Housing Services Of Brooklyn Cdc Inc

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

EIN: 471169779 ✦ Brookyln, NY ✦ Designated as a 501(c)(3)

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Overview

What is Neighborhood Housing Services Of Brooklyn Cdc Inc?

Neighborhood Housing Services of Brooklyn CDC Inc is a nonprofit organization dedicated to establishing, developing, and preserving affordable, safe, and decent housing and communities. Their mission is centered around creating, developing, and maintaining programs to ensure access to such living environments. This organization strives to contribute positively to the community by providing affordable and secure housing options.


Official website here: www.nhsbrooklyn.org/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 83% (Three-Star out of Four Stars)

Neighborhood Housing Services of Brooklyn CDC Inc. has received a commendable Three-Star rating from Charity Navigator, reflecting its solid performance in accountability and finance. The organization showcases a robust level of transparency, with 100% of its board members being independent and a high program expense ratio of nearly 83%, indicating that a significant portion of its funds is directed towards its primary mission.

The nonprofit excels in several key governance areas, including strict adherence to conflict of interest and whistleblower policies, as well as effective document retention practices. Additionally, it has a very low liabilities to assets ratio, which suggests a stable financial position, enhancing its capacity to serve the community.

Despite its strengths, the rating implies that there may be areas for further improvement that could enhance its effectiveness or outreach. However, the high scores in culture, community, and equity strategies demonstrate a strong organizational commitment to its mission and the communities it serves.


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

Is Neighborhood Housing Services Of Brooklyn Cdc Inc legitimate?

Neighborhood Housing Services Of Brooklyn Cdc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Neighborhood Housing Services Of Brooklyn Cdc 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: $15,550
Other Salaries and Wages: $896,466

For more financial information, click here


Official website here: www.nhsbrooklyn.org/

What is the mission statement of Neighborhood Housing Services Of Brooklyn Cdc Inc?

Neighborhood Housing Services of Brooklyn CDC Inc. is committed to designing, implementing, and preserving initiatives aimed at providing affordable and secure housing and communities. Their mission is focused on creating, developing, and maintaining programs that ensure affordable and safe living spaces for various individuals and communities. This organization strives to contribute to the betterment of living conditions by establishing and sustaining such programs.


Official website here: www.nhsbrooklyn.org/

Who is the CEO of Neighborhood Housing Services Of Brooklyn Cdc Inc?

Serghio Adams is the Executive Di of Neighborhood Housing Services Of Brooklyn Cdc Inc.


Official website here: www.nhsbrooklyn.org/

What is the revenue of Neighborhood Housing Services Of Brooklyn Cdc Inc?

Neighborhood Housing Services Of Brooklyn Cdc Inc's revenue in 2022 was $2,733,752.


Official website here: www.nhsbrooklyn.org/

Who are the executives of Neighborhood Housing Services Of Brooklyn Cdc Inc and what are their salaries?

The average compensation at Neighborhood Housing Services Of Brooklyn Cdc Inc during 2022 was $52,733. There are 17 employees at Neighborhood Housing Services Of Brooklyn Cdc Inc.


Here are 13 key members and their salaries:


Tonya Ores (Executive Di)
  • Compensation: $144,180
  • Related: $0
  • Other: $0
Serghio Adams (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lois Locke (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Hodge (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juny Francious (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Raul Van Rossum (Vice Preside)
  • Compensation: $0
  • Related: $0
  • Other: $0
R Gary Campbell (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Faison (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yury Polonsky (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lalit Tyagi (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lyndrew Nesmith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Reneau (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Strong (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.nhsbrooklyn.org/

Where can I find the form 990 for Neighborhood Housing Services Of Brooklyn Cdc Inc?

Neighborhood Housing Services Of Brooklyn Cdc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.nhsbrooklyn.org/

Learn more at the official website: www.nhsbrooklyn.org/

Mission Statement of Neighborhood Housing Services Of Brooklyn Cdc Inc

Neighborhood Housing Services of Brooklyn CDC Inc is dedicated to fulfilling a mission that involves the creation, development, and maintenance of programs aimed at providing affordable and safe housing and communities. This nonprofit organization strives to achieve this objective by establishing and managing initiatives that cater to the need for decent and secure living spaces. By having a mission to create, develop, and maintain these types of programs, Neighborhood Housing Services of Brooklyn CDC Inc aims to contribute positively to the overall well-being and quality of life for communities and their residents.

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Impact




July, 2024

Neighborhood Housing Services Of Brooklyn Cdc Inc's impact is centered around creating, developing, and maintaining programs that provide affordable and safe housing and communities in Brooklyn, NY. Their mission is to ensure that individuals and families have access to decent housing options within their community. Through their initiatives, they aim to address housing affordability challenges and contribute to the overall well-being of the neighborhoods they serve.




This information is meant to be a general summary of Neighborhood Housing Services Of Brooklyn Cdc 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.

Revenue
$2,733,752 (2022)
Expenses
$1,713,175 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $46
  • Program Service Revenue: $59,545
  • Gross Receipts: $2,894,773

Assets and Liabilities:

  • Total Assets: $2,059,374
  • Total Liabilities: $360,083
  • Net Assets: $1,699,291

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Programs

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

PROGRAM SERVICE FEES

Revenue

$59,545

Organization Details

Founding Year

2014

Principal Officer

Serghio Adams

Main Address

2806 CHURCH AVENUE, BROOKYLN, NY, 112264198

NTEE Category

Code: L81 - Housing

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