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Grand Street Northwest Inc C/O Comerford & Dougherty Llp

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

EIN: 475484832 ✦ Garden city, NY ✦ Designated as a 501(c)(3)

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Overview

What is Grand Street Northwest Inc C/O Comerford & Dougherty Llp?

Grand Street Northwest Inc CO Comerford & Dougherty Llp is a nonprofit corporation situated at 1122 Franklin Avenue, Suite 406, in Garden City, New York (ZIP code 11530). Their primary mission revolves around constructing, developing, and operating apartment complexes for individuals with low and moderate income, the elderly, and handicapped persons. Additionally, they fund social services programs for these facilities. In summary, they strive to provide housing, related facilities, and social services to the broadest range of low and moderate income persons, elderly individuals, and handicapped persons, regardless of race, creed, sex, or national origin, on a nonprofit basis.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Stars)

Grand Street Northwest Inc has received a Three-Star rating from Charity Navigator, reflecting a strong performance in accountability and finance. The rating indicates that the organization is managing its resources effectively, with an impressive program expense ratio of 89.33%, which shows that a significant portion of its funds is directed towards its programs rather than administrative costs.

The organization scores particularly well in governance-related areas, with 100% of its board members being independent and a solid structure in place for conflict of interest and whistleblower policies. This strong governance framework contributes to the overall transparency and integrity of the organization, indicating that it operates with a high level of accountability.

While the organization demonstrates robust financial practices, continuously maintaining and improving its score will be crucial for future operations and potential funding opportunities. Overall, the rating reflects a commitment to financial responsibility and governance, although stakeholders may look for further insights into program impact to gain a fuller picture of the charity's effectiveness.


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

Is Grand Street Northwest Inc C/O Comerford & Dougherty Llp legitimate?

Grand Street Northwest Inc C/O Comerford & Dougherty Llp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Street Northwest Inc C/O Comerford & Dougherty Llp 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

What is the mission statement of Grand Street Northwest Inc C/O Comerford & Dougherty Llp?

Grand Street Northwest Inc CO Comerford & Dougherty Llp is dedicated to providing housing, facilities, and social services to a diverse range of individuals. Their mission is to serve low and moderate income persons, elderly people, and handicapped individuals, regardless of race, creed, sex, or national origin. The corporation intends to construct, develop, and manage apartment complexes for these groups and fund social services programs for their facilities. Their goal is to help the broadest range of individuals in need on a nonprofit basis.

Who is the CEO of Grand Street Northwest Inc C/O Comerford & Dougherty Llp?

Kevin Cronin is the Director / President of Grand Street Northwest Inc C/O Comerford & Dougherty Llp.

What is the revenue of Grand Street Northwest Inc C/O Comerford & Dougherty Llp?

Grand Street Northwest Inc C/O Comerford & Dougherty Llp's revenue in 2022 was $18,528,257.

Who are the executives of Grand Street Northwest Inc C/O Comerford & Dougherty Llp and what are their salaries?


Here are 6 key members and their salaries:


Kevin Cronin (Director / President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Msgr Kevin Nelan (Director / Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Greyson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
George Horton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Carmona (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Edward Byrne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Grand Street Northwest Inc C/O Comerford & Dougherty Llp?

Grand Street Northwest Inc C/O Comerford & Dougherty Llp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Grand Street Northwest Inc C/O Comerford & Dougherty Llp

Grand Street Northwest Inc CO Comerford & Dougherty Llp is a dedicated nonprofit organization that strives to provide housing, related facilities, and social services programs to a broad range of low and moderate-income individuals, elderly persons, and handicapped persons. The organization operates on a nonprofit basis, welcoming individuals of all races, creeds, sex, or national origins.

In pursuit of its mission, Grand Street Northwest Inc CO Comerford & Dougherty Llp intends to construct, develop, and manage apartment complexes tailored for low and moderate-income individuals, elderly persons, and handicapped persons. Moreover, the organization plans to fund social services programs for these facilities to ensure the well-being and support of its residents. By combining affordable housing with comprehensive social services, the nonprofit aims to empower its community members and enhance their overall quality of life.

Grand Street Northwest Inc CO Comerford & Dougherty Llp's commitment to social justice and inclusion is reflected in its mission to provide housing and related facilities and social services programs to those in need, regardless of their background or circumstances. By focusing on the housing and social needs of low and moderate-income persons, elderly persons, and handicapped persons, the nonprofit makes a significant impact on the lives of its beneficiaries, enabling them to live with dignity and independence. Through its unwavering dedication to this cause, Grand Street Northwest Inc CO Comerford & Dougherty Llp continues to be a beacon of hope and support for its community.

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Impact




October, 2024

Grand Street Northwest Inc C/O Comerford & Dougherty LLP actively addresses the pressing need for affordable housing and support services for vulnerable populations. By constructing and developing apartment complexes tailored for low to moderate-income individuals, elderly citizens, and those with disabilities, it plays a crucial role in enhancing community welfare.

The organization's commitment extends beyond mere housing; it encompasses the provision of essential social services designed to uplift its residents. These services address various needs, fostering an inclusive environment where individuals can thrive regardless of their background. Operating in Garden City, NY, Grand Street Northwest Inc aims to create a supportive community framework that empowers residents and promotes stability, ensuring that basic living needs are met.

In its mission to serve without discrimination, Grand Street Northwest Northwest Inc stands as a beacon of hope for many in need, contributing positively to the social fabric and economic health of the area.




This information is meant to be a general summary of Grand Street Northwest Inc C/O Comerford & Dougherty Llp. 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
$18,528,257 (2022)
Expenses
$9,375,989 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,763,240
  • Program Service Revenue: $5,740,000
  • Gross Receipts: $33,766,645

Assets and Liabilities:

  • Total Assets: $116,006,191
  • Total Liabilities: $17,706,008
  • Net Assets: $98,300,183

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Programs

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

DEVELOPMENT FEE INCOME

Revenue

$5,740,000

Organization Details

Founding Year

2015

Principal Officer

Kevin Cronin

Main Address

1122 FRANKLIN AVENUE STE 406, GARDEN CITY, NY, 11530

NTEE Category

Code: L25 - Housing

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