Overview
What is St Nicks Alliance Corporation?
St. Nicks Alliance Corporation is a Brooklyn, New York-based nonprofit organization dedicated to the comprehensive revitalization of the Williamsburg-Greenpoint sections. With a mission to improve economic and educational opportunities for low- and moderate-income residents, they address various needs such as economic, educational, health, housing, and social issues. They are a catalyst in preserving the diverse character of the community, managing and financing 1,700 housing units for low-income individuals. Through their efforts, they have supported the creation and preservation of 1,600 affordable units, prevented illegal evictions for 1,000 people, and employed a staff of 881 individuals.
Official website here: www.stnicksalliance.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
St Nicks Alliance Corporation has received an impressive Four-Star rating from Charity Navigator, indicating a strong performance in accountability and finance. The organization boasts a perfect score in various areas, including having a fully independent board and maintaining thorough financial oversight, demonstrating a commitment to transparency and responsible management of resources.
The nonprofit's financial health is also commendable, with a program expense ratio of 86.47%, which suggests that a significant portion of its funding is directed towards its programs rather than administrative costs. Additionally, there are no reported material diversions of assets, further underscoring its integrity and effective governance practices.
While the data reflects strong organizational practices, ongoing evaluation and feedback from stakeholders will be essential to ensure continued effectiveness and responsiveness to community needs. Overall, St Nicks Alliance Corporation appears to be a well-managed organization dedicated to its mission, with sound financial practices and a commitment to accountability.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about St Nicks Alliance Corporation?
100% of 14 reviewers on Facebook recommend St Nicks Alliance Corporation. Here is a summary of their reviews:
Many users express a strong appreciation for the organization's commitment to the community, highlighting the genuine care and support provided to individuals in need. The atmosphere is described as welcoming, with a focus on making a positive impact in people's lives.
Reviewers are enthusiastic about the services offered, emphasizing the nonprofit's role in fostering a sense of community and connection. Overall, there is a clear sentiment that St Nicks Alliance Corporation successfully delivers on its mission, making it a valued resource for those it serves.
This AI summary has been generated from reviews found on Facebook.
Is St Nicks Alliance Corporation legitimate?
St Nicks Alliance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Nicks Alliance 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: $961,083
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,025,430
For more financial information, click here
Official website here: www.stnicksalliance.org
What is the mission statement of St Nicks Alliance Corporation?
St. Nicks Alliance Corporation is a community development organization dedicated to enhancing economic and educational opportunities for low- and moderate-income residents. Their mission is to address various needs, including economic, educational, health, housing, and social issues, while preserving the diversity of the entire community. Through housing development, management, and support, they finance, manage, and sustain over 1,700 units for low-income individuals. St. Nicks Alliance Corporation has prevented illegal evictions for 1,000 people and has new-built or preserved affordable housing units for an additional 1,600 residents.
Official website here: www.stnicksalliance.org
Who is the CEO of St Nicks Alliance Corporation?
Michael Rochford is the Executive Director of St Nicks Alliance Corporation.
Official website here: www.stnicksalliance.org
What is the revenue of St Nicks Alliance Corporation?
St Nicks Alliance Corporation's revenue in 2022 was $42,381,816.
Official website here: www.stnicksalliance.org
Who are the executives of St Nicks Alliance Corporation and what are their salaries?
The average compensation at St Nicks Alliance Corporation during 2022 was $23,821. There are 881 employees and 19 volunteers at St Nicks Alliance Corporation.
Here are 26 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $226,404
- Related: $31,393
- Other: $32,414
- Compensation: $177,075
- Related: $0
- Other: $43,782
- Compensation: $327,267
- Related: $75,266
- Other: $47,482
- Compensation: $219,040
- Related: $0
- Other: $21,117
- Compensation: $178,651
- Related: $21,000
- Other: $56,731
- Compensation: $239,713
- Related: $0
- Other: $60,952
- Compensation: $189,573
- Related: $0
- Other: $27,629
Official website here: www.stnicksalliance.org
Where can I find the form 990 for St Nicks Alliance Corporation?
St Nicks Alliance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.stnicksalliance.org
Learn more at the official website: www.stnicksalliance.org
Mission Statement of St Nicks Alliance Corporation
St. Nicks Alliance Corporation is a nonsectarian community development organization dedicated to comprehensive neighborhood revitalization in Brooklyn, New York. Its mission is to serve as a catalyst, improving economic and educational opportunities for low- and moderate-income residents by addressing their economic, educational, health, housing, and social needs while preserving the vibrant and diverse character of the entire community.
St. Nicks Alliance Corporation plays a pivotal role in managing and sustaining over 1,700 housing units for low-income individuals. Through finance, management, and support, this nonprofit organization has not only created new and preserved affordable housing for 1,600 residents but also prevented illegal evictions for another 1,000 people. The organization's efforts extend beyond housing, as it strives to tackle the diverse needs of the community.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
St Nicks Alliance Corporation significantly impacts the Williamsburg-Greenpoint neighborhoods in Brooklyn, NY, through its comprehensive approach to community development. By focusing on housing, the organization manages and supports 1,700 units specifically designed for low-income residents. In their ongoing efforts to preserve affordable living opportunities, they have successfully supported and safeguarded the availability of 1,600 affordable units while also preventing the illegal eviction of 1,000 individuals, ensuring stability for vulnerable families.
Beyond housing, St Nicks Alliance acts as a catalyst for enhancing economic and educational opportunities for low- and moderate-income residents. They address crucial areas such as economic development, education, health, and social needs, all while maintaining the vibrant and diverse character of the community. Through these initiatives, St Nicks Alliance Corporation fosters an environment in which residents can thrive, contributing to the overall revitalization and improvement of the neighborhood.
This information is meant to be a general summary of St Nicks Alliance 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.
- Investment Income: $57,424
- Program Service Revenue: $9,138,297
- Gross Receipts: $42,419,208
Assets and Liabilities:
- Total Assets: $45,537,512
- Total Liabilities: $22,530,821
- Net Assets: $23,006,691
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT REVENUE
Revenue
$4,587,803
MANAGEMENT FEES
Revenue
$1,491,733
ASSISTED LIVING PROGRAM FEES
Revenue
$1,192,308
DEVELOPMENT FEES
Revenue
$899,940
SOCIAL SERVICE FEES
Revenue
$713,523
Organization Details
Founding Year
1975
Phone
(718) 388-5454Principal Officer
Michael Rochford
Main Address
2 KINGSLAND AVENUE 15 FL, BROOKLYN, NY, 11211
Website
www.stnicksalliance.orgNTEE Category
Code: S200 - Community improvement
If you are a representative of St Nicks Alliance Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.