Brooklyn Communities Collaborative Inc

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

EIN: 845090998 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brooklyn Communities Collaborative Inc?

Brooklyn Communities Collaborative Inc (BCC) is a 501(C)(3) nonprofit organization based in Brooklyn, New York. Its primary mission is to promote health, economic stability, and community engagement in the area. BCC serves as a convenor, facilitating collaborations between anchor institutions, health, education, and labor institutions, community-based organizations (CBOs), city and state governments, and foundations. They develop and deliver programs to address the social determinants of health, recognizing the significant impact of economic stability on health outcomes. During the COVID-19 pandemic, BCC launched a regranting program to improve accessibility for vaccination and testing, and hosted a convening to strengthen partnerships and community impact. BCC also partnered with Resilia, a tech company, to provide technical assistance and resources to its CBO partners.


Official website here: www.brooklyncommunities.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 88% (Three-Star out of Four Star rating)

Brooklyn Communities Collaborative Inc has earned a strong rating of 88% from Charity Navigator, reflecting its solid accountability and financial practices. The score highlights the organization’s commitment to transparency, as demonstrated by its adherence to key policies such as conflict of interest and whistleblower protections, both of which are fully documented.

The organization has a favorable financial profile, with a program expense ratio of 88.68%, indicating that the majority of its expenses are directed towards its programs rather than administrative costs. Additionally, it has successfully maintained a low liabilities to assets ratio of 15.12%, showcasing financial stability. However, the board's independence is somewhat limited, with only 33% independent members, which could affect governance effectiveness.

Overall, Brooklyn Communities Collaborative Inc shows a robust commitment to accountability and financial integrity. While there are areas for improvement, particularly in increasing board independence, the organization appears to be managing its resources effectively to fulfill its mission.


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

Is Brooklyn Communities Collaborative Inc legitimate?

Brooklyn Communities Collaborative Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brooklyn Communities Collaborative 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: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.brooklyncommunities.org

What is the mission statement of Brooklyn Communities Collaborative Inc?

Brooklyn Communities Collaborative Inc's mission is centered around creating a healthier, economically stable, culturally vibrant, and civically engaged community. As a convener, the organization brings together various institutions, including anchor institutions, community-based organizations, government entities, and foundations, to collaborate and address social determinants of health. Recognizing the significant impact of economic stability on health outcomes, BCC leverages the economic power of its anchor institutions to improve the local economy, particularly for vulnerable communities affected by health inequities, such as during the COVID-19 pandemic. Their strategy involves four interrelated initiatives, including a regranting program for COVID-19 outreach and a technical assistance program with Resilia.


Official website here: www.brooklyncommunities.org

Who is the CEO of Brooklyn Communities Collaborative Inc?

Shari Suchoff is the Chair of Brooklyn Communities Collaborative Inc.


Official website here: www.brooklyncommunities.org

What is the revenue of Brooklyn Communities Collaborative Inc?

Brooklyn Communities Collaborative Inc's revenue in 2022 was $2,061,150.


Official website here: www.brooklyncommunities.org

Who are the executives of Brooklyn Communities Collaborative Inc and what are their salaries?


Here are 10 key members and their salaries:


Karen Nelson (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maurice Reid (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Cohen (Secretary (E)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hon Roger Green (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Simino Boyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marilyn Fraser (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colvin W Grannum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dona Green (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Richard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shari Suchoff (Executive Di)
  • Compensation: $0
  • Related: $261,969
  • Other: $64,230


Official website here: www.brooklyncommunities.org

Where can I find the form 990 for Brooklyn Communities Collaborative Inc?

Brooklyn Communities Collaborative Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brooklyncommunities.org

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

Mission Statement of Brooklyn Communities Collaborative Inc

Brooklyn Communities Collaborative Inc, as a not-for-profit organization, aims to foster a Brooklyn where all communities thrive, both economically and culturally. The mission of this collaborative entity is to enhance the health, economic stability, and civic engagement of the local population. Recognizing the significant role of economic stability in promoting positive health outcomes, Brooklyn Communities Collaborative leverages the economic power of anchor institutions to improve the local economy, particularly for communities that are disproportionately affected by health inequities.

By adopting a four-pronged strategy, Brooklyn Communities Collaborative strives to create a more equitable and prosperous Brooklyn. This strategy encompasses conducting outreach for COVID-19 vaccinations and testing, hosting community events to advance a collective strategy for building health and wealth, and partnering with organizations to provide technical assistance and resources for community-based organizations (CBOs). Through these initiatives, the collaborative aims to strengthen partnerships and empower local communities, ultimately contributing to a thriving and engaged Brooklyn.

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Impact




July, 2024

Brooklyn Communities Collaborative Inc is making a significant impact in Brooklyn by convening various stakeholders to address the social determinants of health. By facilitating collaboration among anchor institutions, health, education, and labor institutions, community-based organizations, government entities, and foundations, BCC is working towards improving economic conditions for vulnerable individuals and communities. Through initiatives like the Strong Communities Fund, which includes COVID-19 outreach and vaccination efforts, BCC is actively contributing to building healthier and wealthier communities in Brooklyn. Additionally, their partnerships with innovative tech companies like Resilia are providing valuable resources and support to community-based organizations to enhance their leadership and operational capacity. With a mission to create a Brooklyn where all communities are healthy, economically sound, culturally vibrant, and civically engaged, BCC's work is crucial in driving positive change and promoting community improvement.




This information is meant to be a general summary of Brooklyn Communities Collaborative 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
$2,061,150 (2022)
Expenses
$920,095 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $2,061,150

Assets and Liabilities:

  • Total Assets: $2,131,851
  • Total Liabilities: $322,450
  • Net Assets: $1,809,401

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Organization Details

Founding Year

2019

Principal Officer

Shari Suchoff

Main Address

4802 TENTH AVENUE, BROOKLYN, NY, 11219

NTEE Category

Code: S20 - Community improvement

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