Fifth Avenue Committee Incorporated

Organization Overview

Fifth Avenue Committee Incorporated is located in Brooklyn, NY. The organization was established in 1979. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Fifth Avenue Committee Incorporated employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fifth Avenue Committee Incorporated is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2021, Fifth Avenue Committee Incorporated generated $7.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $7.1m during the year ending 06/2021. While expenses have increased by 6.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2017, Fifth Avenue Committee Incorporated has awarded 24 individual grants totaling $1,276,015. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

FIFTH AVENUE COMMITTEE IS A COMMUNITY ORGANIZATION IN SOUTH BROOKLYN THAT ADVANCES ECONOMIC AND SOCIAL JUSTICE WHERE RESIDENTS HAVE GENUINE OPPORTUNITIES TO ACHIEVE THEIR GOALS, AS WELL AS THE POWER TO SHAPE THE COMMUNITY'S FUTURE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

AFFORDABLE HOUSING AND COMMUNITY FACILITIES DEVELOPMENT: FAC MANAGES 454 UNITS OF AFFORDABLE HOUSING AND 29 RETAIL AND COMMUNITY FACILITY SPACES AND IS IN THE PROCESS OF DEVELOPING AND PRESERVING OVER 1,900 MORE, REPRESENTING $850 MILLION IN DIRECT INVESTMENT IN AFFORDABLE HOUSING THROUGHOUT SOUTH AND CENTRAL BROOKLYN AND JAMAICA, QUEENS, AS WELL AS MULTIPLE COMMUNITY FACILITY SPACES INCLUDING A PUBLIC LIBRARY, 5 PRE-K CLASSROOMS AND A PUBLIC PARK.


ADULT EDUCATION:OFFERING A RANGE OF CLASSES, INCLUDING ENGLISH FOR SPEAKERS OF OTHER LANGUAGES ("ESOL"), ADULT BASIC EDUCATION ("ABE"), HIGH SCHOOL EQUIVALENCY ("HSE"), FAMILY LITERACY SUPPORTS AND BRIDGE PROGRAMMING AT LOCAL PUBLIC SCHOOLS AND CHURCHES, THE DEPARTMENT REACHED 413 STUDENTS IN FY21 (DESPITE THE CHALLENGES PRESENTED BY COVID). IN FY 2021, THIS DEPARTMENT OFFERED ENHANCED DIGITAL LITERACY OPPORTUNITIES FOR ITS STUDENTS AND CREATED A DIGITAL DEVICE LENDING LIBRARY TO CONNECT THEM WITH THE TOOLS THEY NEEDED TO ADVANCE THEIR LEARNING AND COMMUNICATE DURING THE COVID CRISIS. PER THE NYS DEPARTMENT OF EDUCATION, THE PROGRAM PERFORMS IN THE TOP QUARTILE OF ADULT EDUCATION PROGRAMS STATE-WIDE. THE NEW AMERICAN BRIDGE PROGRAM SERVED 113 FOREIGN BORN STUDENTS WITH BARRIERS TO EMPLOYMENT IN FY21. THE PROGRAM CONNECTS STUDENTS WITH LIMITED ENGLISH PROFICIENCY TO FAC AFFILIATE, BROOKLYN WORKFORCE INNOVATIONS' ("BWI") RED HOOK ON THE ROAD CDL PROGRAM AND BROOKLYN NETWORKS TELE-DATA CABLE INSTALLATION PROGRAM.


ORGANIZING AND ADVOCACY: FAC'S ORGANIZING AND ADVOCACY PROGRAMS EMPOWER LOW-INCOME RESIDENTS THROUGH SOCIAL, ENVIRONMENTAL JUSTICE AND TENANT RIGHTS CAMPAIGNS. OUR ORGANIZERS HELP PREVENT EVICTIONS AND IMPROVE HOUSING CONDITIONS FOR VULNERABLE RESIDENTS. INITIATIVES AND CAMPAIGNS REACH HUNDREDS OF IMMIGRANTS, RENT STABILIZED AND PUBLIC HOUSING RESIDENTS EACH YEAR. IN FY21, FAC CONTINUED ITS LEADERSHIP AND ENGAGEMENT IN A RANGE OF LOCAL ORGANIZING AND ADVOCACY CAMPAIGNS SUCH AS STABILIZING NYC AND THE GOWANUS NEIGHBORHOOD COALITION FOR JUSTICE ("GNCJ"). GNCJ IS A BROAD-BASED COALITION ADVOCATING FOR EQUITABLE DEVELOPMENT AND REZONING OUTCOMES IN GOWANUS.


COMMUNITY SERVICES:COMMUNITY SERVICES AT FAC PROVIDES A RANGE OF FREE SERVICES TO OVER 1,000 NEW YORKERS EACH YEAR. SERVICES INCLUDE BENEFITS ACCESS (I.E., SNAP, UNEMPLOYMENT INSURANCE, MEDICARE/AID, AND RENTAL ASSISTANCE), TAX PREPARATION, FINANCIAL AND LEGAL COUNSELING AS WELL AS (IN FY 2021) COVID-19 RELIEF AND SUPPORTS. IN RESPONSE TO THE COVID CRISIS, FAC PROVIDED EMERGENCY CASH AND FOOD ASSISTANCE, DIGITAL DEVICES AND HOTSPOTS, PPE, VACCINE, AND TESTING EDUCATION AND ACCESS TO THOUSANDS OF HOUSEHOLDS, MORE THAN DOUBLING THE ORGANIZATION'S TYPICAL REACH. FAC'S COMMUNITY SERVICES IS A ROBIN HOOD BENEFITS ASSISTANCE SITE (FORMERLY SINGLE STOP) AND A FINANCIAL OPPORTUNITY CENTER (FOC) SITEPROVEN MODELS THAT HELP LOW-INCOME INDIVIDUALS GAIN FINANCIAL SECURITY AND BUILD ASSETS. WORKFORCE DEVELOPMENT:THROUGH ITS AFFILIATE BWI, FAC ASSISTS HUNDREDS OF JOBLESS AND WORKING POOR NEW YORKERS EACH YEAR BY OFFERING SECTOR-BASED JOB TRAINING AND DIRECT PLACEMENT SERVICES. THESE PROGRAMS PROVIDE ACCESS TO LIVING-WAGE EMPLOYMENT, ESTABLISHED CAREERS, AND CONTINUING JOB SUPPORT. SUSTAINABLE DEVELOPMENT:IN 2021, FAC CONTINUED TO ADVANCE ITS FAC SOLAR PROJECT TO INSTALL NEARLY 225,000 KW OF SOLAR POWER ON FAC OWNED AND MANAGED AFFORDABLE HOUSING AND COMMUNITY FACILITY BUILDINGS. THE PROJECT IS HELPING TO REDUCE GREENHOUSE GAS EMISSIONS, MAINTENANCE EXPENSES, CONTRIBUTE TO PERMANENT AFFORDABILITY AND REDUCE UTILITY EXPENSES FOR LOW AND MODERATE-INCOME TENANTS LIVING IN FAC PROPERTIES. FAC ALSO INITIATED A PILOT PROGRAM, BARRIO SOLAR, AIMED AT CONNECTING LOW- AND MODERATE-INCOME HOMEOWNERS WITH SOLAR IN COLLABORATION WITH ITS AFFILIATE NHN IN FY 2021.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gowanus Grid & Electric Llc
Fac Solar Project Man
$113,496
Peoples Computer Services Inc
Information Technology
$210,587
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$252,000
Related organizations$0
Government grants $2,397,266
All other contributions, gifts, grants, and similar amounts not included above$2,220,367
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,869,633
Total Program Service Revenue$2,712,888
Investment income $13,039
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $367,661
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$57,430
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $7,933,714

Grants Awarded

Over the last fiscal year, Fifth Avenue Committee Incorporated has awarded $201,010 in support to 4 organizations.

Grant RecipientAmount

FAC RENAISSANCE HDFC

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: NEIGHBORWORKS AMERICA CAPITAL GRANT

$132,000

NEIGHBORS HELPING NEIGHBORS

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: NEIGHBORWORKS AMERICA, CAPITAL ONE, ENTERPRISE

$36,010

Brooklyn, NY

PURPOSE: GENERAL OPERATING SUPPORT

$20,000

FAC CENTER LOCAL DEVELOPMENT CORPORATION

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: NEIGHBORWORKS AMERICA CAPITAL GRANT

$13,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 11 grants that Fifth Avenue Committee Incorporated has recieved totaling $1,911,238.

Awarding OrganizationAmount
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$847,000
Citi Foundation

New York, NY

PURPOSE: COMMUNITY PROGRESS MAKERS

$250,000
Enterprise Community Partners Inc

Columbia, MD

PURPOSE: CAPACITY BUILDING

$250,000
Citi Foundation

New York, NY

PURPOSE: COMMUNITY PROGRESS MAKERS

$250,000
Robin Hood Foundation

New York, NY

PURPOSE: POVERTY RELIEF

$120,000
Local Initiatives Support Corporation

New York, NY

PURPOSE: SEE PART IV

$101,667
View Grant Recipient Profile

Create an account to unlock the data you need.

or