Grand Central Neighborhood Social Services Corporation
- Assets
- $509.4k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 56
- Location
- New York, NY
- Founding
- 04/1991
- Data as of
- 06/2021
- EIN
- 13-3534255
Organization Overview
Grand Central Neighborhood Social Services Corporation is located in New York, NY. The organization was established in 1991. According to its NTEE Classification (P85) the organization is classified as: Homeless Centers, under the broad grouping of Human Services and related organizations. As of 06/2021, Grand Central Neighborhood Social Services Corporation employed 56 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grand Central Neighborhood Social Services Corporation 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, Grand Central Neighborhood Social Services Corporation generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $3.2m during the year ending 06/2021. While expenses have increased by 0.3% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SERVICES TO HOMELESS PERSONS IN MIDTOWN MANHATTAN, NEW YORK CITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MAINCHANCE MULTI-SERVICE CENTER AND SERVICES - THE ORGANIZATION, THROUGH ITS MAINCHANCE MULTI-SERVICE CENTER, OFFERS BASIS NECESSITIES TO ITS CLIENTS SUCH AS FOOD, CLOTHING, SHOWERS, AND BEDS, FOR EVENING RESPITE THROUGH A COLLABORATION WITH FAITH-BASED ORGANIZATIONS. THEY ALSO PROVIDE A WIDE RANGE OF SOCIAL SERVICES INCLUDING CASE MANAGEMENT, GROUP WORKSHOPS, MEDICAL AND PSYCHOLOGICAL SERVICES, TREATMENT REFERRALS, AND HOUSING ASSISTANCE. THE ORGANIZATION AIMS TO HELP ITS CLIENTS SECURE STABLE HOUSING BY WORKING CLOSELY WITH THEM TO DEVELOP AND IMPROVE THE SKILLS NECESSARY TO OBTAIN AND MAINTAIN HOUSING STABILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brady Crain Executive Director | Officer | 45 | $151,408 |
Jacqueline Connor Deputy Executive Director | Officer | 45 | $100,420 |
Alfred Cerulloiii President | OfficerTrustee | 0.5 | $0 |
Crystal Jordan Vice Chair | OfficerTrustee | 0.5 | $0 |
William Kornblum Chairman | OfficerTrustee | 0.5 | $0 |
Didi Goldenhar Director | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fox Linen Services Inc Laundry | 6/29/19 | $138,884 |
Vallo Transportation Ltd Bus Transportation | 6/29/19 | $239,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,185,177 |
| All other contributions, gifts, grants, and similar amounts not included above | $35,550 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,220,727 |
| Total Program Service Revenue | $14,400 |
| Investment income | $366 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,235,493 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $271,239 |
| Compensation of current officers, directors, key employees. | $40,269 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $875,790 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $135,352 |
| Payroll taxes | $105,330 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $214,450 |
| Advertising and promotion | $0 |
| Office expenses | $22,041 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,128,788 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,310 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,438 |
| Insurance | $48,452 |
| All other expenses | $43,543 |
| Total functional expenses | $3,186,682 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $143,430 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $314,358 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,847 |
| Net Land, buildings, and equipment | $46,748 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $509,383 |
| Accounts payable and accrued expenses | $276,313 |
| Grants payable | $16,481 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $25,624 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $318,418 |
| Net assets without donor restrictions | $190,965 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $509,383 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Grand Central Neighborhood Social Services Corporation has recieved totaling $1,011.
| Awarding Organization | Amount |
|---|---|
Malkin Fund Inc New York, NY PURPOSE: CONTRIBUTION TO FURTHER DONEE'S EXEMPT PURPOSE | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $11 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Massachusetts Housing And Shelter Alliance Inc Boston, MA | $14,798,705 | $19,380,328 |
Saint Francis House Inc Boston, MA | $32,573,863 | $23,473,154 |
Crossroads Programs Inc Willingboro, NJ | $6,172,720 | $11,361,882 |
Washington City Mission Inc Washington, PA | $16,120,298 | $9,648,991 |
Emmaus Inc Haverhill, MA | $9,664,001 | $8,628,211 |
Housing Families Inc Malden, MA | $3,872,051 | $8,658,783 |
Broadway Housing Communities Inc New York, NY | $14,007,162 | $9,859,889 |
Connecticut Coalition To End Homelessness Inc Hartford, CT | $5,519,613 | $6,168,107 |
Back On My Feet Philadelphia, PA | $5,878,607 | $7,836,795 |
Polish Community Center Of Buffalo Inc Buffalo, NY | $10,138,351 | $5,590,948 |
City Relief Inc Elizabeth, NJ | $1,018,296 | $4,807,003 |
Somerville Homeless Coalition Incorporated Somerville, MA | $2,665,813 | $5,904,274 |