Care For The Homeless Inc
- Assets
- $14.7m
- Revenue
- $26.8m
- Investments
- $0.0
- Employees
- 185
- Location
- New York, NY
- Founding
- 06/1992
- Data as of
- 12/2021
- EIN
- 13-3666994
Organization Overview
Care For The Homeless Inc is located in New York, NY. The organization was established in 1992. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2021, Care For The Homeless Inc employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care For The Homeless Inc 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 12/2021, Care For The Homeless Inc generated $26.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.7% each year . All expenses for the organization totaled $26.1m during the year ending 12/2021. While expenses have increased by 13.1% per year over the past 7 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
DEVELOPING & IMPLEMENTING HEALTH & SHELTER PROGRAMS THAT SERVICE HOMELESS MEN, WOMEN, & CHILDREN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2021, CFH PROVIDED SERVICES TO MORE THAN 7,700 HOMELESS MEN, WOMEN AND CHILDREN WITH COMPREHENSIVE, HIGH QUALITY HEALTH CARE, SOCIAL SERVICES AND HEALTH COMPREHENSIVE, HIGH QUALITY HELATH CARE, SOCIAL SERVICES AND HEALTH EDUCATION. THERE WERE MORE THAN 23,000 ENCOUNTERS AT 27 SITES, INCLUDING HOMELESS FAMILY RESIDENCES, SINGLE ADULT SHLETERS, SOUP KITCHENS, AND DROP-IN CENTERS. OUR CORE SERVICES INCLUDE: PRIMARY CARE, MENTAL HEALTH, SUBSTANCE ABUSE TREATMENT, DENTAL, AND PODIATRY. IN 2018 SERVICES WERE EXPANDED TO INCLUDE VISION SCREENINGS FOR HOMELESS CHILDREN AND FAMILIES. CFH ALSO ACTIVELY ADVOCATES FOR POSITIVE CHANGE IN HEALTH CARE AND HOUSING POLICIES TO ADDRESS THE BARRIERS TO CARE AND TO ACQUIRING ADEQUATE HOUSING, WHICH ULTIMATELY REDUCES THE COST AND IMPACT OF HOMELESSNESS IN NYC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Goerge Nashak President And CEO | Officer | 35 | $299,642 |
Regina Olasin Chief Medical Officer | Officer | 35 | $243,462 |
Brian White Physician | 35 | $216,903 | |
Stephen Rodgers Nurse Practitioner | 35 | $199,184 | |
Richard Lee Physician | 35 | $196,580 | |
Kristen Lee Physician | 35 | $191,413 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fazio Construction Group Llc Construction | 12/30/21 | $421,896 |
Deeptech Nyc It Services | 12/30/21 | $326,806 |
Yuan-fang Chen Md Medical Services | 12/30/21 | $163,200 |
A&m Cleaning Service Cleaning Services | 12/30/21 | $188,425 |
Henrietta Okpala Medical Services | 12/30/21 | $185,625 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $18,113,052 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,349,098 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $21,462,150 |
| Total Program Service Revenue | $4,808,133 |
| Investment income | $46,220 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$114,493 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $26,761,908 |
| 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. | $1,095,812 |
| Compensation of current officers, directors, key employees. | $215,656 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,650,734 |
| Pension plan accruals and contributions | $161,981 |
| Other employee benefits | $1,095,799 |
| Payroll taxes | $1,157,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $117,298 |
| Fees for services: Accounting | $51,979 |
| Fees for services: Lobbying | $54,300 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $21,617 |
| Fees for services: Other | $870,534 |
| Advertising and promotion | $210,636 |
| Office expenses | $411,021 |
| Information technology | $166,940 |
| Royalties | $0 |
| Occupancy | $2,443,303 |
| Travel | $137,425 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $6,571 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $305,264 |
| Insurance | $334,288 |
| All other expenses | $335,724 |
| Total functional expenses | $26,060,664 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $461,198 |
| Savings and temporary cash investments | $237,050 |
| Pledges and grants receivable | $5,588,007 |
| Accounts receivable, net | $913,374 |
| 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 | $76,444 |
| Net Land, buildings, and equipment | $4,371,083 |
| Investments—publicly traded securities | $2,289,635 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $783,526 |
| Total assets | $14,720,317 |
| Accounts payable and accrued expenses | $3,400,608 |
| Grants payable | $0 |
| Deferred revenue | $108,787 |
| 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 | $1,600,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,229,609 |
| Total liabilities | $8,339,004 |
| Net assets without donor restrictions | $5,149,833 |
| Net assets with donor restrictions | $1,231,480 |
| 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 | $14,720,317 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Care For The Homeless Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Hyman Levine Family Foundation Ldor Vdor Beverly Hills, CA PURPOSE: CHARITY/EDUCATION | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Rising Ground Inc Brooklyn, NY | $83,365,345 | $129,310,965 |
Dalio Family Fund Inc Westport, CT | $3,471,122,443 | $134,784,215 |
Catholic Charities Neighborhood Services Inc Brooklyn, NY | $32,235,600 | $116,003,581 |
Good Shepherd Services New York, NY | $154,839,651 | $104,443,778 |
Selfhelp Community Services Inc New York, NY | $84,510,412 | $100,626,590 |
Heart Share Human Services Of New York Brooklyn, NY | $135,027,359 | $103,566,344 |
South Middlesex Opportunity Council Inc Framingham, MA | $58,219,671 | $100,623,342 |
Bronxworks Inc Bronx, NY | $54,602,777 | $94,783,683 |
Sheltering Arms Children And Family Services Inc New York, NY | $61,235,788 | $88,686,017 |
North Shore Community Services Inc Westbury, NY | $256,637,537 | $86,285,675 |
Catholic Charities Of The Diocese Of Rochester Rochester, NY | $80,143,075 | $94,807,036 |
Community Assistance Resources & Extended Services Inc New York, NY | $66,076,171 | $123,796,849 |