New Destiny Housing Corporation

Organization Overview

New Destiny Housing Corporation is located in New York, NY. The organization was established in 1995. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 06/2021, New Destiny Housing Corporation employed 40 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Destiny Housing 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, New Destiny Housing Corporation generated $7.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 26.9% each year . All expenses for the organization totaled $4.0m during the year ending 06/2021. While expenses have increased by 14.8% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

NEW DESTINY PROVIDES PERMANENT HOUSING AND SERVICES FOR HOMELESS DOMESTIC VIOLENCE SURVIVORS AND OTHER LOW-INCOME FAMILIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN FY 2021 NEW DESTINY OPERATED TWO DIRECT SERVICE PROGRAMS THE FAMILY SUPPORT PROGRAM AND HOUSINGLINK - AND ONE INFORMATION/TECHNICAL ASSISTANCE PROGRAM THE ONLINE HOUSING RESOURCE CENTER.THE FAMILY SUPPORT PROGRAM PROVIDES VOLUNTARY ON-SITE SERVICES AT NEW DESTINY'S PERMANENT HOUSING TO PROMOTE HOUSING RETENTION, PREVENT THE RECURRENCE OF VIOLENCE, AND IMPROVE THE WELL-BEING AND ECONOMIC HEALTH OF TENANTS. ON-SITE SERVICES INCLUDE SAFETY PLANNING, BENEFITS MANAGEMENT AND COUNSELING, FINANCIAL COUNSELING, AND JOB READINESS. LEGAL, HEALTH, AND JOB TRAINING SERVICES ARE PROVIDED THROUGH PARTNERSHIPS WITH LOCAL AND CITYWIDE PARTNERS. HOUSINGLINK PROVIDES WORKSHOPS AND ONE-ON-ASSISTANCE ON PERMANENT HOUSING FOR DOMESTIC VIOLENCE SURVIVORS AND THEIR ADVOCATES. IT ALSO REFERS APPLICANTS TO VACANT UNITS IN AFFORDABLE HOUSING OWNED BY PARTNERS, PROVIDES SHORT-TERM FINANCIAL ASSISTANCE, AND AFTERCARE SUPPORT TO PLACED SURVIVORS FOR UP TO TWO YEARS. THE HOUSING RESOURCE CENTER OFFERS COMPREHENSIVE, UP-TO-DATE INFORMATION ABOUT HOUSING RESOURCES AND HOW TO OBTAIN THEM FOR LOW-INCOME DOMESTIC VIOLENCE SURVIVORS. IN FY 2021 OVER 130,000 UNIQUE VISITORS VISITED THIS ONLINE RESOURCE.


NEW DESTINY CONTROLS AND MANAGES PERMANENT AFFORDABLE HOUSING FOR HOMELESS DOMESTIC VIOLENCE SURVIVORS AND LOW-INCOME HOUSEHOLDS. THE CURRENT PORTFOLIO INCLUDES 8 PERMANENT HOUSING PROJECTS WITH 232 UNITS WHERE AT LEAST HALF ARE ALLOCATED TO HOMELESS DOMESTIC VIOLENCE SURVIVORS. IN FY 2021, NEW DESTINY CONTINUED DEVELOPMENT OF FOUR AFFORDABLE HOUSING DEVELOPMENTS FOR DOMESTIC VIOLENCE SURVIVORS AND LOW-INCOME FAMILIES IN THE BRONX, BROOKLYN, QUEENS AND NEW ROCHELLE THAT TOGETHER WILL HAVE 260 NEW HOMES FOR FAMILIES HEADED BY DOMESTIC VIOLENCE SURVIVORS WHO ARE LIVING IN SHELTER. ALSO IN DEVELOPMENT IS A VACANT PROPERTY THAT WILL HAVE 30 UNITS FOR HOUSEHOLDS HEADED BY HOMELESS DOMESTIC VIOLENCE SURVIVORS. NEW DESTINY ALSO CONTROLS ONE 11-UNIT SHELTER FOR VICTIMS OF DOMESTIC VIOLENCE.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,662,398
All other contributions, gifts, grants, and similar amounts not included above$1,287,194
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,949,592
Total Program Service Revenue$4,038,251
Investment income $738
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 $6,998,544

Grants Recieved

Over the last fiscal year, we have identified 18 grants that New Destiny Housing Corporation has recieved totaling $794,752.

Awarding OrganizationAmount
Leona M & Harry B Helmsley Charitable Trust

New York, NY

PURPOSE: AFTERCARE INTERVENTION TO IMPROVE HOUSING & HEALTH STABILITY

$376,970
Leona M & Harry B Helmsley Charitable Trust

New York, NY

PURPOSE: AFTERCARE INTERVENTION TO IMPROVE HOUSING & HEALTH STABILITY

$215,030
Bank Of America Charitable Foundation Inc

Charlotte, NC

PURPOSE: OPERATIONAL SUPPORT

$50,000
William J & Dorothy K Oneill Foundation Inc

Cleveland, OH

PURPOSE: GENERAL OPERATING SUPPORT (MULTI-YEAR)

$25,000
Webster Bank Charitable Foundation

Wilmington, DE

PURPOSE: FAMILY SUPPORT PROGRAM

$25,000
William J & Dorothy K Oneill Foundation Inc

Cleveland, OH

PURPOSE: GENERAL OPERATING SUPPORT (MULTI-YEAR)

$25,000
View Grant Recipient Profile

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