Bronx Parent Housing Network Inc
- Assets
- $37.0m
- Revenue
- $84.4m
- Investments
- $0.0
- Employees
- 454
- Location
- Bronx, NY
- Founding
- 04/2001
- Data as of
- 06/2021
- EIN
- 13-4100758
Organization Overview
Bronx Parent Housing Network Inc, operating under the name Parent Housing Network Inc, is located in Bronx, NY. The organization was established in 2001. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 06/2021, Parent Housing Network Inc employed 454 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parent Housing Network 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 06/2021, Parent Housing Network Inc generated $84.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 49.0% each year . All expenses for the organization totaled $85.1m during the year ending 06/2021. While expenses have increased by 51.7% 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
BRONX PARENT HOUSING NETWORK IS COMMITTED TO MAKING A DIFFERENCE IN SOLVING THE HOUSING PROBLEM IN BRONX PARENT HOUSING NETWORK IS COMMITTED TO MAKING A DIFFERENCE IN SOLVING THE HOUSING PROBLEM IN NEW YORK CITY BY TRANSFORMING LIVES AND CREATING HOLISTIC PATHS TO EMPLOYMENT SO THAT INDIVIDUALS AND FAMILIES CAN SECURE SAFE, CLEAN, AFFORDABLE, PERMANENT HOUSING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BRONX PARENT HOUSING NETWORK, INC. ("BPHN") IS A NONPROFIT ORGANIZATION THAT PROVIDES TEMPORARY HOUSING, SOCIAL SERVICES, AND OTHER SUPPORT TO LOW- AND MODERATE-INCOME INDIVIDUALS AND FAMILIES EXPERIENCING HOMELESSNESS AND OTHER SOCIAL CHALLENGES IN NYC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Victor M Rivera President & CEO (outgoing) | Officer | 35 | $393,529 |
Candia T Richards-Clarke Chief Administrative Officer | Officer | 35 | $226,598 |
Papa Mamour Diop CFO | Officer | 35 | $177,885 |
Gloria Wallace VP Of Programs | 40 | $129,850 | |
Edward C Washington Controller | 35 | $121,699 | |
Jose S Laboy Deputy Director | 40 | $109,495 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Javier Gaitan Construction Services | 6/29/20 | $150,219 |
Ululy Rafael Martinez Legal Services | 6/29/20 | $117,325 |
Javier Gaitan Construction Services | 6/29/20 | $150,219 |
Cdw Direct Llc Technology Services | 6/29/20 | $148,038 |
Cdw Direct Llc Technology Services | 6/29/20 | $148,038 |
Ululy Rafael Martinez Legal Services | 6/29/20 | $117,325 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $84,168,151 |
| All other contributions, gifts, grants, and similar amounts not included above | $43,582 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,211,733 |
| Total Program Service Revenue | $120,717 |
| Investment income | $13,545 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$97,761 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $84,449,036 |
| 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. | $601,568 |
| Compensation of current officers, directors, key employees. | $601,568 |
| Compensation to disqualified persons | $236,240 |
| Other salaries and wages | $14,217,801 |
| Pension plan accruals and contributions | $738,721 |
| Other employee benefits | $1,145,622 |
| Payroll taxes | $1,620,164 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $638,339 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $827,499 |
| Advertising and promotion | $0 |
| Office expenses | $775,784 |
| Information technology | $12,840 |
| Royalties | $0 |
| Occupancy | $46,903,036 |
| Travel | $140,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $36,512 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $236,217 |
| Insurance | $826,396 |
| All other expenses | $104,164 |
| Total functional expenses | $85,145,063 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,209,075 |
| Savings and temporary cash investments | $1,139,487 |
| Pledges and grants receivable | $14,287,617 |
| Accounts receivable, net | $17,299,957 |
| 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 | $91,524 |
| Net Land, buildings, and equipment | $751,712 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $201,814 |
| Total assets | $36,981,186 |
| Accounts payable and accrued expenses | $14,398,590 |
| Grants payable | $0 |
| Deferred revenue | $24,191,593 |
| 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 | $495,007 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $847,305 |
| Total liabilities | $39,932,495 |
| Net assets without donor restrictions | -$2,951,309 |
| 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 | $36,981,186 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bronx Parent Housing Network Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Studentsfirst New York Institute New York, NY PURPOSE: ADVANCE EDUCATION REFORM IN LINE WITH SFNYI'S MISSION | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
New York State Industries For The Disabled Inc Albany, NY | $90,596,227 | $266,923,415 |
Community Options Inc Princeton, NJ | $162,946,172 | $255,239,270 |
Stavros Center For Independent Living Inc Amherst, MA | $23,487,349 | $228,492,381 |
Vinfen Corporation Cambridge, MA | $144,286,269 | $191,298,897 |
Concepts Of Independence Inc New York, NY | $106,794,018 | $182,138,193 |
Howardcenter Inc Burlington, VT | $50,530,652 | $112,967,420 |
Open Sky Community Services Inc Worcester, MA | $49,353,222 | $95,640,760 |
Center For Family Services Inc Camden, NJ | $47,141,556 | $95,147,617 |
Bronx Parent Housing Network Inc Bronx, NY | $36,981,186 | $84,449,036 |
Senior Health Properties-South Inc Bala Cynwyd, PA | $22,024,850 | $74,814,140 |
Toward Independent Living & Learning Inc Dedham, MA | $105,262,723 | $73,578,332 |
The Bridge Inc New York, NY | $39,348,732 | $57,559,803 |