Cares Of Ny Inc

Organization Overview

Cares Of Ny Inc is located in Albany, NY. The organization was established in 1993. According to its NTEE Classification (H81) the organization is classified as: AIDS Research, under the broad grouping of Medical Research and related organizations. As of 04/2022, Cares Of NY Inc employed 49 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cares Of NY 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 04/2022, Cares Of NY Inc generated $15.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 36.4% each year . All expenses for the organization totaled $12.9m during the year ending 04/2022. While expenses have increased by 32.3% 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.

Since 2015, Cares Of NY Inc has awarded 113 individual grants totaling $30,588,278. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IN THE LAST YEAR CARES PROVIDED HIV AND HOUSING RELATED TECHNICAL ASSISTANCE AND CONSULTING TO GOVERNMENTAL AND NOT-FOR-PROFIT AGENCIES THAT SERVED PERSONS LIVING WITH HIV/AIDS.


AIDS HOUSING PROPERTY MANAGEMENT MAINTAINS OVER 24 APARTMENT UNITS THAT ARE SERVING INDIVIDUALS AND FAMILIES WHO ARE HOMELESS AND WHO ARE LIVING WITH HIV/AIDS.


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Board, Officers & Key Employees

Name (title)Compensation
Nancy Harrington
Executive Director
$136,812
Audra Higgins
Chair
$0
Scott Joralemon
Secretary
$0
Steve Goetz
Treasurer
$0
Mario Cometti
Director
$0
Ruth Kassel
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $14,442,311
All other contributions, gifts, grants, and similar amounts not included above$250,495
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$14,692,806
Total Program Service Revenue$904,443
Investment income $1,317
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $26,939
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,625,505

Grants Awarded

Over the last fiscal year, Cares Of Ny Inc has awarded $6,931,462 in support to 19 organizations.

Grant RecipientAmount

Albany, NY

PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE UNIFIED FUNDING AGENCY (UFA) PROGRAM.

$676,846

SUPPORT MINISTRIES INC

Org PageRecipient Profile

Albany, NY

PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE HOUSING OPPORTUNITIES FOR PEOPLE WITH AIDS (HOPWA) PROGRAM.

$598,609

ROCKLAND COUNTY DEPARTMENT OF SOCIAL SERVICES

PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE UNIFIED FUNDING AGENCY (UFA) PROGRAMS.

$572,204

ALBANY HOUSING COALITION

Org PageRecipient Profile

Albany, NY

PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE UNIFIED FUNDING AGENCY (UFA) PROGRAM.

$531,026

HOMELESS AND TRAVELERS AID SOCIETY OF THE CAPITAL DISTRICT INC

Org PageRecipient Profile

Albany, NY

PURPOSE: TREGAN - 10/26/21 07:52AM INTERVIEW FORM 990I-2

$478,451

Albany, NY

PURPOSE: FLOW THROUGH FUNDING FROM THE DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) UNDER THE UNIFIED FUNDING AGENCY (UFA) PROGRAM.

$441,258
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Cares Of Ny Inc has recieved totaling $26,011.

Awarding OrganizationAmount
The Community Foundation For The Greater Capital Region Inc

Albany, NY

PURPOSE: THE REGIONAL JUSTICE ADVISORY COMMITTEE AND FOR HOMELESS AWARENESS MONTH

$26,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$11
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$4,339
Ending Balance$4,339

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