Hester Street Collaborative Inc is located in New York, NY. The organization was established in 2004. According to its NTEE Classification (S31) the organization is classified as: Urban & Community Economic Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 12/2022, Hester Street Collaborative Inc employed 38 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Hester Street Collaborative 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 12/2022, Hester Street Collaborative Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.7% each year . All expenses for the organization totaled $5.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Hester Street Collaborative Inc has awarded 35 individual grants totaling $1,393,000. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROMOTE ARCHITECTURE, DESIGN AND ART IN THE COMMUNITY THROUGH THE DEVELOPMENT OF EDUCATIONAL PROGRAMS AND IMPROVEMENTS OF THE PHYSICAL NEIGHBORHOOD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE DESIGN AND IMPLEMENT PARTICIPATORY PROCESSES FOR COMMUNITY PLANNING, DESIGN AND EQUITABLE DEVELOPMENT; INTEGRATE DATA ANALYSIS AND TECHNICAL PLANNING SKILLS WITH INCLUSIVE, INTERACTIVE COMMUNITY ENGAGEMENT RESULTING IN CONCRETE COMMUNITY BENEFITS; DESIGN MAPS, ACTIVITIES, GRAPHICS, TOOLKITS AND OTHER POPULAR EDUCATION TOOLS TO GATHER AND DISSEMINATE INFORMATION; DEMYSTIFY COMPLEX PROCESSES AND INSPIRE ACTION PLANS; PLAN AND MANAGE COMMUNITY FACILITY DEVELOPMENT PROJECTS FOR COMMUNITY-BASED ORGANIZATIONS; PROVIDE TECHNICAL ASSISTANCE TO PLAN PROJECTS, CONDUCT SPATIAL NEEDS ASSESSMENTS, PERFORM ZONING AND SITE ANALYSES, IDENTIFY SITES, FACILITATE PROPERTY ACQUISITION, ASSEMBLE FINANCING AND MANAGE DESIGN AND CONSTRUCTION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Rasmia Kirmani-Frye Interim Executive Director | Officer | 40 | $153,846 |
Lori Schlabach Chief Operating Officer | Officer | 40 | $123,211 |
Vanessa Monique Smith Director Of Strategy | 1 | $118,103 | |
Sadra Mostafavi Shahab Director Of Research + Data | 1 | $105,859 | |
Kristen Chin Director Of Community | 1 | $105,619 | |
Barbara Prevatt Director Of Culture And Talent | 1 | $101,948 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Wecount Advisors Llc Consulting | 12/30/22 | $105,000 |
Nisha Baliga Consulting | 12/30/22 | $125,446 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,784,423 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,784,423 |
Total Program Service Revenue | $2,716,681 |
Investment income | $689 |
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 | $4,512,361 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $862,000 |
Grants and other assistance to domestic individuals. | $30,027 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $294,148 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,321,369 |
Pension plan accruals and contributions | $36,407 |
Other employee benefits | $360,057 |
Payroll taxes | $221,031 |
Fees for services: Management | $0 |
Fees for services: Legal | $760 |
Fees for services: Accounting | $151,766 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $560,356 |
Advertising and promotion | $262 |
Office expenses | $106,537 |
Information technology | $79,751 |
Royalties | $0 |
Occupancy | $70,485 |
Travel | $13,532 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $40,356 |
Interest | $9,450 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $12,595 |
Insurance | $12,524 |
All other expenses | $0 |
Total functional expenses | $5,183,413 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $292,517 |
Savings and temporary cash investments | $419,880 |
Pledges and grants receivable | $800,000 |
Accounts receivable, net | $1,202,393 |
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 | $51,369 |
Net Land, buildings, and equipment | $33,007 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $9,358 |
Total assets | $2,808,524 |
Accounts payable and accrued expenses | $220,319 |
Grants payable | $0 |
Deferred revenue | $65,500 |
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 | $370,000 |
Unsecured mortgages and notes payable | $350,000 |
Other liabilities | $9,358 |
Total liabilities | $1,015,177 |
Net assets without donor restrictions | $231,415 |
Net assets with donor restrictions | $1,561,932 |
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 | $2,808,524 |
Over the last fiscal year, Hester Street Collaborative Inc has awarded $792,500 in support to 15 organizations.
Grant Recipient | Amount |
---|---|
CONNECTICUT CITIZEN RESEARCH GROUP INC PURPOSE: American Rescue Plan | $45,000 |
EL PUENTE DE WILLIAMSBURG INC PURPOSE: Radical Imagination for Racial Justice Initiative | $70,000 |
FUTURES IGNITE PURPOSE: Radical Imagination for Racial Justice Initiative | $50,000 |
GLITS INC PURPOSE: Radical Imagination for Racial Justice Initiative | $75,000 |
MISSOURI JOBS WITH JUSTICE PURPOSE: American Rescue Plan and Beyond | $45,000 |
HASER INC PURPOSE: Radical Imagination for Racial Justice Initiative | $40,000 |