Hester Street Collaborative Inc

Organization Overview

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.

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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Wecount Advisors Llc
Consulting
$105,000
Nisha Baliga
Consulting
$125,446
View All Vendors

Financial Statements

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

Grants Awarded

Over the last fiscal year, Hester Street Collaborative Inc has awarded $792,500 in support to 15 organizations.

Grant RecipientAmount

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
View Grant Profile

Peer Organizations

Organization NameAssets
Harristown Development Corporation
Harrisburg, PA
$18,623,535
Homestart Inc
Boston, MA
$16,639,054
The Community Action Agency Of Western Connecticut Inc
Danbury, CT
$13,618,038
South Bronx Overall Economic Development Corporation
Bronx, NY
$12,019,062
Greater Jamaica Development Corp
Jamaica, NY
$7,601,973
Massachusetts Manufacturing Extension Partnership Inc
Auburn, MA
$9,326,531
43north Bpc Inc
Buffalo, NY
$8,181,242
Economic Development Growth Enterprises Corporation
Rome, NY
$8,193,120
Rising Tide Community Loan Fund
Bethlehem, PA
$8,811,127
Dorchester Bay Economic Development Corporation
Dorchester, MA
$10,163,285
Pittsburgh Downtown Partnership
Pittsburgh, PA
$9,502,366
Newark Downtown District Management Corporation
Newark, NJ
$8,541,889
Buffalo & Erie County Industrial Land Development Corp
Buffalo, NY
$6,783,218
Rdc Commercial Center Inc
Brooklyn, NY
$4,484,188
Upper Manhattan Empowerment Zone Development Corporation
New York, NY
$5,950,446
Hester Street Collaborative Inc
New York, NY
$4,512,361
Grow America Fund Inc
New York, NY
$3,801,712
Gmdc Two Inc
Brooklyn, NY
$3,942,853
Enterprise Center
Philadelphia, PA
$6,353,979
Flatbush Development Corporation
Brooklyn, NY
$3,907,106
Metrohartford Alliance Inc
Hartford, CT
$5,912,005
North Central Pennsylvania Regional Planning And Development Commi
Ridgway, PA
$5,098,321
Union County Economic Development Corp
Cranford, NJ
$4,807,989
Ridc Ltc 48
Pittsburgh, PA
$2,513,926
Rochester Economic Development Corporation
Rochester, NY
$1,673,115

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