Red Hook Initiative is located in Brooklyn, NY. The organization was established in 2006. 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 06/2022, Red Hook Initiative employed 185 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Red Hook Initiative 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 06/2022, Red Hook Initiative generated $7.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 19.3% each year . All expenses for the organization totaled $4.6m during the year ending 06/2022. While expenses have increased by 5.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
RHI BELIEVES THAT SOCIAL CHANGE TO OVERCOME SYSTEMIC INEQUITIES BEGINS WITH EMPOWERED YOUTH. IN PARTNERSHIP WITH COMMUNITY ADULTS, WE NURTURE YOUNG PEOPLE IN RED HOOK TO BE INSPIRED, RESILIENT, AND HEALTHY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MIDDLE SCHOOL SCHOLARS: RHI PROVIDES COMPREHENSIVE AFTER SCHOOL PROGRAMMING FOR ALMOST 200 MIDDLE AND HIGH SCHOOL STUDENTS. WE OFFER 40 MIDDLE SCHOOL AGED YOUTH EACH ACADEMIC YEAR AND 20 DURING THE SUMMERTIME. MIDDLE SCHOOL SCHOLARS USE SUPPORT TO WORK TOWARD ACADEMIC SUCCESS, BEGIN CAREER AND COLLEGE EXPLORATION, DEVELOP LIFE SKILLS, STRENGTHEN SOCIAL SUPPORTS AND EXERCISE THEIR LEADERSHIP IN RED HOOK. RHI PROVIDES COMPREHENSIVE PROGRAMMING FOR 120 RED HOOK YOUTH ATTENDING HIGH SCHOOL, AS THEY WORK TOWARD THEIR HIGH SCHOOL DIPLOMA, DEVELOP A POST-SECONDARY PLAN, GAIN PAID JOB TRAINING AND WORK EXPERIENCE, STRENGTHEN THEIR SOCIAL SUPPORTS AND EXERCISE THEIR LEADERSHIP IN THE COMMUNITY. APPROXIMATELY 20 OF THESE HIGH SCHOOL-AGED YOUTH RECEIVE COLLEGE ACCESS SUPPORT. YOUNG ADULT PROGRAMS: WE ENGAGE AND SUPPORT NEARLY 200 YOUNG ADULTS TO SET INDIVIDUALIZED GOALS AROUND FURTHERING THEIR EDUCATION (HIGH SCHOOL DIPLOMA, HSE OR COLLEGE DEGREE), OBTAINING EMPLOYMENT AND GROWING PROFESSIONALLY AND GAINING AND STRENGTHENING SOCIAL SUPPORTS. OUR DEDICATED TEAM PROVIDES COMPREHENSIVE, PERSONALIZED SUPPORTS FOR YOUNG ADULTS FROM A STRENGTHS-BASED, TRAUMA-INFORMED APPROACH WHILE INTENTIONALLY ADDRESSING SYSTEMIC INJUSTICE THROUGH EDUCATION, ADVOCACY AND OPPORTUNITIES FOR YOUNG ADULT PARTICIPATION. HEALTH AND WELLNESS: THROUGH A PARTNERSHIP WITH THE SILBERMAN SCHOOL OF SOCIAL WORK AT HUNTER COLLEGE, WE CONTINUED TO BUILD THE CAPACITY OF RHI STAFF TO DEVELOP CULTURALLY-RESPONSIVE, TRAUMA-INFORMED HEALING SERVICES AND CREATE SAFE SPACES AND OPPORTUNITIES FOR YOUNG PEOPLE TO HEAL FROM THE TRAUMA OF THE MOMENT AND THE IMPACTS OF SYSTEMIC RACISM AND LACK OF PUBLIC INVESTMENT IN OUR COMMUNITY. IN ADDITION WE HAVE A THREE-TIERED MODEL TO PROVIDE DIRECT COUNSELING SUPPORT THROUGH: INDIVIDUAL WELLNESS CHECK-INS AND COUNSELING SESSIONS; GROUP HEALING WORK, WHICH OFFERS BOTH HEALING AND PEER SUPPORT TRAINING; AND COMMUNITY-WIDE HEALING EVENTS AND WORKSHOPS. COMMUNITY BUILDING: ADVOCACY AND ORGANIZING HAS ALWAYS BEEN A KEY ELEMENT OF OUR WORK AT RHI, RECOGNIZING THE NEED TO ADDRESS SYSTEMIC ISSUES FACING THE NEIGHBORHOOD ALONGSIDE OUR YOUTH DEVELOPMENT APPROACH. OUR PROGRAMS WORK TOWARD TWO GOALS: TO IMPROVE THE HEALTH OF RESIDENTS OF PUBLIC HOUSING IN RED HOOK AND TO STRENGTHEN THE RESILIENCY OF THE RED HOOK COMMUNITY. THE WORK OF THIS PROGRAM SEEKS TO ADDRESS THE ROOT CAUSES OF THE ISSUES RESIDENTS FACE, POSITIVELY IMPACTING THE LIVES OF OVER 6,500 RED HOOK HOUSES RESIDENTS EACH YEAR.THROUGH OUR BENEFITS ACCESS WORK, WE SERVED NEARLY 600 RESIDENTS IN BENEFITS ACCESS INCLUDING: HOUSING REPAIR SUPPORT AND ADVOCACY, SNAP AND ONE SHOT DEAL ENROLLMENT, TRANSLATION SERVICES, AND REFERRALS TO COMMUNITY PARTNERS FOR ADDITIONAL SUPPORT. RED HOOK FARMS: WE HARVESTED NEARLY 20,000 POUNDS OF PRODUCE--INCREASING ACCESS TO FRESH, AFFORDABLE PRODUCE AND PROVIDING NUTRITION EDUCATION THAT INTRODUCES VEGETABLES, FRUIT AND HEALTHY, DELICIOUS WAYS TO PREPARE THEM, ARE CONCRETE WAYS WE ARE MEETING THE BASIC NEEDS OF RED HOOKS PUBLIC HOUSING RESIDENTS AND COMBATING THE PUBLIC HEALTH CRISIS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Morgan Monaco Executive Dir. | Officer | 40 | $171,622 |
Saswati Sarkar Deputy Director | 40 | $102,538 | |
Nanda Prabhakar Vice President | OfficerTrustee | 1 | $0 |
Michael Lee Vice President | OfficerTrustee | 1 | $0 |
Andrew Strauss Treasurer | OfficerTrustee | 1 | $0 |
Chris Cardona President | OfficerTrustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $308,474 |
Related organizations | $0 |
Government grants | $1,677,256 |
All other contributions, gifts, grants, and similar amounts not included above | $5,900,291 |
Noncash contributions included in lines 1a–1f | $25,000 |
Total Revenue from Contributions, Gifts, Grants & Similar | $7,886,021 |
Total Program Service Revenue | $0 |
Investment income | $994 |
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 | $7,948,570 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $234,390 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $173,988 |
Compensation of current officers, directors, key employees. | $43,497 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $2,656,867 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $180,587 |
Payroll taxes | $236,914 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
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 | $631,275 |
Advertising and promotion | $0 |
Office expenses | $140,887 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $191,073 |
Travel | $82,451 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $61,776 |
Insurance | $16,720 |
All other expenses | $0 |
Total functional expenses | $4,622,219 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $529,409 |
Savings and temporary cash investments | $2,002,171 |
Pledges and grants receivable | $3,168,333 |
Accounts receivable, net | $0 |
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 | $19,890 |
Net Land, buildings, and equipment | $117,416 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $14,615 |
Total assets | $5,851,834 |
Accounts payable and accrued expenses | $304,603 |
Grants payable | $0 |
Deferred revenue | $0 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $304,603 |
Net assets without donor restrictions | $1,893,364 |
Net assets with donor restrictions | $3,653,867 |
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 | $5,851,834 |
Over the last fiscal year, we have identified 1 grants that Red Hook Initiative has recieved totaling $1,000.
Awarding Organization | Amount |
---|---|
The Barr Fund Chicago, IL PURPOSE: GENERAL FUND | $1,000 |
Organization Name | Assets | Revenue |
---|---|---|
Council Of Three Rivers American Indian Center Inc Pittsburgh, PA | $2,198,563 | $19,524,702 |
Everas Community Services Inc Somerset, NJ | $31,405,785 | $23,760,269 |
North East Educational And Developmental Supports Center Inc Tewksbury, MA | $8,053,747 | $19,496,777 |
Intercommunity Action Incorporated Philadelphia, PA | $14,614,293 | $19,901,552 |
Spectrum Community Services Inc Allentown, PA | $6,288,427 | $19,062,960 |
Prospectus Associates Inc Reading, PA | $18,973,994 | $22,583,253 |
Handicapped Childrens Association Of Southern New York Inc Johnson City, NY | $15,724,051 | $20,449,293 |
Southern Tier Independence Center Inc Binghamton, NY | $11,429,557 | $17,107,173 |
Rockland Independent Living Center Inc West Nyack, NY | $7,082,649 | $18,562,000 |
New York Association On Independent Living Albany, NY | $7,790,174 | $16,532,510 |
Coalition For The Homeless Inc New York, NY | $43,159,669 | $27,848,334 |
Lesbian And Gay Community Services Center Inc New York, NY | $32,292,978 | $15,100,688 |