Neighborhood Housing Services Of Brooklyn Bedford-Stuyvesant Cdc In
- Assets
- $839.2k
- Revenue
- $801.6k
- Investments
- $0.0
- Employees
- 5
- Location
- Brooklyn, NY
- Founding
- 01/2015
- Data as of
- 12/2021
- EIN
- 47-1717438
Organization Overview
Neighborhood Housing Services Of Brooklyn Bedford-Stuyvesant Cdc In, operating under the name Brooklyn Neighborhood Services, is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (P51) the organization is classified as: Financial Counseling, under the broad grouping of Human Services and related organizations. As of 12/2021, Brooklyn Neighborhood Services employed 5 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Brooklyn Neighborhood Services is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATIONS MISSION IS TO REVITALIZE UNDERSERVED COMMUNITIES BY CREATING AND PRESERVING AFFORDABLE HOUSING OPPORTUNITIES AND INCREASING FINANCIAL EMPOWERMENT WHILE PROMOTING NEUGHBORHOOD STABILIZATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOME REPAIR GRANTS AHC
FORECLOSURE INTERVENTION COUNSELING
NORC EDUCATION, ASSISTANCE OUTREACH AND OTHER PROGRAMS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Trouth Executive Director | OfficerTrustee | 40 | $120,427 |
Betty Estaton Secretary | OfficerTrustee | 2 | $0 |
James C Durrah Board Chairman | OfficerTrustee | 2 | $0 |
Jatesh Gajjar Treasurer | Trustee | 2 | $0 |
Sundra L Franklin Director | Trustee | 1 | $0 |
Jeffrey Charles-Pierre Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $625,128 |
| All other contributions, gifts, grants, and similar amounts not included above | $156,191 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $781,319 |
| Total Program Service Revenue | $19,522 |
| Investment income | $807 |
| 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 | $801,648 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $225,333 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $120,427 |
| Compensation of current officers, directors, key employees. | $15,598 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $162,187 |
| Pension plan accruals and contributions | $11,308 |
| Other employee benefits | $25,338 |
| Payroll taxes | $27,259 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $864 |
| Fees for services: Accounting | $36,100 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $480 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,860 |
| Advertising and promotion | $750 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $72,922 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $5,979 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,454 |
| Insurance | $9,600 |
| All other expenses | $0 |
| Total functional expenses | $782,466 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $551,766 |
| Savings and temporary cash investments | $51,380 |
| Pledges and grants receivable | $208,655 |
| 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 | $19,412 |
| Net Land, buildings, and equipment | $7,999 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $839,212 |
| Accounts payable and accrued expenses | $10,879 |
| Grants payable | $150,000 |
| 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 | $160,879 |
| Net assets without donor restrictions | $646,565 |
| Net assets with donor restrictions | $31,768 |
| 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 | $839,212 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Neighborhood Housing Services Of Brooklyn Bedford-Stuyvesant Cdc In has recieved totaling $86,949.
| Awarding Organization | Amount |
|---|---|
The Center For New York City New York, NY PURPOSE: HOUSING & LEGAL COUNSELING | $47,500 |
The Center For New York City New York, NY PURPOSE: HOUSING & LEGAL COUNSELING | $39,449 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Garden State Consumer Credit Counseling Inc Manalapan, NJ | $15,368,790 | $14,807,314 |
American Consumer Credit Counseling Inc Auburndale, MA | $18,184,034 | $13,306,197 |
Cambridge Credit Counseling Corp Agawam, MA | $10,545,696 | $7,101,425 |
Consumer Credit Counseling Service Of Delaware Valley Philadelphia, PA | $4,817,961 | $4,855,910 |
Hebrew Free Loan Society Inc New York, NY | $39,139,675 | $5,814,730 |
Consumer Credit And Budget Counseling Inc Marmora, NJ | $1,261,705 | $3,720,720 |
Consumers Credit Counseling Service Of Rochester Inc Rochester, NY | $7,908,723 | $3,468,563 |
Start Small Think Big Inc New York, NY | $5,478,531 | $5,454,234 |
Money Management New York, NY | $8,835,712 | $4,309,180 |
Advantage Credit Counseling Service Inc Pittsburgh, PA | $1,986,787 | $1,981,242 |
Intl Federation Of Red Cross And Red Crescent Soc At The U N Inc New York, NY | $144,561 | $1,804,361 |
Parachute Credit Counseling Inc West Seneca, NY | $1,575,678 | $1,698,417 |