Gateway Demonstration Assistance Corporation is located in Brooklyn, NY. The organization was established in 2015. According to its NTEE Classification (W12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Public & Societal Benefit and related organizations. As of 12/2021, Gateway Demonstration Assistance Corporation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gateway Demonstration Assistance Corporation 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 12/2021, Gateway Demonstration Assistance Corporation generated $124.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (31.4%) each year. All expenses for the organization totaled $276.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO TRANSFORM NEW YORK CITY'S HOMELESS SHELTER SYSTEM INTO AN EFFECTIVE, EVIDENCE-BASED INVERVENTION THAT ASSISTS HOMELESS PEOPLE TO BECOME MORE INDEPENDENT AND INTEGRATED INTO THEIR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3
GATEWAY HOUSINGS GOAL IS NOTHING LESS THAN TO INITIATE A FUNDAMENTAL SHIFT AWAY FROM NEW YORKS CURRENT "ONE-SIZE-FITS-ALL" EMERGENCY HOMELESS RESPONSE. WITH SUCCESS, GATEWAY HOUSINGS TRANSFORMATION OF THE SHELTER SYSTEM WILL HAVE NATIONAL IMPLICATIONS. GATEWAYS COMPREHENSIVE, ANTI-POVERTY APPROACH WILL:-IMPROVE A SHELTER SYSTEM BADLY IN NEED OF REPAIR-CREATE NEW PERMANENT AFFORDABLE HOUSING UNITS-STRENGTHEN NEIGHBORHOODS WITH NEW ON-SITE COMMUNITY-BASED SUPPORTS-ESTABLISH AN ONGOING CAPITAL DEVELOPMENT PIPELINE WITH STANDARDIZEDFINANCING TERMS-DEVELOP AND TEST A CONSISTENT, REPLICABLE SERVICE PROGRAM THAT CAN ULTIMATELY BE ADOPTED SYSTEM WIDE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ted Houghton President | 40 | $204,470 | |
Joe Weisbord Chair | 1 | $0 | |
Moshe Mckie-Krisberg Treasurer | 1 | $0 | |
Laura Mascuch Secretary | 1 | $0 | |
Eileen Torres Officer | 1 | $0 | |
Cris Parque Officer | 1 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $81,456 |
Total Program Service Revenue | $42,850 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $0 |
Other Revenue | $0 |
Total Revenue | $124,306 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $241,313 |
Professional fees and other payments to independent contractors | $28,985 |
Occupancy, rent, utilities, and maintenance | $1,636 |
Printing, publications, postage, and shipping | $2,701 |
Other expenses | $1,012 |
Total expenses | $276,528 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $54,240 |
Other assets | $0 |
Total assets | $54,240 |
Total liabilities | $0 |
Net assets or fund balances | $54,240 |
Over the last fiscal year, we have identified 2 grants that Gateway Demonstration Assistance Corporation has recieved totaling $143,000.
Awarding Organization | Amount |
---|---|
Robin Hood Foundation New York, NY PURPOSE: GENERAL | $93,000 |
Altman Foundation New York, NY PURPOSE: TO SUPPORT EFFORTS TO PROMOTE HOUSING DEVELOPMENT MODELS THAT INTEGRATE TEMPORARY SHELTER AND PERMANENT HOUSING | $50,000 |
Organization Name | Assets | Revenue |
---|---|---|
Advisors Charitable Gift Fund Inc Woburn, MA | $25,560,118 | $6,290,034 |
The Afsm Foundation New Haven, CT | $1,606,071 | $1,000,000 |
Elcam Inc St Marys, PA | $19,431,330 | $4,390,197 |
Constructive Dialogue Institute Inc New York, NY | $2,018,471 | $1,187,467 |
Montgomery County Foundation Inc Blue Bell, PA | $6,846,904 | $2,066,247 |
Shekel Hakodesh Dsatmar Inc Monroe, NY | $92,066 | $1,180,269 |
Uwvc Foundation Inc New York, NY | $541,216 | $743,045 |
Harpswell Foundation Concord, MA | $9,704,680 | $1,497,581 |
The Love Pray Peace Project Veterans Residence Drexel Hill, PA | $69,517 | $509,585 |
Milford Community Media Center Inc Milford, MA | $557,673 | $474,965 |
Np Minneapolis Industrial Llc Boston, MA | $18,987,088 | $1,225,241 |
Good Street Inc Teaneck, NJ | $382,189 | $530,702 |