Houses New York Inc

Organization Overview

Houses New York Inc is located in New York, NY. The organization was established in 2018. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Houses New York 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 12/2021, Houses New York Inc generated $727.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (20.1%) each year. All expenses for the organization totaled $761.4k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (12.0%) per year over the past 3 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROMOTE DEVELOPMENT AND OPERATION OF AFFORDABLE HOUSING FOR LOW-INCOME RESIDENTS IN NYS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HOUSE NEW YORK (HNY) PROVIDES EDUCATION, RESEARCH, AND ADVOCACY TARGETED AT IMPROVING THE LIVES OF LOW-INCOME AFFORDABLE HOUSING TENANTS. MOST RECENT EFFORTS HAVE BEEN FOCUSED ON DIGITAL EQUITY PROGRAMS THAT BRING LOW-COST FIBER, CABLE, WIFI AND CELLULAR SERVICE TO LOW-INCOME POPULATIONS IN NEW YORK STATE. IN PARTNERSHIP WITH SEVERAL GRANT FUNDERS, HNY LAUNCHED THE COMMUNITY CLASSROOMS PROGRAM PROVIDING VIRTUAL CLASSROOM SPACE TO LOW-INCOME STUDENTS WHO WERE SCHOOLING AT HOME DURING THE PANDEMIC. SIMULTANEOUSLY, IN NEW YORK CITY, THE ORGANIZATION ESTABLISHED A PREQUALIFIED LIST OF BROADBAND PROVIDERS WILLING TO RETROFIT AFFORDABLE HOUSING WITH NO-COST HIGH-SPEED BROADBAND INFRASTRUCTURE TO BUILDING OWNERS AND LOW-COST MONTHLY BROADBAND SERVICE TO TENANTS. (CONTINUED ON SCHEDULE O)AND WITH GENEROUS FUNDING FROM SCHMIDT FUTURES AND THE FORD FOUNDATION, HNY PUBLISHED AHBI, THE AFFORDABLE HOUSING BROADBAND INITIATIVE REPORT - A REPORT OUTLINING THE PATHWAY TO LEVERAGING FUNDS AND PROGRAMMING TO COMPLETE THE RETROFITTING OF ALL OF NEW YORK'S AFFORDABLE HOUSING STOCK WITH BROADBAND SERVICE.


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Board, Officers & Key Employees

Name (title)Compensation
Timothy R Flaherty CPA
Treasurer
$0
Susan Mccann
Vice Chair
$0
Rafael Cestero
Board Chair
$0
Jolie Milstein
President And CEO
$0
Elizabeth Rossi
Director Of Operations
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $64,582
All other contributions, gifts, grants, and similar amounts not included above$451,051
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$515,633
Total Program Service Revenue$197,247
Investment income $0
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 $727,783

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Houses New York Inc has recieved totaling $400,000.

Awarding OrganizationAmount
The Eric And Wendy Schmidt Fund For Strategic Innovation

Palo Alto, CA

PURPOSE: ENSURING BROADBAND FOR AFFORDABLE HOUSING RESIDENTS

$200,000
Ford Foundation

New York, NY

PURPOSE: TO DEVELOP THE STATEWIDE AFFORDABLE HOUSING BROADBAND RETROFIT PROGRAM, A NEW YORK STATE PROGRAM TO PROVIDE BROADBAND SERVICE AS A BASIC UTILITY TO RESIDENTS OF PUBLICLY SUBSIDIZED AFFORDABLE HOUSING

$200,000
View Grant Recipient Profile

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