Citywide Supportive Housing Inc
Overview
Mission
Own and manage supportive and affordable housing for low-income families and individuals.
What it reported doing in 2024
Own and manage supportive and affordable housing for low-income families and individuals.the corporation's current assets include a vacant building located at 2303 andrews avenue in the bronx, New York. Citywide is in the process of developing this property as affordable housing. New destiny developed this property into 30 units of affordable housing and rental operations began on december 2024.
Operating model
- Revenue model
- Affiliate-supported. 77% of the money available for current operations came from contributions from related organizations.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 133875562
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Headquarters
- New York, NY, USA
- Rating
- 80
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Shelters
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for setting executive pay and the filing reports that some governance safeguards are missing.
Rating breakdown
- Financial Efficiency: 97
- Transparency & Controls: 69
- Accountability: 86
- Sustainability: 37
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 91.5%; rating input score 91
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
- Public monitoring controls: Limited
- Public policy transparency: Limited
- Public financial transparency: Limited
- Impact reporting controls: Limited
- Public relationship transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 9 controls in place; rating input score 67
- Public governance controls: Limited
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -36.4%; rating input score 8; 8th percentile among comparable filings
- Operating reserve ratio: 31.12; rating input score 97; 97th percentile among comparable filings
- Liabilities to assets ratio: 0.7; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 8%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: -8.5% per year; rating input score 0; 12th percentile among comparable filings
- Revenue growth: -2.9% per year; rating input score 0; 14th percentile among comparable filings
- Asset growth: 2.7% per year; rating input score 100; 36th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 91.5% of spending went to programs
- Governance: 4 of 4 board members independent · 6 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $369K in reported program spending
- Leadership: top reported pay $203K · 8 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 annual filings from 2009 to 2024
- Contacts: How to reach this organization
- Money network: Resolved incoming and outgoing counterparties from filed money flows.
- Related organizations: 26 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.