5 Borough Housing Movement Inc
Nonprofit profile at a glance
- EIN
- 921650132
- IRS 990-EZ coverage
- 2024–2024
- Forms available
- Form 990 2023, Form 990-EZ 2024
- Location
- New York, NY, USA
- Phone
- 2126165200
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Alliance/Advocacy Organizations
Reported finances
- Revenue
- $93,000
- Expenses
- $69,818
- Assets
- $26,107
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
3 people listed
Executive titles in this filing
- JIM WHELAN (PRESIDENT)
People named in this filing
- JIM WHELAN (PRESIDENT)
- ARAVELLA SIMOTAS (BOARD MEMBER)
- CARL HUM (BOARD MEMBER)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
5 borough housing movement mission is to work toward the adoption of policies that boost housing supply and affordable housing production in historically underserved areas of New York city, and to engage in actions and activities that further that purpose.
What it reported doing in 2024
Work toward the adoption of policies that boost housing supply and affordable housing production in historically underserved areas of New York city, and to engage in actions and activities that further that purpose.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Revenue has declined or grown slowly and total assets are small relative to annual expenses; liquid coverage is unknown.
Rating breakdown
- Financial Efficiency: 83
- Transparency & Controls: 100
- Sustainability: 58
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 73.7%; rating input score 74
- Program expense ratio: 98.2%; rating input score 98
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: 24.9%; rating input score 78; 78th percentile among comparable filings
- Total-asset coverage ratio: 0.37; rating input score 24; 24th percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -153% per year; rating input score 0; 1st percentile among comparable filings
- Asset growth: 159.7% per year; rating input score 100; 99th percentile among comparable filings
Details
- Where the money goes: 73.7% of revenue deployed · 98.2% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $69K in reported program spending
- Leadership: top reported pay $0 · 3 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 2 filed schedules
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 24/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.