Acacia Network

Legal name: Acacia Network Housing Inc

Nonprofit profile at a glance

EIN
260076866
IRS 990 coverage
2010–2024
Official website data refreshed
Aug 2026
Forms available
Form 990 2024
Location
Bronx, NY, USA
Phone
7188615650
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$347,422,708
Expenses
$346,965,582
Assets
$482,107,859
Liabilities
$474,796,373

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

16 people listed

Executive titles in this filing

  • RAUL RUSSI (PRESIDENT)
  • LYMARIS ALBORS (Chief Executive Officer)

Highest reported compensation

  • RAUL RUSSI (PRESIDENT): $998,427 total reported compensation
  • LYMARIS ALBORS (Chief Executive Officer): $892,752 total reported compensation
  • JOSE A RODRIGUEZ (Chief Legal Officer/Exec VP): $592,593 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Acacia Network stands in places of need and nurtures the community to reach its potential; its services include Primary Care, Behavioral Health and Addiction Services, Residential Treatment for At-Risk Populations, Affordable and Supportive Housing, Transitional Housing and Homeless Services, Early Childhood Education, Afterschool Programs and Youth Development, Services for Older Adults (60+), Workforce Development, and Arts and Culture.

What it reported doing in 2024

Acacia Network Housing, Inc. ("ANH") Is A Dynamic and growing not for profit organization that provides transitional housing for the homeless and the assistance to help these families and individuals find permanent residences. While clients are with ANH, families and individuals receive numerous integrated supportive services to help them attain their goal of permanent housing. These services include individual assessments of impediments that people may have in achieving their housing goals and referrals to Medical, Psychological, Educational, Day care and Employment resources to help people receive needed medical care and develop the skills and Motivation to find jobs and homes. Case workers meet with clients frequently to gauge their progress and to provide additional supports as necessary.

Operating model

Revenue model
Grant-funded. 98% of the money available for current operations came from government grants.
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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 41
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 95.5%; rating input score 95
  • Program expense ratio: 95.6%; rating input score 96
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 68th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 77th percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 0.1%; rating input score 32; 32nd percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 51; 51st percentile among comparable filings
  • Liabilities to assets ratio: 0.98; rating input score 8; 8th percentile among comparable filings
  • Officer compensation ratio: 0.5%; rating input score 84; 84th percentile among comparable filings

Growth

  • Program expense growth: 13.1% per year; rating input score 100; 83rd percentile among comparable filings
  • Revenue growth: 13.8% per year; rating input score 100; 87th percentile among comparable filings
  • Asset growth: 25.5% per year; rating input score 100; 96th percentile among comparable filings

Details

  • What they do: 4 programs and campaigns described on the official site
  • Where the money goes: 95.5% of revenue deployed · 95.6% of spending went to programs
  • Governance: 5 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $331.7M in reported program spending
  • Leadership: top reported pay $998K · 16 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $63M reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • Related organizations: 118 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.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Sustainability: Operating margin scored 32/100.
  • Review — Sustainability: Total-asset coverage ratio scored 51/100.
  • High — Sustainability: Liabilities to assets ratio scored 8/100.