AHRC New York City
Legal name: Ahrc Development Inc
Nonprofit profile at a glance
- EIN
- 133131470
- IRS 990-EZ coverage
- 2022–2023
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990-EZ 2023, Form 990-PF 2021
- Location
- New York, NY, USA
- Phone
- 212-780-2500
- Rating
- 94
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $139,402
- Expenses
- $184,135
- Assets
- $252,722
- Liabilities
- $1,639,613
Source: IRS Form 990-EZ. Selected filing: tax year 2023. Amounts in USD.
Leadership & pay
7 people listed
Executive titles in this filing
- RAYMOND FERRIGNO (PRESIDENT)
- PATRICIA MURPHY (1ST VICE PRESIDENT)
- CORY O HENKEL (2ND VICE PRESIDENT)
- MARCO DAMIANI (CEO, NYSARC INC., NYC CHAPTER)
- AMY WEST (CEO, NYSARC INC., NYC CHAPTER)
People named in this filing
- RAYMOND FERRIGNO (PRESIDENT)
- ANDREAS CHRYSOSTOMOU (FINANCIAL SECRETARY)
- JEANNE SDROULAS (TREASURER)
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 2023. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Advocate for people with intellectual, developmental, and other disabilities to lead full and equitable lives. In an era where discouraging words like, “Your child will never learn,” or “Institutionalize them now,” were commonplace, these resilient parents defied the odds. Instead, they forged an unbreakable bond, standing shoulder to shoulder to support one another and ensure their children had every opportunity to thrive. This marked the inception of AHRC, the esteemed New York City Chapter of NYSARC, Inc. The vivid memory of that time, when people with disabilities were treated as outcasts, continues to drive AHRC New York City’s mission. Rooted in a social justice movement, our organization champions our shared humanity, advocating for a socially just world. Joseph T. Weingold and advocates at th.
What it reported doing in 2023
The organization's primary programmatic activity is to operate the agovino residential building located at 270 kingsland avenue in the bronx, New York. This housing facility provides residential services for the elderly and/or disabled.
Operating model
- Revenue model
- Donor-supported. 70% 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. Expenses are high relative to revenue and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 94
- Transparency & Controls: 100
- Sustainability: 30
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 85.3%; rating input score 85
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
Sustainability
- Operating margin: -32.1%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 1.37; rating input score 69; 69th percentile among comparable filings
- Liabilities to assets ratio: 6.49; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 63; 63rd percentile among comparable filings
Growth
- Program expense growth: 42.9% per year; rating input score 100; 88th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 35th percentile among comparable filings
- Asset growth: 16.2% per year; rating input score 100; 73rd percentile among comparable filings
Details
- What they do: 8 programs and campaigns described on the official site
- Where the money goes: 100% of revenue deployed · 85.3% of spending went to programs
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment · $157K in reported program spending
- Leadership: top reported pay $0 · 7 people listed
- Consistency: 8 of 8 current checks pass
- Schedules: 3 filed schedules
- Filing history: 2 filing years from 2022 to 2023
- Contacts: How to reach this organization
- 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.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 1/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.