BRC
Legal name: Bowery Residents Committee Inc
Nonprofit profile at a glance
- EIN
- 132736659
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, United States
- Phone
- 212.803.5700
- Rating
- 90
- Verdict
- STRONG
- Rating confidence
- Standard
- Sector
- Human Service Organizations
Reported finances
- Revenue
- $206,902,613
- Expenses
- $214,907,867
- Assets
- $353,681,789
- Liabilities
- $343,366,720
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
29 people listed
Executive titles in this filing
- LAWRENCE ROSENBLATT (CEO AND PRESIDENT)
Highest reported compensation
- LAWRENCE ROSENBLATT (CEO AND PRESIDENT): $496,246 total reported compensation
- LILIA MARINI-CALVES (CHIEF FINANCIAL OFFICER): $386,245 total reported compensation
- KELLY QUIRK (CHIEF PROGRAM OFFICER): $307,786 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Helping people reclaim lives lost: We restore hope and dignity by offering opportunities for health and self-sufficiency. A community of individuals dedicated to supporting BRC’s mission Ways to Become a BRC Champion BRC Champions support BRC’s work by raising funds, spreading awareness of our mission, and volunteering. BRC Champions support BRC’s work by raising funds, spreading awareness of our mission, and volunteering. Picture221.jpg Become a BRC Champion. Our Council members play a vital role in advancing BRC's mission through: Strategic fundraising initiatives, including the signature annual BRC Champions Benefit High-impact volunteer projects that directly serve our community.
What it reported doing in 2024
Treatment services - see schedule o
Operating model
- Revenue model
- Grant-funded. 92% 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.
- Includes noncash contributions: Reported contributions include donated property or goods.
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: 89
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 33
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 90.5%; rating input score 91
- Program expense ratio: 87.2%; rating input score 87
- Fundraising efficiency: $139.62 raised per $1 spent on fundraising; rating input score 87; 87th percentile among comparable filings
Transparency & Controls
- Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- 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: Yes; rating input score 100
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: -3.9%; rating input score 15; 15th percentile among comparable filings
- Total-asset coverage ratio: 1.65; rating input score 56; 56th percentile among comparable filings
- Liabilities to assets ratio: 0.97; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 1.2%; rating input score 70; 70th percentile among comparable filings
Growth
- Program expense growth: 11.6% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 10.1% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: 19.3% per year; rating input score 100; 92nd percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 90.5% of revenue deployed · 87.2% of spending went to programs
- Governance: 21 of 21 board members independent · 9 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $187.3M in reported program spending
- Leadership: top reported pay $496K · 29 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $15.1M reported
- Consistency: 37 of 38 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 25 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.
- High — Sustainability: Operating margin scored 15/100.
- Review — Sustainability: Total-asset coverage ratio scored 56/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.