Harlem Commonwealth Council
Legal name: Harlem Commonwealth Council Inc
Nonprofit profile at a glance
- EIN
- 136271908
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, US
- Phone
- (212) 749-0900
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Economic Development
Reported finances
- Revenue
- $5,782,940
- Expenses
- $5,193,222
- Assets
- $28,589,496
- Liabilities
- $5,410,319
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
16 people listed
Executive titles in this filing
- E Hamil Douglas (President)
Highest reported compensation
- E Hamil Douglas (President): $308,109 total reported compensation
- Ayesha Codrington (Senior Finance Dir): $174,120 total reported compensation
- Ericka Powell-Sinclair (Sr. Compliance Dir): $161,831 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build economic power and self-determination in New York City through entrepreneurship support, workforce development, equitable lending, and access to the resources that make businesses thrive.
What it reported doing in 2024
Entrepreneurship, EDUCATIONAL AND TRAINING PROGRAMS - IN SUPPORT OF THE DIRECT ECONOMIC DEVELOPMENT INITIATIVES, THE ORGANIZATION CONDUCTS PROGRAMS that deliver technical assistance to entrepreneurs, PROVIDES TRAINING in ADULT LITERACY, OFFICE AND COMPUTER SKILLS, MENTORING TO YOUNG ADULTS IN THE CRIMINAL Justice System and After School programming.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.
Rating breakdown
- Financial Efficiency: 21
- Transparency & Controls: 95
- Accountability: 88
- Sustainability: 63
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 21.7%; rating input score 22
- Program expense ratio: 24.8%; rating input score 25
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- 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: Yes; rating input score 100
Accountability
- Independent voting board: 80%; rating input score 80; 14th 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: 10.2%; rating input score 63; 63rd percentile among comparable filings
- Total-asset coverage ratio: 5.51; rating input score 85; 85th percentile among comparable filings
- Liabilities to assets ratio: 0.19; rating input score 45; 45th percentile among comparable filings
- Officer compensation ratio: 10.1%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 17th percentile among comparable filings
- Revenue growth: 8.3% per year; rating input score 100; 61st percentile among comparable filings
- Asset growth: 4.3% per year; rating input score 100; 31st percentile among comparable filings
Details
- What they do: 6 programs and campaigns described on the official site · 2 operating locations identified
- Where the money goes: 21.7% of revenue deployed · 24.8% of spending went to programs
- Governance: 8 of 10 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.3M in reported program spending
- Leadership: top reported pay $308K · 16 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $306K reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 14 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 5 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 — Financial Efficiency: Mission deployment rate scored 22/100.
- High — Financial Efficiency: Program expense ratio scored 25/100.
- Moderate — Sustainability: Officer compensation ratio scored 30/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 45/100.