Homes for the Homeless
Legal name: Homes for the Homeless Inc
Nonprofit profile at a glance
- EIN
- 133351420
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, US
- Phone
- (212) 529-5252
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Homeless Centers
Reported finances
- Revenue
- $58,998,655
- Expenses
- $59,219,188
- Assets
- $18,152,275
- Liabilities
- $14,390,413
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
22 people listed
Executive titles in this filing
- JOHN H GREENWOOD (EXECUTIVE DIRECTOR)
- GRETCHEN J HERNANDEZ (DEPUTY EXECUTIVE DIRECTOR)
Highest reported compensation
- JOHN H GREENWOOD (EXECUTIVE DIRECTOR): $394,442 total reported compensation
- GRETCHEN J HERNANDEZ (DEPUTY EXECUTIVE DIRECTOR): $278,171 total reported compensation
- YUEQIN LI (DIRECTOR OF FINANCE): $234,434 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
HFH operates shelters for families experiencing homelessness in NYC. Our family residences are more than just a place to sleep. Families can make the most of their stay through accessing an array of onsite programs. Many of these programs are also available to people living in the local community. Our goal is to have a positive impact so families can thrive long after they leave our shelters.
What it reported doing in 2024
See schedule oon any given day, 720 families with 780 children reside in our six family residences in the bronx, manhattan, queens, and staten island. In calendar year 2024, 1,654 unique families were served throughout the year and hfh served over 391,000 meals to families in need. From 2022 to 2023, hfh decreased the average family length of stay in its shelters by 8%.on-site services for families included case management with individualized service plans including referrals to both on-site and community-based services and partnerships ranging from medical vans and eyeglass evaluation to transportation to view apartments to resume and job preparation.allie's place center for education & employment provided free, hands-on job training for adults from any hfh family residence, as well as members of the local community. In 2024, 138 people graduated from the program with 40% employed since completion of the program. The center also added a pastry arts training track and began developing a hospitality program to give graduates exposure to "front-of-the-house" skills like beverage service, hosting, and more. Hfh provides an array of on-site programs for children. Some sites have on-site early childhood education centers, where children from the site and the community learn together in nyc doe 3-k and pre-k classes. Other sites operate on-site daycare or afterschool programs available to youngsters while their parents are working or attending appointments. Highlights in 2023 included field trips, partnerships, and artist-in-residence programs featuring collaborations from teaching artists in the fields of creative writing, music, dance and movement, and a host of other genres. Homework help, fashion and talent shows, and time playing outside were also at the top of the list in recreation and afterschool.families also participated in family engagement activities to celebrate milestones like mother's and father's day, family portraits and trick or treating for halloween, and so much more.
Operating model
- Revenue model
- Grant-funded. 86% 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: 78
- Transparency & Controls: 85
- Accountability: 91
- Sustainability: 22
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 88.5%; rating input score 88
- Program expense ratio: 88.1%; rating input score 88
- 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: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: 92.3%; rating input score 92; 41st percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: -0.4%; rating input score 25; 25th percentile among comparable filings
- Total-asset coverage ratio: 0.31; rating input score 10; 10th percentile among comparable filings
- Liabilities to assets ratio: 0.79; rating input score 18; 18th percentile among comparable filings
- Officer compensation ratio: 2.7%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 9.7% per year; rating input score 100; 73rd percentile among comparable filings
- Revenue growth: 7.6% per year; rating input score 100; 64th percentile among comparable filings
- Asset growth: 7.4% per year; rating input score 100; 54th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 6 operating locations identified
- Where the money goes: 88.5% of revenue deployed · 88.1% of spending went to programs
- Governance: 12 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $52.2M in reported program spending
- Leadership: top reported pay $394K · 22 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.8M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 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: 7 filed money-flow records
- Related organizations: 3 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Sustainability: Operating margin scored 25/100.
- High — Sustainability: Total-asset coverage ratio scored 10/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 18/100.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.