Iris House - a Center for Women Living with HIV Inc

Nonprofit profile at a glance

EIN
133699201
IRS 990 coverage
2018–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
6465480100
Rating
84
Verdict
STRONG
Rating confidence
Moderate
Sector
AIDS

Official website

Reported finances

Revenue
$10,356,991
Expenses
$10,444,265
Assets
$13,961,939
Liabilities
$8,464,703

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

Leadership & pay

11 people listed

Executive titles in this filing

  • INGRID FLOYD (EXECUTIVE DIRECTOR)
  • MICHAEL SMIRLOCK (DEPUTY EXECUTIVE DIRECTOR)
  • MICHAEL WEINSTEIN (PRESIDENT)

Highest reported compensation

  • INGRID FLOYD (EXECUTIVE DIRECTOR): $273,239 total reported compensation
  • OFELIA BARRIOS (SR DIRECTOR OF COMMUNITY HEALTH INITIATIVE): $141,768 total reported compensation
  • MICHAEL SMIRLOCK (DEPUTY EXECUTIVE DIRECTOR): $134,904 total reported compensation

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

Overview

Mission

Iris House provides comprehensive services and advocacy for women, families, and communities infected with and affected by HIV/AIDS, while simultaneously providing prevention and education services for our clients and at-risk communities.

What it reported doing in 2024

HOUSING PROGRAMS Iris House governs three specialized scatter site housing programs that serve adults living with HIV Scatter Site Housing funded by HASA and or diagnosed with mental health or substance use disorders Housing Opportunities for People Living with HIV/AIDS HOPWA and NYCDOHMH IRIS NY 15/15. These programs provide not only housing but also a range of comprehensive case management services tailored to meet the unique needs of our clients. Services provided to clients include client collaboration on goal/service plans, comprehensive assessments, internal referrals e.g., Iris House food pantry and external referrals mental health, employment assistance, educational resources along with legal and immigration support. In response to requests from clients aging with HIV for more health and movement-based activities, Iris House launched a monthly dance class in 2024. This initiative is open to SSHP clients, community members, and other housing program participants to promote physical activity and wellness.

Operating model

Revenue model
Grant-funded. 72% 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: 83
  • Transparency & Controls: 79
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 83.6%; rating input score 84
  • Program expense ratio: 82.9%; rating input score 83
  • Fundraising efficiency: $48.14 raised per $1 spent on fundraising; rating input score 75; 75th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: 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: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -0.8%; rating input score 27; 27th percentile among comparable filings
  • Total-asset coverage ratio: 1.34; rating input score 47; 47th percentile among comparable filings
  • Liabilities to assets ratio: 0.61; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 7.7%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 5.4% per year; rating input score 100; 45th percentile among comparable filings
  • Revenue growth: 6.6% per year; rating input score 100; 56th percentile among comparable filings
  • Asset growth: 23.2% per year; rating input score 100; 92nd percentile among comparable filings

Details

  • Where the money goes: 83.6% of revenue deployed · 82.9% of spending went to programs
  • Governance: 6 of 6 board members independent · 8 of 8 filing controls reported
  • Programs: 3 filed program accomplishments · $8.7M in reported program spending
  • Leadership: top reported pay $273K · 11 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 32 of 32 current checks pass
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 6 filing years from 2018 to 2024
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • 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 27/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 47/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.