Neighborhood Coalition for Shelter Inc

Nonprofit profile at a glance

EIN
133176586
IRS 990 coverage
2012–2024
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
2125375100
Rating
77
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Homeless Shelters

Official website

Reported finances

Revenue
$6,055,041
Expenses
$6,490,931
Assets
$9,024,332
Liabilities
$914,015

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

Leadership & pay

26 people listed

Executive titles in this filing

  • DAVID A OLIVER (PRESIDENT)
  • STEPHANIE GUEST (VICE PRESIDENT)
  • STUART N SIEGEL (VICE PRESIDENT)
  • THOMAS J KILKENNY (VICE PRESIDENT)
  • WOLCOTT B DUNHAM JR (VICE PRESIDENT)
  • ANN SHALOF (CHIEF EXECUTIVE OFFICER)

Highest reported compensation

  • ANN SHALOF (CHIEF EXECUTIVE OFFICER): $219,067 total reported compensation
  • NANCY RIEDL (CHIEF DEVELOPMENT OFFICER): $187,578 total reported compensation
  • ROBERT YANCEY (CHIEF PROGRAM OFFICER): $170,932 total reported compensation

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

Overview

Mission

Neighborhood coalition for shelter helps new yorkers who are struggling with homelessness, often compounded by mental illness or substance use, to achieve their highest level of independence. We were established in 1982 by faith and community leaders on manhattan's upper east side who believed that homelessness is the responsibility of the entire community. Today we continue to be guided by the principle that neighbors should help neighbors. Ncs offers an array of housing and supportive services including case management; counseling; substance use treatment; vocational, education and, employment services; and an information and referrals program.

What it reported doing in 2024

Residence program: ncs provides supportive housing, which pairs affordable housing with comprehensive on-site supportive services. This evidence-based approach improves housing stability, particularly for chronically homeless individuals, as well as employment status and mental and physical health. Ncs operates a 65-unit permanent supportive residence in manhattan for chronically homeless single adults and a 46 unit residence in the bronx that provides supportive housing to young adults who are homeless or have aged out of foster care. In addition, ncs now operates ncs scholars, a program in long island city, queens, that provides housing and on-site supportive services for up to 29 college students who are homeless or unstably housed while pursuing their degrees.

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.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 66
  • Transparency & Controls: 80
  • Accountability: 100
  • Sustainability: 33
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 70.7%; rating input score 71
  • Program expense ratio: 65.2%; rating input score 65
  • Fundraising efficiency: $10.9 raised per $1 spent on fundraising; rating input score 40; 40th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • 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: 100%; rating input score 100; 63rd 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: -7.2%; rating input score 17; 17th percentile among comparable filings
  • Total-asset coverage ratio: 1.39; rating input score 49; 49th percentile among comparable filings
  • Liabilities to assets ratio: 0.1; rating input score 58; 58th percentile among comparable filings
  • Officer compensation ratio: 9.7%; rating input score 31; 31st percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 5.5% per year; rating input score 100; 45th percentile among comparable filings
  • Asset growth: 12.8% per year; rating input score 100; 68th percentile among comparable filings

Details

  • Where the money goes: 70.7% of revenue deployed · 65.2% of spending went to programs
  • Governance: 22 of 22 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $4.2M in reported program spending
  • Leadership: top reported pay $219K · 26 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 4 contractors listed · $848K reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 12 filing years from 2012 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 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.

  • Moderate — Financial Efficiency: Fundraising efficiency scored 40/100.
  • High — Sustainability: Operating margin scored 17/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 49/100.
  • Moderate — Sustainability: Officer compensation ratio scored 31/100.
  • Review — Sustainability: Liabilities to assets ratio scored 58/100.