The Bronx Neighborhood Housing

Nonprofit profile at a glance

EIN
471006046
IRS 990 coverage
2014–2025
Forms available
Form 990 2025
Location
Bronx, NY, USA
Rating
74
Verdict
SUPPORTED
Rating confidence
Standard

Reported finances

Revenue
$1,481,154
Expenses
$1,812,235
Assets
$693,131
Liabilities
$337,975

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

8 people listed

Executive titles in this filing

  • Gladstone Johnson (Executive Director)

People named in this filing

  • Gladstone Johnson (Executive Director)
  • Grace OSullivan (Secretary)
  • Melody Crooks (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide essential services to revitalize communities and address emerging needs while empowering residents to achieve self sufficiency

What it reported doing in 2025

During 2025, BNHS provided a broad range of housing, financial, tax and community support services to Bronx residents and surrounding communities. The Pre-Purchase program secured 50 mortgage pre-approvals with a total value of $14,720,561. Overall, the organization secured $932,000 in grant assistance during the year. 20 clients completed home closings, including 15 who received grant assistance and 5 who closed without grants. The Clean Energy program served 46 clients, who were awarded a total of $460,395 in grants for energy efficiency and weatherization improvements.In addition, the Healthy Home Production Grant supported the completion of improvements on 6 homes with $150,000 expended in 2025. The Tax Preparation program served 2,427 clients and generated $5,165,829 in tax refunds for participating households. Foreclosure Prevention services assisted 41 clients, resulting in 5 approved loan modifications and 9 additional modification cases pending at year-end. The Home Repair program served 70 clients. Of these, 8 received retrofit assistance, 15 obtained HELOC loans, 10 were referred to the HomeFix grant program, and 15 were submitted for Project Helps grants, with 8 approvals totaling $200,000. An additional 32 clients were placed on a waiting list for future grant opportunities. Bronx NHS also participated in the New York City Tax Lien initiative involving 4,881 homes identified for lien sale. Through advocacy and case assistance, 2,306 homes were removed from the lien sale list by helping homeowners secure payment plans and correcting listing errors. The Pathways Forward wraparound services program screened 400 clients and connected them to agencies providing food assistance, housing support, and workforce development services. Bronx NHS also conducted 2 Securing Your Legacy workshops that educated 150 clients on wills and trusts, and 10 individuals remained in the pipeline for follow-up estate planning services at year-end. Through marketing and outreach, Bronx NHS actively engaged a network of more than 11,000 contacts. The organization distributed 4 newsletters, maintained an active social media presence, and generated a steady flow of new applicants, with more than 3,500 client intakes recorded in 2025.

Operating model

Revenue model
Grant-funded. 63% of the money available for current operations came from government grants.
Distribution model
Direct operator. The filing allocates 83% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing does not identify recipients for some grant dollars and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 84
  • Transparency & Controls: 61
  • Accountability: 82
  • Sustainability: 19
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 93.8%; rating input score 94
  • Program expense ratio: 76.7%; rating input score 77
  • Fundraising efficiency: $21.06 raised per $1 spent on fundraising; rating input score 57; 57th percentile among comparable filings

Transparency & Controls

  • Consistency checks: 88.2%; rating input score 88; 4th percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 0%; rating input score 0; 15th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 4 of 7 controls in place; rating input score 57
    • Conflict-of-interest policy: Fail
    • Whistleblower policy: Fail
    • Document-retention policy: Fail
    • CEO compensation review process: NotApplicable
    • 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: -22.4%; rating input score 6; 6th percentile among comparable filings
  • Total-asset coverage ratio: 0.38; rating input score 19; 19th percentile among comparable filings
  • Liabilities to assets ratio: 0.49; rating input score 12; 12th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 78; 78th percentile among comparable filings

Growth

  • Program expense growth: 15.3% per year; rating input score 100; 71st percentile among comparable filings
  • Revenue growth: 15.4% per year; rating input score 100; 75th percentile among comparable filings
  • Asset growth: 15.3% per year; rating input score 100; 70th percentile among comparable filings

Details

  • Where the money goes: 93.8% of revenue deployed · 76.7% of spending went to programs
  • Governance: 7 of 7 board members independent · 4 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $1.4M in reported program spending
  • Leadership: top reported pay $0 · 8 people listed
  • Consistency: 24 of 26 current checks pass · 2 findings to review
  • Schedules: 4 filed schedules · includes grants
  • Filing history: 8 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Transparency & Controls: Grant itemization coverage scored 0/100.
  • Review — Accountability: Governance controls: 3 of 7 not reported.
  • High — Sustainability: Operating margin scored 6/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 57/100.
  • High — Sustainability: Total-asset coverage ratio scored 19/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • Review — Transparency & Controls: Domestic grant itemization did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 12/100.