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New York BBB Wise Giving Report for
Bailey House

A BBB Accredited charity

 


Expiration Date:
08/2013
Name:
Bailey House, Inc.
Formerly known as:
AIDS Resource Center
Address:
1751 Park Avenue
4th Floor
New York, NY 10035
Phone:
212-633-2500
Year, State Incorporated:
1983, New York
Affiliates:
None
Stated Purpose:
" Provide housing and supportive services to people living with HIV/AIDS and to advocate on their behalf. "





Evaluation Conclusions
 

               
Bailey House, Inc. meets the 20 Standards for Charity Accountability.




Programs
 

               
Bailey House works to provide housing for men, women and children living with HIV/AIDS. In addition, the organization provides education, couseling, and job training. The Bailey-Bolt House provides professional care 24 hours a day, 365 days a year. More recently, the organization introduced The Rand Harlan Center for Housing, Community and Wellness center in East Harlem.



Governance
 

               
Chief Executive Officer:
Regina Quattrochi, Chief Executive Officer
Compensation*:
$197,000
Chair of the Board:
Thomas Mellor
Chair's Profession / Business Affiliation:
Bingham McCutchen, LLP
Board Size:
9
Paid Staff Size:
80



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

               
Method(s) Used:

Direct mail appeals, invitations to fund raising events, grant proposals
Fund raising costs were 20.4% of related contributions. (Related contributions, which totaled $1,431,569, are donations received as a result of fund raising activities.)




Tax Status
 

               
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

               
The following information is based on Bailey House's Audited Financial Statements for the fiscal year ended June 30, 2009.

Source of Funds
 

Government Contract Revenues

 $6,951,380

Contributions

 1,104,959

Special Events

 326,610

Resident Fees

 170,090

Interest Income

 4,751

Total Income

$8,557,790

Expenses
 
Program Expenses 

Supportive Housing

$4,859,681

Nonresidential Client Services

1,657,419
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses
Other Expenses
Total expenses

Income in Excess of Expenses

 6,517,100
292,383
1,400,700
314,401
$8,524,584

$33,206



Uses of Funds as a % of Total Expenses


Programs: 77%  Fund Raising: 3%  Administrative 16%  Other Expenses: 4%
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,886,109
Ending net assets 2,031,620
Total liabilities 5,924,224
Total assets
$7,955,844






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.