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New York BBB Wise Giving Report for
Goddard Riverside Community Center

A BBB Accredited charity

 



Expiration Date:
06/2015
Name:
Goddard Riverside Community Center
Address:
593 Columbus Avenue
New York, NY 10024
Phone:
212-873-6600
Web Site:
Year, State Incorporated:
1959, New York
Affiliates:
None
Stated Purpose:
" Works to meet people's basic needs: food, shelter, education, and to bring them together for mutual aid and social action and to celebrate our richness as a society. We build community and change lives through services such as youth programs, college counseling, supportive housing, and assistance to homeless people and older adults in Manhattan. "





Evaluation Conclusions
 

              
Goddard Riverside Community Center meets the 20 Standards for Charity Accountability.




Programs
 

              
Goddard Riverside Community Center offers programs at sites in and around the Upper West Side and West Harlem areas of Manhattan. Programs are available for children, youth and families, homeless people, older adults, and advocacy and tenant assistance. The organization develops and manages affordable housing and organizes a range of community arts and events such as youth after school programs and career counseling. Within each program area is a continuum of services and activities that helps participants achieve personal goals, connect with a community, and become more effective advocates for what they believe.



Governance
 

              
Chief Executive Officer:
Mr. Stephan Russo, Executive Director
Compensation*:
$200,797
Chair of the Board:
Ms. Betsy Newell
Chair's Profession / Business Affiliation:
Director, Park Avenue Christian Church Day School
Board Size:
50
Paid Staff Size:
373



*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 13.1% of related contributions. (Related contributions, which totaled $5,995,956, 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 Goddard Riverside Community Center's Audited Financial Statements for the fiscal year ended June 20, 2011.

Source of Funds  

Government Grants

$16,442,078

Contributions

5,226,423

Net Investment Income

1,663,890

Program Fees

1,535,852

Benefits (net of $253,602)

1,046,968

Reimbursements from Affiliates

845,048

In-kind Services

769,533

Other

29,914

Total Income

$27,559,706

Program Expenses  

Housing and Homeless

$12,893,826

Preschool

4,443,963

Youth

2,497,965

Senior Citizens and Adults

1,828,301
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

21,664,055
787,805
2,163,912

$24,615,772

$2,943,934




Uses of Funds as a % of Total Expenses


Programs: 88%  Fund Raising: 3%  Administrative 9% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $16,194,555
Ending net assets 19,138,489
Total liabilities 4,190,782

Total assets

$23,329,271






 

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