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New York BBB Wise Giving Report for
Greenwich House

A BBB Accredited charity

 



Expiration Date:
08/2015
Name:
Greenwich House
Address:
224 West 30th Street
Suite 302
New York, NY 10001
Phone:
212-991-0003
Year, State Incorporated:
1902, New York
Affiliates:
None
Stated Purpose:
" Since its founding in 1902, Greenwich House has been dedicated to improving the lives of New Yorkers of all ages and backgrounds. The organization offers social and health services, cultural and educational programs, and myriads of opportunities for civic involvement. Greenwich House welcomes all segments of society regardless of age, gender, sexual orientation, race, ethnicity, and religion. "





Evaluation Conclusions
 

              
Greenwich House meets the 20 Standards for Charity Accountability.




Programs
 

              
Services are flexible and responsive, addressing a wide variety of contemporary needs and challenges: early childhood education, drug and alcohol abuse, the mental health of senior citizens and children who have been physically or sexually abused, health care and other services for people living with HIV/AIDS, and arts education enrichment. The professionally trained staff is committed to maintaining excellence in both the programs and the personal services Greenwhich House provides.



Governance
 

              
Chief Executive Officer:
Mr. Roy Leavitt, Executive Director
Compensation*:
$199,635
Chair of the Board:
Dr. Elissa Kramer
Chair's Profession / Business Affiliation:
Retired
Board Size:
21
Paid Staff Size:
224



*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, print advertisements (newspapers, magazines, etc.), radio, internet, planned giving arrangements
Fund raising costs were 9.5% of related contributions. (Related contributions, which totaled $4,651,955, 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 Greenwich House's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Medicaid and other insurance

$6,226,533

Program tuition and fees (less $37,493 in scholarships)

3,902,317

Government grants

3,547,704

Special events (includes $151,747 of donated items) less direct costs of special events

540,944

Contributions

538,544

Net realized and unrealized gain on investments

399,169

Rental income

293,304

Interest and dividend income

49,324

Positive change in value of beneficial interest in remainder trust

27,751

Donated services

24,763

Other income

22,644

Total Income

$15,572,997

Program Expenses  

Substance abuse services

$6,072,046

Children's services

1,550,280

Mental health services

1,482,365

HIV services

1,241,750

Music school

883,716

Pottery school

718,392

Adult services

418,319
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

12,366,868
442,350
2,107,766

$14,916,984

$656,013




Uses of Funds as a % of Total Expenses


Programs: 83%  Fund Raising: 3%  Administrative 14% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $3,396,410
Ending net assets 4,052,423
Total liabilities 4,902,313

Total assets

$8,954,736






 

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.