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New York BBB Wise Giving Report for
Hudson Guild

A BBB Accredited charity

 



Expiration Date:
05/2015
Name:
Hudson Guild
Address:
441 West 26th Street
New York, NY 10001
Phone:
212-760-9800
Year, State Incorporated:
1897, New York
Affiliates:
None
Stated Purpose:
" Hudson Guild's mission is to create and sustain a strong, effective community that acknowledges and responds to the potential, achievements and interdependence of its diverse members. Rooted in and primarily focused on the Chelsea neighborhood, we seek to empower all individuals and families to achieve their highest potential, while maintaining a priority focus on those in economic need. "





Evaluation Conclusions
 

              
Hudson Guild meets the 20 Standards for Charity Accountability.




Programs
 

              
Building on our roots in the settlement house tradition, Hudson Guild takes an integrated, holistic approach to service provision and community building. With a staff of 88 full-time and 41 part-time dedicated employees, the Guild provides services to more than 14,000 people each year through five main program areas: Children and Youth Services, Adult Services, Mental Health Services, Arts Programming and Community Building. With offerings as varied as day care, home-delivered meals for seniors, mental health counseling and live theatre performances, all programs work together to serve the individual as a whole, addressing the range of need for participants while connecting them to each other and the Chelsea community.



Governance
 

              
Chief Executive Officer:
Mr. Ken Jockers, Chief Executive Officer
Compensation*:
$160,000
Chair of the Board:
Mr. Paul F. Balser
Chair's Profession / Business Affiliation:
Hudson Guild
Board Size:
25
Paid Staff Size:
134



*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, internet.
Fund raising costs were 19.8% of related contributions. (Related contributions, which totaled $1,912,131, 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 Hudson Guild's Audited Financial Statements for the fiscal year ended June 30, 2011.

Source of Funds  

Grants and contracts

$4,426,855

Third party insurance fees

1,344,927

Foundation awards

832,012

Contributions

450,549

Contributed rent

402,639

Other income

311,930

Special events

226,931

Program and registration fees

130,310

Rental income

124,345

Interest and dividend income

2,832

Realized and unrealized loss on investments

(708)

Total Income

$8,252,622

Program Expenses  

Early childhood, youth and education services

$4,032,224

Mental health and social services

1,600,284

Senior services

1,151,137

Culture and arts

288,888

Housing and advocacy services

26,779
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

7,099,312
378,592
980,651

$8,458,555

$(205,933)




Uses of Funds as a % of Total Expenses


Programs: 84%  Fund Raising: 5%  Administrative 12% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $7,154,894
Ending net assets 6,948,961
Total liabilities 2,947,442

Total assets

$9,896,403






 

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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.