You are now searching

   

New York BBB Wise Giving Report for
Partnership for the Homeless

A BBB Accredited charity

 



Expiration Date:
09/2015
Name:
Partnership for the Homeless
Address:
305 Seventh Avenue
13th Floor
New York, NY 10001
Phone:
212-645-3444
Year, State Incorporated:
1982, New York
Affiliates:
None
Stated Purpose:
" Committed to building a just and equitable society and creating lasting community change through solution-oriented programs and policy initiatives that eliminate the root causes of homelessness. "





Evaluation Conclusions
 

              
Partnership for the Homeless meets the 20 Standards for Charity Accountability.




Programs
 

              
The Partnership for the Homeless works to break the cycle of homelessness by providing a wide array of services to address the complex needs of the homeless. The organization operates a Family Resource Center which supports newly housed families and families at risk of losing their housing. Furnish a Future provides free furniture to newly housed, formerly homeless families and individuals. The organization also has Older Adult Services such as a Senior Employment Program and Peter's Place, a center open 24 hours and 7 days a week for elderly who are homeless. The organization offers HIV/AIDS services integrating outreach, access to care, intensive case management, housing assistance, HIV prevention, legal services, independent life skills, training/support groups and aftercare



Governance
 

              
Chief Executive Officer:
Mr. Arnold Cohen, CEO
Compensation*:
$210,000
Chair of the Board:
Mr. Donald H. Layton
Chair's Profession / Business Affiliation:
CEO / Freddie Mac
Board Size:
6
Paid Staff Size:
33



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




Fund Raising
 

              
Method(s) Used:


Direct Mail Appeals, Invitations To Fundraising Events, Grant Proposals, Internet.
Fundraising costs were 21.9% of related contributions. (Related contributions, which totaled $1,998,374, 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 Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Service fees from government agencies

$2,241,937

Contributions and grants

1,857,907

Service contracts with other agencies

855,862

DMH pass-thru

508,750

In-kind contributions

71,746

Fundraising events, net of direct expense

68,721

Interest

2,642

Total Income

$5,607,565

Program Expenses  

Services for children and families

$1,822,519

Housing and services for HIV+ individuals

952,787

The senior employment program

655,112

DMH pass-thru

508,750

Emergency shelter Network and outreach

149,511

Furnish-A-Future

45,124

Research

11,423
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Expenses in Excess of Income

4,145,226
438,517
1,062,484

$5,646,227

$(38,662)




Uses of Funds as a % of Total Expenses


Programs: 73%  Fund Raising: 8%  Administrative 19% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $3,415,972
Ending net assets 3,377,310
Total liabilities 969,031

Total assets

$4,346,341






 

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.