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Nonprofiteer
← HOMES FOR THE HOMELESS INC

Form 990 for tax year 2023

Filed by HOMES FOR THE HOMELESS INC.

Totals

Total revenue
$57,549,675
Total expenses
$56,755,775
Contributions and grants received
$51,154,399
Grants paid
$0
Program service revenue
$0
Investment income
$66,118
Other revenue
$6,329,158
Total assets, end of year
$16,627,828
Total liabilities, end of year
$12,645,433
Net assets or fund balances, end of year
$3,982,395
Program services expenses (Part IX)
$51,181,823
Management and general expenses
$5,573,952
Fundraising expenses
$0
Program service expenses (Part III)
$51,181,823

Program services were 90.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1d · Related organizations

    $942,759

  • 1e · Government grants (contributions)

    $49,725,644

  • 1f · All other contributions, gifts and grants

    $485,996

  • 1g · Noncash contributions included above

    $243,876

  • 3 · Investment income

    total $66,118 · excluded $66,118

  • 11a · Other revenue: THIRD PARTY REIMB.

    total $5,015,711 · excluded $5,015,711

  • 11b · Other revenue: MGMT FEES (RELATED)

    total $1,304,575 · excluded $1,304,575

  • 11c · Other revenue: MISCELLANEOUS INCOME

    total $8,872 · excluded $8,872

  • 11e · Other revenue, total

    $6,329,158

Functional expenses

Part IX, the statement of functional expenses.

  • 5 · Compensation of officers, directors and key employees

    total $652,140 · program services $587,286 · management and general $64,854

  • 6 · Compensation of disqualified persons

    total $41,705 · program services $37,558 · management and general $4,147

  • 7 · Other salaries and wages

    total $19,767,304 · program services $17,801,504 · management and general $1,965,800

  • 8 · Pension plan contributions

    total $639,800 · program services $389,074 · management and general $250,726

  • 9 · Other employee benefits

    total $4,206,674 · program services $3,602,591 · management and general $604,083

  • 10 · Payroll taxes

    total $1,585,289 · program services $1,331,295 · management and general $253,994

  • 11b · Fees: legal

    total $159,810 · program services $388 · management and general $159,422

  • 11c · Fees: accounting

    total $256,714 · management and general $256,714

  • 11g · Fees: other

    total $743,169 · program services $651,498 · management and general $91,671

  • 12 · Advertising and promotion

    total $1,432 · program services $1,074 · management and general $358

  • 13 · Office expenses

    total $7,232,418 · program services $6,975,444 · management and general $256,974

  • 16 · Occupancy

    total $15,803,212 · program services $15,236,404 · management and general $566,808

  • 17 · Travel

    total $193,257 · program services $181,233 · management and general $12,024

  • 19 · Conferences, conventions and meetings

    total $8,013 · program services $29 · management and general $7,984

  • 20 · Interest

    total $48 · management and general $48

  • 22 · Depreciation, depletion and amortization

    total $1,202,938 · program services $1,142,103 · management and general $60,835

  • 23 · Insurance

    total $929,981 · program services $317,045 · management and general $612,936

  • 24a · Other expenses: FURNISHING/EQUIPMENT

    total $1,692,951 · program services $1,368,462 · management and general $324,489

  • 24b · Other expenses: RESIDENT MEALS

    total $1,385,981 · program services $1,384,144 · management and general $1,837

  • 24c · Other expenses: POSTAGE, PRINTING & ADV

    total $42,248 · program services $19,630 · management and general $22,618

  • 24d · Other expenses: VEHICLES RENTAL

    total $26,503 · program services $26,503

  • 24e · All other expenses

    total $184,188 · program services $128,558 · management and general $55,630

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $1,283,400 · end of year $1,449,238

  • 2 · Savings and temporary cash investments

    beginning of year $526,575 · end of year $266,273

  • 4 · Accounts receivable

    beginning of year $3,638,228 · end of year $7,325,632

  • 9 · Prepaid expenses and deferred charges

    beginning of year $11,356 · end of year $53,679

  • 10a · Land, buildings and equipment: cost or other basis

    $20,469,526

  • 10b · Land, buildings and equipment: accumulated depreciation

    $14,315,584

  • 10c · Land, buildings and equipment, net

    beginning of year $5,617,438 · end of year $6,153,942

  • 15 · Other assets

    beginning of year $1,963,139 · end of year $1,379,064

  • 17 · Accounts payable and accrued expenses

    beginning of year $2,402,160 · end of year $3,049,832

  • 25 · Other liabilities

    beginning of year $7,563,437 · end of year $9,595,601

  • 27 · Net assets without donor restrictions

    beginning of year $3,074,539 · end of year $3,982,395

Mission and programs · 2023

Mission

THE MISSION OF HOMES FOR THE HOMELESS IS TO HELP FAMILIES EXPERIENCING HOMELESSNESS ADDRESS THE ISSUE THAT CREATES INSTABILITY IN THEIR LIVES. HFH OPERATES SHELTERS FOR FAMILIES EXPERIENCING HOMELESSNESS IN NYC. OUR FAMILY RESIDENCES ARE MORE THAN JUST A PLACE TO SLEEP. FAMILIES CAN MAKE THE MOST OF THEIR STAY THROUGH ACCESSING AN ARRAY OF ONSITE PROGRAMS. MANY OF THESE PROGRAMS ARE ALSO AVAILABLE TO PEOPLE LIVING IN THE LOCAL COMMUNITY. OUR GOAL IS TO HAVE A POSITIVE IMPACT SO FAMILIES CAN THRIVE LONG AFTER THEY LEAVE OUR SHELTERS.

Activities or mission (Part I)

TO PROVIDE HOMELESS FAMILIES WITH THE OPPORTUNITY AND SUPPORT TO LIVE INDEPENDENTLY.

  • SEE SCHEDULE OON ANY GIVEN DAY, 720 FAMILIES WITH 780 CHILDREN RESIDE IN OUR SIX FAMILY RESIDENCES IN THE BRONX, MANHATTAN, QUEENS, AND STATEN ISLAND. IN CALENDAR YEAR 2023, 1,159 UNIQUE FAMILIES WERE SERVED THROUGHOUT THE YEAR. FROM 2022 TO 2023, HFH DECREASED THE AVERAGE FAMILY LENGTH OF STAY IN ITS SHELTERS BY 8%.ON-SITE SERVICES FOR FAMILIES INCLUDED CASE MANAGEMENT WITH INDIVIDUALIZED SERVICE PLANS INCLUDING REFERRALS TO BOTH ON-SITE AND COMMUNITY-BASED SERVICES AND PARTNERSHIPS RANGING FROM MEDICAL VANS AND EYEGLASS EVALUATION TO TRANSPORTATION TO VIEW APARTMENTS TO RESUME AND JOB PREPARATION.ALLIE'S PLACE CENTER FOR EDUCATION & EMPLOYMENT PROVIDED FREE, HANDS-ON JOB TRAINING FOR ADULTS FROM ANY HFH FAMILY RESIDENCE, AS WELL AS MEMBERS OF THE LOCAL COMMUNITY. IN 2023, 132 PEOPLE GRADUATED FROM THE PROGRAM WITH 40% EMPLOYED SINCE COMPLETION OF THE PROGRAM. THE CENTER ALSO ADDED A PASTRY ARTS TRAINING TRACK AND BEGAN DEVELOPING A HOSPITALITY PROGRAM TO GIVE GRADUATES EXPOSURE TO "FRONT-OF-THE-HOUSE" SKILLS LIKE BEVERAGE SERVICE, HOSTING, AND MORE.HFH PROVIDES AN ARRAY OF ON-SITE PROGRAMS FOR CHILDREN. SOME SITES HAVE ON-SITE EARLY CHILDHOOD EDUCATION CENTERS, WHERE CHILDREN FROM THE SITE AND THE COMMUNITY LEARN TOGETHER IN NYC DOE 3-K AND PRE-K CLASSES. OTHER SITES OPERATE ON-SITE DAYCARE OR AFTERSCHOOL PROGRAMS AVAILABLE TO YOUNGSTERS WHILE THEIR PARENTS ARE WORKING OR ATTENDING APPOINTMENTS. HIGHLIGHTS IN 2023 INCLUDED FIELD TRIPS, PARTNERSHIPS, AND ARTIST-IN-RESIDENCE PROGRAMS FEATURING COLLABORATIONS FROM TEACHING ARTISTS IN THE FIELDS OF CREATIVE WRITING, MUSIC, DANCE AND MOVEMENT, AND A HOST OF OTHER GENRES. HOMEWORK HELP, FASHION AND TALENT SHOWS, AND TIME PLAYING OUTSIDE WERE ALSO AT THE TOP OF THE LIST IN RECREATION AND AFTERSCHOOL.FAMILIES ALSO PARTICIPATED IN FAMILY ENGAGEMENT ACTIVITIES TO CELEBRATE MILESTONES LIKE MOTHER'S AND FATHER'S DAY, FAMILY PORTRAITS AND TRICK OR TREATING FOR HALLOWEEN, AND SO MUCH MORE.

    Expenses $51,181,823

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAVID WEBB

    CHAIR

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • HARRIS BARER

    SECRETARY

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • SUSANNE HUROWITZ

    TREASURER

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • STEVEN COHEN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • SHELLY FRIEDMAN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • HELAINE BARNETT

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • MICHAEL KALMUS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 6 related

  • ANDREA STERN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • RICHARD FINKELSTEIN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • PETER K JENIK

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • DANE WESLEY

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • STEVE KRAUSE

    BOARD MEMBER (THRU 08/2023)

    Total calculated
    $0
    Hours/week
    2 + 4 related

  • PAIGE BARTELS

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • LUKE NASTA

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2

  • LEONARD STERN

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • RALPH NUNEZ

    BOARD MEMBER

    Total calculated
    $41,130
    From this org
    $0
    From related orgs
    $0
    Other
    $41,130
    Hours/week
    2 + 6 related

  • JOHN H GREENWOOD

    EXECUTIVE DIRECTOR

    Total calculated
    $344,108
    From this org
    $295,689
    From related orgs
    $0
    Other
    $48,419
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $274,689
    Bonus
    $0
    Other
    $21,000
    Deferred
    $29,752
    Nontaxable benefits
    $18,667
    Filer's total
    $344,108

  • GRETCHEN J HERNANDEZ

    DEPUTY EXECUTIVE DIRECTOR

    Total calculated
    $251,953
    From this org
    $197,116
    From related orgs
    $0
    Other
    $54,837
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $176,116
    Bonus
    $0
    Other
    $21,000
    Deferred
    $20,035
    Nontaxable benefits
    $34,802
    Filer's total
    $251,953

  • AARON GOODMAN

    CHIEF ADMIN OFF. (THUR 08/2023)

    Total calculated
    $188,280
    From this org
    $159,335
    From related orgs
    $0
    Other
    $28,945
    Hours/week
    34 + 6 related

    Schedule J breakdown matched by us

    Base
    $148,835
    Bonus
    $0
    Other
    $10,500
    Deferred
    $16,085
    Nontaxable benefits
    $12,860
    Filer's total
    $188,280

  • YUEQIN LI

    DIRECTOR OF FINANCE

    Total calculated
    $212,052
    From this org
    $149,900
    From related orgs
    $0
    Other
    $62,152
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $146,650
    Bonus
    $0
    Other
    $3,250
    Deferred
    $5,313
    Nontaxable benefits
    $56,839
    Filer's total
    $212,052

  • CARLOS SANTOS

    CONTROLLER

    Total calculated
    $141,898
    From this org
    $113,175
    From related orgs
    $0
    Other
    $28,723
    Hours/week
    40

  • JAMES HERNANDEZ

    CHIEF OF STAFF

    Total calculated
    $131,242
    From this org
    $106,078
    From related orgs
    $0
    Other
    $25,164
    Hours/week
    40

  • ANNAMARIA SANTORO

    SENIOR DIRECTOR OF OPERATIONS

    Total calculated
    $113,675
    From this org
    $103,844
    From related orgs
    $0
    Other
    $9,831
    Hours/week
    40

  • MICHAEL FAHY

    ADMINISTRATOR

    Total calculated
    $191,215
    From this org
    $120,766
    From related orgs
    $0
    Other
    $70,449
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $120,766
    Bonus
    $0
    Other
    $0
    Deferred
    $32,353
    Nontaxable benefits
    $38,096
    Filer's total
    $191,215

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
13 May 2025
IRS schema version
2023v6.0
Source object
202511339349301006

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