Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: HOME CARE PROGRAM

  total $28,424,622 · related or exempt $28,424,622

• 2b · Program service revenue: QUALITY INCENTIVE VITAL ACCESS PR

  total $2,819,183 · related or exempt $2,819,183

• 3 · Investment income

  total $201,298 · excluded $201,298

• 7a · Gross sales of assets other than inventory

  securities $792,010

• 7b · Less cost or other basis and sales expenses

  securities $767,558

• 7c · Gain or loss

  securities $24,452

• 7d · Net gain or loss

  total $24,452 · excluded $24,452

• 11a · Other revenue: OTHER INCOME

  total $226,949 · related or exempt $226,949

• 11e · Other revenue, total

  $226,949

Functional expenses

Part IX, the statement of functional expenses.

• 5 · Compensation of officers, directors and key employees

  total $651,537 · program services $403,952 · management and general $247,585

• 7 · Other salaries and wages

  total $21,879,190 · program services $20,264,969 · management and general $1,614,221

• 8 · Pension plan contributions

  total $344,077 · program services $324,829 · management and general $19,248

• 9 · Other employee benefits

  total $2,766,840 · program services $2,544,294 · management and general $222,546

• 10 · Payroll taxes

  total $2,544,116 · program services $2,319,914 · management and general $224,202

• 11f · Fees: investment management

  total $12,792 · management and general $12,792

• 11g · Fees: other

  total $276,106 · program services $56,243 · management and general $219,863

• 12 · Advertising and promotion

  total $3,588 · management and general $3,588

• 13 · Office expenses

  total $40,840 · management and general $40,840

• 14 · Information technology

  total $167,045 · program services $133,154 · management and general $33,891

• 16 · Occupancy

  total $164,737 · management and general $164,737

• 17 · Travel

  total $2,042 · management and general $2,042

• 19 · Conferences, conventions and meetings

  total $4,531 · management and general $4,531

• 22 · Depreciation, depletion and amortization

  total $12,547 · management and general $12,547

• 23 · Insurance

  total $42,298 · management and general $42,298

• 24a · Other expenses: BAD DEBT

  total $523,000 · management and general $523,000

• 24b · Other expenses: HFCAP FEE

  total $97,418 · program services $97,418

• 24c · Other expenses: MEDICAL EXAMINATIONS

  total $89,867 · program services $89,867

• 24d · Other expenses: REPAIR AND MAINTENANCE

  total $22,287 · management and general $22,287

• 24e · All other expenses

  total $37,842 · management and general $37,842

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $5,185,208 · end of year $6,340,684

• 2 · Savings and temporary cash investments

  beginning of year $3,006,931 · end of year $825,931

• 4 · Accounts receivable

  beginning of year $3,533,289 · end of year $3,794,357

• 9 · Prepaid expenses and deferred charges

  beginning of year $87,247 · end of year $61,660

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

  $137,810

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

  $99,927

• 10c · Land, buildings and equipment, net

  beginning of year $47,086 · end of year $37,883

• 11 · Investments: publicly traded securities

  end of year $3,104,083

• 15 · Other assets

  beginning of year $25,246 · end of year $907,484

• 17 · Accounts payable and accrued expenses

  beginning of year $4,099,536 · end of year $4,050,541

• 19 · Deferred revenue

  beginning of year $240,554 · end of year $704,796

• 25 · Other liabilities

  beginning of year $446,234 · end of year $1,125,452

• 27 · Net assets without donor restrictions

  beginning of year $6,381,210 · end of year $9,191,293

• 28 · Net assets with donor restrictions

  beginning of year $717,473 · end of year $0

The filer's explanations (Part III)

PART I, LINE 3

THE EXECUTIVE DIRECTOR'S COMPENSATION IS ESTABLISHED BY THE RELATED ORGANIZATION, ST. NICKS ALLIANCE CORPORATION.

PART I, LINE 7

ADMINISTRATIVE BONUSES ARE APPROVED BY: THE EXECUTIVE DIRECTOR, THE DIRECTOR OF FINANCE, AND THE DIRECTOR OF ELDER CARE

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

• 609 METROPOLITAN AVENUE ASSOCIATES LP

  AFFORDABLE HOUSING · NY

• 695 GRAND STREET LLP

  AFFORDABLE HOUSING · NY

• MSGR VETRO ASSOCIATES

  AFFORDABLE HOUSING · NY

• 120 GERRY STREET LIMITED PARTNERSHIP

  AFFORDABLE HOUSING · NY

• JENNINGS HALL LP

  AFFORDABLE HOUSING · NY

• 270 PULASKI LP

  AFFORDABLE HOUSING · NY

• NORTH BROOKLYN ESTATES LP

  AFFORDABLE HOUSING · NY

• KINGS VILLAS LLC

  AFFORDABLE HOUSING · NY

• DEKALB COMMOUNS NY LLC

  AFFORDABLE HOUSING · NY

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• DEKALB COMMONS NY MANAGERS CORP

  C · AFFORDABLE HOUSING · NY