Nazareth Housing Inc

“Prior to filing the 990 return, the 990 is reviewed by the audit committee. The audit committee recommends edits, and then makes a final recommendation to the full board for its approval. The board reviews at a regularly scheduled or special meeting for discussion and final approval.”

“Annually, officers/directors sign a conflict of interest policy. The employee policy on conflict of interest is reviewed and provided in writing at time of hire. Staff are required to notify the executive director of any potential conflict of interest. Failure to do so is cause for corrective action up to and including termination. Employees sign an acknowledgement. The board policy is posted on the website. The employee policy is in the employee handbook and available on request. Individuals with a potential conflict of interest are recused from decision-making and board deliberation until the conflict if resolved.”

“Survey data plus performance ratings determine the salary recommendation for the executive director which is presented to the full board for review and approval. A similar process is completed for staff members using survey data. Individual performance evaluations are reviewed and approved by the executive director. As part of the board assessment of the executive director, officers of the board discuss the executive director's compensation and recommend adjustment to the full board for approval. This process was last undertaken in fy24.”

“The organization makes its form 990 available for public inspection as required under section 6104 of the internal revenue code. The return is posted on the organization's website, guidestar.org and other similar types of websites. In addition, the financial statements, conflict of interest policy, articles of incorporation and by-laws are also available upon written request or by calling the organization directly.”

“Born out of the lower east side's urban homesteading movement, nazareth housing was founded in 1983 to provide support services to the neighborhood's most vulnerable families and individuals. Today we serve new yorkers seeking assistance from all five boroughs. All of our services are delivered with the goal of empowering our clients and providing them with the tools and resources to achieve housing stability and economic well-being. Whether a client is threatened with eviction, suffering from food insecurity, or looking to stabilize their household finances, our expert staff has both the skills and the understanding needed not only to address the immediate problem, but to tackle its underlying causes. In fy24 nazareth housing served a total of 5,744 individuals. Over the course of the year 83 individuals representing 27 households resided in our emergency family shelter, and 44 households called our permanent supportive housing home. Of the 624 households that came to us on the verge of eviction, 100% remained stably housed. 2,175 at-risk individuals received some form of case management through 13,235 points of contact with case management staff. Our vita free tax preperation site prepared 829 free tax returns for ourlow-income community members, returning $1.4 million to our community. Our hssp case managers screened 100% of clients for benefits eligibility; 21% of our clients were enrolled in entitlements programs to stretch their budget dollars and strengthen their financial security. Over the course of the year, 68,948 duplicated individuals received nutritional assistance from louise's pantry, our client-choice food security program providing household goods and personal hygiene items in addition to food. Lifelab, our suite of educational programming focused on financial, nutritional, housing, and personal wellbeing, engaged 217 participants on topics pertinent to their housing stability and economic security. These comprehensive wrap-around services are provided in concert with each other, ensuring that all facets of our clients' housing stability are addressed and strengthened proactively.”

“Contracted security services: program service expenses 706,483. Management and general expenses 189,051. Fundraising expenses 52,838. Total expenses 948,372. Payroll processing fees: program service expenses 156. Management and general expenses 61. Fundraising expenses 36. Total expenses 253. Other professional fees: program service expenses 32,335. Management and general expenses 12,606. Fundraising expenses 7,439. Total expenses 52,380.”

“The organization has a committee that is responsible for the oversight of the audit of its financial statements and the selection of an independent accountant. This process has not changed from the prior year.”