Civic Intelligence

Homes for the Homeless Inc

EIN 13-3351420 • 501(c)3 • New York, NY

View Organization Page

Profile

To provide homeless families with the opportunity and support necessary to move out of the shelter and live independently.

36 Cooper Square 3rd FloorNew York, NY 10003

www.hfhnyc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

90th percentile

0.76x

Higher debt load relative to assets than 90% of similar nonprofits.

NTEE P • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

40th percentile

0.22x

Higher debt load relative to revenue than 40% of similar nonprofits.

NTEE P • $50M-$100M nonprofits • Source year 2024

Net Margin

42nd percentile

1.4%

Higher net margin than 42% of similar nonprofits.

NTEE P • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

37th percentile

$344,108

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 0.6% of source-year revenue.

NTEE P • $50M-$100M nonprofits • Source year 2024

Asset Growth

91st percentile

28%

Faster asset growth than 91% of similar nonprofits.

NTEE P • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

83rd percentile

31%

Faster revenue growth than 83% of similar nonprofits.

NTEE P • $50M-$100M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets90th percentile

Assets

Up

$16,627,828

Up $3,587,692 (+28%) from 2023

Liabilities

Up

$12,645,433

Up $2,679,836 (+27%) from 2023

Net Assets

Up

$3,982,395

Up $907,856 (+30%) from 2023

Operations
Liabilities / Revenue40th percentileNet Margin42nd percentile

Revenue

Up

$57,549,675

Up $13,702,992 (+31%) from 2023

Expenses

Up

$56,755,775

Up $12,171,791 (+27%) from 2023

Net Income

Up

$793,900

Up $1,531,201 (+208%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth91st percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$20M$15M$10M$5.0M$0-$5.0MAssets 2010: $4,684,837Liabilities 2010: $6,009,574Net Assets 2010: -$1,324,7372010Assets 2011: $5,140,157Liabilities 2011: $6,151,626Net Assets 2011: -$1,011,4692011Assets 2012: $5,292,857Liabilities 2012: $7,203,791Net Assets 2012: -$1,910,9342012Assets 2013: $7,787,597Liabilities 2013: $8,395,869Net Assets 2013: -$608,2722013Assets 2014: $10,720,568Liabilities 2014: $11,563,892Net Assets 2014: -$843,3242014Assets 2015: $4,987,065Liabilities 2015: $3,357,324Net Assets 2015: $1,629,7412015Assets 2016: $10,105,619Liabilities 2016: $6,505,437Net Assets 2016: $3,600,1822016Assets 2017: $10,425,493Liabilities 2017: $4,342,889Net Assets 2017: $6,082,6042017Assets 2018: $7,418,782Liabilities 2018: $2,626,523Net Assets 2018: $4,792,2592018Assets 2019: $10,143,596Liabilities 2019: $3,427,443Net Assets 2019: $6,716,1532019Assets 2020: $9,691,242Liabilities 2020: $5,096,292Net Assets 2020: $4,594,9502020Assets 2021: $10,568,614Liabilities 2021: $5,975,255Net Assets 2021: $4,593,3592021Assets 2022: $11,930,646Liabilities 2022: $7,120,394Net Assets 2022: $4,810,2522022Assets 2023: $13,040,136Liabilities 2023: $9,965,597Net Assets 2023: $3,074,5392023Assets 2024: $16,627,828Liabilities 2024: $12,645,433Net Assets 2024: $3,982,3952024

Highlighted filing

2024

Assets$16,627,828
Liabilities$12,645,433
Net Assets$3,982,395
Open 2024 Filing

Operations Trend

Revenue Growth83rd percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$60M$40M$20M$0-$20MExpenses 2010: $20,179,0082010Expenses 2011: $21,133,2802011Expenses 2012: $21,584,4832012Revenue 2013: $21,571,283Expenses 2013: $20,268,621Net Income 2013: $1,302,6622013Revenue 2014: $20,625,989Expenses 2014: $20,861,041Net Income 2014: -$235,0522014Revenue 2015: $24,220,912Expenses 2015: $23,667,641Net Income 2015: $553,2712015Revenue 2016: $24,700,174Expenses 2016: $22,729,733Net Income 2016: $1,970,4412016Revenue 2017: $25,474,514Expenses 2017: $22,992,092Net Income 2017: $2,482,4222017Revenue 2018: $24,991,170Expenses 2018: $26,329,859Net Income 2018: -$1,338,6892018Revenue 2019: $25,447,097Expenses 2019: $28,595,607Net Income 2019: -$3,148,5102019Revenue 2020: $32,018,738Expenses 2020: $34,139,941Net Income 2020: -$2,121,2032020Revenue 2021: $34,991,198Expenses 2021: $34,998,450Net Income 2021: -$7,2522021Revenue 2022: $39,793,490Expenses 2022: $39,576,531Net Income 2022: $216,9592022Revenue 2023: $43,846,683Expenses 2023: $44,583,984Net Income 2023: -$737,3012023Revenue 2024: $57,549,675Expenses 2024: $56,755,775Net Income 2024: $793,9002024

Highlighted filing

2024

Revenue$57,549,675
Expenses$56,755,775
Net Income$793,900
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$16,627,828
Liabilities
$12,645,433
Net assets
$3,982,395
Revenue
$57,549,675
Expenses
$56,755,775
Net income
$793,900
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$16.6$12.6$3.98$57.5$56.8$0.79
2023Detailed filing. Detailed filing data is available for this year.$13.0$9.97$3.07$43.8$44.6$0.74
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.9$7.12$4.81$39.8$39.6$0.22
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.6$5.98$4.59$35.0$35.0$0.01
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.69$5.10$4.59$32.0$34.1$2.12
2019Detailed filing. Detailed filing data is available for this year.$10.1$3.43$6.72$25.4$28.6$3.15
2018Detailed filing. Detailed filing data is available for this year.$7.42$2.63$4.79$25.0$26.3$1.34
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$4.34$6.08$25.5$23.0$2.48
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$6.51$3.60$24.7$22.7$1.97
2015Detailed filing. Detailed filing data is available for this year.$4.99$3.36$1.63$24.2$23.7$0.55
2014Detailed filing. Detailed filing data is available for this year.$10.7$11.6$0.84$20.6$20.9$0.24
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.79$8.40$0.61$21.6$20.3$1.30
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.29$7.20$1.91$21.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.14$6.15$1.01$21.1
2010XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.68$6.01$1.32$20.2
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 13, 2025
Return Version
2023v6.0
Gross Receipts
$57,549,675
Mission and Program Overview

Mission

To provide homeless families with the opportunity and support necessary to move out of the shelter and live independently.

To provide homeless families with the opportunity and support to live independently.

Balance Sheet Detail
LineBeginningEndChange
Assets
Accounts Receivable$3,638,228$7,325,632▲ $3,687,404
Land, Buildings, and Equipment, Net$5,617,438$6,153,942▲ $536,504
Cash and Non-Interest-Bearing Accounts$1,283,400$1,449,238▲ $165,838
Savings and Temporary Cash Investments$526,575$266,273▼ $260,302
Prepaid Expenses and Deferred Charges$11,356$53,679▲ $42,323
Total Assets$13,040,136$16,627,828▲ $3,587,692
Other Assets Total$1,963,139$1,379,064▼ $584,075
Liabilities
Other Liabilities$7,563,437$9,595,601▲ $2,032,164
Accounts Payable and Accrued Expenses$2,402,160$3,049,832▲ $647,672
Total Liabilities$9,965,597$12,645,433▲ $2,679,836
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$3,074,539$3,982,395▲ $907,856
Total Net Assets Fund Balance$3,074,539$3,982,395▲ $907,856
Total Liabilities and Net Assets / Fund Balance$13,040,136$16,627,828▲ $3,587,692

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,214,529$8,229,537$12,444,066
Equipment$836,315$3,414,479$4,250,794
Other Land Buildings$957,709$2,368,052$3,325,761
Leasehold Improvements$145,389$303,516$448,905
Other Assets Org$24,095--
Compensation and Service Providers
Top Officer Pay37th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
John H GreenwoodExecutive DirectorPT$274,689$69,419$344,108
Gretchen J HernandezDeputy Executive DirectorPT$176,116$75,837$251,953
Yueqin LiDirector of FinanceFT$146,650$65,402$212,052
Michael FahyAdministratorFT$120,766$70,449$191,215
Aaron GoodmanChief Admin Off. (thur 08/2023)PT$148,835$39,445$188,280
Carlos SantosControllerFT$113,175$28,723$141,898
James HernandezChief of StaffFT$106,078$25,164$131,242
Annamaria SantoroSenior Director of OperationsFT$103,844$9,831$113,675
Ralph NunezBoard Member--$41,130$41,130

Board Members and Trustees

NameTitle
David WebbChair
Andrea SternBoard Member
Dane WesleyBoard Member
Helaine BarnettBoard Member
Leonard SternBoard Member
Luke NastaBoard Member
Michael KalmusBoard Member
Paige BartelsBoard Member
Peter K JenikBoard Member
Richard FinkelsteinBoard Member
Shelly FriedmanBoard Member
Steven CohenBoard Member
Steve KrauseBoard Member (thru 08/2023)
Harris BarerSecretary
Susanne HurowitzTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Korcomptenz INCComputer & Software Support35 WATERVIEW BLVD SUITE 207, Persippany, NJ 07054$933,352
Adp INCPayroll ServicesPO BOX 803272, Philadelphia, PA 19182-0272$281,515
George Bassolino Plumbing LtdPlumbing ServicesPO BOX 0066, Maryknoll, NY 10545$266,978
Aam Security ServicesTemporary Security Staff102 WEST 132ND ST, New York, NY 10027$244,002
Keystone Contracting CorpGeneral Contracting Services1078 ARNOW AVENUE, Bronx, NY 10469$202,950
Revenue and Support

Revenue Composition

Contributions and Grants
$51,154,399
Program Service Revenue
$0
Investment Income
$66,118
Other Revenue
$6,329,158
All Other Contributions
$485,996
Change in Net Assets
$793,900

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
No

Noncash Contributions

Contribution TypeReported AmountValuation Method
Clothing and Household Goods$243,876Estimated Value
Total Noncash Contributions$243,876-
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$29,862,863
Salaries, Compensation, and Employee Benefits$26,892,912
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$17,801,504$1,965,800-$19,767,304
Occupancy$15,236,404$566,808-$15,803,212
Office Expenses$6,975,444$256,974-$7,232,418
Other Employee Benefits$3,602,591$604,083-$4,206,674
Payroll Taxes$1,331,295$253,994-$1,585,289
Depreciation Depletion$1,142,103$60,835-$1,202,938
Insurance$317,045$612,936-$929,981
Fees for Services Other$651,498$91,671-$743,169
Current Officers, Directors, Trustees, and Key Employees$587,286$64,854-$652,140
Pension Plan Contributions$389,074$250,726-$639,800
Fees for Services Accounting-$256,714-$256,714
Travel$181,233$12,024-$193,257
All Other Expenses$128,558$55,630-$184,188
Fees for Services Legal$388$159,422-$159,810
Comp Disqual Persons$37,558$4,147-$41,705
Other Expenses$26,503$22,618-$26,503
Conferences and Meetings$29$7,984-$8,013
Advertising$1,074$358-$1,432
Interest-$48-$48
Total Functional Expenses$51,181,823$5,573,952$0$56,755,775
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Third Parties$7,275,880
Operating Lease Liabilities$1,462,527
Note Payable to Affiliated Organization$829,403
Other Liabilities$27,791
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Board of trustees members, leonard stern and andrea stern, have a family relationship.”

Form 990, Part VI, Section B, Line 11B

“The form 990 was prepared by a nationally recognized accounting firm in conjunction with the organization's senior management. A copy of the form 990 was circulated to the full board of trustees and each board member was provided opportunity to comment on the information contained in the form 990 prior to its filing with the internal revenue service.”

Form 990, Part VI, Section B, Line 12C

“Each officer, trustee, and key employee of the organization is required to annually disclose any conflicts of interest that arise by virtue of employment, board service, or position with the organization. The organization monitors compliance with its conflict of interest policy through an annual questionnaire/disclosure statement that is distributed to these individuals. Potential conflicts are investigated immediately.”

Form 990, Part VI, Section B, Line 15A

“The organization undertakes a thorough process to ensure that the executive compensation it pays to its top management personnel and all of its officers and key employees is reasonable, given the market in which the organization operates. In relevant part, the board of trustees has established a compensation review process of independent trustees that have no personal interest in the proposed compensation. The compensation review process incorporates a periodic executive compensation review to ensure that the organization compensates its executives commensurate with the market.”

Form 990, Part VI, Section C, Line 19

“The organization makes its 990 available to the public at its local place of business; it is, likewise available at www.guidestar.org. The organization makes its governing documents, conflict of interest policy, financial statements, and form 1023 available to the public upon request, and at management's discretion.”

FORM 990, PART VII, SECTION A:

“Former president, ralph nunez, currently serves as a board member of homes for the homeless. Mr. Nunez receives post-retirement healthcare benefits that are reported in part vii, column (f).”

Filing and Contact Details

Filer

Filer Name
Homes for the Homeless Inc
EIN
13-3351420
Phone
2125295252
Address
36 COOPER SQUARE 3RD FLOOR, NEW YORK, NY 10003

Signing Officer

Name
John Greenwood
Title
Executive Director
Phone
2125295252
Signed
2025-05-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
John H Greenwood
Formed
1986
Legal Domicile
Ny
Voting Board Members
15
Independent Board Members
14
Employees
719
Volunteers
277

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

“Refunded/rescinded grants 113,956.”

Financial Statement Notes

PART X, LINE 2:

“Homes for the homeless, inc. Follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the consolidated financial statements if the position is "more-likely-than-not" to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. Homes for the homeless, inc. Is exempt from federal income tax under irc section 501(c)(3), though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the code. The organization has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated business income; to determine its filing and tax obligations in jurisdictions for which it has nexus; and to identify and evaluate other matters that may be considered tax positions. Homes for the homeless, inc. Has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements. In addition, the organization has not recorded a provision for income taxes as it has no material tax liability from unrelated business income activities.”

Raw XML AppendixShowing 400 of 818 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsReceivableGrp/EOYAmt07325632
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE HOMELESS FAMILIES WITH THE OPPORTUNITY AND SUPPORT TO LIVE INDEPENDENTLY.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0358
IRS990/AdvertisingGrp/ProgramServicesAmt01074
IRS990/AdvertisingGrp/TotalAmt01432
IRS990/AllOtherContributionsAmt0485996
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IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990/Desc0SEE 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF FINANCE
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IRS990/MissionDesc0THE 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.
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