Civic Intelligence

Housing Works Health Services III Inc

EIN 13-3826364 • 501(c)3 • Brooklyn, NY

Profile

Housing works health services iii is a federally qualified health care center (fqhc) providing a broad range of health services to persons living with aids, hiv-related illnesses and chronic diseases.in addition, housing works health services iii promotes and carries on certain scientific research and educational activities related to providing care to the sick, injured and disabled and promoting the health of the public.

57 Willoughby Street 2nd FLBrooklyn, NY 11201

www.housingworks.org

Siviq Scores

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

Liabilities / Assets

44th percentile

0.19x

Higher debt load relative to assets than 44% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Liabilities / Revenue

57th percentile

0.44x

Higher debt load relative to revenue than 57% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Net Margin

80th percentile

27%

Higher net margin than 80% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Top Officer Pay

66th percentile

$473,511

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 1.5% of source-year revenue.

501(c)3 • $50M-$100M nonprofits • Source year 2024

Asset Growth

89th percentile

26%

Faster asset growth than 89% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Revenue Growth

7th percentile

-28%

Faster revenue growth than 7% of similar nonprofits.

501(c)3 • $50M-$100M nonprofits • Annualized from 2023 to 2024

Assets

Up

$72,797,172

Up $15,060,828 (+26%) from 2023

Liabilities

Up

$13,651,484

Up $6,628,203 (+94%) from 2023

Net Assets

Up

$59,145,688

Up $8,432,625 (+17%) from 2023

Revenue

Down

$31,377,898

Down $12,058,698 (-28%) from 2023

Expenses

Down

$22,945,273

Down $15,170,664 (-40%) from 2023

Net Income

Up

$8,432,625

Up $3,111,966 (+58%) from 2023

Trend Graphs

Balance Sheet Trend

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

$80M$60M$40M$20M$0-$20MAssets 2010: $3,916,228Liabilities 2010: $5,904,657Net Assets 2010: -$1,988,4292010Assets 2011: $2,770,047Liabilities 2011: $4,762,694Net Assets 2011: -$1,992,6472011Assets 2012: $3,217,911Liabilities 2012: $4,051,964Net Assets 2012: -$834,0532012Assets 2013: $2,782,008Liabilities 2013: $4,320,310Net Assets 2013: -$1,538,3022013Assets 2014: $2,815,867Liabilities 2014: $4,585,479Net Assets 2014: -$1,769,6122014Assets 2015: $3,351,158Liabilities 2015: $4,634,244Net Assets 2015: -$1,283,0862015Assets 2016: $6,262,656Liabilities 2016: $3,319,866Net Assets 2016: $2,942,7902016Assets 2017: $11,334,616Liabilities 2017: $3,911,096Net Assets 2017: $7,423,5202017Assets 2018: $17,150,401Liabilities 2018: $3,380,917Net Assets 2018: $13,769,4842018Assets 2019: $23,093,458Liabilities 2019: $3,987,310Net Assets 2019: $19,106,1482019Assets 2020: $34,926,493Liabilities 2020: $8,778,820Net Assets 2020: $26,147,6732020Assets 2021: $47,891,694Liabilities 2021: $11,678,866Net Assets 2021: $36,212,8282021Assets 2022: $57,336,713Liabilities 2022: $11,944,309Net Assets 2022: $45,392,4042022Assets 2023: $57,736,344Liabilities 2023: $7,023,281Net Assets 2023: $50,713,0632023Assets 2024: $72,797,172Liabilities 2024: $13,651,484Net Assets 2024: $59,145,6882024

Highlighted filing

2024

Assets$72,797,172
Liabilities$13,651,484
Net Assets$59,145,688

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $3,957,6182010Revenue 2011: $3,738,674Expenses 2011: $3,742,892Net Income 2011: -$4,2182011Revenue 2012: $4,581,949Expenses 2012: $3,423,355Net Income 2012: $1,158,5942012Revenue 2013: $3,297,678Expenses 2013: $4,001,927Net Income 2013: -$704,2492013Revenue 2014: $2,909,970Expenses 2014: $3,141,280Net Income 2014: -$231,3102014Revenue 2015: $5,337,027Expenses 2015: $4,997,489Net Income 2015: $339,5382015Revenue 2016: $10,854,925Expenses 2016: $7,044,717Net Income 2016: $3,810,2082016Revenue 2017: $15,149,553Expenses 2017: $10,692,750Net Income 2017: $4,456,8032017Revenue 2018: $19,606,647Expenses 2018: $13,260,683Net Income 2018: $6,345,9642018Revenue 2019: $20,342,072Expenses 2019: $15,005,408Net Income 2019: $5,336,6642019Revenue 2020: $23,083,437Expenses 2020: $16,028,762Net Income 2020: $7,054,6752020Revenue 2021: $44,924,434Expenses 2021: $34,859,279Net Income 2021: $10,065,1552021Revenue 2022: $50,102,906Expenses 2022: $41,560,460Net Income 2022: $8,542,4462022Revenue 2023: $43,436,596Expenses 2023: $38,115,937Net Income 2023: $5,320,6592023Revenue 2024: $31,377,898Expenses 2024: $22,945,273Net Income 2024: $8,432,6252024

Highlighted filing

2024

Revenue$31,377,898
Expenses$22,945,273
Net Income$8,432,625

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$72.8$13.7$59.1$31.4$22.9$8.43
2023Detailed filing. Detailed filing data is available for this year.$57.7$7.02$50.7$43.4$38.1$5.32
2022Detailed filing. Detailed filing data is available for this year.$57.3$11.9$45.4$50.1$41.6$8.54
2021Detailed filing. Detailed filing data is available for this year.$47.9$11.7$36.2$44.9$34.9$10.1
2020Detailed filing. Detailed filing data is available for this year.$34.9$8.78$26.1$23.1$16.0$7.05
2019Detailed filing. Detailed filing data is available for this year.$23.1$3.99$19.1$20.3$15.0$5.34
2018Detailed filing. Detailed filing data is available for this year.$17.2$3.38$13.8$19.6$13.3$6.35
2017Detailed filing. Detailed filing data is available for this year.$11.3$3.91$7.42$15.1$10.7$4.46
2016Detailed filing. Detailed filing data is available for this year.$6.26$3.32$2.94$10.9$7.04$3.81
2015Detailed filing. Detailed filing data is available for this year.$3.35$4.63$1.28$5.34$5.00$0.34
2014Detailed filing. Detailed filing data is available for this year.$2.82$4.59$1.77$2.91$3.14$0.23
2013Summary only. Only limited summary data is available for this year.$2.78$4.32$1.54$3.30$4.00$0.70
2012Summary only. Only limited summary data is available for this year.$3.22$4.05$0.83$4.58$3.42$1.16
2011Summary only. Only limited summary data is available for this year.$2.77$4.76$1.99$3.74$3.74$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$3.92$5.90$1.99$3.96
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 7, 2025
Return Version
2023v6.0
Gross Receipts
$35,596,251
Mission and Program Overview

Mission

Housing works health services iii is a federally qualified health care center (fqhc) providing a broad range of health services to persons living with aids, hiv-related illnesses and chronic diseases. (cont on schedule o).

Health services to persons living with aids, hiv-related illnesses and chronic diseases.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$5,881,913$7,726,565▲ $1,844,652
Pledges and Grants Receivable$11,006,599$4,673,462▼ $6,333,137
Cash and Non-Interest-Bearing Accounts$3,555,635$3,468,928▼ $86,707
Accounts Receivable$4,179,427$1,237,239▼ $2,942,188
Prepaid Expenses and Deferred Charges$294,821$720,630▲ $425,809
Total Assets$57,736,344$72,797,172▲ $15,060,828
Other Assets Total$32,817,949$54,970,348▲ $22,152,399
Liabilities
Deferred Revenue-$8,103,905-
Accounts Payable and Accrued Expenses$4,879,502$3,716,280▼ $1,163,222
Mortgage Notes Payable Secured by Investment Property$2,143,779$1,831,299▼ $312,480
Total Liabilities$7,023,281$13,651,484▲ $6,628,203
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$50,713,063$59,120,688▲ $8,407,625
Net Assets With Donor Restrictions-$25,000-
Total Net Assets Fund Balance$50,713,063$59,145,688▲ $8,432,625
Total Liabilities and Net Assets / Fund Balance$57,736,344$72,797,172▲ $15,060,828

Asset Categories

AssetBook ValueDepreciationBasis
Leasehold Improvements$4,353,500$2,671,177$7,024,677
Other Land Buildings$3,306,189-$3,306,189
Buildings$66,876$87,464$154,340
Other Assets Org$9,130--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Charles KingMember Ex Officio/chief Executive Officer--$473,511$473,511
Matthew BernardoMember Ex Officio-$290,298$92,028$382,326
Vaty PoitevienChief Medical Officer-$297,163$66,782$363,945
Pierre ArtyChief Psychiatric OfficerFT$346,656$12,173$358,829
Archimedes JaoMedical DirectorFT$240,290$45,634$285,924
Jolanta IlczukChief Financial Officer (through 7/24)-$266,895$7,199$274,094
Jolanta IlczukChief Financial Officer (through 7/2-$230,633$43,461$274,094
Deepak VasishthaMedical DoctorFT$259,419$138$259,557
Melissa BhikhamMedical DirectorFT$240,488$13,615$254,103
Jessica DiamondExecutive DirectorFT$145,541$1,267$146,808

Board Members and Trustees

NameTitle
Marion CondeChair
Frank QuinteroClient Rep/vice Chair
Catherine LapsleyBoard Member
Chenelle NixonBoard Member
Dr Billy E JonesBoard Member
Kathy GueyeBoard Member
Kishor MalavadeBoard Member
Pamela Decuir JohnsonBoard Member
Rev Michelle TaylorBoard Member
Tywan MataBoard Member
Cesar FigueroaClient Rep
Diane WilliamsClient Rep
George MacklinClient Rep
Germaine NorrisClient Rep
Holland GivanchiClient Rep
Ruth GarciaClient Rep
Charles KingMember Ex Officio/chief Executive of
Yvonne TelesfordOutgoing Client Rep
Annie SuggsOutgoing Treasurer
Max RoseTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Forum Personnel INCRecruting550 7TH AVE 21ST FLR, New York, NY 10018$519,590
Kent Building Services LLCConstruction2 TECHNOLOGY DR, Westborough, MA 01581$215,059
Stericycle INCMedical Waste Management910 E 138TH ST, Bronx, NY 10454$102,395
Revenue and Support

Revenue Composition

Contributions and Grants
$12,456,610
Program Service Revenue
$15,342,182
Investment Income
$0
Other Revenue
$3,579,106
All Other Contributions
$1,745,313
Change in Net Assets
$8,432,625

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,596,251
Revenue Not Reported on Financial Statements
$-4,218,353
Revenue Not Reported on Form 990
$154,587,689
Other Revenue Adjustments
$-4,218,353
Total Revenue per Audited Statements
$190,183,940
Total Revenue per Form 990
$31,377,898
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$16,455,817
Other Expenses$6,489,456
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$13,029,714--$13,029,714
Fees for Services Other$2,549,253--$2,549,253
Other Employee Benefits$1,504,042--$1,504,042
Payroll Taxes$1,243,352--$1,243,352
Office Expenses$698,340--$698,340
Fees for Services Management-$600,085-$600,085
Current Officers, Directors, Trustees, and Key Employees$583,681--$583,681
Occupancy$555,738--$555,738
All Other Expenses$454,867--$454,867
Travel$446,767--$446,767
Depreciation Depletion$239,903--$239,903
Insurance$201,142--$201,142
Other Expenses$120,929--$120,929
Interest$97,244--$97,244
Pension Plan Contributions$95,028--$95,028
Fees for Services Legal$10,120--$10,120
Total Functional Expenses$22,345,188$600,085$0$22,945,273

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$193,304,185
Expenses Not Reported on Form 990$166,140,559
Expenses per Audited Statements$27,163,626
Total Expenses per Form 990$22,945,273
Expenses Not Reported on Financial Statements$-4,218,353
Other Expense Adjustments$-4,218,353
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
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
No
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 6

The organization has one member (the "member"), which is housing works, inc. The member shall exercise its membership rights and obligations through a majority of its board of directors and any meeting at which a quorum is present, or through an individual that the member's board of directors appoints to act as the member in accordance with its instructions.

Form 990, Part VI, Section A, Line 7A

The organization has one member (the "member"), which is housing works, inc. The member shall exercise its membership rights and obligations through a majority of its board of directors and any meeting at which a quorum is present, or through an individual that the member's board of directors appoints to act as the member in accordance with its instructions.

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

The organization's form 990 was prepared by an independent accounting firm in conjunction with the organization's financial department. A copy of the draft form 990 was made available to the board of directors for their review. Each board member was provided ample opportunity to comment on the information contained in the 990 prior to its filing with the internal revenue service.

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

The organization operates under the conflict of interest policy of its parent organization, housing works, inc. Each officer, director, trustee and key employee of the organization is required to annually disclose any conflicts of interest that arise by virtue of their employment, board service, or position with the organization. Housing works, inc. 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 C, Line 19

The organization makes its form 990 available to the public by retaining a copy at its place of business. The form 990 is likewise published on the internet at www.guidestar.org. The organization's financial statements are published on the organization's website. The governing documents and conflict of interest policy are not ordinarily made available to the public, but, if requested, will be provided at management's discretion.

FORM 990, PART VI, SECTION B, LINES 13 AND 14:

The organization operates under the whistleblower and document retention policies of its parent organization, housing works, inc.

Filing and Contact Details

Filer

Filer Name
Housing Works Health Services Iii Inc
EIN
13-3826364
Phone
3474737400
Address
57 WILLOUGHBY STREET 2ND FL, BROOKLYN, NY 11201
Doing Business As
Housing Works Community Health Ctr

Signing Officer

Name
Ian Hanley
Title
CFO
Phone
3474737400
Signed
2025-05-07
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Marius Golianek
Formed
1995
Legal Domicile
Ny
Voting Board Members
17
Independent Board Members
17
Employees
380
Volunteers
19

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky
Phone
2122970400
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Other professional fees: program service expenses 2,549,253. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,549,253.

FORM 990 PART XII LINE 3:

The accounts of housing works inc. And its affiliates are audited by an independent accountant and are consolidated for financial statement purposes. In addition, the organization as a whole meets the requirement of an audit as set forth in the single audit act and omb circular a-133. Each affiliate on its own may not meet the requirement but this question was answered yes on each affiliate as housing works inc. And its affiliates on the whole met the requirement and obtained an audit according to the act.

Financial Statement Notes

PART X, LINE 2:

The organization 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 consolidated 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. Management has analyzed the tax positions taken by the organization and has concluded that, as of june 30, 2024, there are no uncertain tax positions taken or expected to be taken that would require recognition of a liability or asset or disclosure in the consolidated financial statements. The organization's federal and state information returns filed prior to fiscal year 2021 are closed. Management continually evaluates expiring statutes of limitations, audits, proposed settlements.

PART XI, LINE 2D - OTHER ADJUSTMENTS:

From related organizations 158,502,490. Other intercompany eliminations -3,914,801.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -4,218,353.

PART XII, LINE 2D - OTHER ADJUSTMENTS:

From related organizations 167,555,360. Other intercompany eliminations -1,414,801.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Cost of goods sold -4,218,353.

Raw XML AppendixShowing 400 of 1,133 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.

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IRS990/Desc0HOUSING WORKS HEALTH SERVICES III OPERATES A FACILITY THAT PROVIDES A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS OR HIV-RELATED ILLNESSES. THE FACILITY IS LOCATED AT 2626 PITKIN AVENUE, BROOKLYN, NEW YORK. IN ADDITION TO PROVIDING A WEALTH OF HEALTHCARE SERVICES, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED. HOUSING WORKS HEALTH SERVICES III ("HWS3") PARTICIPATES IN THE UNITED STATES FEDERAL PROGRAM REQUIRING DRUG MANUFACTURERS TO PROVIDE OUTPATIENT DRUGS TO ELIGIBLE HEALTH CARE ORGANIZATIONS AT SIGNIFICANTLY REDUCED PRICES. THE INTENT OF THE PROGRAM IS TO ALLOW ENTITIES TO STRETCH FEDERAL RESOURCES, REACHING MORE ELIGIBLE PATIENTS AND PROVIDING MORE COMPREHENSIVE SERVICES TO THEM. HWS3 HAS CONTRACTED WITH COMMUNITY PHARMACIES TO ADMINISTER THESE SERVICES TO THEIR PATIENTS FOR A FEE. THESE CONTRACTS AUTHORIZE THE PHARMACY TO BILL MEDICAID, MEDICARE AND THIRD-PARTY INSURANCE REMITTING THE COLLECTED FUNDS LESS THEIR FEES TO HWS3. THE PHARMACY FEES COVER THE COST OF DRUGS AND ADMINISTRATIVE FEES, AND ALLOW THE PHARMACY TO PURCHASE DIRECTLY FROM THE DRUG WHOLESALERS THE DRUGS WHICH REPLENISH THEIR STOCK.
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IRS990/MissionDesc0HOUSING WORKS HEALTH SERVICES III IS A FEDERALLY QUALIFIED HEALTH CARE CENTER (FQHC) PROVIDING A BROAD RANGE OF HEALTH SERVICES TO PERSONS LIVING WITH AIDS, HIV-RELATED ILLNESSES AND CHRONIC DISEASES.IN ADDITION, HOUSING WORKS HEALTH SERVICES III PROMOTES AND CARRIES ON CERTAIN SCIENTIFIC RESEARCH AND EDUCATIONAL ACTIVITIES RELATED TO PROVIDING CARE TO THE SICK, INJURED AND DISABLED AND PROMOTING THE HEALTH OF THE PUBLIC.
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