Liabilities / Assets
81st percentile
Higher debt load relative to assets than 81% of similar nonprofits.
Housing Options and Geriatric Association Resources Inc
EIN 13-3887707 • 501(c)3 • Bronx, NY
Profile
To assist societys most disenfranchised; the elderly, seriously mentally ill adults, the homeless, people living with AIDS and the physically challenged by promoting, fostering and providing the highest quality of housing and services in a most therapeutic, rehabilitative and aesthetic satisfying environment.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.64x
Liabilities / Revenue
53rd percentile
Higher debt load relative to revenue than 53% of similar nonprofits.
Net Margin
60th percentile
Higher net margin than 60% of similar nonprofits.
Top Officer Pay
20th percentile
Higher top officer pay than 20% of similar nonprofits.
Top officer pay equals 0.5% of source-year revenue.
Asset Growth
97th percentile
Faster asset growth than 97% of similar nonprofits.
Revenue Growth
95th percentile
Faster revenue growth than 95% of similar nonprofits.
Balance Sheet
Assets
Up$15,520,344
Up $6,872,982 (+79%) from 2023
Liabilities
Up$10,007,466
Up $4,112,120 (+70%) from 2023
Net Assets
Up$5,512,878
Up $2,760,862 (+100%) from 2023
Revenue
Up$32,742,404
Up $19,880,146 (+155%) from 2023
Expenses
Up$29,981,542
Up $17,301,804 (+136%) from 2023
Net Income
Up$2,760,862
Up $2,578,342 (+1413%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $15,520,344
- Liabilities
- $10,007,466
- Net assets
- $5,512,878
- Revenue
- $32,742,404
- Expenses
- $29,981,542
- Net income
- $2,760,862
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jul 1, 2023 to Jun 30, 2024
- Signed
- May 15, 2025
- Return Version
- 2023v6.0
- Gross Receipts
- $32,742,404
Mission and Program Overview
Mission
To assist societys most disenfranchised; the elderly, seriously mentally ill adults, the homeless, people living with AIDS and the physically challenged by promoting, fostering and providing the highest quality of housing and services in a most therapeutic, rehabilitative and aesthetic satisfying environment.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $3,539,635 | $8,164,950 | ▲ $4,625,315 |
| Cash and Non-Interest-Bearing Accounts | $3,009,296 | $4,032,819 | ▲ $1,023,523 |
| Land, Buildings, and Equipment, Net | $1,336,755 | $1,123,851 | ▼ $212,904 |
| Savings and Temporary Cash Investments | - | $0 | - |
| Other Notes and Loans Receivable, Net | - | $0 | - |
| Pledges and Grants Receivable | - | $0 | - |
| Receivable From Disqualified Prsn | - | $0 | - |
| Receivables From Officers Etc | - | $0 | - |
| Investments Other Securities | - | $0 | - |
| Investments Program Related | - | $0 | - |
| Investments in Publicly Traded Securities | - | $0 | - |
| Intangible Assets | - | $0 | - |
| Inventories for Sale or Use | - | $0 | - |
| Prepaid Expenses and Deferred Charges | - | $0 | - |
| Total Assets | $8,647,362 | $15,520,344 | ▲ $6,872,982 |
| Other Assets Total | $761,676 | $2,198,724 | ▲ $1,437,048 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $2,001,146 | $6,574,091 | ▲ $4,572,945 |
| Other Liabilities | $3,319,758 | $2,914,834 | ▼ $404,924 |
| Mortgage Notes Payable Secured by Investment Property | $574,442 | $518,541 | ▼ $55,901 |
| Total Liabilities | $5,895,346 | $10,007,466 | ▲ $4,112,120 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $2,752,016 | $5,512,878 | ▲ $2,760,862 |
| Total Net Assets Fund Balance | $2,752,016 | $5,512,878 | ▲ $2,760,862 |
| Total Liabilities and Net Assets / Fund Balance | $8,647,362 | $15,520,344 | ▲ $6,872,982 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $959,127 | $1,251,597 | $2,210,724 |
| Buildings | $118,865 | $115,200 | $234,065 |
| Equipment | $-2 | $231,617 | $231,615 |
| Leasehold Improvements | $861 | $161,929 | $162,790 |
| Land | $45,000 | - | $45,000 |
| Other Assets Org | $92,804 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| Ed Poppiti | Executive Director | FT | $123,817 | $24,845 | $148,662 |
| Noris Colon | Executive Director | FT | $12,620 | - | $12,620 |
Board Members and Trustees
| Name | Title |
|---|---|
| Clifford Muniz | Chairperson |
| Love Betancourt | Vice Chair |
| Catherine Garcia | Director |
| Rosita Deleon | Director |
| Thelvis Alston | Secretary |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $31,959,039
- Program Service Revenue
- $587,590
- Investment Income
- $111,974
- Other Revenue
- $83,801
- All Other Contributions
- $1,150
- Change in Net Assets
- $2,760,862
Audited Revenue Reconciliation
- Revenue per Audited Statements
- $32,742,404
- Total Revenue per Audited Statements
- $32,742,404
- Total Revenue per Form 990
- $32,742,404
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Other Expenses | $20,833,101 |
| Salaries, Compensation, and Employee Benefits | $9,148,441 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Other Salaries and Wages | $7,071,653 | $519,096 | - | $7,590,749 |
| Occupancy | $3,619,746 | $480,741 | - | $4,100,487 |
| All Other Expenses | $1,907,067 | $124,714 | - | $2,031,781 |
| Insurance | $560,493 | $74,440 | - | $634,933 |
| Payroll Taxes | $522,419 | $69,383 | - | $591,802 |
| Other Employee Benefits | $481,806 | $63,989 | - | $545,795 |
| Other Expenses | $511,517 | $78,741 | - | $511,517 |
| Current Officers, Directors, Trustees, and Key Employees | - | $420,095 | - | $420,095 |
| Depreciation Depletion | $62,608 | $8,315 | - | $70,923 |
| Travel | $54,426 | $7,228 | - | $61,654 |
| Interest | $26,918 | $3,575 | - | $30,493 |
| Advertising | $3,740 | $497 | - | $4,237 |
| Total Functional Expenses | $28,130,728 | $1,850,814 | $0 | $29,981,542 |
Audited Expense Reconciliation
| Line Item | Amount |
|---|---|
| Expenses per Audited Statements | $29,981,542 |
| Total Expenses per Audited Statements | $29,981,542 |
| Total Expenses per Form 990 | $29,981,542 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
Political and Lobbying Activity
- Political campaign activity
- No
- Lobbying activity
- No
- Subject to proxy tax
- No
Insider Transactions and Loans
Loans and Receivables
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Receivables from Disqualified Persons | - | $0 | - |
| Receivables from Officers, Directors, Trustees, and Key Employees | - | $0 | - |
Debt and Bond Financing
Other Reported Liabilities
| Liability | Amount |
|---|---|
| Operating lease liability | $1,728,125 |
| Advance refundable | $1,185,712 |
| Line of Credit | $997 |
Governance and Compliance
Governance Checklist
- Compiled or reviewed by an accountant
- No
- Annual disclosure for covered persons
- Yes
- Audit committee
- Yes
- Backup withholding compliance
- No
- 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
- No
- Key decisions subject to board approval
- No
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section B, Line 11B
“The CFO and finance committee will review the 990 before it is given to the board. The board of directors will review, comment, and then approve the form 990 prior to filing.”
Form 990, Part VI, Section B, Line 12C
“The conflict of interest policy is reviewed annually by the board of directors. All members re-signed the conflict of interest policy after the review.”
Form 990, Part VI, Section C, Line 19
“The governing documentation, policies and financial statements are available upon request.”
Filing and Contact Details
Filer
- Filer Name
- Housing Options and Geriatric
- EIN
- 13-3887707
- Phone
- 7187427646
- Address
- 787 E 156th Street, BRONX, NY 10455
Signing Officer
- Name
- Ed Poppiti
- Title
- Executive Director
- Signed
- 2025-05-15
- Discuss with paid preparer
- Yes
Organization Details
- Formed
- 1996
- Legal Domicile
- Ny
- Voting Board Members
- 5
- Independent Board Members
- 5
- Employees
- 190
Preparer
- Firm
- Satty Levine & Ciacco CPAs PC
- Address
- 534 Broadhollow Road Suite 300, Melville, NY 11747
- Preparer
- Frank Lou CPA
- Phone
- 5163389500
Supplemental Narrative
Additional Explanations
Form 990, Part III, Line 4D
“OTHER PROGRAM SERVICES 4: Seniors Case Assistance Program - The seniors come to H.O.G.A.R. via referrals from other Community Based Agencies throughout Bronx County. Assistance provided includes crisis intervention, assessment, counseling, linkage, referral, and/or direct services; completing applications, and advocacy for entitlements such as SSI, Food Stamps, Medicaid/Medicare, Section 8 vouchers, retirement benefits, and affordable housing; help resolving rent and utility arrears, medical services including home health aide, home attendant, visiting nurse, medical beeper, and medical education; translations. Substance Abuse Services, Health and Mental Health, and HIV/AIDS services are also provided through linkages with other local providers. OTHER PROGRAM SERVICES 5: Transitional Congregate Housing Program - is an emergency housing program for single adults living with HIV/AIDS who are referred by the NYC HASA. This housing program assists individuals in meeting their goals of independent housing, school, employment and self-empowerment. We will support the client to attain these goals in a realistic manner. OTHER PROGRAM SERVICES 6: Homeless services - to support the homeless by providing shelters through funding from the NYC Department of Homeless Services. OTHER PROGRAM SERVICES 7: Ogden Court is a six-story, smoke free, elevator building which includes on-site support services and amenities including case management; counseling and referral services; 24-hour front desk security; Spanish speaking staff; socialization and recreational opportunities; and peer support. Community Space includes an exercise room, lounge area, computer lab, laundry room, and a beautiful backyard garden. OTHER PROGRAM SERVICES 8: Other”
Financial Statement Notes
Part X : FIN48 Footnote
“The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2024, 2023, 2022 and 2021 are subject to examination by the IRS, generally for 3 years after they were filed. The Organization has concluded that there are no material uncertain tax liabilities to be recognized at this time.”
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| IRS990/MissionDesc | 0 | To assist societys most disenfranchised; the elderly, seriously mentally ill adults, the homeless, people living with AIDS and the physically challenged by promoting, fostering and providing the highest quality of housing and services in a most therapeutic, rehabilitative and aesthetic satisfying environment. |
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| IRS990/OtherExpensesGrp/Desc | 3 | Repairs and Maintenance |
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| IRS990/ProgSrvcAccomActy2Grp/Desc | 0 | The Supported Housing Program is a scattered site apartment initiative designed to provide independent living options to mentally ill adults at specific locations throughout the Borough. The goal of this program is to prevent the unnecessary or inappropriate use of psychiatric inpatient resources and to maximize community reintegration in the least restrictive setting for the psychiatric consumer. |
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| IRS990/ProgSrvcAccomActy3Grp/Desc | 0 | Transitional Congregate Housing Program - is an emergency housing program for single adults living with HIV/AIDS who are referred by the NYC HASA. This housing program assists individuals in meeting their goals of independent housing, school, employment and self-empowerment. We will support the client to attain these goals in a realistic manner. |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | Due from affiliate |
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| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 0 | Advance refundable |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 1 | Line of Credit |
| IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc | 2 | Operating lease liability |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | The Organization's Forms 990, Return of Organization Exempt from Income Tax, for the years ending June 30, 2024, 2023, 2022 and 2021 are subject to examination by the IRS, generally for 3 years after they were filed. The Organization has concluded that there are no material uncertain tax liabilities to be recognized at this time. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part X : FIN48 Footnote |
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| IRS990ScheduleD/TotalBookValueOtherAssetsAmt | 0 | 2198724 |
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| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm | 0 | Noris Colon |
| IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt | 0 | Executive Director |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | OTHER PROGRAM SERVICES 4: Seniors Case Assistance Program - The seniors come to H.O.G.A.R. via referrals from other Community Based Agencies throughout Bronx County. Assistance provided includes crisis intervention, assessment, counseling, linkage, referral, and/or direct services; completing applications, and advocacy for entitlements such as SSI, Food Stamps, Medicaid/Medicare, Section 8 vouchers, retirement benefits, and affordable housing; help resolving rent and utility arrears, medical services including home health aide, home attendant, visiting nurse, medical beeper, and medical education; translations. Substance Abuse Services, Health and Mental Health, and HIV/AIDS services are also provided through linkages with other local providers. OTHER PROGRAM SERVICES 5: Transitional Congregate Housing Program - is an emergency housing program for single adults living with HIV/AIDS who are referred by the NYC HASA. This housing program assists individuals in meeting their goals of independent housing, school, employment and self-empowerment. We will support the client to attain these goals in a realistic manner. OTHER PROGRAM SERVICES 6: Homeless services - to support the homeless by providing shelters through funding from the NYC Department of Homeless Services. OTHER PROGRAM SERVICES 7: Ogden Court is a six-story, smoke free, elevator building which includes on-site support services and amenities including case management; counseling and referral services; 24-hour front desk security; Spanish speaking staff; socialization and recreational opportunities; and peer support. Community Space includes an exercise room, lounge area, computer lab, laundry room, and a beautiful backyard garden. OTHER PROGRAM SERVICES 8: Other |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The CFO and finance committee will review the 990 before it is given to the board. The board of directors will review, comment, and then approve the form 990 prior to filing. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The conflict of interest policy is reviewed annually by the board of directors. All members re-signed the conflict of interest policy after the review. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The governing documentation, policies and financial statements are available upon request. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 4d |
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