Civic Intelligence

The Bronx Neighborhood Housing Services CDC Inc

EIN 47-1006046 • 501(c)3 • Bronx, NY

Pub. 78 EligibleNTEE Z99

Profile

1. The Corporation is established to create, develop, and maintain program designed to createaffordable, decent, safe, and communities housing.2. To help to renovate, rehabilitate, repair, develop, and preserve housing in The Bronx, NewYork city, and surrounding areas.

1451 E Gun Hill RoadBronx, NY 10469

bronxnhs.org

Siviq Scores

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

Liabilities / Assets

73rd percentile

0.21x

Higher debt load relative to assets than 73% of similar nonprofits.

NTEE Z • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

59th percentile

0.13x

Higher debt load relative to revenue than 59% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

48th percentile

3.7%

Higher net margin than 48% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

79th percentile

$115,546

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 8.3% of source-year revenue.

NTEE Z • $1M-$5M nonprofits • Source year 2024

Asset Growth

81st percentile

23%

Faster asset growth than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

76th percentile

32%

Faster revenue growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$869,818

Up $159,958 (+23%) from 2023

Liabilities

Up

$183,581

Up $108,822 (+146%) from 2023

Net Assets

Up

$686,237

Up $51,136 (+8.1%) from 2023

Revenue

Up

$1,385,317

Up $339,553 (+32%) from 2023

Expenses

Up

$1,334,182

Up $177,168 (+15%) from 2023

Net Income

Up

$51,135

Up $162,385 (+146%) from 2023

Trend Graphs

Balance Sheet Trend

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

$1.0M$500K$0Assets 2014: $0Liabilities 2014: $0Net Assets 2014: $02014Assets 2015: $0Liabilities 2015: $0Net Assets 2015: $02015Assets 2016: $276,692Liabilities 2016: $7,500Net Assets 2016: $269,1922016Assets 2017: $394,237Liabilities 2017: $87,238Net Assets 2017: $306,9992017Assets 2018: $631,617Liabilities 2018: $177,652Net Assets 2018: $453,9652018Assets 2019: $663,197Liabilities 2019: $51,363Net Assets 2019: $611,8342019Assets 2020: $521,890Liabilities 2020: $50,309Net Assets 2020: $471,5812020Assets 2021: $593,631Liabilities 2021: $42,921Net Assets 2021: $550,7102021Assets 2022: $823,795Liabilities 2022: $77,444Net Assets 2022: $746,3512022Assets 2023: $709,860Liabilities 2023: $74,759Net Assets 2023: $635,1012023Assets 2024: $869,818Liabilities 2024: $183,581Net Assets 2024: $686,2372024

Highlighted filing

2024

Assets$869,818
Liabilities$183,581
Net Assets$686,237

Operations Trend

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2014: $0Expenses 2014: $0Net Income 2014: $02014Revenue 2015: $0Expenses 2015: $200Net Income 2015: -$2002015Revenue 2016: $389,192Expenses 2016: $124,358Net Income 2016: $264,8342016Revenue 2017: $924,586Expenses 2017: $886,779Net Income 2017: $37,8072017Revenue 2018: $1,333,824Expenses 2018: $1,186,858Net Income 2018: $146,9662018Revenue 2019: $2,997,660Expenses 2019: $1,354,996Net Income 2019: $1,642,6642019Revenue 2020: $972,399Expenses 2020: $1,112,652Net Income 2020: -$140,2532020Revenue 2021: $1,027,491Expenses 2021: $948,362Net Income 2021: $79,1292021Revenue 2022: $1,680,807Expenses 2022: $1,485,166Net Income 2022: $195,6412022Revenue 2023: $1,045,764Expenses 2023: $1,157,014Net Income 2023: -$111,2502023Revenue 2024: $1,385,317Expenses 2024: $1,334,182Net Income 2024: $51,1352024

Highlighted filing

2024

Revenue$1,385,317
Expenses$1,334,182
Net Income$51,135

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Mar 6, 2025
Return Version
2024v5.0
Gross Receipts
$1,385,317
Mission and Program Overview

Mission

1. The Corporation is established to create, develop, and maintain program designed to createaffordable, decent, safe, and communities housing.2. To help to renovate, rehabilitate, repair, develop, and preserve housing in The Bronx, NewYork city, and surrounding areas.

To provide essential services to revitalize communities and address emerging needs while empowering residents to achieve self sufficiency

Balance Sheet Detail
LineBeginningEndChange
Assets
Pledges and Grants Receivable$389,869$487,188▲ $97,319
Cash and Non-Interest-Bearing Accounts$284,013$274,578▼ $9,435
Land, Buildings, and Equipment, Net$9,687$6,884▼ $2,803
Prepaid Expenses and Deferred Charges$9,891$5,589▼ $4,302
Other Notes and Loans Receivable, Net$4,400$4,400→ $0
Accounts Receivable-$3,500-
Total Assets$709,860$869,818▲ $159,958
Other Assets Total$12,000$87,679▲ $75,679
Liabilities
Other Liabilities-$75,679-
Unsecured Notes Loans Payable$22,739$50,892▲ $28,153
Deferred Revenue-$30,000-
Accounts Payable and Accrued Expenses$52,019$27,010▼ $25,009
Total Liabilities$74,758$183,581▲ $108,823
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$418,791$644,237▲ $225,446
Net Assets With Donor Restrictions$216,311$42,000▼ $174,311
Total Net Assets Fund Balance$635,102$686,237▲ $51,135
Total Liabilities and Net Assets / Fund Balance$709,860$869,818▲ $159,958

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$6,884$43,123$50,007
Other Assets Org$75,679--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Gladstone JohnsonExecutive DirectorFT$115,546$115,546

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$1,077,877
Program Service Revenue
$305,064
Investment Income
$0
Other Revenue
$2,376
All Other Contributions
$232,341
Change in Net Assets
$51,135

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,385,317
Total Revenue per Audited Statements
$1,385,317
Total Revenue per Form 990
$1,385,317
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$650,073
Other Expenses$469,952
Grants and Similar Amounts Paid$214,157
Total Fundraising Expense$57,091
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$330,654$155,473-$486,127
Grants to Domestic Individuals$214,157--$214,157
Current Officers, Directors, Trustees, and Key Employees$73,360$31,683-$105,043
Occupancy-$74,999-$74,999
Office Expenses$2,532$56,786-$59,318
Payroll Taxes$41,232$17,671-$58,903
All Other Expenses$11,768$9,118-$20,886
Other Expenses$156$20,197$45,830$20,353
Depreciation Depletion-$6,258-$6,258
Total Functional Expenses$695,805$581,286$57,091$1,334,182

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$1,334,182
Total Expenses per Audited Statements$1,334,182
Total Expenses per Form 990$1,334,182
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Gala$45,865$45,865-$45,865
Total Events$45,865$45,865-$45,865
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease liability$75,679
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
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
Yes
Conflict-of-interest policy
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990 governing body review Part VI line 11

The board reviews the 990 before filing

CEO executive director top management comp Part VI line 15A

Management compensation is approved by the board

Other officer or key employee compensation Part VI line 15B

Interim executive directors compensation is approved by the board

Governing documents etc available to public Part VI line 19

Governing documents are available for public review upon request

Filing and Contact Details

Filer

Filer Name
The Bronx Neighborhood Housing
EIN
47-1006046
In Care Of
% Gladstone Johnson
Address
1451 E Gun Hill Road, Bronx, NY 10469
Doing Business As
Services CDC Inc

Signing Officer

Name
Gladstone Johnson
Title
Executive Director
Phone
9142753961
Signed
2025-03-06
Discuss with paid preparer
No

Organization Details

Formed
2014
Legal Domicile
Ny
Voting Board Members
7
Independent Board Members
7
Employees
0

Preparer

Firm
Wayne R Thompson CPA PC
Address
70 East Sunrise Hwy Ste 500, Valley Stream, NY 11581
Preparer
Wayne Thompson
Phone
3476133854
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IRS990/PYOtherRevenueAmt05740
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IRS990/PYRevenuesLessExpensesAmt0-111250
IRS990/PYSalariesCompEmpBnftPaidAmt0518763
IRS990/PYTotalExpensesAmt01157014
IRS990/PYTotalRevenueAmt01045764
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IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
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IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt01680807
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0923585
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0947933
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt05975290
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0425
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0425
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearAmt02376
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus1YearAmt05740
IRS990ScheduleA/OtherIncome170Grp/CurrentTaxYearMinus3YearsAmt0103096
IRS990ScheduleA/OtherIncome170Grp/TotalAmt0111212
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.98170
IRS990ScheduleA/PublicSupportPY170Pct00.99000
IRS990ScheduleA/PublicSupportTotal170Amt05975290
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
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IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01040024
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt01680807
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0923585
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0947933
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IRS990ScheduleA/TotalSupportAmt06086927
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IRS990ScheduleD/EquipmentGrp/BookValueAmt06884
IRS990ScheduleD/EquipmentGrp/DepreciationAmt043123
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt050007
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IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0Lease liability
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IRS990ScheduleD/TotalBookValueOtherAssetsAmt087679
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IRS990ScheduleD/TotalRevenuePerForm990Amt01385317
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IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt0214157
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Home ownership and repairs
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt010
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The organization maintains records of grantees.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Monitoring procedures (Part I, line 2)
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0The board reviews the 990 before filing
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1Management compensation is approved by the board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Interim executive directors compensation is approved by the board
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3Governing documents are available for public review upon request
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990 governing body review Part VI line 11
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1CEO executive director top management comp Part VI line 15a
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other officer or key employee compensation Part VI line 15b
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Governing documents etc available to public Part VI line 19
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IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt0581286
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0695805
IRS990/TotalFunctionalExpensesGrp/TotalAmt01334182
IRS990/TotalGrossUBIAmt00
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IRS990/TotalLiabilitiesGrp/EOYAmt0183581
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IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0686237
IRS990/TotalOtherCompensationAmt00
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IRS990/TotalProgramServiceRevenueAmt0305064
IRS990/TotalReportableCompFromOrgAmt0115546
IRS990/TotalRevenueGrp/ExclusionAmt00
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0307440
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt01385317
IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt00
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0709860
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0869818
IRS990/TotReportableCompRltdOrgAmt00
IRS990/TransactionWithControlEntInd0false
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt022739
IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt050892
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt07
IRS990/VotingMembersIndependentCnt07
IRS990/WebsiteAddressTxt0bronxnhs.org
IRS990/WhistleblowerPolicyInd0false
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0false
ReturnHeader/BusinessOfficerGrp/PersonNm0GLADSTONE JOHNSON
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/PhoneNum09142753961
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-03-06
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0The Bronx Neighborhood Housing
ReturnHeader/Filer/BusinessNameControlTxt0BRON
ReturnHeader/Filer/EIN0471006046
ReturnHeader/Filer/InCareOfNm0% Gladstone Johnson
ReturnHeader/Filer/USAddress/AddressLine1Txt01451 E Gun Hill Road
ReturnHeader/Filer/USAddress/CityNm0Bronx
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010469
ReturnHeader/IRSResponsiblePrtyInfoCurrInd0true
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0831605393
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Wayne R Thompson CPA PC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt070 East Sunrise Hwy Ste 500

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