ST MARGARETS HOUSE HOUSING DEVELOPMENT FUND CORPORATION Charity Report

Public IRS 990 nonprofit record

ST MARGARETS HOUSE HOUSING DEVELOPMENT FUND CORPORATION

EIN 13-2947394 · Housing & Shelter (L210)

What they do

ST. MARGARETS HOUSE HOUSING DEVELOPMENT FUND CORPORATION (SMH) PROVIDES HOUSING for LOW-INCOME OLDER ADULTS and MOBILITY IMPAIRED DISABLED PERSONS. OUR FACILITY CONSISTS of A TWENTY STORY RESIDENTIAL BUILDING WITH 251 APARTMENTS, ALONG WITH TWO WINGS for TENANT/COMMUNITY EVENTS and PROGRAMS. SMH TAKES PRIDE IN BEING AN ACTIVE and POSITIVE COMMUNITY LEADER, SERVING AS A ROLE MODEL THAT BENEFITS OUR RESIDENTS, STAFF, and THE BROADER COMMUNITY. THE HIGHLIGHTS of OUR ACTIVITIES INCLUDE EDUCATIONAL EVENTS, RECREATION ACTIVITIES, BEING A GOOD NEIGHBOR BY BEING A COMMUNITY DESTINATION, and HOSTING CULTURAL CELEBRATIONS. IN THE PAST YEAR, SMH CONTINUED to MAKE A POSITIVE and SIGNIFICANT IMPACT ON THE TENTANTS and THE WIDER COMMUNITY WHILE MAINTAINING A STRONG FINANCIAL POSITION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $89.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

78.19%of revenue went to mission work89.4% of expenses · Program services

$86.08spent for every $100 of revenueRevenue covered expenses this year.

9.31%of revenue went to management and office costs10.6% of expenses

$3.06in assets for every $1 spent this yearSome assets cannot be spent right away.

0.0%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $253,101 for CLAIRE GUERETTE (EXECUTIVE DIRECTOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$12,153,533

Mission workProgram services$9,502,77678.19% of revenue89.4% of expenses

ManagementOffice and general costs$1,130,9849.31% of revenue10.6% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$1,519,77312.50% of revenueShown in gray on the chart

Total expenses$10,633,76087.50% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 89.4% mission · 10.6% management · 0.0% fundraisingTotal expenses: 87.50% of revenue

2023Expense mix: 98.3% mission · 1.7% management · 0.0% fundraisingTotal expenses: 568.22% of revenue

2022Expense mix: 91.9% mission · 8.1% management · 0.0% fundraisingTotal expenses: 105.40% of revenue

2021Expense mix: 86.2% mission · 13.8% management · 0.0% fundraisingTotal expenses: 62.74% of revenue

2020Expense mix: 85.2% mission · 14.8% management · 0.0% fundraisingTotal expenses: 58.33% of revenue

2019Expense mix: 88.2% mission · 11.8% management · 0.0% fundraisingTotal expenses: 54.22% of revenue

2018Expense mix: 86.1% mission · 13.9% management · 0.0% fundraisingTotal expenses: 46.75% of revenue

2016Expense mix: 80.2% mission · 19.8% management · 0.0% fundraisingTotal expenses: 85.37% of revenue

Money in and money out

Revenue$12,353,339

Expenses$10,633,760

Annual surplus $1,719,579 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$9,502,776 · 89.4% of expenses

Management and office costs$1,130,984 · 10.6% of expenses

See all reported dollar amounts

Revenue$12,353,339

Expenses$10,633,760

Assets$32,526,040

Income$12,852,963

Contributions$2,075

Mission work (program services)$9,502,776

Grants given$60,624,679

Average grant$30,312,340

Management and general$1,130,984

Stocks and bonds$1,159,978

Accounting fees$11,495

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

CLAIRE GUERETTEEXECUTIVE DIRECTOR · 40 hrs/week $253,101Base $199,632 · Other $53,469

EZRA EBANKSCONTROLLER · 40 hrs/week $143,727Base $118,137 · Other $25,590

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

CLAIRE GUERETTEEXECUTIVE DIRECTOR

EZRA EBANKSCONTROLLER

MATTHEW KNISELY PRES FROM4

WILLIAM WRIGHT IIBOARD MEMBER

TIM F WRAYBOARD MEMBER (UNTIL 4/2/24)

T DENNIS SULLIVANBOARD MEMBER

SUSAN K JANSENBOARD MEMBER

SUSAN H HEWITTPRESIDENT (UNTIL 4/2/24)

SUSAN WARDBOARD MEMBER

SUSAN HINKSON-CARLINGVP & TREASURER (FROM 4/10/24)

SHARON HARDYBOARD MEMBER

PETER D BARBEYBOARD MEMBER

PATRICIA GRAUEBOARD MEMBER

NATHANIEL F ROGERSBOARD MEMBER

MATTHEW KNISELY PRES FROM4/10/24) VP/SEC,TREAS (UNTIL 4/9/24)

CHRISTIAN B HYLTONBOARD MEMBER (UNTIL 4/2/24)

MARTEZ R MOOREBOARD MEMBER

LYNNE JORDAL MARTINBOARD MEMBER

JOHN G TALTYBOARD MEMBER

JOEL MOTLEYBOARD MEMBER

HILARY PENNINGTONBOARD MEMBER

GAYLE ROBINSONBOARD MEMBER

GABRIELLE SULZBERGERBOARD MEMBER (UNTIL 4/2/24)

DAVID HUMPHREVILLEBOARD MEMBER (UNTIL 4/2/24)

CHRISTOPHER MANNBOARD MEMBER

About this charity

Recognized since: January 2001
Location: 49 FULTON STREET, NEW YORK, NY 10038-1836
County: New York
In care of: % YURI KLARVIT/ ST MARGARETS
Primary officer: SUSAN HINKSON-CARLIN, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Phone(212) 766-8122

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: RSM US LLP
NTEE classification: Housing & Shelter (L210)
Grant-giving organization: Yes