BROADWAY HOUSING COMMUNITIES INC Charity Report

Public IRS 990 nonprofit record

BROADWAY HOUSING COMMUNITIES INC

EIN 13-3212867 · Human Services (P85Z)

What they do

BROADWAY HOUSING COMMUNITIES SEEKS to ACTIVELY ENGAGE and SUPPORT THE COMMUNITY WE SERVE THROUGH A UNIQUE SUPPORTIVE MODEL BLENDING STABLE AFFORDABLE HOUSING, ACCESS to THE ARTS, and EARLY CHILDHOOD EDUCATION PROGRAMS. (SEE SCHEDULE O).SINCE 1983, BROADWAY HOUSING COMMUNITIES (BHC) HAS PROVIDED PERMANENT HOMES for THOUSANDS of ADULTS, CHILDREN and FAMILIES; HIGH QUALITY EARLY CHILDHOOD PROGRAMS THAT IMPROVE OUTCOMES for RESIDENT and COMMUNITY CHILDREN; and OPPORTUNITIES for LOCAL ARTISTS to EXHIBIT THEIR WORK and ENGAGE THE COMMUNITY.THE SUCCESS of OUR MODEL is ROOTED IN COMMUNITY, and A COMMITMENT to ENSURING THAT THE ADULTS, CHILDREN and FAMILIES WE SERVE RECEIVE THE SUPPORT THEY NEED to LIVE INDEPENDENT, STABLE LIVES. PLEASE ENJOY THE SLIDESHOW BELOW, CREATED ON THE OCCASION of BROADWAY HOUSING COMMUNITIES 30TH ANNIVERSARY IN 2013, WITH ITS COMPREHENSIVE and INCLUSIVE HISTORY of THE MANY PASSIONATE INDIVIDUALS WHO CAME TOGETHER to BUILD, SUSTAIN and FURTHER OUR MISSION.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $68.40 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 leaders23 people are listed in the latest report.

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

Money made simple

69.29%of revenue went to mission work68.4% of expenses · Program services

4.63%of revenue went to fundraising4.6% of expenses

$101.35spent for every $100 of revenueSpending was higher than revenue this year.

27.43%of revenue went to management and office costs27.1% of expenses

$1.54in assets for every $1 spent this yearSome assets cannot be spent right away.

80.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

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.

Worth asking: Expenses exceeded revenue by $131,693 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $289,078 for CHARLENE MELVILLE (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$9,789,750

Mission workProgram services$6,783,21669.29% of revenue68.4% of expenses

ManagementOffice and general costs$2,685,28027.43% of revenue27.1% of expenses

FundraisingAsking for donations$452,9474.63% of revenue4.6% of expenses

Total expenses$9,921,443101.35% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 68.4% mission · 27.1% management · 4.6% fundraisingTotal expenses: 101.35% of revenue

2023Expense mix: 76.3% mission · 19.2% management · 4.5% fundraisingTotal expenses: 77.57% of revenue

2022Expense mix: 73.1% mission · 23.1% management · 3.8% fundraisingTotal expenses: 103.35% of revenue

2021Expense mix: 80.0% mission · 14.0% management · 6.0% fundraisingTotal expenses: 71.29% of revenue

2020Expense mix: 78.6% mission · 16.6% management · 4.8% fundraisingTotal expenses: 113.63% of revenue

2019Expense mix: 67.2% mission · 28.5% management · 4.4% fundraisingTotal expenses: 108.46% of revenue

2018Expense mix: 68.9% mission · 24.5% management · 6.6% fundraisingTotal expenses: 102.36% of revenue

2017Expense mix: 77.5% mission · 17.4% management · 5.1% fundraisingTotal expenses: 90.85% of revenue

Money in and money out

Revenue$9,789,750

Expenses$9,921,443

Annual shortfall $131,693 Expenses were higher than revenue 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)$6,783,216 · 68.4% of expenses

Management and office costs$2,685,280 · 27.1% of expenses

Fundraising$452,947 · 4.6% of expenses

See all reported dollar amounts

Revenue$9,789,750

Expenses$9,921,443

Assets$15,299,281

Income$10,103,197

Contributions$7,911,240

Mission work (program services)$6,783,216

Fundraising$452,947

Grants given$5,289,936

Average grant$755,705

Management and general$2,685,280

Executive compensation (total)$551,660

Stocks and bonds$617

Accounting fees$139,598

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

CHARLENE MELVILLEEXECUTIVE DIRECTOR · 25 hrs/week $289,078Base $257,692 · Other $31,386

DAVID NATHANSONCHIEF FINANCIAL OFFICER · 25 hrs/week $244,625Base $205,207 · Other $39,418

JANET MCCREATHDIRECTOR OF FINANCE · 35 hrs/week $207,681Base $168,151 · Other $39,530

JAN PETRIGANDIRECTOR OF OPERATIONS · 25 hrs/week $176,738Base $153,864 · Other $22,874

NASREEN FERDOUSDIRECTOR OF HUMAN RESOURCE · 35 hrs/week $161,149Base $120,692 · Other $40,457

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 (23)

CHARLENE MELVILLEEXECUTIVE DIRECTOR

DAVID NATHANSONCHIEF FINANCIAL OFFICER

JANET MCCREATHDIRECTOR OF FINANCE

JAN PETRIGANDIRECTOR OF OPERATIONS

NASREEN FERDOUSDIRECTOR OF HUMAN RESOURCE

PRINCESS V LYLESDIRECTOR

VALERIE CAMPBELLDIRECTOR

TREVOR ADLERVICE CHAIR

THOMAS KEARNS ESQDIRECTOR

SUSAN MACKENZIEDIRECTOR

SHERI SANDLERDIRECTOR

SADDIE SMITHVICE CHAIR

ROMAN JACKSONDIRECTOR

RICH MERSERAUDIRECTOR

FR JOHN MCVAINDIRECTOR/EMERITUS (NON-VOTING)

PATTI LIEBERMANDIRECTOR

NEIL BHARGAVASECRETARY

ALAN WEILCHAIRMAN

MIRIAM RACCAHDIRECTOR

MICHAEL SULLIVANTREASURER

KRISTEN CHARDDIRECTOR

CHRISTOPHER OMACHIDIRECTOR

FR JOHN FELICEDIRECTOR/EMERITUS (NON-VOTING)

About this charity

Recognized since: January 1991
Location: 583 RIVERSIDE DRIVE, NEW YORK, NY 10031
County: New York
In care of: JANET MCCREATH
Primary officer: JANET MCCREATH, DIRECTOR OF FINANCE

How to reach them

WebsiteVisit the charity’s website Emailinfor@bhc.org Phone(212) 568-2030

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: GRANT THORNTON ADVISORS LLC
NTEE classification: Human Services (P85Z)
IRS tax category: Services for the Elderly and Persons with Disabilities
Grant-giving organization: Yes