Overview

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Est.

2023

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

5 Borough Housing Movement Inc is a nonprofit organization focused on advocating for policies that increase housing supply and promote affordable housing production in historically underserved areas of New York City. With an operating budget of $69.8K and total revenue of $93K for the 2024 filing year, the organization is primarily supported by a significant funder contributing $2.5M, which accounts for a substantial portion of its revenue. The organization is dedicated to engaging in actions and activities that further its mission of enhancing housing accessibility in the city.

Mission Statement

5 BOROUGH HOUSING MOVEMENT MISSION IS TO WORK TOWARD THE ADOPTION OF POLICIES THAT BOOST HOUSING SUPPLY AND AFFORDABLE HOUSING PRODUCTION IN HISTORICALLY UNDERSERVED AREAS OF NEW YORK CITY, AND TO ENGAGE IN ACTIONS AND ACTIVITIES THAT FURTHER THAT PURPOSE.
Revenues
$93K
Expenses
$69.8K
Net Income:
+$23.2K
Assets
$26.1K
Liabilities
$0
Net Assets:
+$26.1K
Operating Budget
$69.8K
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$93K
Largest grant received
$93K
J
Jim Whelan
Board Member
C
Carl Hum
Board Member
A
Aravella Simotas
Board Member

Frequently Asked Questions

What is 5 BOROUGH HOUSING MOVEMENT INC’s budget?
In 2024, 5 BOROUGH HOUSING MOVEMENT INC reported an annual operating budget of around $70 thousand. More detailed financial information is available to registered users.
Where does 5 BOROUGH HOUSING MOVEMENT INC operate?
5 BOROUGH HOUSING MOVEMENT INC is headquartered in New York, NY.
Who funded 5 BOROUGH HOUSING MOVEMENT INC recently?
In 2024, 5 BOROUGH HOUSING MOVEMENT INC received grants from TAXPAYERS FOR AN AFFORDABLE NY INC C/O THE REAL ESTATE BOARD OF NY and TAXPAYERS FOR AN AFFORDABLE NY INC C/O THE REAL ESTATE BOARD OF NY. More information on this organization’s funders is available to registered users.
What is the largest grant 5 BOROUGH HOUSING MOVEMENT INC received in 2024?
The largest grant to 5 BOROUGH HOUSING MOVEMENT INC in 2024 exceeds $93 thousand.