Neighborhood Coalition For Shelter
Meets Standards
Standards For Charity Accountability
Governance
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Board Oversight
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Board Size
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Board Meetings
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Board Compensation
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Conflict of Interest
Measuring Effectiveness
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Effectiveness Policy
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Effectiveness Report
Finances
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Program Expenses
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Fundraising Expenses
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Accumulating Funds
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Audit Report
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Detailed Expense Breakdown
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Accurate Expense Reporting
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Budget Plan
Fundraising & Info
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Truthful Materials
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Annual Report
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Website Disclosures
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Donor Privacy
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Cause Marketing Disclosures
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Complaints
Neighborhood Coalition For Shelter meets the 20 Standards for Charity Accountability.
Stated Purpose:
Neighborhood Coalition for Shelter provides New Yorkers who are homeless or at risk of homelessness with a home, a community, and access to the services that they need to thrive. We create innovative solutions and engage community partners to provide housing and support that can transform lives.
Year, State Incorporated:
1982, NY
Neighborhood Coalition for Shelter (NCS) helps New Yorkers who are struggling with homelessness, often compounded by mental illness or substance use, to achieve their highest level of independence. We were established in 1982 by faith and community leaders on Manhattan’s Upper East Side who believed that homelessness is the responsibility of the entire community. Forty years later we are still guided by the principle that neighbors should help neighbors.
NCS provides New Yorkers who are homeless or at risk of homelessness with a home, a community, and access to the services that they need to thrive.
For the year ended June 30, 2024, Neighborhood Coalition For Shelter's program expenses were:
| Programs | $4,513,638 |
| Total Program Expenses | $4,513,638 |
Chief Executive
Ann Shalof, CEO
Compensation*
$208,846
Chair of the Board
David Oliver, Partner
Chair's Profession / Business Affiliation
Stone Harbor Investment Partners, LP
Board Size
21
Paid Staff Size
41
* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Method(s) Used:
Direct mail appeals, Invitations to fund raising events, Grant proposals, Internet, Planned giving arrangements, Membership appeals, Appeals via Social Media (Facebook, etc.)
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.
The following information is based on Neighborhood Coalition For Shelter's audited financial statements - consolidated for the year ended June 30, 2024.
Source of Funds
| Government Grants | $2,736,798 |
| Contributions | $2,034,062 |
| Miscellaneous | $404,113 |
| Interest and Dividends | $288,498 |
| Special Events | $215,483 |
| Tenant Rental Income | $212,827 |
| Medicaid Income | $192,155 |
| Contributions In Kind | $99,578 |
| Total Income | $6,183,514 |
Programs: 72% Fundraising: 8% Administrative: 20%
| Total Income | $6,183,514 |
| Total expenses: | $6,275,603 |
| Program expenses | $4,513,638 |
| Fundraising expenses | $492,170 |
| Administrative expenses | $1,269,795 |
| Other expenses | $0 |
| Income in Excess of Expenses | $-92,089 |
| Beginning Net Assets | $9,794,968 |
| Other Changes In Net Assets | $415,934 |
| Ending Net Assets | $10,118,813 |
| Total Liabilities | $1,190,163 |
| Total Assets | $11,308,976 |
An organization may change its practices at any time without notice. A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. If the report is about a charity and states the charity meets or does not meet the Standards for Charity Accountability, it reflects the results of an evaluation of information and materials provided voluntarily by the charity. The name Better Business Bureau is a registered service mark of the International Association of Better Business Bureaus.
This report is not to be used for fundraising or promotional purposes.
RELATED CONTENT
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Meets Standards
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Standards Not Met
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Did Not Disclose
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Review in Progress
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Unable to Verify
Report completed by:
BBB Foundation of Metropolitan New York