PRATT AREA COMMUNITY COUNCIL INC

EIN: 112451752 501(c)(3) Housing & Shelter

BROOOKLYN, NY

Total Revenue
$3,766,322
Total Expenses
$6,512,526
Total Assets
$27,347,595
Net Assets
$13,340,019
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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
NY
Principal Officer
CRAIG CAMPBELL
Phone
7185222613
Tax Period
2024-07-01 to 2025-06-30

PRATT AREA COMMUNITY COUNCIL INC, founded in 1972, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2024. Revenue fell 26% from the prior year — a significant decline worth monitoring. Expenses of $6.5M exceeded revenue, resulting in a 73% operating deficit.

Mission

PRATT AREA COMMUNITY COUNCIL, INC. DBA IMPACCT BROOKLYN IS A NON-PROFIT, 501 (C) (3) ORGANIZATION. IMPACCT BROOKLYN WAS FOUNDED IN 1964 AND INCORPORATED ON JANUARY 1972. INITIALLY FOCUSED ON THE WALLABOUT, FORT GREEN, CLINTON HILL AND BEDFORD STUYVESANT NEIGHBORHOODS OF BROOKLYN, THE ENTITY HAS EXPANDED TO PROVIDE PROGRAMS AND SERVICES THROUGHOUT KINGS COUNTY. WE HAVE A FOCUS IN THE HISTORICALLY RICH BLACK COMMUNITIES OF BROOKLYN; INCLUDING: BEDFORD-STUYVESANT, BROWNSVILLE, CROWN HEIGHTS, FORT GREEN, CLINTON HILL, AND PROSPECT HEIGHTS. IMPACCT BROOKLYN UNDERSTANDS THAT LONG-TERM ECONOMIC VITALITY, ENVIRONMENTAL HEALTH AND SOCIAL COHESION ARE IMPORTANT COMPONENTS OF A SUCCESSFUL, SUSTAINABLE COMMUNITY, WITH RESIDENTS PROVIDED WITH TOOLS TO NOT ONLY CONTINUE TO IMPROVE THEIR LIVES BUT TO ALSO PROVIDE THEIR PERSONAL CONTRIBUTION TO THE CONTINUED IMPROVEMENT OF THEIR COMMUNITY. THROUGH FOUR OVERARCHING PROGRAMS, IMPACCT BROOKLYN CONTINUES TO FIGHT FOR SAFE AND AFFORDABLE HOUSING, AND TO HELP RESIDENTS BUILD AND SUSTAIN FLOURISHING COMMUNITIES THROUGHOUT BROOKLYN. THE FOUR PROGRAM AREAS ARE: AFFORDABLE, SUPPORTIVE HOUSING AND HOMEOWNERSHIP ; RESIDENT ENGAGEMENT, COMMUNITY ORGANIZING AND ADVOCACY; ECONOMIC DEVELOPMENT AND SMALL BUSINESS SERVICES; AND SUPPORTIVE HOUSING SOCIAL SERVICES.

Program Service Accomplishments

Program 1
Expenses: $3,240,993 Revenue: $281,587

IMPACCT BROOKLYN DEVELOPS, OWNS AND OPERATES AFFORDABLE HOUSING, INCLUDING SUPPORTIVE HOUSING SERVICESAND OTHER PROGRAMS AND SERVICES THAT IMPROVE THE WELL-BEING OF VULNERABLE AND/OR INDIVIDUALS...

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IMPACCT BROOKLYN DEVELOPS, OWNS AND OPERATES AFFORDABLE HOUSING, INCLUDING SUPPORTIVE HOUSING SERVICESAND OTHER PROGRAMS AND SERVICES THAT IMPROVE THE WELL-BEING OF VULNERABLE AND/OR INDIVIDUALS FORMERLY LIVING WITH HOMELESSNESS. IMPACCT BROOKLYN PROVIDES DIRECT SUPPORTIVE HOUSING SERVICES AT OUR GIBB MANSION AND NAVY GREEN RESIDENCE. THESE FACILITIES HOUSES CHRONICALLY ILL AND LOW INCOME INDIVIDUALS. WE PROVIDE RESPONSIVE AND COMPASSIONATE CARE TO THE RESIDENTS WHO CALL IT HOME. ON STAFF ARE SOCIAL WORKERS, CASE MANAGERS, A RESIDENT MANAGER, COOK AND COOKING STAFF, A SUBSTANCE ABUSE SPECIALIST, AND ACTIVITIES COORDINATOR. RESIDENTS RECEIVE REGULAR COUNSELING ON A WEEKLY BASIS. GIBB MANSION IS ALWAYS BUSTLING WITH ACTIVITY. RESIDENTS SHARE FIVE FRESH, HOT MEALS PER WEEK, AND THE ACTIVITIES COORDINATOR KEEPS THE SCHEDULE FULL OF CLASSES, OUTINGS, PARTIES AND COMMUNITY EVENTS.THE COMMUNITY AT GIBB MANSION IS THRIVING AS STAFF AND RESIDENTS WORK TOGETHER TO CREATE A POSITIVE, HEALTHY AND EMPOWERING ENVIRONMENT THAT FACILITATES HEALING AND WELLNESS. IN FISCAL 2023 71 INDIVIDUALS WERE HOUSED, 50 CHRONICALLY ILL INDIVIDUALS ARE RECEIVING CASE MANAGEMENT AND COUNSELING. IMPACCT BROOKLYN'S OTHER SUPPORTIVE HOUSING IS FOUND AT 40 VANDERBILT AVENUE, NAVY GREEN. THIS 98-UNIT PERMANENT SUPPORTIVE HOUSING BUILDING IS PART OF A LARGE SCALE RESIDENTIAL COMPLEX NAMED NAVY GREEN WITH 458 UNITS OF MIXED INCOME HOUSING, OPEN GREEN SPACE, RETAIL FACILITY AND COMMUNITY SPACE. THE RESIDENCE IS COMPRISED OF STUDIO APARTMENTS FOR 59 SINGLE ADULTS THAT ARE CHRONICALLY ILL WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR CHEMICAL ADDITION. THE REMAINING 38 UNITS ARE FOR LOW INCOME COMMUNITY RESIDENTS. THERE IS ALSO A LIVE IN SUPERINTENDENT AND 24/7 STAFFED SECURITY ONSITE. SOCIAL SERVICES ARE OFFERED TO ALL RESIDENTS BY BROOKLYN COMMUNITY HOUSING AND SERVICES AND FUNDED THROUGH THE HISTORIC NY/NY III PARTNERSHIP BETWEEN NYC AND NYS THROUGH THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE.

Program 2
Expenses: $682,113 Revenue: $358,384

AFFORDABLE HOUSING DEVELOPMENT WORKS WITH COMMUNITY MEMBERS, GOVERNMENT OFFICIALS AND AGENCIES, FINANCIAL INSTITUTIONS AND DEVELOPERS TO BUILD AND PRESERVE AFFORDABLE AND SUPPORTIVE HOUSING UNITS FOR...

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AFFORDABLE HOUSING DEVELOPMENT WORKS WITH COMMUNITY MEMBERS, GOVERNMENT OFFICIALS AND AGENCIES, FINANCIAL INSTITUTIONS AND DEVELOPERS TO BUILD AND PRESERVE AFFORDABLE AND SUPPORTIVE HOUSING UNITS FOR VERY LOW TO MODERATE INCOME HOUSEHOLDS. AS PART OF THE ORGANIZATIONS MISSION OF ENSURING THE LONG TERM AFFORDABILITY OF HOUSING FOR LOW INCOME RESIDENTS. IMPACCT BROOKLYN HAS COMMITTED 143 UNITS TO THE JOINT OWNERSHIP ENTITY (THE JOENY) AS PART OF A JOINT VENTURE WITH BRIDGE STREET LOCAL DEVELOPMENT, SNA, AND BEDFORD STUYVESANT RESTORATION CORPORATION TO PRESERVE OVER 500 UNITS OF AFFORDABLE HOUSING. WE HAVE A PIPELINE OF AFFORDABLE HOUSING PROJECTS THAT INCLUDE MISSION / FAITH BASED DEVELOPMENT WITH A FOCUS ON SENIOR HOUSING. IN ADDITION, WORKING WITH THE CITY OF NY AND NEW YORK STATE WE WILL BE BUILDING ANOTHER SUPPORTIVE HOUSING FACILITY FOR SENIORS LIVING WITH CHRONIC MENTAL ILLNESS LOCATED IN BEDFORD STUYVESANT, BROOKLYN.

Program 3
Expenses: $389,778

OUR ECONOMIC DEVELOPMENT DEPARTMENT SERVES THE SMALL BUSINESS COMMUNITY IN CENTRAL BROOKLYN BY PROVIDING TECHNICAL SUPPORT, COMMERCIAL LEASING SERVICES AND PRO-BONO LEGAL SERVICES THROUGH THE LAW...

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OUR ECONOMIC DEVELOPMENT DEPARTMENT SERVES THE SMALL BUSINESS COMMUNITY IN CENTRAL BROOKLYN BY PROVIDING TECHNICAL SUPPORT, COMMERCIAL LEASING SERVICES AND PRO-BONO LEGAL SERVICES THROUGH THE LAW FIRM STROOCK & STROOCK. IMPACCT BROOKLYN ALSO SERVES ON THE BOARD OF THE MARP AND FULTON STREET BUSINESS IMPROVEMENT DISTRICTS.

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,407,893
Program Service Revenue $607,284
Investment Income $3,886
Other Revenue $747,259
TOTAL REVENUE $3,766,322

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,981,147
Fundraising Expenses $0
Program Expenses $4,312,884
Other Expenses $3,531,379
TOTAL EXPENSES $6,512,526

Year-over-Year Comparison

2024 2023 Change
Revenue $3,766,322 $5,108,856 -0.3%
Expenses $6,512,526 $6,018,422 +0.1%
Net Income $-2,746,204 $-909,566 +2.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
5
Independent Members
5
Employees
50
Volunteers
21

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
7
$78,542
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AMY CHEN DIRECTOR (OUTGOING) 0.50
Director
$0 $0 $0
DANIEL FENNESSEY BOARD VICE CHAIR 0.50
Officer Director
$0 $0 $0
ELIZABETH ZELDIN DIRECTOR 0.50
Director
$0 $0 $0
FRANTZ METELLUS DIRECTOR 0.50
Director
$0 $0 $0
HEATHER GERSHEN DIRECTOR (OUTGOING) 0.50
Director
$0 $0 $0
JOHN DEW DIRECTOR (OUTGOING) 0.50
Director
$0 $0 $0
LISA DAVIS DIRECTOR (OUTGOING) 0.50
Director
$0 $0 $0
LLOYD SENIOR TREASURER/DIRECTOR 0.50
Officer Director
$0 $0 $0
MARLENE ZURACK DIRECTOR (OUTGOING) 0.50
Director
$0 $0 $0
PATRICIA ANNA ROCK BOARD SECRETARY 0.50
Officer Director
$0 $0 $0
YVONNE CUMMINGS CHAIR (OUTGOING) 0.50
Officer Director
$0 $0 $0
CRAIG CAMPBELL CFO 35.00
Officer
$0 $0 $0
JAMAL ROBINSON EXECUTIVE DIRECTOR 35.00
Officer
$63,901 $0 $63,901
SAMMY AHMED CFO (OUTGOING) 35.00
Officer
$14,641 $0 $14,641
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,766,322 $6,512,526 $27,347,595 $-2,746,204
2024 $5,108,856 $6,018,422 $24,579,841 $-909,566
2024 $4,594,825 $5,918,454 $7,288,241 $-1,323,629
2023 $3,946,938 $5,961,287 $5,681,767 $-2,014,349
2022 $3,597,570 $4,717,825 $10,112,640 $-1,120,255
2021 $5,512,215 $4,693,409 $10,567,531 $818,806
2020 $5,133,432 $4,214,954 $8,427,816 $918,478
2019 $4,663,799 $4,561,031 $6,569,050 $102,768
2018 $4,781,421 $4,531,880 $6,088,390 $249,541
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