ROCKLAND HOUSING ACTION COALITION INC

EIN: 133439109 501(c)(3) Housing & Shelter

NEW CITY, NY

Total Revenue
$3,808,122
Total Expenses
$3,878,269
Total Assets
$3,930,302
Net Assets
$1,254,858
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Financial Trends

Organization Details

Formation Year
1987
Legal Domicile
NY
Phone
8457085797
Tax Period
2024-08-01 to 2025-07-31

ROCKLAND HOUSING ACTION COALITION INC, founded in 1987, is a community nonprofit in the Housing & Shelter sector that reported $3.8M in total revenue in fiscal year 2024. Revenue surged 128% from the prior year, signaling strong growth momentum.

Mission

TO INCREASE THE SUPPLY OF AFFORDABLE HOUSING AVAILABLE FOR LOW AND MODERATE-INCOME PERSONS IN ROCKLAND COUNTY.

Program Service Accomplishments

Program 1
Expenses: $3,753,418

RHAC is working with Rockland County to develop workforce and senior housing using American Plan Rescue Act (ARPA) funding for low-moderate income households. In 2024, RHAC has successfully converted...

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RHAC is working with Rockland County to develop workforce and senior housing using American Plan Rescue Act (ARPA) funding for low-moderate income households. In 2024, RHAC has successfully converted the Spring Valley Housing Development Fund Corporations construction loan to permanent financing made available through the Community Preservation Corporation, the New York State Housing Financing Agency and the Rockland County ARPA funding. The Cooperative, consisting of 54 owner occupied units for low income households was in foreclosure due to fraudulent activity. RHACs staff is working with the cooperatives board of directors to oversee the day-to-day operations. Currently, RHAC is working with the Community Preservation Corporation, the New York State Housing and Community Renewal and the Rockland County ARPA Department to rebuild Building A, which was demolished due to a fire in 2017, and to refinance the 199 unit cooperative.In 2023, RHAC was awarded a $600,000 grant from the NYS Housing and Community Renewal to continue its rental assistance program. Currently, the program financially assists approximately 30 tenants at various locations throughout Rockland County. This year, RHAC has applied for additional funding to continue its successful program. In 2024, RHAC partnered with Rockland County to acquire land to construct up to 7 owned occupied homes in the Town of Clarkstown. In addition, RHAC was awarded a $1,400,000 grant from NYS Housing and Community Renewal to reduce the purchase prices of the homes. The homes will be sold to income-eligible households who earn up to 80% of the Rockland County Area Median Income.In 2024, RHAC partnered with Regan Development to construct 22 new homes in the Town of Clarkstown which will be sold to households earning up to 80% of the Rockland County area median income. The Rockland County ARPA Department has awarded the project $6,500,000 to acquire the site. RHAC is also working with Regan Development to construct 52 one and two bedroom rental units in Nanuet for low income seniors earning up to 80% of the Rockland County Area Median Income. The project was awarded a $5,000,000 ARPA loan from the Rockland County Office of Community Development. In 2024, RHAC received a Rockland County HOME award to buy out the Spring Valley Site III investor. This property is located on North Main Street and was part of the Spring Valley downtown revitalization.RHAC manages 714 affordable housing units throughout the lower Hudson Valley. It is our goal to increase the affordable housing stock and actively seek opportunities to create housing solutions for individuals and families with low incomes.RHAC is a HUD certified Housing Counseling Agency that provides financial counseling, including credit, budget, first-time homebuyer, rental and foreclosure prevention counseling to Rockland residents. Our counseling services are offered in both Spanish and English.RHAC is the Housing Monitor for the Village of Nyack, the Village of Piermont, the Town of Clarkstown and the Town of Orangetown. The Housing Monitor ensures the tenants identified for the rental and for sale units comply with the various affordable housing program guidelines.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,787,926
Program Service Revenue $981,342
Investment Income $5,273
Other Revenue $33,581
TOTAL REVENUE $3,808,122

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,393,985
Fundraising Expenses $0
Program Expenses $3,753,418
Other Expenses $2,484,284
TOTAL EXPENSES $3,878,269

Year-over-Year Comparison

2024 2023 Change
Revenue $3,808,122 $1,671,316 +1.3%
Expenses $3,878,269 $1,877,549 +1.1%
Net Income $-70,147 $-206,233 -0.7%
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
9
Independent Members
9
Employees
26
Volunteers
13

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
5
$0
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HELEN KENNY BURROWS Director 1.00
Director
$0 $0 $0
YOLANDA BARHAM President 1.00
Officer Director
$0 $0 $0
MICHAEL KROOG Director 1.00
Director
$0 $0 $0
EILEEN CLIFFORD Treasurer 3.00
Officer Director
$0 $0 $0
RENOLD JULIEN Director 1.00
Director
$0 $0 $0
DIANE GUERRA Director 1.00
Director
$0 $0 $0
DR DON HAMMOND Director 1.00
Director
$0 $0 $0
KEITH LIBOLT Director 1.00
Director
$0 $0 $0
IRA SCHOEPS President 1.00
Officer Director
$0 $0 $0
DR EGBERT SHILLINGFORD JR Director 1.00
Director
$0 $0 $0
KIMBERLY DENISE WESTON Director 1.00
Director
$0 $0 $0
ONIKKA WHITEHEAD Director 1.00
Director
$0 $0 $0
THERESA SMITH Executive Dir. 40.00
Officer Director
$0 $0 $0
FRANCES RIVERA Secretary 40.00
Officer
$0 $0 $0
GERRI LEVY EXECUTIVE DIRECTOR 40.00
$0 $0 $0
Stephanie Rojas hr 40.00
$0 $0 $0
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 $3,808,122 $3,878,269 $3,930,302 $-70,147
2024 $1,671,316 $1,877,549 $3,859,020 $-206,233
2023 $1,807,795 $1,661,139 $2,336,192 $146,656
2022 $1,188,967 $1,280,670 $2,152,682 $-91,703
2021 $1,612,597 $1,659,095 $2,307,639 $-46,498
2020 $738,473 $1,009,426 $2,422,548 $-270,953
2019 $580,337 $1,284,559 $1,848,303 $-704,222
2018 $2,009,135 $815,680 $2,606,148 $1,193,455
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