HOUSING OPTIONS AND GERIATRIC ASSOCIATION RESOURCES INC

EIN: 133887707 501(c)(3) Mental Health

BRONX, NY

Total Revenue
$12,610,974
Total Expenses
$12,428,451
Total Assets
$8,425,334
Net Assets
$2,752,019
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Phone
7187427646
Tax Period
2022-07-01 to 2023-06-30

HOUSING OPTIONS AND GERIATRIC ASSOCIATION RESOURCES INC, founded in 1996, is a mid-sized nonprofit in the Mental Health sector that reported $12.6M in total revenue in fiscal year 2022. Revenue surged 28% from the prior year, signaling strong growth momentum.

Mission

To assist societys most disenfranchised; the elderly, seriously mentally ill adults, the homeless, people living with AIDS and the physically challenged by promoting, fostering and providing the highest quality of housing and services in a most therapeutic, rehabilitative and aesthetic satisfying environment.

Program Service Accomplishments

Program 1
Expenses: $11,687,843

55 bed program that designed to provide emergency placement for HASA eligible homeless single adults and families, by offering temporary housing and case management services for clients meeting HASA...

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55 bed program that designed to provide emergency placement for HASA eligible homeless single adults and families, by offering temporary housing and case management services for clients meeting HASA admission criteria. The program provides fully furnished private rooms, private or shared bathrooms, lounges, efficiencies, laundry and recreational facilities.

Program 2

The Supported Housing Program is a scattered site apartment initiative designed to provide independent living options to mentally ill adults at specific locations throughout the Borough. The goal of...

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The Supported Housing Program is a scattered site apartment initiative designed to provide independent living options to mentally ill adults at specific locations throughout the Borough. The goal of this program is to prevent the unnecessary or inappropriate use of psychiatric inpatient resources and to maximize community reintegration in the least restrictive setting for the psychiatric consumer.

Program 3

12-bed congregate treatment program (supervised community residence) that is designed for monolingual and bilingual Spanish patients at Bronx Psychiatric Center who are discharge ready. The program...

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12-bed congregate treatment program (supervised community residence) that is designed for monolingual and bilingual Spanish patients at Bronx Psychiatric Center who are discharge ready. The program is designed for individuals that are diagnosed with a severe and persistent mental illness. It provides residential services that support and assist residents with their goal of integration into the community. The program has a rehabilitative focus and is responsible for referring residents to services that are consistent with their desire, needs, tolerance and capability to participate in such services. The rehabilitative focus of the congregate treatment program provides for improved resident independence: choices and outcomes.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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

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Financial Overview (2022)

Revenue Breakdown

Contributions & Grants $11,867,818
Program Service Revenue $473,841
Investment Income $362
Other Revenue $268,953
TOTAL REVENUE $12,610,974

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,316,138
Fundraising Expenses $0
Program Expenses $11,687,843
Other Expenses $8,112,313
TOTAL EXPENSES $12,428,451

Year-over-Year Comparison

2022 2021 Change
Revenue $12,610,974 $9,886,436 +0.3%
Expenses $12,428,451 $8,397,721 +0.5%
Net Income $182,523 $1,488,715 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
7
Independent Members
7
Employees
87
Volunteers
N/A

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
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Federico Perez Chairperson 0.00
Officer Director
$0 $0 $0
Alvin Bridgewater Vice Chair 0.00
Officer Director
$0 $0 $0
Anna Vincenty Vice Chair 0.00
Officer Director
$0 $0 $0
Gladys Cintron Sec/Treasurer 0.00
Officer Director
$0 $0 $0
Pascual Gomez Director 0.00
Director
$0 $0 $0
Roland Lopez Director 0.00
Director
$0 $0 $0
Guillermo Alzate Director 0.00
Director
$0 $0 $0
Ed Poppiti Executive Dir. 35.00
Officer
$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 No data No data No data No data
2024 No data No data No data No data
2023 $12,610,974 $12,428,451 $8,425,334 $182,523
2023 $12,862,258 $12,679,738 $8,647,362 $182,520
2022 $9,886,436 $8,397,721 $6,197,222 $1,488,715
2021 $8,395,552 $8,176,819 $5,301,194 $218,733
2020 $7,891,832 $7,920,282 $3,951,170 $-28,450
2019 $8,404,557 $7,801,674 $3,861,112 $602,883
2018 $7,182,339 $7,152,142 $6,173,922 $30,197
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