1650 BLHC Services Corp

EIN: 202031443 501(c)(3) Housing & Shelter

BRONX, NY

Total Revenue
$4,485,993
Total Expenses
$3,001,820
Total Assets
$25,621,935
Net Assets
$8,000,759
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2004
Legal Domicile
NY
Phone
7189018600
Tax Period
2023-01-01 to 2023-12-31

1650 BLHC Services Corp, founded in 2004, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2023. Revenue surged 29% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.5M, a strong 33% operating margin.

Mission

TO PROVIDE HOUSING IN SUPPORT OF EMPLOYEES AND PROGRAMS AT BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER.

Program Service Accomplishments

Program 1
Expenses: $2,846,521 Revenue: $4,485,677

OPERATION OF APARTMENT HOUSING IN THE BRONX, NEW YORK IN SUPPORT OF THE EMPLOYEES AND PROGRAMS AT THE BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER. HOUSING WAS...

Read more

OPERATION OF APARTMENT HOUSING IN THE BRONX, NEW YORK IN SUPPORT OF THE EMPLOYEES AND PROGRAMS AT THE BRONXCARE HEALTH SYSTEM AND BRONXCARE DR. MARTIN LUTHER KING, JR. HEALTH CENTER. HOUSING WAS PROVIDED FOR 72 EMPLOYEES.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,485,677
Investment Income $316
Other Revenue $0
TOTAL REVENUE $4,485,993

Expense Breakdown

Grants Paid $0
Salaries & Benefits $392,509
Fundraising Expenses $0
Program Expenses $2,846,521
Other Expenses $2,609,311
TOTAL EXPENSES $3,001,820

Year-over-Year Comparison

2023 2022 Change
Revenue $4,485,993 $3,487,316 +0.3%
Expenses $3,001,820 $2,943,490 +0.0%
Net Income $1,484,173 $543,826 +1.7%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
3
Independent Members
1
Employees
2
Volunteers
1

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
2
$3,519,316
Total Directors
3
$3,519,316
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT AND CEO 1.0
Officer Director
$0 $64,433 $2,374,107
N/A SENIOR VICE PRESIDENT AND CFO 1.0
Officer Director
$0 $65,626 $1,145,209
N/A DIRECTOR 1.0
Director
$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
2024 No data No data No data No data
2023 $4,485,993 $3,001,820 $25,621,935 $1,484,173
2022 $3,487,316 $2,943,490 $24,457,135 $543,826
2021 $3,440,352 $2,797,432 $24,229,902 $642,920
2020 $3,489,963 $2,694,745 $23,858,287 $795,218
2019 $3,553,515 $2,876,796 $23,339,424 $676,719
2018 $3,542,073 $2,791,191 $22,910,320 $750,882
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare 1650 BLHC Services Corp with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.