CUCS INITIATIVES INC C/O CUCS

EIN: 203733716 501(c)(3) Housing & Shelter

NEW YORK, NY

Total Revenue
$803,467
Total Expenses
$589,738
Total Assets
$10,165,681
Net Assets
$5,041,552
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
DAWN M PINNOCK
Phone
2128013300
Tax Period
2024-07-01 to 2025-06-30

CUCS INITIATIVES INC C/O CUCS, founded in 2005, is a small nonprofit in the Housing & Shelter sector that reported $803K in total revenue in fiscal year 2024. The organization ran a surplus of $214K, a strong 27% operating margin.

Mission

THE CORPORATION HAS BEEN ORGANIZED FOR THE PURPOSES OF PROVIDING RELIEF TO THE POOR, DISTRESSED AND UNDERPRIVILEDGED BY PROMOTING LOW-INCOME HOUSING AND BY PROMOTING ECONOMIC DEVELOPMENT IN IMPOVERISHED NEIGHBORHOODS IN THE CITY OF NEW YORK.

Program Service Accomplishments

Program 1
Expenses: $516,254 Revenue: $803,274

THE PURPOSE OF THIS PROGRAM IS TO PROMOTE LOW INCOME HOUSING AND ECONOMIC DEVELOPMENT IN IMPOVERISHED NEIGHBORHOODS IN NEW YORK CITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $803,274
Investment Income $193
Other Revenue $0
TOTAL REVENUE $803,467

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $516,254
Other Expenses $589,738
TOTAL EXPENSES $589,738

Year-over-Year Comparison

2024 2023 Change
Revenue $803,467 $803,497 0.0%
Expenses $589,738 $599,630 0.0%
Net Income $213,729 $203,867 +0.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
2
Independent Members
N/A
Employees
N/A
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
$1,048,979
Total Directors
5
$1,048,979
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAWN M PINNOCK PRESIDENT & CEO (AS OF 7/24) 2.00
Officer Director
$0 $18,889 $203,115
JEFFREY HALFPENNY TREASURER (THROUGH 12/24) 2.00
Officer Director
$0 $57,477 $326,048
HADARYAH MORGAN SECRETARY/COO (THROUGH 4/25) 2.00
Officer Director
$0 $31,802 $299,345
BEATRICE THUO SECRETARY/COO (AS OF 6/25) 2.00
Officer Director
$0 $0 $0
ABENA NYAMEKYE TREASURER/CAO (AS OF 12/24) 2.00
Officer Director
$0 $36,680 $220,471
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 $803,467 $589,738 $10,165,681 $213,729
2024 $803,497 $599,630 $10,546,822 $203,867
2023 $804,098 $798,545 $10,536,132 $5,553
2022 $803,283 $640,821 $10,563,658 $162,462
2021 $803,277 $672,246 $10,594,061 $131,031
2020 $803,274 $687,803 $10,600,754 $115,471
2019 $803,274 $705,447 $10,651,272 $97,827
2018 $803,275 $730,168 $9,896,223 $73,107
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