2024-05-15T16:50:59-05:00 2023-06-30 221478099 COHNREZNICK LLP 14 SYLVAN WAY PARSIPPANY NJ 070543801 990 2022-07-01 112451752 PRATT AREA COMMUNITY COUNCIL INC PRAT 7185222613 1000 DEAN STREET 420 BROOOKLYN NY 11238 YVONNE CUMMINGS CHAIR 7185222613 2024-05-12 1 YVONNE CUMMINGS XXX-XX-XXXX 1 LORI ROTHE YOKOBOSKY CPA P01273422 9732283500 2024-05-14 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z IMPACCT BROOKLYN YVONNE CUMMINGS 1000 DEAN STREET 420 BROOOKLYN NY 11238 4186608 0 X WWW.IMPACCTBROOKLYN.ORG X 1972 NY TO PROMOTE AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT. 18 18 45 18 100117 58156 3046869 3032558 899903 417282 -897514 13697 548312 483401 3597570 3946938 0 0 0 0 2547159 3543483 105333 0 174230 2065333 2417804 4717825 5961287 -1120255 -2014349 10112640 5681767 8688199 6276508 1424441 -594741 X SEE SCHEDULE O 0 0 3236620 208108 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. 599288 264803 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. 318918 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. 4154826 1 1 0 1 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 25 0 1 45 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 18 18 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X LESIA BATES 7185222613 1000 DEAN STREET 420 BROOOKLYN NY 11238 AMY CHEN DIRECTOR 0.50 X 0 0 0 ANNEMARIE STANISLAUS DIRECTOR 0.50 X 0 0 0 DESIREE FRIESON DIRECTOR 0.50 X 0 0 0 ELIZABETH ZELDIN DIRECTOR 0.50 X 0 0 0 FRANTZ METELLUS DIRECTOR 0.50 X 0 0 0 HEATHER GERSHEN DIRECTOR 0.50 X 0 0 0 IMANI GRISZELL VICE CHAIR 0.50 3.50 X X 0 0 0 JIM BAEK SECRETARY 0.50 X X 0 0 0 JOHN DEW DIRECTOR 0.50 X 0 0 0 LISA DAVIS DIRECTOR 0.50 X 0 0 0 LLOYD SENIOR TREASURER 0.50 X X 0 0 0 MARCIA BROWN DIRECTOR 0.50 X 0 0 0 MARLENE ZURACK DIRECTOR 0.50 X 0 0 0 PATRICIA ANNA ROCK DIRECTOR 0.50 X 0 0 0 SAUNDRA HAMPTON DIRECTOR 0.50 X 0 0 0 SHAMBHAVI MANGLIK DIRECTOR 0.50 X 0 0 0 TERENCE KELLY DIRECTOR 0.50 X 0 0 0 YVONNE CUMMINGS CHAIR 0.50 3.50 X X 0 0 0 BERNELL GRIER EXECUTIVE DIRECTOR 35.00 3.00 X 180448 0 7774 RUDO RAYMO OUTGOING COMPTROLLER 35.00 X 78865 0 14770 SAMMY AHMED CFO 35.00 X 0 0 0 ROBERT JEFFERSON HOUSING DEVELOPMENT DIRECT 35.00 X 109460 0 0 368773 0 22544 2 0 1 0 BATES CONSULTING GROUP 50 PLAZA ST EAST SUITE 8D BROOKLYN NY 11238 CONSULTING 215460 1 1374861 1657697 3032558 DEVELOPER FEES 531390 320304 320304 RENTAL INCOME 531110 65700 65700 MARKETING INCOME 541610 16461 16461 PROJECT ADMIN. FEE 624200 14817 14817 417282 13697 13697 667442 239670 427772 427772 100117 327655 55629 55629 55629 3946938 472911 100117 341352 X 334362 242261 88600 3501 2884657 2090070 764498 30089 158087 114541 41807 1739 166377 120548 43272 2557 127287 127287 38231 38231 860684 362379 376742 121563 48003 36102 11474 427 85587 72646 10909 2032 26952 21921 4987 44 368019 307309 51278 9432 59011 14456 44313 242 8870 5516 3354 34735 33212 1523 74277 72229 1737 311 66991 63811 3022 158 PROGRAM MATERIALS 520313 520313 EQUIPMENT LEASE 35493 29498 4455 1540 REPAIRS & EQUIPMENT MAI 25910 25422 488 DUES AND SUBSCRIPTION 25718 10894 14254 570 11723 11698 25 5961287 4154826 1632231 174230 5241256 3056028 1785802 1522241 25611 20822 20935 1796008 1394324 470337 401684 2594423 655268 10112640 5681767 1460116 736163 108750 1313446 667049 148128 146171 775380 798024 4882379 3929101 8688199 6276508 X 1422571 -596611 1870 1870 1424441 -594741 10112640 5681767 -2014349 -4833 0 X 0 0 0 X 2426137 2349183 2705866 3046869 3032558 13560613 1926248 2183483 2965766 899903 417282 8392682 4352385 4532666 5671632 3946772 3449840 21953295 0 0 0 21953295 549193 689845 579193 583404 555439 2957074 549193 689845 579193 583404 555439 2957074 28565 86367 114932 58288 623968 80145 141869 55629 959899 4959866 5846479 6330970 4700610 4147275 25985200 0.84480 0.85330 0.11380 0.10860 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 43,100. 2019 AMOUNT: $ 107,253. 2020 AMOUNT: $ 36,494. 2021 AMOUNT: $ 141,869. 2022 AMOUNT: $ 55,629. WORKSHOP FEE - 2018 AMOUNT: $ 15,188. 2019 AMOUNT: $ 14,715. 2020 AMOUNT: $ 8,651. FUNDRAISING - BAD DEBTS RECOVERY - 2019 AMOUNT: $ 502,000. 2020 AMOUNT: $ 35,000. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 27000 1 0 27000 0 PART II-B, LINE 1: OUR COMMUNITY ORGANIZING STAFF HAS BEEN ENGAGED IN THE FOLLOWING COALITIONS: THE RENT JUSTICE COALITION WHICH CONTINUES TO ADVOCATE FOR THE RENT GUIDELINES BOARD TO PASS REASONABLE AND EQUITABLE RENT ADJUSTMENTS; THE RIGHT TO COUNSEL COALITION WHICH IS WORKING TOWARDS THE PASSAGE OF LEGISLATION AT NY COUNCIL LEVEL TO ENACT THE RIGHT TO LEGAL REPRESENTATION FOR LOW-INCOME TENANTS AND HOMEOWNERS IN HOUSING COURT; THE STABILIZING NYC COALITION WHICH IS COMBATTING DISPLACEMENT THROUGH PREDATORY EQUITY INVESTMENT AND TACTICS AND ADVOCATES TO STRENGTHEN TENANT PROTECTION LAWS. THE DEPARTMENT ALSO ENLISTED THE PARTICIPATION OF TENANT LEADERS TO ATTEND RALLIES IN SUPPORT OF THE AFOREMENTIONED COALITIONS AND TO MEET WITH LEGISLATORS ON THESE ISSUES, TYPICALLY THREE TIMES A YEAR. 0 1 X 20000 20000 700494 474817 225677 417686 334836 82850 177455 177455 0 480373 407216 73157 401684 TENANTS SECURITY DEPOSITS 167464 ADVISORY SERVICE FEES RECEIVABLE 373809 LONG TERM RECEIVABLE 105720 OTHER ASSETS 8275 655268 INVESTMENT IN PARTNERSHIPS 3154452 DUE TO AFFILIATES 55382 DEFERRED RENT 719267 3929101 PART IV, LINE 2B: TENANTS SECURITY DEPOSITS HELD IN PACC CAPITAL ONE BANK. X X 0 0 0 0 0 0 0 0 0 BERNELL GRIER EXECUTIVE DIRECTOR 180448 0 0 0 0 0 0 0 7774 0 188222 0 0 0 FORM 990, PART III, LINE 1 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. FORM 990, PART IV, LINE 12B: AS OF THE DATE OF FILING THE AUDIT HAS NOT YET BEEN COMPLETED. FORM 990 HAS BEEN PREPARED BASED ON THE BEST INFORMATION AVAILABLE. SHOULD INFORMATION SUBSTANTIALLY CHANGE UPON COMPLETION OF THE AUDIT, APPROPRIATE ACTION WILL BE TAKEN. FORM 990, PART VI, SECTION A, LINE 6 IMPACCT BROOKLYN IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS ELECT THE BOARD OF DIRECTORS AT OUR ANNUAL MEETING IN JUNE. THE DIRECTORS SERVE 3 YEAR TERMS WITH A MAXIMUM OF 3 TERMS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING HELD IN JUNE EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 WAS DISCUSSED AND REVIEWED BY THE JOINT FINANCE AND AUDIT COMMITTEE OF THE BOARD. THE JOINT COMMITTEE RECOMMENDED APPROVAL BY THE FULL BOARD AFTER MANAGEMENT, WORKING WITH THE AUDITORS, MADE ANY FINAL NECESSARY REVISIONS. A FINAL 990 FORM WAS THEN PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING FOR COMMENT. NO ADDITIONAL COMMENTS WERE RECEIVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST COMPLETE A CONFLICT OF INTEREST FORM EVERY YEAR WHICH IS KEPT ON FILE. IF THERE ARE ANY INCIDENTS OF CONFLICT, THAT DIRECTOR WOULD BE RECUSED FROM VOTING ON THE MATTER. IF IT IS FOUND THAT A DIRECTOR HAS PERSONALLY BENEFITED FROM KNOWLEDGE OR RELATIONSHIPS GAINED THROUGH THEIR ROLE AS DIRECTOR, THEY WILL BE REMOVED FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES COMPARABLES FOR NYS NONPROFIT ORGANIZATIONS OF SIMILAR REVENUE AND ACTIVITIES PROVIDED BY NYCON TO SET SALARY RANGES. THE PROCESS WAS CONDUCTED SUBSEQUENT TO YEAR END DURING FY 2019. FORM 990, PART VI, SECTION C, LINE 19 IMPACCT BROOKLYN'S GOVERNING DOCUMENTS (CERTIFICATE OF INCORPORATION, BY-LAWS AND DBA CERTIFICATE) ARE AVAILABLE UPON REQUEST AND ARE ON THE NYS CHARITIES BUREAU WEBSITE AND NYC'S HHS ACCELERATOR SITE. OUR AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST TO THE PUBLIC, SENT TO ALL OF OUR FUNDERS AND POSTED ON GUIDESTAR ALL POLICIES ARE AVAILABLE UPON REQUEST AND PROVIDED TO OUR EMPLOYEES AND OUR BOARD. FORM 990, PART IX, LINE 11G CONSUTANT & CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 343,477. MANAGEMENT AND GENERAL EXPENSES 357,091. FUNDRAISING EXPENSES 115,222. TOTAL EXPENSES 815,790. PAYROLL PROCESSING FEE: PROGRAM SERVICE EXPENSES 18,902. MANAGEMENT AND GENERAL EXPENSES 19,651. FUNDRAISING EXPENSES 6,341. TOTAL EXPENSES 44,894. 265 HAWTHORNE STREET HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 271921872 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 811 LEXINGTON HOUSING DEV FUND CORP 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 113099585 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GATEWAY 277 HOUSING DEVELOPMENT FUND CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 472319448 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GATEWAY HOUSING CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 113583988 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 409 GRAND AVENUE HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 201876837 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 942 KENT AVENUE HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 202646555 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GIBB MANSION HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 821641445 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 PACC HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 912105355 APRTMENT OWNER NY PACC INC C 1.00000 1 0 0 0 1 0 0 0 1 0 1 1 0 0 1 1 0 0 0 0 GIBB MANSION HDFC D 687109 FMV