NonprofitsPratt Area Community Council Inc

Housing & Shelter

Pratt Area Community Council Inc

BROOKLYN, NY

Total revenue

$4.6M

Total expenses

$5.9M

Net assets

$584K

Grants received

$5.5M

43 grants

EIN

112451752

Tax year

2023

Mission

To promote affordable housing, community and economic development.

Programs

2 programs

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.

Expenses: $617K

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.

Expenses: $328K

Financials

FY 2023

Revenue

Contributions & grants$3.1M
Program service revenue$1.1M
Investment income$13K
Other revenue$421K
Total revenue$4.6M

Expenses

Grants paid
Salaries & benefits$3.1M
Fundraising$165K
Other expenses$2.8M
Total expenses$5.9M
Total assets$7.3M
Net assets$584K

People

23 listed

NameRoleCompensation

BERNELL GRIER

EXECUTIVE DIRECTOR (OUTGOING)

Board

$186K

35 hrs/wk

SAMMY AHMED

CFO

Board

$124K

35 hrs/wk

JAMAL ROBINSON

EXECUTIVE DIRECTOR

Board

$64K

35 hrs/wk

ELIZABETH ZELDIN

DIRECTOR

Board

0.5 hrs/wk

FRANTZ METELLUS

DIRECTOR

Board

0.5 hrs/wk

HEATHER GERSHEN

DIRECTOR

Board

0.5 hrs/wk

IMANI GRISZELL

VICE CHAIR

Board

0.5 hrs/wk

JOHN DEW

DIRECTOR

Board

0.5 hrs/wk

LISA DAVIS

DIRECTOR

Board

0.5 hrs/wk

LLOYD SENIOR

TREASURER

Board

0.5 hrs/wk

MARC WANCER

DIRECTOR

Board

0.5 hrs/wk

AMY CHEN

DIRECTOR

Board

0.5 hrs/wk

MARLENE ZURACK

DIRECTOR

Board

0.5 hrs/wk

MEREDITH DODD

DIRECTOR

Board

0.5 hrs/wk

PATRICIA ANNA ROCK

DIRECTOR

Board

0.5 hrs/wk

SAUNDRA HAMPTON

DIRECTOR

Board

0.5 hrs/wk

SHAMBHAVI MANGLIK

DIRECTOR

Board

0.5 hrs/wk

STEFANIE ALLEYNE

OUTGOING DIRECTOR

Board

0.5 hrs/wk

TERENCE KELLY

OUTGOING DIRECTOR

Board

0.5 hrs/wk

YVONNE CUMMINGS

CHAIR

Board

0.5 hrs/wk

MARCIA BROWN

DIRECTOR

Board

0.5 hrs/wk

ANNEMARIE STANISLAUS

SECRETARY

Board

0.5 hrs/wk

DANIEL FENNESSEY

DIRECTOR

Board

0.5 hrs/wk

Grants received

Showing 43 of 43

FromAmountPurposeYear
$948K
POVERTY RELIEF
2024
$30K
Financial Counseling & Technology
2024
$925K
POVERTY RELIEF
2023
$250K
TO SUPPORT NEW CONSTRUCTION OF 63 UNITS OF SUPPORTIVE HOUSING FOR VERY LOW-INCOME AND FORMERLY HOMELESS OLDER ADULTS IN BROOKLYN.
2023
$100K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2023
$46K
Financial Counseling & Technology
2023
$31K
Financial Counseling & Technology
2023
$25K
HOUSING & LEGAL COUNSELING
2023
$17K
RACIAL EQUITY PROJECTS
2023
$8K
General operating support
2023
$500K
POVERTY RELIEF
2022
$250K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$250K
TO SUPPORT NEW CONSTRUCTION OF 63 UNITS OF SUPPORTIVE HOUSING FOR VERY LOW-INCOME AND FORMERLY HOMELESS OLDER ADULTS IN BROOKLYN.
2022
$250K
EQUITY, HUMAN RIGHTS, AND ECONOMIC EMPOWERMENT
2022
$61K
Financial Counseling & Technology
2022
$50K
HOUSING & LEGAL COUNSELING
2022
$46K
Financial Counseling & Technology
2022
$45K
GENERAL SUPPORT
2022
$20K
COVID 19 EMERGENCY G
2022
$15K
SMALL BUSINESS SERVICES PROGRAM
2022
$14K
Coronavirus Response & Relief Progr
2021
$452K
GENERAL
2020
$408K
COMMUNITY OUTREACH & ENRICHMENT PROGRAMS
2020
$250K
EVICTION PREVENTION INITIATIVE
2020
$125K
COMMUNITY PRESERVATION AND DEVELOPMENT
2020
$30K
Financial Counseling & Technology
2020
$10K
Serving Vulnerable Families Impacted by COVID-19
2020
$9K
Grant subrecipient
2020
$8K
COVID 19 EMERGENCY G
2020
$4K
GENERAL OPERATING SUPPORT
2020
$630
matching gift program
2020
$36K
FINANCIAL COUNSELING & TECHNOLOGY
2019
$36K
FINANCIAL COUNSELING & TECHNOLOGY
2019
$25K
CHANGE CAPITAL FUND - CHANGE CAPITAL FUND THE CHANGE CAPITAL FUND (CCF) IS A COLLABORATION OF 15 PHILANTHROPIC FOUNDATIONS AND FINANCIAL INSTITUTIONS THAT POOL FUNDS TO INVEST IN COMMUNITY DEVELOPMENT EFFORTS ACROSS NEW YORK CITY. CCF BEGAN FUNDING COMMUNITY DEVELOPMENT CORPORATIONS TOWARDS THE GOAL OF MORE EFFECTIVELY REDUCING PERSISTENT AND CHRONIC POVERTY. EACH PARTICIPATING NONPROFIT ORGANIZATION WILL BE FUNDED OVER FOUR YEARS AND RECEIVE TECHNICAL ASSISTANCE SUPPORT TOWARDS THE GOAL OF BUILDING INTERNAL CAPACITY FOR MULTI-DISCIPLINARY PRACTICES AND IMPROVED OUTCOMES TRACKING SYSTEMS, AND DEVELOPING MORE EFFECTIVE BUSINESS MODELS.
2019
$180
GENERAL OPERATING SUPPORT
2019
$40K
COMMUNITY STABILIZATION INITATIVE
2018
$36K
FINANCIAL COUNSELING & TECHNOLOGY
2018
$100
GENERAL OPERATING SUPPORT
2018

Funded by

$5.5M from 22 funders · 43 grants · 2018–2024

Robin Hood Foundation

$2.8M · 4 grants · 2020–2024

The Goldman Sachs Charitable Gift Fund

$508K · 2 grants · 2020–2023

Tides Foundation

$500K · 2 grants · 2022

The Harry And Jeanette Weinberg

$500K · 2 grants · 2022–2023

New York Mortgage Coalition Inc

$351K · 9 grants · 2018–2024

Td Charitable Foundation

$265K · 2 grants · 2020–2022

Enterprise Community Partners Inc

$125K · 1 grant · 2020

National Community Reinvestment

$95K · 1 grant · 2023

Details

EIN112451752
NTEE codeL80Z
Subsection03
Ruling date1983-10
Formed1972
Employees53
Volunteers21
PRATT AREA COMMUNITY COUNCIL INC — Mission, Financials & Grants Received | Grantivo