Charity Review

Issued: February 2016 Expires: February 2018

Charity Seal Holder

Jacob A. Riis Neighborhood Settlement House

Meets Standards
 
(718) 784-7447 10-25 41st Avenue, Long Island City NY 11101-7308 www.riissettlement.org
  1. Conclusions
  2. Purpose
  3. Programs
  4. Governance & Staff
  5. Fund Raising
  6. Tax Status
  7. Financial
Conclusions

Jacob A. Riis Neighborhood Settlement House meets the 20 Standards for Charity Accountability.

Purpose

Jacob A. Riis Neighborhood Settlement House builds and strengthens underserved communities in Western Queens and acts as a catalyst for change.

Incorporated: 1902 in NY

Programs

Jacob A. Riis Neighborhood Settlement House is comprised of three primary departments. Riis Academy for Youth provides a continuum of high-quality academic enrichment and social development services that progressing toward post-secondary success in college and careers for young people in grades kindergarten through 12 who are predominantly residents of the local Queensbridge, Ravenswood and Astoria NYCHA public housing developments. Their Immigrant Services program provides Adult Literacy English for Speakers of Other Languages classes, legal services, case management, civic engagement, and worker cooperative development programming to help a robust immigrant population acquire the skills and tools they need to improve their standard of living. The Senior Services program provides health education, nutritious meals, case management and assistance, and recreation activities to help other adults in the community successfully age in place.

Governance & Staff

Board Chair: Mr. Michael Bingold, Treasurer Business Affiliation: Flushing Bank

CEO: Mr. Christopher Hanway, Executive Director Compensation:* $95,000

Board Size: 16

Staff: 135

* Compensation includes annual salary and, if applicable, benefit plans, expense accounts and other allowances.
Fund Raising
Method(s) used: Direct Mail Appeals Invitations to Fundraising Events Grant Proposals

% of Related Contributions on Fundraising: 5.07%

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Financial

The following information is based on Jacob A. Riis Neighborhood Settlement House Audited Financial Statements for the fiscal year ending Monday, June 30, 2014.

Source of Funds
Government Grants $2,177,002
Foundation contributions $354,500
In-kind contributions $0
In-kind rent $86,822
Other Contributions $117,356
Event income $0
Participant activities $18,825
Rental income $1,000
Interest Income $1,940
Realized gain/ (loss) on investments $4,420
Unrealized gain on investments $5,718
Total Income: $2,767,583
 
Fusion Chart
 
Program Expenses: $2,512,197
Fundraising Expenses: $138,693
Administrative Expenses: $340,709
Total Expenses: $2,991,599
 
Income in Excess of Expenses: ($224,016)
 
Beginning Net Assets: $990,892
Ending Net Assets: $766,876
Total Liabilities: $102,007
Total Assets: $868,883


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Standards Legend

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Standard 1: Board Oversight


Description:

Organizations shall have a board of directors that provides adequate oversight of the charity's operations and its staff. Indication of adequate oversight includes, but is not limited to, regularly scheduled appraisals of the CEO's performance, evidence of disbursement controls such as board approval of the budget, fund raising practices, establishment of a conflict of interest policy, and establishment of accounting procedures sufficient to safeguard charity finances.

Jacob A. Riis Neighborhood Settlement House does not meet meet this standard because:

The charity reports its Board of Directors has not reviewed the chief executive's performance at least once in the past two years.

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Standard 2: Board Size


Description:

Soliciting organizations shall have a board of directors with a minimum of five voting members.

Jacob A. Riis Neighborhood Settlement House does not meet meet this standard because:

The charity reports it has 3 voting member(s) of the Board of Directors.

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Standard 3: Board Meetings


Description:

An organization shall have a minimum of three evenly spaced meetings per year of the full governing body with a majority in attendance, with face-to-face participation. A conference call of the full board can substitute for one of the three meetings of the governing body. For all meetings, alternative modes of participation are acceptable for those with physical disabilities.

Jacob A. Riis Neighborhood Settlement House does not meet meet this standard because:

The organization’s board meetings were not evenly spaced throughout its fiscal year.

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Standard 14: Budget Plan


Description:

Have a board-approved annual budget for its current fiscal year, outlining projected expenses for major program activities, fund raising, and administration.

Jacob A. Riis Neighborhood Settlement House does not meet meet this standard because:

Need a clear expense breakdown for programs, fundraising, and administration.