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BANANA KELLY COMMUNITY IMPROVEMENT ASSOCIATIONINC
Bronx, NY · EIN 132934000 · Form 990 · FY2024 · NTEE S200 · Community Improvement · Medium ($1M-$10M)
revenue
$3.3M
expenses
$3.6M
net assets
$2.0M
employees
65
program ratio
74%
mission · from form 990

TO UPGRADE DETERIORATED NEIGHBORHOODS IN THE CITY OF NEW YORK AND TO ASSIST LOW INCOME RESIDENTS OF THE CITY IN IMPROVING THEIR COMMUNITIES AND THEMSELVES

profile · synthesized from sources

Banana Kelly Community Improvement Association Inc. works to upgrade deteriorated neighborhoods in New York City and support low-income residents in improving their communities and personal well-being. The organization provides affordable and supportive housing, primarily serving formerly homeless individuals and families, many of whom have developmental or physical disabilities. Programs include housing assistance, career development, and sobriety maintenance services.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $158K
    SUPPORTIVE HOUSING RENTAL ASSISTANCE PROGRAM: SERVING OVER 60 INDIVIDUALS AND FAMILIES, ALL OF WHOM WERE FORMERLY HOMELESS, AND ALL OF WHOM EITHER HAVE OR HAVE A FAMILY MEMBER WHO HAS A DEVELOPMENTAL OR PHYSICAL DISABILITY. SERVICES INCLUDED OBTAINING AND RETAINING AFFORADABLE HOUSING, CAREER DEVELOPMENT, SOBRIETY MAINTENANCE SERVICES, JOB REFERRALS, AND MORE.
named programs · 2 · from sources

What they call their work

Low Income Housing Support Program
Serves over 1,000 low-income families by assisting with access to and maintenance of affordable housing, along with health and education services.
Supportive Housing Rental Assistance Program
Provides rental assistance and supportive services to over 60 formerly homeless individuals and families, many with developmental or physical disabilities. Services include housing retention, career development, job referrals, and sobriety maintenance.
activities · 2 groups

What they do

  • Emergency Rental Assistance and Eviction Prevention 1 activity
    • Support for affordable housing, health, and education services for low-income families
      Provides and supports maintenance of affordable housing, health, and education services for over 1,000 low-income families.
  • Supportive and Emergency Housing Services 1 activity
    • Supportive housing and rental assistance for formerly homeless individuals and families
      Provides supportive housing rental assistance, career development, and sobriety maintenance services to over 60 formerly homeless individuals and families, many with developmental or physical disabilities.
financials · form 990 · fy2024
revenue
Total revenue$3.35M
Contributions & grants$1.85M55%
Program service revenue$871K26%
Investment income$00%
Other revenue$628K
expenses
Total expenses$3.57M
Program expenses74%
Admin / overhead26%
Fundraising0%
Salaries & benefits$2.00M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$2.98M
Cash$98K
Investments$0
Liabilities$948K
Net assets$2.03M
Liquid reserves0.3 mo
5 years on record · 2020–2024 · YoY revenue -2.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
HOPE BURGESS PRESIDENT AND CEO 40 $165K
ALYAH HORSFORD-SIDBERRY DIRECTOR OF DEVELOPMENT 0 $115K
BRIAN SAHD CHIEF FINANCIAL OFFICER 40 $96K
HAROLD DERIENZO PRESIDENT EMERITUS 40 $93K
board members · 7
  • EDNA LINDQUIST — MEMBER
  • JANICE SINGLETON — TREASURER
  • KELLY WOOD — MEMBER
  • LYNNETTE VERGES — MEMBER
  • REV THEODORA BROOKS — CHAIRPERSON
  • WANDA SALAMAN — MEMBER
  • WANDA SWINNEY — MEMBER
relationships · 1

Who they work with

  • City of New York Government — Provides services targeting low-income residents and deteriorated neighborhoods within the city.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Integrated Support Services
    methodology: integrated_support_services
    By providing coordinated housing and social services, we help low-income residents achieve housing stability and self-sufficiency because wraparound support addresses interconnected barriers to long-term success.