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POSTGRADUATE CENTER WEST 98TH STREET RESIDENCE INC
NEW YORK, NY · EIN 133651283 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$230K
expenses
$283K
net assets
$-1.2M
employees
0
volunteers
2
program ratio
88%
mission · from form 990

TO PROVIDE COMMUNITY RESIDENCES AND HOUSING FACILITIES SPECIFICALLY DESIGNED TO PROMOTE THE WELL-BEING FOR THE MENTALLY ILL AND ELDERLY PERSONS. PCMH'S COMMUNITY RESIDENCE PROGRAMS ASSIST CONSUMERS WITH THE DIFFICULT TRANSITION FROM LONG-TERM OR REVOLVING-DOOR HOSPITAL STAYS TO LIFE IN THE COMMUNITY. WHEN A CONSUMER HAS DEVELOPED THE STABILITY AND SKILLS NEEDED TO LIVE INDEPENDENTLY, THEY MAY MOVE TO A SUPPORTED HOUSING APARTMENT OPERATED BY PCMH. A MORE INDEPENDENT LEVEL OF HOUSING THAN COMMUNITY RESIDENCES, TENANTS PAY A PORTION OF THEIR INCOME TOWARDS THEIR RENT AND THE BALANCE IS MADE UP THROUGH A RENT SUBSIDY. CONSUMERS MAY STAY IN THE SUPPORTED HOUSING PROGRAM FOR AS LONG AS THEY WISH.

profile · synthesized from sources

Provides community residences and supported housing facilities for mentally ill and elderly individuals in New York. Assists clients transitioning from long-term or repeated hospital stays to independent community living. Offers housing with rent subsidies allowing long-term tenancy as clients build stability and life skills.

named programs · 2 · from sources

What they call their work

Community Residence Program
Provides structured housing for mentally ill and elderly individuals transitioning from long-term or repeated hospital stays to community living.
Supported Housing Program
Offers long-term, subsidized housing where tenants pay a portion of income toward rent; promotes independent living for those who have gained stability.
activities · 1 group

What they do

  • Supportive Housing for Mental Illness 2 activities
    • Operating community residences for individuals with mental illness and elderly persons transitioning from hospitals
      Provides supportive community residences for individuals with mental illness and elderly persons transitioning from long-term or repeated hospital stays to community living, facilitating stable reintegration into non-institutional settings.
    • Providing income-based subsidized supported housing for stabilized individuals
      Offers supported housing apartments for individuals who have achieved stability, enabling long-term tenancy with rent adjusted according to income level to promote sustained independence.
financials · form 990 · fy2024
revenue
Total revenue$230K
Contributions & grants$102K45%
Program service revenue$94K41%
Investment income$19K8%
Other revenue$15K
expenses
Total expenses$283K
Program expenses88%
Admin / overhead12%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.21M
Cash$449K
Investments$0
Liabilities$2.44M
Net assets$-1.23M
Liquid reserves19.0 mo
5 years on record · 2019–2024 · YoY revenue +11.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
JACOB BARAK PHD PRESIDENT & CEO 1 $1.03M
DALER AMONOV SVP & CFO 1 $304K
CARA TURNER VICE PRESIDENT 1 $292K
board members · 2
  • CHRISTOPHER BURKE — TREASURER
  • VICTOR BENEL — SECRETARY
strategies · 2

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.

  • Tiered Supportive Housing Model
    methodology: tiered_supportive_housing
    By offering a progression from supervised residences to rent subsidies based on income, we promote long-term housing stability and financial self-sufficiency because it aligns support intensity with individual readiness and reduces dependency over time.
  • Transitional Housing for Deinstitutionalization
    methodology: transitional_housing_for_deinstitutionalization
    By providing structured housing immediately following discharge from institutional care, we support recovery and community integration because it reduces rehospitalization risk and builds essential independent living skills in a supported environment.