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SPRC INC
BROOKLYN, NY · EIN 237165901 · Form 990 · FY2024 · NTEE L20Z · Housing & Shelter · Medium ($1M-$10M) · sprcinc.org
revenue
$3.1M
expenses
$3.0M
net assets
$3.3M
employees
20
volunteers
10
program ratio
87%
mission · from form 990

TO ASSIST IN PROJECTS, UNDERTAKINGS, STUDIES AND OTHER ACTIVITIES IN COOPERATION AND IN COORDINATION WITH LOCAL GOVERNMENTAL AND CIVIC BODIES FOR THE ELIMINATION OF SLUMS, BLIGHTS AND BLIGHTING INFLUENCES, AND TO AID, ASSIST AND FOSTER THE PLANNING, REPLANNING, DEVELOPMENT, RENEWAL, REDEVELOPMENT AND IMPROVEMENT OF THE SUNSET PARK AREA OF THE COUNTY OF KINGS, ALL TO COMBAT COMMUNITY DETERIORATION AND TO SECURE ADEQUATE HOUSING, COMMUNITY AND RECREATIONAL FACILITIES AND OTHER RELATED FACILITIES AND SERVICES AND CONDITIONS, ECONOMIC AND OTHERWISE, CONDUCIVE TO THE PROGRESS AND GENERAL WELFARE OF THE COMMUNITY AND TO CARRY ON SUCH ACTIVITIES AND TO DEAL WITH AND EXPAND ANY PROPERTY OR INCOME THEREFROM FOR ANY OF THE AFOREMENTIONED PURPOSES.

profile · synthesized from sources

Nonprofit housing and community development organization serving Sunset Park, Brooklyn since 1969. Focuses on affordable housing preservation, home repair, and energy efficiency for low- and moderate-income residents. Implements state and federal programs including weatherization, home renovation, and Section 8 housing management.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $421K
    LOW-INCOME HOUSING - CONTRACTS WITH THE STATE OF NEW YORK AND PRIVATE ORGANIZATIONS TO PROVIDE HOME REPAIR SERVICES AND HOUSING TO LOW- AND MODERATE-INCOME HOME OWNERS AND TENANTS.
named programs · 3 · from sources

What they call their work

Project-Based Section 8
Manages over 2,000 Section 8 affordable housing units in Sunset Park, ensuring long-term affordability and housing stability.
Small Homes Improvement Program
Renovates single-family and small multifamily homes for low- and moderate-income homeowners to combat disrepair and improve housing quality.
Weatherization Assistance Program (WAP)
Provides funding for landlords to implement energy conservation measures including insulation, boiler and hot water heater upgrades, air sealing, and appliance replacements for income-eligible households.
activities · 2 groups

What they do

  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Implements energy efficiency and weatherization upgrades
      Provides energy efficiency improvements in buildings—including insulation, appliance replacements, and repairs to windows, doors, boilers, and water heaters—through programs funded by the Weatherization Assistance Program and the American Recovery and Reinvestment Act (ARRA). Administers federal and state funding to support conservation and building resilience.
  • Affordable Housing Development and Management 1 activity
    • Manages and renovates affordable housing units
      Manages over 2,000 Section 8 housing units and renovates single-family and multifamily homes to stabilize neighborhoods, including through the Small Homes Improvement Program which renovated 20 homes. Provides home repair services and housing to low- and moderate-income owners and tenants under contracts with the State of New York and private organizations.
financials · form 990 · fy2024
revenue
Total revenue$3.11M
Contributions & grants$2.19M70%
Program service revenue$773K25%
Investment income$77K2%
Other revenue$69K
expenses
Total expenses$2.97M
Program expenses87%
Admin / overhead13%
Fundraising0%
Salaries & benefits$1.58M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$4.08M
Cash$1.02M
Investments$2.15M
Liabilities$765K
Net assets$3.31M
Liquid reserves12.8 mo
3 years on record · 2020–2024 · YoY revenue -25.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
GARY BROWN PRESIDENT/EXECUTIVE DIRECT 40 $203K
JOHN DISTASIO III FISCAL DIRECTOR 40 $129K
board members · 6
  • ALDO IEMMA — CHAIRPERSON
  • GLENN SORENSON — TREASURER
  • GLORIA RODRIGUEZ — DIRECTOR
  • ROBERT MOLINARI — DIRECTOR
  • SAYEL TAYAR — SECRETARY
  • XIOMARA GARCIA — DIRECTOR (THRU MAY)
relationships · 4

Who they work with

  • NYS HCR Government — SPRC INC collects Building Assessment Qualification fees per NYS HCR PPM subsection 4.05 for energy audits under the Weatherization Assistance Program.
  • New York State Homes and Community Renewal Partner — Partnered to provide energy efficiency services for income-eligible households.
  • State of New York Partner — Contracts with SPRC INC to provide home repair services and housing to low- and moderate-income residents.
  • Weatherization Assistance Program Government — Partner program used to improve energy efficiency in housing.
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.