irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $1.26MCOMMUNITY SERVICES: THE ORGANIZATION PURPOSES ARE EXCLUSIVELY CHARITABLE AND FOR THE SUPPORT OF MONTEFIORE HEALTH SYSTEM THROUGH IMPROVING SOME OF THE SOCIAL DETERMINANTS OF HEALTH IN CREATING HEALTHIER COMMUNITIES. MOSHOLU PRESERVATION CORPORATION HAS BEEN A STAPLE IN THE COMMUNITY FOR ALMOST 40 YEARS AND HAS HELPED TO COMBAT COMMUNITY DETERIORATION BY PRESERVING NEIGHBORHOODS AND BUILDING COMMUNITIES. OUR EFFORTS INCLUDE COORDINATING BUSINESS IMPROVEMENT DISTRICTS, NEIGHBORHOOD BEAUTIFICATION PROJECTS, AND COMMUNITY SERVICES PROGRAMS THROUGHOUT THE COMMUNITIES SERVED BY THE MONTEFIORE EINSTEIN, INC.
- #2 $212KNEWSPAPER OPERATIONS: THE ORGANIZATION OPERATES THE NORWOOD NEWS (A FREE NEWSPAPER) TO FOSTER COMMUNICATION AMONG CITIZENS AND ORGANIZATIONS AND AS A CATALYST FOR NEIGHBORHOOD DEVELOPMENT EFFORTS. THE NORWOOD NEWS IS A COMMUNITY NEWSPAPER SERVING THE BRONX.
named programs · 5 · from sources
What they call their work
Clean Streets Initiative
Community-led effort by Friends of Mosholu Parkland to reduce litter, educate merchants on sanitation responsibilities, and promote volunteer clean-up activities in commercial districts
Housing
Owns, maintains, and develops quality, sustainable, affordable housing units in the Norwood neighborhood and areas surrounding Montefiore facilities
Local News
Produces the Norwood News, a bi-weekly community newspaper serving Northwest Bronx neighborhoods to inform residents and encourage civic participation
Neighborhood Development
Improves the built environment through beautification projects, clean streets initiatives, and tree pit care programs in partnership with community volunteers and merchant associations
Small Business Support
Administers the Jerome Gun Hill Business Improvement District and supports local merchant associations; provides access to capital, workforce development, storefront improvement grants, and MWBE certification
activities · 8 groups
What they do
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Business Improvement District Management 1 activity
- Administering business improvement districts and supporting small businessesAdministers the Jerome Gun Hill Business Improvement District, supports local merchant associations, and provides small businesses with access to capital, workforce development programs, storefront improvement grants, and information on business development opportunities across commercial corridors in the Bronx.
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Affordable Housing Development and Management 1 activity
- Developing and maintaining affordable housingOwns, maintains, and develops affordable housing units in the Norwood neighborhood and areas surrounding Montefiore Medical Center’s Moses campus, in collaboration with local developers.
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Community Health Fairs and Screenings 1 activity
- Hosting community health and civic eventsHosts community health events offering free health screenings, panel discussions, and basic services such as haircuts, and conducts Minority/Women-owned Business Enterprise certification seminars to support community development.
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Public Space Beautification and Maintenance 1 activity
- Improving neighborhood built environment through beautification and greeningLeads neighborhood beautification, greening, and clean streets initiatives in collaboration with store owners, residents, and community groups to enhance the built environment in areas surrounding Montefiore Medical Center, including Norwood and Bedford Park, with ongoing volunteer efforts since 2013.
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Community Health Equity Initiatives 1 activity
- Improving social determinants of health in low-income communitiesWorks to improve social determinants of health in low-income communities as a support organization of Montefiore Medical Center through integrated community development initiatives.
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Curated Art Exhibitions and Public Displays 1 activity
- Organizing public art exhibitions and calls for submissionsOrganizes public art exhibitions at the Bronx Park East Gallery and issues public calls for art submissions to feature in these exhibitions, fostering community cultural engagement.
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Community Resource Navigation and Support Services 1 activity
- Producing and distributing a community resource directoryProduces and distributes a community directory to help residents locate local resources such as parks, housing assistance, government agencies, and nonprofits.
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Organizational Newsletter Production and Distribution 1 activity
- Producing and distributing the Norwood News community newspaperProduces and distributes the Norwood News, a bi-weekly free community newspaper serving Northwest Bronx neighborhoods including Norwood, Bedford Park, Fordham, and University Heights, to inform residents about local issues and promote civic engagement.
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financials · form 990 · fy2024
revenue
Total revenue$3.75M
Contributions & grants$1.18M31%
Program service revenue$2.18M58%
Investment income$226K6%
Other revenue$171K
expenses
Total expenses$3.81M
Program expenses90%
Admin / overhead10%
Fundraising0%
Salaries & benefits$859K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$11.53M
Cash$703K
Investments$5.49M
Liabilities$1.90M
Net assets$9.64M
Liquid reserves19.5 mo
3 years on record · 2020–2024 · YoY revenue +22.9%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 5
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| EDWARD PFLEGING | DIRECTOR | 1 | $1.91M |
| SHEILA E MCGRATH | DIRECTOR/SECRETARY | 2 | $378K |
| CHRISTOPHER NESTERCZUK | DIRECTOR | 1 | $361K |
| CHRISTOPHER VINCI | DIRECTOR/TREASURER | 1 | $301K |
| DANIELA BEASLEY | DIRECTOR - EX-OFFICIO | 40 | $179K |
board members · 3
- DORIS QUINONES — DIRECTOR
- LEWIS HENKIND — DIRECTOR/CHAIRMAN
- RENEE BRODIE — DIRECTOR
relationships · 19
Who they work with
- 233wprma Partner — Merchants association operating on Instagram to engage with the community and promote local businesses.
- Bainbridge Ave. - E. 204th St. Merchants Association Partner — Affiliated merchant association in the community.
- Bronx Community Board 12 Partner — Hosts MWBE certification seminars at its location.
- Crawford Memorial Methodist Church Partner — Hosts MPC's community health events at its facility.
- East 233rd Street & White Plains Road Merchants Association Partner — Affiliated merchant association in the community.
- Friends of Mosholu Parkland Partner — Collaborates with Mosholu Preservation Corporation on the Clean Streets Initiative to maintain clean commercial streets through community and merchant engagement.
- Friends of Mosholu Parkland Partner — Community partner leading the Clean Streets initiative in collaboration with Mosholu Preservation Corporation.
- Jerome Gun Hill Business Improvement District Partner — Administered by MPC to support local small businesses.
- Montefiore Government — Partner institution whose service communities MPC supports; MPC operates in areas surrounding Montefiore hospital.
- Montefiore Partner — Multiple staff members at Mosholu Preservation Corporation have Montefiore email addresses, indicating an institutional partnership with Montefiore.
- Montefiore Einstein, Inc. Partner — Collaborates to improve social determinants of health in communities served by Montefiore Einstein, Inc.
- Montefiore Medical Center Network — MPC is a not-for-profit affiliate of Montefiore Medical Center.
- Montefiore Medical Center Partner — Collaborates on housing development in neighborhoods surrounding its facilities.
- Montefiore Medical Center Partner — Support organization of Montefiore Medical Center working to improve community health.
- Montefiore Medicine Academic Health System Partner — Implements community services programs in communities served by Montefiore Medicine Academic Health System.
- Northwest Merchant Association Partner — Collaborates with Mosholu Preservation Corporation to support businesses along Bainbridge Avenue, 204th Street, and Webster Avenue.
- Norwood News Partner — Collaborates on the production of the community directory.
- Norwood News Partner — Sile Moloney, Editor of the Norwood News, is listed on the staff page, indicating a partnership with the Norwood News.
- Webster Avenue Merchants Association Partner — Affiliated merchant association in the community.
strategies · 3
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.
- Community Engagement Through Education and Civic Participationmethodology: community_engagementBy using public art, health education panels, civic media, and environmental stewardship campaigns, the organization fosters community pride, informs residents, and encourages civic participation, leading to greater collective agency and neighborhood improvement. The underlying mechanism is that informed, engaged residents are more likely to act to improve their environment and health.
- Housing and Neighborhood Development as Health Interventionmethodology: housing-as-healthBy investing in sustainable, affordable housing and neighborhood development, the organization improves social determinants of health, which in turn supports better community health outcomes. This approach is grounded in the belief that health is shaped by structural conditions such as housing and economic stability.
- Integrated Community Ecosystem Modelmethodology: social-determinants-of-healthBy simultaneously supporting small businesses, facilitating resource access, and strengthening local institutions like merchant associations, the organization fosters economic vitality and social cohesion, which together create healthier, more resilient communities. This strategy treats economic, informational, and civic systems as interconnected drivers of community well-being.