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ARMENIAN HOME OF NEW YORK INC

FOREST HILLS, NY · EIN 830666955 · Form 990 · FY2024 · NTEE E91 · Health Care · Small ($100K-$1M)
revenue
$566K
expenses
$462K
net assets
$14.3M
employees
0
program ratio
48%
mission · from form 990

THE ORGANIZATION HAS BEEN CREATED AND WILL BE OPERATED EXCLUSIVELY FOR THE CHARITABLE PURPOSES OF GIVING AID AND ASSISTANCE, DIRECTLY AND INDIRECTLY, TO ALL PERSONS WHO ARE DESTITUTE, NEGLECTED OR OTHERWISE IN NEED OF HELP, SUPPORT AND ASSISTANCE, MORE PARTICULARLY, ELDERLY FOLK OF ARMENIAN NATIONALITY, WHO ARE IN NEED, WITHOUT REGARD TO THEIR POLITICAL AND RELIGIOUS AFFILIATIONS AND BELIEFS.

profile · synthesized from sources

Armenian Home of New York Inc. is a nonprofit organization based in Forest Hills, NY, dedicated to providing aid and support to destitute, neglected, or otherwise in-need individuals, with a particular focus on elderly people of Armenian nationality. The organization supports both direct assistance and long-term planning for Armenian-related community projects. It operates exclusively for charitable purposes without regard to political or religious affiliations.

irs program accomplishments · form 990 part iii · fy2022

What they reported doing

  1. #1 primary $171K
    ASSISTANCE WITH GENERAL OPERATIONS & PLANNING FOR FUTURE ARMENIAN RELATED PROJECTS
named programs · 2 · from sources

What they call their work

Future Armenian-Related Projects Planning
Engages in strategic planning and operational support for upcoming initiatives serving the Armenian community
General Operations and Support Services
Provides direct aid and assistance to elderly individuals of Armenian nationality, including housing, health care, and social support services
activities · 1 group

What they do

  • Armenian Community and Institutional Support 1 activity
    • Providing operational and planning assistance for Armenian-related projects
      Offers support with general operations and future planning for projects related to the Armenian community.
financials · form 990 · fy2024
revenue
Total revenue$566K
Contributions & grants$78K14%
Program service revenue$00%
Investment income$488K86%
Other revenue$0
expenses
Total expenses$462K
Program expenses48%
Admin / overhead52%
Fundraising0%
Salaries & benefits$0
Grants paid out$222K
Largest expense lineProfessional Fees
balance sheet
Total assets$14.30M
Cash$3.89M
Investments$10.36M
Liabilities$3K
Net assets$14.30M
Liquid reserves369.9 mo
4 years on record · 2020–2024 · YoY revenue +26.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 4
  • ALICE MOVSESIAN — TREASURER
  • AROUSIAG MARKARIAN — SECRETARY
  • CRAIG KALLEM — VICE CHAIRMAN
  • NEIRI AMIRIAN — CHAIRPERSON
relationships · 1

Who they work with

  • ARMENIAN HOME OF NEW YORK INC Network — Organization focused on Armenian-related charitable projects and support for elderly Armenian individuals.
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.

  • Targeted Elderly Support
    methodology: targeted-elderly-support
    By focusing aid on elderly individuals of Armenian nationality, the organization addresses the specific needs of a vulnerable cultural subgroup, increasing relevance and impact within that community because culturally tailored support improves access and trust.