Acacia Network Housing Inc
96% goes to programs $0 to raise $100 Thin reserves Growing revenue
Acacia Network Housing Inc is a 501(c)(3) organization based in Bronx, New York, registered in 2006, with $347,422,708 in FY2024 revenue. CharityIndex grades it B, and it directs about 96% of spending to programs.
311 E 175th St, Bronx, NY, 10457 EIN 26-0076866 Since 2006
Revenue (FY2024)
$347.4M
▲ 4.2% vs prior year
Housing median: $408K
Expenses (FY2024)
$347.0M
Net assets
$7.3M
Employees
1,726
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
C+Program efficiency40% of the rating96% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Acacia Network Housing Inc: 96% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
CFinancial health25% of the rating0 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Acacia Network Housing Inc: 0 mo reserves · +0% margin earns a C on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Acacia Network Housing Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Acacia Network Housing Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provides temporary housing and housing assistance to homeless families and singles in nyc.
Contact & location
- Address
- 311 E 175th St, Bronx, NY, 10457
- City
- Bronx
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Temporary Housing & Shelters
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $57.0M (FY2013) to $347.4M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $474.8MNet assets $7.3M
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$482.1M
Total liabilities
$474.8M
Net assets
$7.3M
Salaries & benefits
$69.2M
20% of expenses
Board members
5
5 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $347,422,708▲4.2% | $346,965,582▲4.3% | $7,311,486▲6.7% | $482,107,859▲16.6% | 990 |
| 2023 | $333,355,294▲37.4% | $332,723,514▲36.9% | $6,854,360▲10.2% | $413,375,110▲14.1% | 990 |
| 2022 | $242,674,811▲25.3% | $242,967,650▲25.5% | $6,222,580▼4.5% | $362,231,981▲253% | 990 |
| 2021 | $193,658,678▼16.7% | $193,617,137▼16.7% | $6,515,419▲0.6% | $102,658,710▲17.1% | 990 |
| 2020 | $232,538,518▼14.0% | $232,459,737▼14.0% | $6,473,878▲1.2% | $87,676,380▲9.1% | 990 |
| 2019 | $270,281,747▲9.4% | $270,326,438▲10.2% | $6,395,097▼0.7% | $80,395,029▲17.6% | 990 |
| 2018 | $247,057,843▲27.5% | $245,246,488▲26.3% | $6,439,788▲38.2% | $68,338,355▲27.3% | 990 |
| 2017 | $193,829,148▲65.0% | $194,206,041▲64.4% | $4,659,816▼7.5% | $53,678,890▲92.5% | 990 |
| 2016 | $117,487,887▲4.8% | $118,121,393▲6.7% | $5,036,709▼11.2% | $27,879,753▼14.1% | 990 |
| 2015 | $112,138,449▲46.0% | $110,719,241▲45.3% | $5,670,215▲33.4% | $32,462,639▲106% | 990 |
| 2014 | $76,818,959▲34.8% | $76,194,539▲32.7% | $4,251,007▲17.2% | $15,744,825▲6.4% | 990 |
| 2013 | $56,991,561 | $57,432,433▲70.7% | $3,626,587▼5.8% | $14,793,706▲83.3% | 990 |
| 2011 | — | $33,637,477▲53.1% | $3,848,328▲95.2% | $8,072,126▲30.0% | 990 |
| 2010 | — | $21,965,889 | $1,971,143 | $6,208,216 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Kevin Heslop — $262,383 (0.08% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Kevin Heslop | Svp/evp of Finance | 35 | $262,383 |
| Alfredo Matthews | Svp of Transitional Housing | 35 | $234,277 |
| Amarilis A Soler | Vp of Transitional Housing | 35 | $162,972 |
| Jessica Mcghee | Vp of Transitional Housing | 35 | $161,652 |
| Rene Cabezas | Administrator of Security Serv | 35 | $147,504 |
| Dwayne D Poole-seymour | Clinical Coordinator | 35 | $137,204 |
| Abel Varughese | Avp of Finance | 35 | $129,016 |
| Erica Y Martinez | Secretary | 1 | — |
| Hon Cynthia Isales Esq | Vice Chair | 1 | — |
| Jose A Rodriguez | Chief Legal Officer/exec Vp | 2 | — |
| Lymaris Albors | Chief Executive Officer | 2 | — |
| Maritza Lopez | Board Member | 1 | — |
| Raul Russi | President | 1 | — |
| Vicky Gatell | Chief Financial Officer | 1 | — |
| Vilma Huertas | Chair | 1 | — |
| Wilfred Renta | Treasurer | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Arrow Security | Security Services | $32,038,791 |
| Regina Caterers | Catering Services | $15,990,991 |
| Motivated Security | Security Services | $10,705,684 |
| Harvard Protection Services LLC | Security Services | $2,871,401 |
| Liberty One Bronx LLC | Maintenance Service | $1,350,149 |
Grants received · $483K total
16 grants to Acacia Network Housing Inc totaling $483K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Delivering Good Inc | Poverty assistance | 2024 | $50,283 |
| Delivering Good Inc | Poverty assistance | 2022 | $7,493 |
| Delivering Good Inc | Poverty assistance | 2021 | $7,283 |
| Delivering Good Inc | Poverty assistance | 2020 | $13,995 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,600 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,600 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,600 |
| Direct Relief | Support to us clinics & health centers for low-income, uninsured patients | 2020 | $5,600 |
| Delivering Good Inc | Poverty assistance | 2019 | $61,267 |
| Hispanic Federation Inc | Sponsorship 2018 annual seniors conference | 2018 | $5,000 |
| Hispanic Federation Inc | Discretionary grant | 2017 | $10,000 |
| Delivering Good Inc | Poverty assistance | 2016 | $25,208 |
| Hispanic Federation Inc | Discretionary grant | 2016 | $10,000 |
| Delivering Good Inc | Poverty assistance | 2015 | $83,545 |
| Hispanic Federation Inc | Core grant | 2015 | $7,500 |
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Frequently asked questions
- Is Acacia Network Housing Inc a legitimate nonprofit?
- Yes. Acacia Network Housing Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 26-0076866, based in Bronx, New York. Donations are tax-deductible.
- What is Acacia Network Housing Inc's EIN?
- Acacia Network Housing Inc's Employer Identification Number (EIN) is 26-0076866.
- How much revenue does Acacia Network Housing Inc report?
- Acacia Network Housing Inc reported $347,422,708 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Acacia Network Housing Inc's spending goes to programs?
- Acacia Network Housing Inc spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Acacia Network Housing Inc have?
- CharityIndex grades Acacia Network Housing Inc B, based on program efficiency and fundraising cost.
- How much does Acacia Network Housing Inc's highest-paid employee make?
- The highest reported compensation on Acacia Network Housing Inc's latest Form 990 is $262,383, paid to Kevin Heslop (Svp/evp of Finance).
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Data for Acacia Network Housing Inc (EIN 26-0076866) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.