Hamaspik of Kings County Inc
94% goes to programs $0 to raise $100 Growing revenue
Hamaspik of Kings County Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1998, with $175,285,751 in FY2023 revenue. CharityIndex grades it A, and it directs about 94% of spending to programs.
4102 14th Ave, Brooklyn, NY, 11219 EIN 16-1522895 Since 1998
Revenue (FY2023)
$175.3M
▼ 5.2% vs prior year
Human Services median: $293K
Expenses (FY2023)
$179.6M
Net assets
$69.6M
Employees
3,966
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
A+Program efficiency40% of the rating94% 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 Hamaspik of Kings County Inc: 94% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
B+Financial health25% of the rating5 mo reserves · -2% 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 Hamaspik of Kings County Inc: 5 mo reserves · -2% margin earns a B+ on this criterion. See the exact thresholds →
AGovernance25% of the rating5 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 Hamaspik of Kings County Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 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 Hamaspik of Kings County Inc: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide health and human services for individuals in need, enabling them to achieve their highest potential and enhance the quality of their lives to the fullest. hamaspik's work is carried on in an atmosphere of compassion and professionalism.
What they do
Community habilitation: hourly community habilitation services are habilitation services that are provided to individuals who do not reside in a residence which is certified or operated by opwdd. supports include adaptive skill development, assistance with activities of daily living (hands-on), community inclusion and relationship building, training and support for independence in travel, transportation, adult educational supports, development of social skills, leisure skills, self-advocacy and informed choice skills, and appropriate behavior development to help the individual access their community.
Child & youth hcbs consolidated waiver caregiver/family supports & services: to maintain individuals under the age of 21 with serious emotional disturbance (sed) in their homes and communities who would otherwise be in hospital levels of care by reimbursing for non-traditional services. this service enhances the individuals ability to function as part of a caregiver/family unit and enhances the caregiver/familys ability to care for the individual in the home and/or community. services may include: interact and engage to offer educational, advocacy, and support resources to develop familys ability to independently access community services and activities; maintain and encourage self-sufficiency in caring for the individual in the home and community, and educate and train the caregiver unit on resource availability so that they might better support and advocate for the needs of the child and appropriately access needed services.
Other programs provide other services to the developmentally disabled population. these programs include but are not limited to, individual residential alternative (ira), care management agency, home family care (hfc), day habilitation, individual support services (iss), community advocacy and support, fiscal intermediary, individual-directed goods and services (idgs) and prevocational.
Contact & location
- Address
- 4102 14th Ave, Brooklyn, NY, 11219
- City
- Brooklyn
- State
- New York
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $11.5M (FY2013) to $175.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $102.1MNet assets $69.6M
Operating margin
-2.5%
Spent more than it raised in the latest fiscal year.
Total assets
$171.7M
Total liabilities
$102.1M
Net assets
$69.6M
Salaries & benefits
$98.6M
55% of expenses
Board members
4
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $175,285,751▼5.2% | $179,617,233▲8.5% | $69,606,872▼5.9% | $171,719,588▲3.0% | 990 |
| 2022 | $184,873,181▲21.5% | $165,480,357▲36.7% | $73,938,354▲35.6% | $166,657,009▲118% | 990 |
| 2021 | $152,132,549▲102% | $121,067,560▲79.7% | $54,545,530▲132% | $76,373,861▲101% | 990 |
| 2020 | $75,293,470▲74.5% | $67,385,095▲68.4% | $23,480,541▲50.8% | $37,989,736▲41.9% | 990 |
| 2019 | $43,146,460▲70.4% | $40,012,524▲65.9% | $15,572,166▲25.4% | $26,767,860▲47.9% | 990 |
| 2018 | $25,321,802▲29.3% | $24,123,323▲23.7% | $12,415,652▲10.8% | $18,104,301▲22.8% | 990 |
| 2017 | $19,585,509▲15.1% | $19,497,280▲19.1% | $11,201,256▲1.1% | $14,748,211▲9.3% | 990 |
| 2016 | $17,018,986▲10.9% | $16,370,493▲16.4% | $11,081,599▲6.7% | $13,492,866▲6.3% | 990 |
| 2015 | $15,345,541▲17.6% | $14,063,243▲17.5% | $10,384,868▲15.1% | $12,688,002▲9.1% | 990 |
| 2014 | $13,049,780▲13.0% | $11,969,219▲10.0% | $9,023,877▲13.6% | $11,624,497▲8.2% | 990 |
| 2013 | $11,546,025 | $10,885,025▲11.4% | $7,943,316▲9.1% | $10,741,238▲4.1% | 990 |
| 2012 | — | $9,767,102▲5.4% | $7,282,316▲17.3% | $10,315,221▲8.9% | 990 |
| 2011 | — | $9,262,624▲1.3% | $6,209,585▲24.4% | $9,475,978▲12.1% | 990 |
| 2010 | — | $9,141,248▲15.4% | $4,993,575▲32.4% | $8,456,005▲9.0% | 990 |
| 2009 | — | $7,922,253 | $3,772,933 | $7,759,093 | 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 (FY2023)
Highest-paid: Tzvi Wertheimer — $685,671 (0.38% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Tzvi Wertheimer | Executive Di | 40 | $685,671 |
| Abraham Solomon | Clinic Direc | 40 | $572,580 |
| Naftali Tessler | Cheif of Sta | 40 | $413,398 |
| Israel J Greenzweig | Controller | 40 | $389,708 |
| Yehuda Spangelet | Day Service | 40 | $382,916 |
| Sigmund Buxbaum | Director of | 40 | $337,238 |
| David Kohn | Vice Preside | 1 | — |
| Joel Rubin | Member | 1 | — |
| Jonas Hoffman | Member | 1 | — |
| Moshe Cohn | President | 1 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Ny Major Construction Inc | Construction | $10,480,816 |
| Go Forward Payroll | Direct Care | $6,937,042 |
| Mjy Services Inc | Client Support | $6,208,868 |
| Congregation Tichadish | Direct Care | $3,391,760 |
| Eom Retailers | Construction | $1,707,502 |
Grants received · $192K total
5 grants to Hamaspik of Kings County Inc totaling $192K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $38,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $29,800 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $34,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2021 | $34,200 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2020 | $55,000 |
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Frequently asked questions
- Is Hamaspik of Kings County Inc a legitimate nonprofit?
- Yes. Hamaspik of Kings County Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1522895, based in Brooklyn, New York. Donations are tax-deductible.
- What is Hamaspik of Kings County Inc's EIN?
- Hamaspik of Kings County Inc's Employer Identification Number (EIN) is 16-1522895.
- How much revenue does Hamaspik of Kings County Inc report?
- Hamaspik of Kings County Inc reported $175,285,751 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Hamaspik of Kings County Inc's spending goes to programs?
- Hamaspik of Kings County Inc spends about 94% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Hamaspik of Kings County Inc have?
- CharityIndex grades Hamaspik of Kings County Inc A, based on program efficiency and fundraising cost.
- How much does Hamaspik of Kings County Inc's highest-paid employee make?
- The highest reported compensation on Hamaspik of Kings County Inc's latest Form 990 is $685,671, paid to Tzvi Wertheimer (Executive Di).
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Data for Hamaspik of Kings County Inc (EIN 16-1522895) 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.