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St Nicks Alliance Corporation

Brooklyn, NY · EIN 51-0192170 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

St Nicks Alliance Corporation reported $52.1 million in revenue and $52.3 million in expenses for calendar year 2024. Of every $100 it spent, $87.17 went to program services, $12.63 to management and general costs and $0.20 to fundraising. Its largest source of revenue was contributions and grants: 75.4% of the total. Government grants made up 70.3%. The highest compensation it reported for one person was $439,465 (EXECUTIVE DIRECTOR). 34 people received more than $100,000 in reportable compensation. Revenue rose 66% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $52M

For context, the median across 479 covered community improvement & capacity building charities: $90.45 programs, $9.31 management, $0.24 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $52M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 479 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
87.2%89.1%
Management & general
Part IX 25(C) ÷ 25(A)
12.6%9.2%
Fundraising
Part IX 25(D) ÷ 25(A)
0.2%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
75.4%80.1%
Government grants share of revenue
Part VIII 1e ÷ 12
70.3%14.9%
Program service revenue share
Part VIII 2g ÷ 12
21.4%11.9%
Highest reported compensation
Part VII-A, columns D–F
$439,465$291,103
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.84%1.49%
People paid over $100,000
Part VII, line 2
345
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
5.39.2
Independent voting board members
Part VI 1a–1b
19 of 19100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$22M expenses · 48.7% of program spending · grants $9.8M · revenue $11M

Sna affordable housing serves over 5,500 people annually with the following programs: new housing development & rehab 1,950 units, property management 1,650 units and prevention of illegal displacement for 1,500 low-income households

$15M expenses · 32.9% of program spending

Sna youth and education serves over 7,000 children and young adults through early childhood education, afterschool services, community schools, community centers and teen services

$4.3M expenses · 9.5% of program spending

Sna workforce serves over 2,018 adults and young adults with skills training in the building trades, tech, healthcare and financial services sectors, placed in employment and provided adult education, including esol, hse & adult basic education

$4.0M all other programs (line 4d)

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
EXECUTIVE DIRECTOR
Officer, 27.25 hrs/week
$301,978$85,753$51,734$439,465
DIRECTOR OF FINANCE
Officer, 30.00 hrs/week
$244,226$34,798$52,295$331,319
HOUSING DIRECTOR
Highest compensated employee, 35.00 hrs/week
$252,389$0$68,626$321,015
DIRECTOR OF PROPERTY DEV.
Highest compensated employee, 35.00 hrs/week
$247,570$0$58,693$306,263
DIRECTOR OF WORKFORCE DEV.
Highest compensated employee, 35.00 hrs/week
$242,145$0$37,551$279,696
DIRECTOR OF YOUTH & ED.
Highest compensated employee, 7.50 hrs/week
$150,605$69,230$49,194$269,029
DEPUTY EXECUTIVE DIRECTOR
Highest compensated employee, 25.00 hrs/week
$215,328$0$48,329$263,657
DEPUTY EXECUTIVE DIRECTOR
Officer, 35.00 hrs/week
$179,088$0$52,985$232,073

34 people received more than $100,000 in reportable compensation from St Nicks Alliance Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $882K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$52M$52M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$52M$52M87.2%$23M$439,465
2023 ⓘ$47M$48M86.3%$23M$436,647
2022 ⓘ$42M$42M86.7%$23M$450,015
2021 ⓘ$36M$35M87.3%$23M$309,999
2020 ⓘ$31M$30M85.8%$22M$340,271
2019 ⓘ$31M$29M86.1%$21M$320,604

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b19 · 19 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5979
  • Volunteers Part I, line 619

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
ROCKABILL CONSULTING LLC
Property development
$300,000
L7G RESEARCH & EVALUATION CONSULTING
Youth program evaluation
$102,480

Individuals listed as contractors are left out. 2 contractors were paid more than $100,000 in all.

Private foundation grants it received

8 private foundations reported grants to St Nicks Alliance Corporation totaling $846K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from St Nicks Alliance Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for St Nicks Alliance Corporation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All community improvement & capacity building charities · Largest charities in New York

Questions people ask

How much of St Nicks Alliance Corporation's spending goes to programs?

In calendar year 2024, St Nicks Alliance Corporation reported that 87.2% of its $52.3 million in expenses went to program services, 12.6% to management and general and 0.2% to fundraising (Form 990, Part IX).

How much does St Nicks Alliance Corporation pay its top executive?

The largest total compensation St Nicks Alliance Corporation reported for one person in calendar year 2024 was $439,465, for the role of EXECUTIVE DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does St Nicks Alliance Corporation get its money?

Of $52.1 million in revenue in calendar year 2024, 75.4% came from contributions and grants (including 70.3% from government grants) and 21.4% from program service revenue (Form 990, Part VIII).

Is St Nicks Alliance Corporation a registered charity?

The IRS lists EIN 51-0192170 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513049349302201 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423209349327877 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202333199349312153 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223199349330087 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133159349301733 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202013219349316171 · read the filing

All filings for EIN 51-0192170: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.