BRC is one of New York City's largest, most experienced and most successful providers of housing and services for individuals experiencing homelessness. Founded in 1971 by a group of recovering alcoholics living in poverty in the Bowery's infamous flophouses, these individuals had hope, and a firm belief that better days lay ahead. BRC has grown significantly since our grassroots beginning and now operates more than 30 programs with an annual budget of over $200 million. Our robust continuum of housing and services includes over 3,700 units of transitional and permanent housing; outreach and day treatment programs; and substance abuse and medical services. Together, these programs offer a caring and effective path from homelessness to home, providing comprehensive services that guide each individual on their unique journey. We measure our work and how well it is done, making sure our efforts achieve impact. In fiscal year 2023, BRC served 12,512 individuals at our site-based programs and thousands more through our outreach programs. Over one-half of those who left BRC programs achieved positive outcomes; including 165 people who successfully engaged in substance use treatment and moved on to the next step in their recovery, 351 BRC clients who entered the workforce during the year, and 1,018 individuals who moved into more independent housing.
In care of Lilia Marini-Calves
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Category
Other
Employees
1,924
Volunteers
1,200
Financial Snapshot
FY ending 2023-06-30
Revenue
$182.4M
Expenses
$180.1M
Assets
$335.9M
Liabilities
$316.5M
Financial history
$182.4M$91.2M$0
1617181920212223
RevenueExpenses
Latest FY2023: $182.4M · Avg: $108.2M
BOWERY RESIDENTS COMMITTEE INC
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Address
131 W 25TH Street 12TH Floor
New YORK, NY, 10001-722
Governance
Voting board members18
Independent members18
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes
Compensation practices
Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Compensation committeeYes
Used comp surveyYes
Board approved compYes
Initial contract exceptionNo
Fundraising activity (Schedule G)
Uses professional fundraisersYes
Gross fundraising receipts$905K
Net to org$879K
Retained by contractors$26K
ChannelsMail · Phone · Email · In-person · Grant solicitation