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The Fortune Society Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 132645436 ✦ Long island city, NY ✦ Designated as a 501(c)(3)

Overview

What is The Fortune Society Inc?

The Fortune Society Inc, situated in Long Island City, New York, is a nonprofit organization dedicated to empowering homeless, formerly incarcerated individuals, and their families by offering stable and affordable housing. They operate a variety of housing programs, including the Fortune Academy (The Castle), Castle Gardens, and a scatter-site housing program. These initiatives provide emergency, transitional, and permanent housing, addressing both immediate and long-term needs. Participating clients are given the opportunity to start anew and become self-sufficient members of society, with the ongoing support of Fortune's reentry services. In FY2022, they served 206 scattered-site clients, 65 clients at The Fortune Academy, and 60 active supportive housing clients at Castle Gardens. The Fortune Society's mission is to support successful re-entry from incarceration and strengthen communities by providing a comprehensive array of services, including career development, education, health services, housing, substance abuse treatment, counseling, drop-in-services, and advocacy.


Official website here: www.fortunesociety.org

Is The Fortune Society Inc legitimate?

The Fortune Society Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Fortune Society Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $902,194
Professional Fundraising Fees: $50,000
Other Salaries and Wages: $20,238,318

For more financial information, click here


Official website here: www.fortunesociety.org

What is the mission statement of The Fortune Society Inc?

The Fortune Society's mission is to support the successful re-entry of individuals who have been at-risk or incarcerated and strengthen communities by promoting alternatives to incarceration. They provide a comprehensive range of services, including career development, education, health services, housing, substance abuse treatment, counseling, drop-in services, and advocacy, catering to each individual's unique needs and experiences. The organization advocates for a world where formerly incarcerated men and women can become contributing members of society. Through their housing programs, they offer stable and affordable housing, enabling clients to take the first steps towards self-sufficiency and continuing engagement in reentry services. In FY2022, they served 206 scatter-site clients, 65 clients at their transitional housing facility, and 60 active supportive housing clients. Most clients transitioned to permanent housing in the community while continuing to utilize the array of support services offered.


Official website here: www.fortunesociety.org

Who is the CEO of The Fortune Society Inc?

Joanne Page is the Director of The Fortune Society Inc. The CEO's salary of The Fortune Society Inc is $274,809 and their total compensation is $306,351.


Official website here: www.fortunesociety.org

What is the revenue of The Fortune Society Inc?

The Fortune Society Inc's revenue in 2022 was $59,216,910.


Official website here: www.fortunesociety.org

Who are the executives of The Fortune Society Inc and what are their salaries?

The average compensation at The Fortune Society Inc during 2022 was $30,727. There are 688 employees and 75 volunteers at The Fortune Society Inc.

Here are 40 key members and their salaries (The Fortune Society Inc's CEO's salary is $274,809 and their total compensation is $306,351):

    Joanne Page (President/Ceo)
  • Compensation: $274,809
  • Related: $0
  • Other: $31,542

    • Simon Horwith (Chief Technology Officer)
  • Compensation: $173,996
  • Related: $0
  • Other: $44,606

    • Steven Hickman (Cfo)
  • Compensation: $166,954
  • Related: $0
  • Other: $45,853

    • Sherry Goldstein (Vp Agency Operations)
  • Compensation: $189,651
  • Related: $0
  • Other: $16,124

    • Leonard Chavis (Vp Administration)
  • Compensation: $173,097
  • Related: $0
  • Other: $22,142

    • Robert Deleon (Vp, Programs)
  • Compensation: $153,141
  • Related: $0
  • Other: $16,427

    • Ronald Day (Vp, Programs)
  • Compensation: $148,271
  • Related: $0
  • Other: $17,198

    • Benjamin Metsch (Vp, Risk Management & Hous)
  • Compensation: $147,259
  • Related: $0
  • Other: $3,024

    • Stanley Richards (Executive Vp)
  • Compensation: $121,832
  • Related: $0
  • Other: $16,646

    • Alan Patricof (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Alphonzo Elder (Vice Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anne L Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony M Mastellone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Betty P Rauch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Carlos Polanco (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Caroline Marshall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Coss Marte (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Danny Franklin (Director (Outgoing))
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David A Kochman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dyjuan Tatro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • E Patricia Haversham-Brown (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Eric A Seiff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fernando Martinez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gabriel S Oberfield (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jean Jeremie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jennifer Millstone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John H Eley (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ldennis Kozlowski (Chairperson) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Lebow (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Monique Carter (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nalika Nanayakkara (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Greenspan Ercole (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Tebout (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Richard Eisner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Roland Nicholson Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Samuel Hamilton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shu'Aib Abdur-Raheem (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stephane Howze (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Phillip A Jackson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yvette Brissett-Andre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.fortunesociety.org

    Where can I find the form 990 for The Fortune Society Inc?

    The The Fortune Society Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.fortunesociety.org

    Learn more at the official website: www.fortunesociety.org

    Mission Statement of The Fortune Society Inc

    The Fortune Society, a mission-driven organization, is dedicated to supporting the successful re-entry of individuals who have been incarcerated and promoting alternatives to incarceration. By offering a comprehensive range of services, including career development, education, health services, housing, substance abuse treatment, counseling, drop-in services, and advocacy, The Fortune Society caters to the unique needs and experiences of each individual as they embark on their journey toward becoming self-sufficient members of society.

    The Fortune Society believes in a world where at-risk individuals, those who have been incarcerated, and formerly incarcerated men and women can contribute positively to society. Through its work, The Fortune Society supports the successful re-entry of formerly incarcerated men and women and advocates for alternatives to incarceration, thereby strengthening the fabric of our communities.

    Among the organization's key initiatives is its housing program, which empowers homeless, formerly incarcerated individuals, and their families to build better futures through stable and affordable housing. The Fortune Society operates various housing programs, including The Fortune Academy (also known as "The Castle"), which provides supportive emergency and transitional housing, and Castle Gardens, which offers supportive permanent housing. These programs cater to both the immediate and long-term needs of The Fortune Society's clients, enabling them to take the first steps toward self-sufficiency while continuing to engage in the array of reentry services offered by the organization. In the 2022 fiscal year, The Fortune Society served 206 clients through its scatter-site housing program, 65 clients at The Fortune Academy, and 60 active supportive housing clients at Castle Gardens. Most clients leaving The Fortune Society's transitional housing successfully transitioned to permanent housing in the community, continuing to engage in the organization's supportive services.

    Impact

    This information is meant to be a general summary of The Fortune Society Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    The Fortune Society Inc's impact lies in supporting successful re-entry from incarceration and promoting alternatives to incarceration, thus strengthening the fabric of our communities. By offering a comprehensive array of services such as career development, education, health services, housing, substance abuse treatment, counseling, drop-in services, and advocacy, the organization supports each individual's needs and experiences as they enter The Fortune Society. Specifically, their housing programs empower homeless, formerly incarcerated individuals and their families to build better futures through stable and affordable housing. Through providing low-threshold access to supportive emergency and transitional housing, as well as supportive permanent housing, The Fortune Society helps clients take the first steps towards becoming positive, self-sufficient members of society. In FY2022, they served 206 scattered-site clients, 65 clients at The Fortune Academy, and 60 active supportive housing clients at Castle Gardens. Many clients leaving transitional housing went on to successful permanent housing in the community while continuing to engage in the array of support services offered.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $-459
  • Program Service Revenue: $2,432,132
  • Gross Receipts: $59,716,051

    • Assets and Liabilities:
  • Total Assets: $33,781,145
  • Total Liabilities: $10,017,279
  • Net Assets: $23,763,866
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    MEDICAID PMT

    Revenue

    $1,869,827

    SOCIAL SERVICE FEE

    Revenue

    $491,874

    WAGE SUBSIDY

    Revenue

    $70,431

    Organization Details

    Founding Year

    1967

    Principal Officer

    Joanne Page

    Main Address

    29-76 NORTHERN BOULEVARD, LONG ISLAND CITY, NY, 11101

    NTEE Category

    Code: I40 - Crime

    If you are a representative of The Fortune Society Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.