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Praxis Housing Initiatives Inc

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

EIN: 133832223 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Praxis Housing Initiatives Inc?

Praxis Housing Initiatives Inc is a New York-based nonprofit organization dedicated to providing supportive housing to formerly homeless individuals with multiple diagnoses, such as HIV/AIDS, mental health, and chemical dependency. They currently manage 988 housing units, offering both transitional and permanent solutions, and serve a total of 1,395 adults and children. Their mission emphasizes stabilizing chronically homeless people and helping them recover, attain stability, and ultimately, achieve independence. Praxis Housing Initiatives offers a range of programs, including four congregate and four scatter site housing programs for individuals diagnosed with HIV/AIDS or living with AIDS, as well as three transitional housing programs for homeless families with and without children. Their services extend beyond housing, providing essential support services to ensure the success of their residents' recovery journey.


Official website here: www.praxishousing.org

Is Praxis Housing Initiatives Inc legitimate?

Praxis Housing Initiatives Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Praxis Housing Initiatives 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: $543,703
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,357,849

For more financial information, click here


Official website here: www.praxishousing.org

What is the mission statement of Praxis Housing Initiatives Inc?

Praxis Housing Initiatives Inc is dedicated to stabilizing chronically homeless individuals with multiple diagnoses, including HIV/AIDS, mental health, chemical dependency, and other special needs. Through the provision of clean, safe housing and support services, Praxis aims to help these individuals recover, achieve stability, and ultimately, gain independence. The organization operates various transitional and permanent supportive housing programs, serving a total of 1395 adults and children. Their efforts include four congregate transitional programs for people living with HIV/AIDS, four scatter site programs for eligible homeless families affected by AIDS or HIV, two newly constructed permanent supportive housing programs for special needs populations, and three transitional programs for homeless families with and without children. Praxis Housing Initiatives Inc currently operates a total of 988 housing units.


Official website here: www.praxishousing.org

Who is the CEO of Praxis Housing Initiatives Inc?

Svein Jorgensen is the Chairman of Praxis Housing Initiatives Inc. The CEO's salary of Praxis Housing Initiatives Inc is $278,197 and their total compensation is $286,744.


Official website here: www.praxishousing.org

What is the revenue of Praxis Housing Initiatives Inc?

Praxis Housing Initiatives Inc's revenue in 2022 was $35,320,830.


Official website here: www.praxishousing.org

Who are the executives of Praxis Housing Initiatives Inc and what are their salaries?

The average compensation at Praxis Housing Initiatives Inc during 2022 was $20,004. There are 345 employees and 8 volunteers at Praxis Housing Initiatives Inc.

Here are 10 key members and their salaries (Praxis Housing Initiatives Inc's CEO's salary is $278,197 and their total compensation is $286,744):

    Svein Jorgensen (Chief Executive Officer)
  • Compensation: $278,197
  • Related: $0
  • Other: $8,547

    • Vashti Rampatsingh (Chief Financial Officer)
  • Compensation: $187,613
  • Related: $0
  • Other: $13,631

    • Dale Burnett (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ekta Vohra (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ira Platt (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jonathan Kivell (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mark Gustin (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Schall (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Biegen (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tumi Adebiyi (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.praxishousing.org

    Where can I find the form 990 for Praxis Housing Initiatives Inc?

    The Praxis Housing Initiatives Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.praxishousing.org

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

    Mission Statement of Praxis Housing Initiatives Inc

    Praxis Housing Initiatives Inc, a dedicated provider of supportive housing, strives to stabilize chronically homeless individuals with multiple diagnoses, including HIV/AIDS, mental health, and chemical dependency. By offering clean and safe housing, this mission-driven organization facilitates the recovery, stability, and eventual independence of these individuals.

    Praxis Housing Initiatives currently manages four congregate transitional supportive housing programs specifically for people diagnosed with HIV/AIDS. In addition, they oversee four scatter site programs that provide quality supportive housing and ancillary services to eligible homeless families affected by AIDS or HIV. Furthermore, they have established two newly constructed permanent supportive housing programs for special needs populations that meet the NY/NY III criteria. Lastly, they operate three transitional programs for homeless families with and without children. Currently, Praxis Housing Initiatives serves a total of 1,395 adults and children through their 988 housing units.

    Impact

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




    Thursday, August 15, 2024

    Praxis Housing Initiatives Inc plays a crucial role in providing transitional and permanent supportive housing to formerly homeless individuals, particularly those diagnosed with HIV/AIDS and other special needs. The organization operates various housing programs that aim to stabilize chronically homeless persons with multiple diagnoses through clean, safe housing and support services. With a total of 988 units currently operated, Praxis Housing Initiatives Inc has served a total of 1395 adults and children, contributing to the recovery, stability, and independence of vulnerable populations in New York City.





    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: $42,190
  • Program Service Revenue: $352,320
  • Gross Receipts: $35,320,830

    • Assets and Liabilities:
  • Total Assets: $18,010,382
  • Total Liabilities: $8,282,736
  • Net Assets: $9,727,646
  • Programs

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

    RENTAL INCOME

    Revenue

    $352,320

    Organization Details

    Founding Year

    1995

    Principal Officer

    Svein Jorgensen

    Main Address

    130 WEST 29TH STREET 7TH FLOOR, NEW YORK, NY, 10001

    NTEE Category

    Code: L25 - Housing

    If you are a representative of Praxis Housing Initiatives 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.