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Common Ground Management Corp

Breaking Ground Management

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

EIN: 133871134 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Common Ground Management Corp?

Common Ground Management Corp is a nonprofit organization based in New York, dedicated to enhancing the lives of individuals, families, and communities by creating and maintaining high-quality supportive and affordable housing. They serve the homeless and other vulnerable populations in New York. In this capacity, they function as the central disbursement unit for Breaking Ground and its affiliated entities. Their mission is to make a significant impact by developing and sustaining exceptional housing solutions and programs.


Official website here: www.breakingground.org

Is Common Ground Management Corp legitimate?

Common Ground Management Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Common Ground Management Corp 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: $1,607,973
Professional Fundraising Fees: $0
Other Salaries and Wages: $22,977,968

For more financial information, click here


Official website here: www.breakingground.org

What is the mission statement of Common Ground Management Corp?

Common Ground Management Corp is dedicated to enhancing the lives of individuals and families by creating and maintaining high-quality, supportive, and affordable housing. Their mission extends beyond just housing, as they also provide essential programs for the homeless and other vulnerable populations in New York City. By focusing on these vital aspects, Common Ground Management Corp strives to build stronger communities and foster a positive impact on the lives of those in need.


Official website here: www.breakingground.org

Who is the CEO of Common Ground Management Corp?

Brenda Rosen is the Principal Officer of Common Ground Management Corp. The CEO's salary of Common Ground Management Corp is $587,598 and their total compensation is $600,372.


Official website here: www.breakingground.org

What is the revenue of Common Ground Management Corp?

Common Ground Management Corp's revenue in 2022 was $58,980,963.


Official website here: www.breakingground.org

Who are the executives of Common Ground Management Corp and what are their salaries?

The average compensation at Common Ground Management Corp during 2022 was $28,522. There are 862 employees at Common Ground Management Corp.

Here are 13 key members and their salaries (Common Ground Management Corp's CEO's salary is $587,598 and their total compensation is $600,372):

    Brenda E Rosen (President & Ceo) [Trustee/Director]
  • Compensation: $587,598
  • Related: $0
  • Other: $12,774

    • Kevin Moran (Cfo)
  • Compensation: $338,301
  • Related: $0
  • Other: $43,787

    • David Beer (Vice President) [Trustee/Director]
  • Compensation: $306,168
  • Related: $0
  • Other: $43,943

    • Amie Pospisil (Vp, Hops)
  • Compensation: $319,800
  • Related: $0
  • Other: $28,896

    • Michael Rosen (Vp, Asset Management)
  • Compensation: $234,774
  • Related: $0
  • Other: $41,466

    • Toby Sherman (Secretary, Director)
  • Compensation: $256,279
  • Related: $0
  • Other: $19,123

    • Jeff Scheuer (Vp, External Affairs)
  • Compensation: $239,693
  • Related: $0
  • Other: $20,423

    • Erin Madden (Vp, Property Management)
  • Compensation: $191,304
  • Related: $0
  • Other: $29,136

    • Jill Murphy (Controller)
  • Compensation: $186,035
  • Related: $0
  • Other: $30,522

    • Nicholas Tsang (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Benjamin Stacks (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Walsh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Ryan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.breakingground.org

    Where can I find the form 990 for Common Ground Management Corp?

    The Common Ground Management Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.breakingground.org

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

    Mission Statement of Common Ground Management Corp

    Common Ground Management Corp, a central disbursement unit for Breaking Ground and its affiliated entities, is dedicated to enhancing the lives of individuals, families, and communities in New York. Through their mission, they strive to create and maintain exceptional supportive and affordable housing solutions for homeless and vulnerable populations.

    This nonprofit organization puts forth tireless efforts to fortify the well-being of individuals and families by providing them with essential housing. By developing and sustaining these housing projects, Common Ground Management Corp offers a stable foundation for those in need. Beyond housing, the organization extends its reach to encompass programs designed to uplift and empower homeless and other at-risk New Yorkers.

    Common Ground Management Corp's commitment to strengthening communities does not stop at housing. They recognize that housing is only one piece of the puzzle to achieving self-sufficiency and independence. By offering a range of supportive services, they help residents build a brighter future. These services may include access to education, employment opportunities, and essential resources that empower individuals to break the cycle of homelessness and poverty.

    In summary, Common Ground Management Corp is a beacon of hope for the most vulnerable populations in New York. By focusing on both the development and sustainment of supportive and affordable housing, as well as the provision of essential programs, they work to create lasting solutions that address the complex needs of homeless and other vulnerable individuals and families.

    Impact

    This information is meant to be a general summary of Common Ground Management Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Common Ground Management Corp has made a significant impact in New York by developing and sustaining exceptional supportive and affordable housing as well as programs for homeless and other vulnerable New Yorkers. Through their work, they have strengthened individuals, families, and communities by providing much-needed support and resources. Their focus on providing housing and programs for those in need demonstrates a commitment to improving the lives of marginalized populations and addressing the issue of homelessness in the city. Additionally, their central disbursement unit role for Breaking Ground and its affiliated entities contributes to the efficient allocation of resources and aids in maximizing the impact of their efforts. Overall, Common Ground Management Corp's work plays a crucial role in creating a more inclusive and supportive environment for New Yorkers in need.





    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: $0
  • Program Service Revenue: $53,033,382
  • Gross Receipts: $58,980,963

    • Assets and Liabilities:
  • Total Assets: $70,310,247
  • Total Liabilities: $163,279,420
  • Net Assets: -$92,969,173
  • Programs

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

    TENANT HOUSING (GOV'T CONTRACTS)

    Revenue

    $46,787,099

    MANAGEMENT AND PARTNERSHIP FEES

    Revenue

    $3,528,949

    OUTREACH SERVICE INCOME

    Revenue

    $1,757,588

    LOW INCOME HOUSING RENTAL INCOME

    Revenue

    $569,386

    LOW INCOME HOUSING CONSULTING FEE

    Revenue

    $390,360

    Organization Details

    Founding Year

    1995

    Principal Officer

    Brenda Rosen

    Main Address

    505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Common Ground Management Corp 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.