HELLGATE MANAGEMENT HAS DEVELOPED AND CREATED PLANS, PROJECTS, AND ACTIVITIES TO ELIMINATE THE ABANDONMENT OF HOUSING STOCK IN EAST HARLEM. (See Schedule O)

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 3
filings with a surplus
Average deficit $73K a year · 19% of revenue · last 3 filings
Concern: a surplus in 1 of the last 3 filings.
Pt I · Ln 19 · 3 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
8 mo
of spending, in cash
Looks good: 8.3 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$373K
83% of total assets
Concern: liabilities are 83% of assets; over 80%.
Pt X · Ln 26
Independent board members
6
of 6 voting members
Looks good: 6 of 6 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$335K
-20% vs prior year
Spent
$419K
To programs
78%
Net assets
$76K
By yearFY2020–FY2024
Revenue
$335K
FY2023▼ -20%
Tap a bar for its year
Revenue by fiscal year
FY2020$89K
FY2021$96K
FY2022$416K
FY2023$335K
FY2024$389K
Expenses
$419K
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020Not on file
FY2021Not on file
FY2022$385K
FY2023$419K
FY2024$553K
Net assets
$76K
FY2023▼ -53%
Tap a bar for its year
Net assets by fiscal year
FY2020$168K
FY2021$80K
FY2022$160K
FY2023$76K
FY2024−$89K

From the FY2023 Form 990 · see the original

Give Claim
You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Sep 1983.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $327K Management & general 22% · $93K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

10 people listed on the 990.

Part VII, Section A · reportable compensation
President
$0Pt VII · Sec A
Chief Executive Officer
$0Pt VII · Sec A
Chief Legal Officer/Exec VP
$0Pt VII · Sec A
Chief Financial Officer
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice Chair
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
See Hellgate Management Corporation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Prevents housing abandonment in East Harlem through planning and projects.

Questions for Hellgate Management Corporation

Tap to ask. Hellgate Management Corporation sees how many people are interested.

Your first name shows with your question. Hellgate Management Corporation answers here, for everyone.

Provided by the organization

Know this org? Add your story

1 program · $327K · in their own filed words · FY2023
01

The organization's role in the east harlem community is to help rebuild the community by providing assistance in areas such as eviction prevention, tenant advocacy, landlord assistance and homeowner education.

$327Kprogram expense

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$335K
Ln 12
Fees for servicesLn 2g$241K
Gifts and grantsLn 1h$94K
Money outPt IX
$419K
Ln 25
Programscol B$327K
Managementcol C$93K
Owns and owesPt X
$76K
net assets · Ln 32
Cash and savingsLn 1–2$289K
Total assetsLn 16$448K
LiabilitiesLn 26$373K
PeoplePt VI, VII
10
listed · VII A
PaidVII A0
Voting boardVI 1a6
IndependentVI 1b6
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$94K
Government grantsLn 1e$94K
Fees for servicesLn 2g$241K
Gains on assetsLn 7$0
Total revenueLn 12$335K
Assets in detailPt X, end of year
CashLn 1$289K
SavingsLn 2$0
Cash and savings togetherLn 1–2$289K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$70K
Other assetsLn 15$8K
Total assetsLn 16$448K
LiabilitiesLn 26$373K
Net assetsLn 32$76K
OperationsPt I, VI
EmployeesI 50
VolunteersI 66
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$278K$289K
InvestmentsLn 11–13$0$0
Land, buildings, equipmentLn 10c$71K$70K
Total assetsLn 16$451K$448K
LiabilitiesLn 26$291K$373K
Net assetsLn 32$160K$76K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$103K$32K$71K
Pension plan contributionsLn 8$4K$1K$2K
Other employee benefitsLn 9$1K$1K
Payroll taxesLn 10$6K$6K
Management feesLn 11a$19K$19K
Legal feesLn 11b$0
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$9K$2K$7K
Advertising and promotionLn 12$0
Office expensesLn 13$156$2$154
Information technologyLn 14$526$526
RoyaltiesLn 15$0
OccupancyLn 16$107K$102K$5K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$1K$1K
InterestLn 20$4K$4K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$8K$8K
InsuranceLn 23$39K$39K
Other expenses (24a–d)Ln 24$119K$119K
Total functional expensesLn 25$419K$327K$93K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $389K$553K−$164K−$89K 990 PDF
FY2023 Viewing $335K$419K−$85K$76K 990 PDF
FY2022 $416K$385K$31K$160K 990 PDF
FY2021 $96K$80K 990 PDF
FY2020 $89K$168K 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $334,528 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $93,664$93,884
I-9 Program service revenuePrior year $235,263$240,644
I-10 Investment incomePrior year $0$0
I-11 Other revenuePrior year $87,143$0
I-12 Total revenuePrior year $416,070$334,528
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $165,769$113,163
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $219,268$306,305
I-18 Total expensesPrior year $385,037$419,468
I-19 Revenue less expensesPrior year $31,033−$84,940
Part VI · Governance 6 of 6 board members independent, no flags
VI-1a Voting members of the governing body6
VI-1b Independent voting members6
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $334,528 across 9 lines filed
VIII-1e Government grants$93,884
VIII-1h Total contributions, gifts and grants$93,884
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $240,644$240,644
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $240,644$334,528
Part IX · Statement of functional expenses $419,468 across 30 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $32,103 · Management $70,743$102,846
IX-8 Pension plan contributionsPrograms $1,456 · Management $2,050$3,506
IX-9 Other employee benefitsManagement $1,089$1,089
IX-10 Payroll taxesManagement $5,722$5,722
IX-11a Management feesPrograms $19,221$19,221
IX-11b Legal fees$0
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11f Investment management fees$0
IX-11g Other fees for servicesPrograms $1,902 · Management $6,776$8,678
IX-12 Advertising and promotion$0
IX-13 Office expensesPrograms $2 · Management $154$156
IX-14 Information technologyPrograms $526$526
IX-15 Royalties$0
IX-16 OccupancyPrograms $101,840 · Management $5,208$107,048
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $1,030$1,030
IX-20 InterestPrograms $3,580$3,580
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $8,172$8,172
IX-23 InsurancePrograms $39,346$39,346
IX-24 Other expenses (24a–d)Programs $118,548$118,548
IX-25 Total functional expensesPrograms $326,696 · Management $92,772 · Fundraising $0$419,468
Part X · Balance sheet $448,167 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $278,405$288,684
X-2 Savings and temporary cash investmentsStart of year $0$0
X-3 Pledges and grants receivableStart of year $0$0
X-4 Accounts receivableStart of year $48,533$60,487
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $44,854$20,319
X-10c Land, buildings and equipment, netStart of year $71,183$70,282
X-11 Publicly traded securitiesStart of year $0$0
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $8,395$8,395
X-16 Total assetsStart of year $451,370$448,167
X-17 Accounts payable and accrued expensesStart of year $36,648$54,677
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $163,249$230,959
X-26 Total liabilitiesStart of year $290,874$372,611
X-27 Net assets without donor restrictionsStart of year $160,496$75,556
X-28 Net assets with donor restrictionsStart of year $0$0
X-32 Total net assets or fund balancesStart of year $160,496$75,556
X-33 Total liabilities and net assetsStart of year $451,370$448,167
Part XI · Reconciliation of net assets $75,556 net assets at year end
XI-1 Total revenue$334,528
XI-2 Total expenses$419,468
XI-3 Revenue less expenses−$84,940
XI-4 Net assets at start of year$160,496
XI-10 Net assets at end of year$75,556

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.