2026-05-13T19:31:23-05:00 2025-06-30 333709623 COHNREZNICK ADVISORY LLC 1301 AVENUE OF THE AMERICAS NEW YORK NY 10019 990 2024-07-01 112451752 PRATT AREA COMMUNITY COUNCIL INC PRAT 7185222613 1000 DEAN STREET 420 BROOOKLYN NY 11238 CRAIG CAMPBELL CFO 7185222613 2026-05-12 1 1 LORI ROTHE YOKOBOSKY P01273422 2122970400 2026-05-12 2024 2025-03-06 01:10:19Z IMPACCT BROOKLYN CRAIG CAMPBELL 1000 DEAN STREET 420 BROOOKLYN NY 11238 3924555 0 X WWW.IMPACCTBROOKLYN.ORG X 1972 NY TO PROMOTE AFFORDABLE HOUSING, COMMUNITY AND ECONOMIC DEVELOPMENT. 5 5 50 21 -11120 0 3436361 2407893 2824409 607284 -1706228 3886 554314 747259 5108856 3766322 0 0 0 0 3087654 2981147 0 0 0 2930768 3531379 6018422 6512526 -909566 -2746204 24579841 27347595 13226762 14007576 11353079 13340019 X SEE SCHEDULE O 0 0 3240993 281587 IMPACCT BROOKLYN DEVELOPS, OWNS AND OPERATES AFFORDABLE HOUSING, INCLUDING SUPPORTIVE HOUSING SERVICESAND OTHER PROGRAMS AND SERVICES THAT IMPROVE THE WELL-BEING OF VULNERABLE AND/OR INDIVIDUALS FORMERLY LIVING WITH HOMELESSNESS. IMPACCT BROOKLYN PROVIDES DIRECT SUPPORTIVE HOUSING SERVICES AT OUR GIBB MANSION AND NAVY GREEN RESIDENCE. THESE FACILITIES HOUSES CHRONICALLY ILL AND LOW INCOME INDIVIDUALS. WE PROVIDE RESPONSIVE AND COMPASSIONATE CARE TO THE RESIDENTS WHO CALL IT HOME. ON STAFF ARE SOCIAL WORKERS, CASE MANAGERS, A RESIDENT MANAGER, COOK AND COOKING STAFF, A SUBSTANCE ABUSE SPECIALIST, AND ACTIVITIES COORDINATOR. RESIDENTS RECEIVE REGULAR COUNSELING ON A WEEKLY BASIS. GIBB MANSION IS ALWAYS BUSTLING WITH ACTIVITY. RESIDENTS SHARE FIVE FRESH, HOT MEALS PER WEEK, AND THE ACTIVITIES COORDINATOR KEEPS THE SCHEDULE FULL OF CLASSES, OUTINGS, PARTIES AND COMMUNITY EVENTS.THE COMMUNITY AT GIBB MANSION IS THRIVING AS STAFF AND RESIDENTS WORK TOGETHER TO CREATE A POSITIVE, HEALTHY AND EMPOWERING ENVIRONMENT THAT FACILITATES HEALING AND WELLNESS. IN FISCAL 2023 71 INDIVIDUALS WERE HOUSED, 50 CHRONICALLY ILL INDIVIDUALS ARE RECEIVING CASE MANAGEMENT AND COUNSELING. IMPACCT BROOKLYN'S OTHER SUPPORTIVE HOUSING IS FOUND AT 40 VANDERBILT AVENUE, NAVY GREEN. THIS 98-UNIT PERMANENT SUPPORTIVE HOUSING BUILDING IS PART OF A LARGE SCALE RESIDENTIAL COMPLEX NAMED NAVY GREEN WITH 458 UNITS OF MIXED INCOME HOUSING, OPEN GREEN SPACE, RETAIL FACILITY AND COMMUNITY SPACE. THE RESIDENCE IS COMPRISED OF STUDIO APARTMENTS FOR 59 SINGLE ADULTS THAT ARE CHRONICALLY ILL WITH SEVERE AND PERSISTENT MENTAL ILLNESS AND/OR CHEMICAL ADDITION. THE REMAINING 38 UNITS ARE FOR LOW INCOME COMMUNITY RESIDENTS. THERE IS ALSO A LIVE IN SUPERINTENDENT AND 24/7 STAFFED SECURITY ONSITE. SOCIAL SERVICES ARE OFFERED TO ALL RESIDENTS BY BROOKLYN COMMUNITY HOUSING AND SERVICES AND FUNDED THROUGH THE HISTORIC NY/NY III PARTNERSHIP BETWEEN NYC AND NYS THROUGH THE DEPARTMENT OF HEALTH AND MENTAL HYGIENE. 682113 358384 AFFORDABLE HOUSING DEVELOPMENT WORKS WITH COMMUNITY MEMBERS, GOVERNMENT OFFICIALS AND AGENCIES, FINANCIAL INSTITUTIONS AND DEVELOPERS TO BUILD AND PRESERVE AFFORDABLE AND SUPPORTIVE HOUSING UNITS FOR VERY LOW TO MODERATE INCOME HOUSEHOLDS. AS PART OF THE ORGANIZATIONS MISSION OF ENSURING THE LONG TERM AFFORDABILITY OF HOUSING FOR LOW INCOME RESIDENTS. IMPACCT BROOKLYN HAS COMMITTED 143 UNITS TO THE JOINT OWNERSHIP ENTITY (THE JOENY) AS PART OF A JOINT VENTURE WITH BRIDGE STREET LOCAL DEVELOPMENT, SNA, AND BEDFORD STUYVESANT RESTORATION CORPORATION TO PRESERVE OVER 500 UNITS OF AFFORDABLE HOUSING. WE HAVE A PIPELINE OF AFFORDABLE HOUSING PROJECTS THAT INCLUDE MISSION / FAITH BASED DEVELOPMENT WITH A FOCUS ON SENIOR HOUSING. IN ADDITION, WORKING WITH THE CITY OF NY AND NEW YORK STATE WE WILL BE BUILDING ANOTHER SUPPORTIVE HOUSING FACILITY FOR SENIORS LIVING WITH CHRONIC MENTAL ILLNESS LOCATED IN BEDFORD STUYVESANT, BROOKLYN. 389778 OUR ECONOMIC DEVELOPMENT DEPARTMENT SERVES THE SMALL BUSINESS COMMUNITY IN CENTRAL BROOKLYN BY PROVIDING TECHNICAL SUPPORT, COMMERCIAL LEASING SERVICES AND PRO-BONO LEGAL SERVICES THROUGH THE LAW FIRM STROOCK & STROOCK. IMPACCT BROOKLYN ALSO SERVES ON THE BOARD OF THE MARP AND FULTON STREET BUSINESS IMPROVEMENT DISTRICTS. 4312884 1 1 0 1 0 0 0 0 1 0 1 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 43 0 1 50 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 5 0 0 0 0 1 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 NY X CRAIG CAMPBELL 7185222613 1000 DEAN STREET 420 BROOOKLYN NY 11238 AMY CHEN DIRECTOR (OUTGOING) 0.50 X 0 0 0 DANIEL FENNESSEY BOARD VICE CHAIR 0.50 X X 0 0 0 ELIZABETH ZELDIN DIRECTOR 0.50 X 0 0 0 FRANTZ METELLUS DIRECTOR 0.50 X 0 0 0 HEATHER GERSHEN DIRECTOR (OUTGOING) 0.50 X 0 0 0 JOHN DEW DIRECTOR (OUTGOING) 0.50 X 0 0 0 LISA DAVIS DIRECTOR (OUTGOING) 0.50 X 0 0 0 LLOYD SENIOR TREASURER/DIRECTOR 0.50 X X 0 0 0 MARLENE ZURACK DIRECTOR (OUTGOING) 0.50 X 0 0 0 PATRICIA ANNA ROCK BOARD SECRETARY 0.50 X X 0 0 0 YVONNE CUMMINGS CHAIR (OUTGOING) 0.50 3.50 X X 0 0 0 CRAIG CAMPBELL CFO 35.00 35.00 X 0 0 0 JAMAL ROBINSON EXECUTIVE DIRECTOR 35.00 3.50 X 63901 0 0 SAMMY AHMED CFO (OUTGOING) 35.00 3.50 X 14641 0 0 78542 0 0 0 0 0 0 0 2117186 290707 2407893 PROGRAM REVENUE 900099 360002 360002 DEVELOPER FEES 531390 164505 164505 RENTAL INCOME 531110 82750 82750 PAYROLL ADMIN FEES 624200 27 27 607284 3886 3886 872805 158233 714572 714572 -11120 725692 BAD DEBT-RECOVERIES 900099 25000 25000 INSURANCE PROCEEDS 541900 7687 7687 32687 3766322 639971 -11120 729578 X 2567708 1700450 867258 191385 126744 64641 222054 147054 75000 97165 97165 40937 40937 37050 37050 1252313 908281 344032 131554 87121 44433 94432 62537 31895 23872 15809 8063 318521 210939 107582 6867 4548 2319 22171 14683 7488 72824 48227 24597 62838 41614 21224 63086 41778 21308 PROGRAM MATERIALS 485920 321798 164122 BAD DEBT 402901 266819 136082 EQUIPMENT LEASE 300978 199321 101657 REPAIR AND MAINTENANCE 62977 41706 21271 54973 36405 18568 6512526 4312884 2199642 0 1598767 893982 1796872 2400760 145087 207982 80235 1350000 51379 32504 1931672 1528326 466186 403346 10432538 10432538 1670954 1431549 8337823 10194934 24579841 27347595 1895754 1553227 452455 1653540 150425 161613 1268401 1910828 9459727 8728368 13226762 14007576 X 11351209 13338149 1870 1870 11353079 13340019 24579841 27347595 X -2746204 233144 4500000 X 0 0 0 X 2705866 3046869 3032558 3436361 2407893 14629547 2965766 899903 417282 2824409 607284 7714644 5671632 3946772 3449840 6260770 3015177 22344191 0 0 0 22344191 579193 583404 555439 497991 843721 3059748 579193 583404 555439 497991 843721 3059748 28565 86367 56411 0 171343 80145 141869 55629 34447 32687 344777 6330970 4700610 4147275 6849619 3891585 25920059 0.86200 0.85600 0.11800 0.10420 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: WORKSHOP FEE - 2020 AMOUNT: $ 8,651. BAD DEBTS RECOVERY - 2020 AMOUNT: $ 35,000. 2024 AMOUNT: $ 25,000. OTHER INCOME - 2020 AMOUNT: $ 36,494. 2021 AMOUNT: $ 141,869. 2022 AMOUNT: $ 55,629. 2023 AMOUNT: $ 34,447. 2024 AMOUNT: $ 7,687. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 37050 1 0 37050 0 PART II-B, LINE 1: OUR COMMUNITY ORGANIZING STAFF HAS BEEN ENGAGED IN THE FOLLOWING COALITIONS: THE RENT JUSTICE COALITION WHICH CONTINUES TO ADVOCATE FOR THE RENT GUIDELINES BOARD TO PASS REASONABLE AND EQUITABLE RENT ADJUSTMENTS; THE RIGHT TO COUNSEL COALITION WHICH IS WORKING TOWARDS THE PASSAGE OF LEGISLATION AT NY COUNCIL LEVEL TO ENACT THE RIGHT TO LEGAL REPRESENTATION FOR LOW-INCOME TENANTS AND HOMEOWNERS IN HOUSING COURT; THE STABILIZING NYC COALITION WHICH IS COMBATTING DISPLACEMENT THROUGH PREDATORY EQUITY INVESTMENT AND TACTICS AND ADVOCATES TO STRENGTHEN TENANT PROTECTION LAWS. THE DEPARTMENT ALSO ENLISTED THE PARTICIPATION OF TENANT LEADERS TO ATTEND RALLIES IN SUPPORT OF THE AFOREMENTIONED COALITIONS AND TO MEET WITH LEGISLATORS ON THESE ISSUES, TYPICALLY THREE TIMES A YEAR. 0 1 X 130250 130250 700493 500152 200341 417686 410830 6856 177455 177455 0 505788 439889 65899 403346 INVESTMENTS IN JOINT VENTURES 10432538 C 10432538 TENANTS SECURITY DEPOSITS 170272 ADVISORY SERVICE FEES RECEIVABLE 373809 DUE FROM AFFILIATE 8590003 DEVELOPER FEE RECIEVABLE 1060850 10194934 INVESTMENT IN PARTNERSHIPS 4206877 DUE TO AFFILIATES 2278083 RIGHT OF USE LIABILITY 1961464 DEFERRED DEVELOPMENT FEES 281944 8728368 PART IV, LINE 2B: TENANTS SECURITY DEPOSITS HELD IN PACC CAPITAL ONE BANK. FORM 990, PART III, LINE 1 PRATT AREA COMMUNITY COUNCIL, INC. DBA IMPACCT BROOKLYN IS A NON-PROFIT, 501 (C) (3) ORGANIZATION. IMPACCT BROOKLYN WAS FOUNDED IN 1964 AND INCORPORATED ON JANUARY 1972. INITIALLY FOCUSED ON THE WALLABOUT, FORT GREEN, CLINTON HILL AND BEDFORD STUYVESANT NEIGHBORHOODS OF BROOKLYN, THE ENTITY HAS EXPANDED TO PROVIDE PROGRAMS AND SERVICES THROUGHOUT KINGS COUNTY. WE HAVE A FOCUS IN THE HISTORICALLY RICH BLACK COMMUNITIES OF BROOKLYN; INCLUDING: BEDFORD-STUYVESANT, BROWNSVILLE, CROWN HEIGHTS, FORT GREEN, CLINTON HILL, AND PROSPECT HEIGHTS. IMPACCT BROOKLYN UNDERSTANDS THAT LONG-TERM ECONOMIC VITALITY, ENVIRONMENTAL HEALTH AND SOCIAL COHESION ARE IMPORTANT COMPONENTS OF A SUCCESSFUL, SUSTAINABLE COMMUNITY, WITH RESIDENTS PROVIDED WITH TOOLS TO NOT ONLY CONTINUE TO IMPROVE THEIR LIVES BUT TO ALSO PROVIDE THEIR PERSONAL CONTRIBUTION TO THE CONTINUED IMPROVEMENT OF THEIR COMMUNITY. THROUGH FOUR OVERARCHING PROGRAMS, IMPACCT BROOKLYN CONTINUES TO FIGHT FOR SAFE AND AFFORDABLE HOUSING, AND TO HELP RESIDENTS BUILD AND SUSTAIN FLOURISHING COMMUNITIES THROUGHOUT BROOKLYN. THE FOUR PROGRAM AREAS ARE: AFFORDABLE, SUPPORTIVE HOUSING AND HOMEOWNERSHIP ; RESIDENT ENGAGEMENT, COMMUNITY ORGANIZING AND ADVOCACY; ECONOMIC DEVELOPMENT AND SMALL BUSINESS SERVICES; AND SUPPORTIVE HOUSING SOCIAL SERVICES. FORM 990, PART IV, LINE 12B: AS OF THE DATE OF FILING THE AUDIT HAS NOT YET BEEN COMPLETED. FORM 990 HAS BEEN PREPARED BASED ON THE BEST INFORMATION AVAILABLE. SHOULD INFORMATION SUBSTANTIALLY CHANGE UPON COMPLETION OF THE AUDIT, APPROPRIATE ACTION WILL BE TAKEN. FORM 990, PART VI, SECTION A, LINE 6 IMPACCT BROOKLYN IS A MEMBERSHIP ORGANIZATION WHOSE MEMBERS ELECT THE BOARD OF DIRECTORS AT OUR ANNUAL MEETING IN JUNE. THE DIRECTORS SERVE 3 YEAR TERMS WITH A MAXIMUM OF 3 TERMS. FORM 990, PART VI, SECTION A, LINE 7A MEMBERS ELECT THE BOARD OF DIRECTORS AT THE ANNUAL MEETING HELD IN JUNE EACH YEAR. FORM 990, PART VI, SECTION B, LINE 11B THE DRAFT 990 WAS DISCUSSED AND REVIEWED BY THE JOINT FINANCE AND AUDIT COMMITTEE OF THE BOARD. THE JOINT COMMITTEE RECOMMENDED APPROVAL BY THE FULL BOARD AFTER MANAGEMENT, WORKING WITH THE AUDITORS, MADE ANY FINAL NECESSARY REVISIONS. A FINAL 990 FORM WAS THEN PROVIDED TO THE FULL BOARD FOR REVIEW PRIOR TO FILING FOR COMMENT. NO ADDITIONAL COMMENTS WERE RECEIVED PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE BOARD OF DIRECTORS MUST COMPLETE A CONFLICT OF INTEREST FORM EVERY YEAR WHICH IS KEPT ON FILE. IF THERE ARE ANY INCIDENTS OF CONFLICT, THAT DIRECTOR WOULD BE RECUSED FROM VOTING ON THE MATTER. IF IT IS FOUND THAT A DIRECTOR HAS PERSONALLY BENEFITED FROM KNOWLEDGE OR RELATIONSHIPS GAINED THROUGH THEIR ROLE AS DIRECTOR, THEY WILL BE REMOVED FROM THE BOARD. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD USES COMPARABLES FOR NYS NONPROFIT ORGANIZATIONS OF SIMILAR REVENUE AND ACTIVITIES PROVIDED BY NYCON TO SET SALARY RANGES. THE PROCESS WAS CONDUCTED SUBSEQUENT TO YEAR END DURING FY 2019. FORM 990, PART VI, SECTION C, LINE 19 IMPACCT BROOKLYN'S GOVERNING DOCUMENTS (CERTIFICATE OF INCORPORATION, BY-LAWS AND DBA CERTIFICATE) ARE AVAILABLE UPON REQUEST AND ARE ON THE NYS CHARITIES BUREAU WEBSITE AND NYC'S HHS ACCELERATOR SITE. OUR AUDITED FINANCIAL STATEMENTS ARE PROVIDED UPON REQUEST TO THE PUBLIC, SENT TO ALL OF OUR FUNDERS AND POSTED ON GUIDESTAR ALL POLICIES ARE AVAILABLE UPON REQUEST AND PROVIDED TO OUR EMPLOYEES AND OUR BOARD. FORM 990, PART IX, LINE 11G CONSUTANT & CONTRACT SERVICES: PROGRAM SERVICE EXPENSES 908,281. MANAGEMENT AND GENERAL EXPENSES 344,032. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,252,313. FORM 990, PART XI, LINE 9: DISTRIBUTIONS FORM MAGNOLIA 4,500,000. 265 HAWTHORNE STREET HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 271921872 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 811 LEXINGTON HOUSING DEV FUND CORP 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 113099585 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GATEWAY 277 HOUSING DEVELOPMENT FUND CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 472319448 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GATEWAY HOUSING CORPORATION 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 113583988 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 409 GRAND AVENUE HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 201876837 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 942 KENT AVENUE HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 202646555 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 GIBB MANSION HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 821641445 HOUSING NY 501(C)(3) LINE 10 PACC INC 1 PACC HDFC 1000 DEAN STREET SUITE 420 BROOKLYN NY 11238 912105355 APARTMENT OWNER NY PACC INC C 1.00000 1 0 0 0 1 0 0 0 1 0 1 1 0 1 1 1 0 0 0 0 GIBB MANSION HDFC D 62392 FMV 811 LEXINGTON HOUSING DEV FUND CORP M 3547850 FMV