Annual Report

Our yearly rundown of our achievements and financial disclosures.

HSNY’s original mission was to end homelessness. It still is.

The events of 2021 made an impact on how HSNY operates everything. HSNY remained committed to its mission.

Because of the changes instituted by new management, the partnered oversight provided and the professionalization of the organization, HSNY has developed the infrastructure to further support our cause.

To that end - each team member was charged to redefine the organization and move it ahead.

HR Check In Crew annual report
Man Smiling annual report
Group of three people annual report
Seth Muraskin CEO quote
Dr. Xellex Rivera Chief Program Officer qoute

Shelters Under DHS

Ramp up – staffing programs:

Shelters Under DHS
0

Current number of sites

BPHN operates:

Shelters Under DHS
12

Families with Children Shelters

Shelters Under DHS
2

Adult Family Shelters

Shelters Under DHS
2

Single Adult Shelters

Persons served annually

0

(in CY ’22 across all programs and sites)

Number of Clients

1731

Number of Clients

559

Number of Clients

163

Number of Asylum seekers

568

Emergency Housing Program (EHP)– under HRA

HSNY’s EHP collaborated with HRA to serve the city’s unhoused population with HIV.

Emergency Housing Program (EHP)– under HRA

Clients served in 2022

1,389

In September 2022, Housing Solutions of New York (HSNY) began providing light touch social services for HASA clients living in HRA funded Emergency  Housing units.

HSNY has collaborated with the HRA case management team to increase the number of HRA 2010e applications to connect clients to permanent supportive housing. The data shows that the implementation of the HSNY Light Touch Social Service Program has had a significant positive impact on the documentation needed to submit HRA applications.

Emergency Housing Program (EHP)– under HRA

On a monthly basis HSNY Care Coordinators are engaging HASA clients and developing working relationships. Assessments have resulted in increasing the number of health and wellness referrals provided to clients residing in HASA EHP units. There has been a total of 31 referrals for mental health and medical health services.

HSNY staff has obtained and submitted a total of 170 CHAT Consent forms needed for HRA to submit the 2010e housing applications. The total number of HRA 2010e applications completed is pending as HRA is working towards identifying a CHAT Liaison.

The impact of the HSNY Light Touch Social Services Program is evident in the total number of clients that are linked and have moved into independent housing. There have been a total 63 clients linked (accepted and move pending) or moved to permanent housing:

Clients served at DSP Sites:

During CY ‘22

0

(Direct Services began 9/22)

During CY ‘23

0

Housing placements

thus far in CY ‘23

54

Entire EHP Portfolio

at end of CY ‘2022

660

thus far in CY ’23

679

Units Revised To Exclude Offline/Egress Units

333

at Non-DSP Sites

327

at DSP Sites (active)

309

at Non-DSP Sites

370

at Non-DSP Sites

Emergency Housing Program (EHP)– under HRA building icon

Through this relationship HSNY Care Coordinators have successfully conducted:

41

142

72
16

Comprehensive Assessments

Housing Focused Service Plans

Housing Focused Psychosocial Assessments

Psychiatric Evaluations

10
30
19
4

Clients Linked to Supportive Housing

Clients Linked to Independent Housing

Move Outs to Independent Housing

Move Outs to Supportive Housing Programs

Grant Programs

HSNY’s mission is to support all New Yorkers break the cycle of poverty and homelessness. In addition to shelter services, HSNY offers people-centered, high quality and cost-effective care coordination services that promote stability, autonomy, and dignity.

Grant Programs quote
Food & Nutrition Services

The Ryan White Food & Nutrition Services (FNS)

0

FNS clients in CY ‘22

HSNY’s Medicaid Redesign Team (MRT) Supportive Housing Program

15

MRT participants in CY ‘22

2

Clients transitioned to independent living (Dec 21 & Dec 22)

HSNY-2024-Website-re-skin-C2C-Building-Resilience-in-Youth

Connections to Care: Building Resilience in Youth (C2C: BRY)

was developed to strengthen community capacity by addressing the mental health needs of youth ages 13-21 from neighborhoods facing the greatest health and socioeconomic inequities in New York City.

HSNY’s Youth Works Plus Program

15 Youth Works Plus program participants in CY ‘22:

12

Finished the program.

0

Working in construction and got his OSHA license.

5

Graduated High School this past year at a school with a 37% graduation rate. 2 of these 5 are currently in college.

6

Currently either Juniors or Seniors in High School.

Financials

HSNY has seen tremendous growth under new leadership and direction. HSNY’s revenue has grown by $40M compared to FY22. The agency operated at a surplus of $568k for FY23. FY22 ended with $71M in revenue which has increased to $111M in FY23 driven by HSNY’s expansion with five new hotels and a new youth resilience program. HSNY’s Net Assets Without Donor Restrictions have trended positively from a loss in prior years.

+$ 40 M

Revenue vs FY22

Financials $111M Revenue in FY23 img
$ 568 k

Revenue vs FY23

Looking ahead for FY24, we anticipate running at a surplus of $384k and revenue is expected to grow to $146M.

Financial Summary

In thousands ($000s)

FY23 Budget

FY23 Actual

YOY Variance $

YOY Variance %

Total Revenue

$ 125,106

$ 111,181

$ (13,925)

-11%

Personnel Services

36,446

24,534

(11,912)

-33%

OTPS

88,642

85,899

(2,743)

-3%

Total Expenses

$ 125,088

$ 110,433

(14,655)

-12%

Operating Surplus

18

748

730

Depreciation & Amortization

18

180

162

Net Surplus

$ 0

$ 568

$ 568

HSNY has a $568K adjusted net surplus

Total revenues shortfall is $13.9M mainly driven by underspending on EHP, Commercial Hotels, FWC Hotels and Youth Resilience

Total expense savings of $14.6M is due to Personnel vacancies and underspending on OTPS is due to underspending on EHP and hotels starting late

Financial Summary 125M Revenue Budgeted
Financial Summary 125M Expenses Budgeted
Financial Summary 110M Expenses Actual

Year over Year Change in Net Assets Without Donor Restrictions

In thousands ($000s)

FY20

FY21

FY22

FY23

Change in Net Assets without Donor Restrictions

$ (665)

$ (696)

$ 7

$ 568

Currently, HSNY is seeking private fundraising in a campaign to increase their outreach work, to serve more New Yorkers who are in danger of slipping through the cracks with the goal of finding them permanent housing.

Year over Year Change in Net Assets Without Donor Restrictions 568 FY23
Year over Year Change in Net Assets Without Donor Restrictions 7 FY22

$700M

$0

Year over Year Change in Net Assets Without Donor Restrictions 665 FY20
Year over Year Change in Net Assets Without Donor Restrictions 696 FY21

$(700M)