We Stay-Nos Quedamos Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
We-Stay Nos Quedamos Inc. (WSNQ) is a coalition of residents and business persons who have remained part of the Melrose Commons community and become equal partners with the City of New York in the areas redevelopment. WSNQ's intention is to guide the process of change, progress, and implementation of the housing and urban development goals we defined in the Melrose Commons Urban Renewal Plan. WSNQ views the urban renewal process as not only encompassing physical regeneration, but also addressing socio-economic and environmental conditions in the area. WSNQ's goal is to develop an economically productive, sustainable, and healthy community. This vision is one that respects, supports and involves the existing community in the formulation of plans and policies that address the issues of housing, open space, community renewal and its sustainability. This is vital for the continued growth of Melrose Commons, the Bronx and its role in the regional economy which fosters cohesion, growth, and
- Income
- $2.2 million
- Spending
- $2.2 million
- Spent on programs
- 69%
- Reserves
- 35 months of spending
- Largest source of income
- government grants, 55%
- Employees
- 26
- Volunteers
- 4
- Highest pay
- $185,557, ceo/president
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 81% of charities in its peer group (community improvement, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 35.0 months of spending.
Debt
20 of 20It owes 7% of what it owns.
Living within its means
8 of 15Spending exceeded income by 1% of income.
Income trend
15 of 15Income rose 34% on the year before.
Spending floor
15 of 1569% of spending went to programs and raising each dollar of donations cost 18 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 93 out of 100. Higher than 57% of charities in its peer group (community improvement, $1m to $10m).
Independent board
18 of 254 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (2)
- $855,173 spent. Community Development and Social Services - PROVIDE EDUCATION OF FINANCIAL ISSUES to COMMUNITY MEMBERS. SUPPORTs THE EXISTING COMMUNITY THROUGH THE TRAINING OF YOUNG PEOPLE TO BECOME PRODUCTIVE ARTISANS AND CITIZENS. The organization also provides, RECREATIONAL AND COMMERCIAL OPPORTUNITIES THAT ARE CURRENTLY NOT AVAILABLE AND TO REINFORCE THOSE opportunities THAT CURRENTLY EXIST THAT ARE DESIRABLE to the community.
- $655,177 spent. Affordable Housing Development - FOSTER COMMUNITY DEVELOPMENT AND AFFORDABLE HOUSING, INCLUDING OWNERSHIP, CONSTRUCTION, REHABILITATION, LEASING, MANAGEMENT, EQUIPPING, MAINTENANCE, DEVELOPMENT AND OPERATION OF HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME AND THE NEEDY.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 1995.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.