When we opened our doors in the Bronx over twelve years ago, we did it with Ariva, a community-based, nonprofit organization. We have been on this journey together. Not only do we share headquarters at our Bronx offices on 167th street, but we also share a mission to strengthen financial stability and expand the financial inclusion of New Yorkers.
Ariva provides free tax preparation and free financial counseling to low-income residents of New York City. In December, Ariva received one of eight designations from the Department of Consumer Affair’s Office of Financial Empowerment as a New York City Financial Empowerment Center—one of two in the Bronx—and we are, of course, excited to share this news.
“As a New York City Financial Empowerment Center, we can extend our reach and better serve our clients. It also adds a new dimension to our work and the impact we make,” says Irene Baldwin, Executive Director of Ariva.
Since 2003, Ariva has prepared free tax returns for over 100,000 clients, returning more than $150 million in total refunds. Returns vary in dollar amount, and many of Ariva’s clients return year after year. They often count on their tax return to support their annual household income. Eighty-eight percent of Ariva’s clients earn less than $30,000 annually; Ariva knows that even a small refund can prevent one of their clients from using predatory financial services and can help a family start saving.
\Witnessing families gain confidence in their financial knowledge, make more informed financial decisions, and increase their financial security are a few of the reasons Ariva’s hardworking staff and committed volunteers know their work matters. We are proud to host one of their year-round tax preparation sites and one of their financial counselors in our branch. For Irene, the host matters:
“Spring Bank is the perfect host. We share values and mission. As one of the only banks in the neighborhood, people come to the Bronx branch for their financial needs. We provide complimentary services and offerings and refer clients to each other“.
Ariva’s services are available to all. Their winter hours for their free tax preparation program are (69 E. 167th Street)
- Mondays, Tuesdays, and Thursdays: 4 to 7:30 pm
- Wednesdays: 12 to 7 pm
- Saturdays: 10 am to 4 pm
The hours for free one-on-one counseling are: (until April 30th)
- Mondays, Tuesdays, Wednesdays & Thursdays: 11 am to 7:00 pm
- Fridays: 2 to 5 pm
- Saturdays: 9 am to 5 pm
Clients are invited to walk-in, and no appointments are needed. Read this checklist to make sure you bring the proper paperwork before arriving. For more information about Ariva’s mission, services and locations across New York City, visit www.ariva.org