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INDEPENDENCE 1ST OWNER CORP

ELMONT, NY · EIN 113359068 · Form 990 · FY2024 · NTEE P80 · Human Services · Micro (<$100K)
revenue
$51K
expenses
$69K
net assets
$45K
employees
0
program ratio
100%
mission · from form 990

THE ORGANIZATION WAS FORMED TO PROVIDE LOW INCOME HOUSING TO MENTALLY AND DEVELOPMENTALLY DISABLED INDIVIDUALS WHO ARE RESIDENTS OF QUEENS AND SURROUNDING AREAS. SERVICES PROVIDED INCLUDE CLINICAL, CASE MANAGEMENT, AND FAMILY SUPPORT.

profile · synthesized from sources

INDEPENDENCE 1ST OWNER CORP is a New York-based nonprofit organization established to provide low-income housing for mentally and developmentally disabled individuals in Queens and surrounding areas. The organization supports its residents through clinical services, case management, and family support programs, focusing on long-term stability and community integration for vulnerable populations.

named programs · 2 · from sources

What they call their work

Family Support Services
Offers counseling, education, and resources to families of residents to promote long-term stability and community integration.
Low-Income Housing Program
Provides residential housing for mentally and developmentally disabled individuals with support services including clinical care and case management.
activities · 1 group

What they do

  • Residential Support for Developmental Disabilities 1 activity
    • Provides supportive housing for individuals with mental and developmental disabilities
      Operates low-income housing programs in Queens and surrounding areas for individuals with mental and developmental disabilities, combining residential support with clinical services and case management.
financials · form 990 · fy2024
revenue
Total revenue$51K
Contributions & grants$00%
Program service revenue$51K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$69K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$579K
Cash$441K
Investments$0
Liabilities$534K
Net assets$45K
Liquid reserves77.0 mo
6 years on record · 2019–2024 · YoY revenue -87.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
GILBERT LOUIS CEO 1 $609K
LINA SARAY CHIEF FINANCIAL AND HR OFFICER 1 $275K
TODD PINKUS CFO (THRU MAY 2025) 1 $245K
board members · 3
  • EILEEN BECKER — VICE PRESIDENT
  • PAUL BUFANO — TREASURER
  • SCOTT SPRINGER — PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Permanent Supportive Housing
    methodology: permanent_supportive_housing
    By providing stable housing integrated with clinical and case management services, we improve outcomes for individuals with mental and developmental disabilities because housing stability is foundational to effective treatment and long-term well-being.