named programs · 1 · from sources
What they call their work
Development of Affordable Housing Sites
Acquires, develops, and manages affordable housing properties to increase homeownership opportunities for low-income residents in New York City.
activities · 1 group
What they do
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Community Foundation & United Way Support 1 activity
- Funding general operations of Housing Partnership Development CorporationFunds the general operations of its partner organization, Housing Partnership Development Corporation.
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financials · form 990 · fy2024
revenue
Total revenue$67K
Contributions & grants$55K82%
Program service revenue$12K18%
Investment income$00%
Other revenue$0
expenses
Total expenses$493K
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$0
Grants paid out$305K
Largest expense lineProfessional Fees
balance sheet
Total assets$6.48M
Cash$5.95M
Investments$532K
Liabilities$336K
Net assets$6.14M
Liquid reserves157.7 mo
3 years on record · 2020–2024 · YoY revenue -51.6%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 6
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| JAMIE SMARR | PRESIDENT & CEO | 1 | $444K |
| THERESA OMANSKY | SECRETARY | 1 | $306K |
| ADAM GOLD | TREASURER | 1 | $264K |
| DEBBRA MCALLISTER | VICE PRESIDENT | 1 | $161K |
| NADJA ALVARADO | VICE PRESIDENT | 1 | $158K |
| SHELIA MARTIN | VICE PRESIDENT & COO THRU JAN. 2024 | 1 | $70K |
board members · 1
- JIM HEDDEN — CHAIR
relationships · 1
Who they work with
- Housing Partnership Development Corporation Partner — Recipient of general operating support grant.
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.
- Affordable Housing Developmentmethodology: affordable-housing-developmentBy developing affordable housing sites and fostering homeownership, the organization increases access to stable housing, because creating dedicated affordable units directly addresses supply shortages and economic barriers to housing security.