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NORTH STAR HOUSING INC

NEW YORK, NY · EIN 133750682 · Form 990 · FY2024 · NTEE L80Z · Housing & Shelter · Small ($100K-$1M)
revenue
$448K
expenses
$274K
net assets
$1.8M
employees
0
volunteers
3
program ratio
94%
mission · from form 990

TO PROVIDE AFFORDABLE HOUSING TO LOW-INCOME AND MODERATE-INCOME PERSONS AND PROMOTE ECONOMIC DEVELOPMENT BY PLANNING, DEVELOPING, OR MANAGING PROJECTS THAT ATTRACT COMMERCIAL AND BUSINESS DEVELOPMENT.

profile · synthesized from sources

NORTH STAR HOUSING INC is a New York-based nonprofit focused on providing affordable housing to low- and moderate-income individuals. The organization supports economic development by planning, developing, and managing real estate projects that attract commercial and business investment. Its mission centers on combining housing access with community revitalization efforts.

activities · 2 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Affordable housing development and management
      Provides affordable housing to low- and moderate-income individuals through the planning, development, and ongoing management of housing projects.
  • Business Improvement District Management 1 activity
    • Economic development through commercial project planning and management
      Engages in economic development by planning, developing, and managing projects designed to attract commercial and business development.
financials · form 990 · fy2024
revenue
Total revenue$448K
Contributions & grants$00%
Program service revenue$447K100%
Investment income$3110%
Other revenue$0
expenses
Total expenses$274K
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$6.76M
Cash$384K
Investments$0
Liabilities$4.94M
Net assets$1.82M
Liquid reserves16.8 mo
6 years on record · 2019–2024 · YoY revenue 0.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
ERIC ROSENBAUM PRESIDENT & CEO 1 $410K
STEVEN JONES TREASURER & CFO (UNTIL 7/5/25) 1 $289K
PAUL WOODY SECRETARY/CHIEF REAL ESTATE OFFICER 1 $272K
GERARD JOSEPH TREASURER & CFO (AS OF 7/18/25) 1 $138K
board members · 3
  • GAIL WEISS — TRUSTEE
  • JAMES DAVIDSON — CHAIR
  • MICHAEL DOHERTY — TRUSTEE
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.

  • Integrated Housing and Economic Development
    methodology: integrated_housing_and_economic_development
    By developing affordable housing in tandem with commercial and business initiatives, we stimulate local economic activity and create sustainable communities, because housing and economic vitality are mutually reinforcing.