activities · 2 groups
What they do
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Affordable Housing Development and Management 1 activity
- Affordable housing development and managementProvides affordable housing to low- and moderate-income individuals through the planning, development, and ongoing management of housing projects.
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Business Improvement District Management 1 activity
- Economic development through commercial project planning and managementEngages in economic development by planning, developing, and managing projects designed to attract commercial and business development.
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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
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| 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 Developmentmethodology: integrated_housing_and_economic_developmentBy 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.