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NOSOTROS HOUSING DEVELOPMENT FUND CORPORATION

BRONX, NY · EIN 133701038 · Form 990 · FY2024 · NTEE L800 · Housing & Shelter · Medium ($1M-$10M)
revenue
$2.1M
expenses
$2.4M
net assets
$1.2M
employees
5
program ratio
89%
mission · from form 990

PROVIDE LOW INCOME HOUSING IN BRONX, NY

profile · synthesized from sources

Nosotros Housing Development Fund Corporation is a nonprofit organization based in the Bronx, NY, focused on providing affordable housing to low-income residents. The organization manages rental properties and offers supportive services including social, recreational, and educational programs for its tenants. It operates exclusively in the Bronx and is dedicated to long-term community stability through housing development and resident engagement.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $58K
    SERVICES PROVIDED TO NOSOTROS' TENANTS IN THE FORM OF SOCIAL, RECREATIONAL AND EDUCATIONAL PROGRAMS.
named programs · 1 · from sources

What they call their work

Tenant Support Services
Provides social, recreational, and educational programs to residents of Nosotros-managed housing units, aimed at improving quality of life and community engagement
activities · 1 group

What they do

  • Inclusive Social & Recreational Events 1 activity
    • Provides social, recreational, and educational programs for low-income tenants
      Offers social, recreational, and educational activities to residents of low-income housing in the Bronx, NY, supporting community engagement and tenant well-being.
financials · form 990 · fy2024
revenue
Total revenue$2.05M
Contributions & grants$00%
Program service revenue$2.05M100%
Investment income$8K0%
Other revenue$0
expenses
Total expenses$2.38M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$509K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.36M
Cash$279K
Investments$0
Liabilities$1.16M
Net assets$1.21M
Liquid reserves1.4 mo
4 years on record · 2020–2024 · YoY revenue +2.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
KOBINA ARHIN SVP/CEO 1 $321K
DONNA SMITH CFO 1 $197K
board members · 7
  • BEATRIZ DIAZ TAVERAS — DIRECTOR
  • JOSEPH FRANCO — DIRECTOR
  • KENNETH P BROWNE — DIRECTOR
  • MSGR DONALD SAKANO — PRESIDENT
  • REV MARK CREGAN — VICE PRESIDENT/TREASURER
  • REVFRJOSE R CRUZ — DIRECTOR
  • ROSANNA VIERA — DIRECTOR
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 Model
    methodology: permanent_supportive_housing
    By providing permanent housing combined with integrated social and educational services, we produce housing stability and improved well-being for low-income individuals, because addressing both housing and supportive needs concurrently removes barriers to self-sufficiency and long-term success.