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MANHATTAN VALLEY DEVELOPMENT CORPORATION
NEW YORK, NY · EIN 132628511 · Form 990 · FY2024 · NTEE S200 · Community Improvement · Small ($100K-$1M)
revenue
$403K
expenses
$528K
net assets
$177K
employees
5
program ratio
88%
mission · from form 990

TO PROVIDE NEIGHBORHOOD PLANNING, PRESERVATION, AND DEVELOPMENT IN THE UPPER WEST SIDE OF MANHATTAN, KNOW AS MANHATTAN VALLEY.

profile · synthesized from sources

Manhattan Valley Development Corporation focuses on neighborhood planning, preservation, and development in the Upper West Side of Manhattan, specifically the Manhattan Valley area. The organization works to develop and preserve affordable housing by planning initiatives, engaging community stakeholders, and implementing housing projects. It operates primarily through direct project management and community collaboration.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $180K
    NEIGHBORHOOD PLANNING AND PRESERVATION (NPP) - PRELIMINARY PHASE OF HOUSINGDEVELOPMENT: PREPARATION, IDENTIFICATION, PLANNING AND EXPLORATION OF ALLPOTENTIAL PROGRAMS TO BE PUT INTO EFFECT IN MANHATTAN VALLEY. INTERFACEWITH OTHER COMMUNITY INTERESTS, SPONSORS, BLOCK ASSOCIATIONS, LANDLORDSAND TENANTS FOR THE PURPOSE OF DEVELOPING, PRESERVING AND FINANCING LOW-INCOME HOUSING.
  2. #2 $53K
    NEIGHBORHOOD DEVELOMENT - IMPLEMENTATION OF ALL APPROVED PLANNING IDEASDEVELOPMENT THROUGH THE NPP PROGRAM, INCLUDING HEARINGS FOR APPROVAL BY THECOMMUNITY BOARD, IDENTIFICATION OF FINANCING, TOOLS, SUBSIDIES, GRANTS,LOANS, ETC., SELECTION OF DEVELOPMENT TEAM, ARCHITECT, ATTORNEY, ETC.
named programs · 3 · from sources

What they call their work

58 West 109th Street Housing
Provides moderate-income housing units to individuals in the Manhattan Valley community.
Neighborhood Development - Implementation
Executes approved planning initiatives through community board hearings, securing financing, and assembling development teams including architects and legal counsel.
Neighborhood Planning and Preservation (NPP)
Conducts preliminary planning for housing development in Manhattan Valley, including identifying programs, engaging landlords, tenants, and community groups, and exploring financing for low-income housing.
activities · 3 groups

What they do

  • Neighborhood Civic Engagement 1 activity
    • Implementation of neighborhood development plans
      Implements approved neighborhood development plans through the NPP program by organizing community board hearings, securing financing and subsidies, and selecting development professionals such as architects and attorneys.
  • Neighborhood Revitalization Initiatives 1 activity
    • Neighborhood planning and preservation for low-income housing
      Conducts neighborhood planning and preservation activities in Manhattan Valley to identify and develop low-income housing opportunities through community engagement with block associations, landlords, and tenants.
  • Affordable Housing Development and Management 1 activity
    • Provides housing to moderate-income individuals
      Operates affordable housing at 58 West 109th Street in Manhattan Valley, providing housing units to moderate-income individuals.
financials · form 990 · fy2024
revenue
Total revenue$403K
Contributions & grants$132K33%
Program service revenue$271K67%
Investment income$00%
Other revenue$0
expenses
Total expenses$528K
Program expenses88%
Admin / overhead12%
Fundraising0%
Salaries & benefits$213K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$1.59M
Cash$72K
Investments$0
Liabilities$1.42M
Net assets$177K
Liquid reserves1.6 mo
5 years on record · 2019–2024 · YoY revenue -23.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ROBIN P BAEZ Secretary 25 $130K
IRIS N SANTANA Director 1 $30K
board members · 5
  • JOHN P DUFFELL — President
  • LEELA FLORINO — Director
  • LISA LEE — Director
  • PAIGE CHEN — Director
  • SANDRA B POWERS — Treasurer
relationships · 1

Who they work with

  • Community Board Partner — Engages with the Community Board through hearings and approval processes for neighborhood development initiatives.
strategies · 2

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.

  • Community-Driven Planning
    methodology: community-driven_planning
    By engaging block associations, landlords, tenants, and sponsors in planning, we identify and develop low-income housing opportunities because inclusive collaboration leads to stronger, more sustainable housing preservation and development outcomes.
  • Structured Implementation Model
    methodology: structured_implementation_model
    By integrating community board approvals, public hearings, and coordinated access to financing and professional services, we advance housing development because formalized civic and financial processes improve the sustainability and accountability of neighborhood development initiatives.