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POTSDAM SANDSTONE SENIOR CITIZENS CLUB INC MIDTOWN APARTMENTS
POTSDAM, NY · EIN 222234084 · Form 990 · FY2024 · Small ($100K-$1M) · potsdamhousingauthority.com
revenue
$691K
expenses
$729K
net assets
$2.6M
employees
0
program ratio
75%
mission · from form 990

TO PROVIDE SUBSIDIZED HOUSING FOR ELIGIBLE SENIOR CITIZENS & DISABLED PERSONS 18 YEARS OF AGE AND OLDER.

profile · synthesized from sources

Provides subsidized housing for low-income seniors and disabled individuals in Potsdam, NY. Operates two residential properties—Midtown Apartments and Evergreen Park—offering income-based rent and utility-inclusive units. Properties are located in central and uptown Potsdam, with access to public transit and community services.

named programs · 3 · from sources

What they call their work

Evergreen Park
Townhouse-style family housing with one- to four-bedroom units; rents include heat, electricity, water, sewer, parking, and trash removal; serves low-income households
LOFT Living Portal
Online tenant portal for rent payments, work order submissions, contact updates, and document uploads; streamlines resident engagement and property management
Midtown Apartments
High-rise apartment building offering one-bedroom, income-based units for seniors and disabled individuals; includes community spaces and utility allowances for electricity
activities · 4 groups

What they do

  • Tenant Legal Advocacy & Support Services 2 activities
    • Accepts in-person rent payments
      Allows residents to pay rent in person at the office using cash or check as a standard service option.
    • Provides digital resident services via online portal and app
      Offers residents access to the LOFT Living portal and app for online registration, rent payment, submission of non-emergency maintenance requests, communication with management, and self-updating of personal information such as emergency contacts, vehicles, and pet details.
  • Affordable Housing Development and Management 2 activities
    • Manages housing waitlist and tenant selection
      Maintains and administers a waiting list for all apartment types at Evergreen Park and other properties, filling vacancies on a first-come, first-served basis with priority given to extremely low-income households for up to 40% of openings.
    • Provides subsidized senior and disability-inclusive housing
      Operates affordable, income-based rental housing for seniors and individuals with disabilities, with rents set at approximately 30% of adjusted household income and utilities (heat, electricity, water, sewer, parking, and trash removal) included. Properties include high-rise and family housing units in Potsdam, NY, such as at 28 Munson Street and 100 Racquette Road.
  • Student and Camp Transportation Services 1 activity
    • Facilitates access to public transportation for residents
      Ensures residents have access to public transportation through inclusion in the Potsdam Bears and Clarkson Shuttle bus routes.
  • Community Space Provision 1 activity
    • Provides community spaces and outdoor seating for tenants
      Maintains large community spaces on the first floor and outdoor seating areas at its housing complexes for resident use and social engagement.
financials · form 990 · fy2024
revenue
Total revenue$691K
Contributions & grants$00%
Program service revenue$678K98%
Investment income$5340%
Other revenue$12K
expenses
Total expenses$729K
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$3.89M
Cash$1.56M
Investments$0
Liabilities$1.25M
Net assets$2.63M
Liquid reserves25.6 mo
4 years on record · 2020–2024 · YoY revenue +6.4%
leadership · form 990 part vii · fy2024

Who runs it

board members · 10
  • CANDY WRIGHT — DIRECTOR
  • CATHY CORRICE — DIRECTOR
  • GAIL BISONETTE — ASST. SECRETARY
  • KAY DEPERNO — DIRECTOR
  • LINDA WILKINSON — PRESIDENT
  • NANCY MATTHEWS — SECRETARY
  • PAT IRWIN — DIRECTOR
  • TERRI ROSSI — ASST. TREASURER
  • TINA PECK — VICE PRESIDENT
  • VIVIAN SHERMAN — TREASURER
relationships · 11

Who they work with

  • HUD Government — Administers protections under the Violence Against Women Act (VAWA) for housing applicants and tenants.
  • Helping Hands of Potsdam Partner — Lists Helping Hands of Potsdam as a faith-based nonprofit partner serving the local community.
  • MILC Partner — Lists MILC as a resource partner for disability services and independent living support.
  • New York State Government — Participant in the New York State Low-Income Housing Tax Credit Program.
  • Office for the Aging Government — Lists St Lawrence County Office for the Aging as a government-affiliated partner providing services and advocacy for residents 60+.
  • Potsdam Housing Authority Government — Administers Midtown Apartments through a federal funding program and conducts applicant screening in accordance with federal guidelines.
  • Potsdam Housing Authority Government — Manages Midtown Apartments as a housing provider.
  • Potsdam Neighborhood Center Partner — Lists Potsdam Neighborhood Center as a partner organization providing services to low-income families.
  • RealPage Partner — Provides the LOFT Living platform and app used for resident services and online payments.
  • Renewal House Partner — Lists Renewal House as a resource partner for domestic violence and sexual assault services.
  • SLCNY Public Transit Partner — Coordinates public transit access for residents through inclusion in local bus routes.
strategies · 4

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.

  • Design for Resident Comfort and Autonomy
    methodology: design-for-resident-comfort
    By designing townhouse-style units with separate living/entertaining spaces and personal outdoor patios, and by allowing tenant control over heating and electricity, the organization enhances quality of life because physical autonomy and private access to outdoor space support dignity and well-being in senior housing.
  • Financial Simplicity Through Inclusive Rent Model
    methodology: full-utilities-included-housing
    By including utilities in income-based rent payments, the organization reduces financial and logistical burdens on residents because bundled costs simplify budgeting and prevent utility-related stress for low-income seniors.
  • Income-Restricted Housing with Federally Compliant Screening
    methodology: income_restricted_housing
    By using federal and state income eligibility requirements to screen tenants, the organization ensures affordable housing is targeted to low-income seniors, because compliance with programs like the New York State Low-Income Housing Tax Credit guarantees long-term affordability and equitable access.
  • Location-Based Accessibility and Tranquility Balance
    methodology: location_balancing_accessibility_and_tranquility
    By siting housing in downtown areas near urban amenities while maintaining a quiet, secluded environment, the organization supports resident independence and engagement because proximity to services increases accessibility while a peaceful setting promotes health and well-being.