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ST AGNES SENIOR CITIZEN HOUSING DEVELOPMENT FUND COMPANY INC

HICKSVILLE, NY · EIN 112965433 · Form 990 · FY2023 · NTEE L40Z · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.8M
expenses
$1.0M
net assets
$3.3M
employees
0
program ratio
83%
mission · from form 990

THE ORGANIZATION OWNS & OPERATES A SECTION 202 HUD MULTIFAMILY HOUSING PROJECT FOR THE ELDERLY.

profile · synthesized from sources

St Agnes Senior Citizen Housing Development Fund Company Inc owns and operates a HUD Section 202 multifamily housing project for elderly residents. The organization provides affordable, supportive housing specifically designed for seniors in need of accessible and low-income housing solutions. Located in Hicksville, New York, it functions as a mission-driven housing provider with a focus on long-term residential stability for older adults.

named programs · 1 · from sources

What they call their work

HUD Section 202 Supportive Housing for the Elderly
Owns and operates a federally subsidized multifamily housing project providing affordable, accessible housing units for low-income seniors in Hicksville, NY
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Owns and operates senior citizen housing
      Owns and operates a Section 202 HUD multifamily housing project providing housing for elderly individuals.
financials · form 990 · fy2023
revenue
Total revenue$1.78M
Contributions & grants$00%
Program service revenue$1.62M91%
Investment income$152K9%
Other revenue$3K
expenses
Total expenses$1.01M
Program expenses83%
Admin / overhead17%
Fundraising0%
Salaries & benefits$136K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$5.13M
Cash$96K
Investments$0
Liabilities$1.79M
Net assets$3.34M
Liquid reserves1.1 mo
5 years on record · 2019–2023 · YoY revenue +8.0%
leadership · form 990 part vii · fy2023

Who runs it

board members · 8
  • GARY CREGAN — TRUSTEE
  • JESUS VALDES — TRUSTEE
  • MARYANNE FITZGERALD — TRUSTEE
  • MICHAEL SMITH — PRESIDENT
  • RICHARD BALCOM — TREASURER
  • ROBERT J AHLSTROM JR — TRUSTEE
  • STEVEN PIETROWSKI — TRUSTEE
  • WILLIAM G CHAPIN — TRUSTEE
relationships · 1

Who they work with

  • HUD Government — Government agency overseeing the Section 202 multifamily housing project for the elderly.
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.

  • Affordable Housing for Elderly
    methodology: housing_first
    By owning and operating HUD Section 202 multifamily housing projects, we provide affordable, stable housing to elderly individuals, because access to secure and subsidized housing improves health outcomes and financial stability for low-income seniors.