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THREE ARTS CLUB HOUSING DEVELOPMENT FUND COMPANY INC

NEW YORK, NY · EIN 815151097 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Micro (<$100K)
revenue
$10K
expenses
$2.2M
net assets
$-16.5M
employees
0
volunteers
1
program ratio
100%
mission · from form 990

A NOT-FOR-PROFIT HOUSING DEVELOPMENT CORPORATION (CONTINUED ON SCHEDULE O)

profile · synthesized from sources

Not-for-profit housing development corporation based in New York. Focused on housing and shelter services, consistent with its NTEE classification. Specific programs, activities, and operational details are not available in the provided data.

activities · 1 group

What they do

  • Affordable Housing Development and Management 1 activity
    • Operating as a not-for-profit housing development corporation
      Engages in housing development activities through a not-for-profit corporate structure, focused on creating or preserving affordable housing units.
financials · form 990 · fy2024
revenue
Total revenue$10K
Contributions & grants$00%
Program service revenue$10K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$2.23M
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$30K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$40.18M
Cash$67K
Investments$0
Liabilities$56.66M
Net assets$-16.48M
Liquid reserves0.4 mo
6 years on record · 2019–2024 · YoY revenue -23.5%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
PAUL R FREITAG VICE PRESIDENT 1 $301K
CLAIRE HILGER COO/ASSIST SECRETARY 1 $217K
DANIEL J DROSIN ASST. VP/FACILITIES MGR (OUTGOING) 1 $178K
DEEPAK BUTANI CFO/TREASURER 1 $113K
board members · 1
  • SHELDON J FINE — PRESIDENT
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.