activities · 1 group
What they do
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Affordable Housing Development and Management 1 activity
- Operating as a not-for-profit housing development corporationEngages in housing development activities through a not-for-profit corporate structure, focused on creating or preserving affordable housing units.
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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
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| 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.