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A MALCOLM HOUSING DEVELOPMENT FUND CORPORATION
Bronx, NY · EIN 260117259 · Form 990 · FY2025 · NTEE L21 · Housing & Shelter · Small ($100K-$1M)
revenue
$803K
expenses
$900K
net assets
$-1.2M
employees
3
program ratio
100%
mission · from form 990

PROVIDE HUD SECTION 202 HOUSING TO THE ELDERLY AND DISABLED

profile · synthesized from sources

A MALCOLM HOUSING DEVELOPMENT FUND CORPORATION provides affordable housing for elderly and disabled individuals in New York. The organization operates under HUD Section 202, a federal program supporting supportive housing for low-income seniors and people with disabilities. Its mission focuses exclusively on developing and managing specialized housing units for these populations.

named programs · 1 · from sources

What they call their work

HUD Section 202 Housing
Development and management of affordable, supportive housing units for low-income elderly and disabled individuals in the Bronx, NY
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Provides HUD Section 202 supportive housing
      Operates housing units under HUD Section 202 for elderly and disabled individuals, providing affordable and supportive living environments.
financials · form 990 · fy2025
revenue
Total revenue$803K
Contributions & grants$00%
Program service revenue$803K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$900K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$94K
Grants paid out$0
Largest expense lineOther
balance sheet
Total assets$4.34M
Cash$694K
Investments$0
Liabilities$5.49M
Net assets$-1.16M
Liquid reserves9.3 mo
6 years on record · 2020–2025 · YoY revenue +12.4%
leadership · form 990 part vii · fy2025

Who runs it

board members · 1
  • CYNTHIA SHAW — SECRETARY
relationships · 1

Who they work with

  • U.S. Department of Housing and Urban Development Government — Receives funding and operates under the HUD Section 202 program for housing the elderly and disabled.
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.

  • Supportive Housing Model
    methodology: supportive_housing
    By providing subsidized housing combined with support services, we improve stability and well-being for elderly and disabled populations because addressing housing insecurity reduces stress and enables access to care.