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SPRINGBROOK APARTMENTS INC

LIVERPOOL, NY · EIN 161006160 · Form 990 · FY2023 · NTEE L210 · Housing & Shelter · Small ($100K-$1M)
revenue
$748K
expenses
$812K
net assets
$2.4M
employees
3
program ratio
73%
mission · from form 990

HOUSING PROJECT FOR THE ELDERLY

profile · synthesized from sources

Springbrook Apartments Inc is a nonprofit organization based in Liverpool, NY, providing affordable housing for elderly individuals. The organization operates as a housing project specifically designed to serve the needs of older adults, likely through subsidized or supportive housing units. Its mission centers on offering stable residential accommodations tailored to seniors.

named programs · 1 · from sources

What they call their work

Elderly Housing Project
Provides affordable, accessible housing units for elderly residents in Liverpool, NY, potentially with supportive services or rent assistance tied to income
activities · 1 group

What they do

  • Elder Care Financial Support 1 activity
    • Housing for elderly individuals
      Provides housing services specifically for elderly individuals, as reported in IRS Form 990 filings.
financials · form 990 · fy2023
revenue
Total revenue$748K
Contributions & grants$00%
Program service revenue$730K98%
Investment income$18K2%
Other revenue$0
expenses
Total expenses$812K
Program expenses73%
Admin / overhead27%
Fundraising0%
Salaries & benefits$80K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.54M
Cash$845K
Investments$0
Liabilities$92K
Net assets$2.45M
Liquid reserves12.5 mo
3 years on record · 2020–2023 · YoY revenue +11.6%
leadership · form 990 part vii · fy2023

Who runs it

board members · 12
  • CARL FALK — DIRECTOR
  • DONNA SWITZER — TREASURER
  • ELAINE DELANEY — 2ND VICE PRESIDENT
  • FRANK GIACHETTI — DIRECTOR
  • JACK JENNINGS — DIRECTOR
  • JAN TIGHE — DIRECTOR
  • KATHY ALLEN — RECORDING SECRETARY
  • MARK PALMER — PRESIDENT
  • MARTIN SWITZER — 1ST VICE PRESIDENT
  • NANCY LICHTENSTEIN — CORP SECRETARY
  • NANCY SMITH — DIRECTOR
  • PAUL WILSON — DIRECTOR