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KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY INC

NEW YORK, NY · EIN 134078893 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.0M
expenses
$1.2M
net assets
$-865K
employees
0
volunteers
5
program ratio
94%
mission · from form 990

OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.

profile · synthesized from sources

KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY INC is a New York-based nonprofit focused on housing and shelter services for older adults. The organization aims to enhance well-being and purpose among seniors through innovative health care services. Though specific programs are not detailed in available filings, its mission centers on supportive housing and health care delivery.

named programs · 1 · from sources

What they call their work

Innovative Health Care Services
Portfolio of health care services designed to support older adults in housing settings, aimed at enhancing well-being and purpose
activities · 1 group

What they do

  • Elder Care Financial Support 1 activity
    • Providing innovative health care services for older adults
      Delivers health care services designed to empower older adults and enhance their purpose and well-being.
financials · form 990 · fy2024
revenue
Total revenue$1.00M
Contributions & grants$00%
Program service revenue$962K96%
Investment income$43K4%
Other revenue$36
expenses
Total expenses$1.24M
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$7.19M
Cash$109K
Investments$0
Liabilities$8.06M
Net assets$-865K
Liquid reserves1.1 mo
4 years on record · 2020–2024 · YoY revenue +7.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
JEFFREY FARBER MD PRESIDENT AND CEO 0 $1.12M
MARK WEISS CFO 0 $569K
board members · 5
  • ALAN ALTSCHULER — TREASURER
  • ARAN RON MD — VICE-CHAIR
  • LISA FEINER — SECRETARY
  • PETER HESS — DIRECTOR
  • WILLIAM BLUMSTEIN — CHAIR
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.

  • Innovative Healthcare for Aging Population
    methodology: innovative_healthcare_for_aging_population
    By delivering innovative healthcare services tailored to older adults, we improve their well-being and quality of life because such care empowers them and connects health outcomes to a greater sense of purpose.