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HIGHBRIDGE SENIOR HDFC
BRONX, NY · EIN 134094682 · Form 990 · FY2024 · NTEE L21 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.2M
expenses
$1.7M
net assets
$-6.6M
employees
2
program ratio
94%
mission · from form 990

TO PROVIDE HOUSING FOR LOW INCOME SENIORS

profile · synthesized from sources

HIGHBRIDGE SENIOR HDFC is a housing corporation in the Bronx, New York, established to provide affordable housing for low-income seniors. The organization operates as a limited-equity housing cooperative, ensuring long-term affordability and resident stewardship. Its mission focuses exclusively on maintaining safe, stable, and income-restricted housing units for elderly residents.

named programs · 1 · from sources

What they call their work

Resident-Owned Senior Housing
Provides permanently affordable housing units to low-income seniors through a resident-controlled HDFC cooperative model
activities · 1 group

What they do

  • Elder Care Financial Support 1 activity
    • Providing affordable housing for low-income seniors
      Offers housing to low-income seniors, as reported in IRS Form 990 filings.
financials · form 990 · fy2024
revenue
Total revenue$1.23M
Contributions & grants$00%
Program service revenue$1.22M100%
Investment income$6K0%
Other revenue$0
expenses
Total expenses$1.65M
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$258K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.63M
Cash$14K
Investments$0
Liabilities$10.26M
Net assets$-6.63M
Liquid reserves0.1 mo
5 years on record · 2020–2024 · YoY revenue -1.2%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
KOBINA ARHIN SVP/CEO 1 $312K
DONNA M SMITH CFO 1 $184K
board members · 7
  • BEATRIZ DIAZ TAVERAS — DIRECTOR
  • KENNETH BROWNE — DIRECTOR
  • MSGR DONALD SAKANO — CHAIRMAN
  • REV FR JOSE R CRUZ — DIRECTOR
  • REV JOSEPH FRANCO — DIRECTOR
  • REV MARK CREGAN — TREASURER
  • ROSANNA VIERA — DIRECTOR
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.

  • Permanent Supportive Housing Model
    methodology: supportive_housing
    By providing permanent housing combined with supportive services, we produce stable living environments for low-income seniors, because housing stability is foundational to health and well-being in aging populations.