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DEVELOPMENT OUTREACH INC
NEW YORK, NY · EIN 132997764 · Form 990 · FY2024 · Small ($100K-$1M)
revenue
$462K
expenses
$435K
net assets
$-1.0M
employees
11
program ratio
22%
mission · from form 990

ACQUIRE & MANAGE HOUSING ENTERPRISES

profile · synthesized from sources

Development Outreach Inc is a New York-based nonprofit focused on acquiring and managing housing enterprises. Its mission centers on real estate development and management initiatives aimed at expanding affordable or supportive housing access. Specific programs, service populations, or geographic reach are not detailed in available public filings.

named programs · 1 · from sources

What they call their work

Housing Enterprise Management
Acquires and manages real estate properties to support affordable or supportive housing initiatives
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Acquires and manages housing enterprises
      Engages in the acquisition and management of housing enterprises as part of its operational activities.
financials · form 990 · fy2024
revenue
Total revenue$462K
Contributions & grants$199K43%
Program service revenue$00%
Investment income$2K0%
Other revenue$262K
expenses
Total expenses$435K
Program expenses22%
Admin / overhead78%
Fundraising0%
Salaries & benefits$358K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$459K
Cash$131K
Investments$0
Liabilities$1.47M
Net assets$-1.01M
Liquid reserves3.6 mo
5 years on record · 2020–2024 · YoY revenue -15.4%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
ERIC N SHAMSID-DEEN CONTROLLER 0 $123K
RASHID AHMED SECRETARY 0 $25K
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.