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DUPONT STREET SENIOR HDFC
BROOKLYN, NY · EIN 113068504 · Form 990 · FY2025 · Medium ($1M-$10M)
revenue
$1.9M
expenses
$1.6M
net assets
$-5.3M
employees
5
program ratio
93%
mission · from form 990

LOW INCOME HOUSING RENTAL

profile · synthesized from sources

DUPONT STREET SENIOR HDFC is a housing cooperative in Brooklyn, New York, providing affordable rental housing for low-income residents. The organization operates as a Housing Development Fund Corporation (HDFC), a type of limited-equity cooperative established under New York State law to preserve long-term affordability. Its primary activity is managing and maintaining residential units for income-qualified tenants.

named programs · 1 · from sources

What they call their work

Low-Income Rental Housing
Provides permanently affordable housing units to income-qualified senior and low-income tenants in Brooklyn, NY under HDFC bylaws and regulatory agreements
activities · 1 group

What they do

financials · form 990 · fy2025
revenue
Total revenue$1.86M
Contributions & grants$00%
Program service revenue$1.85M100%
Investment income$8K0%
Other revenue$0
expenses
Total expenses$1.55M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$275K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.16M
Cash$1.03M
Investments$0
Liabilities$8.46M
Net assets$-5.29M
Liquid reserves8.0 mo
5 years on record · 2020–2025 · YoY revenue +53.9%
leadership · form 990 part vii · fy2025

Who runs it

board members · 1
  • RICHARD MAZUR — PRESIDENT
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.

  • Affordable Housing for Stability
    methodology: affordable_housing
    By providing affordable rental housing to low-income residents, we promote stable and long-term tenancy because reducing housing cost burden decreases displacement risk and supports community rootedness.