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TROUTMAN EVERGREEN HDFC

BROOKLYN, NY · EIN 113534156 · Form 990 · FY2024 · NTEE L21 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.3M
expenses
$1.5M
net assets
$-3.3M
employees
0
volunteers
6
program ratio
91%
mission · from form 990

TO OPERATE AN APARTMENT COMPLEX CONSISTING OF 81 RENTAL UNITS AND 1 SUPERINTENDENT'S UNIT, UNDER THE NATIONAL HOUSING ACT.

profile · synthesized from sources

TROUTMAN EVERGREEN HDFC is a housing corporation operating an apartment complex with 81 rental units and one superintendent's unit in Brooklyn, NY. It functions under the National Housing Act to provide affordable housing. The organization's mission centers on the management and maintenance of residential units for low- or moderate-income residents.

named programs · 1 · from sources

What they call their work

Apartment Complex Management
Operates and maintains an 81-unit rental apartment complex with one superintendent's unit in Brooklyn, NY, under the National Housing Act framework.
activities · 1 group

What they do

  • Affordable Housing Development and Management 1 activity
    • Manage affordable rental housing
      Operates an apartment complex with 81 rental units and one superintendent's unit under the National Housing Act, providing long-term affordable housing in a fixed physical location.
financials · form 990 · fy2024
revenue
Total revenue$1.32M
Contributions & grants$985K75%
Program service revenue$300K23%
Investment income$26K2%
Other revenue$5K
expenses
Total expenses$1.49M
Program expenses91%
Admin / overhead9%
Fundraising0%
Salaries & benefits$199K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$6.57M
Cash$2.03M
Investments$0
Liabilities$9.84M
Net assets$-3.27M
Liquid reserves16.4 mo
4 years on record · 2020–2024 · YoY revenue +4.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 5
NameTitleHours/wkCompensation
SCOTT SHORT CEO THRU JUNE 2024 1 $650K
KIERAN HARRINGTON CEO 1 $363K
EMILY KURTZ ASSISTANT SECRETARY 1 $317K
MARIA DEMATOS CFO 1 $256K
VISHAL CHAWLA CFO THRU MAY 2024 1 $126K
board members · 6
  • BESSIE THOMAS — DIRECTOR
  • CARMEN RAMIREZ — DIRECTOR
  • LUISA JOSE — DIRECTOR
  • MIGUEL RODRIGUEZ — DIRECTOR
  • SARAH THORNTON — DIRECTOR
  • SONIA RIVERA — SECRETARY
relationships · 1

Who they work with

  • National Housing Act Government — Operates housing program under the authority and framework of the National Housing Act.
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.