named programs · 1 · from sources
What they call their work
Supportive Housing for Elderly and Disabled
Provides long-term affordable housing units with supportive services to elderly and disabled residents in the Bronx under Section 202 of the Federal Housing Act of 959
activities · 1 group
What they do
-
HUD Section 202 Senior Housing 1 activity
- Provides affordable housing to elderly and handicapped individualsOperates housing units for elderly and handicapped individuals under Section 202 of the Federal Housing Act of 1959, offering long-term affordable housing in compliance with federal regulations.
-
financials · form 990 · fy2024
revenue
Total revenue$2.01M
Contributions & grants$00%
Program service revenue$2.01M100%
Investment income$4770%
Other revenue$0
expenses
Total expenses$2.59M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$161K
Grants paid out$0
Largest expense lineOther
balance sheet
Total assets$1.40M
Cash$9K
Investments$0
Liabilities$8.81M
Net assets$-7.41M
Liquid reserves0.0 mo
6 years on record · 2019–2024 · YoY revenue +5.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 3
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| SALVATORE GIGANTE | VICE PRESIDENT | 1 | $250K |
| SONAL SHAH | CONTROLLER | 1 | $145K |
| ANGELA DAVIS FARRISH | CHIEF EXECTIVE DIRECTOR | 1 | $35K |
board members · 2
- ENRICO BOCCIA — CHAIR
- EVELYN VELAZQUEZ — TREASUREY/SECRETARY
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.
- Section 202 Affordable Housing Modelmethodology: section_202_affordable_housingBy utilizing the federal Section 202 program framework, we provide affordable housing for elderly and disabled populations because this structure enables access to subsidized, stable housing that reduces financial burden and supports long-term independence.