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HSVS PROPERTY FOUNDATION LTD

BROOKLYN, NY · EIN 822726570 · Form 990 · FY2024 · NTEE P11 · Human Services · Small ($100K-$1M)
revenue
$312K
expenses
$591K
net assets
$2.0M
employees
0
volunteers
3
program ratio
99%
mission · from form 990

TO HOLD TITLE TO BUILDINGS & LAND LOCATED IN NYC, FOR THE PURPOSE OF LEASING AND RENTING IN FURTHERANCE OF ST. VINCENT'S SERVICES' INC. MISSION, A CATHOLIC SOCIAL SERVICES AGENCY.

profile · synthesized from sources

HSVS Property Foundation Ltd is a New York-based nonprofit that holds title to buildings and land in New York City. It leases and rents these properties to support the mission of St. Vincent's Services Inc, a Catholic social services agency. The organization does not directly deliver services but enables them through real estate management.

named programs · 1 · from sources

What they call their work

Property Management and Leasing
Holds title to real estate in NYC and leases properties to support the operations of St. Vincent's Services Inc, furthering its social services mission.
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Holding title to and leasing real estate for a Catholic social services agency
      Holds title to buildings and land in New York City, leasing and renting them to support the mission of St. Vincent's Services' Inc., a Catholic social services agency.
financials · form 990 · fy2024
revenue
Total revenue$312K
Contributions & grants$00%
Program service revenue$312K100%
Investment income$580%
Other revenue$0
expenses
Total expenses$591K
Program expenses99%
Admin / overhead1%
Fundraising0%
Salaries & benefits$0
Grants paid out$249K
Largest expense lineFacilities
balance sheet
Total assets$5.38M
Cash$19K
Investments$0
Liabilities$3.40M
Net assets$1.98M
Liquid reserves0.4 mo
4 years on record · 2021–2024 · YoY revenue -6.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
DAWN W VALENTINE-SAFFAYEH SECRETARY / PRESIDENT & CEO - HSHS, HSVS, HEC, HSW 0 $572K
JUSTIN NARDILLA TREASURER / CFO THRU 01/2025- HSHS, HSVS, HEC, HSW 1 $485K
DEVIN L CHAPMAN SENIOR VP OF FINANCE / CFO AS OF 02/2025 - HSHS, HSVS, HEC, HSW 1 $149K
board members · 3
  • KENNETH P NOLAN ESQ — CHAIRMAN
  • MARC SIMPSON — TREASURER AS OF 04/2025
  • PAUL J TORRE — VICE CHAIR
relationships · 1

Who they work with

  • St. Vincent's Services' Inc. Partner — Holds property titles and leases real estate to support the mission of St. Vincent's Services' Inc., a Catholic social services agency.
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.