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UHAB HOUSING DEVELOPMENT FUND CORPORATION
NEW YORK, NY · EIN 134188404 · Form 990 · FY2024 · NTEE L112 · Housing & Shelter · Small ($100K-$1M)
revenue
$347K
expenses
$387K
net assets
$233K
employees
0
volunteers
3
program ratio
71%
mission · from form 990

TO TAKE TITLE AND SERVE AS INTERIM OWNER AND MANAGER OF LOW-INCOME HOUSING PROJECTS PRIOR TO CONVERSION TO CO-OP GROUPS.

profile · synthesized from sources

UHAB Housing Development Fund Corporation is a New York-based nonprofit that acquires and manages low-income housing properties as an interim owner. Its primary purpose is to stabilize buildings and prepare them for conversion into resident-owned cooperatives. The organization focuses on preserving affordable housing in underserved communities through long-term stewardship and technical support.

named programs · 1 · from sources

What they call their work

Interim Ownership Program
Acquires and stabilizes vacant or distressed low-income housing buildings, serving as interim owner and manager until properties can be converted to resident-controlled cooperatives
activities · 1 group

What they do

  • Affordable Housing Development and Management 1 activity
    • Interim ownership and management of low-income housing projects
      Takes title and serves as interim owner and manager of low-income housing projects prior to their conversion into cooperative groups.
financials · form 990 · fy2024
revenue
Total revenue$347K
Contributions & grants$00%
Program service revenue$347K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$387K
Program expenses71%
Admin / overhead29%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$7.04M
Cash$275K
Investments$6.74M
Liabilities$6.81M
Net assets$233K
Liquid reserves217.8 mo
6 years on record · 2019–2024 · YoY revenue -20.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
MARGY BROWN PRESIDENT 1 $248K
ANYA IRONS COO/GENERAL COUNSEL 1 $203K
EVA BERBEGAL DIRECTOR OF FINANCE THRU 9/2024 1 $135K
MARINA METALIOS DIRECTOR 1 $95K
board members · 1
  • RICHARD HEITLER — VICE 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.