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YORKVILLE GARDENS HOUSING DEVELOPMENT FUND CO INC
NEW YORK, NY · EIN 133085054 · Form 990 · FY2024 · NTEE L22Z · Housing & Shelter · Medium ($1M-$10M)
revenue
$5.6M
expenses
$8.2M
net assets
$213K
employees
10
volunteers
4
program ratio
93%
mission · from form 990

PROVIDE 131 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED ON EAST 93RD STREET, BROWN GARDENS OFFERS SOCIAL AND RECREATIONAL SERVICES. FORTY SIX (46) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.

profile · synthesized from sources

Provides 131 units of subsidized, low-income housing for senior citizens in New York City. Located on East 93rd Street, the property offers social and recreational services to residents. Forty-six tenants participate in the Enriched Housing Program, which includes special assistance and food service.

named programs · 1 · from sources

What they call their work

Enriched Housing Program
Provides special assistance and food service to 46 low-income senior residents requiring supportive services
activities · 2 groups

What they do

  • Low-Income Senior Housing Operations 1 activity
    • Operation of subsidized housing for senior citizens
      Provides 131 units of subsidized, low-income housing for senior citizens, including social and recreational services.
  • Home-Delivered Meals for Seniors and Homebound 1 activity
    • Provision of special assistance and food services to seniors with additional needs
      Provides special assistance and food service to 46 enriched housing program residents who are senior citizens with additional needs.
financials · form 990 · fy2024
revenue
Total revenue$5.62M
Contributions & grants$4.54M81%
Program service revenue$428K8%
Investment income$646K11%
Other revenue$6K
expenses
Total expenses$8.15M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$661K
Grants paid out$2.50M
Largest expense lineFacilities
balance sheet
Total assets$37.24M
Cash$27.52M
Investments$0
Liabilities$37.03M
Net assets$213K
Liquid reserves40.5 mo
6 years on record · 2019–2024 · YoY revenue +16.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
LINDA R HOFFMAN CHIEF EXECUTIVE OFFICER 1 $821K
ROLANDO A BLANCO CHIEF FINANCIAL OFFICER 1 $365K
board members · 4
  • ANN VAN NESS — BOARD MEMBER
  • ELIZABETH R TOZER — VICE PRESIDENT
  • JOAN FINKLESTEN — EXEC. SECRETARY/TREASURER
  • WILLIAM N HUBBARD IV — 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.

  • Housing-First with Integrated Support Services
    methodology: housing_first
    By providing subsidized senior housing combined with on-site social and supportive services, we improve outcomes for low-income elderly residents because stable housing and accessible care address both immediate and long-term needs simultaneously.