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4-12 Gouverneur Place Housing Development Fund Corporation

Yonkers, NY · EIN 273437725 · Form 990 · FY2024 · NTEE L24 · Housing & Shelter · Small ($100K-$1M)
revenue
$756K
expenses
$291K
net assets
$4.0M
employees
0
program ratio
100%
mission · from form 990

ENABLING AND FACILITATING THE DEVELOPMENT OF A 50 UNIT AFFORDABLE/MENTAL HEALTH MIXED USING HOUSING PROJECT IN THE BRONX.

profile · synthesized from sources

Nonprofit housing developer focused on creating affordable and supportive housing in the Bronx, New York. The organization is dedicated to a 50-unit mixed-use project that integrates affordable living units with mental health supportive services. Works to enable and facilitate the development of community-based housing solutions for low-income and vulnerable populations.

named programs · 1 · from sources

What they call their work

4-12 Gouverneur Place Mixed-Use Affordable Housing Project
Development of a 50-unit affordable housing building in the Bronx with integrated mental health supportive services for residents.
activities · 1 group

What they do

  • Supportive Housing for Mental Illness 1 activity
    • Development of affordable housing with integrated mental health support services
      Developed a 50-unit affordable housing project in the Bronx that includes mental health support services, combining housing and supportive care for vulnerable populations.
financials · form 990 · fy2024
revenue
Total revenue$756K
Contributions & grants$726K96%
Program service revenue$00%
Investment income$29K4%
Other revenue$0
expenses
Total expenses$291K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineProfessional Fees
balance sheet
Total assets$12.06M
Cash$0
Investments$0
Liabilities$8.02M
Net assets$4.04M
Liquid reserves0.0 mo
5 years on record · 2020–2024 · YoY revenue 0.0%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
RICHARD NIGHTINGALE PRESIDENT/CEO 35 $535K
JAMES COUGHLIN SECRETARY/TREASURER 35 $418K
andrew germansky Sr. VP of Real Estate 35 $386K
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.

  • Supportive Housing Model
    methodology: supportive_housing
    By combining affordable housing with integrated mental health services, we produce greater housing stability and improved behavioral health outcomes because addressing both housing and mental health concurrently removes structural and psychological barriers to well-being.