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CLINTON HOUSING DEVELOPMENT COMPANY INC

NEW YORK, NY · EIN 132851988 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$7.5M
expenses
$7.3M
net assets
$34.8M
employees
157
program ratio
80%
mission · from form 990

TO DEVELOP, MANAGE AND MAINTAIN, ON A NON-PROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW INCOME.

profile · synthesized from sources

CLINTON HOUSING DEVELOPMENT COMPANY INC is a nonprofit organization based in New York that develops, manages, and maintains affordable housing projects for low-income individuals and families. The organization focuses on providing stable, long-term housing solutions through non-profit ownership and property management. Its work is concentrated in urban areas with high housing need, particularly within New York City.

named programs · 3 · from sources

What they call their work

Affordable Housing Development
Develops new low-income housing projects through public-private partnerships and federal and state financing programs
Housing Preservation and Rehabilitation
Acquires and renovates existing buildings to preserve affordable housing stock and prevent displacement
Property Management and Resident Services
Manages day-to-day operations of housing properties and provides supportive services to residents
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$7.46M
Contributions & grants$2.34M31%
Program service revenue$4.96M67%
Investment income$116K2%
Other revenue$41K
expenses
Total expenses$7.31M
Program expenses80%
Admin / overhead20%
Fundraising0%
Salaries & benefits$2.63M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$129.25M
Cash$1.18M
Investments$0
Liabilities$94.44M
Net assets$34.82M
Liquid reserves1.9 mo
3 years on record · 2020–2024 · YoY revenue +10.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JOE RESTUCCIA EXEC. DIR. 40 $217K
board members · 8
  • ALAN GREEN — MEMBER
  • ALEXIS AUDETTE — VICE-PRESIEN
  • CARMEN MATIAS — TREASURER
  • DANIEL HENKEL — PRESIDENT
  • LUZ MONJE — MEMBER
  • PETER RIDER — SECRETARY
  • RACHELLE PEREIRA — MEMBER
  • TRAVIS RODGERS — MEMBER
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.