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RIVER VIEW GARDENS HOUSING DEVELOPMENT FUND COMPANY INC

NEW YORK, NY · EIN 133995933 · Form 990 · FY2024 · NTEE L20 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.5M
expenses
$1.9M
net assets
$-3.6M
employees
9
volunteers
7
program ratio
84%
mission · from form 990

PROVIDES 80 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED AT HUNTERS POINT IN QUEENS, IT 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

RIVER VIEW GARDENS HOUSING DEVELOPMENT FUND COMPANY INC provides 80 units of subsidized, low-income housing for senior citizens in Hunters Point, Queens, New York. The organization offers social and recreational services to residents, with 46 tenants participating in an enriched housing program that includes special assistance and food service. It operates as a nonprofit housing provider focused on supportive housing for elderly populations.

named programs · 3 · from sources

What they call their work

Enriched Housing Program
Offers special assistance and food service to 46 residents who require supportive housing services.
Social and Recreational Services
Provides organized social and recreational activities for senior residents to promote community engagement and well-being.
Subsidized Senior Housing
Provides 80 units of affordable, subsidized housing for low-income seniors in Hunters Point, Queens.
activities · 2 groups

What they do

  • Affordable Housing Development and Management 1 activity
    • Operation of subsidized senior housing with social services
      Provides 80 units of subsidized housing for low-income senior citizens in Hunters Point, Queens, including social and recreational services.
  • Low-Income Senior Housing Operations 1 activity
    • Provision of special assistance and food services to enriched housing residents
      Provides special assistance and food service to 46 enriched housing program residents among its senior housing tenants.
financials · form 990 · fy2024
revenue
Total revenue$1.47M
Contributions & grants$1.16M79%
Program service revenue$296K20%
Investment income$7K1%
Other revenue$6K
expenses
Total expenses$1.85M
Program expenses84%
Admin / overhead16%
Fundraising0%
Salaries & benefits$433K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$8.61M
Cash$634K
Investments$0
Liabilities$12.24M
Net assets$-3.63M
Liquid reserves4.1 mo
6 years on record · 2019–2024 · YoY revenue +4.5%
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 · 7
  • ANN VAN NESS — VICE PRESIDENT
  • ELIZABETH R TOZER — VICE PRESIDENT
  • EVELYN SALZBERG — BOARD MEMBER
  • JOAN FINKELSTEIN — BOARD MEMBER
  • PEARL CHANG — BOARD MEMBER
  • WILLIAM N HUBBARD III — 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.

  • Supportive Housing Model
    methodology: supportive_housing
    By combining affordable senior housing with integrated social, recreational, and supportive services—including food and targeted aid for vulnerable residents—we promote resident well-being and long-term stability, because addressing both housing and holistic needs reduces isolation, improves health outcomes, and prevents displacement.