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CASA VICTORIA HOUSING DEVELOPMENT FUND

NEW YORK, NY · EIN 133269323 · Form 990 · FY2024 · NTEE L210 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.3M
expenses
$1.7M
net assets
$-5.1M
employees
8
program ratio
85%
mission · from form 990

PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.

profile · synthesized from sources

CASA VICTORIA HOUSING DEVELOPMENT FUND provides affordable housing for elderly individuals in New York. The organization operates under Section 202 of the National Housing Act and is regulated by the U.S. Department of Housing and Urban Development (HUD). Its primary mission is to support low-income seniors through subsidized housing programs.

named programs · 1 · from sources

What they call their work

Elderly Housing under HUD Section 202
Provides affordable, supportive housing for elderly low-income individuals in compliance with U.S. Department of HUD regulations
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Provides affordable senior housing under HUD Section 202
      Operates housing for elderly individuals under Section 202 of the National Housing Act, in compliance with U.S. Department of HUD regulations.
financials · form 990 · fy2024
revenue
Total revenue$1.28M
Contributions & grants$955K75%
Program service revenue$326K25%
Investment income$1130%
Other revenue$0
expenses
Total expenses$1.66M
Program expenses85%
Admin / overhead15%
Fundraising0%
Salaries & benefits$321K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$2.65M
Cash$236K
Investments$0
Liabilities$7.76M
Net assets$-5.11M
Liquid reserves1.7 mo
4 years on record · 2020–2024 · YoY revenue -0.5%
leadership · form 990 part vii · fy2024

Who runs it

board members · 5
  • ANDREW PU — TREASURER
  • DIOSCORO PINEDA — MEMBER
  • ELIZABETH COLON — PRESIDENT
  • ERIC DIAZ — SECRETARY
  • HERSON CABRERAS — MEMBER
relationships · 1

Who they work with

  • U.S. Department of Housing and Urban Development Government — Regulates the organization's housing programs under Section 202 of the National Housing Act.
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.

  • Permanent Supportive Housing Model
    methodology: supportive_housing
    By providing permanent housing combined with supportive services through HUD Section 202, we produce stable living environments for low-income elderly individuals, because regulatory oversight and subsidies ensure long-term affordability and quality, reducing housing insecurity and promoting independence.