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HOUSING PARTNERSHIP DEVELOPMENT CORPORATION
NEW YORK, NY · EIN 133202014 · Form 990 · FY2024 · NTEE L200 · Housing & Shelter · Medium ($1M-$10M)
revenue
$5.1M
expenses
$5.8M
net assets
$6.1M
employees
38
volunteers
25
program ratio
72%
mission · from form 990

TO INCREASE SUPPLY OF LOW/MODERATE HOUSING IN NEW YORK CITY THROUGH NEW HOUSING PRODUCTION AND PRESERVATION, AND TO REVITALIZE NEIGHBORHOODS.

profile · synthesized from sources

Housing Partnership Development Corporation works to increase the supply of low- and moderate-income housing in New York City through new development and preservation efforts, while also revitalizing neighborhoods. The organization provides homebuyer counseling and integrates energy efficiency and solar investment into affordable housing projects. Its work combines housing development with financial education and sustainable building practices.

irs program accomplishments · form 990 part iii · fy2024

What they reported doing

  1. #1 primary $408K
    PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT.
  2. #2 $327K
    PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT.WE ARE FOCUSING ON THE INTERSECTION OF AFFORDABLE HOUSING AND ENERGY INVESTMENT. WE ANALYZE SOLAR AND ENERGY INVESTMENT OPPORTUNITIES ACROSS PORTFOLIOS OF AFFORDABLE HOUSING ASSETS AND PARTNER WITH HOUSING OWNERS TO EXECUTE ON THOSE PROJECTS.
named programs · 2 · from sources

What they call their work

Energy Investment in Affordable Housing
Analyzes solar and energy efficiency opportunities in affordable housing portfolios and partners with owners to implement energy-saving projects.
Homebuyer Counseling Program
Provides prospective homebuyers with education on home ownership, financial planning, and debt management to support successful homeownership.
activities · 2 groups

What they do

  • Low-Income Home Energy Efficiency Upgrades 1 activity
    • Energy efficiency and solar investment analysis for affordable housing
      Analyzes solar and energy investment opportunities in affordable housing portfolios and partners with housing owners to implement energy projects.
  • First-Time Homebuyer Support Services 1 activity
    • Homebuyer counseling and financial planning education
      Provides counseling courses to prospective home buyers covering home ownership, financial planning, and debt management.
financials · form 990 · fy2024
revenue
Total revenue$5.14M
Contributions & grants$807K16%
Program service revenue$4.24M82%
Investment income$225K4%
Other revenue$-128K
expenses
Total expenses$5.85M
Program expenses72%
Admin / overhead21%
Fundraising8%
Salaries & benefits$4.22M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$9.50M
Cash$3.43M
Investments$1.89M
Liabilities$3.35M
Net assets$6.14M
Liquid reserves10.9 mo
3 years on record · 2020–2024 · YoY revenue -14.7%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 7
NameTitleHours/wkCompensation
JAMIE SMARR PRESIDENT & CEO 37 $444K
THERESA OMANSKY SECRETARY/GEN. COUNSEL 37 $306K
ADAM GOLD TREASURER & CFO 37 $264K
JOHN ABRAMO VP REAL ESTATE+DEV 37 $228K
DEBBRA MCALLISTER VICE PRESIDENT 40 $161K
NADJA ALVARADO VICE PRESIDENT, REAL ESTATE 37 $158K
SHELIA MARTIN VICE PRESIDENT & COO THRU 1/31/2024 37 $70K
board members · 18
  • ADOLFO CARRION — DIRECTOR, EX OFFICIO
  • AHMED TIGANI — DIRECTOR
  • ANDREW BLUMETTI — DIRECTOR
  • ANTHONY RICHARDSON — DIRECTOR
  • BRENDAN J FARELY — DIRECTOR
  • CHARLES GATEWOOD — DIRECTOR
  • CHERYL GLADSTONE — DIRECTOR
  • DUANE MUTTI — DIRECTOR
  • ERIC ENDERLIN — DIRECTOR, EX OFFICIO
  • JOSEPH LYNCH ESQ — DIRECTOR
  • JULIE GONZALEZ — DIRECTOR
  • KUAME NDZIBAH — DIRECTOR
  • RAYMOND SAVINO — DIRECTOR
  • RICHARD ROBERTS — DIRECTOR
  • RONALD MOELIS — BOARD CHAIR
  • STEPHANIE CANZANI — DIRECTOR
  • STEVEN HOCHBERG ESQ — DIRECTOR
  • THOMAS OSTERMAN — DIRECTOR
relationships · 1

Who they work with

  • Housing owners Partner — Partners with housing owners to execute solar and energy investment projects in affordable housing portfolios.
strategies · 2

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.