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BISHOP GERALD J RYAN HOUSING DEVELOPMENT FUND CO INC
HICKSVILLE, NY · EIN 112842822 · Form 990 · FY2023 · NTEE P75Z · Human Services · Medium ($1M-$10M)
revenue
$1.7M
expenses
$1.1M
net assets
$1.1M
employees
0
program ratio
85%
mission · from form 990

THE ORGANIZATION OWNS & OPERATES A SECTION 202 HUD MULTIFAMILY PROJECT FOR THE ELDERLY.

profile · synthesized from sources

Bishop Gerald J Ryan Housing Development Fund Co Inc owns and operates a HUD Section 202 multifamily housing project for elderly individuals. The organization provides affordable housing to low-income seniors, supported through federal housing programs. Located in Hicksville, New York, it functions as a nonprofit housing developer focused on senior residential needs.

named programs · 1 · from sources

What they call their work

Section 202 Supportive Housing for the Elderly
Owns and operates a HUD-insured multifamily residential project providing affordable, project-based rental housing for elderly low-income individuals in Hicksville, NY.
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Owns and operates HUD Section 202 multifamily housing for elderly individuals
      Provides affordable, supportive housing to elderly individuals through a HUD Section 202 multifamily housing project. This includes property management and oversight of residential services.
financials · form 990 · fy2023
revenue
Total revenue$1.67M
Contributions & grants$00%
Program service revenue$1.60M96%
Investment income$68K4%
Other revenue$2K
expenses
Total expenses$1.13M
Program expenses85%
Admin / overhead15%
Fundraising0%
Salaries & benefits$140K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$3.49M
Cash$59K
Investments$0
Liabilities$2.39M
Net assets$1.11M
Liquid reserves0.6 mo
5 years on record · 2019–2023 · YoY revenue +4.9%
leadership · form 990 part vii · fy2023

Who runs it

board members · 8
  • GARY CREGAN — TRUSTEE
  • JESUS VALDES — TRUSTEE
  • MARYANNE FITZGERALD — TRUSTEE
  • MICHAEL SMITH — PRESIDENT
  • RICHARD BALCOM — TREASURER
  • ROBERT J AHLSTROM JR — TRUSTEE
  • STEVEN PIETROWSKI — TRUSTEE
  • WILLIAM G CHAPIN — TRUSTEE
relationships · 1

Who they work with

  • U.S. Department of Housing and Urban Development Government — Operates a multifamily housing project under HUD Section 202 program.
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.

  • Affordable Housing for Elderly
    methodology: affordable_housing_for_elderly
    By owning and operating a HUD Section 202 multifamily housing project, we provide affordable housing to elderly individuals, because dedicated supportive housing models improve housing stability and access to services for vulnerable older adults.