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1228 WASHINGTON AVENUE HOUSING DEVELOPMENT FUND COMPANY INC
NEW YORK, NY · EIN 853047085 · Form 990 · FY2024 · NTEE L21 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.3M
expenses
$1.9M
net assets
$-2.9M
employees
0
volunteers
3
program ratio
98%
mission · from form 990

TO PROVIDE AFFORDABLE HOUSING TO THE CHRONICALLY MENTALLY DISABLED UNDER SECTION 811 OF THE NATIONAL AFFORDABLE HOUSING ACT.

profile · synthesized from sources

Provides affordable housing specifically for individuals who are chronically mentally disabled, operating under Section 811 of the National Affordable Housing Act. The organization is based in New York and focuses on long-term supportive housing as a means of stability for its target population. Its mission is narrowly oriented toward a vulnerable subgroup within the broader disability and housing sectors.

named programs · 1 · from sources

What they call their work

Supportive Housing Program
Provides permanent, affordable housing units integrated with supportive services for individuals with chronic mental disabilities, in compliance with HUD Section 811 guidelines.
activities · 1 group

What they do

  • Supportive Housing for Mental Illness 1 activity
    • Provides affordable housing for individuals who are chronically mentally disabled
      Operates affordable housing units specifically for individuals who are chronically mentally disabled, in accordance with Section 811 of the National Affordable Housing Act.
financials · form 990 · fy2024
revenue
Total revenue$1.26M
Contributions & grants$401K32%
Program service revenue$855K68%
Investment income$200%
Other revenue$0
expenses
Total expenses$1.92M
Program expenses98%
Admin / overhead2%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$11.94M
Cash$152K
Investments$0
Liabilities$14.87M
Net assets$-2.93M
Liquid reserves0.9 mo
5 years on record · 2020–2024 · YoY revenue -1.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
SUSAN WIVIOTT CEO 1 $400K
EZRA MILLER CFO THRU APR 2025 1 $258K
board members · 3
  • ALBERT E MAYAS — TREASURER
  • CAROL BUCKLER — SECRETARY
  • CYNTHIA C WAINWRIGHT — 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 providing long-term affordable housing integrated with support services, we improve stability and outcomes for chronically mentally disabled individuals because housing security enables better engagement with health and social services.