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80-92 RIDGE STREET HOUSING DEVELOPMENT FUND COMPANY INC
NEW YORK, NY · EIN 133584060 · Form 990 · FY2024 · Medium ($1M-$10M)
revenue
$4.1M
expenses
$2.9M
net assets
$112K
employees
5
volunteers
4
program ratio
89%
mission · from form 990

PROVIDES 99 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED AT 80 RIDGE STREET BETWEEN RIDGE AND DELANCEY STREETS IN MANHATTAN, IT OFFERS SOCIAL AND RECREATIONAL SERVICES. FORTY SEVEN (47) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.

profile · synthesized from sources

Provides 99 units of subsidized, low-income housing for senior citizens in Manhattan, New York. Located at 80 Ridge Street, the organization offers social and recreational services to residents. Forty-seven tenants participate in the Enriched Housing Program, which includes special assistance and food service.

named programs · 1 · from sources

What they call their work

Enriched Housing Program
Provides special assistance and food service to 47 low-income senior residents requiring supportive services
activities · 2 groups

What they do

  • Home-Delivered Meals for Seniors and Homebound 1 activity
    • Deliver food and special assistance to enriched housing residents
      Provides food service and special assistance to 47 senior tenants participating in its enriched housing program, enhancing support for vulnerable residents.
  • Affordable Housing Development and Management 1 activity
    • Operate subsidized senior housing with supportive services
      Provides 99 units of subsidized housing for low-income seniors in Manhattan, including social and recreational services to support resident well-being.
financials · form 990 · fy2024
revenue
Total revenue$4.13M
Contributions & grants$3.79M92%
Program service revenue$333K8%
Investment income$3K0%
Other revenue$4K
expenses
Total expenses$2.95M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$585K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$5.34M
Cash$1.92M
Investments$0
Liabilities$5.22M
Net assets$112K
Liquid reserves7.8 mo
6 years on record · 2019–2024 · YoY revenue +61.6%
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 · 4
  • ANN VAN NESS — BOARD MEMBER
  • ELIZABETH R TOZER — VICE PRESIDENT
  • JOAN FINKLESTEN — 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 integrating affordable housing with social and supportive services, we improve well-being and stability for seniors, because addressing both housing and social needs concurrently leads to better health and quality of life outcomes.