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SENIOR LIVING OPTIONS INC

BRONX, NY · EIN 134016169 · Form 990 · FY2024 · NTEE L22 · Housing & Shelter · Micro (<$100K)
revenue
$-2.0M
expenses
$1.2M
net assets
$189.0M
employees
11
volunteers
9
program ratio
54%
mission · from form 990

THE SENIOR LIVING OPTIONS INC. MISSION IS HELPING PEOPLE IN NEED ACHIEVE AND SUSTAIN STABILITY, WELLNESS AND SELF-SUFFICIENCY. WE BELIEVE PEOPLE SHOULD BE TREATED WITH DIGNITY AND RESPECT AND HAVE ACCESS TO OPPORTUNITIES THAT LIFT THEM OUT OF POVERTY.

profile · synthesized from sources

Senior Living Options Inc. is a nonprofit organization based in the Bronx, New York, focused on helping individuals in need achieve stability, wellness, and self-sufficiency. The organization operates within the housing and shelter sector, providing supportive services aimed at lifting people out of poverty. It emphasizes dignity, respect, and access to opportunities for vulnerable populations.

named programs · 1 · from sources

What they call their work

Supportive Housing Services
Provides housing stability and supportive services to individuals in need, promoting long-term self-sufficiency and wellness
activities · 1 group

What they do

  • Low-Income Senior Housing Operations 1 activity
    • Low-income senior housing operations inferred
      Providing housing and supportive services for low-income seniors to promote stability and self-sufficiency.
      This organization’s public records don’t describe its work in enough detail to extract activities, so this entry is a cautious inference from limited available metadata.
financials · form 990 · fy2024
revenue
Total revenue$-2.01M
Contributions & grants$80K
Program service revenue$618K
Investment income$767K
Other revenue$-3.47M
expenses
Total expenses$1.18M
Program expenses54%
Admin / overhead40%
Fundraising7%
Salaries & benefits$500K
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$259.16M
Cash$437K
Investments$183.24M
Liabilities$70.13M
Net assets$189.03M
Liquid reserves1860.0 mo
3 years on record · 2020–2024
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
CHERYL DENNIS EXECUTIVE DIRECTOR 40 $140K
board members · 8
  • ALISON HIGGINS — BOARD MEMBER
  • BRADLEY HAMBURGER — PRESIDENT
  • BRIGITTE R GREENE — BOARD MEMBER
  • DAVE CROSSEN — BOARD MEMBER
  • ERIN MALLORY KOLP — VICE PRESIDENT
  • JENNIFER LEADBETTER — BOARD MEMBER
  • MARC JONES — BOARD MEMBER
  • PATRICA BARTOS-WEST — TREASURER
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.