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351 EAST 61 STREET HOUSING DEVELOPMENT FUND CORPORATION C/O MET COUNCIL

NEW YORK, NY · EIN 134041459 · Form 990 · FY2025 · NTEE L20 · Housing & Shelter · Small ($100K-$1M)
revenue
$282K
expenses
$543K
net assets
$0
employees
0
volunteers
3
program ratio
95%
mission · from form 990

TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.

profile · synthesized from sources

351 East 61st Street Housing Development Fund Corporation provides housing assistance to senior citizens and low-income individuals in New York City. Operated as a nonprofit housing corporation, it focuses on maintaining affordable residential units for vulnerable populations. The organization is managed in conjunction with MET Council, a larger nonprofit service provider in the city.

named programs · 1 · from sources

What they call their work

Housing Assistance Program
Provides affordable housing units and rental support to senior citizens and low-income individuals at 351 East 61st Street in Manhattan.
activities · 1 group

What they do

  • Low-Income Senior Housing Operations 1 activity
    • Housing assistance for seniors and low-income individuals
      Provides housing assistance services targeted at senior citizens and low-income individuals, supporting stable and affordable housing.
financials · form 990 · fy2025
revenue
Total revenue$282K
Contributions & grants$00%
Program service revenue$279K99%
Investment income$2K1%
Other revenue$1K
expenses
Total expenses$543K
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$0
Cash$272K
Investments$0
Liabilities$1.36M
Net assets$0
Liquid reserves6.0 mo
5 years on record · 2020–2025 · YoY revenue -61.7%
leadership · form 990 part vii · fy2025

Who runs it

paid leadership · 4
NameTitleHours/wkCompensation
DAVID GREENFIELD CEO 0 $289K
PHILIP KIBEL CFO 0 $142K
ROBERT NEWMAN COO 0 $133K
ELENA SYTCHEVA CO-MANAGING DIRECTOR 0 $74K
board members · 3
  • KENNETH ECKSTEIN — SECRETARY
  • LINDA SPITZER — TREASURER
  • STACEY SCHEINBERG — 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.

  • Targeted Housing Assistance
    methodology: targeted_housing_assistance
    By focusing housing assistance on senior citizens and low-income individuals, the organization increases housing stability among the most vulnerable populations because prioritizing these groups addresses systemic inequities and heightened vulnerability related to age and income.