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ALLIANCE APARTMENTS HOUSING DEVELOPMENT FUND CO

NEW YORK, NY · EIN 133896558 · Form 990 · FY2024 · NTEE L99 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.1M
expenses
$1.5M
net assets
$-4.9M
employees
0
volunteers
1
program ratio
88%
mission · from form 990

TO PROVIDE FEDERALLY SUBSIDIZED HOUSING FOR THE ELDERLY.

profile · synthesized from sources

Alliance Apartments Housing Development Fund Co is a New York-based nonprofit focused on providing federally subsidized housing for elderly individuals. The organization operates within the housing and shelter sector, specifically targeting affordable and supportive residential solutions for older adults. Its mission centers on addressing housing needs for seniors through public or government-assisted programs.

named programs · 1 · from sources

What they call their work

Federally Subsidized Senior Housing
Provides affordable, federally assisted housing units for elderly residents in New York City
activities · 1 group

What they do

  • Low-Income Senior Housing Operations 1 activity
    • Providing federally subsidized housing for elderly individuals
      Operates housing units that offer federally subsidized housing specifically for elderly individuals, ensuring affordable and accessible living options.
financials · form 990 · fy2024
revenue
Total revenue$1.09M
Contributions & grants$00%
Program service revenue$1.08M99%
Investment income$10K1%
Other revenue$552
expenses
Total expenses$1.54M
Program expenses88%
Admin / overhead12%
Fundraising0%
Salaries & benefits$181K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$1.80M
Cash$232K
Investments$0
Liabilities$6.73M
Net assets$-4.93M
Liquid reserves1.8 mo
6 years on record · 2019–2024 · YoY revenue +6.3%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
RICHARD BAUM PRESIDENT 1 $485K
ANYA HOERBURGER VICE PRESIDENT 1 $283K
MOLLY MURPHY ASSISTANT SECRETARY 1 $261K
MARK ENSELMAN SECRETARY/CFO 2 $245K
JILL OLONOFF TRUSTEE 1 $235K
BENJAMIN WEISS TRUSTEE 1 $155K
board members · 1
  • SAMUEL ROSENBLATT — TREASURER