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GENERAL CHAUNCEY M HOOPER TOWERS HOUSING DEVELOPMENT FUND CO INC

NEW YORK, NY · EIN 133140546 · Form 990 · FY2023 · NTEE L210 · Housing & Shelter · Medium ($1M-$10M)
revenue
$2.2M
expenses
$2.3M
net assets
$-4.4M
employees
4
volunteers
13
program ratio
85%
mission · from form 990

TO PROVIDE HOUSING TO SENIOR CITIZENS AND HANDICAPPED PERSONS OF LOW INCOME.

profile · synthesized from sources

Nonprofit housing organization based in New York that provides affordable housing to low-income senior citizens and persons with disabilities. Operates under a housing development fund model, focusing on long-term residential stability through subsidized apartment units. Mission is aligned with supportive housing goals for vulnerable populations.

named programs · 1 · from sources

What they call their work

Low-Income Senior and Disabled Housing
Provides affordable, long-term rental housing units for elderly and disabled individuals with low incomes in New York City
activities · 1 group

What they do

  • Elder Care Financial Support 1 activity
    • Provides affordable housing to low-income seniors and people with disabilities
      Offers housing services specifically targeted to low-income senior citizens and individuals with disabilities, as indicated in IRS Form 990 filings.
financials · form 990 · fy2023
revenue
Total revenue$2.24M
Contributions & grants$00%
Program service revenue$2.20M98%
Investment income$31K1%
Other revenue$6K
expenses
Total expenses$2.26M
Program expenses85%
Admin / overhead15%
Fundraising0%
Salaries & benefits$281K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$6.11M
Cash$297K
Investments$0
Liabilities$10.46M
Net assets$-4.36M
Liquid reserves1.6 mo
5 years on record · 2019–2023 · YoY revenue -1.4%
leadership · form 990 part vii · fy2023

Who runs it

board members · 13
  • AIJA TINGLING — BOARD MEMBER
  • ALLISON EATON — BOARD MEMBER
  • DARNLEY BECKLES — PRESIDENT
  • DONALD EATON III — BOARD MEMBER
  • DONALD SINGLETARY — TREASURER
  • GEOFFREY E EATON — VICE-PRESIDENT
  • GEORGE DANIELS — BOARD MEMBER
  • HAROLD MULLER — VICE-PRESIDENT
  • JAMES WASHINGTON — BOARD MEMBER
  • LEON J WALLACE — BOARD MEMBER
  • MICHELLE ALEXANDER MD — BOARD MEMBER
  • NAVARRO BELL — BOARD MEMBER
  • WILLIAM FRANC PERRY — BOARD MEMBER
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 Affordable Housing for Vulnerable Populations
    methodology: targeted_affordable_housing
    By developing and providing affordable housing units specifically for low-income seniors and individuals with disabilities, the organization addresses housing instability in high-need groups because targeted access removes systemic barriers these populations face in securing safe and stable housing.