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EUGENE SMILOVIC HOUSING DEVELOPMENT FUND CORPORATION

BRONX, NY · EIN 133843955 · Form 990 · FY2024 · NTEE L22Z · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.4M
expenses
$1.3M
net assets
$-3.3M
employees
34
volunteers
8
program ratio
75%
mission · from form 990

EUGENE SMILOVIC HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") WAS ORGANIZE EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF DEVELOPING A SENIOR HOUSING PROJECT AT 280 EAST 170TH STREET, BRONX, NY.

profile · synthesized from sources

EUGENE SMILOVIC HOUSING DEVELOPMENT FUND CORPORATION is a nonprofit organization based in the Bronx, New York, established exclusively for the purpose of developing a senior housing project at 280 East 170th Street. The organization focuses on creating affordable housing for seniors as its primary charitable activity. Its mission is narrowly defined around this single development project.

named programs · 1 · from sources

What they call their work

Senior Housing Development Project
Development and operation of affordable senior housing at 280 East 170th Street, Bronx, NY
activities · 1 group

What they do

  • HUD Section 202 Senior Housing 1 activity
    • Development of senior housing project
      Develops a senior housing project located at 280 East 170th Street, Bronx, NY.
financials · form 990 · fy2024
revenue
Total revenue$1.39M
Contributions & grants$00%
Program service revenue$1.33M96%
Investment income$26K2%
Other revenue$31K
expenses
Total expenses$1.33M
Program expenses75%
Admin / overhead25%
Fundraising0%
Salaries & benefits$343K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$4.19M
Cash$123K
Investments$0
Liabilities$7.51M
Net assets$-3.32M
Liquid reserves1.1 mo
6 years on record · 2019–2024 · YoY revenue +6.6%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 1
NameTitleHours/wkCompensation
JEANETTE PURYEAR SECRETARY 1 $219K
board members · 8
  • ALLAN SCHWARTZ — BOARD MEMBER
  • DAN HIRSCH — BOARD MEMBER
  • DR JOE ALBERT BUSH SR — CHAIRMAN
  • DR MADAN PAUL — TREASURER
  • GRACIELA NAVARRO — BOARD MEMBER
  • JULIETTE CANNADY — BOARD MEMBER
  • MARY COLEMAN — VICE CHAIRMA
  • RAYMOND JONES — BOARD MEMBER