COMMON MAPS
Map version new-york activity top-down
Main site Contact
Menu
↑ parent activity group ·
research dossier

10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC
NEW YORK, NY · EIN 133270654 · Form 990 · FY2023 · Medium ($1M-$10M)
revenue
$3.3M
expenses
$2.8M
net assets
$1.8M
employees
9
volunteers
4
program ratio
89%
mission · from form 990

PROVIDES 99 UNITS OF SUBSIDIZED LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED AT 404 WEST 54TH STREET, MANHATTAN, IT OFFERS SOCIAL AND RECREATIONAL SERVICES. FORTY SEVEN (47) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.

profile · synthesized from sources

Provides 99 units of subsidized, low-income housing for senior citizens at 404 West 54th Street in Manhattan. Offers social and recreational services to residents. Forty-seven tenants participate in the Enriched Housing Program, which includes special assistance and food service.

named programs · 1 · from sources

What they call their work

Enriched Housing Program
Provides special assistance and food service to 47 qualifying residents who are part of the subsidized senior housing program
activities · 3 groups

What they do

  • Senior Congregate Centers 1 activity
    • Offer social and recreational services to senior residents
      Provides social and recreational programming to senior residents at 404 West 54th Street in Manhattan.
  • Senior Independence Support Services 1 activity
    • Provide special assistance and food services to enriched housing residents
      Delivers special assistance and food services to 47 senior residents with additional needs participating in the Enriched Housing Program.
  • Affordable Housing Development and Management 1 activity
    • Provide subsidized low-income housing for senior citizens
      Operates and manages 99 units of subsidized housing for low-income seniors in Manhattan.
financials · form 990 · fy2023
revenue
Total revenue$3.35M
Contributions & grants$3.02M90%
Program service revenue$307K9%
Investment income$14K0%
Other revenue$4K
expenses
Total expenses$2.84M
Program expenses89%
Admin / overhead11%
Fundraising0%
Salaries & benefits$493K
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$7.34M
Cash$1.90M
Investments$0
Liabilities$5.56M
Net assets$1.77M
Liquid reserves8.0 mo
5 years on record · 2019–2023 · YoY revenue +2.9%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 2
NameTitleHours/wkCompensation
LINDA R HOFFMAN CHIEF EXECUTIVE OFFICER 1 $787K
ROLANDO A BLANCO CHIEF FINANCIAL OFFICER 1 $350K
board members · 4
  • ANN VAN NESS — BOARD MEMBER
  • ELIZABETH R TOZER — VICE PRESIDENT
  • JOAN FINKLESTEN — EXEC. SECRETARY/TREASURER
  • WILLIAM N HUBBARD IV — 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.

  • Supportive Housing Model
    methodology: supportive_housing
    By combining subsidized housing with social, recreational, and supportive services, we improve well-being and stability for low-income senior citizens, because addressing both housing and psychosocial needs together leads to better long-term outcomes.