Overview

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Est.

1985

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

10th and 51st Housing Development Fund Company Inc, a nonprofit organization based in Manhattan, focuses on housing development by providing 99 units of subsidized low-income housing for senior citizens at 404 West 54th Street. With an operating budget of $2.8 million and total revenue of $3.3 million for the 2024 fiscal year, the organization also offers social and recreational services, including specialized assistance and food service for 47 residents in its enriched housing program. The organization does not rely on a single funder for 50% or more of its revenue. For more information, visit www.nyfsc.org.

Mission Statement

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.
Revenues
$3.3M
Expenses
$2.8M
Net Income:
+$510K
Assets
$7.3M
Liabilities
$5.6M
Net Assets:
+$1.8M
Operating Budget
$2.8M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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E
Elizabeth R Tozer
Board Member
A
Ann Van Ness
Board Member
J
Joan Finklesten
Board Member

Frequently Asked Questions

What is 10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC’s budget?
In 2024, 10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC reported an annual operating budget of around $2.8 million. More detailed financial information is available to registered users.
What causes does 10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC support?
10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC supports work in Housing development.
Where does 10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC operate?
10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC is headquartered in New York, NY.
What is 10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC’s reliance on government grants?
10TH AND 51ST HOUSING DEVELOPMENT FUND COMPANY INC relied on government grants for more than 90% of their total revenue in 2024.