Hastings-on-hudson Affordable Housing Development Fund Company Inc
Nonprofit profile at a glance
- EIN
- 134022639
- IRS 990-EZ coverage
- 2018–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2020
- Location
- Hastingsonhudson, NY, USA
- Phone
- 9148412116
- Rating confidence
- Limited
- Sector
- Housing Development, Construction, Management
Reported finances
- Revenue
- $6,422
- Expenses
- $3,866
- Assets
- $36,913
- Liabilities
- $0
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- IRA LICHTIGER (PRESIDENT)
- ARTHUR RIOLO (VICE PRESIDENT)
People named in this filing
- NICK FRASCONE (DIRECTOR)
- BOB LICHT (DIRECTOR)
- IRA LICHTIGER (PRESIDENT)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The hastings affordable housing committee is composed of residents of hastings-on-hudson.it was created in 1990 by the village board as an advocate for affordable housing and as a vehicle for the creation of actual housing units. The hastings-on-hudson affordable housing development fund, a non-profit 501(c)3 corporation, is able to build, administer, and regulate those housing units, both rental and ownership, and to receive the necessary funding support for these projects. The development fund's members include some of the members of the committee. The fund obtains money for land, development, and building from a variety of sources through New York state and westchester county.
What it reported doing in 2024
The organization receives a regulatory declaration from westchester country to develop and build affordable homes for individuals in hasting-on-hudson, village in the county of westchester.
Operating model
- Revenue model
- Donor-supported. 100% of the money available for current operations came from contributions and gifts.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 83
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: 39.8%; rating input score 87; 87th percentile among comparable filings
- Total-asset coverage ratio: 9.55; rating input score 92; 92nd percentile among comparable filings
- Liabilities to assets ratio: 0; rating input score 68; 68th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -41.4% per year; rating input score 0; 7th percentile among comparable filings
- Asset growth: 13.1% per year; rating input score 100; 78th percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 6 people listed
- Consistency: 7 of 7 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Officer compensation ratio scored 56/100.