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Filing year 2024

2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP

New York, New York·EIN 85-1989484·NTEE S47 · Community Improvement & Capacity Building·3
Total revenue
$1.8M
Total assets
$28.5M
Total expenses
$1.2M
Reported officers
6
Mission

THE 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION FOCUSES ON CONSTRUCTING, REHABILITATING AND OPERATING HOUSING FOR HOMELESS FAMILIES REFERRED BY THE NYC DEPARTMENT OF HOMELESS SERVICES. SINCE ITS INCEPTION IT HAS EXCLUSIVELY ONLY SERVED AS A COMPANY HOLDING TITLE TO PROPERTY. THE SOLE RESPONSIBILITY FOR MAINTAINING, DEVELOPING AND OPERATING ANY PROPERTY OWNED BY THE FUND WAS AT ITS INCEPTION DELEGATED TO URBAN RESOURCE INSTITUTE.

Reported officers (all unpaid)

No paid executives reported in 2024. 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP reported 6 unpaid officers and board members on its 990.

Trustee
Trustee
Trustee
Chief Financial Officer
Deputy CEO
President
Pay in context

Top pay as a share of expenses

In 2023, the highest total compensation at 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP equaled 5% of the organization's total expenses. The median for community improvement & capacity building organizations is 14%.

This organization (2023)
5%
Sector median
14%
Middle half of sector
6% to 28%

Based on 10,143 community improvement & capacity building organizations, each measured at its most recent filing year with reported expenses and compensation.

Sector benchmark

What Community Improvement & Capacity Building executives earn in New York

2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable community improvement & capacity building organization in New York earns a median of $99,234.

25th percentile
$45k
Median
$99,234
75th percentile
$200k
90th percentile
$337k

These are community improvement & capacity building sector-wide figures, not this organization's reported pay. Based on 772 organizations across 772 filings (2022 – 2024).

See full Community Improvement & Capacity Building pay data for New York
FAQ

Common questions about 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP

What are 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP's revenue and expenses?

In 2024, 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORP reported $1.8M in total revenue and $1.2M in total expenses on its IRS Form 990.

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