SENIOR CITIZENS HOUSING COMMITTEE INC

EIN: 112426215

GREENLAWN, NY

Total Revenue
$3,394,651
Total Expenses
$1,538,378
Total Assets
$18,669,948
Net Assets
$18,655,449
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NY
Principal Officer
WILLIAM DAVIDSON
Phone
6312620101
Tax Period
2025-01-01 to 2025-12-31

SENIOR CITIZENS HOUSING COMMITTEE INC, founded in 1971, is a community nonprofit that reported $3.4M in total revenue in fiscal year 2025. Revenue surged 81% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.9M, a strong 55% operating margin.

Mission

SEEKING,ACQUIRING,RENOVATING,MANAGING AND FINANCING RENTAL HOUSING UNITS FOR LOW INCOME SENIOR CITIZENS AS DEFINED AND APPROVED UNDER HUD AND/OR LIHTC GUIDELINES TO QUALIFIY FOR THE HUD HAP SUBSIDY.

Program Service Accomplishments

Program 1
Expenses: $1,066,887 Revenue: $3,394,651

SEEK OUT POTENTIAL FUTURE LOCATIONS,IMPROVE AND UPDATE AND MANAGE LOW INCOME SENIOR CITIZENS HOUSING UNITS OF AFFILIATES, ACQUIRE LAND, PLAN FOR LOW INCOME HOUSING CREDITS AND FEDERAL FUNDING FOR...

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SEEK OUT POTENTIAL FUTURE LOCATIONS,IMPROVE AND UPDATE AND MANAGE LOW INCOME SENIOR CITIZENS HOUSING UNITS OF AFFILIATES, ACQUIRE LAND, PLAN FOR LOW INCOME HOUSING CREDITS AND FEDERAL FUNDING FOR CONSTRUCTION AND RENOVATION OF LOW INCOME SENIOR CITIZENS HOUSING UNITS. PROVIDE AND MANAGE SENIOR SERVICES TO THE RESIDENTS OF THE AFFILIATED HOUSING PROJECTS. IN 2025, THE ORGANIZATION PROVIDED A GRANT OF 153,800 TO PAUMANACK VILLAGE IV (H.S.C. NO 4 HOUSING DEVELOPMENT FUND CO, INC.) TO REPLACE THE WINDOWS AT THE APARTMENT HOUSING COMPLEX. IN 2025, THE ORGANIZATION PROVIDED A GRANT OF 325,397 TO PAUMANACK VILLAGE V (H.S.C. NO. 5 HOUSING DEVELOPMENT FUND CO, INC.) TO REPLACE THE GUTTERS ON THE BUILDINGS AND TO REPLACE THE COUNTERTOPS IN THE APARTMENT UNITS OF THE HOUSING COMPLEX. IN 2025, THE ORGANIZATION CREATED A NEW COMPANY, SCHC SENIOR SERVICES, LLC WHICH IS WHOLLY OWNED BY SENIOR CITIZENS HOUSING COMMITTEE, INC. THE ORGANIZATION PROVIDED A GRANT OF 170,500 TO FUND THE OPERATIONS WHICH IS TO PROVIDE SUPPORT SERVICES TO THE SENIOR CITIZEN RESIDENTS AT THE PAUMANACK VILLAGES. THE PAUMANACK VILLAGES SERVE THE LOW INCOME ELDERLY POPULATION AND FURTHER THE ORGANIZATION'S MISSION OF HELPING LOW INCOME SENIORS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $422,585
Investment Income $606,796
Other Revenue $2,365,270
TOTAL REVENUE $3,394,651

Expense Breakdown

Grants Paid $0
Salaries & Benefits $910,207
Fundraising Expenses $0
Program Expenses $1,066,887
Other Expenses $628,171
TOTAL EXPENSES $1,538,378

Year-over-Year Comparison

2025 2024 Change
Revenue $3,394,651 $1,880,615 +0.8%
Expenses $1,538,378 $1,233,021 +0.2%
Net Income $1,856,273 $647,594 +1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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Liquidity & Cash Position

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Governance

Voting Members
8
Independent Members
4
Employees
4
Volunteers
N/A

Governance Policies

✗ Conflict of Interest Policy
✗ Whistleblower Policy
✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$521,014
Total Directors
8
$521,014
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM DAVIDSON PRESIDENT 50.00
Officer Director
$274,604 $0 $274,604
JUDY FARABAUGH CONTROLLER N/A
Highest
$145,827 $0 $238,127
JEFFREY HARTMAN VP OF ENGINE 30.00
Officer Director
$128,655 $0 $128,655
JANICE DALESSIO VP OF MANAGE 25.00
Officer Director
$58,878 $0 $58,878
JOHN ZANFINO VP OF FINANC 25.00
Officer Director
$0 $0 $58,877
JOHN FLANAGAN DIRECTOR 1.00
Director
$0 $0 $0
VINCENT FRIGERIA III CORPORATE SE 1.00
Officer Director
$0 $0 $0
CARL MILLS DIRECTOR 1.00
Director
$0 $0 $0
FRANK TASSONE DIRECTOR 1.00
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $3,394,651 $1,538,378 $18,669,948 $1,856,273
2024 $1,880,615 $1,233,021 $16,351,431 $647,594
2023 $2,959,460 $1,124,127 $15,358,758 $1,835,333
2022 $1,592,393 $1,355,531 $15,036,130 $236,862
2021 $2,702,685 $1,513,485 $15,044,248 $1,189,200
2020 $2,425,232 $1,352,895 $13,350,029 $1,072,337
2019 $2,287,994 $1,660,836 $12,252,185 $627,158
2018 $2,316,269 $1,482,286 $11,060,801 $833,983
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