THE ASSOCIATED BLIND HOUSING DEVELOPMENT FUND CORPORATION

EIN: 132951474 501(c)(3) Housing & Shelter

SUFFERN, NY

Total Revenue
$11,892,238
Total Expenses
$9,695,028
Total Assets
$61,803,580
Net Assets
$-7,891,012
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1978
Legal Domicile
NY
Principal Officer
DONALD SMITH
Phone
8453682400
Tax Period
2023-08-01 to 2024-07-31

THE ASSOCIATED BLIND HOUSING DEVELOPMENT FUND CORPORATION, founded in 1978, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.9M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $2.2M, a strong 18% operating margin.

Mission

TO PROVIDE AFFORDABLE HOUSING TO BLIND AND LOW INCOME INDIVIDUALS OF SUFFERN, NY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $11,882,955
Investment Income $9,283
Other Revenue $0
TOTAL REVENUE $11,892,238

Expense Breakdown

Grants Paid $1,250,000
Salaries & Benefits $1,246,184
Fundraising Expenses $0
Program Expenses $8,953,457
Other Expenses $7,198,844
TOTAL EXPENSES $9,695,028

Year-over-Year Comparison

2023 2022 Change
Revenue $11,892,238 $10,875,750 +0.1%
Expenses $9,695,028 $9,119,593 +0.1%
Net Income $2,197,210 $1,756,157 +0.3%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
9
Independent Members
9
Employees
10
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
2
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DONALD SMITH PRESIDENT/TREASURER 3.00
Officer Director
$0 $0 $0
JOSEPH MALEWICH VICE PRESIDENT 3.00
Officer Director
$0 $0 $0
DENISE LEONARD DIRECTOR 1.00
Director
$0 $0 $0
BARBARA WOODS DIRECTOR 1.00
Director
$0 $0 $0
JOHN LICASTRO DIRECTOR 1.00
Director
$0 $0 $0
AUDREY HORTON DIRECTOR 1.00
Director
$0 $0 $0
KEN SIDLOWSKI DIRECTOR 1.00
Director
$0 $0 $0
TONY SAVARESE DIRECTOR 1.00
Director
$0 $0 $0
ALEXANDRA HOLLAND DIRECTOR 1.00
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 No data No data No data No data
2024 $11,892,238 $9,695,028 $61,803,580 $2,197,210
2023 $10,875,750 $9,119,593 $61,219,671 $1,756,157
2022 $8,378,742 $8,555,974 $60,912,247 $-177,232
2021 $8,167,925 $20,542,379 $62,551,396 $-12,374,454
2020 $7,989,776 $10,140,779 $65,580,291 $-2,151,003
2019 $7,600,922 $8,771,610 $66,776,785 $-1,170,688
2018 $7,398,607 $6,917,497 $67,435,713 $481,110
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE ASSOCIATED BLIND HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.