GEORGE DALY HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 133535818 501(c)(3)

NEW YORK, NY

Total Revenue
$2,909,035
Total Expenses
$2,911,310
Total Assets
$1,210,818
Net Assets
$6,160
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
NY
Principal Officer
LINDA R HOFFMAN
Phone
2129627653
Tax Period
2023-07-01 to 2024-06-30

GEORGE DALY HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1988, is a community nonprofit that reported $2.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

TRANSITIONAL HOUSING AND SOCIAL REHABILITATION SERVICE PROGRAM FOR 88 HOMELESS OVER AGE 45. LOCATED AT 269 EAST 4TH STREET, MANHATTAN.

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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 (2023)

Revenue Breakdown

Contributions & Grants $2,906,676
Program Service Revenue $0
Investment Income $2,359
Other Revenue $0
TOTAL REVENUE $2,909,035

Expense Breakdown

Grants Paid $50
Salaries & Benefits $1,727,584
Fundraising Expenses $0
Program Expenses $2,792,354
Other Expenses $1,183,676
TOTAL EXPENSES $2,911,310

Year-over-Year Comparison

2023 2022 Change
Revenue $2,909,035 $2,650,432 +0.1%
Expenses $2,911,310 $2,662,152 +0.1%
Net Income $-2,275 $-11,720 -0.8%
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

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
55
Volunteers
4

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
4
$1,137,323
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
WILLIAM N HUBBARD IV PRESIDENT 0.20
Officer Director
$0 $0 $0
ELIZABETH R TOZER VICE PRESIDENT 0.20
Officer Director
$0 $0 $0
JOAN FINKLESTEIN EXEC. SECRETARY/TREASURER 0.20
Director
$0 $0 $0
ANN VAN NESS BOARD MEMBER 0.20
Director
$0 $0 $0
LINDA R HOFFMAN CHIEF EXECUTIVE DIRECTOR 1.00
Officer
$19,087 $35,416 $786,830
ROLANDO A BLANCO CHIEF FINANCIAL OFFICER 1.00
Officer
$12,308 $35,416 $350,493
AMANDA FORSMAN DIRECTOR OF PROGRAMS 1.00
Highest
$24,379 $11,772 $241,718
MAXINE WU CHEIF OF STAFF 1.00
Highest
$23,063 $12,047 $190,519
JESSICA RODRIGUEZ ASSISTANT CONTROLLER 1.00
Highest
$16,850 $28,192 $163,206
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 $2,909,035 $2,911,310 $1,210,818 $-2,275
2023 $2,650,432 $2,662,152 $915,056 $-11,720
2022 $2,206,490 $2,206,490 $222,435 No data
2021 $2,129,948 $2,129,948 $297,821 No data
2020 $2,065,455 $2,067,577 $647,181 $-2,122
2019 $1,982,510 $1,980,389 $351,749 $2,121
2018 $1,949,340 $1,941,873 $206,076 $7,467
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