NEW YORK, NY
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Sign In — Free (10 views/day)721 EAST 6TH STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 1987, is a small nonprofit in the Housing & Shelter sector that reported $126K in total revenue in fiscal year 2024. Expenses of $256K exceeded revenue, resulting in a 103% operating deficit.
721 EAST 6TH STREET HDFC IS COMMITTED TO PROVIDING PERMANENT AFFORDABLE, SUPPORTIVE HOUSING TO LOW-INCOME AND FORMERLY HOMELESS HOUSEHOLDS. THE BUILDING MAINTAINS 13 APARTMENTS FOR QUALIFYING INDIVIDUALS. SUPPORTIVE HOUSING ENTAILS SUPPORT SERVICES AND LOW RENTS THAT ENABLE FAMILIES TO CONTINUE LIVING IN THEIR COMMUNITIES.
721 EAST 6TH STREET HDFC (ALSO REFERRED TO AS THE O'TOOLE RESIDENCE) PROVIDES 13 PERMANENTLY AFFORDABLE APARTMENTS TO FORMERLY HOMELESS FAMILIES AND INDIVIDUALS. LOCATED IN THE HEART OF ALPHABET...
721 EAST 6TH STREET HDFC (ALSO REFERRED TO AS THE O'TOOLE RESIDENCE) PROVIDES 13 PERMANENTLY AFFORDABLE APARTMENTS TO FORMERLY HOMELESS FAMILIES AND INDIVIDUALS. LOCATED IN THE HEART OF ALPHABET CITY, THE BUILDING WAS HOMESTEADED IN THE EARLY 1980'S AND ORIGINALLY SERVED AS A HOME FOR FORMERLY INCARCERATED WOMEN. EXPOSED TO EXTENSIVE FLOODING DURING SUPERSTORM SANDY IN 2012, THE BUILDING HAS SINCE MADE STRIDES IN SUSTAINABILITY AND RESILIENCY, BECOMING ONE OF THE FIRST SOLARIZED MULTIFAMILY BUILDINGS IN LOWER MANHATTAN AS WELL AS AN EARLY PARTICIPANT IN ENTERPRISE COMMUNITY PARTNER'S RESIDENTIAL TECHNICAL ASSISTANCE PILOT PROGRAM (RTAPP), AN INITIATIVE DESIGNED TO MAKE MULTIFAMILY BUILDINGS MORE ENERGY EFFICIENT AND RESILIENT TO NATURAL DISASTERS. RESIDENTS OF 721 EAST 6TH STREET HDFC BENEFIT FROM NEARBY PROGRAMMING AND SERVICES OFFERED OUT OF NAZARETH HOUSING, INC.'S OFFICE AT 1 HAVEN PLAZA/200 AVENUE C AND 206 EAST 4TH STREET. THESE INCLUDE LOUISE'S FOOD PANTRY, SUPPORTIVE CASE MANAGEMENT, HOUSING COUNSELING, AND INDIVIDUALIZED FINANCIAL CAPABILITY PROGRAMMING. THE HOUSING PROVIDED BY 721 EAST 6TH STREET HDFC ALLOWS OUR LOW-INCOME RESIDENTS TO REMAIN IN THEIR COMMUNITY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $125,920 | $132,080 | 0.0% |
| Expenses | $256,133 | $154,448 | +0.7% |
| Net Income | $-130,213 | $-22,368 | +4.8% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| RACHEL LEVINE | EXECUTIVE DIRECTOR | 3.00 |
Officer
Director
|
$0 | $9,341 | $164,941 |
| STEVE WRONSKI | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ROSS M SARRAF | VICE PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| BENNETTE KRAMER | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| MARY-KAY ORR | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY BETH HOGAN | TRUSTEE | 1.00 |
Director
|
$0 | $0 | $0 |
| DEENAH MINOR | DIRECTOR OF FINANCE AS OF 5/25 | 1.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $125,920 | $256,133 | $446,375 | $-130,213 |
| 2024 | No data | No data | No data | No data |
| 2023 | $73,334 | $156,421 | $475,267 | $-83,087 |
| 2022 | $58,305 | $132,695 | $478,339 | $-74,390 |
| 2021 | $111,406 | $136,683 | $542,135 | $-25,277 |
| 2020 | $110,885 | $139,321 | $579,122 | $-28,436 |
| 2019 | $110,305 | $128,021 | $609,651 | $-17,716 |
| 2018 | $110,269 | $135,843 | $613,812 | $-25,574 |
Compare 721 EAST 6TH STREET HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.