HOLLAND HOTEL HOUSING DEVELOPMENT FUND CORPORATION

EIN: 133712838 501(c)(3) Housing & Shelter

NEW YORK, NY

Total Revenue
$4,511,880
Total Expenses
$6,909,162
Total Assets
$31,155,680
Net Assets
$-36,537,800
🔒

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
1993
Legal Domicile
NY
Principal Officer
PAUL WOODY
Phone
2126200340
Tax Period
2024-07-01 to 2025-06-30

HOLLAND HOTEL HOUSING DEVELOPMENT FUND CORPORATION, founded in 1993, is a community nonprofit in the Housing & Shelter sector that reported $4.5M in total revenue in fiscal year 2024. Expenses of $6.9M exceeded revenue, resulting in a 53% operating deficit.

Mission

ORIGINALLY CONSTRUCTED IN 1918, GEFFNER HOUSE IS A CONVERTED HOTEL THAT PROJECT RENEWAL PURCHASED FROM THE CITY IN 1996. TODAY, IT IS A 305 UNIT SUPPORTIVE HOUSING BUILDING THAT PROVIDES PERMANENT HOUSING FOR ADULTS WITH LOW INCOME, INCLUDING PEOPLE WITH SERIOUS AND PERSISTENT MENTAL ILLNESS, INDIVIDUALS WHO ARE RECOVERING FROM DRUG OR ALCOHOL ADDICTION, AND PEOPLE WHO ARE LIVING WITH HIV/AIDS.

Program Service Accomplishments

Program 1
Expenses: $6,569,942 Revenue: $4,290,862

TO OWN, REHABILITATE, MANAGE, LEASE, MAINTAIN, DEVELOP AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME LOCATED IN NEW YORK, NEW YORK. THE HOUSING PROJECT CONSISTS OF 307 SINGLE-ROOM UNITS...

Read more

TO OWN, REHABILITATE, MANAGE, LEASE, MAINTAIN, DEVELOP AND OPERATE A HOUSING PROJECT FOR PERSONS OF LOW-INCOME LOCATED IN NEW YORK, NEW YORK. THE HOUSING PROJECT CONSISTS OF 307 SINGLE-ROOM UNITS, OPERATING UNDER THE NAME THE HOLLAND HOUSE (THE "PROJECT") AND IS ALSO KNOWN AS THE GEFFNER HOUSE.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,240,252
Investment Income $1,768
Other Revenue $269,860
TOTAL REVENUE $4,511,880

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $6,569,942
Other Expenses $6,909,162
TOTAL EXPENSES $6,909,162

Year-over-Year Comparison

2024 2023 Change
Revenue $4,511,880 N/A N/A
Expenses $6,909,162 N/A N/A
Net Income $-2,397,282 $0 N/A
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
6
Independent Members
3
Employees
N/A
Volunteers
3

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
5
$1,092,861
Total Directors
7
$1,092,861
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ERIC ROSENBAUM PRESIDENT / CEO 1.00
Officer Director
$0 $38,303 $405,937
GAIL WEESS TRUSTEE 0.10
Director
$0 $0 $0
GERARD JOSEPH TREASURER 1.00
Officer Director
$0 $0 $138,416
JAMES DAVIDSON CHAIR 0.10
Officer Director
$0 $0 $0
MICHAEL DOHERTY TRUSTEE 0.10
Director
$0 $0 $0
PAUL WOODY SECRETARY 1.00
Officer Director
$0 $48,040 $263,700
STEVEN JONES TREASURER 1.00
Officer Director
$0 $20,113 $284,808
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 $4,511,880 $6,909,162 $31,155,680 $-2,397,282
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare HOLLAND HOTEL 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.