HARGRAVE HDFC C/O FIND AID FOR THE AGED INC

EIN: 522334101 501(c)(3) Housing & Shelter

NEW YORK, NY

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$9,896,297
Net Assets
$171,250
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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
2001
Legal Domicile
NY
Principal Officer
MARK JENNINGS
Phone
2128740300
Tax Period
2023-01-01 to 2023-12-31

Mission

PROVIDE QUALITY AFFORDABLE HOUSING AND SUPPORTIVE SERVICES TO LOW INCOME OLDER ADULTS ON THE UPPER WEST SIDE OF NEW YORK. FIND AID FOR THE AGED, INC. SERVES AS THE PROPERTY MANAGER OF THE PROJECT. THE PROGRAM IS ALSO PART OF THE JOINT OPERATING ENTITY (JOE) WHICH IS THE NOMINAL OWNER OF THE BUILDING AND ASSIST WITH ASSET MANAGEMENT.

Program Service Accomplishments

Program 1

THE HARGRAVE IS AN APARTMENT BUILDING ON THE UPPER WEST SIDE OF MANHATTAN FOR ROUGHLY 120 ADULTS 62 AND OLDER. THERE ARE TWO LICENSED SOCIAL WORKERS IN THE BUILDING WHO PROVIDE SERVICES TO THE...

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THE HARGRAVE IS AN APARTMENT BUILDING ON THE UPPER WEST SIDE OF MANHATTAN FOR ROUGHLY 120 ADULTS 62 AND OLDER. THERE ARE TWO LICENSED SOCIAL WORKERS IN THE BUILDING WHO PROVIDE SERVICES TO THE TENANTS OF THE BUILDING ON A VOLUNTARY BASIS. SERVICES INCLUDE SUPPORTIVE COUNSELING, CASE MANAGEMENT, AS WELL AS ASSISTANCE IN SECURING PUBLIC ENTITLEMENTS SUCH AS FOOD STAMPS, SOCIAL SECURITY, AND HEALTH INSURANCE. THE SOCIAL WORK STAFF ALSO PROVIDE ASSISTANCE IN SECURING HOME CARE AND HOUSEKEEPING SERVICES.

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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 $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A $20,001 -1.0%
Net Income N/A $-20,001 N/A
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
2
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
3
$224,908
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JANE SILVERMAN CHAIR 2.00
Officer Director
$0 $0 $0
JOHN CRANE VICE CHAIR 1.50
Officer Director
$0 $0 $0
JOHN SHEEHAN DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY FOX DIRECTOR 1.00
Director
$0 $0 $0
MARK JENNINGS SECRETARY/ TREASURER 3.50
Officer
$0 $26,355 $224,908
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
2024 No data No data No data No data
2023 No data No data $9,896,297 No data
2023 No data No data No data No data
2022 No data $20,001 $9,871,439 No data
2021 No data $22,947 $8,327,456 No data
2020 $1 $27,008 $3,657,605 $-27,007
2019 $2,093,827 $1,448,647 $241,270 $645,180
2018 $1,403,946 $1,319,486 $3,439,424 $84,460
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