NonprofitsHousing Alternatives Development Company

Housing & Shelter

Housing Alternatives Development Company

DEEPHAVEN, MN

Total revenue

$9.2M

Total expenses

$7.0M

Net assets

$6.6M

Grants received

EIN

411670818

Tax year

2023

Mission

Owns, manages, and operates low to moderate income housing and senior housing.

Financials

FY 2023

Revenue

Contributions & grants$2.1M
Program service revenue$6.8M
Investment income$348K
Other revenue
Total revenue$9.2M

Expenses

Grants paid$2K
Salaries & benefits$3.6M
Fundraising
Other expenses$3.4M
Total expenses$7.0M
Total assets$22.5M
Net assets$6.6M

People

7 listed

NameRoleCompensation

Paul Abzug

CEO/President

Board

$350K

45 hrs/wk

Brian Weisberg

Treasurer

Board

$12K

1.5 hrs/wk

William Hyers

Secretary

Board

$12K

1.5 hrs/wk

Curtis Geissler

Chairman

Board

$12K

1.5 hrs/wk

Shauna Johnson

Administration/HR

Staff

$184K

40 hrs/wk

Terri Langevin

Assisted Living Director

Staff

$108K

40 hrs/wk

Julie Jones

Clinical Nurse Supervisor

Staff

$106K

40 hrs/wk

Details

EIN411670818
NTEE codeL20
Subsection03
Ruling date1991-03
Formed1997
Employees288
Volunteers25
HOUSING ALTERNATIVES DEVELOPMENT COMPANY — Mission, Financials & Grants Received | Grantivo