NonprofitsProvidence Housing Development Corporation

Housing & Shelter

Providence Housing Development Corporation

ROCHESTER, NY

Total revenue

$7.7M

Total expenses

$6.1M

Net assets

$11.9M

Grants received

$286K

5 grants

EIN

223311544

Tax year

2024

Mission

Create affordable housing for low income households.

Programs

3 programs

The Property Management Department provides full property management services to 1,238 units of affordable housing in 30 properties. The organization's service area encompasses the 12-county region contained within the Diocese of Rochester. The department manages low-income housing for families, seniors and special needs populations. The properties are managed under various affordable housing programs including Low Income Housing Tax Credit, HOME and AHP. Our professional expertise encompasses such areas as physical asset management and maintenance, marketing and leasing, financial reporting and controls, and administration.

Expenses: $723K

Providence's property development department provides real estate development services to create and preserve affordable housing for low and moderate-income families, seniors, and special needs populations. Providence develops affordable housing it owns and manages directly and works collaboratively with social service agencies to create permanent supportive housing. Providence also provides real estate development consulting services. Providence is experienced in a wide array of federal, state, and municipal capital funding programs, including LIHTC, HTF/HOME, FHLB, RD and HUD programs.

Expenses: $845K

All other programs.

Expenses: $225K

Financials

FY 2024

Revenue

Contributions & grants$3.4M
Program service revenue$4.0M
Investment income$109K
Other revenue$175K
Total revenue$7.7M

Expenses

Grants paid$2.7M
Salaries & benefits$2.2M
Fundraising
Other expenses$1.3M
Total expenses$6.1M
Total assets$14.8M
Net assets$11.9M

People

15 listed

NameRoleCompensation

Daniel Sturgis

Chief Financial Officer

Board

$155K

35 hrs/wk

Helen Bianchi

Vice President of Property

Board

$144K

35 hrs/wk

Mark Greisberger

Executive Director

Board

$66K

35 hrs/wk

Fr Joseph Hart

President

Board

0.4 hrs/wk

Ronald W Hughes

Board Member

Board

0.4 hrs/wk

Katherine Karl Esq

Board Member

Board

0.4 hrs/wk

Karen Dehais

Board Member

Board

0.4 hrs/wk

Frederick A Herman

Treasurer

Board

0.4 hrs/wk

Patricia Neal

Board Member

Board

0.4 hrs/wk

Nancy J Koons

Board Member

Board

0.4 hrs/wk

Steven E Agan Esq

Board Member

Board

0.4 hrs/wk

Dorian Leander Hall

Board Member

Board

0.4 hrs/wk

Timothy R Dollinger

Board Member

Board

0.4 hrs/wk

Daniel Saperstone

Board Member

Board

0.4 hrs/wk

Lisa M Passero CPA

Board Member

Board

0.4 hrs/wk

Independent contractors

Heveron & Company

Auditing Services

$192K

Grants received

Showing 5 of 5

FromAmountPurposeYear
$19K
ALLOCATION, DONOR DESIGNATION
2024
$166K
DOOR OF HOPE
2023
$32K
RENT RELIEF FUND RAISING CAMPAIGN FOR LOW-INCOME RESIDENTS
2023
$45K
CAPACITY BUILDING
2022
$25K
COMMUNITY PRESERVATION AND DEVELOPMENT
2021

Funded by

$286K from 4 funders · 5 grants · 2021–2024

Esl Charitable Foundation

$166K · 1 grant · 2023

Enterprise Community Partners Inc

$70K · 2 grants · 2021–2022

Rush Corporation

$32K · 1 grant · 2023

Details

EIN223311544
NTEE codeL21
Subsection03
Ruling date1946-03
Formed1994
Employees102
Volunteers140
PROVIDENCE HOUSING DEVELOPMENT CORPORATION — Mission, Financials & Grants Received | Grantivo