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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Recreation & Sports Park Housing Development Fund Company Inc.

Park Housing Development Fund Company Inc.

Fiscal year ending 2016. Filed on November 15, 2017.

1733 Eastchester Road
Bronx, New York 10461

Park Housing Development Fund Company Inc. (EIN: 13-3566484) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Park Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 7 employees. Among the employees shown here, the average compensation is $649,663. The highest compensated employee at Park Housing Development Fund Company Inc. is Ira Green with fiscal year 2016 compensation of $1,180,422.

Revenue, expenses, and employee compensation

Revenue

$1,001,561

Expenses

$1,228,816

Employee compensation

$306,752
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Ira Green
SR Vp/Cfo (Term 5/31/16)
$1,180,422
$0 $1,113,082 $67,340
Paul Rosenfeld
Executive Vice President LONG TERM CARE
$920,051
$0 $805,699 $114,352
Michael S Fassler
President/Ceo (Term 3/18/16)
$492,816
$0 $463,736 $29,080
Mary Shinham
Chief Financial Officer
$452,783
$0 $424,284 $28,499
Benjamin C Duster IV
Interim Chief Executive Officer
$430,174
$0 $430,174 No other comp
Stephen B Mann
Treas/Svp-Administr (Term 6/16/16)
$421,733
$0 $404,139 $17,594
Louis Longo
Interim CFO (Term 8/11/16)
$0

Benchmark Employee Compensation

Non-Employee Board Members

Edwin H Stern III
Chair
Ercillia Carela
Director
Michael R Potack
Vice Chair
Paul Gallese
Interim CEO (Term 8/11/16)
Robert Levine
Director

Contractors

Alpine Construction Services
Construction
$498,900

Mission Statement

SEE SCHEDULE OPARK HOUSING DEVELOPMENT FUND HOUSING IS A 94 UNIT APARTMENT RESIDENCE WHICH PARTICIPATES IN THE UNITED STATES HOUSING AND URBAN DEVELOPMENT SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM WHICH IS THE ONLY FEDERALLY FUNDED HOUSING PROGRAM DESIGNED SPECIFICALLY FOR OLDER PERSONS. ELIGIBILITY FOR RESIDENCE IS RESTRICTED USUALLY TO PERSONS WHO ARE AT LEAST 62 YEARS OF AGE AND HAVE INCOMES BELOW 50 PERCENT OF THEIR AREA'S MEDIAN INCOME. APARTMENTS HAVE SPECIAL FEATURES SUCH AS GRAB BARS, AND RAMPS TO HELP OLDER PERSONS REMAIN SAFER AND MORE INDEPENDENT AS THEY AGE. PARK HOUSING DEVELOPMENT FUND COMPANY'S GOAL IS TO PROVIDE AFFORDABLE HOUSING TO THE LOW INCOME, ELDERLY AND DISABLED POPULATION OF THE COMMUNITY.

Revisions to this organization profile

October 24, 2025:
2024 Park Housing Development Fund Company Inc. 990 filed
November 12, 2024:
2023 Park Housing Development Fund Company Inc. 990 filed
November 13, 2023:
2022 Park Housing Development Fund Company Inc. 990 filed

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