Fiscal year ending 2017. Filed on November 15, 2018.
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 2017 IRS Form 990 filing, Park Housing Development Fund Company Inc., a 501(c)(3) charitable organization, reported compensation for 9 employees. Among the employees shown here, the average compensation is $846,839. The highest compensated employee at Park Housing Development Fund Company Inc. is Michael S Fassler with fiscal year 2017 compensation of $4,250,000.
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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.
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