Public Charity

SOMALTOW HOUSING COMPANY INC

SOMALTOW HOUSING COMPANY INC is a nonprofit organization categorized as Public Charity based in ALBANY, NY. Its most recent IRS filing (2024) reports revenue of $4.6M, expenses of $5.1M, total assets of $11.9M. Imperigo tracks 1 reported grant relationships connected to this organization totaling approximately $24K.

EIN: 237120738 ALBANY, NY Latest filing: 2024
Total Revenue$4.6M
Total Expenses$5.1M
Total Assets$11.9M
Grant Records1
Funding Total$24K
Filing Years2019–2024

Mission

TO PROVIDE HOUSING AND AUXILIARY FACILITIES FOR AGED PERSONS OF LOW INCOME, AND TO THIS END TO PLAN, ACQUIRE, CONSTRUCT, OWN, MAINTAIN AND OPERATE SUCH HOUSING AND AUXILIARY FACILITIES.

Sample Grants Received

2022
FOR RECIPIENT'S EXEMPT PURPOSE
$24,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

DIRECTOR Adam Lasek
DIRECTOR Caren Hicks
SECRETARY Eric Sprague
PRESIDENT Gary Hallock
TREASURER John Saburro
EXECUTIVE DIRECTOR Kimberly Hansen

Officer compensation and complete director data available with membership.

Top Grant Purposes

FOR RECIPIENT'S EXEMPT PURPOSE
$24,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $4.6M $5.1M $11.9M
2023 $4.4M $4.8M $12.3M
2022 $3.1M $3.8M $18.9M
2020 $2.8M $3.6M $21.2M
2019 $2.8M $3.5M $22.0M

Between 2019 and 2024, reported annual revenue grew from $2.8M to $4.6M (+61%), with total assets most recently reported at $11.9M.

Interactive year-over-year charts and full filing details available with membership.

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