TO SERVE AS THE DEVELOPER FOR SHALOM TOWERS INC, A NEW JERSEY NONPROFIT CORPORATION, AND OTHERWISE ASSIST SHALOM TOWERS INC WITH RESPECT TO THE OWNERSHIP, FINANCING, REHABILITATION, RENOVATION, MAINTENANCE AND/OR OPERATION OF A 150 UNIT SENIOR CITIZEN RENTAL APARTMENT PROJECT OWNED BY SHALOM TOWERS INC, KNOW AS "SHALOM HOUSE AND LOCATED IN VENTNOR CITY, NEW JERSEY, AND IN CONNECTION THEREWITH TO BE PAID A DEVELOPMENT FEE FOR SUCH SERVICES. AND TO PROVIDE SUPPORT FOR OTHER NON-PROFIT ORGANIZATIONS IN THE LOCAL COMMUNITY.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$1.7M
+9.9% YoY
Revenue
$60K
-24.3% YoY
Net Investment Income
$60K
-24.3% YoY
Expenses
$26K
-74.5% YoY
About Shalom Housing Development Inc
Based on IRS filings
Shalom Housing Development Inc is a nonprofit organization focused on Housing & Shelter, based in PLEASANTVILLE, NJ. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.7M in total assets. Net investment income was $60K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $1,706,741 | $1,552,449 | $1,459,497 |
| Revenue | $59,911 | $79,107 | $41,871 |
| Expenses | $26,283 | $103,270 | $44,807 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $59,911 | $79,107 | $41,871 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2025
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| YALE STEINGARD | TRUSTEE/PRESIDENT/TREASURE | 2 | — |
| ELLIOTT KRAUS | TRUSTEE/VICE PRESIDENT | 2 | — |
| FAYE THOMPSON | TRUSTEE/SECRETARY | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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