Nonprofit · EIN 11-2268359
SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $8,871,617 | $7,179,002 | $1,692,615 | $14,948,957 | $2,895,488 | $12,053,469 |
| December 31, 2023 | 990 | $5,985,423 | $5,880,822 | $104,601 | $14,438,228 | $2,266,304 | $12,171,924 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $4,824,102
- of which government grants
- $4,574,768
- Program service revenue
- $3,860,165
- Investment income
- $67,880
- Other revenue
- $119,470
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $417,328
- Other salaries and wages
- $3,532,617
- Salaries, compensation and benefits (total)
- $4,729,777
- Professional fundraising fees
- $0
- Legal fees
- $3,424
- Accounting fees
- $65,058
- Occupancy
- $494,591
- Travel
- $151,018
- Program services (functional)
- $6,924,175
- Management and general (functional)
- $254,827
Balance sheet and other
- Total assets, start of year
- $14,438,228
- Total assets, end of year
- $14,948,957
- Total liabilities, end of year
- $2,895,488
- Net assets, end of year
- $12,053,469
- Land, buildings and equipment
- $53,611
- Publicly traded securities
- $22,632
- Net assets without donor restrictions
- $12,047,787
- Net assets with donor restrictions
- $5,682
- Gross receipts
- $8,871,617
- Employees
- 79
- Volunteers
- 16
- Year formed
- 1972
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUAN RAMOS | EXECUTIVE DIRECTOR Officer | 40 | $210,778 | $20,221 |
| LENETTE BERRIOS | DEPUTY EXECUTIVE DIRECTOR Officer | 40 | $166,108 | $20,221 |
| SARA FERNANDEZ | FINANCE DIRECTOR Highest-paid employee | 40 | $152,785 | $11,894 |
| ANNETTE ROSADO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAMARIS REYES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAVID LOPEZ | SECRETARY OF THE BOARD Trustee or director, Officer | 0.5 | $0 | $0 |
| GLADYS OGANDO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ISRAEL ROSARIO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| JIM O'SHEA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOE PACHECO | BOARD 1ST VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| MAISHA MORALES | BOARD CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| MALDONADO EUGENIO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARIA OCASIO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARTIN NEEDLEMAN | BOARD 2ND VICE CHAIRPERSON Trustee or director, Officer | 0.5 | $0 | $0 |
| MENDEZ ROSAURA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RAY NARVAEZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| RICARDO MOLINA | BOARD MEMBER Trustee or director | 0.5 | $0 |
| TERESA CRUZ | BOARD MEMBER Trustee or director | 0.5 | $0 |
| YOWALKZ ROSARIO | BOARD MEMBER Trustee or director | 0.5 | $0 |
990 for the year ended December 31, 2023: 17 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JUAN RAMOS | EXECUTIVE DIRECTOR Officer | 0.5 | $191,775 | $17,573 |
| LENETTE BERRIOS | FINANCE DIRECTOR Officer | 0.5 | $154,534 | $17,573 |
| CASSANDRA ACEVEDO | SECRETARY Trustee or director, Officer | 0.5 | $0 | $0 |
| DAVID LOPEZ | CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| RICARDO MOLINA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MAISHA MORALES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| RAY NARVAEZ | VICE CHAIRMAN Trustee or director, Officer | 0.5 | $0 | $0 |
| MARTIN NEEDLEMAN | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| MARIA OCASIO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| GLADYS OGANDO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JIM O'SHEA | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| JOE PACHECO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| DAMARIS REYES | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ANNETTE ROSADO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| ISRAEL ROSARIO | TREASURER Trustee or director, Officer | 0.5 | $0 | $0 |
| YOWALKZ ROSARIO | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
| WILFREDO VARGAS | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 434 SOUTH 5TH STREET, BROOKLYN, NY 11211-1727
- Principal officer (990 for 2024)
- JUAN RAMOS, 434 SOUTH 5TH STREET, BROOKLYN, NY 11211
- Signed the 990
- JUAN RAMOS, EXECUTIVE DIRECTOR
- Phone
- (718) 387-3600
- Website
- SOUTHSIDEUNITEDHDFC.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO CREATE A GROWING AND SATISFAYING COMMUNITY WITH THE INVOLVEMENT AND PARTICIPATION OF THE RESIDENTS OF THE WILLIAMSBURG COMMUNITY IN THE BUILDING OF A MORE HUMANE ENVIRONMENT.
Program accomplishments
- COMMUNITY DEVELOPMENT WITH THE GROWING RATES OF DISPLACEMENTS AND GENTRIFICATION THE ORGANIZATION WAS ABLE TO CONTINUE TO PROVIDE HOUSING FACILITIES TO OVER 120 RESIDENTS IN THE COMMUNITY.COMMUNITY HOUSING RESOURCES THE AGENCY ORGANIZED APPROXIMATELY 600 TENANTS TO OBTAIN BETTER SERVICES FROM THEIR LANDLORDS.HOUSING MANAGEMENT THE ORGANIZATION MANAGES APPROXIMATELY 900 LOW-INCOME DWELLING UNITS TO APPROXIMATELY 900 FAMILIES.SOCIAL SERVICES- THE ORGANIZATION PROVIDED INFORMATION AND REFERRAL SERVICES, ADVOCACY, LOW-INCOME TAX HELP AND MONTHLY GROCERIES TO APPROXIMATELY 700 FAMILIES.Expenses $6,924,175 · revenue $3,979,635
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 11-2268359
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1973
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21B)
- Assets (IRS master file)
- $14,948,957
- Income (IRS master file)
- $8,871,617
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $8,871,617 | $7,179,002 | $14,948,957 | XML |
| 990 | December 2023 | $5,985,423 | $5,880,822 | $14,438,228 | XML |
| 990 | December 2022 | $5,952,196 | $4,577,955 | $10,999,226 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 11-2268359).
Questions about SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION is 11-2268359.
- Is SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1973.
- Are donations to SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names JUAN RAMOS.
- Who are the officers and directors of SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 19 people; 3 received compensation from the organization, the highest $210,778 (JUAN RAMOS, EXECUTIVE DIRECTOR).
- How much revenue does SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $8,871,617, expenses of $7,179,002 and total assets of $14,948,957 at year end.
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