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Nonprofit · EIN 11-2377688

VALLEY DREAM HOUSING CO INC

Tax-exempt (reinstated) · VALLEY STREAM, NY 11580

Financials

$2.9M$2.5M2023$3.4M$2.7M2024$4.3M$2.8M2025
Revenue Expenses · by fiscal year end
Financials of VALLEY DREAM HOUSING CO INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2026990$4,333,863$2,835,611$1,498,252$25,260,665$2,218,874$23,041,791
March 31, 2025990$3,430,896$2,684,067$746,829$23,950,752$2,419,222$21,531,530
March 31, 2024990$2,852,304$2,485,030$367,274$23,177,173$2,366,435$20,810,738
Financial details: 990 for the year ended March 31, 2026

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,847,529
Investment income
$1,450,771
Net gain from sales of assets
$1,001,113
Other revenue
$35,563

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$103,888
Other salaries and wages
$229,717
Salaries, compensation and benefits (total)
$511,373
Professional fundraising fees
$0
Legal fees
$2,371
Accounting fees
$17,000
Occupancy
$845,954
Depreciation
$384,323
Program services (functional)
$2,574,433
Management and general (functional)
$261,178

Balance sheet and other

Total assets, start of year
$23,950,752
Total assets, end of year
$25,260,665
Total liabilities, end of year
$2,218,874
Net assets, end of year
$23,041,791
Land, buildings and equipment
$4,078,682
Publicly traded securities
$18,636,327
Gross receipts
$6,444,329
Employees
0
Year formed
1974
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 March 31, 2026, highest compensation first.

NameTitleHours / weekCompensation
SISTER MARGIE KELLYPRESIDENT
Trustee or director, Officer
1$0
WILLIAM HARTMANNVICE PRESIDENT
Trustee or director, Officer
1$0
RISA SPRITZERTREASUER
Trustee or director, Officer
1$0
EILEEN DEROSA-SUNSHINESECRETARY
Trustee or director, Officer
1$0
ALEX RIVERODIRECTOR
Trustee or director
1$0
KATHLEEN F LAMARDIRECTOR
Trustee or director
1$0
REVEREND EUMIN KIMDIRECTOR
Trustee or director
1$0
SANDRA SHANHAIDIRECTOR
Trustee or director
1$0
CHRISTIAN SALCEDODIRECTOR
Trustee or director
1$0
JUAN SALMONDIRECTOR
Trustee or director
1$0
PAMELA CAPPIELLOEXECUTIVE DIRECTOR
Officer, Highest-paid employee
45$0
990 for the year ended March 31, 2025: 8 people
NameTitleHours / weekCompensation
PAMELA CAPPIELLOEXECUTIVE DIRECTOR
Officer, Highest-paid employee
45$102,198
SISTER MARGIE KELLYPRESIDENT
Trustee or director, Officer
1$0
WILLIAM HARTMANNVICE PRESIDENT
Trustee or director, Officer
1$0
RISA SPRITZERTREASUER
Trustee or director, Officer
1$0
EILEEN DEROSA-SUNSHINESECRETARY
Trustee or director, Officer
1$0
DEACON CLYDE RUGGIERIDIRECTOR
Trustee or director
1$0
ALEX RIVERODIRECTOR
Trustee or director
1$0
KATHLEEN F LAMARDIRECTOR
Trustee or director
1$0
990 for the year ended March 31, 2024: 8 people
NameTitleHours / weekCompensation
PAMELA CAPPIELLOEXECUTIVE DIRECTOR
Officer, Highest-paid employee
45$95,548
SISTER MARGIE KELLYPRESIDENT
Trustee or director, Officer
1$0
WILLIAM HARTMANNVICE PRESIDENT
Trustee or director, Officer
1$0
RISA SPRITZERTREASUER
Trustee or director, Officer
1$0
EILEEN DEROSA-SUNSHINESECRETARY
Trustee or director, Officer
1$0
DEACON CLYDE RUGGIERIDIRECTOR
Trustee or director
1$0
ALEX RIVERODIRECTOR
Trustee or director
1$0
KATHLEEN F LAMARDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
100 HICKS STREET, VALLEY STREAM, NY 11580-5604
In care of
% LUCILLE M MORAN
Principal officer (990 for 2025)
PAM CAPPIELLO, 100 HICKS STREET, VALLEY STREAM, NY 11580
Signed the 990
PAM CAPPIELLO, EXECUTIVE DIRECTOR
Return prepared by
CELLA & MELCHIORRE ACCOUNTING & TAX SERVICES INC

Mission

THE PURPOSE OF THIS CORPORATION SHALL BE TO FURNISH RESIDENTIAL APARTMENT HOUSING TO LOW AND MODERATE INCOME SENIOR CITIZENS IN THE VILLAGE OF VALLEY STREAM.

990 for the year ended March 31, 2026

Program accomplishments

  • THE ORGANIZATION PROVIDES 191 LOW-INCOME SENIORS 62 AND OVER WITH APARTMENTS IN THE INCORORATED VILLAGE OF VALLEY STREAM, NY WITH ELIGIBILITY DETERMINED BY HUD U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026990 on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
11-2377688
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2017
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$25,260,665
Income (IRS master file)
$6,444,329

Revocation and reinstatement

Exemption revoked
August 15, 2010
Posted by the IRS
May 10, 2017
Reinstated
Effective August 15, 2010

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2026$4,333,863$2,835,611$25,260,665XML
990March 2025$3,430,896$2,684,067$23,950,752XML
990March 2024$2,852,304$2,485,030$23,177,173XML
990March 2023$2,963,819$2,518,729$21,422,097IRS
990March 2022–––IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––IRS
990March 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 11-2377688).

Questions about VALLEY DREAM HOUSING CO INC

What is the EIN of VALLEY DREAM HOUSING CO INC?
The employer identification number (EIN) of VALLEY DREAM HOUSING CO INC is 11-2377688.
Is VALLEY DREAM HOUSING CO INC tax-exempt?
Yes. The IRS revoked its exemption on August 15, 2010 and reinstated it effective August 15, 2010.
Are donations to VALLEY DREAM HOUSING CO INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does VALLEY DREAM HOUSING CO INC 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 VALLEY DREAM HOUSING CO INC due?
The return for tax year 2026 (the year ending March 31, 2027) is due August 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did VALLEY DREAM HOUSING CO INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2026.
Who is the principal officer of VALLEY DREAM HOUSING CO INC?
The 990 for the year ended March 31, 2026 names PAM CAPPIELLO.
Who are the officers and directors of VALLEY DREAM HOUSING CO INC?
The 990 for the year ended March 31, 2026 lists 11 people; 0 received compensation from the organization.
How much revenue does VALLEY DREAM HOUSING CO INC have?
On its 990 for the year ended March 31, 2026 it reported revenue of $4,333,863, expenses of $2,835,611 and total assets of $25,260,665 at year end.

Other nonprofits in VALLEY STREAM

All nonprofits in VALLEY STREAM · New York · Housing and shelter