Nonprofit · EIN 11-2614312
FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · HEMPSTEAD, NY 11550
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,790,936 | $875,658 | $915,278 | $5,309,939 | $160,478 | $5,149,461 |
| September 30, 2024 | 990 | $1,781,076 | $798,537 | $982,539 | $4,734,942 | $489,875 | $4,245,067 |
| September 30, 2023 | 990 | $1,593,907 | $785,392 | $808,515 | $4,037,941 | $775,413 | $3,262,528 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $1,295,577
- of which government grants
- $1,295,577
- Program service revenue
- $351,337
- Investment income
- $141,116
- Other revenue
- $2,906
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $24,089
- Accounting fees
- $46,100
- Occupancy
- $111,067
- Depreciation
- $69,410
- Program services (functional)
- $613,453
- Management and general (functional)
- $262,205
Balance sheet and other
- Total assets, start of year
- $4,734,942
- Total assets, end of year
- $5,309,939
- Total liabilities, end of year
- $160,478
- Net assets, end of year
- $5,149,461
- Land, buildings and equipment
- $1,646,037
- Net assets without donor restrictions
- $5,149,461
- Gross receipts
- $2,480,016
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1983
- 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 September 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN KRESSEL ESQUIRE | TREASURER/PRESIDENT Trustee or director, Officer | 1 | $0 |
| KATHERINE MCDONALD | SECRETARY Trustee or director, Officer | 1 | $0 |
| REVEREND EDWARD BARNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND FATHER BRIAN BARRY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH CARASELLA | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER A CRUSCO ESQUIRE | BOARD MEMBER Trustee or director | 1 | $0 |
| LYNN CONNOLLY | BOARD MEMBER Trustee or director | 1 | $0 |
| MR DANNY GASTELUA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANITA GODFREY | BOARD MEMBER Trustee or director | 1 | $0 |
| GAIL JEBY LEVY | BOARD MEMBER Trustee or director | 1 | $0 |
| MS PRUDENCE MANALAKOS | BOARD MEMBER Trustee or director | 1 | $0 |
| MSGR MARK ROWAN | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS SATTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| RABBI MOSHE WEISBLUM | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND DR CLAIRE HOJUNG WU | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2024: 16 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| STEPHEN KRESSEL ESQUIRE | TREASURER/PRESIDENT Trustee or director, Officer | 1 | $0 |
| KATHERINE MCDONALD | SECRETARY Trustee or director, Officer | 1 | $0 |
| REVEREND EDWARD BARNETT | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND FATHER BRIAN BARRY | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH CAROSELLA | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER A CARUSO ESQUIRE | BOARD MEMBER Trustee or director | 1 | $0 |
| LYNN CONNOLLY | BOARD MEMBER Trustee or director | 1 | $0 |
| MR DANNY GASTELUA | BOARD MEMBER Trustee or director | 1 | $0 |
| ANITA GODFREY | BOARD MEMBER Trustee or director | 1 | $0 |
| GAIL JEBY-LEVY | BOARD MEMBER Trustee or director | 1 | $0 |
| MS PRUDENCE MANOLAKES | BOARD MEMBER Trustee or director | 1 | $0 |
| MSGR MARK ROWAN | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM SATTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND ROBERT WEBER | BOARD MEMBER THRU 5/24 Trustee or director | 1 | $0 |
| RABBI MOSHE WEISBLUM | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND DE CLAIRE WU | BOARD MEMBER Trustee or director | 1 | $0 |
990 for the year ended September 30, 2023: 14 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ANITA GODFREY | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND ROBERT WEBER | BOARD MEMBER Trustee or director | 1 | $0 |
| MS PRUDENCE MANOLAKES | BOARD MEMBER Trustee or director | 1 | $0 |
| PETER A CARUSO ESQUIRE | BOARD MEMBER Trustee or director | 1 | $0 |
| RABBI MOSHE WEISBLUM | BOARD MEMBER Trustee or director | 1 | $0 |
| REVEREND JOSEPH EWOODSIE | BOARD MEMBER Trustee or director | 1 | $0 |
| TOM SATTLER | BOARD MEMBER Trustee or director | 1 | $0 |
| JOSEPH CAROSELLA | BOARD MEMBER Trustee or director | 1 | $0 |
| LYNN CONNOLLY | BOARD MEMBER Trustee or director | 1 | $0 |
| MR DANNY GASTELUA | BOARD MEMBER Trustee or director | 1 | $0 |
| MR JOSEPH MEARES ESQUIRE | BOARD MEMBER Trustee or director | 1 | $0 |
| GAIL JEBY-LEVY | BOARD MEMBER Trustee or director | 1 | $0 |
| KATHERINE MC DONALD | SECRETARY Trustee or director, Officer | 1 | $0 |
| STEPHEN KRESSEL ESQUIRE | TREASURER/PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- CO STANAN MANAGEMENT 33 FRONT ST, HEMPSTEAD, NY 11550-0000
- In care of
- % STANAN MANAGEMENT
- Principal officer (990 for 2024)
- STEPHEN KRESSEL, 14 BELLAIRE ROAD, MASSAPEQUA, NY 11758
- Signed the 990
- STEPHEN KRESSEL, PRESIDENT
- Phone
- (516) 486-1000
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
THE COMPANY HAS BEEN ORGANIZED EXCLUSIVELY TO DEVELOP ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS, WHICH PROJECT IS TO BE AIDED BY A FEDERALLY-AIDED MORTGAGE, STATE-AIDED MORTGAGE OR MUNICIPALLY-AIDED MORTGAGE AS DEFINED IN SECTION 572 OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK.
Program accomplishments
- THE COMPANY PROVIDES HOUSING FOR THE ELDERLY AND HANDICAPPED. HUD PROJECT NUMBER 012 EH 288 IS AN 80-UNIT APARTMENT FACILITY, LOCATED IN FARMINGDALE, NEW YORK. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND IS REGULATED BY U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS.THE PROJECT ALSO IS SUBJECT TO SECTION 8 HOUSING ASSISTANCE PAYMENTS (HAP) AGREEMENTS WITH HUD, AND A SIGNIFICANT PORTION OF THE PROJECT'S RENTAL INCOME IS RECEIVED FROM HUD.Expenses $613,453 · revenue $351,337
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 September, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 11-2614312
- 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
- 1983
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21Z)
- Assets (IRS master file)
- $5,309,939
- Income (IRS master file)
- $2,480,016
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,790,936 | $875,658 | $5,309,939 | XML |
| 990 | September 2024 | $1,781,076 | $798,537 | $4,734,942 | XML |
| 990 | September 2023 | $1,593,907 | $785,392 | $4,037,941 | XML |
| 990 | September 2022 | $1,487,868 | $785,090 | $3,536,925 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 11-2614312).
Questions about FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC is 11-2614312.
- Is FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1983.
- Are donations to FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY 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 FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended September 2025.
- Who is the principal officer of FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended September 30, 2025 names STEPHEN KRESSEL.
- Who are the officers and directors of FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended September 30, 2025 lists 15 people; 0 received compensation from the organization.
- How much revenue does FARMINGDALE HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,790,936, expenses of $875,658 and total assets of $5,309,939 at year end.
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