Nonprofit · EIN 11-3257656
358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $770,242 | $1,021,367 | -$251,125 | $2,600,776 | $6,317,204 | -$3,716,428 |
| December 31, 2023 | 990 | $663,806 | $943,519 | -$279,713 | $2,638,593 | $6,103,896 | -$3,465,303 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $770,195
- Investment income
- $47
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $127,625
- Salaries, compensation and benefits (total)
- $173,824
- Professional fundraising fees
- $0
- Legal fees
- $6,740
- Accounting fees
- $26,740
- Occupancy
- $333,740
- Depreciation
- $135,568
- Program services (functional)
- $835,247
- Management and general (functional)
- $186,120
Balance sheet and other
- Total assets, start of year
- $2,638,593
- Total assets, end of year
- $2,600,776
- Total liabilities, end of year
- $6,317,204
- Net assets, end of year
- -$3,716,428
- Land, buildings and equipment
- $2,195,526
- Net assets without donor restrictions
- -$3,716,428
- Gross receipts
- $770,242
- Employees
- 4
- Volunteers
- 2
- Year formed
- 1995
- 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 |
|---|---|---|---|
| ELLIOTT ROBINSON JR | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| LUCY ALVAREZ | SECRETARY Trustee or director, Officer | 2 | $0 |
| JEFF DUNSTON | EXECUTIVE DI Officer | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ELLIOTT ROBINSON JR | CHAIRMAN Trustee or director, Officer | 4 | $0 |
| JAMES HENRY | SECRETARY/TR Trustee or director, Officer | 2 | $0 |
| MELVIN POPE SR | BOARD MEMBER Trustee or director, Officer | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 132 RALPH AVE, BROOKLYN, NY 11233-1773
- In care of
- % NORTHEAST BROOKLYN HDC
- Principal officer (990 for 2024)
- ELLIOTT ROBINSON JR
- Signed the 990
- ELLIOTT ROBINSON JR, CHAIRMAN
- Phone
- (212) 665-5500
- Return prepared by
- GALLEROS ROBINSON
Mission
THE ORGANIZATION'S MISSION IS TO DEVELOP HOUSING FACILITIES AND SERVICES FOR THE ELDERLY AND HANDICPPAED PERSONS OF LOW-INCOME.
Program accomplishments
- THE ORGANIZATION CONTINUES TO PROVIDES SUPPORTIVE HOUSING TO ITS ELDERLY AND/OR HANDICAPPED TENANTS IN ITS LUCILLE ROSE MANOR APARTMENTS (THE PROJECT). SINCE THE PROJECT WAS DEVELOPED THROUGH A CAPITAL ADVANCE FROM THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT UNDER SECTION 202 OF THE HOUSING ACT OF 1959, THE ORGANIZATION CONTINUES TO OPERATE, MAINTAIN AND MANAGE THE PROJECT IN ACCORDANCE WITH THE REQUIREMENTS OF HUD, SPECIFICALLY IN TERMS OF ADMITTING ELIGIBLE TENANTS ONLY. THROUGH ITS HOUSING ASSISTANCE PAYMENTS (HAP) CONTRACT WITH HUD, THE ORGANIZATION PROCESSED MONTHLY HOUSING ASSISTANCE FROM HUD FOR EACH OF THE TENANTS AND COLLECT THE TENANTS' PORTION OF THE MONTHLY RENT.Expenses $835,247 · revenue $770,195
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
- 11-3257656
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1995
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $2,600,776
- Income (IRS master file)
- $770,242
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $770,242 | $1,021,367 | $2,600,776 | IRS |
| 990 | December 2023 | $663,806 | $943,519 | $2,638,593 | XML |
| 990 | December 2022 | $655,537 | $865,820 | $2,775,673 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 11-3257656).
Questions about 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION is 11-3257656.
- Is 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
- Are donations to 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 358-74 VERNON AVENUE 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 358-74 VERNON AVENUE 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 358-74 VERNON AVENUE 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 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names ELLIOTT ROBINSON JR.
- Who are the officers and directors of 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does 358-74 VERNON AVENUE HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $770,242, expenses of $1,021,367 and total assets of $2,600,776 at year end.
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