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Nonprofit · EIN 13-3073995

ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · BRONX, NY 10459

Financials

$714K$667K2023$700K$817K2024
Revenue Expenses · by fiscal year end
Financials of ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$699,734$816,608-$116,874$726,026$2,216,927-$1,490,901
December 31, 2023990$714,173$666,962$47,211$739,700$2,113,727-$1,374,027
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$699,541
Investment income
$193
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$41,725
Salaries, compensation and benefits (total)
$68,886
Professional fundraising fees
$0
Legal fees
$3,450
Accounting fees
$18,741
Depreciation
$14,192
Program services (functional)
$768,787
Management and general (functional)
$47,821

Balance sheet and other

Total assets, start of year
$739,700
Total assets, end of year
$726,026
Total liabilities, end of year
$2,216,927
Net assets, end of year
-$1,490,901
Land, buildings and equipment
$186,555
Net assets without donor restrictions
-$1,490,901
Gross receipts
$699,734
Employees
2
Volunteers
0
Year formed
1980
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.

NameTitleHours / weekCompensationFrom related orgs
SALVATORE GIGANTEVICE PRESIDENT
Trustee or director, Officer
1$0$250,490
SONAL SHAHCONTROLLER
Highest-paid employee
1$0$144,679
ANGELA DAVIS FARRISHEXECUTIVE DIRECTOR
Officer
1$0$34,615
ENRICO BOCCIACHAIR
Trustee or director, Officer
0$0$0
EVELYN VELAZQUEZTREASURER/SECRETARY
Trustee or director, Officer
0$0$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgs
SALVATORE GIGANTEVICE PRESIDE
Trustee or director, Officer
0.3$0$251,995
SONAL SHAHCONTROLLER
Highest-paid employee
0$0$139,248
ENRICO BOCCIACHAIR
Trustee or director, Officer
0.05$0$0
EVELYN VELAZQUEZTREASURER/SE
Trustee or director, Officer
0.05$0$0

Address and contacts

Address (IRS master file)
923 BARRETTO ST, BRONX, NY 10459-4547
Principal officer (990 for 2024)
SALVATORE GIGANTE, 429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455
Signed the 990
SALVATORE GIGANTE, VICE PRESIDENT
Phone
(347) 726-2547
Return prepared by
LIPSKY GOODKIN & CO PC

Mission

PROVIDE HOUSING FOR THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959 IN THE SOUTH BRONX AREA OF NEW YORK CITY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDE HOUSING FOR THE ELDERY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959.
    Expenses $768,787

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
13-3073995
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
1981
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$726,026
Income (IRS master file)
$699,734

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$699,734$816,608$726,026XML
990December 2023$714,173$666,962$739,700XML
990December 2022$772,460$840,253$760,692IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 13-3073995).

Questions about ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC is 13-3073995.
Is ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
Are donations to ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ERMA CAVA 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 ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC 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 ERMA CAVA 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 December 2024.
Who is the principal officer of ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2024 names SALVATORE GIGANTE.
Who are the officers and directors of ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does ERMA CAVA HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $699,734, expenses of $816,608 and total assets of $726,026 at year end.

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