Nonprofit · EIN 13-3496091
HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BRONX, NY 10452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $10,272,483 | $12,040,368 | -$1,767,885 | $40,095,074 | $97,601,969 | -$57,506,895 |
| December 31, 2023 | 990 | $10,099,295 | $11,438,114 | -$1,338,819 | $38,809,184 | $94,544,833 | -$55,735,649 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $10,087,080
- Investment income
- $185,403
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $162,408
- Other salaries and wages
- $2,355,719
- Salaries, compensation and benefits (total)
- $3,522,312
- Professional fundraising fees
- $0
- Legal fees
- $82,189
- Accounting fees
- $71,496
- Occupancy
- $3,975,455
- Travel
- $7,792
- Depreciation
- $326,661
- Program services (functional)
- $10,258,260
- Management and general (functional)
- $1,782,108
Balance sheet and other
- Total assets, start of year
- $38,809,184
- Total assets, end of year
- $40,095,074
- Total liabilities, end of year
- $97,601,969
- Net assets, end of year
- -$57,506,895
- Land, buildings and equipment
- $14,165,978
- Net assets without donor restrictions
- -$57,506,895
- Gross receipts
- $10,272,483
- Employees
- 41
- Volunteers
- 0
- Year formed
- 1989
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 1 | $0 | $311,847 | $9,381 |
| DONNA SMITH | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $184,239 | $12,646 |
| MSGR DONALD SAKANO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| REV MARK CREGAN | VICE PRESIDENT/TREASURER Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| KENNETH P BROWNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| REVFRJOSE R CRUZ | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| REV JOSEPH FRANCO | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| BEATRIZ DIAZ TAVERAS | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| ROSANNA VIERA | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 1 | $0 | $306,737 | $26,460 |
| DONNA SMITH | CHIEF FINANCIAL OFFICER Officer | 1 | $0 | $49,735 | $3,711 |
| MSGR DONALD SAKANO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
| REV MARK CREGAN | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| KENNETH P BROWNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| REV JOSEPH FRANCO | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
| KEN SINGLETON | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1465 NELSON DR, BRONX, NY 10452-1758
- Principal officer (990 for 2024)
- KOBINA ARHIN, 1465 NELSON AVENUE A, BRONX, NY 10452
- Signed the 990
- KOBINA ARHIN, CEO
- Phone
- (718) 293-3100
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
PROVIDE LOW INCOME HOUSING IN HIGHBRIDGE SECTION OF BRONX, NY.
Program accomplishments
- HCHDFC OPERATED A 722-APARTMENT-UNIT PROJECT FOR HOMELESS, LOW-INCOME, AND MODERATE-INCOME FAMILIES IN THE BRONX, NEW YORK. THE ORGANIZATION ALSO ENGAGED IN THE DEVELOPMENT AND MARKETING OF TWO-FAMILY HOMES AND IS LEASING LAND FOR DEVELOPMENT IN THE BRONX, NEW YORK.Expenses $10,258,260 · grants $162,408 · revenue $10,087,080
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
- 13-3496091
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $40,095,074
- Income (IRS master file)
- $10,272,483
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $10,272,483 | $12,040,368 | $40,095,074 | XML |
| 990 | December 2023 | $10,099,295 | $11,438,114 | $38,809,184 | XML |
| 990 | December 2022 | $9,848,134 | $11,777,642 | $37,644,757 | 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 13-3496091).
Questions about HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION is 13-3496091.
- Is HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HIGHBRIDGE COMMUNITY 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 HIGHBRIDGE COMMUNITY 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 HIGHBRIDGE COMMUNITY 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 HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names KOBINA ARHIN.
- Who are the officers and directors of HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $10,272,483, expenses of $12,040,368 and total assets of $40,095,074 at year end.
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