Nonprofit · EIN 14-1548784
VARICK HOMES HOUSING DEV FUND INC
Tax-exempt · NEWBURGH, NY 12550
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| February 28, 2025 | 990 | $2,150,951 | $2,230,229 | -$79,278 | $5,118,942 | $419,375 | $4,699,567 |
| February 29, 2024 | 990 | $2,229,231 | $1,864,362 | $364,869 | $5,130,143 | $351,298 | $4,778,845 |
| February 28, 2023 | 990 | $1,980,755 | $2,401,924 | -$421,169 | $4,813,689 | $399,713 | $4,413,976 |
Financial details: 990 for the year ended February 28, 2025
Revenue
- Contributions, gifts and grants
- $1,136,357
- of which government grants
- $1,136,357
- Program service revenue
- $982,995
- Investment income
- $0
- Other revenue
- $31,599
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,474
- Accounting fees
- $18,430
- Occupancy
- $841,362
- Travel
- $2,788
- Depreciation
- $138,961
- Program services (functional)
- $1,584,029
- Management and general (functional)
- $646,200
Balance sheet and other
- Total assets, start of year
- $5,130,143
- Total assets, end of year
- $5,118,942
- Total liabilities, end of year
- $419,375
- Net assets, end of year
- $4,699,567
- Land, buildings and equipment
- $359,791
- Net assets without donor restrictions
- $4,699,567
- Gross receipts
- $2,150,951
- Employees
- 0
- Volunteers
- 4
- Year formed
- 1968
- 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 February 28, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EBONY PERTERSON-ANDERSON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| RIKI PETERSON-JICHA | VICE-PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| ONYX PETERSON | TREASURER Trustee or director, Officer | 15 | $0 |
| RICHARD PERTERSON III | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended February 29, 2024: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EBONY PERTERSON-ANDERSON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| RIKI PETERSON-JICHA | VICE-PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| ONYX PETERSON | TREASURER Trustee or director, Officer | 15 | $0 |
| RICHARD PERTERSON III | DIRECTOR Trustee or director | 5 | $0 |
990 for the year ended February 28, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| EBONY PERTERSON-ANDERSON | PRESIDENT Trustee or director, Officer | 15 | $0 |
| RIKI PETERSON-JICHA | VICE-PRESIDENT/SECRETARY Trustee or director, Officer | 5 | $0 |
| ONYX PETERSON | TREASURER Trustee or director, Officer | 15 | $0 |
| RICHARD PERTERSON III | DIRECTOR Trustee or director | 5 | $0 |
Address and contacts
- Address (IRS master file)
- 121A VARICK HOMES, NEWBURGH, NY 12550-4661
- In care of
- % ARCO MGMT
- Principal officer (990 for 2024)
- EBONY PETERSON ANDERSON, 121-A VARICK HOMES, NEWBURGH, NY 12550
- Signed the 990
- ONYX PETERSON, TREASURER
- Phone
- (845) 368-2400
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
VARICK-PETERSON HOUSING DEVELOPMENT FUND COMPANY, INC. (THE"ENTITY") OPERATES A 122-UNIT RESIDENTIAL APARTMENT BUILDING COMPLEX IN NEWBURGH, NEW YORK UNDER SECTION 215 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPT. OF HOUSING & URBAN DEVELOPMENT.
Program accomplishments
- OPERATION OF A RESIDENTIAL APARTMENT COMPLEX CONSISTING OF 122 RENTAL UNITS IN NEWBURGH, NEW YORK.Expenses $1,584,029 · revenue $982,995
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 February, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | February 28, 2026 | July 15, 2026 | Not on file |
| 2024 | February 28, 2025 | July 15, 2025 | 990 on file |
| 2023 | February 29, 2024 | July 15, 2024 | 990 on file |
IRS record
- EIN
- 14-1548784
- 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
- 2004
- Accounting year ends
- February
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $5,118,942
- Income (IRS master file)
- $2,150,951
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | February 2025 | $2,150,951 | $2,230,229 | $5,118,942 | XML |
| 990 | February 2024 | $2,229,231 | $1,864,362 | $5,130,143 | XML |
| 990 | February 2023 | $1,980,755 | $2,401,924 | $4,813,689 | XML |
| 990 | February 2022 | $1,938,262 | $1,826,882 | $5,313,425 | IRS |
| 990 | February 2020 | – | – | – | IRS |
| 990 | February 2019 | – | – | – | 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 14-1548784).
Questions about VARICK HOMES HOUSING DEV FUND INC
- What is the EIN of VARICK HOMES HOUSING DEV FUND INC?
- The employer identification number (EIN) of VARICK HOMES HOUSING DEV FUND INC is 14-1548784.
- Is VARICK HOMES HOUSING DEV FUND INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to VARICK HOMES HOUSING DEV FUND INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does VARICK HOMES HOUSING DEV FUND 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 VARICK HOMES HOUSING DEV FUND INC due?
- The return for tax year 2025 (the year ending February 28, 2026) is due July 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did VARICK HOMES HOUSING DEV FUND INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended February 2025.
- Who is the principal officer of VARICK HOMES HOUSING DEV FUND INC?
- The 990 for the year ended February 28, 2025 names EBONY PETERSON ANDERSON.
- Who are the officers and directors of VARICK HOMES HOUSING DEV FUND INC?
- The 990 for the year ended February 28, 2025 lists 4 people; 0 received compensation from the organization.
- How much revenue does VARICK HOMES HOUSING DEV FUND INC have?
- On its 990 for the year ended February 28, 2025 it reported revenue of $2,150,951, expenses of $2,230,229 and total assets of $5,118,942 at year end.
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