Nonprofit · EIN 16-1522028
DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · ALBANY, NY 12210
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $224,276 | $240,829 | -$16,553 | $185,852 | $33,227 | $152,625 |
| December 31, 2024 | 990 | $195,748 | $258,274 | -$62,526 | $214,482 | $45,304 | $169,178 |
| December 31, 2023 | 990 | $158,870 | $238,473 | -$79,603 | $260,317 | $28,613 | $231,704 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $208,605
- Investment income
- $203
- Other revenue
- $15,468
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $45,311
- Salaries, compensation and benefits (total)
- $49,502
- Professional fundraising fees
- $0
- Legal fees
- $1,114
- Occupancy
- $19,974
- Depreciation
- $50,953
- Program services (functional)
- $170,339
- Management and general (functional)
- $70,490
Balance sheet and other
- Total assets, start of year
- $214,482
- Total assets, end of year
- $185,852
- Total liabilities, end of year
- $33,227
- Net assets, end of year
- $152,625
- Land, buildings and equipment
- $44,725
- Net assets without donor restrictions
- $152,625
- Gross receipts
- $224,276
- Employees
- 2
- Volunteers
- 0
- Year formed
- 1997
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MINISTER WANDA FEASTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BETHANY CALDWELL | TREASURER Trustee or director, Officer | 1 | $0 |
| OPAL RIVERA | SECRETARY Trustee or director, Officer | 1 | $0 |
| ARLENE WAY | DIRECTOR Trustee or director | 1 | $0 |
| PAM DICKENSON | DIRECTOR Trustee or director | 1 | $0 |
| JUDYTH AVERY | DIRECTOR Trustee or director | 1 | $0 |
| DAVIA STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| RONDELL THOMAS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| MINISTER WANDA FEASTER | VICE PRESIDENT Trustee or director, Officer | 1 | $0 |
| BETHANY CALDWELL | TREASURER Trustee or director, Officer | 1 | $0 |
| OPAL RIVERA | SECRETARY Trustee or director, Officer | 1 | $0 |
| ARLENE WAY | DIRECTOR Trustee or director | 1 | $0 |
| PAM DICKENSON | DIRECTOR Trustee or director | 1 | $0 |
| JUDYTH AVERY | DIRECTOR Trustee or director | 1 | $0 |
| DAVIA STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| RONDELL THOMAS | DIRECTOR Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SHARON SMITH | PRESIDENT Trustee or director, Officer | 1 | $0 |
| PAM DICKENSON | DIRECTOR Trustee or director | 1 | $0 |
| DAVIA STEVENS | DIRECTOR Trustee or director | 1 | $0 |
| BETHANY CALDWELL | TREASURER Trustee or director, Officer | 1 | $0 |
| JUDYTH AVERY | DIRECTOR Trustee or director | 1 | $0 |
| WANDA FEASTER | DIRECTOR Trustee or director | 1 | $0 |
| ARLENE WAY | DIRECTOR Trustee or director | 1 | $0 |
| OPAL RIVERA | DIRECTOR Trustee or director | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 112 2ND STREET, ALBANY, NY 12210-2592
- In care of
- % MARY COLEMAN
- Principal officer (990 for 2025)
- SHARON SMITH, 112 2ND STREET, ALBANY, NY 12210
- Signed the 990
- SHARON SMITH, PRESIDENT
- Phone
- (518) 426-0602
- Return prepared by
- EFPR ADVISORY LLC
Mission
PROVIDE LOW-INCOME SENIOR HOUSING.
Program accomplishments
- ACQUIRE AND OPERATE AN APARTMENT COMPLEX OF 20 UNITS LOCATED IN THE CITY OF ALBANY, NEW YORK UNDER SECTION 202 OF THE NATIONAL HOUSING ACT OFFERING LOW-RENT APARTMENTS TO QUALIFYING LOW-INCOME PERSONS.Expenses $170,339 · revenue $208,605
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 | 990 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
- 16-1522028
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L210)
- Assets (IRS master file)
- $185,852
- Income (IRS master file)
- $224,276
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $224,276 | $240,829 | $185,852 | XML |
| 990 | December 2024 | $195,748 | $258,274 | $214,482 | XML |
| 990 | December 2023 | $158,870 | $238,473 | $260,317 | XML |
| 990 | December 2022 | $234,928 | $287,099 | $339,532 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | 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 16-1522028).
Questions about DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC is 16-1522028.
- Is DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DRAKE MANOR 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 DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did DRAKE MANOR 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 2025.
- Who is the principal officer of DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 names SHARON SMITH.
- Who are the officers and directors of DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does DRAKE MANOR HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $224,276, expenses of $240,829 and total assets of $185,852 at year end.
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