Nonprofit · EIN 65-0678966
AFFORDABLE HOUSING DEVELOPMENT CORP
Tax-exempt · BOYNTON BEACH, FL 33474
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $748,479 | $546,683 | $201,796 | $2,699,417 | $1,292,380 | $1,407,037 |
| December 31, 2023 | 990 | $649,505 | $565,476 | $84,029 | $2,525,796 | $1,348,573 | $1,177,223 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $690,496
- Investment income
- $57,983
- Net gain from sales of assets
- $35,142
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $117
- Occupancy
- $93,182
- Travel
- $220
- Depreciation
- $117,022
- Program services (functional)
- $456,596
- Management and general (functional)
- $90,087
Balance sheet and other
- Total assets, start of year
- $2,525,796
- Total assets, end of year
- $2,699,417
- Total liabilities, end of year
- $1,292,380
- Net assets, end of year
- $1,407,037
- Land, buildings and equipment
- $1,490,682
- Gross receipts
- $748,479
- Employees
- 0
- Year formed
- 1994
- State of legal domicile
- FL
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 |
|---|---|---|---|
| FRANK MOSSUCCO | DIRECTOR TREASURER Trustee or director | 0.1 | $0 |
| BARRY EISENSON | DIRECTOR Trustee or director | 0.1 | $0 |
| VITO R DIFRONZO | PRESIDENT Officer | 15 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| BARRY EISENSON | DIRECTOR Trustee or director | 0.1 | $0 |
| FRANK MOSSUCCO | DIRECTOR TREASURER Trustee or director | 0.1 | $0 |
| VITO R DIFRONZO | PRESIDENT Officer | 15 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 740405, BOYNTON BEACH, FL 33474-0405
- In care of
- % VITO R DIFRONZO
- Signed the 990
- VITO R DIFRONZO, PRESIDENT
- Phone
- (954) 501-8500
- Return prepared by
- ACCOUNTIT INC
Mission
TO PROVIDE AFFORDABLE HOUSING FOR LOW AND MODERATELY LOW INCOME FAMILIES
Program accomplishments
- PROVIDING RESIDENTIAL UNITS AT A RENT WHICH IS LOWER THAN THE USUAL MARKET RATE TO LOW AND MODERATELY LOW-INCOME FAMILIES. THE ORGANIZATION OWNS 71 SUCH RENTAL UNITS. EXPENSES INCURRED ARE INCIDENTAL TO PROVIDING HOUSING FACILITIES LIKE MAINTENANCE, REPAIRS, MANAGEMENT FEES, INTEREST, TAXES, UTILITIES, ETCExpenses $456,596 · revenue $690,496
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
- 65-0678966
- 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
- 1997
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $2,699,417
- Income (IRS master file)
- $748,479
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $748,479 | $546,683 | $2,699,417 | IRS |
| 990 | December 2023 | $649,505 | $565,476 | $2,525,796 | XML |
| 990 | December 2022 | $598,641 | $565,609 | $2,468,419 | 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 65-0678966).
Questions about AFFORDABLE HOUSING DEVELOPMENT CORP
- What is the EIN of AFFORDABLE HOUSING DEVELOPMENT CORP?
- The employer identification number (EIN) of AFFORDABLE HOUSING DEVELOPMENT CORP is 65-0678966.
- Is AFFORDABLE HOUSING DEVELOPMENT CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1997.
- Are donations to AFFORDABLE HOUSING DEVELOPMENT CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does AFFORDABLE HOUSING DEVELOPMENT CORP 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 AFFORDABLE HOUSING DEVELOPMENT CORP 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 AFFORDABLE HOUSING DEVELOPMENT CORP last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who are the officers and directors of AFFORDABLE HOUSING DEVELOPMENT CORP?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does AFFORDABLE HOUSING DEVELOPMENT CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $748,479, expenses of $546,683 and total assets of $2,699,417 at year end.
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