Skip to main content

Nonprofit · EIN 84-2008861

AFFORDABLE FOR NY INC

Tax-exempt · BROOKLYN, NY 11205

Financials

$581K$512K2023$1.1M$1.1M2024
Revenue Expenses · by fiscal year end
Financials of AFFORDABLE FOR NY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,085,530$1,103,464-$17,934$518,643$66,724$451,919
December 31, 2023990$580,519$511,559$68,960$781,176$388,880$392,296
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$1,085,530
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$60,305
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$130,209
Occupancy
$53,576
Travel
$17,429
Depreciation
$93,715
Program services (functional)
$900,599
Management and general (functional)
$202,865

Balance sheet and other

Total assets, start of year
$781,176
Total assets, end of year
$518,643
Total liabilities, end of year
$66,724
Net assets, end of year
$451,919
Land, buildings and equipment
$129,262
Net assets without donor restrictions
$451,919
Gross receipts
$1,085,530
Employees
0
Year formed
2019
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 / weekCompensation
EUGENE GOLDSTEINDIRECTOR
Trustee or director
3$0
MOSHE GUTMANPRESIDENT
Trustee or director, Officer
5$0
VICTOR SCHLESINGERVICE PRESIDE
Trustee or director, Officer
5$0
DAVID SPILMANDIRECTOR
Trustee or director
3$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
EUGENE GOLDSTEINDIRECTOR
Trustee or director
3$0
MOSHE GUTMANPRESIDENT
Trustee or director, Officer
5$0
FISHEL SCHLESINGERVICE PRESIDE
Trustee or director, Officer
5$0
VICTOR SCHLESINGERVICE PRESIDE
Trustee or director, Officer
5$0
DAVID SPILMANDIRECTOR
Trustee or director
3$0

Address and contacts

Address (IRS master file)
670 MYRTLE AVE PMB 7181, BROOKLYN, NY 11205-3923
Mailing address (990-N for 2020)
184 PARK AVE, BROOKLYN NY 11205
Principal officer (990 for 2024)
MOSHE GUTMAN, 670 MYRTLE AVE 7181, BROOKLYN, NY 11205
Principal officer (990-N for 2020)
FISHEL SCHLESINGER, 199 FRANKLIN AVENUE, BROOKLYN NY 11205
Signed the 990
MOSHE GUTMAN, PRESIDENT
Phone
(347) 388-8857
Return prepared by
BUNKER AND COMPANY CPA PLLC

Mission

AFFORDABLE FOR NEW YORK IS ACTING AS AN APPROVED HPD ADMIN AGENT TO OVERSEE LEASE UP AND MONITORING OF AFFORDABLE HOUSING IN NYC FOR INCLUSIONARY PROJECTS.

990 for the year ended December 31, 2024

Program accomplishments

  • AFFORDABLE FOR NEW YORK IS ACTING AS AN APPROVED HPD ADMIN AGENT TO OVERSEE LEASE UP AND MONITORING OF AFFORDABLE HOUSING IN NYC FOR INCLUSIONARY PROJECTS.
    Expenses $900,599 · grants $60,305 · revenue $1,085,530

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
84-2008861
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
2019
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$518,643
Income (IRS master file)
$1,085,530

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,085,530$1,103,464$518,643IRS
990December 2023$580,519$511,559$781,176IRS
990December 2022$175,941$261,797$144,687IRS
990December 2021–––IRS
990-N for 2020
Officer: FISHEL SCHLESINGER
December 31, 2020≤ $50,000 receipts––e-Postcard
990-N for 2019
Officer: Fishel Schlesinger
December 31, 2019≤ $50,000 receipts––e-Postcard

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 84-2008861).

Questions about AFFORDABLE FOR NY INC

What is the EIN of AFFORDABLE FOR NY INC?
The employer identification number (EIN) of AFFORDABLE FOR NY INC is 84-2008861.
Is AFFORDABLE FOR NY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
Are donations to AFFORDABLE FOR NY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does AFFORDABLE FOR NY 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 AFFORDABLE FOR NY 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 AFFORDABLE FOR NY 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 AFFORDABLE FOR NY INC?
The 990 for the year ended December 31, 2024 names MOSHE GUTMAN.
Who are the officers and directors of AFFORDABLE FOR NY INC?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does AFFORDABLE FOR NY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,085,530, expenses of $1,103,464 and total assets of $518,643 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Philanthropy, voluntarism and grantmaking foundations