Nonprofit · EIN 85-1989484
2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · NEW YORK, NY 10017
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $1,804,550 | $1,951,444 | -$146,894 | $26,121,302 | $27,667,305 | -$1,546,003 |
| June 30, 2024 | 990 | $1,804,550 | $1,210,399 | $594,151 | $28,496,552 | $29,895,661 | -$1,399,109 |
| December 31, 2023 | 990 | $0 | $1,957,938 | -$1,957,938 | $28,985,859 | $30,979,119 | -$1,993,260 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,804,550
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Depreciation
- $551,029
- Program services (functional)
- $1,951,444
Balance sheet and other
- Total assets, start of year
- $28,496,552
- Total assets, end of year
- $26,121,302
- Total liabilities, end of year
- $27,667,305
- Net assets, end of year
- -$1,546,003
- Land, buildings and equipment
- $25,775,930
- Net assets without donor restrictions
- -$1,546,003
- Gross receipts
- $1,804,550
- Employees
- 0
- Volunteers
- 1
- Year formed
- 2021
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NATHANIEL FIELDS | PRESIDENT/CEO Trustee or director, Officer | 1 | $0 | $550,741 | $80,793 |
| ANTHONY B EDWARDS | TREASURER/CFO Trustee or director, Officer | 1 | $0 | $319,344 | $23,495 |
| ROY A WILLIAMS | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 6 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ADRIENNE PETERSON | TRUSTEE Trustee or director | 1 | $0 |
| LISA ROSS | TRUSTEE Trustee or director | 1 | $0 |
| WITTAKER MACK | TRUSTEE Trustee or director | 1 | $0 |
| ANTHONY B EDWARDS | CHIEF FINANCIAL OFFICER Officer | 1 | $0 |
| CARLA SMITH | DEPUTY CEO Officer | 1 | $0 |
| NATHANIEL FIELDS | PRESIDENT Officer | 1 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| NATHANIEL FIELDS | PRESIDENT Officer | 0.5 | $0 | $490,840 | $88,994 |
| CARLA SMITH | DEPUTY CEO Officer | 0.5 | $0 | $301,287 | $48,195 |
| ANTHONY B EDWARDS | CHIEF FINANCIAL OFFICER Officer | 0.5 | $0 | $290,974 | $23,547 |
| ADRIENNE PETERSON | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| LISA ROSS | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
| WITTAKER MACK | TRUSTEE Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 205 EAST 42ND STREET 13TH FLOOR, NEW YORK, NY 10017-5752
- Principal officer (990 for 2024)
- NATHANIEL FIELDS, 205 EAST 42ND STREET 13TH FLOOR, NEW YORK, NY 10017
- Signed the 990
- ANTHONY B EDWARDS, CFO
- Phone
- (646) 588-0030
- Return prepared by
- CBIZ ADVISORS LLC
Mission
THE 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION FOCUSES ON CONSTRUCTING, REHABILITATING AND OPERATING HOUSING FOR HOMELESS FAMILIES REFERRED BY THE NYC DEPARTMENT OF HOMELESS SERVICES. SINCE ITS INCEPTION IT HAS EXCLUSIVELY ONLY SERVED AS A COMPANY HOLDING TITLE TO PROPERTY. THE SOLE RESPONSIBILITY FOR MAINTAINING, DEVELOPING AND OPERATING ANY PROPERTY OWNED BY THE FUND WAS AT ITS INCEPTION DELEGATED TO URBAN RESOURCE INSTITUTE.
Program accomplishments
- THE 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION FOCUSES ON CONSTRUCTING, REHABILITATING AND OPERATING HOUSING FOR HOMELESS FAMILIES REFERRED BY THE NYC DEPARTMENT OF HOMELESS SERVICES. SINCE ITS INCEPTION IT HAS EXCLUSIVELY ONLY SERVED AS A COMPANY HOLDING TITLE TO PROPERTY. THE SOLE RESPONSIBILITY FOR MAINTAINING, DEVELOPING AND OPERATING ANY PROPERTY OWNED BY THE FUND WAS AT ITS INCEPTION DELEGATED TO URBAN RESOURCE INSTITUTE.Expenses $1,951,444 · revenue $1,804,550
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 85-1989484
- 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
- 2022
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S47)
- Assets (IRS master file)
- $26,121,302
- Income (IRS master file)
- $1,804,550
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $1,804,550 | $1,951,444 | $26,121,302 | IRS |
| 990 | June 2024 | $1,804,550 | $1,210,399 | $28,496,552 | IRS |
| 990 | December 2023 | $0 | $1,957,938 | $28,985,859 | XML |
| 990 | December 2022 | $0 | $321,832 | $15,000 | IRS |
| 990 | December 2021 | $802,019 | $515,509 | $286,510 | IRS |
| 990-EZ | December 2020 | – | – | – | 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 85-1989484).
Questions about 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION is 85-1989484.
- Is 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 2351 WALTON AVENUE 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 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended June 30, 2025 names NATHANIEL FIELDS.
- Who are the officers and directors of 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does 2351 WALTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $1,804,550, expenses of $1,951,444 and total assets of $26,121,302 at year end.
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