Nonprofit · EIN 93-2506794
NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11207
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $760,801 | $989,918 | -$229,117 | $639,909 | $5,391,836 | -$4,751,927 |
| December 31, 2024 | 990 | $658,582 | $838,383 | -$179,801 | $791,848 | $5,314,658 | -$4,522,810 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $760,801
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $14,000
- Depreciation
- $196,077
- Program services (functional)
- $833,944
- Management and general (functional)
- $155,974
Balance sheet and other
- Total assets, start of year
- $791,848
- Total assets, end of year
- $639,909
- Total liabilities, end of year
- $5,391,836
- Net assets, end of year
- -$4,751,927
- Land, buildings and equipment
- $542,484
- Net assets without donor restrictions
- -$4,751,927
- Gross receipts
- $760,801
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2024
- 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 | From related orgs |
|---|---|---|---|---|
| GREGORY COLIMON | EXECUTIVE DIRECTOR Trustee or director, Officer | 20 | $0 | $189,480 |
| ANTHONY MAMMINA | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| IVAN B HEYWARD | FINANCING COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| DIANTHA M WILSON | FUNDRAISING COMMITTEE CHAI Trustee or director | 1 | $0 | $0 |
| CAROLINE FAULKNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYSCHEL WIKERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
990 for the year ended December 31, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| GREGORY COLIMON | EXECUTIVE DIRECTOR Trustee or director, Officer | 20 | $0 | $158,593 |
| ANTHONY MAMMINA | CHAIRMAN Trustee or director | 1 | $0 | $0 |
| IVAN B HEYWARD | FINANCING COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| DIANTHA M WILSON | FUNDRAISING COMMITTEE CHAIR Trustee or director | 1 | $0 | $0 |
| CAROLINE FAULKNER | TRUSTEE Trustee or director | 1 | $0 | $0 |
| LYSCHEL WIKERSON | TRUSTEE Trustee or director | 1 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 539 ALABAMA AVENUE, BROOKLYN, NY 11207-6277
- Principal officer (990 for 2025)
- GREGORY COLIMON, 539 ALABAMA AVENUE, BROOKLYN, NY 11207
- Signed the 990
- GREGORY COLIMON, EXECUTIVE DIRECTOR
- Phone
- (917) 684-9034
- Return prepared by
- S ADELSBERG & CO
Mission
TO OPERATE AND MAINTAIN LOW INCOME HOUSING IN THE NEW YORK CITY AREA.
Program accomplishments
- TO COLLECT RENT AND PAY RELATED EXPENSES PERTAINING TO LOW-INCOME SHELTER PROGRAMS FOR HOMELESS FAMILIES.Expenses $833,944 · revenue $760,801
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 | Check at the IRS |
IRS record
- EIN
- 93-2506794
- 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
- 2025
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $639,909
- Income (IRS master file)
- $760,801
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $760,801 | $989,918 | $639,909 | IRS |
| 990 | December 2024 | $658,582 | $838,383 | $791,848 | XML |
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 93-2506794).
Questions about NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION is 93-2506794.
- Is NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
- Are donations to NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTHCORE STUDIOS 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 NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION 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 NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION 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 NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2025 names GREGORY COLIMON.
- Who are the officers and directors of NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
- How much revenue does NORTHCORE STUDIOS HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $760,801, expenses of $989,918 and total assets of $639,909 at year end.
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