Public Charity

BROADWAY RIO HOUSING DEVELOPMENT FUND COMPANY INC

BROADWAY RIO HOUSING DEVELOPMENT FUND COMPANY INC, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $814K in revenue, $1.2M in expenses, $3.2M in total assets. IRS filings disclose 3 grants awarded by this foundation, totaling roughly $840K.

EIN: 452155957 NEW YORK, NY Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$814K
Total Expenses$1.2M
Total Assets$3.2M
Grants Given3
Grant Total$840K
Filing Years2019–2024

Mission

TO OPERATE A LOW-INCOME HOUSING PROJECT KNOWN AS THE RIO COMPRISED OF 82 APARTMENTS LOCATED AT 10 FORT WASHINGTON AVENUE, NEW YORK, NEW YORK.

Where $100 goes at Broadway Rio Housing Development Fund Company Inc

How Broadway Rio Housing Development Fund Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$94 Programs the work itself
$6 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $94 for programs

$94
Broadway Rio Housing Development Fund Company Inc owns and operates New York city's first housing project to integrate supportive housing for children, the rio has 75 studio apartments…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Alan Weil
PRESIDENT Charlene Melville
TREASURER/SECRETARY David Nathanson
DIRECTOR OF OPERATIONS Jan Petrigan

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$840,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $814K $1.2M $3.2M
2023 $779K $1.2M $3.5M
2022 $796K $1.1M $3.9M
2020 $804K $909K $4.7M
2019 $910K $695K $4.8M

Between 2019 and 2024, reported annual revenue declined from $910K to $814K (-11%), with total assets most recently reported at $3.2M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in NY.

NY

Full geographic grant map with state-by-state breakdown available with membership.

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