Public Charity

MARIEN-HEIM OF SUNSET PARK HOUSING DEVELOPMENT FUND CORPORATION

MARIEN-HEIM OF SUNSET PARK HOUSING DEVELOPMENT FUND CORPORATION is a nonprofit organization categorized as Public Charity based in BROOKLYN, NY. Its most recent IRS filing (2025) reports revenue of $4.0M, expenses of $3.8M, total assets of $6.8M.

EIN: 112526067 BROOKLYN, NY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$4.0M
Total Expenses$3.8M
Total Assets$6.8M
Grant Records0
Filing Years2020–2025

Mission

MARIEN-HEIM OF SUNSET PARK IS A SENIOR CITIZEN AND MOBILITY IMPAIRED HOUSING PROJECT SUBSIDIZED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.

Where $100 goes at Marien-Heim of Sunset Park Housing Development Fund Corporation

How Marien-Heim of Sunset Park Housing Development Fund Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$96 Programs the work itself
$4 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 $96 for programs

$96
Marien-heim of sunset park operates a 167 housing unit for the elderly and mobility impaired located in Brooklyn, ny, pursuant to section 202 of the national housing act…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY/TREASURER Beatrice Desapio
VICE PRESIDENT Bonnie Klima Olsen
BOARD MEMBER Deacon Christopher Wagner
BOARD MEMBER Flora Schuster
BOARD MEMBER James Fasolino
PRESIDENT Joseph Windels

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $4.0M $3.8M $6.8M
2024 $3.4M $3.5M $6.6M
2023 $3.3M $3.4M $6.9M
2021 $3.1M $3.1M $7.6M
2020 $3.0M $3.0M $7.9M

Between 2020 and 2025, reported annual revenue grew from $3.0M to $4.0M (+34%), with total assets most recently reported at $6.8M.

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

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