Public Charity

NORTHEAST BROOKLYN HOUSING DEVELOP

NORTHEAST BROOKLYN HOUSING DEVELOP, of Brooklyn, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.7M in revenue, $3.4M in expenses, $8.2M in total assets. 14 publicly reported grants to this organization, totaling roughly $269K, appear in IRS filings.

EIN: 112737223 Brooklyn, NY Housing Development, Construction & Management NTEE: L20 Latest filing: 2024
Total Revenue$2.7M
Total Expenses$3.4M
Total Assets$8.2M
Grant Records14
Funding Total$269K
Filing Years2020–2024

Mission

The Organization is commited to the preservation, development, and management of affordable housing and home ownership opportunities:community and economic development initiative and human services to effect social change in central Brooklyn.

Where $100 goes at Northeast Brooklyn Housing Develop

How Northeast Brooklyn Housing Develop divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$85 Programs the work itself
$15 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 $85 for programs

$64
ASSET MANAGEMENT Asset management is focused on maximizing the value of every building in its expanding real estate portfolio
75% of program spending
$18
REAL ESTATE DEVELOPMENT Develope and management real estate assets to contribute to the communitys resurgence
21% of program spending
$3
SOCIAL SERVICE Provide an environment of opportunity and connection to resources for tenant and community residents
4% of 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

MEMBER Douglas Giles
CHAIRPERSON Edna Johnson
SECRETARY James Henry
CHIEF EXECUTIVE OFFICER Jeffrey Dunston
CHIEF OPERATING OFFICER Nathaniel Montgomery
MEMBER Shirley Jackson

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$93,834 7 grants
Health & Medicine
$25,500 2 grants
Unspecified
$150,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.7M $3.4M $8.2M
2023 $2.4M $3.0M $8.8M
2022 $3.8M $2.7M $8.6M
2021 $2.2M $2.5M $7.8M
2020 $3.4M $2.6M $7.7M

Between 2020 and 2024, reported annual revenue declined from $3.4M to $2.7M (-21%), with total assets most recently reported at $8.2M.

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

See the full picture for NORTHEAST BROOKLYN HOUSING DEVELOP

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