Mission
THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE TWO APARTMENT BUILDINGS AND PROVIDE SOCIAL SERVICES TO QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
Public Charity
50TH STREET HOUSING DEVELOPMENT FUND CORPORATION
50TH STREET HOUSING DEVELOPMENT FUND CORPORATION is a nonprofit organization categorized as Public Charity based in BROOKLYN, NY. Its most recent IRS filing (2024) reports revenue of $484K, expenses of $493K, total assets of $9.6M.
EIN: 113270117
BROOKLYN, NY
Housing Rehabilitation
NTEE: L25
Latest filing: 2024
Total Revenue$484K
Total Expenses$493K
Total Assets$9.6M
Grant Records0
Filing Years2020–2024
Where $100 goes at 50TH Street Housing Development Fund Corporation
How 50TH Street Housing Development Fund Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.
$87
Programs
the work itself
$13
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 $87 for programs
$87
The organization's apartment buildings have a capacity of 48 apartments which were approximately 80% occupied during the year
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
PRESIDENT
Dany Cuningham
TREASURER
Jessica Yeager
SECRETARY
Michelle De La Uz
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $484K | $493K | $9.6M |
| 2023 | $475K | $523K | $6.4M |
| 2022 | $469K | $517K | $3.6M |
| 2021 | $504K | $493K | $2.7M |
| 2020 | $516K | $495K | $2.5M |
Between 2020 and 2024, reported annual revenue declined from $516K to $484K (-6%), with total assets most recently reported at $9.6M.
Interactive year-over-year charts and full filing details available with membership.