Public Charity

353-365 HOUSING FUND DEVELOPMENT FUND COMPANY INC

353-365 HOUSING FUND DEVELOPMENT FUND COMPANY INC is a Public Charity headquartered in New York, NY. Financial data from the 2024 filing: $3.1M revenue, $2.2M expenses, $16.3M total assets.

EIN: 132840838 New York, NY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2024
Total Revenue$3.1M
Total Expenses$2.2M
Total Assets$16.3M
Grant Records0
Filing Years2020–2024

Mission

TO PROVIDE CLEAN, AFFORDABLE HOUSING TO 70 LOW-INCOME FAMILIES IN NEW YORK, NY

Where $100 goes at 353-365 Housing Fund Development Fund Company Inc

How 353-365 Housing Fund Development Fund Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$89 Programs the work itself
$11 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 $89 for programs

$89
To provide clean, affordable housing to 70 low-income families in New York, ny
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

DIRECTOR Alexander James
CHAIR Barbara Kairson
SECRETARY Damon Kinebrew
TREASURER Jean Mondesir
V PRESIDENT Nestor Oliver
PRESIDENT Paul Moore

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $3.1M $2.2M $16.3M
2023 $2.6M $2.3M $14.7M
2022 $2.4M $1.6M $7.7M
2021 $2.5M $1.3M $6.9M
2020 $4.9M $1.8M $5.8M

Between 2020 and 2024, reported annual revenue declined from $4.9M to $3.1M (-37%), with total assets most recently reported at $16.3M.

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

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