Mission
TO PROVIDE CLEAN, AFFORDABLE HOUSING TO LOW INCOME RESIDENTS IN NEW YORK, NY.
Public Charity
400-408 HOUSING DEVELOPMENT FUND COMPANY INC
Based in New York, NY, 400-408 HOUSING DEVELOPMENT FUND COMPANY INC operates as a Public Charity. The organization reported $4.2M in revenue, $3.4M in expenses, $14.7M in total assets for fiscal year 2024.
EIN: 132897042
New York, NY
Low-Income & Subsidized Rental Housing
NTEE: L21
Latest filing: 2024
Total Revenue$4.2M
Total Expenses$3.4M
Total Assets$14.7M
Grant Records0
Filing Years2018–2024
Where $100 goes at 400-408 Housing Development Fund Company Inc
How 400-408 Housing Development Fund Company Inc 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
To provide clean, affordable housing to low income residents in New York, ny
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 Olivier
PRESIDENT
Paul Moore
Officer compensation and complete director data available with membership.
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $4.2M | $3.4M | $14.7M |
| 2023 | $3.9M | $2.0M | $14.6M |
| 2022 | $4.6M | $2.8M | $12.6M |
| 2021 | $3.5M | $2.3M | $10.9M |
| 2018 | $3.6M | $2.4M | $8.3M |
Between 2018 and 2024, reported annual revenue grew from $3.6M to $4.2M (+15%), with total assets most recently reported at $14.7M.
Interactive year-over-year charts and full filing details available with membership.