Public Charity

GOODHEART HOUSING DEVELOPMENT FUND COMPANY INC

GOODHEART HOUSING DEVELOPMENT FUND COMPANY INC is a nonprofit organization categorized as Public Charity based in BROOKLYN, NY. Its most recent IRS filing (2026) reports revenue of $2.5M, expenses of $1.1M, total assets of $4.5M.

EIN: 133171445 BROOKLYN, NY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2026
Total Revenue$2.5M
Total Expenses$1.1M
Total Assets$4.5M
Grant Records0
Filing Years2022–2026

Mission

TO PROVIDE HOUSING TO LOW INCOME AND DISABLED INDIVIDUALS

Where $100 goes at Goodheart Housing Development Fund Company Inc

How Goodheart Housing Development Fund Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$100 Programs the work itself
<$1 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 $100 for programs

$50
Taxpayer operates a government housing project
50% of program spending
$50
Other program services n/a
About 50% (cost not reported)
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Source: Form 990 filings with the IRS, latest fiscal year 2026. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

VICE PRESIDENT Joel Friedman
TREASURER Michael Friedman
SECRETARY Moshe Singer
PRESIDENT Sarah Zelcer

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2026 $2.5M $1.1M $4.5M
2025 $2.3M $1.3M $3.4M
2024 $1.8M $1.0M $2.7M
2023 $1.7M $987K $2.3M
2022 $1.6M $1.0M $1.8M

Between 2022 and 2026, reported annual revenue grew from $1.6M to $2.5M (+53%), with total assets most recently reported at $4.5M.

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

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