Public Charity

EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC

Based in NEW YORK, NY, EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC operates as a Public Charity. The organization reported $2.8M in revenue, $1.9M in expenses, $3.0M in total assets for fiscal year 2025.

EIN: 133218852 NEW YORK, NY Low-Income & Subsidized Rental Housing NTEE: L21 Latest filing: 2025
Total Revenue$2.8M
Total Expenses$1.9M
Total Assets$3.0M
Grant Records0
Filing Years2021–2025

Mission

EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY, INC. (THE "PROJECT") IS A NON-PROFIT ORGANIZATION INCORPORATED ON APRIL 16, 1984 UNDER ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW AND SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. THE PROJECT WAS ORGANIZED TO DEVELOP AND OPERATE A HOUSING PROJECT CONTAINING 87 UNITS FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.

Where $100 goes at Everlasting Pine Housing Development Fund Company Inc

How Everlasting Pine Housing Development Fund Company Inc divides every $100 it spends, from its own Form 990 filings, averaged across 8 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

$85
Housing program
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TREASURER Po-Ling Ng
ACTING CHAIR Sherman Eng
SECRETARY Wing Ma

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $2.8M $1.9M $3.0M
2024 $1.6M $1.5M $2.5M
2023 $1.6M $1.5M $2.6M
2022 $1.6M $1.5M $2.4M
2021 $1.6M $1.4M $1.9M

Between 2021 and 2025, reported annual revenue grew from $1.6M to $2.8M (+68%), with total assets most recently reported at $3.0M.

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

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