Public Charity

AAFE COMMUNITY DEVELOPMENT FUND INC

Based in NEW YORK, NY, AAFE COMMUNITY DEVELOPMENT FUND INC operates as a Public Charity. The organization reported $674K in revenue, $739K in expenses, $6.7M in total assets for fiscal year 2024. Imperigo tracks 9 reported grant relationships connected to this organization totaling approximately $672K.

EIN: 134103352 NEW YORK, NY Latest filing: 2024
Total Revenue$674K
Total Expenses$739K
Total Assets$6.7M
Grant Records9
Funding Total$672K
Filing Years2019–2024

Mission

AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY.

Sample Grants Received

2024
GOLDMAN SACHS AND HUD PASS THROUGH GRANT TO AAFE CDF
$89,050
2024
Counseling Services
$45,000
2023
HUD PASS THROUGH TO AAFE CDF
$206,765
2023
Financial Counseling & Technology
$45,000
2023
Financial Counseling & Technology
$45,000

Showing up to 5 of 9 total records — full history available with membership.

Officers & Directors

DIRECTOR Donna Chiu
DEPUTY MANAGING DIRECTOR Eddie Wong
DIRECTOR (OUTGOING) Heidie Joo Burwell
DIRECTOR Jenny Yang
MANAGING DIRECTOR Jessie Lee
DIRECTOR Jim Burke

Officer compensation and complete director data available with membership.

Top Grant Purposes

HUD PASS THROUGH TO AAFE CDF
$206,765 1 grant
Financial Counseling & Technology
$190,000 4 grants
HOUSING & LEGAL COUNSELING
$91,628 1 grant
GOLDMAN SACHS AND HUD PASS THROUGH GRANT TO AAFE CDF
$89,050 1 grant
COVID-19 GRANT
$50,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $674K $739K $6.7M
2023 $859K $722K $7.0M
2022 $687K $638K $7.1M
2020 $562K $597K $7.7M
2019 $476K $699K $7.5M

Between 2019 and 2024, reported annual revenue grew from $476K to $674K (+42%), with total assets most recently reported at $6.7M.

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

See the full picture for AAFE COMMUNITY DEVELOPMENT FUND INC

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