Public Charity

RESTORED HOMES HOUSING DEVELOPMENT FUND CORPORATION

RESTORED HOMES HOUSING DEVELOPMENT FUND CORPORATION, of NEW YORK, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $1.3M in revenue, $4.3M in expenses, $16.2M in total assets. 6 publicly reported grants to this organization, totaling roughly $2.8M, appear in IRS filings.

EIN: 203853610 NEW YORK, NY Latest filing: 2024
Total Revenue$1.3M
Total Expenses$4.3M
Total Assets$16.2M
Grant Records6
Funding Total$2.8M
Filing Years2019–2024

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF PRESERVING AND CREATING, ON A NONPROFIT BASIS, HOUSING PROJECTS FOR PERSONS OF LOW AND MODERATE INCOME. IN ADDITION TO PROMOTING AFFORDABLE HOUSING OPPORTUNITIES,IT SEEKS TO PREVENT AND ELIMINATE BLIGHT AND FOSTER THE STABILIZATION OF COMMUNITIES THROUGHOUT NEW YORK CITY.

Sample Grants Received

2024
HOUSING & LEGAL COUNSELING
$67,000
2022
ADVISED - TO HELP NEIGHBORHOOD RESTORE CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND SEEK TO INCREASE THE NUMBER AND QUALITY OF AFFORDABLE HOUSING UNITS AVAILABLE. STABILIZE NEIGHBORHOODS AND POSITIVELY IMPACT OVERALL WELL-BEING IN NYC.
$400,000
$90,000
$146,250
2020
HOUSING & LEGAL COUNSELING
$70,900

Showing up to 5 of 6 total records — full history available with membership.

Officers & Directors

DIRECTOR Annetta Seecharran
TREASURER Arturo Suarez
PRESIDENT Brian Segel
DIRECTOR Christie Peale
DIRECTOR Jane Silverman
VICE PRESIDENT Nicolas Lembo

Officer compensation and complete director data available with membership.

Top Grant Purposes

GENERAL SUPPORT
$2,000,000 1 grant
ADVISED - TO HELP NEIGHBORHOOD RESTORE CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND SEEK TO INCREASE THE NUMBER AND QUALITY OF AFFORDABLE HOUSING UNITS AVAILABLE. STABILIZE NEIGHBORHOODS AND POSITIVELY IMPACT OVERALL WELL-BEING IN NYC.
$400,000 1 grant
SEE PART IV
$236,250 2 grants
HOUSING & LEGAL COUNSELING
$137,900 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $1.3M $4.3M $16.2M
2023 $1.4M $1.1M $19.1M
2022 $1.2M $1.3M $19.0M
2020 $839K $1.6M $19.7M
2019 $1.4M $3.1M $20.5M

Between 2019 and 2024, reported annual revenue declined from $1.4M to $1.3M (-5%), with total assets most recently reported at $16.2M.

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

See the full picture for RESTORED HOMES HOUSING DEVELOPMENT FUND CORPORATION

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