Public Charity

NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN (BEDFORD STUYVESANT) CDC INC

NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN (BEDFORD STUYVESANT) CDC INC is a Public Charity headquartered in BROOKLYN, NY. Financial data from the 2025 filing: $2.9M revenue, $2.6M expenses, $1.4M total assets. 13 publicly reported grants to this organization, totaling roughly $913K, appear in IRS filings.

EIN: 471717438 BROOKLYN, NY Financial Counseling NTEE: P51 Latest filing: 2025
Total Revenue$2.9M
Total Expenses$2.6M
Total Assets$1.4M
Grant Records13
Funding Total$913K
Filing Years2021–2025

Mission

The organizations mission is to revitalize underserved communities by creating and preserving affordable housing opportunities and increasing financial empowerment while promoting neughborhood stabilization. We are lead by local residents and guided by local needs.

Where $100 goes at Neighborhood Housing Services of Brooklyn (Bedford Stuyvesant) CDC Inc

How Neighborhood Housing Services of Brooklyn (Bedford Stuyvesant) CDC Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$79 Programs the work itself
$18 Management running the organization
$3 Fundraising raising the next dollar

Inside the $79 for programs

$31
Home purchase/ownership grants ahc
39% of program spending
$30
Norc education assistance outreach and other programs
38% of program spending
$18
Home repair grants
23% of 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

DIRECTOR Angel Melendez
DIRECTOR Bessie Edwards
SECRETARY Betty Estaton
DIRECTOR Brena Bracy-Seals
BOARD CHAIRMAN James C Durrah
TREASURER Jayesh Gajjar

Officer compensation and complete director data available with membership.

Top Grant Purposes

Mental Health & Substance Abuse
$744,597 11 grants
General Support
$143,213 1 grant
Unspecified
$25,342 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $2.9M $2.6M $1.4M
2024 $1.8M $1.7M $1.1M
2023 $1.2M $1.1M $1.0M
2022 $986K $932K $902K
2021 $802K $782K $839K

Between 2021 and 2025, reported annual revenue grew from $802K to $2.9M (+256%), with total assets most recently reported at $1.4M.

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

See the full picture for NEIGHBORHOOD HOUSING SERVICES OF BROOKLYN (BEDFORD STUYVESANT) CDC INC

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