Mission
THE PURPOSE IS TO FACILITATE THE BORROWINGS RELATED TO A NEW MARKETS TAX CREDIT TRANSACTION TO FINANCE THE DEVELOPMENT AND CONSTRUCTION OF A HEALTH CENTER FOR THE JOSEPH P. ADDABBO FAMILY HEALTHCENTER, INC. IN QUEENS, NEW YORK.
Public Charity
ADDABBO CENTER FUTURE HOME INC
Based in AVERNE, NY, ADDABBO CENTER FUTURE HOME INC operates as a Public Charity. The organization reported $958K in revenue, $224K in expenses, $25.7M in total assets for fiscal year 2024. Imperigo tracks 5 reported grant relationships connected to this organization totaling approximately $6.8M.
EIN: 821499016
AVERNE, NY
Single Organization Support
NTEE: E11
Latest filing: 2024
Total Revenue$958K
Total Expenses$224K
Total Assets$25.7M
Grant Records5
Funding Total$6.8M
Filing Years2019–2024
Where $100 goes at Addabbo Center Future Home Inc
How Addabbo Center Future Home Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.
$73
Programs
the work itself
$27
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 $73 for programs
$73
The organizations sole purpose is to facilitate the borrowings related to new markets tax credit financing to fund the development and construction of a health center for the…
Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.
Sample Grants Received
TO SUPPORT THE ORGANIZATION'S MISSION
$957,615
TO SUPPORT THE ORGANIZATION'S MISSION
$544,118
TO SUPPORT THE ORGANIZATION'S MISSION
$490,592
CONSTRUCTION OF FEDERALLY QUALIFIED HEALTH CENTER
$1,600,001
FOR DEVELOPMENT AND CONSTRUCTION OF FACILITY FOR JOSEPH P. ADDABBO FAMILY HEALTH CENTER HEALTHCARE FACILITY.
$3,178,594
Showing up to 5 of 5 total records — full history available with membership.
Officers & Directors
TREASURER
Betty Leon
OUTGOING CHIEF FINANCIAL OFFICER
Lawrence Wojcik
OUTGOING CEO
Miriam Dabbah
CHIEF COMPLIANCE OFFICER/INTERIM CEO
Thomas Meyers
PRESIDENT
Yeruchem Phillip Goldfeder
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $958K | $224K | $25.7M |
| 2023 | $544K | $310K | $25.3M |
| 2022 | $491K | $54K | $25.3M |
| 2020 | $1.6M | $44K | $19.5M |
| 2019 | — | $244K | $17.9M |
Between 2020 and 2024, reported annual revenue declined from $1.6M to $958K (-40%), with total assets most recently reported at $25.7M.
Interactive year-over-year charts and full filing details available with membership.