Public Charity

RESIDE AFFORDABLE INC

RESIDE AFFORDABLE INC, of BROOKLYN, NY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $354K in revenue, $174K in expenses, $550K in total assets.

EIN: 831154621 BROOKLYN, NY Housing Search Assistance NTEE: L30 Latest filing: 2024
Total Revenue$354K
Total Expenses$174K
Total Assets$550K
Grant Records0
Filing Years2022–2024

Mission

RESIDE AFFORDABLE SERVES AS NEW YORK CITY'S PRIMARY NONPROFIT INTERMEDIARY FOR THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING, ASSISTING IN THE DEVELOPMENT AND PROMOTION OF AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP THROUGH AN ARRAY OF SPECIALIZED PROGRAMS AND SERVICES. RESIDE AFFORDABLE DIRECTS THESE EFFORTS TOWARD SUPPORTING THE LOW INCOME PUBLIC WITH AFFORDABLE HOUSING, BY MARKETING LOW INCOME UNITS.

Where $100 goes at Reside Affordable Inc

How Reside Affordable Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$3 Programs the work itself
$97 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 $3 for programs

$3
Reside Affordable serves as new york city's primary nonprofit intermediary for the development and preservation of affordable housing, assisting in the development and promotion of affordable rental housing…
All program spending
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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.

Officers & Directors

DIRECTOR Harold Freund
OFFICER Martin Joseph
DIRECTOR Shulem Rosenberg

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $354K $174K $550K
2023 $284K $215K $285K
2022 $228K $225K $164K

Between 2022 and 2024, reported annual revenue grew from $228K to $354K (+55%), with total assets most recently reported at $550K.

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

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