Public Charity

ARVERNE EAST PHASE 1 & PHASE 2 INC

Based in NEW YORK, NY, ARVERNE EAST PHASE 1 & PHASE 2 INC operates as a Public Charity. The organization reported $39.4M in revenue, $83.0M in total assets for fiscal year 2024.

EIN: 863966436 NEW YORK, NY Parks & Playgrounds NTEE: N32 Latest filing: 2024
Total Revenue$39.4M
Total Assets$83.0M
Grant Records0
Filing Years2022–2024

Mission

THE ORGANIZATION IS OPERATED EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND TO CARRY OUT THE PURPOSES OF HOUSING PARTNERSHIP DEVELOPMENT CORPORATION.

Where $100 goes at Arverne East Phase 1 & Phase 2 Inc

How Arverne East Phase 1 & Phase 2 Inc divides every $100 it spends, from its own Form 990 filings, averaged across 3 years.

$100 Programs the work itself
<$1 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 $100 for programs

$100
The organization is operated exclusively for the benefit of, to perform the functions of, and to carry out the purposes of housing partnership development corporation
All program spending
Reported in the filing Over 60 acres of outdoor recreation space programmed with a variety of active and passive uses.3.
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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

TREASURER Adam Gold
PRESIDENT & CEO Jamie Smarr
VICE PRESIDENT Nadja Alvarado
SECRETARY Theresa Omansky

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2024 $39.4M — $83.0M
2023 $6.9M — $43.4M
2022 $22.9M $200K $36.5M

Between 2022 and 2024, reported annual revenue grew from $22.9M to $39.4M (+72%), with total assets most recently reported at $83.0M.

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

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