2025-10-21T12:23:23-05:00 2024-12-31 873707167 CBIZ ADVISORS LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2024-01-01 133376278 ASIAN-AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC ASIA 2124772265 141 NORFOLK ST NEW YORK NY 10002 THOMAS YU PRESIDENT/ED 2124772265 2025-10-17 1 1 MAGDALENA CZERNIAWSKI P00535099 2125038800 2025-10-17 2024 2025-03-06 01:10:19Z THOMAS YU 141 NORFOLK ST NEW YORK NY 10002 2500542 0 X AAFE,ORG X 1986 NY ACQUIRES, PRESERVES, AND OPERATES AFFORDABLE RENTAL HOUSING FOR LOW TO MEDIAN INCOME FAMILIES. 4 0 0 0 0 0 23588 23588 2185504 2270239 165599 197270 8231 9445 2382922 2500542 0 0 0 0 0 0 0 0 0 2237923 2024585 2237923 2024585 144999 475957 13467368 13447924 9132028 9115894 4335340 4332030 TO ACQUIRE, PRESERVE AND OPERATE AFFORDABLE (RENTAL) HOUSING FOR LOW TO MEDIAN INCOME FAMILIES. 0 0 1794818 2279684 OPERATES 14 LOW-INCOME HOUSING BUILDINGS LOCATED IN NEW YORK, NEW YORK. 1794818 1 1 0 0 0 0 0 0 1 0 1 0 1 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 4 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THOMAS YU PRESIDENTED 2124772265 141 NORFOLK ST NEW YORK NY 10002 HSUEH LAM YAN SECRETARY/DIR. ASSET &PROPERTY MGMT.. 1.00 37.00 X X 0 193724 26543 HUI-YUAN NELSON CHAN TREASURER/MANG. DIR. OF REAL ESTATE 1.00 37.00 X X 0 206467 64387 THOMAS YU PRESIDENT/ED 1.00 37.00 X X 0 284107 61872 MY T CHANG VICE PRESIDENT/CHIEF OF ST 1.00 37.00 X X 0 199435 9430 JOY SUZANNE GRANADO CHIEF ACCOUNTING OFFICER (OUTGOING) 1.00 37.00 X 0 175272 21446 0 1059005 183678 0 0 1 0 0 23588 23588 23588 RENTAL INCOME 532000 2270239 2270239 2270239 197270 197270 REAL ESTATE TAXES 900099 9404 9404 OTHER INCOME 900099 41 41 9445 2500542 2279684 0 197270 677522 479217 198305 33117 33117 31498 4388 27110 1289 1243 46 7410 7410 484649 484649 96747 96747 229524 229524 195765 195765 REPAIRS & MAINTENANCE 91972 91972 BAD DEBTS 79216 79216 OTHER EXPENSES 43043 39894 3149 VACANCY LOSS 37015 37015 15818 14661 1157 2024585 1794818 229767 0 763941 886478 34277 46364 132919 147085 7484782 2724946 4966360 4759836 1730596 1251329 5839275 6356832 13467368 13447924 193658 157123 36534 33413 164149 161253 8698288 8666150 39399 97955 9132028 9115894 X 4335340 4332030 4335340 4332030 13467368 13447924 X 475957 -479267 X X 0 1 X 1 0 X 23588 23588 23588 23588 23588 117940 1975165 1915103 2086973 2185504 2270239 10432984 1998753 1938691 2110561 2209092 2293827 10550924 0 0 0 10550924 46906 31984 53396 165599 197270 495155 46906 31984 53396 165599 197270 495155 11455 11601 9562 8231 9404 50253 2057114 1982276 2173519 2382922 2500501 11096332 0.95080 0.93010 0.04460 0.06490 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: REAL ESTATE TAXES - 2020 AMOUNT: $ 11,455. 2021 AMOUNT: $ 11,601. 2022 AMOUNT: $ 9,562. 2023 AMOUNT: $ 8,231. 2024 AMOUNT: $ 9,404. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 353727 353727 6772379 2540232 4232147 322884 184714 138170 35792 35792 4759836 INVESTMENT IN LIMITED PARTNERSHIP 1251329 F 1251329 ESCROWS 162969 DUE FROM AFFILIATE 66195 TENANT'S SECURITIES 161253 RESTRICTED RESERVES 5966415 6356832 DUE TO AFFILIATES 97955 97955 X 3504099 1003557 1003557 2500542 0 2500542 3489515 1501945 1501945 1987570 37015 37015 2024585 PART X, LINE 2: THE COMPANY BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED ENTITIES' REVENUE 1,040,572. VACANCY LOSS -37,015. PART XII, LINE 2D - OTHER ADJUSTMENTS: CONSOLIDATED ENTITIES' EXPENSES 1,501,945. PART XII, LINE 4B - OTHER ADJUSTMENTS: VACANCY LOSS 37,015. 0 0 0 0 0 0 0 0 0 THOMAS YU PRESIDENT/ED 0 284107 0 0 0 0 0 9895 0 51977 0 345979 0 0 HUI-YUAN NELSON CHAN TREASURER/MANG. DIR. OF REAL ESTATE 0 206467 0 0 0 0 0 9972 0 54415 0 270854 0 0 HSUEH LAM YAN SECRETARY/DIR. ASSET &PROPERTY MGMT. 0 193724 0 0 0 0 0 7909 0 18634 0 220267 0 0 MY T CHANG VICE PRESIDENT/CHIEF OF ST 0 199435 0 0 0 0 0 7159 0 2271 0 208865 0 0 JOY SUZANNE GRANADO CHIEF ACCOUNTING OFFICER (OUTGOING) 0 175272 0 0 0 0 0 6313 0 15133 0 196718 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT/ED IS ESTABLISHED BY THE RELARED ENTITY ASIAN AMERICANS FOR EQUALITY, INC. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER OF THE ORGANIZATION IS ASIAN AMERICANS FOR EQUALITY, INC. FORM 990, PART VI, SECTION A, LINE 7A ASIAN AMERICANS FOR EQUALITY, INC., BEING THE SOLE MEMBER, IS ENTITLED TO APPOINT THE DIRECTORS; PROVIDED, HOWEVER, THAT IN THE EVENT THAT ADDITIONAL PERSONS ARE ACCEPTED AS MEMBERS OF THE CORPORATION PURSUANT TO SECTION 2.2 OF THE ORGANIZATION'S BY-LAWS, THE NUMBER OF DIRECTORS TO BE APPOINTED BY EACH MEMBER MAY BE REAPPORTIONED BY A FAVORABLE ACTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING CORPORATE ACTIONS MAY NOT BE TAKEN WITHOUT THE APPROVAL OF THE MEMBER: (1) ANY AMENDMENT OF OR CHANGE TO THE CERTIFICATE OF INCORPORATION OR (2) A PETITION FOR JUDICIAL DISSOLUTION; (3) DISPOSING OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION, (4) APPROVAL OF A PLAN OF MERGER, (5) AUTHORIZATION OF A PLAN OF NON-JUDICIAL DISSOLUTION, OR (6) REVOCATION OF A VOLUNTARY DISSOLUTION PROCEEDING. (7) REMOVE ANY DIRECTOR ANY TIME WITH OR WITHOUT CAUSE BY A VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. AT LEAST 7 DAYS PRIOR TO FILING, THE ORGANIZATION DISTRIBUTES A DRAFT FORM 990 TO THE BOARD FOR REVIEW. FIVE DAYS ARE ALLOWED FOR FEEDBACK, THROUGH THE BOARD TREASURER, BEFORE FORM 990 IS FINALIZED AND FILED WITH THE IRS. A COPY OF THE FILED FORM 990 IS PROVIDED TO THE BOARD FOR THEIR RECORDS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE ISSUED WITH A COPY OF THE CURRENT CONFLICT OF INTEREST POLICY ON APPOINTMENT AND ANNUALLY THEREAFTER, DIRECTORS AND OFFICERS COMPLETE ANNUAL DECLARATION TO EITHER CONFIRM NO CONFLICTS, OR IDENTIFY POSSIBLE AND/OR ACTUAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST TO ANY BOARD MEMBER. THESE DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S REGISTERED OFFICE. FORM 990, PART XI, LINE 9: CHANGE IN LIMITED PARTNER'S INTEREST -479,267. FORM 990, PART XII, LINE 2C: THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. 4 NYC HOUSING INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 821711103 PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORK NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 AAFE COMMUNITY DEVELOPMENT FUND INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 134103352 PROVIDES TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTAGEGE LOANS NY 501(C)(3) LINE 7 ASIAN AMERICANS FOR EQUALITY INC 0 AAFE FAIR HOUSING CENTER INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 133943782 LEASE OFFICE SPACE IN THE JACKSON HEIGHTS NEIGHBORHOOD OF QUEENS NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 AAFE NEW AMERICANS OPPORTUNITY FUND INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 814698636 PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORK NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 ASIAN AMERICANS FOR EQUALITY INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 133187792 TO ADVANCES THE RIGHTS OF ASIAN AMERICANS AND ALL THOSE IN NEED NY 501(C)(3) LINE 7 N/A 0 BREMOND KING DAVIS HOUSING DEVELOPMENT FUND CORPORATION 108 NORFOLK ST NEW YORK NY 10002 473791580 DEVELOPING AND PRESERVING HOUSING PROJECTS FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 CHELSEA APTS HOUSING DEVELOPMENT FUND 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 320676960 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 161755393 DEVELOPING AND PRESERVING HOUSING PROJECTS FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 134145926 PROMOTES HOME OWNERSHIP FOR MINORITY AND UNDERSERVED POPULATIONS NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 COMMUNITY RENEWAL HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 461578773 REHABILITATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 DOWNTOWN MANHATTAN COMMUNITY DEVELOPMENT 141 NORFOLK STREET NEW YORK NY 10002 133784406 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET GROUND FLOOR NEW YORK NY 10002 161755397 PROVIDES LOW-INCOME HOUSING IN NYC & PROMOTES AFFORDABLE HOUSING NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 EL CARIBE HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 811091210 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 HARDESTY RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION PO BOX 22700 KANSAS CITY MO 64113 453190226 PROVIDES FINANCIAL ASSISTANCE TO QUALIFIED INDIVIDUALS AND BUSINESSES MO 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 810856461 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 MADISON STREET HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 811725502 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 MONTGOMERY HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 462101950 DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOME NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 ONE FLUSHING HDFC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 814301765 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 QUEENS HOUSING AND IMMIGRATION CENTER CORPORATION 2 ALLEN STREET 7TH FLOOR NEW 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