2026-08-17T11:47:09-05:00 2025-09-30 Fogel Klein LLP 50 Chestnut Ridge Rd Ste 202 Montvale NJ 076451814 990 2024-10-01 112662285 Berean Housing Development Fund Company Inc % CAPITAL REALTY GROUP INC BERE 1481 Saints Mark Ave Brooklyn NY 11233 Dr Arlee Arkofa PRESIDENT 5162857500 2026-08-12 true true MOSHE KLEIN P00846205 2016000026 2024 2025-03-06 01:10:19Z Dr Arlee Arkofa 1481 Saints Mark Ave Brooklyn NY 11233 1812738 false X N/A X 1983 NY BEREAN HOUSING DEVELOPMENT FUND COMPANY, INC. PROVIDES RESIDENTIAL HOUSING TO LOW-INCOME ELDERLY. 8 8 8 0 1159128 1425380 328791 375182 13473 12176 0 0 1501392 1812738 0 0 0 0 284740 273701 0 0 0 1324401 1827396 1609141 2101097 -107749 -288359 3029806 2918297 7732718 7909568 -4702912 -4991271 X THE ORGANIZATION'S MISSION IS TO PROVIDE RESIDENTIAL HOUSING TO LOW-INCOME ELDERLY. false false 531110 1953134 375182 THE ORGANIZATION CONTINUES TO PROVIDE SUPPORTIVE HOUSING TO LOW-INCOME ELDERLY IN ITS 77-UNIT RESIDENIAL HOUSING PROJECT IN BROOKLYN, NEW YORK. THE PROJECT IS REGULATED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS TO RENT CHARGES AND OPERATING METHODS UNDER THE SECTION 202 SUPPORTIVE HOUSING FOR THE ELDERLY PROGRAM. 1953134 true true false false false false false true false true false false true true false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 7 0 true 8 true false false false false false false false false false false X 8 8 false true false false false false false true true false false true false false false false NY X CAPITAL REALTY GROUP INC 8453567773 86 E ROUTE 59 SPRING VALLEY NY 10977 X DR ARLEE ARKOFA PRESIDENT 1.0 0.0 X X 0 0 0 REV TREVOR HYDE VICE PRESIDENT 1.0 0.0 X X 0 0 0 FORREST MCDONALD TREASURER 1.0 0.0 X X 0 0 0 RONALD BRIDGES DIRECTOR 1.0 0.0 X 0 0 0 MICHAEL JOHNSON DIRECTOR 1.0 0.0 X 0 0 0 LATONYA EVANS DIRECTOR 1.0 0.0 X 0 0 0 JOHN WATSON DIRECTOR 1.0 0.0 X 0 0 0 VIVIAN Y BRIGHT SECRETARY 1.0 0.0 X X 0 0 0 0 0 0 0 false false false 0 1425380 1425380 LOW INCOME HOUSING RENTAL 531110 375182 375182 375182 12176 12176 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1812738 375182 12176 X 0 0 0 0 0 0 245180 245180 0 8122 8122 20399 20399 117972 117972 57985 57985 29912 29912 0 0 0 304220 304220 2145 2145 68726 68726 0 0 651443 651443 0 0 79 79 0 0 147972 147972 0 BAD DEBT EXPENSE 2312 2312 OTHER TAX EXPENSE 24182 24182 ELDERLY CARE EXPENSES 66298 66298 BUILDING FACADE VIOLATIONS 354150 354150 2101097 1953134 147963 0 X 46948 255680 0 0 0 0 413470 14294 0 0 0 0 0 0 0 0 39463 51719 8172905 5823321 2100349 2349584 0 0 0 0 0 0 0 0 429576 247020 3029806 2918297 891228 749710 0 0 4308 8290 0 0 28711 28345 0 0 6758276 6758276 0 0 50195 364947 7732718 7909568 X -4702912 -4991271 0 0 -4702912 -4991271 3029806 2918297 -288359 X false true X true true true X 26000 0 857209 1159128 1425380 3467717 1142302 1128624 303391 328791 375182 3278290 0 0 0 1168302 1128624 1160600 1487919 1800562 6746007 0 0 0 6746007 159 48 275 13473 12176 26131 0 159 48 275 13473 12176 26131 0 10955 1473 12428 1179416 1130145 1160875 1501392 1812738 6784566 0.99432 0.98843 0.00385 0.00222 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 38464 38464 5277839 3881674 1396165 2626189 1727505 898684 190679 181408 9271 39734 32734 7000 2349584 TENANT SECURITY DEPOSITS 28950 REPLACEMENT RESERVE 191804 RESIDUAL RECEIPTS 26266 247020 0 PENSION WITHDRAWAL 39797 BUILDING VIOLATION PAYABLE 325150 364947 X 1812738 1812738 1812738 2101097 2101097 2101097 PART IV, LINE 2B: THE RESIDENT SECURITY DEPOSIT ACCOUNT WAS ESTABLISHED ACCORDING TO HUD REGULATIONS FOR SAFEKEEPING OF THE RESIDENTS' INITIAL RENTAL DEPOSITS. ADDITIONS TO THIS ACCOUNT OCCUR WHEN A RESIDENT MOVES IN AND AS INTEREST ACCRUES. DISBURSEMENT OF THESE FUNDS CAN ONLY BE MADE WHEN A RESIDENT VACATES THE APARTMENT. PART X, LINE 2: The Corporation is owned by a Nonprofit Corporation, a tax-exempt entity under Section 501(c)(3) of the Internal Revenue Code. Federal and state tax authorities generally have the right to examine and audit the previous three years of tax returns filed. For the year ended September 30, 2025, there were no uncertain tax positions. FORM 990, PART VI, SECTION A, LINE 3 THE ORGANIZATION HAS DELEGATED MANAGEMENT DUTIES TO CAPITAL REALTY GROUP, INC., AN EXPERIENCED AFFORDABLE HOUSING MANAGEMENT COMPANY. UNDER THE TERMS OF THE MANAGEMENT AGREEMENT APPROVED BY HUD, CAPITAL REALTY GROUP, INC. MANAGES THE ORGANIZATION'S OPERATIONS. FORM 990, PART VI, SECTION B, LINE 11B ORGANIZATION'S PROCESS TO REVIEW FORM 990 THE DRAFT FORM 990 IS INITIALLY PROVIDED TO THE MANAGING AGENT FOR REVIEW AND COMMENTS. ONCE REVIEWED AND COMMENTS ADDRESSED, COPY OF THE DRAFT FORM 990 IS PROVIDED TO THE BOARD THROUGH THE BOARD CHAIR FOR REVIEW COMMENTS AND APPROVAL FOR SUBMISSION TO THE IRS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990 PART IX LINE 11G DESCRIPTION:REPAIRS AND MAINTENANCE TOTAL FEES:29609 FORM 990 PART IX LINE 11G DESCRIPTION:LANDSCAPING TOTAL FEES:9651 FORM 990 PART IX LINE 11G DESCRIPTION:SECURITY TOTAL FEES:264960