2026-09-16T14:56:27-05:00 2025-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 9TH FLOOR NEW YORK NY 100172013 990EZ 2025-01-01 831862926 BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION BGBE 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 KEVIN MORAN CFO 2123899300 2026-09-16 1 SCOTT THOMPSETT P00741490 2125990100 2025 X X WWW.BREAKINGGROUND.ORG X X 0 0 0 0 -4350 0 -4350 X 0 0 4350 4350 -4350 -4350 X BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS. PROGRAM SERVICE ACCOMPLISHMENT 1 BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS THE BETANCES RESIDENCE. BETANCES RESIDENCE IS BREAKING GROUND'S FIRST PASSIVE HOUSE SUPPORTIVE RESIDENCE WITH A GOAL OF SIGNIFICANTLY REDUCING RELIANCE ON MUNICIPAL ENERGY SUPPLIES. DESIGNED FOR SENIORS WHO ARE EXITING HOMELESSNESS OR LIVING ON VERY LOW INCOMES, BETANCES HAS A NUMBER OF FEATURES THAT AIM TO HELP RESIDENTS REMAIN PHYSICALLY ENGAGED, INCLUDING ENTRANCES AND CORRIDORS THAT PROMOTE ACTIVE DESIGN PRINCIPLES, SPECIALLY DESIGNED OUTDOOR/GARDEN SPACES THAT WILL INCORPORATE TENANT GARDENING ACTIVITIES, AND ACCOMMODATIONS FOR RESIDENTS WHO HAVE MOBILITY CHALLENGES. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2025. 0 0 0 BRENDA E ROSEN PRESIDENT & CEO 0.10 0 0 0 KEVIN MORAN CFO 0.10 0 0 0 DAVID BEER VICE PRESIDENT 0.10 0 0 0 JUDITH ROSENFELD SECRETARY 0.10 0 0 0 BENJAMIN STACKS TREASURER 0.10 0 0 0 NICHOLAS TSANG CHAIRMAN 0.10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY KEVIN MORAN 505 EIGHTH AVENUE NEW YORK NY 10018 2123899300 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 BREAKING GROUND II HDFC 133846708 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 4,350. END OF YEAR AMOUNT: 4,350.