Nonprofit · EIN 01-0698010
H S C NO 5 HOUSING DEVELOPMENT FUND CO INC
Tax-exempt · GREENLAWN, NY 11740
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| July 31, 2025 | 990 | $1,116,391 | $1,185,598 | -$69,207 | $5,092,610 | $9,381,950 | -$4,289,340 |
| July 31, 2024 | 990 | $717,905 | $1,043,216 | -$325,311 | $5,160,506 | $9,380,639 | -$4,220,133 |
Financial details: 990 for the year ended July 31, 2025
Revenue
- Contributions, gifts and grants
- $325,397
- Program service revenue
- $788,910
- Investment income
- $2,084
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $153,783
- Salaries, compensation and benefits (total)
- $185,697
- Professional fundraising fees
- $0
- Legal fees
- $5,634
- Accounting fees
- $23,842
- Occupancy
- $102,808
- Depreciation
- $401,756
- Program services (functional)
- $998,672
- Management and general (functional)
- $186,926
Balance sheet and other
- Total assets, start of year
- $5,160,506
- Total assets, end of year
- $5,092,610
- Total liabilities, end of year
- $9,381,950
- Net assets, end of year
- -$4,289,340
- Land, buildings and equipment
- $4,816,558
- Net assets without donor restrictions
- -$4,289,340
- Gross receipts
- $1,116,391
- Employees
- 2
- Year formed
- 2002
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended July 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| WILLIAM DAVIDSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $266,294 |
| JUDY FARABAUGH | ACCOUNTANT Highest-paid employee | 1 | $4,800 | $227,866 |
| JEFFREY HARTMAN | DIRECTOR Trustee or director | 1 | $0 | $124,231 |
| JANICE DALESSIO | DIRECTOR Trustee or director, Officer | 1 | $0 | $56,994 |
| JOHN ZANFINO | DIRECTOR Trustee or director | 1 | $0 | $56,994 |
| JOHN FLANAGAN | DIRECTOR Trustee or director | 1 | $0 | $0 |
| VINCENT FRIGERIA III | DIRECTOR Trustee or director, Officer | 1 | $0 | $0 |
| CARL MILLS | DIRECTOR Trustee or director | 1 | $0 | $0 |
990 for the year ended July 31, 2024: 8 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| WILLIAM DAVIDSON | PRESIDENT Trustee or director, Officer | 1 | $0 | $253,116 |
| JUDY FARABAUGH | ACCOUNTANT Highest-paid employee | 1 | $4,800 | $217,274 |
| LAWRENCE CREGAN | DIRECTOR Trustee or director | 1 | $0 | $156,266 |
| JEFFREY HARTMAN | DIRECTOR Trustee or director | 1 | $0 | $117,864 |
| JANICE DALESSIO | DIRECTOR Trustee or director, Officer | 1 | $0 | $54,162 |
| JOHN ZANFINO | DIRECTOR Trustee or director | 1 | $0 | $54,162 |
| VINCENT FRIGERIA III | DIRECTOR Trustee or director, Officer | – | $0 | $0 |
| FRANK TASSONE | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 650 PAUMANACK VILLAGE DR, GREENLAWN, NY 11740-2406
- In care of
- % JMO EINSIDLER MGMT INC
- Principal officer (990 for 2024)
- WILLIAM DAVIDSON, 650 PAUMANACK VILLAGE DRIVE, GREENLAWN, NY 11740
- Signed the 990
- WILLIAM DAVIDSON, PRESIDENT
- Phone
- (631) 262-0101
- Return prepared by
- KING AND ASSOCIATES CPA PC
Mission
PROVIDE LOW INCOME HOUSING FOR THE ELDERY.
Program accomplishments
- PROVIDED HOUSING FOR THE ELDERLY - 70 APARTMENTSExpenses $998,672 · revenue $1,114,307
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in July, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | July 31, 2026 | December 15, 2026 | Not due yet |
| 2024 | July 31, 2025 | December 15, 2025 | 990 on file |
| 2023 | July 31, 2024 | December 16, 2024 | 990 on file |
IRS record
- EIN
- 01-0698010
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2002
- Accounting year ends
- July
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $5,092,610
- Income (IRS master file)
- $1,116,391
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | July 2025 | $1,116,391 | $1,185,598 | $5,092,610 | IRS |
| 990 | July 2024 | $717,905 | $1,043,216 | $5,160,506 | XML |
| 990 | July 2023 | $756,681 | $1,040,625 | $5,481,229 | IRS |
| 990 | July 2022 | – | – | – | IRS |
| 990 | July 2021 | – | – | – | IRS |
| 990 | July 2020 | – | – | – | IRS |
| 990 | July 2019 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 01-0698010).
Questions about H S C NO 5 HOUSING DEVELOPMENT FUND CO INC
- What is the EIN of H S C NO 5 HOUSING DEVELOPMENT FUND CO INC?
- The employer identification number (EIN) of H S C NO 5 HOUSING DEVELOPMENT FUND CO INC is 01-0698010.
- Is H S C NO 5 HOUSING DEVELOPMENT FUND CO INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
- Are donations to H S C NO 5 HOUSING DEVELOPMENT FUND CO INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does H S C NO 5 HOUSING DEVELOPMENT FUND CO INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of H S C NO 5 HOUSING DEVELOPMENT FUND CO INC due?
- The return for tax year 2025 (the year ending July 31, 2026) is due December 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did H S C NO 5 HOUSING DEVELOPMENT FUND CO INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended July 2025.
- Who is the principal officer of H S C NO 5 HOUSING DEVELOPMENT FUND CO INC?
- The 990 for the year ended July 31, 2025 names WILLIAM DAVIDSON.
- Who are the officers and directors of H S C NO 5 HOUSING DEVELOPMENT FUND CO INC?
- The 990 for the year ended July 31, 2025 lists 8 people; 1 received compensation from the organization.
- How much revenue does H S C NO 5 HOUSING DEVELOPMENT FUND CO INC have?
- On its 990 for the year ended July 31, 2025 it reported revenue of $1,116,391, expenses of $1,185,598 and total assets of $5,092,610 at year end.
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