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Nonprofit · EIN 04-3732887

GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP

Tax-exempt · PORT CHESTER, NY 10573

Financials

$171K$59K2023$114K$59K2024
Revenue Expenses · by fiscal year end
Financials of GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
August 31, 2025990$114,007$58,840$55,167$2,135,197$77,582$2,057,615
August 31, 2024990$171,168$58,840$112,328$2,078,255$75,869$2,002,386
Financial details: 990 for the year ended August 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$21,987
Net rental income
$92,020
Other revenue
$92,020

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$42,540
Salaries, compensation and benefits (total)
$42,540
Professional fundraising fees
$0
Accounting fees
$16,200
Management and general (functional)
$58,840

Balance sheet and other

Total assets, start of year
$2,078,255
Total assets, end of year
$2,135,197
Total liabilities, end of year
$77,582
Net assets, end of year
$2,057,615
Land, buildings and equipment
$361,439
Net assets without donor restrictions
$1,977,615
Net assets with donor restrictions
$80,000
Gross receipts
$1,285,321
Employees
0
Year formed
2004
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 August 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
PETER J CICCONECOMMITTEE ME
Trustee or director
–$0
CYNTHIA PASSEROTREASURER &
Officer
–$0
ROBERT VILATOVICE CHAIRMA
Officer
–$0
ROBERT LEPORECHAIRMAN
Trustee or director, Officer
–$0
DANIEL BRAIADIRECTOR
Trustee or director
–$0
990 for the year ended August 31, 2024: 5 people
NameTitleHours / weekCompensation
PETER J CICCONECOMMITTEE ME
Trustee or director
–$0
CYNTHIA PASSEROTREASURER &
Officer
–$0
ROBERT VILATOVICE CHAIRMA
Officer
–$0
ROBERT LEPORECHAIRMAN
Trustee or director, Officer
–$0
DANIEL BRAIADIRECTOR
Trustee or director
–$0

Address and contacts

Address (IRS master file)
180 GRACE CHURCH STREET, PORT CHESTER, NY 10573-5143
In care of
% DOMINICK LAGANA
Principal officer (990 for 2024)
ROBERT LEPORE, 180 GRACE CHURCH STREET, PORT CHESTER, NY 10573
Signed the 990
ROBERT LEPORE, CHAIRMAN
Phone
(914) 241-3550
Return prepared by
CAPUTO & ASSOCIATES CPAS PC

Mission

GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP. PROVIDES HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME AS DEFINED IN SECTION 2 OF THE PRIVATE HOUSING FINANCE LAW. THESE HOUSING ACCOMODATIONS CONSIST OF AN 80 UNIT APARTMENT BUILDING LOCATED IN THE VILLAGE OF PORTCHESTER, COUNTY OF WESTCHESTER, NEW YORK.

990 for the year ended August 31, 2025

Program accomplishments

  • GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP. PROVIDES HOUSING ACCOMODATIONS FOR PERSONS AND FAMILIES OF LOW INCOME AS DEFINED IN SECTION 2 OF THE PRIVATE HOUSING FINANCE LAW. THESE HOUSING ACCOMODATIONS CONSIST OF AN 80 UNIT APARTMENT BUILDING LOCATED IN THE VILLAGE OF PORTCHESTER, COUNTY OF WESTCHESTER, NEW YORK.

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 August, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025August 31, 2026January 15, 2027Not due yet
2024August 31, 2025January 15, 2026990 on file
2023August 31, 2024January 15, 2025990 on file

IRS record

EIN
04-3732887
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2005
Accounting year ends
August
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,135,197
Income (IRS master file)
$1,285,321

Filing history

FormYear endedRevenueExpensesAssetsReturn
990August 2025$114,007$58,840$2,135,197XML
990August 2024$171,168$58,840$2,078,255XML
990August 2023$150,256$56,750$1,963,765IRS
990August 2022–––IRS
990August 2021–––IRS
990August 2020–––IRS
990August 2019–––IRS
990August 2018–––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 04-3732887).

Questions about GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP

What is the EIN of GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP?
The employer identification number (EIN) of GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP is 04-3732887.
Is GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
Are donations to GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP 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 GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP due?
The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended August 2025.
Who is the principal officer of GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP?
The 990 for the year ended August 31, 2025 names ROBERT LEPORE.
Who are the officers and directors of GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP?
The 990 for the year ended August 31, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does GRACELAND TERRACE HOUSING DEVELOPMENT FUND CORP have?
On its 990 for the year ended August 31, 2025 it reported revenue of $114,007, expenses of $58,840 and total assets of $2,135,197 at year end.

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