Nonprofit · EIN 06-1548990
MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11238
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $656,726 | $769,867 | -$113,141 | $1,956,703 | $9,516,296 | -$7,559,593 |
| December 31, 2023 | 990 | $671,478 | $743,988 | -$72,510 | $1,989,873 | $9,436,325 | -$7,446,452 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $653,556
- Investment income
- $2,578
- Other revenue
- $592
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $11,197
- Accounting fees
- $17,057
- Occupancy
- $241,827
- Depreciation
- $49,903
- Program services (functional)
- $699,340
- Management and general (functional)
- $70,527
Balance sheet and other
- Total assets, start of year
- $1,989,873
- Total assets, end of year
- $1,956,703
- Total liabilities, end of year
- $9,516,296
- Net assets, end of year
- -$7,559,593
- Land, buildings and equipment
- $1,490,520
- Net assets without donor restrictions
- -$7,559,593
- Gross receipts
- $656,726
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1999
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DERRICK OWENS | SECRETARY Trustee or director, Officer | 1 | $0 |
| JENNY PACHECO | TREASURER Trustee or director, Officer | 1 | $0 |
| NATALIE BROWN | PRESIDENT Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| DOROTHY AMADI | SECRETARY Trustee or director, Officer | 1 | $0 |
| JENNY PACHECO | TREASURER Trustee or director, Officer | 1 | $0 |
| NATALIE BROWN | PRESIDENT Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238-2208
- In care of
- % ISMENE SPELIOTIS
- Principal officer (990 for 2024)
- ISMENE SPELIOTIS, 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238
- Signed the 990
- ISMENE SPELIOTIS, EXECUTIVE DIRECTOR
- Phone
- (718) 246-8080
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.
Program accomplishments
- EXPENSES WERE INCURRED FOR THE MAINTENANCE OF A HOUSING PROJECT DEVELOPED FOR THE BENEFIT OF PERSONS OF LOW INCOME.Expenses $699,340 · revenue $654,148
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 06-1548990
- 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
- 2000
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $1,956,703
- Income (IRS master file)
- $656,726
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $656,726 | $769,867 | $1,956,703 | XML |
| 990 | December 2023 | $671,478 | $743,988 | $1,989,873 | XML |
| 990 | December 2022 | $668,406 | $660,965 | $1,980,102 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 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 06-1548990).
Questions about MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION is 06-1548990.
- Is MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
- Are donations to MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION 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 MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names ISMENE SPELIOTIS.
- Who are the officers and directors of MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does MHANY 1999 HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $656,726, expenses of $769,867 and total assets of $1,956,703 at year end.
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