Nonprofit · EIN 11-2737223
NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION
Tax-exempt (reinstated) · BROOKLYN, NY 11233
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,708,790 | $3,416,325 | -$707,535 | $8,199,229 | $2,252,996 | $5,946,233 |
| December 31, 2023 | 990 | $2,359,375 | $2,986,648 | -$627,273 | $8,792,414 | $2,210,199 | $6,582,215 |
| December 31, 2022 | 990 (amended) | $3,752,725 | $2,670,918 | $1,081,807 | $9,545,860 | $2,359,520 | $7,186,340 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $19,097
- Program service revenue
- $2,016,036
- Investment income
- $164,947
- Other revenue
- $508,710
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $458,379
- Other salaries and wages
- $1,304,624
- Salaries, compensation and benefits (total)
- $2,023,455
- Professional fundraising fees
- $0
- Legal fees
- $4,990
- Accounting fees
- $32,000
- Occupancy
- $66,693
- Depreciation
- $13,283
- Program services (functional)
- $2,691,885
- Management and general (functional)
- $724,440
Balance sheet and other
- Total assets, start of year
- $8,792,414
- Total assets, end of year
- $8,199,229
- Total liabilities, end of year
- $2,252,996
- Net assets, end of year
- $5,946,233
- Land, buildings and equipment
- $61,049
- Net assets without donor restrictions
- $5,946,233
- Gross receipts
- $2,708,790
- Employees
- 38
- Year formed
- 1985
- 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 |
|---|---|---|---|
| JEFFREY DUNSTON | CHIEF EXECUTIVE OFFICER Officer | 20 | $296,774 |
| NATHANIEL MONTGOMERY | CHIEF OPERATING OFFICER Officer | 20 | $175,000 |
| EDNA JOHNSON | CHAIRPERSON Trustee or director | 2 | $0 |
| JAMES HENRY | SECRETARY Trustee or director | 2 | $0 |
| TIECHA MERITT | MEMBER Trustee or director | 2 | $0 |
| SHIRLEY JACKSON | MEMBER Trustee or director | 2 | $0 |
| DOUGLAS GILES | MEMBER Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY DUNSTON | CHIEF EXECUTIVE OFFICER Officer | 20 | $298,920 |
| NATHANIEL MONTGOMERY | CHIEF OPERATING OFFICER Officer | 20 | $175,000 |
| VICTOR AYALA | MEMBER Trustee or director | 2 | $0 |
| OSEI RUBIE | MEMBER Trustee or director | 2 | $0 |
| EDNA JOHNSON | PRESIDENT Trustee or director | 2 | $0 |
| ELLIOTT ROBINSON Jr | TREASURER Trustee or director | 2 | $0 |
| JAMES HENRY | SECRETARY Trustee or director | 2 | $0 |
990 for the year ended December 31, 2022: 7 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JEFFREY DUNSTON | CHIEF EXECUTIVE OFFICER Officer | 20 | $300,000 |
| NATHANIEL MONTGOMERY | CHIEF OPERATING OFFICER Officer | 0 | $175,000 |
| VICTOR AYALA | MEMBER Trustee or director | 0 | $0 |
| OSEI RUBIE | MEMBER Trustee or director | 0 | $0 |
| EDNA JOHNSON | PRESIDENT Trustee or director | 0 | $0 |
| ELLIOTT ROBINSON Jr | TREASURER Trustee or director | 0 | $0 |
| JAMES HENRY | SECRETARY Trustee or director | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 132 RALPH AVENUE, BROOKLYN, NY 11233-1773
- In care of
- % JEFFERY DUNSTON
- Principal officer (990 for 2024)
- JEFFREY DUNSTON, 132 RALPH AVENUE, Brooklyn, NY 11233
- Signed the 990
- JEFFERY DUNSTON, PRESIDENT
- Return prepared by
- IVAN W HARPER
Mission
The Organization is commited to the preservation, development, and management of affordable housing and home ownership opportunities:community and economic development initiative and human services to effect social change in central Brooklyn.
Program accomplishments
- ASSET MANAGEMENT Asset management is focused on maximizing the value of every building in its expanding real estate portfolio. The Asset Management team works closely with its property management team to ensure that all buildings are operating efficiency and realizing their full potential as affordable and sustainable assets.Expenses $2,018,914 · revenue $1,777,366
- REAL ESTATE DEVELOPMENT Develope and management real estate assets to contribute to the communitys resurgence. Preserve and create high quality affordable housing for low, moderate and middle income families.Expenses $565,296 · revenue $610,208
- SOCIAL SERVICE Provide an environment of opportunity and connection to resources for tenant and community residents. Support tenant ability to meet the responsibilities and enjoy the rights of tenancy. Support economic stability, education and healthy living for the community through collaborations with partner agencies.Expenses $107,675 · revenue $156,266
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
- 11-2737223
- 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
- 2012
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $8,199,229
- Income (IRS master file)
- $2,708,790
Revocation and reinstatement
- Exemption revoked
- May 15, 2011
- Posted by the IRS
- February 22, 2012
- Reinstated
- Effective February 15, 2012
From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,708,790 | $3,416,325 | $8,199,229 | XML |
| 990 | December 2023 | $2,359,375 | $2,986,648 | $8,792,414 | XML |
| 990 | December 2022 | $3,752,725 | $2,670,918 | $9,545,860 | XML |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 11-2737223).
Questions about NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION
- What is the EIN of NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION is 11-2737223.
- Is NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS revoked its exemption on May 15, 2011 and reinstated it effective February 15, 2012.
- Are donations to NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does NORTHEAST BROOKLYN HOUSING DEVELOPMENT 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 NORTHEAST BROOKLYN HOUSING DEVELOPMENT 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 NORTHEAST BROOKLYN HOUSING DEVELOPMENT 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 NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names JEFFREY DUNSTON.
- Who are the officers and directors of NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization, the highest $296,774 (JEFFREY DUNSTON, CHIEF EXECUTIVE OFFICER).
- How much revenue does NORTHEAST BROOKLYN HOUSING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,708,790, expenses of $3,416,325 and total assets of $8,199,229 at year end.
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