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Nonprofit · EIN 11-2837985

TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · BROOKLYN, NY 11202

Financials

$1.7M$1.8M2022$1.5M$1.5M2023$1.4M$1.7M2024
Revenue Expenses · by fiscal year end
Financials of TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,393,209$1,725,355-$332,146$1,293,097$2,115,352-$822,255
June 30, 2024990 (amended)$1,475,382$1,531,605-$56,223$1,030,257$1,520,366-$490,109
June 30, 2023990$1,742,153$1,800,733-$58,580$2,051,260$2,485,146-$433,886
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,393,209
of which government grants
$1,393,209
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Occupancy
$87,387
Travel
$380
Program services (functional)
$1,433,567
Management and general (functional)
$291,788

Balance sheet and other

Total assets, start of year
$1,030,257
Total assets, end of year
$1,293,097
Total liabilities, end of year
$2,115,352
Net assets, end of year
-$822,255
Land, buildings and equipment
$145,931
Net assets without donor restrictions
-$822,255
Gross receipts
$1,393,209
Employees
0
Volunteers
0
Year formed
1987
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JODI QUERBACHCOO & ACTING CO-PRES/EXECUTIVE DR.
Officer
1$0$240,886$25,449
MONAE PRIOLENAUINTERIM CO-EXECUTIVE DIRECTOR
Officer
1$0$194,987$15,682
DOUGLAS SCHNEIDERGENERAL COUNSEL
Officer
1$0$125,639$36,794
JOSEPH FREYERCHAIR
Trustee or director, Officer
1$0$0$0
KISHOR MALAVADETREASURER
Trustee or director, Officer
1$0$0$0
JERRY R RIVERASECRETARY
Trustee or director, Officer
1$0$0$0
SHAWN AUSTINDIRECTOR
Trustee or director
1$0$0$0
KEITH BANHAZLDIRECTOR (THRU 07/2024)
Trustee or director
1$0$0$0
MARLA G SIMPSONDIRECTOR (THRU 12/2024)
Trustee or director
1$0$0$0
IRENE VAN SLYKEDIRECTOR
Trustee or director
1$0$0$0
FRANK LEI AS OF 052025CHIEF FINANCIAL OFFICER
Officer
1$0$0$0
990 for the year ended June 30, 2024: 7 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JANELLE FARRISEXECUTIVE DIRECTOR
Officer
5$0$287,496$16,751
DMITRIY GOYZMANCFO (FORMER)
Officer
5$0$184,500$12,507
KISHOR MALAVADECHAIR
Trustee or director, Officer
0.3$0$0$0
SHAWN AUSTINDIRECTOR
Trustee or director
0.3$0$0$0
IRENE VAN SLYKEDIRECTOR
Trustee or director
0.3$0$0$0
BROOKLYN BUREAU OF COMMUNITY SERVICESOLE VOTING MEMBER
Institutional trustee
5$0$0$0
FRANK LEICFO (CURRENT)
Officer
5$0$0$0
990 for the year ended June 30, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JANELLE FARRISEXECUTIVE DIRECTOR
Officer
5$0$257,352$13,320
JOSEPH FREYERCHAIR
Trustee or director, Officer
0.3$0$0$0
KISHOR MALAVADETREASURER
Trustee or director, Officer
0.3$0$0$0
JERRY RIVERASECRETARY
Trustee or director, Officer
0.3$0$0$0
KEITH BANHAZLDIRECTOR
Trustee or director
0.3$0$0$0
SHAWN AUSTINDIRECTOR
Trustee or director
0.3$0$0$0
MARLA SIMPSONDIRECTOR
Trustee or director
0.3$0$0$0
IRENE VAN SLYKEDIRECTOR
Trustee or director
0.3$0$0$0
BROOKLYN BUREAU OF COMMUNITY SERVICESOLE VOTING MEMBER
Institutional trustee
5$0$0$0

Address and contacts

Address (IRS master file)
PO BOX 24630, BROOKLYN, NY 11202-4630
In care of
% JANELLE FARRIS
Principal officer (990 for 2024)
ARCHANA JAYARAM, PO BOX 24630, BROOKLYN, NY 11202
Signed the 990
ARCHANA JAYARAM, EXECUTIVE DIRECTOR
Phone
(718) 318-5605
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

TURNING POINT HOUSING DEVELOPMENT CORPORATION PROVIDES TRANSITIONAL HOUSING FOR YOUNG, FEMALE ADULTS. AS PART OF THE BROOKLYN COMMUNITY SERVICES HOUSING NETWORK, THE ORGANIZATION PROVIDES (SEE SCHEDULE O)EDUCATIONAL, HEALTH AND SOCIAL SERVICES TO DISADVANTAGED WOMEN IN BROOKLYN, NEW YORK.

990 for the year ended June 30, 2025

Program accomplishments

  • OPERATION OF A TITLE XI HOUSING FACILITY FOR PEOPLE FUNDED BY NEW YORK CITY DEPARTMENT OF HOMELESS SERVICES.
    Expenses $1,433,567

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

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
11-2837985
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
1989
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,293,097
Income (IRS master file)
$1,393,209

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,393,209$1,725,355$1,293,097XML
990June 2024$1,475,382$1,531,605$1,030,257XML
990June 2023$1,742,153$1,800,733$2,051,260XML
990June 2022$1,603,576$1,570,745$891,609IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 11-2837985).

Questions about TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION is 11-2837985.
Is TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TURNING POINT 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 TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2025 names ARCHANA JAYARAM.
Who are the officers and directors of TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2025 lists 11 people; 0 received compensation from the organization.
How much revenue does TURNING POINT HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,393,209, expenses of $1,725,355 and total assets of $1,293,097 at year end.

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