Nonprofit · EIN 11-3018126
CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP
Tax-exempt · BROOKLYN, NY 11213
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $687,110 | $744,295 | -$57,185 | $302,866 | $2,934,270 | -$2,631,404 |
| December 31, 2023 | 990 | $603,931 | $842,984 | -$239,053 | $212,955 | $2,787,174 | -$2,574,219 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $209,478
- of which government grants
- $209,478
- Program service revenue
- $477,036
- Investment income
- $0
- Other revenue
- $596
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $314,060
- Salaries, compensation and benefits (total)
- $353,811
- Professional fundraising fees
- $0
- Legal fees
- $79,503
- Occupancy
- $72,288
- Depreciation
- $7,145
- Program services (functional)
- $484,684
- Management and general (functional)
- $259,611
Balance sheet and other
- Total assets, start of year
- $212,955
- Total assets, end of year
- $302,866
- Total liabilities, end of year
- $2,934,270
- Net assets, end of year
- -$2,631,404
- Land, buildings and equipment
- $46,596
- Net assets without donor restrictions
- -$2,631,404
- Gross receipts
- $687,110
- Employees
- 9
- Volunteers
- 10
- Year formed
- 1990
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| VAL HENRY | EXECUTIVE DI Officer | 1 | $0 | $195,500 | $7,598 |
| CHARLES THOMAS | CHAIRMAN Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| COREY SARGENT | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| MICHAEL BAILEY ESQ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| STEVE CROMITY | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| C ALLYSON FRANKLIN ESQ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MILDRED SMITH | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| VICTORIA POWE-BITTLE | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| VON JOSEPH | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| KENNETH LAIDLOW | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| KENNETH L PYLE SR | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 13 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| VAL HENRY | EXECUTIVE DI Officer | 1 | $0 | $183,568 | $7,170 |
| CHARLES THOMAS | CHAIRMAN Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| ALECIA D MASON | VICE CHAIRMA Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| CORY SARGEANT | TREASURER PR Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| C ALLYSON FRANKLIN ESQ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MILDRED SMITH | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| STEVE CROMITY | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| VICTORIA POWE-BITTLE | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| SONIA CLARKE | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| MICHAEL BAILEY ESQ | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| VON JOSEPH | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| KENNETH LAIDLOW | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
| KENNETH L PYLE SR | MEMBER Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 126 ALBANY AVE, BROOKLYN, NY 11213-1293
- Principal officer (990 for 2024)
- CHARLES THOMAS
- Signed the 990
- CHARLES THOMAS, CHAIRMAN
- Phone
- (718) 493-7400
- Return prepared by
- GALLEROS ROBINSON
Mission
THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, CONSTRUCTING, REHABILITATING, AND LEASING, MANAGING, EQUIPPING, MAINTAINING, DEVELOPING AND OPERATING HOUSING CORPORATIONS FOR PERSONS OF LOW INCOME AND NEEDY.
Program accomplishments
- THE CORPORATION HAS 53 SINGLE ROOM OCCUPANCY (SRO) UNITS AND PARTICIPATES IN THE SRO PROGRAM AS AUTHORIZED BY SECTION 441 OF THE MCKINNEY-VENTO HOMELESS ASSISTANCE ACT. ASSISTANCE PROVIDED UNDER THE SRO PROGRAM IS DESIGNED TO BRING MORE STANDARD SRO UNITS INTO THE LOCAL HOUSING SUPPLY AND TO USE THOSE UNITS TO ASSIST HOMELESS PERSONS. UNDER THE PROGRAM, THE CORPORATION REHABILITATED IN 1994, THEN CONTINUOUSLY MAINTAINS ITS 53-UNIT COMPLEX AND MAKES THESE UNITS AVAILABLE FOR HOMELESS AND NEEDY INDIVIDUALS. THE TENANTS ARE ELIGIBLE TO RECEIVE SECTION 8 RENTAL ASSISTANCE PAYMENTS. ELIGIBILITY IS DETERMINED BY THE NYC DEPARTMENT OF HOMELESS SERVICES; AND RENTAL ASSISTANCE PAYMENTS ARE MADE ON BEHALF OF HOMELESS INDIVIDUALS WHO RENT THE REHABILITATED DWELLINGS.Expenses $484,684 · revenue $477,632
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
- 11-3018126
- 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
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $302,866
- Income (IRS master file)
- $687,110
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $687,110 | $744,295 | $302,866 | IRS |
| 990 | December 2023 | $603,931 | $842,984 | $212,955 | XML |
| 990 | December 2022 | $546,019 | $753,093 | $223,580 | IRS |
| 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 11-3018126).
Questions about CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP
- What is the EIN of CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP?
- The employer identification number (EIN) of CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP is 11-3018126.
- Is CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CROWN HEIGHTS RESIDENCE FOR ADULTS 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 CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP 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 CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP 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 CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP?
- The 990 for the year ended December 31, 2024 names CHARLES THOMAS.
- Who are the officers and directors of CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP?
- The 990 for the year ended December 31, 2024 lists 11 people; 0 received compensation from the organization.
- How much revenue does CROWN HEIGHTS RESIDENCE FOR ADULTS HOUSING DEVELOPMENT FUND CORP have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $687,110, expenses of $744,295 and total assets of $302,866 at year end.
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