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Nonprofit · EIN 11-3289580

MRC HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · BROOKLYN, NY 11207

Financials

$929K$1.1M2023$921K$1.1M2024$896K$1.2M2025
Revenue Expenses · by fiscal year end
Financials of MRC HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$895,772$1,178,242-$282,470$1,601,444$5,348,681-$3,747,237
December 31, 2024990$921,252$1,088,826-$167,574$1,681,243$5,146,010-$3,464,767
December 31, 2023990$928,788$1,058,844-$130,056$1,843,985$5,141,178-$3,297,193
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$895,000
Investment income
$772
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$119,191
Salaries, compensation and benefits (total)
$160,404
Professional fundraising fees
$0
Legal fees
$750
Accounting fees
$13,730
Occupancy
$248,730
Depreciation
$204,429
Program services (functional)
$1,093,801
Management and general (functional)
$84,441

Balance sheet and other

Total assets, start of year
$1,681,243
Total assets, end of year
$1,601,444
Total liabilities, end of year
$5,348,681
Net assets, end of year
-$3,747,237
Land, buildings and equipment
$559,940
Net assets without donor restrictions
-$3,747,237
Gross receipts
$895,772
Employees
0
Volunteers
0
Year formed
1995
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, 2025, highest compensation first.

NameTitleHours / weekCompensation
ANTHONY MAMMINACHAIRMAN
Trustee or director, Officer
0.5$0
IVAN B HEYWARDTREASURER
Trustee or director, Officer
0.5$0
DIANTHA M WILSONSECRETARY
Trustee or director, Officer
0.5$0
CAROLINE FAULKNERDIRECTOR
Trustee or director
0.5$0
LYSCHEL WILKERSONDIRECTOR
Trustee or director
0.5$0
GREGORY COLIMONEXECUTIVE DIRECTOR
Officer
2$0
990 for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
ANTHONY MAMMINACHAIRMAN
Trustee or director, Officer
0.5$0
IVAN B HEYWARDTREASURER
Trustee or director, Officer
0.5$0
DIANTHA M WILSONSECRETARY
Trustee or director, Officer
0.5$0
CAROLINE FAULKNERDIRECTOR
Trustee or director
0.5$0
LYSCHEL WILKERSONDIRECTOR
Trustee or director
0.5$0
GREGORY COLIMONEXECUTIVE DIRECTOR
Officer
2$0
990 for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
ANTHONY MAMMINACHAIRMAN
Trustee or director, Officer
0.5$0
IVAN B HEYWARDTREASURER
Trustee or director, Officer
0.5$0
DIANTHA M WILSONSECRETARY
Trustee or director, Officer
0.5$0
CAROLINE FAULKNERDIRECTOR
Trustee or director
0.5$0
LYSCHEL WILKERSONDIRECTOR
Trustee or director
0.5$0
GREGORY COLIMONEXECUTIVE DIRECTOR
Officer
2$0

Address and contacts

Address (IRS master file)
539 ALABAMA AVENUE, BROOKLYN, NY 11207-6277
In care of
% ENYUYC
Principal officer (990 for 2025)
GREGORY COLIMON, 539 ALABAMA AVENUE, BROOKLYN, NY 11207
Signed the 990
GREGORY COLIMON, EXECUTIVE DIRECTOR
Phone
(845) 368-2400
Return prepared by
CARTER & COMPANY CPAS LLC

Mission

TO PROVIDE LOW INCOME HOUSING TO ELDERLY OR DISABLED CITIZENS.

990 for the year ended December 31, 2025

Program accomplishments

  • OPERATE A 54 UNIT, LOW INCOME APARTMENT COMPLEX FOR THE ELDERLY.
    Expenses $1,093,801 · revenue $895,000

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3289580
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,601,444
Income (IRS master file)
$895,772

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$895,772$1,178,242$1,601,444XML
990December 2024$921,252$1,088,826$1,681,243XML
990December 2023$928,788$1,058,844$1,843,985XML
990December 2022$906,125$1,081,665$1,979,165IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 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 11-3289580).

Questions about MRC HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of MRC HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of MRC HOUSING DEVELOPMENT FUND COMPANY INC is 11-3289580.
Is MRC HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to MRC HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MRC HOUSING DEVELOPMENT FUND COMPANY INC 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 MRC HOUSING DEVELOPMENT FUND COMPANY INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MRC HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of MRC HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2025 names GREGORY COLIMON.
Who are the officers and directors of MRC HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does MRC HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $895,772, expenses of $1,178,242 and total assets of $1,601,444 at year end.

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