Nonprofit · EIN 11-3440915
BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11216
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $74,983 | $128,558 | -$53,575 | $1,211,481 | $124,348 | $1,087,133 |
| December 31, 2023 | 990 (amended) | $126,059 | $293,229 | -$167,170 | $1,494,073 | $353,365 | $1,140,708 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $72,622
- Investment income
- $2,136
- Other revenue
- $225
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Occupancy
- $800
- Management and general (functional)
- $128,558
Balance sheet and other
- Total assets, start of year
- $1,494,073
- Total assets, end of year
- $1,211,481
- Total liabilities, end of year
- $124,348
- Net assets, end of year
- $1,087,133
- Net assets without donor restrictions
- $1,087,133
- Gross receipts
- $74,983
- 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, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY ANDERSON | PRESIDENT AND CEO Officer | 1 | $0 | $216,250 | $17,701 |
| EDWARD ODOM JR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHYLLIS WHITE-THORNE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABITZEL ROBINSON-HOBSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| VALERIE KENDRICK-COUSIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DREXEL HARRIS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| FITZGERALD MILLER | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NILES D STEWART | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JOAN BARTOLOMEO | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| REV DAVID B COUSIN SR | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| TAMARA CHARLES | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| SHIMONAH ISRAEL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| JANEL SHERVINGTON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| BONNY O WILLIAMS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| OMAR WASHINGTON | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| GREGORY ANDERSON | PRESIDENT AND CEO Officer | 40 | $0 | $201,108 | $23,731 |
| EDWARD ODOM JR | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| PHYLLIS WHITE-THORNE | VICE CHAIR Trustee or director, Officer | 1 | $0 | $0 | $0 |
| ABITZEL ROBITSON-HOBSON | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| VALERIE KENDERICK-COUSIN | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| DREXEL HARRIS | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| NILES DANTE STEWART | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 460 NOSTRAND AVENUE, BROOKLYN, NY 11216-2286
- Principal officer (990 for 2024)
- GREGORY ANDERSON, 460 NOSTRAND AVENUE, BROOKLYN, NY 11216
- Signed the 990
- GREGORY ANDERSON, PRESIDENT & CEO
- Phone
- (718) 399-0146
- Website
- WWW.BSDCORP.ORG
- Return prepared by
- EFPR ADVISORY LLC
Mission
BSDC NEIGHBORHOOD HOMES HDFC'S PRIMARY MISSION IS TWOFOLD: (1) DEVELOPING AND UPGRADING HOUSING FOR LOW AND MODERATE INCOME FAMILIES IN THE BEDFORD-STUYVESANT AREA; AND (2) ENCOURAGING THE NEIGHBORHOOD STABILITY AND INFRASTRUCTURE DEVELOPMENT BY TAKING A LEADERSHIP ROLE IN HOUSING DEVELOPMENT.
Program accomplishments
- THE NEIGHBORHOOD HOMES PROGRAM IS DESIGNED TO DEVELOP PROPOSALS AND IDENTIFY SITES FOR AFFORDABLE HOUSING FOR LOW AND MODERATE INCOME RESIDENTS OF BROOKLYN.revenue $72,622
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
- 11-3440915
- 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
- 1999
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $1,211,481
- Income (IRS master file)
- $74,983
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $74,983 | $128,558 | $1,211,481 | XML |
| 990 | December 2023 | $126,059 | $293,229 | $1,494,073 | XML |
| 990 | December 2022 | $791,916 | $429,826 | $1,491,781 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 11-3440915).
Questions about BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION is 11-3440915.
- Is BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BSDC NEIGHBORHOOD HOMES 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 BSDC NEIGHBORHOOD HOMES 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 BSDC NEIGHBORHOOD HOMES 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 BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names GREGORY ANDERSON.
- Who are the officers and directors of BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 15 people; 0 received compensation from the organization.
- How much revenue does BSDC NEIGHBORHOOD HOMES HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $74,983, expenses of $128,558 and total assets of $1,211,481 at year end.
Other nonprofits in BROOKLYN
- HOME-LIFE SERVICES INC EIN 13-3899699 · last filed 990 for 2025
- HIGHLAND PARK COMMUNITY DEVELOPMENT CORPORATION EIN 11-3462888 · last filed 990 for 2025
- MIDWAY LIVING INC EIN 81-4594389 · last filed 990 for 2025
- EDUCATIONAL HOUSING SERVICES INC EIN 13-3411159 · last filed 990 for 2024
- CAMBA HOUSING VENTURES INC EIN 55-0881162 · last filed 990 for 2025
- CATHOLIC CHARITIES PROGRESS OF DEVELOPMENT CORPORATION EIN 11-2431586 · last filed 990 for 2025
- SOUTHSIDE UNITED HOUSING DEVELOPMENT FUND CORPORATION EIN 11-2268359 · last filed 990 for 2024
- LEAP INC EIN 11-3111694 · last filed 990 for 2025