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Nonprofit · EIN 11-3517199

MHANY 1999 II HOUSING DEVELOPMENT FUND CORP

Tax-exempt · BROOKLYN, NY 11238

Financials

$2.1M$1.6M2023$2.3M$1.8M2024
Revenue Expenses · by fiscal year end
Financials of MHANY 1999 II HOUSING DEVELOPMENT FUND CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,271,173$1,805,336$465,837$12,123,068$3,123,889$8,999,179
December 31, 2023990$2,064,446$1,619,726$444,720$11,870,736$3,337,394$8,533,342
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,251,828
Investment income
$133
Other revenue
$19,212

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$16,935
Accounting fees
$15,014
Occupancy
$521,633
Depreciation
$387,457
Program services (functional)
$1,593,703
Management and general (functional)
$211,633

Balance sheet and other

Total assets, start of year
$11,870,736
Total assets, end of year
$12,123,068
Total liabilities, end of year
$3,123,889
Net assets, end of year
$8,999,179
Land, buildings and equipment
$8,526,948
Net assets without donor restrictions
$8,999,179
Gross receipts
$2,271,173
Employees
0
Volunteers
3
Year formed
1999
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.

NameTitleHours / weekCompensation
DERRICK OWENSSECRETARY
Trustee or director, Officer
1$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0
NATALIE BROWNPRESIDENT
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DOROTHY AMADISECRETARY
Trustee or director, Officer
1$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0
NATALIE BROWNPRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238-2208
In care of
% ISMENE SPELIOTIS
Principal officer (990 for 2024)
ISMENE SPELIOTIS, 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238
Signed the 990
ISMENE SPELIOTIS, EXECUTIVE DIRECTOR
Phone
(718) 246-8080
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.

990 for the year ended December 31, 2024

Program accomplishments

  • EXPENSES WERE INCURRED FOR THE MAINTENANCE OF A HOUSING PROJECT DEVELOPED FOR THE BENEFIT OF PERSONS OF LOW INCOME.
    Expenses $1,593,703 · revenue $2,271,040

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, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
11-3517199
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$12,123,068
Income (IRS master file)
$2,271,173

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,271,173$1,805,336$12,123,068XML
990December 2023$2,064,446$1,619,726$11,870,736XML
990December 2022$1,995,503$1,754,103$12,823,851IRS
990December 2021–––IRS
990December 2020–––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 11-3517199).

Questions about MHANY 1999 II HOUSING DEVELOPMENT FUND CORP

What is the EIN of MHANY 1999 II HOUSING DEVELOPMENT FUND CORP?
The employer identification number (EIN) of MHANY 1999 II HOUSING DEVELOPMENT FUND CORP is 11-3517199.
Is MHANY 1999 II HOUSING DEVELOPMENT FUND CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to MHANY 1999 II HOUSING DEVELOPMENT FUND CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MHANY 1999 II 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 MHANY 1999 II 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 MHANY 1999 II 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 MHANY 1999 II HOUSING DEVELOPMENT FUND CORP?
The 990 for the year ended December 31, 2024 names ISMENE SPELIOTIS.
Who are the officers and directors of MHANY 1999 II HOUSING DEVELOPMENT FUND CORP?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does MHANY 1999 II HOUSING DEVELOPMENT FUND CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,271,173, expenses of $1,805,336 and total assets of $12,123,068 at year end.

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