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Nonprofit · EIN 11-3755386

VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · BRONX, NY 10461

Financials

$1.9M$2.2M2023$2.4M$2.2M2024
Revenue Expenses · by fiscal year end
Financials of VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,365,632$2,195,733$169,899$3,151,404$11,516,427-$8,365,023
December 31, 2023990$1,933,554$2,156,428-$222,874$3,537,566$12,072,488-$8,534,922
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$1,957,469
of which government grants
$1,935,469
Program service revenue
$374,056
Investment income
$34,107
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$261,893
Salaries, compensation and benefits (total)
$368,749
Professional fundraising fees
$0
Legal fees
$6,693
Accounting fees
$41,938
Occupancy
$677,019
Depreciation
$419,825
Program services (functional)
$1,792,097
Management and general (functional)
$403,636

Balance sheet and other

Total assets, start of year
$3,537,566
Total assets, end of year
$3,151,404
Total liabilities, end of year
$11,516,427
Net assets, end of year
-$8,365,023
Land, buildings and equipment
$1,419,897
Net assets without donor restrictions
-$8,365,023
Gross receipts
$2,365,632
Employees
3
Year formed
1994
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
REV DR GAIL F BADGERMEMBER
Trustee or director
1$0
DEACON RODNEY A BECKFORDMEMBER
Trustee or director
1$0
REV EVA G DUZANTTREASURER
Trustee or director
1$0
REV DR KIMBERLY HOLMES ESQMEMBER
Trustee or director
1$0
GEORGE H WELDON JR2ND VICE CHA
Trustee or director, Officer
1$0
REV GREGORY A MERRIWEATHER JRMEMBER
Trustee or director
1$0
REV WENDY J KELLY-CARTERMEMBER
Trustee or director
1$0
DEBRA WASHINGTON MBAASSISTANT TR
Trustee or director
1$0
VIRGINIA M MONTAGUEMEMBER
Trustee or director
1$0
REV NIGEL PEARCE1ST VICE CHA
Trustee or director
1$0
MALCOLM A PUNTERPRESIDENT/CE
Trustee or director, Officer
1$0
IMAM TALIB ABDUR RASHIDCORPORATE SE
Trustee or director
1$0
REV KEITH WILLIAM ROBERSONCHAIRPERSON
Trustee or director, Officer
1$0
REV DR LOREN J RUSSELLMEMBER
Trustee or director
1$0
REV JOHN L SCOTTASSIST. SECR
Trustee or director
1$0
1 more people on this return
NameTitleHours / weekCompensation
REV SHEPHERD LEE SR3RD VICE CHA
Trustee or director
1$0
990 for the year ended December 31, 2023: 16 people
NameTitleHours / weekCompensation
REV DR GAIL F BADGERMEMBER
Trustee or director
1$0
DEACON RODNEY A BECKFORDMEMBER
Trustee or director
1$0
REV EVA G DUZANTTREASURER
Trustee or director
1$0
REV DR KIMBERLY HOLMES ESQMEMBER
Trustee or director
1$0
GEORGE H WELDON JR2ND VICE CHA
Trustee or director, Officer
1$0
REV GREGORY A MERRIWEATHER JRMEMBER
Trustee or director
1$0
REV WENDY J KELLY-CARTERMEMBER
Trustee or director
1$0
DEBRA WASHINGTON MBAASSISTANT TR
Trustee or director
1$0
VIRGINIA M MONTAGUEMEMBER
Trustee or director
1$0
REV NIGEL PEARCE1ST VICE CHA
Trustee or director
1$0
MALCOLM A PUNTERPRESIDENT/CE
Trustee or director, Officer
1$0
IMAM TALIB ABDUR RASHIDCORPORATE SE
Trustee or director
1$0
REV KEITH WILLIAM ROBERSONCHAIRPERSON
Trustee or director, Officer
1$0
REV DR LOREN J RUSSELLMEMBER
Trustee or director
1$0
REV JOHN L SCOTTASSIST. SECR
Trustee or director
1$0
REV SHEPHERD LEE SR3RD VICE CHA
Trustee or director
1$0

Address and contacts

Address (IRS master file)
1776 EASTCHESTER RD STE 210, BRONX, NY 10461-2334
In care of
% PRESTIGE MANAGEMENT INC
Principal officer (990 for 2024)
MALCOLM A PUNTER
Signed the 990
MALCOLM A PUNTER, PRESIDENT/CEO
Phone
(212) 281-4887
Return prepared by
VARGAS & RIVERA CPA'S LLP

Mission

PROVIDE HOUSING FOR THE ELDERLY UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE US DEPT. OF HUD.

990 for the year ended December 31, 2024

Program accomplishments

  • THE PROJECT PROVIDES HOUSING FOR LOW-INCOME ELDERLY IN A 110 UNIT APARTMENT BUILDING LOCATED IN NEW YORK.
    Expenses $1,792,097

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
11-3755386
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,151,404
Income (IRS master file)
$2,365,632

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,365,632$2,195,733$3,151,404XML
990December 2023$1,933,554$2,156,428$3,537,566XML
990December 2022$1,390,643$2,061,415$3,375,313IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 11-3755386).

Questions about VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION is 11-3755386.
Is VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does VICTORY ONE 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 VICTORY ONE 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 VICTORY ONE 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 VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 names MALCOLM A PUNTER.
Who are the officers and directors of VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does VICTORY ONE HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,365,632, expenses of $2,195,733 and total assets of $3,151,404 at year end.

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