Nonprofit · EIN 13-3054220
178TH STREET HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BRONX, NY 10457
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $2,009,717 | $2,590,381 | -$580,664 | $1,401,022 | $8,810,732 | -$7,409,710 |
| June 30, 2024 | 990 | $1,900,922 | $2,288,136 | -$387,214 | $1,335,768 | $8,164,814 | -$6,829,046 |
| June 30, 2023 | 990 | $2,017,884 | $2,347,395 | -$329,511 | $1,607,743 | $8,049,575 | -$6,441,832 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,009,240
- Investment income
- $477
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $98,306
- Salaries, compensation and benefits (total)
- $160,616
- Professional fundraising fees
- $0
- Legal fees
- $11,527
- Accounting fees
- $17,201
- Depreciation
- $35,013
- Program services (functional)
- $2,467,541
- Management and general (functional)
- $122,840
Balance sheet and other
- Total assets, start of year
- $1,335,768
- Total assets, end of year
- $1,401,022
- Total liabilities, end of year
- $8,810,732
- Net assets, end of year
- -$7,409,710
- Land, buildings and equipment
- $472,861
- Net assets without donor restrictions
- -$7,409,710
- Gross receipts
- $2,009,717
- Employees
- 5
- Volunteers
- 0
- Year formed
- 1980
- 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 June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SALVATORE GIGANTE | VICE PRESIDENT Trustee or director, Officer | 1 | $0 | $250,490 |
| SONAL SHAH | CONTROLLER Highest-paid employee | 1 | $0 | $144,679 |
| ANGELA DAVIS FARRISH | CHIEF EXECTIVE DIRECTOR Officer | 1 | $0 | $34,615 |
| ENRICO BOCCIA | CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| EVELYN VELAZQUEZ | TREASUREY/SECRETARY Trustee or director, Officer | 0 | $0 | $0 |
990 for the year ended June 30, 2024: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SALVATORE GIGANTE | VICE PRESIDE Trustee or director, Officer | 0.3 | $0 | $251,995 |
| SONAL SHAH | CONTROLLER Highest-paid employee | – | $0 | $139,248 |
| ENRICO BOCCIA | CHAIR Trustee or director, Officer | 0.05 | $0 | $0 |
| EVELYN VELAZQUEZ | TREASUREY/SE Trustee or director, Officer | 0.05 | $0 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| SALVATORE GIGANTE | VICE PRESIDE Trustee or director, Officer | 0.3 | $0 | $216,439 |
| SONAL SHAH | CONTROLLER Highest-paid employee | 0 | $0 | $133,882 |
| ENRICO BOCCIA | CHAIR Trustee or director, Officer | 0.05 | $0 | $800 |
| CARMEN REYES | TREASURER/SE Trustee or director, Officer | 0.05 | $0 | $800 |
Address and contacts
- Address (IRS master file)
- 2000 WASHINGTON AVE, BRONX, NY 10457-4322
- Mailing address (990-N for 2015)
- 885 BRUCKNER BOULEVARD, THE BRONX NY 104595201
- Principal officer (990 for 2024)
- SALVATORE GIGANTE, 429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455
- Principal officer (990-N for 2015)
- SALVATORE GIGANTE, 885 BRUCKNER BOULEVARD, BRONX NY 10459
- Signed the 990
- SALVATORE GIGANTE, VICE PRESIDENT
- Phone
- (718) 617-2800
- Website
- WWW.SEBCODEVELOMENT.ORG
- Return prepared by
- LIPSKY GOODKIN & CO PC
Mission
PROVIDES AFORDABLE HOUSING TO THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959.
Program accomplishments
- PROVIDES AFORDABLE HOUSING TO THE ELDERLY AND HANDICAPPED UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1959.Expenses $2,467,541 · revenue $2,009,240
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 June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3054220
- 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
- 1981
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21Z)
- Assets (IRS master file)
- $1,401,022
- Income (IRS master file)
- $2,009,717
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $2,009,717 | $2,590,381 | $1,401,022 | XML |
| 990 | June 2024 | $1,900,922 | $2,288,136 | $1,335,768 | IRS |
| 990 | June 2023 | $2,017,884 | $2,347,395 | $1,607,743 | XML |
| 990 | June 2022 | $2,056,316 | $2,394,363 | $1,540,743 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2019 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
| 990-N for 2015 Officer: SALVATORE GIGANTE | June 30, 2016 | ≤ $50,000 receipts | – | – | e-Postcard |
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 13-3054220).
Questions about 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION is 13-3054220.
- Is 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does 178TH STREET 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 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended June 30, 2025 names SALVATORE GIGANTE.
- Who are the officers and directors of 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
- How much revenue does 178TH STREET HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $2,009,717, expenses of $2,590,381 and total assets of $1,401,022 at year end.
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