Skip to main content

Nonprofit · EIN 13-3202014

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION

Tax-exempt · NEW YORK, NY 10001

Financials

$6M$6.1M2023$5.1M$5.8M2024
Revenue Expenses · by fiscal year end
Financials of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,144,863$5,849,853-$704,990$9,496,209$3,352,361$6,143,848
December 31, 2023990$6,029,288$6,098,929-$69,641$10,524,106$3,678,800$6,845,306
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$806,553
of which government grants
$179,983
Program service revenue
$4,241,513
Investment income
$225,204
Net income from fundraising events
-$137,007
Other revenue
-$128,407

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$1,630,295
Other salaries and wages
$1,800,584
Salaries, compensation and benefits (total)
$4,221,494
Professional fundraising fees
$0
Legal fees
$9,613
Accounting fees
$231,950
Occupancy
$486,054
Travel
$30,103
Depreciation
$86,940
Program services (functional)
$4,199,462
Management and general (functional)
$1,202,006
Fundraising (functional)
$448,385

Balance sheet and other

Total assets, start of year
$10,524,106
Total assets, end of year
$9,496,209
Total liabilities, end of year
$3,352,361
Net assets, end of year
$6,143,848
Land, buildings and equipment
$140,935
Publicly traded securities
$1,824,167
Net assets without donor restrictions
$6,131,167
Net assets with donor restrictions
$12,681
Gross receipts
$5,325,355
Employees
38
Volunteers
25
Year formed
1983
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 / weekCompensationOther / benefits
JAMIE SMARRPRESIDENT & CEO
Officer
37$402,959$41,265
THERESA OMANSKYSECRETARY/GEN. COUNSEL
Officer
37$271,157$34,673
ADAM GOLDTREASURER & CFO
Officer
37$227,985$35,584
JOHN ABRAMOVP REAL ESTATE+DEV
Officer
37$194,570$33,534
DEBBRA MCALLISTERVICE PRESIDENT
Officer
40$150,219$10,360
NADJA ALVARADOVICE PRESIDENT, REAL ESTATE
Officer
37$116,981$41,428
SHELIA MARTINVICE PRESIDENT & COO THRU 1/31/2024
Officer
37$64,077$5,502
RONALD MOELISBOARD CHAIR
Trustee or director, Officer
1$0$0
ANDREW BLUMETTIDIRECTOR
Trustee or director
1$0$0
ADOLFO CARRIONDIRECTOR, EX OFFICIO
Trustee or director
1$0$0
STEPHANIE CANZANIDIRECTOR
Trustee or director
1$0$0
ERIC ENDERLINDIRECTOR, EX OFFICIO
Trustee or director
1$0$0
BRENDAN J FARELYDIRECTOR
Trustee or director
1$0$0
CHARLES GATEWOODDIRECTOR
Trustee or director
1$0$0
CHERYL GLADSTONEDIRECTOR
Trustee or director
1$0$0
12 more people on this return
NameTitleHours / weekCompensation
JULIE GONZALEZDIRECTOR
Trustee or director
1$0
STEVEN HOCHBERG ESQDIRECTOR
Trustee or director
1$0
JOSEPH LYNCH ESQDIRECTOR
Trustee or director
1$0
DUANE MUTTIDIRECTOR
Trustee or director
1$0
KUAME NDZIBAHDIRECTOR
Trustee or director
1$0
THOMAS OSTERMANDIRECTOR
Trustee or director
1$0
ANTHONY RICHARDSONDIRECTOR
Trustee or director
1$0
RICHARD ROBERTSDIRECTOR
Trustee or director
1$0
VICTORIA ROWE-BARRECADIRECTOR
Trustee or director
1$0
RAYMOND SAVINODIRECTOR
Trustee or director
1$0
AHMED TIGANIDIRECTOR
Trustee or director
1$0
VALERIE WHITEDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 28 people
NameTitleHours / weekCompensationOther / benefits
JAMIE SMARRPRESIDENT & CEO
Officer
37$341,154$40,688
SHELIA MARTINVICE PRESIDENT & COO
Officer
37$240,432$37,095
THERESA OMANSKYSECRETARY/GEN. COUNSEL
Officer
37$211,022$30,706
JOHN ABRAMOVP OF REAL ESTATE & DEVELOPMENT
Highest-paid employee
37$164,786$44,387
ADAM GOLDTREASURER & CFO
Officer
37$173,746$30,749
ESTHER TOPOROVSKYEXECUTIVE VP THRU 09/30/23
Officer
37$151,484$10,128
NADJA ALVARADOVICE PRESIDENT
Officer
37$86,506$36,304
DEBBRA MCALLISTERVICE PRESIDENT
Trustee or director, Officer
1$0$0
JAMES HEDDENBOARD CHAIR
Trustee or director, Officer
1$0$0
JAMES BASONDIRECTOR
Trustee or director
1$0$0
MATTHEW BISSONETTEDIRECTOR THRU 3/2/23
Trustee or director
1$0$0
ANDREW BLUMETTIDIRECTOR
Trustee or director
1$0$0
ADOLFO CARRIONDIRECTOR, EX OFFICIO
Trustee or director
1$0$0
ERIC ENDERLINDIRECTOR, EX OFFICIO
Trustee or director
1$0$0
CHARLES GATEWOODDIRECTOR
Trustee or director
1$0$0
CHERYL GLADSTONEDIRECTOR
Trustee or director
1$0$0
TODD GOMEZDIRECTOR
Trustee or director
1$0$0
STEVEN HOCHBERG ESQDIRECTOR
Trustee or director
1$0$0
DAVID JOHN WALSHDIRECTOR
Trustee or director
1$0$0
LEWIS JONESDIRECTOR
Trustee or director
1$0$0
JOSEPH LYNCH ESQDIRECTOR
Trustee or director
1$0$0
JAMES G MATERADIRECTOR
Trustee or director
1$0$0
DUANE MUTTIDIRECTOR
Trustee or director
1$0$0
THOMAS OSTERMANDIRECTOR
Trustee or director
1$0$0
ANTHONY RICHARDSONDIRECTOR
Trustee or director
1$0$0
RICHARD ROBERTSDIRECTOR
Trustee or director
1$0$0
VICTORIA ROWE-BARRECADIRECTOR
Trustee or director
1$0$0
RAYMOND SAVINODIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
253 WEST 35TH STREET 3RD FLOOR, NEW YORK, NY 10001-1913
Principal officer (990 for 2024)
ADAM GOLD, 253 WEST 35TH STREET 3RD FLOOR, NEW YORK, NY 100011913
Signed the 990
ADAM GOLD, TREASURER & CFO
Phone
(646) 217-3370
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

HOUSING PARTNERSHIP DEVELOPMENT CORPORATION FUNCTIONS TO PROVIDE AVAILABLE LOW AND MODERATE COST HOUSING IN THE NEW YORK METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION, REHABILITATION, AS WELL AS THE REVITALIZATION AND GENTRIFICATION OF NEIGHBORHOODS.

990 for the year ended December 31, 2024

Program accomplishments

  • DURING THE YEAR 2024, HOUSING PARTNERSHIP DEVELOPMENT CORPORATION (HPDC) HAS SUCCESSFULLY CONTINUED ITS WORK TO INCREASE THE SUPPLY OF LOW AND MODERATE PROCEED HOUSING IN THE NYC METRO AREA THROUGH NEW HOUSING PRODUCTION, PRESERVATION AND REHABILITATION OF DISTRESSED PROPERTIES AS WELL AS RENTAL HOUSING.
    Expenses $3,464,491 · revenue $3,759,131
  • PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT.
    Expenses $408,015 · revenue $222,314
  • PROSPECTIVE HOME BUYERS WERE PROVIDED WITH COUNSELING COURSES TO EDUCATE THEM IN THE ADVANTAGES OF HOME OWNERSHIP, FINANCIAL PLANNING AND UNDERSTANDING DEBT.WE ARE FOCUSING ON THE INTERSECTION OF AFFORDABLE HOUSING AND ENERGY INVESTMENT. WE ANALYZE SOLAR AND ENERGY INVESTMENT OPPORTUNITIES ACROSS PORTFOLIOS OF AFFORDABLE HOUSING ASSETS AND PARTNER WITH HOUSING OWNERS TO EXECUTE ON THOSE PROJECTS.
    Expenses $326,956 · revenue $260,068

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
13-3202014
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
1984
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$9,496,209
Income (IRS master file)
$5,325,355

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,144,863$5,849,853$9,496,209IRS
990December 2023$6,029,288$6,098,929$10,524,106XML
990December 2022$6,252,837$6,094,490$10,283,114IRS
990December 2021–––IRS
990December 2020–––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 13-3202014).

Questions about HOUSING PARTNERSHIP DEVELOPMENT CORPORATION

What is the EIN of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION?
The employer identification number (EIN) of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION is 13-3202014.
Is HOUSING PARTNERSHIP DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to HOUSING PARTNERSHIP DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOUSING PARTNERSHIP DEVELOPMENT 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 HOUSING PARTNERSHIP DEVELOPMENT 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 HOUSING PARTNERSHIP DEVELOPMENT 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 HOUSING PARTNERSHIP DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 names ADAM GOLD.
Who are the officers and directors of HOUSING PARTNERSHIP DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 27 people; 7 received compensation from the organization, the highest $402,959 (JAMIE SMARR, PRESIDENT & CEO).
How much revenue does HOUSING PARTNERSHIP DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,144,863, expenses of $5,849,853 and total assets of $9,496,209 at year end.

Other nonprofits in NEW YORK

All nonprofits in NEW YORK · New York · Housing and shelter