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Nonprofit · EIN 13-3218852

EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · NEW YORK, NY 10013

Financials

$1.6M$1.5M2022$1.6M$1.5M2023$2.8M$1.9M2024
Revenue Expenses · by fiscal year end
Financials of EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
March 31, 2025990$2,774,824$1,910,109$864,715$2,993,810$6,842,486-$3,848,676
March 31, 2024990$1,641,366$1,521,986$119,380$2,523,575$7,236,966-$4,713,391
March 31, 2023990$1,649,069$1,485,768$163,301$2,605,383$7,438,154-$4,832,771
Financial details: 990 for the year ended March 31, 2025

Revenue

Contributions, gifts and grants
$2,452,409
of which government grants
$2,452,409
Program service revenue
$322,099
Investment income
$316
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$11,132
Accounting fees
$8,040
Occupancy
$1,018,137
Depreciation
$115,677
Program services (functional)
$1,583,363
Management and general (functional)
$326,746

Balance sheet and other

Total assets, start of year
$2,523,575
Total assets, end of year
$2,993,810
Total liabilities, end of year
$6,842,486
Net assets, end of year
-$3,848,676
Land, buildings and equipment
$2,137,792
Net assets without donor restrictions
-$3,848,676
Gross receipts
$2,774,824
Employees
0
Year formed
1984
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 March 31, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
SHERMAN ENGACTING CHAIR
Trustee or director, Officer
10$0$223,773$49,666
PO-LING NGTREASURER
Trustee or director, Officer
1$0$0$0
WING MASECRETARY
Trustee or director, Officer
1$0$0$0
990 for the year ended March 31, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgs
SHERMAN ENGACTING CHAIR
Trustee or director, Officer
10$0$215,384
PO-LING NGTREASURER
Trustee or director, Officer
1$0$0
WING MASECRETARY
Trustee or director, Officer
1$0$0
990 for the year ended March 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgs
CHARLES LAIEXECUTIVE DIRECTOR THRU FEB 2023
Officer
10$0$152,789
SHERMAN ENGACTING CHAIR & PRESIDENT
Trustee or director, Officer
10$0$0
PO-LING NGTREASURER
Trustee or director, Officer
1$0$0
WING MASECRETARY
Trustee or director, Officer
1$0$0
DAVID CHENDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
96 BAXTER STREET, NEW YORK, NY 10013-4482
In care of
% ACCOUNTING DEPT
Principal officer (990 for 2024)
SHERMAN ENG
Signed the 990
SHERMAN ENG, ACTING CHAIR & PRES
Phone
(212) 625-8833
Return prepared by
VARGAS & RIVERA CPA'S LLP

Mission

EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY, INC. (THE "PROJECT") IS A NON-PROFIT ORGANIZATION INCORPORATED ON APRIL 16, 1984 UNDER ARTICLE XI OF THE PRIVATE HOUSING FINANCE LAW AND SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NEW YORK. THE PROJECT WAS ORGANIZED TO DEVELOP AND OPERATE A HOUSING PROJECT CONTAINING 87 UNITS FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME PURSUANT TO SECTION 202 OF THE NATIONAL HOUSING ACT OF 1959.

990 for the year ended March 31, 2025

Program accomplishments

  • HOUSING PROGRAM: OPERATION OF A BUILDING CONTAINING 87 UNITS FOR ELDERLY AND HANDICAPPED PERSONS OF LOW INCOME PURSUANT TO SECTION 202 OF THE HOUSING ACT OF 1959.
    Expenses $1,583,363

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 March, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025March 31, 2026August 17, 2026Not on file
2024March 31, 2025August 15, 2025990 on file
2023March 31, 2024August 15, 2024990 on file

IRS record

EIN
13-3218852
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
1984
Accounting year ends
March
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,993,810
Income (IRS master file)
$2,774,824

Filing history

FormYear endedRevenueExpensesAssetsReturn
990March 2025$2,774,824$1,910,109$2,993,810XML
990March 2024$1,641,366$1,521,986$2,523,575XML
990March 2023$1,649,069$1,485,768$2,605,383XML
990March 2022$1,636,881$1,455,888$2,446,432IRS
990March 2021–––IRS
990March 2020–––IRS
990March 2019–––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 13-3218852).

Questions about EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC is 13-3218852.
Is EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC 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 EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC due?
The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended March 2025.
Who is the principal officer of EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended March 31, 2025 names SHERMAN ENG.
Who are the officers and directors of EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended March 31, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does EVERLASTING PINE HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended March 31, 2025 it reported revenue of $2,774,824, expenses of $1,910,109 and total assets of $2,993,810 at year end.

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