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Nonprofit · EIN 13-3475185

THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION

Tax-exempt (reinstated) · BRONX, NY 10474

Financials

$73K$17K2023$88K$19K2024
Revenue Expenses · by fiscal year end
Financials of THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-EZ$87,548$19,347$68,201$174,645$291,772-$117,127
December 31, 2023990-EZ$72,679$17,172$55,507$116,444$301,772-$185,328
Financial details: 990-EZ for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$77,548
Other revenue
$10,000

Expenses

Compensation of officers, directors and key employees
$0
Professional fees and payments to contractors
$1,740
Occupancy
$198
Other expenses
$17,409

Balance sheet and other

Total assets, start of year
$116,444
Total assets, end of year
$174,645
Total liabilities, end of year
$291,772
Net assets, end of year
-$117,127
Cash, savings and investments
$171,997
Land and buildings
$1,481
Gross receipts
$87,548

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-EZ for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
BERENICE DIAZTREASURER/VP OF FINANCE1$0
FERNANDO MARTINEZSECRETARY1$0
JAMES LANFRANCHIBOARD MEMBER1$0
NICHOLAS MADIOBOARD MEMBER1$0
PALOMA HERNANDEZCHAIR1$0
990-EZ for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
BERENICE DIAZTREASURER/VP OF FINANCE &1$0
FERNANDO MARTINEZSECRETARY1$0
JAMES LANFRANCHIBOARD MEMBER1$0
NICHOLAS MADIOBOARD MEMBER1$0
PALOMA HERNANDEZCHAIR1$0

Address and contacts

Address (IRS master file)
1231 LAFAYETTE AVE SUB BASEMENT, BRONX, NY 10474-5331
Mailing address (990-N for 2019)
1231 lafayette ave sub basement, bronx NY 10474
Principal officer (990-N for 2019)
paloma hernandez, 1231 lafayette ave sub basement, bronx NY 10474
Signed the 990-EZ
PALOMA HERNANDEZ, CHAIR
Phone
(718) 589-1687
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

GHPEDC OPERATES TO ENHANCE THE IMAGE AND WORKING ENVIRONMENT FOR OVER 650 BUSINESSES LOCATED IN THE HUNTS POINT INDUSTRIAL PARK AND DISTRIBUTION CENTER. GHPEDC ALSO PROVIDE BUSINESSES WITH VARIOUS PROGRAMS THAT INCLUDE A CHAMBER OF COMMERCE, BUSINESS OUTREACH SERVICES, FINANCIAL SERVICES, EMPLOYMENT, TRAINING AND RECRUITMENT, AND COMMERCIAL REVITALIZATION.

990-EZ for the year ended December 31, 2024

Program accomplishments

  • PROVIDES TECHNICAL ASSISTANCE TO ASPIRING BUSINESSES IN THE SECTION OF HUNTS POINT, BRONX, NEW YORK.

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-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
13-3475185
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
2015
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$174,645
Income (IRS master file)
$87,548

Revocation and reinstatement

Exemption revoked
January 15, 2015
Posted by the IRS
April 13, 2015
Reinstated
Effective January 15, 2015

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2024$87,548$19,347$174,645XML
990-EZDecember 2023$72,679$17,172$116,444XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––IRS
990-N for 2019
Officer: paloma hernandez
December 31, 2019≤ $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 13-3475185).

Questions about THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION

What is the EIN of THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION?
The employer identification number (EIN) of THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION is 13-3475185.
Is THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on January 15, 2015 and reinstated it effective January 15, 2015.
Are donations to THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE GREATER HUNTS POINT ECONOMIC 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 THE GREATER HUNTS POINT ECONOMIC 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 THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2024.
Who is the principal officer of THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION?
The 990-N for 2019 names paloma hernandez.
Who are the officers and directors of THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION?
The 990-EZ for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does THE GREATER HUNTS POINT ECONOMIC DEVELOPMENT CORPORATION have?
On its 990-EZ for the year ended December 31, 2024 it reported revenue of $87,548, expenses of $19,347 and total assets of $174,645 at year end.

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