Skip to main content

Nonprofit · EIN 13-3518596

SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · BRONX, NY 10455

Financials

$405K$2502024
Revenue Expenses · by fiscal year end
Financials of SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$405,064$250$404,814$8,233,823$14,142$8,219,681
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$0
Other revenue
$405,064

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Management and general (functional)
$250

Balance sheet and other

Total assets, start of year
$7,828,759
Total assets, end of year
$8,233,823
Total liabilities, end of year
$14,142
Net assets, end of year
$8,219,681
Net assets without donor restrictions
$8,219,681
Gross receipts
$405,064
Employees
0
Volunteers
0
Year formed
1989
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 / weekCompensationFrom related orgs
SALVATORE GIGANTEVICE PRESIDENT
Trustee or director, Officer
0$0$250,490
SONAL SHAHCONTROLLER
Highest-paid employee
0$0$144,679
ANGELA DAVIS FARRISHEXECUTIVE DIRECTOR
Officer
0$0$34,615
ENRICO BOCCIACHAIR
Trustee or director, Officer
0$0$0
EVELYN VELAZQUEZTREASURER/SECRETARY
Trustee or director, Officer
0$0$0

Address and contacts

Address (IRS master file)
429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455-5007
Principal officer (990 for 2024)
SALVATORE GIGANTE, 429 BRUCKNER BLVD 2ND FLOOR, BRONX, NY 10455
Signed the 990
SALVATORE GIGANTE, VICE PRESIDENT
Phone
(718) 617-2800
Return prepared by
LIPSKY GOODKIN & CO PC

Mission

PROVIDE HOUSING VERY LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS UNDER SECTION 202 OF THE FEDERAL HOUSING ACT OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY, NEW YORK

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDED HOUSING FOR VERY LOW INCOME ELDERLY AND HANDICAPPED INDIVIDUALS UNDER SECTION 202 OF THE FEDERAL HOUSING AC OF 1936 IN THE SOUTH BRONX AREA OF NEW YORK CITY, NEW YORK. THE PROPERTY WAS SOLD FOR ITS FAIR MARKET VALUE AND WITH THE APPROVAL OF THE NEW YORK STATE DEPARTMENT OF LAW ON DECEMBER 30, 2014. PLEASE SEE SCHEDULE A, PART VI FOR FURTHER DETAILS.

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
13-3518596
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$8,233,823
Income (IRS master file)
$405,064

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024–––IRS
990December 2023$386,252$250$7,828,759IRS
990December 2022$369,191$250$7,443,007IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.

Questions about SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC is 13-3518596.
Is SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
Are donations to SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does SEBCO VIP 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 SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC 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 SEBCO VIP 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 December 2024.
Who is the principal officer of SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2024 names SALVATORE GIGANTE.
Who are the officers and directors of SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does SEBCO VIP HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $405,064, expenses of $250 and total assets of $8,233,823 at year end.

Other nonprofits in BRONX

All nonprofits in BRONX · New York · Housing and shelter