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Nonprofit · EIN 13-3735311

NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP

Tax-exempt · NEW ROCHELLE, NY 10801

Financials

$275K$1.1M2023$275K$1M2024
Revenue Expenses · by fiscal year end
Financials of NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$275,251$1,013,173-$737,922$776,694$453,992$322,702
December 31, 2023990$275,250$1,113,197-$837,947$1,501,443$440,819$1,060,624
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$275,251
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$7,700
Program services (functional)
$1,013,173

Balance sheet and other

Total assets, start of year
$1,501,443
Total assets, end of year
$776,694
Total liabilities, end of year
$453,992
Net assets, end of year
$322,702
Land, buildings and equipment
$418,692
Net assets with donor restrictions
$322,702
Gross receipts
$275,251
Employees
0
Volunteers
0
Year formed
1998
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 orgsOther / benefits
CHARLES J DEPASQUALEEXECUTIVE VICE PRESIDENT
Trustee or director, Officer
35$0$213,014$39,301
JAMES C FREEMANPRESIDENT
Trustee or director
1$0$0$0
WALDO BESTTREASURER
Trustee or director
1$0$0$0
MARY SMITHSECRETARY
Trustee or director
1$0$0$0
DANIEL SOLIMINEDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLES J DEPASQUALEEXECUTIVE VICE PRESIDENT
Trustee or director, Officer
35$0$206,848$36,995
JAMES C FREEMANPRESIDENT
Trustee or director
1$0$0$0
WALDO BESTTREASURER
Trustee or director
1$0$0$0
MARY SMITHSECRETARY
Trustee or director
1$0$0$0
DANIEL SOLIMINEDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
184 UNION AVE, NEW ROCHELLE, NY 10801-6010
Principal officer (990 for 2024)
CHARLES DEPASQUALE, 184 UNION AVENUE, NEW ROCHELLE, NY 10801
Signed the 990
CHARLES DEPASQUALE, DIRECTOR
Phone
(914) 633-7092
Return prepared by
NOVOGRADAC & COMPANY LLP

Mission

TO OWN, ACQUIRE, CONSTRUCT, LEASE, RECEIVE GRANTS, PROVIDE FINANCING AND MANAGE AFFORDABLE RESIDENTIAL HOUSING FOR RESIDENTS IN AREAS DESIGNATED BY THE CITY COUNCIL OF THE CITY OF NEW ROCHELLE, NEW YORK.

990 for the year ended December 31, 2024

Program accomplishments

  • TO OWN, ACQUIRE, BUILD, AND SELL AFFORDABLE SINGLE FAMILY HOMES TO LOW-INCOME FIRST TIME HOMEBUYERS IN THE CITY OF NEW ROCHELLE, NEW YORK.
    Expenses $1,013,173 · revenue $275,251
  • TO RECEIVE GRANTS AND PROVIDE BELOW MARKET FINANCING TO MULTIFAMILY RESIDENTAL RENTAL PROJECTS QUALIFYING AS LOW INCOME HOUSING UNDER IRC 42.

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
13-3735311
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
1993
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$776,694
Income (IRS master file)
$275,251

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$275,251$1,013,173$776,694XML
990December 2023$275,250$1,113,197$1,501,443XML
990December 2022$275,251$2,012,989$2,326,193IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––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 13-3735311).

Questions about NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP

What is the EIN of NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP?
The employer identification number (EIN) of NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP is 13-3735311.
Is NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
Are donations to NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP 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 NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP 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 NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP 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 NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 names CHARLES DEPASQUALE.
Who are the officers and directors of NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does NEW ROCHELLE COMMUNITY HOUSING DEVELOPMENT CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $275,251, expenses of $1,013,173 and total assets of $776,694 at year end.

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