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Nonprofit · EIN 13-3740487

2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt (reinstated) · NEW YORK, NY 10027

Financials

$284K$437K2023$311K$586K2024
Revenue Expenses · by fiscal year end
Financials of 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$310,706$586,454-$275,748$1,475,058$2,457,473-$982,415
December 31, 2023990$284,232$436,936-$152,704$1,530,373$2,237,040-$706,667
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$304,217
Investment income
$6,489
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$6,500
Depreciation
$82,216
Program services (functional)
$554,526
Management and general (functional)
$31,928

Balance sheet and other

Total assets, start of year
$1,530,373
Total assets, end of year
$1,475,058
Total liabilities, end of year
$2,457,473
Net assets, end of year
-$982,415
Land, buildings and equipment
$871,608
Net assets without donor restrictions
-$982,415
Gross receipts
$310,706
Employees
0
Year formed
1992
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 / weekCompensation
LEON ELLISSECRETARY
Trustee or director, Officer
–$0
MINISTER ELI HALLTREASURER
Trustee or director, Officer
–$0
REVEREND REGINALD WILLIAMSPRESIDENT
Trustee or director, Officer
–$0
HORACE HENRYSIGNATURE OF
Officer
–$0
990 for the year ended December 31, 2023: 4 people
NameTitleHours / weekCompensation
LEON ELLISSECRETARY
Trustee or director, Officer
–$0
MINISTER ELI HALLTREASURER
Trustee or director, Officer
–$0
REVEREND REGINALD WILLIAMSPRESIDENT
Trustee or director, Officer
–$0
HORACE HENRYSIGNATURE OF
Officer
–$0

Address and contacts

Address (IRS master file)
2044 7TH AVE, NEW YORK, NY 10027-5402
Principal officer (990 for 2024)
REVEREND REGINALD WILLIAMS, 45 EAST 135TH STREET APT 9F, NEW YORK, NY 10037
Signed the 990
HORACE HENRY, SIGNATURE OFFICER
Phone
(212) 360-6442
Return prepared by
VARGAS & RIVERA CPA'S LLP

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, CONSTRUCTING, REHABILITATION, LEASING, MANAGING, EQUIPPING, MAINTAINING, DEVELOPING AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, CONSTRUCTING, REHABILITATION, LEASING, MANAGING, EQUIPPING, MAINTAINING, DEVELOPING AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME AND NEEDY.
    Expenses $554,526

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
13-3740487
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,475,058
Income (IRS master file)
$310,706

Revocation and reinstatement

Exemption revoked
May 15, 2010
Posted by the IRS
June 9, 2011
Reinstated
Effective August 15, 2016

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
990December 2024$310,706$586,454$1,475,058IRS
990December 2023$284,232$436,936$1,530,373XML
990December 2022$242,311$389,134$1,569,917IRS
990December 2021–––IRS
990December 2020–––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 13-3740487).

Questions about 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION is 13-3740487.
Is 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on May 15, 2010 and reinstated it effective August 15, 2016.
Are donations to 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND 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 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND 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 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND 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 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 names REVEREND REGINALD WILLIAMS.
Who are the officers and directors of 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does 2044 SEVENTH AVENUE HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $310,706, expenses of $586,454 and total assets of $1,475,058 at year end.

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