Nonprofit · EIN 13-3741272
COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · NEW YORK, NY 10004
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,506,959 | $2,229,996 | $276,963 | $4,378,092 | $13,147,937 | -$8,769,845 |
| December 31, 2023 | 990 | $2,328,969 | $2,213,175 | $115,794 | $3,657,124 | $12,703,932 | -$9,046,808 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,380,410
- Investment income
- $114,283
- Other revenue
- $12,266
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $9,430
- Accounting fees
- $47,451
- Occupancy
- $564,350
- Travel
- $382
- Depreciation
- $97,571
- Program services (functional)
- $1,874,136
- Management and general (functional)
- $355,860
Balance sheet and other
- Total assets, start of year
- $3,657,124
- Total assets, end of year
- $4,378,092
- Total liabilities, end of year
- $13,147,937
- Net assets, end of year
- -$8,769,845
- Land, buildings and equipment
- $1,064,770
- Net assets without donor restrictions
- -$8,769,845
- Gross receipts
- $2,506,959
- Employees
- 0
- Volunteers
- 2
- Year formed
- 1993
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GREENFIELD | CEO Officer | 0.1 | $0 | $630,294 | $59,698 |
| PHILIP KIBEL | CFO Officer | 0.1 | $0 | $279,823 | $58,704 |
| ROBERT NEWMAN | COO Officer | 0.1 | $0 | $307,185 | $6,919 |
| ELENA SYTCHEVA | TREASURER Trustee or director, Officer | 0.1 | $0 | $156,383 | $20,095 |
| ABRAHAM BIDERMAN | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| STACEY SCHEINBERG | PRESIDENT Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVID GREENFIELD | CEO Officer | 0.1 | $0 | $627,955 | $60,217 |
| ROBERT NEWMAN | COO Officer | 0.1 | $0 | $284,353 | $5,476 |
| PHILIP KIBEL | CFO Officer | 0.1 | $0 | $168,339 | $39,047 |
| ELENA SYTCHEVA | CO-MANAGING DIRECTOR Officer | 0.1 | $0 | $157,049 | $17,423 |
| ABE FOXMAN | TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| KEN ECKSTEIN | SECRETARY Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| LINDA SPITZER | DIRECTOR Trustee or director | 0.1 | $0 | $0 | $0 |
| STACEY SCHEINBERG | PRESIDENT Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- ONE STATE STREET PLAZA 24TH FLOOR, NEW YORK, NY 10004-1561
- In care of
- % MET COUNCIL
- Principal officer (990 for 2024)
- DAVID G GREENFIELD, ONE STATE STREET PLAZA 24TH FLOOR, NEW YORK, NY 10004
- Signed the 990
- PHILIP KIBEL, CFO
- Phone
- (212) 453-9500
- Website
- WWW.METCOUNCIL.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.
Program accomplishments
- TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS AND LOW INCOME INDIVIDUALS.Expenses $1,874,136 · revenue $2,392,676
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 13-3741272
- 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
- Category (NTEE)
- Health care (E91Z)
- Assets (IRS master file)
- $4,378,092
- Income (IRS master file)
- $2,506,959
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,506,959 | $2,229,996 | $4,378,092 | XML |
| 990 | December 2023 | $2,328,969 | $2,213,175 | $3,657,124 | XML |
| 990 | December 2022 | $1,823,709 | $2,000,132 | $3,626,082 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 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 13-3741272).
Questions about COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION is 13-3741272.
- Is COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does COUNCIL TOWERS 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 COUNCIL TOWERS 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 COUNCIL TOWERS 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 COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names DAVID G GREENFIELD.
- Who are the officers and directors of COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
- How much revenue does COUNCIL TOWERS HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,506,959, expenses of $2,229,996 and total assets of $4,378,092 at year end.
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