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Nonprofit · EIN 13-3751223

COUNCIL TOWERS II HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · SUFFERN, NY 10901

Financials

$2.4M$2.3M2023$2.7M$2.5M2024
Revenue Expenses · by fiscal year end
Financials of COUNCIL TOWERS II HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,662,053$2,524,030$138,023$4,904,003$13,871,390-$8,967,387
December 31, 2023990$2,406,931$2,311,479$95,452$5,001,456$14,106,866-$9,105,410
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$2,563,327
Investment income
$94,139
Other revenue
$4,587

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$9,430
Accounting fees
$46,971
Occupancy
$866,014
Travel
$382
Depreciation
$527,205
Program services (functional)
$2,208,332
Management and general (functional)
$315,698

Balance sheet and other

Total assets, start of year
$5,001,456
Total assets, end of year
$4,904,003
Total liabilities, end of year
$13,871,390
Net assets, end of year
-$8,967,387
Land, buildings and equipment
$2,038,700
Net assets without donor restrictions
-$8,967,387
Gross receipts
$2,662,053
Employees
0
Volunteers
2
Year formed
1996
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
DAVID GREENFIELDCEO
Officer
0.1$0$630,294$59,698
PHILIP KIBELCFO
Officer
0.1$0$279,823$58,704
ROBERT NEWMANCOO
Officer
0.1$0$307,185$6,919
ELENA SYTCHEVATREASURER
Trustee or director, Officer
0.1$0$156,383$20,095
ABRAHAM BIDERMANDIRECTOR
Trustee or director
0.1$0$0$0
STACEY SCHEINBERGPRESIDENT
Trustee or director, Officer
0.1$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID GREENFIELDCEO
Officer
0.1$0$627,955$60,217
ROBERT NEWMANCOO
Officer
0.1$0$284,353$5,476
PHILIP KIBELCFO
Officer
0.1$0$168,339$39,047
ELENA SYTCHEVACO-MANAGING DIRECTOR
Officer
0.1$0$157,049$17,423
ABE FOXMANTREASURER
Trustee or director, Officer
0.1$0$0$0
KEN ECKSTEINSECRETARY
Trustee or director, Officer
0.1$0$0$0
LINDA SPITZERDIRECTOR
Trustee or director
0.1$0$0$0
STACEY SCHEINBERGPRESIDENT
Trustee or director, Officer
0.1$0$0$0

Address and contacts

Address (IRS master file)
4 EXECUTIVE BLVD STE 100, SUFFERN, NY 10901-4176
In care of
% MET COUNCIL
Principal officer (990 for 2024)
DAVID G GREENFIELD, ONE STATE STREET PLAZA 24TH FL, NEW YORK, NY 10004
Signed the 990
PHILIP KIBEL, CFO
Phone
(212) 453-9500
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE HOUSING ASSISTANCE TO SENIOR CITIZENS.
    Expenses $2,208,332 · revenue $2,567,914

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
13-3751223
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
1994
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E91)
Assets (IRS master file)
$4,904,003
Income (IRS master file)
$2,662,053

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,662,053$2,524,030$4,904,003IRS
990December 2023$2,406,931$2,311,479$5,001,456XML
990December 2022$2,088,471$2,263,257$4,523,515IRS
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 13-3751223).

Questions about COUNCIL TOWERS II HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of COUNCIL TOWERS II HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of COUNCIL TOWERS II HOUSING DEVELOPMENT FUND CORPORATION is 13-3751223.
Is COUNCIL TOWERS II 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 II 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 II 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 II 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 II 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 II 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 II 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 II HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,662,053, expenses of $2,524,030 and total assets of $4,904,003 at year end.

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