Nonprofit · EIN 13-3860487
HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION
Tax-exempt · BRONX, NY 10452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,296,867 | $2,383,104 | $913,763 | $16,336,476 | $1,249,032 | $15,087,444 |
| December 31, 2023 | 990 | $3,126,955 | $2,483,074 | $643,881 | $15,166,612 | $992,931 | $14,173,681 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $162,408
- Program service revenue
- $3,081,855
- Investment income
- $912
- Other revenue
- $51,692
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $518,112
- Other salaries and wages
- $3,076,169
- Salaries, compensation and benefits (total)
- $4,889,414
- Professional fundraising fees
- $0
- Legal fees
- $107,251
- Accounting fees
- $69,873
- Travel
- $8,016
- Depreciation
- $33,168
- Program services (functional)
- $854,895
- Management and general (functional)
- $1,528,209
Balance sheet and other
- Total assets, start of year
- $15,166,612
- Total assets, end of year
- $16,336,476
- Total liabilities, end of year
- $1,249,032
- Net assets, end of year
- $15,087,444
- Land, buildings and equipment
- $30,319
- Net assets without donor restrictions
- $15,075,256
- Net assets with donor restrictions
- $12,188
- Gross receipts
- $3,296,867
- Employees
- 67
- Volunteers
- 0
- Year formed
- 1995
- 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 | Other / benefits |
|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 33 | $311,847 | $9,381 |
| DONNA SMITH | CFO Officer | 34 | $184,239 | $12,646 |
| MARTIN RIVERA | MAINTENANCE DIRECTOR Highest-paid employee | 35 | $133,003 | $11,395 |
| JHONATHAN ECHAVARRIA | IT DIRECTOR Highest-paid employee | 35 | $128,238 | $4,330 |
| RAMONA GARCIA | TENANT SERVICES DIRECTOR Highest-paid employee | 35 | $117,362 | $8,536 |
| VANESSA FERNANDEZ | LEASING DIRECTOR Highest-paid employee | 35 | $117,898 | $3,552 |
| MSGR DONALD SAKANO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| REV MARK CREGAN | VICE PRESIDENT/TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| KENNETH P BROWNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| REVFRJOSE R CRUZ | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| JOSEPH FRANCO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| BEATRIZ DIAZ TAVERAS | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| ROSANNA VIERA | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 33 | $306,737 | $26,460 |
| JHONATHAN ECHAVARRIA | IT DIRECTOR Highest-paid employee | 35 | $125,737 | $19,980 |
| MARTIN RIVERA | MAINTENANCE DIR. Highest-paid employee | 35 | $130,672 | $8,147 |
| VANESSA FERNANDEZ | LEASING DIRECTOR Highest-paid employee | 35 | $114,981 | $5,700 |
| RAMONA GARCIA | TENANT SERVICE DIRECTOR Highest-paid employee | 35 | $114,577 | $5,625 |
| BRAM HILLEGERS | VP DEVELOPMENT Highest-paid employee | 35 | $108,668 | $2,430 |
| DONNA SMITH | CFO Officer | 34 | $49,735 | $3,711 |
| MSGR DONALD SAKANO | PRESIDENT Trustee or director, Officer | 2 | $0 | $0 |
| REV MARK CREGAN | TREASURER Trustee or director, Officer | 0.25 | $0 | $0 |
| JOSEPH FRANCO | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KENNETH P BROWNE | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
| KEN SINGLETON | DIRECTOR Trustee or director | 0.25 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1465 NELSON AVENUE, BRONX, NY 10452-1758
- In care of
- % JORGE L BATISTA
- Principal officer (990 for 2024)
- KOBINA ARHIN, 1465 NELSON AVENUE STE A, BRONX, NY 10452
- Signed the 990
- KOBINA ARHIN, CEO
- Phone
- (718) 293-3100
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
THE ORGANIZATION ASSISTS IN THE DEVELOPMENT AND MANAGEMENT OF AFFORDABLE HOUSING IN THE BRONX. THE ORGANIZATION ALSO PROVIDES TENANT SERVICES FOR THE RESIDENTS OF THE HIGHBRIDGE SECTION WITH THE OVERALL GOAL OF IMPROVING THE NEIGHBORHOOD.
Program accomplishments
- HCDC HAS SUCCESSFULLY DEVELOPED, MANAGES, AND OPERATES OVER 2,500 MODERATE AND LOW-INCOME UNITS THROUGHOUT NUMEROUS NEIGHBORHOODS IN THE BRONX. WE SPECIALIZE IN MULTIPLE SERVICES SUCH AS REAL ESTATE MANAGEMENT AND DEVELOPMENT, PROPERTY MANAGEMENT, AND COMMUNITYDEVELOPMENT. HCDC IS COMMITTED TO WORKING WITH RESIDENTS, BUSINESSES, AND RELIGIOUS ORGANIZATIONS THROUGHOUT THE BOROUGH TO MAKE THE BRONX A GREAT PLACE TO LIVE AND WORK BY PROVIDING HOUSING THAT IS AFFORDABLE, WELL-DESIGNED, SECURE, AND PROFESSIONALLY MANAGED.Expenses $854,895 · revenue $3,081,855
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
- 13-3860487
- 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
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Community improvement and capacity building (S20)
- Assets (IRS master file)
- $16,336,476
- Income (IRS master file)
- $3,296,867
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,296,867 | $2,383,104 | $16,336,476 | XML |
| 990 | December 2023 | $3,126,955 | $2,483,074 | $15,166,612 | XML |
| 990 | December 2022 | $3,118,334 | $2,280,778 | $14,007,927 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 13-3860487).
Questions about HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION
- What is the EIN of HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION is 13-3860487.
- Is HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does HIGHBRIDGE COMMUNITY DEVELOPMENT 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 HIGHBRIDGE COMMUNITY DEVELOPMENT 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 HIGHBRIDGE COMMUNITY DEVELOPMENT 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 HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names KOBINA ARHIN.
- Who are the officers and directors of HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 13 people; 6 received compensation from the organization, the highest $311,847 (KOBINA ARHIN, SVP/CEO).
- How much revenue does HIGHBRIDGE COMMUNITY DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,296,867, expenses of $2,383,104 and total assets of $16,336,476 at year end.
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