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Nonprofit · EIN 13-4078893

KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY

Tax-exempt · NEW YORK, NY 10025

Financials

$933K$1.2M2023$1M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,004,623$1,242,830-$238,207$7,189,884$8,055,268-$865,384
December 31, 2023990$933,232$1,172,053-$238,821$7,279,103$7,906,280-$627,177
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$961,899
Investment income
$42,688
Other revenue
$36

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$27,017
Accounting fees
$16,267
Occupancy
$278,067
Depreciation
$269,987
Program services (functional)
$1,165,667
Management and general (functional)
$77,163

Balance sheet and other

Total assets, start of year
$7,279,103
Total assets, end of year
$7,189,884
Total liabilities, end of year
$8,055,268
Net assets, end of year
-$865,384
Land, buildings and equipment
$5,967,947
Net assets without donor restrictions
-$951,718
Net assets with donor restrictions
$86,334
Gross receipts
$1,004,623
Employees
0
Volunteers
5
Year formed
1997
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
JEFFREY FARBER MDPRESIDENT AND CEO
Trustee or director, Officer
0.2$0$1,048,790$67,610
MARK WEISSCFO
Trustee or director, Officer
0.2$0$536,009$32,592
ALAN ALTSCHULERTREASURER
Trustee or director, Officer
0.2$0$0$0
ARAN RON MDVICE-CHAIR
Trustee or director, Officer
0.2$0$0$0
LISA FEINERSECRETARY
Trustee or director, Officer
0.2$0$0$0
PETER HESSDIRECTOR
Trustee or director
0.2$0$0$0
WILLIAM BLUMSTEINCHAIR
Trustee or director, Officer
0.2$0$0$0
990 for the year ended December 31, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JEFFREY FARBER MDPRESIDENT AND CEO
Trustee or director, Officer
0.2$0$1,151,356$61,538
MARK WEISSCFO
Trustee or director, Officer
0.2$0$574,754$22,692
ALAN ALTSCHULERTREASURER
Trustee or director, Officer
0.2$0$0$0
ELIZABETH PAGEL SEREBRANSKYCO-CHAIR
Trustee or director, Officer
0.2$0$0$0
LISA FEINERDIRECTOR
Trustee or director
0.2$0$0$0
PETER HESSDIRECTOR
Trustee or director
0.2$0$0$0
TAMI J SCHNEIDERCO-CHAIR
Trustee or director, Officer
0.2$0$0$0
LYNN OBERLANDSECRETARY
Officer
0.2$0$0$0

Address and contacts

Address (IRS master file)
120 W 106TH ST, NEW YORK, NY 10025-3923
In care of
% ELI GREENBERG
Principal officer (990 for 2024)
JEFFREY FARBER MD, 120 WEST 106TH ST, NEW YORK, NY 10025
Signed the 990
MARK WEISS, CFO
Phone
(212) 870-5000
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.

990 for the year ended December 31, 2024

Program accomplishments

  • THE GLADSTONE BUILDING, AN AFFILIATE OF JEWISH HOME LIFECARE (D/B/A THE NEW JEWISH HOME), REFLECTS JEWISH HOME'S COMMITMENT TO PROVIDING AFFORDABLE HOUSING WITH SUPPORTIVE SERVICES IN THE COMMUNITY. THIS IS JEWISH HOME'S SECOND HOUSING AND URBAN DEVELOPMENT (HUD) SECTION 202 RENT-SUBSIDIZED HOUSING FOR LOW-INCOME SENIORS. THE 49 ONE-BEDROOM APARTMENT BUILDING FEATURES COMMUNITY SPACES, LAUNDRY, PARKING AND LANDSCAPED GROUNDS. ALL APARTMENTS HAVE FULL KITCHENS AND ARE ADAPTABLE FOR USE BY DISABLED PERSONS. THE GLADSTONE BUILDING, LOCATED AT 2620 UNIVERSITY AVENUE, BRONX, NY, OPENED IN 2005.
    Expenses $1,165,667 · revenue $961,935

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
13-4078893
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
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$7,189,884
Income (IRS master file)
$1,004,623

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,004,623$1,242,830$7,189,884IRS
990December 2023$933,232$1,172,053$7,279,103XML
990December 2022$975,797$1,109,086$7,496,355IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS
990December 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 13-4078893).

Questions about KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY

What is the EIN of KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY?
The employer identification number (EIN) of KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY is 13-4078893.
Is KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY 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 KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY 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 KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY 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 KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY?
The 990 for the year ended December 31, 2024 names JEFFREY FARBER MD.
Who are the officers and directors of KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY?
The 990 for the year ended December 31, 2024 lists 7 people; 0 received compensation from the organization.
How much revenue does KENNETH GLADSTONE BUILDING HOUSING DEVELOPMENT FUND COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,004,623, expenses of $1,242,830 and total assets of $7,189,884 at year end.

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