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Nonprofit · EIN 13-4103927

NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · NEW YORK, NY 10018

Financials

$827K$1.2M2022$886K$1.2M2023$841K$1.3M2024
Revenue Expenses · by fiscal year end
Financials of NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$840,517$1,276,880-$436,363$4,374,519$6,504,031-$2,129,512
June 30, 2024990$885,710$1,161,102-$275,392$4,884,492$6,577,641-$1,693,149
June 30, 2023990$827,465$1,155,627-$328,162$4,834,328$6,252,085-$1,417,757
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$808,881
Investment income
$30,767
Other revenue
$869

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,828
Accounting fees
$17,860
Occupancy
$425,254
Depreciation
$306,885
Program services (functional)
$1,221,120
Management and general (functional)
$55,760

Balance sheet and other

Total assets, start of year
$4,884,492
Total assets, end of year
$4,374,519
Total liabilities, end of year
$6,504,031
Net assets, end of year
-$2,129,512
Land, buildings and equipment
$2,622,407
Net assets without donor restrictions
-$2,129,512
Gross receipts
$840,517
Employees
0
Volunteers
0
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
PERRY J PERLMUTTERPRESIDENT & CEO
Trustee or director, Officer
0.1$0$538,511$92,962
DOUGLAS J WALERSTEINTREASURER
Trustee or director, Officer
0.1$0$375,394$44,187
ARLO M CHASESECRETARY
Trustee or director, Officer
0.1$0$336,453$52,460
990 for the year ended June 30, 2024: 3 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
PERRY PERLMUTTERPRESIDENT & CEO
Trustee or director, Officer
0.1$0$454,276$63,020
ARLO M CHASESECRETARY
Trustee or director, Officer
0.1$0$315,097$52,296
DOUGLAS WALERSTEINTREASURER
Trustee or director, Officer
0.1$0$276,013$23,552
990 for the year ended June 30, 2023: 4 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DONNA COLONNAFORMER PRES & CEO (THRU 2/22)
Former
1$0$687,589$23,104
PERRY PERLMUTTERCEO EFF 4/23 & CFO THRU 4/23
Trustee or director, Officer
1$0$423,935$49,960
DR JORGE R PETITPRESIDENT & CEO (THRU 4/23)
Trustee or director, Officer
1$0$408,161$56,332
JUDITH JONESCHIEF OF STAFF (THRU 6/23)
Trustee or director, Officer
1$0$252,821$42,641

Address and contacts

Address (IRS master file)
463 7TH AVENUE 17TH FL, NEW YORK, NY 10018-0092
In care of
% OLGA KOVALCHUK
Principal officer (990 for 2024)
PERRY PERLMUTTER, 463 7TH AVENUE 17TH FL, NEW YORK, NY 10018
Signed the 990
DOUGLAS WALERSTEIN, TREASURER
Phone
(212) 633-6900
Return prepared by
BDO USA

Mission

ORGANIZED TO OWN, REHABILITATE, AND OPERATE A 55-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS LOCATED AT DEWITT AVENUE, BROOKLYN, NEW YORK.

990 for the year ended June 30, 2025

Program accomplishments

  • ORGANIZED TO OWN, REHABILITATE, AND OPERATE A 55-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS LOCATED AT DEWITT AVENUE, BROOKLYN, NEW YORK.
    Expenses $1,221,120 · revenue $808,881

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
13-4103927
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2019
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$4,374,519
Income (IRS master file)
$840,517

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$840,517$1,276,880$4,374,519IRS
990June 2024$885,710$1,161,102$4,884,492IRS
990June 2023$827,465$1,155,627$4,834,328XML
990June 2022$814,225$1,154,553$4,906,650IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––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 13-4103927).

Questions about NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION is 13-4103927.
Is NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2019.
Are donations to NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does NEW LIFE HOMES 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 NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2025 names PERRY PERLMUTTER.
Who are the officers and directors of NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2025 lists 3 people; 0 received compensation from the organization.
How much revenue does NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $840,517, expenses of $1,276,880 and total assets of $4,374,519 at year end.

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