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Nonprofit · EIN 13-4145926

COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY

Tax-exempt · NEW YORK, NY 10002

Financials

$3.2M$2.7M2023$4.7M$323K2024
Revenue Expenses · by fiscal year end
Financials of COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,705,901$323,259$4,382,642$11,069,045$42,434$11,026,611
December 31, 2023990$3,185,165$2,734,625$450,540$12,465,829$5,824,414$6,641,415
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,357,028
Program service revenue
$343,086
Investment income
$0
Other revenue
$5,787

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$800
Occupancy
$13,554
Depreciation
$64,810
Program services (functional)
$237,716
Management and general (functional)
$85,543

Balance sheet and other

Total assets, start of year
$12,465,829
Total assets, end of year
$11,069,045
Total liabilities, end of year
$42,434
Net assets, end of year
$11,026,611
Land, buildings and equipment
$2,016,757
Publicly traded securities
$3,970,193
Net assets without donor restrictions
$11,026,611
Gross receipts
$4,705,901
Employees
0
Volunteers
0
Year formed
2000
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
THOMAS YUPRESIDENT/ED
Trustee or director, Officer
1$0$284,107$61,872
HUI-YUAN NELSON CHANTREASURER/MANG. DIR. OF REAL ESTATE
Trustee or director, Officer
1$0$206,467$64,387
HSUEH LAM YANSECRETARY/DIR. ASSET &PRP.
Trustee or director, Officer
1$0$193,724$26,543
MY T CHANGVP/CHIEF OF STAFF
Trustee or director, Officer
1$0$199,435$9,430
JOY SUZANNE GRANADOCHIEF ACCOUNTING OFFICER (OUTGOING)
Officer
1$0$175,272$21,446
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
THOMAS YUPRESIDENT/ED
Trustee or director, Officer
5$0$279,045$66,264
JOY SUZANNE GRANADOCHIEF ACCOUNTING OFFICER
Officer
1$0$192,545$28,046
HUI-YUAN NELSON CHANTREASURER/MANG. DIR. OF COMM. SVCS
Trustee or director, Officer
1$0$168,900$48,163
HSUEH LAM YANSECRETARY/DIR. ASSET &PRP. MGT
Trustee or director, Officer
1$0$178,281$22,333
MY T CHANGVICE PRESIDENT/CHIEF OF STAFF
Officer
1$0$139,860$8,044

Address and contacts

Address (IRS master file)
141 NORFOLK ST, NEW YORK, NY 10002-2374
Principal officer (990 for 2024)
THOMAS YU, 141 NORFOLK ST, NEW YORK, NY 10002
Signed the 990
THOMAS YU, EXECUTIVE DIRECTOR
Phone
(212) 964-2288
Return prepared by
CBIZ ADVISORS LLC

Mission

COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY, INC. ("CHHDFC") WAS ESTABLISHED TO INCREASE AND IMPROVE NEW YORK CITY'S AFFORDABLE HOUSING STOCK WHILE PROMOTING AND ADVANCING HOME OWNERSHIP FOR MINORITY, IMMIGRANT, LOW- AND MODERATE- INCOME, AND UNDERSERVED POPULATIONS.

990 for the year ended December 31, 2024

Program accomplishments

  • SINGLE FAMILY HOUSING DEVELOPMENT: RENTAL PROPERTIES OPERATING, REHABILITATION AND SALE IN ACCORDANCE WITH ITS EXEMPT FUNCTION.
    Expenses $237,716 · revenue $348,873

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
13-4145926
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
2001
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$11,069,045
Income (IRS master file)
$4,705,901

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,705,901$323,259$11,069,045XML
990December 2023$3,185,165$2,734,625$12,465,829XML
990December 2022$1,113,756$696,845$13,038,441IRS
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 13-4145926).

Questions about COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY

What is the EIN of COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY?
The employer identification number (EIN) of COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY is 13-4145926.
Is COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
Are donations to COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does COMMUNITY HOMES 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 COMMUNITY HOMES 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 COMMUNITY HOMES 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 COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY?
The 990 for the year ended December 31, 2024 names THOMAS YU.
Who are the officers and directors of COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,705,901, expenses of $323,259 and total assets of $11,069,045 at year end.

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