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Nonprofit · EIN 16-1462012

EMPIRE HOUSING AND DEVELOPMENT CORPORATION

Tax-exempt · SYRACUSE, NY 13202

Financials

$319K$420K2023$601K$414K2024
Revenue Expenses · by fiscal year end
Financials of EMPIRE HOUSING AND DEVELOPMENT CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$601,366$414,178$187,188$545,440$468,883$76,557
December 31, 2023990$319,017$420,208-$101,191$382,515$493,146-$110,631
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$102,698
of which government grants
$102,698
Program service revenue
$229,876
Investment income
$259,408
Net rental income
$1,981
Net gain from sales of assets
$259,408
Other revenue
$9,384

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$209,000
Other salaries and wages
$24,801
Salaries, compensation and benefits (total)
$272,979
Professional fundraising fees
$0
Accounting fees
$16,680
Occupancy
$5,021
Depreciation
$5,117
Program services (functional)
$232,719
Management and general (functional)
$181,459

Balance sheet and other

Total assets, start of year
$382,515
Total assets, end of year
$545,440
Total liabilities, end of year
$468,883
Net assets, end of year
$76,557
Net assets without donor restrictions
$76,557
Gross receipts
$649,734
Employees
3
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.

NameTitleHours / weekCompensationOther / benefits
WILLIAM DEMARLECO-EXECUTIVE DIRECTOR
Trustee or director, Officer
40$104,500$7,315
ROBERT SEKOWSKICO-EXECUTIVE DIRECTOR
Trustee or director, Officer
40$104,500$7,315
VINCENT SPINAPRESIDENT
Trustee or director, Officer
1$0$0
JAMES SPENCERVICE PRESIDENT
Trustee or director, Officer
1$0$0
JULIE NELSONSECRETARY
Trustee or director, Officer
1$0$0
JOSEPH RUSSODIRECTOR
Trustee or director
1$0$0
SHELDON ASHKINDIRECTOR
Trustee or director
1$0$0
JENNINE LOMBARDIDIRECTOR
Trustee or director
1$0$0
TESS SCHAUFLERDIRECTOR
Trustee or director
1$0$0
RICHARD DRISCOLLDIRECTOR
Trustee or director
1$0$0
DEVORN KINSEYDIRECTOR
Trustee or director
1$0$0
990 for the year ended December 31, 2023: 11 people
NameTitleHours / weekCompensationOther / benefits
WILLIAM DEMARLECO-EXECUTIVE DIRECTOR
Trustee or director, Officer
40$104,500$21,945
ROBERT SEKOWSKICO-EXECUTIVE DIRECTOR
Trustee or director, Officer
40$104,500$21,945
VINCENT SPINAPRESIDENT
Trustee or director, Officer
1$0$0
JAMES SPENCERVICE PRESIDENT
Trustee or director, Officer
1$0$0
JULIE NELSONSECRETARY
Trustee or director, Officer
1$0$0
JOSEPH RUSSODIRECTOR
Trustee or director
1$0$0
SHELDON ASHKINDIRECTOR
Trustee or director
1$0$0
JENNINE LOMBARDIDIRECTOR
Trustee or director
1$0$0
TESS SCHAUFLERDIRECTOR
Trustee or director
1$0$0
RICHARD DRISCOLLDIRECTOR
Trustee or director
1$0$0
DEVORN KINSEYDIRECTOR
Trustee or director
1$0$0

Address and contacts

Address (IRS master file)
324 W WATER ST STE 120, SYRACUSE, NY 13202-1000
In care of
% ROBERT M SEKOWSKI
Signed the 990
ROBERT SEKOWSKI, CO-EXECUTIVE DIRECTOR
Phone
(315) 425-7775
Return prepared by
DERMODY BURKE & BROWN CPAS LLC

Mission

THE ORGANIZATION UNDERTAKES AND ASSISTS IN COMMUNITY REVITALIZATION EFFORTS THAT INCLUDE THE DEVELOPMENT OF AFFORDABLE HOMEOWNERSHIP AND RENTAL HOUSING FOR LOW AND MODERATE INCOME HOUSEHOLDS IN COMMUNITIES THROUGHOUT NEW YORK STATE.

990 for the year ended December 31, 2024

Program accomplishments

  • THE ORGANIZATION SECURES GRANTS AND LOAN FUNDS THAT ARE USED TO ASSIST INCOME ELIGIBLE HOMEBUYERS IN MAKING IMPROVEMENTS TO HOMES THEY PURCHASE AS WELL AS DEVELOPS AFFORDABLE HOUSING FOR INCOME ELIGIBLE HOMEBUYERS AND RENTERS. PROJECTS IMPROVE THE PHYSICAL CONDITION OF NEIGHBORHOODS AND REVITALIZE DISTRESSED COMMUNITIES.
    Expenses $232,719 · revenue $498,668

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
16-1462012
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
1995
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$545,440
Income (IRS master file)
$649,734

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$601,366$414,178$545,440XML
990December 2023$319,017$420,208$382,515XML
990December 2022$301,888$352,879$369,324IRS
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 16-1462012).

Questions about EMPIRE HOUSING AND DEVELOPMENT CORPORATION

What is the EIN of EMPIRE HOUSING AND DEVELOPMENT CORPORATION?
The employer identification number (EIN) of EMPIRE HOUSING AND DEVELOPMENT CORPORATION is 16-1462012.
Is EMPIRE HOUSING AND DEVELOPMENT CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1995.
Are donations to EMPIRE HOUSING AND DEVELOPMENT CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EMPIRE HOUSING AND 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 EMPIRE HOUSING AND 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 EMPIRE HOUSING AND 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 are the officers and directors of EMPIRE HOUSING AND DEVELOPMENT CORPORATION?
The 990 for the year ended December 31, 2024 lists 11 people; 2 received compensation from the organization, the highest $104,500 (WILLIAM DEMARLE, CO-EXECUTIVE DIRECTOR).
How much revenue does EMPIRE HOUSING AND DEVELOPMENT CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $601,366, expenses of $414,178 and total assets of $545,440 at year end.

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