Nonprofit · EIN 20-0638650
UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BRONX, NY 10452
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,254,370 | $1,752,539 | -$498,169 | $5,623,316 | $13,428,850 | -$7,805,534 |
| December 31, 2023 | 990 | $1,217,694 | $1,724,305 | -$506,611 | $5,978,217 | $13,285,582 | -$7,307,365 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,203,941
- Investment income
- $429
- Other revenue
- $50,000
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $185,081
- Salaries, compensation and benefits (total)
- $254,002
- Professional fundraising fees
- $0
- Legal fees
- $239
- Accounting fees
- $15,891
- Depreciation
- $464,253
- Program services (functional)
- $1,649,776
- Management and general (functional)
- $102,763
Balance sheet and other
- Total assets, start of year
- $5,978,217
- Total assets, end of year
- $5,623,316
- Total liabilities, end of year
- $13,428,850
- Net assets, end of year
- -$7,805,534
- Land, buildings and equipment
- $4,960,681
- Net assets without donor restrictions
- -$7,805,534
- Gross receipts
- $1,254,370
- Employees
- 2
- Volunteers
- 0
- Year formed
- 2003
- 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 | From related orgs |
|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 1 | $0 | $311,847 |
| DONNA M SMITH | CFO Officer | 1 | $0 | $184,239 |
| MSGR DONALD SAKANO | CHAIRMAN Trustee or director, Officer | 0 | $0 | $0 |
| REV MARK CREGAN | TREASURER Trustee or director, Officer | 0 | $0 | $0 |
| KENNETH BROWNE | DIRECTOR Trustee or director | 0 | $0 | $0 |
| REV JOSEPH FRANCO | DIRECTOR Trustee or director | 0 | $0 | $0 |
| REV FR JOSE R CRUZ | DIRECTOR Trustee or director | 0 | $0 | $0 |
| BEATRIZ DIAZ TAVERAS | DIRECTOR Trustee or director | 0 | $0 | $0 |
| ROSANNA VIERA | DIRECTOR Trustee or director | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| KOBINA ARHIN | SVP/CEO Officer | 1 | $0 | $306,737 |
| DONNA M SMITH | CFO Officer | 1 | $0 | $49,735 |
| MSGR DONALD SAKANO | CHAIRMAN Trustee or director, Officer | – | $0 | $0 |
| REV MARK CREGAN | TREASURER Trustee or director, Officer | – | $0 | $0 |
| KENNETH BROWNE | DIRECTOR Trustee or director | – | $0 | $0 |
| REV JOSEPH FRANCO | DIRECTOR Trustee or director | – | $0 | $0 |
| REV FR JOSE R CRUZ | DIRECTOR Trustee or director | – | $0 | $0 |
| BEATRIZ DIAZ TAVERAS | DIRECTOR Trustee or director | – | $0 | $0 |
| ROSANNA VIERA | DIRECTOR Trustee or director | – | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1465 NELSON AVE OFC A, BRONX, NY 10452-1758
- In care of
- % RAFAEL MARTINEZ
- Principal officer (990 for 2024)
- KOBINA ARHIN, 1465 NELSON AVENUE RM/STE A, BRONX, NY 10452
- Signed the 990
- DONNA SMITH, SVP/CEO
- Phone
- (718) 293-3100
- Return prepared by
- LIPSKY GOODKIN & CO PC
Mission
TO PROVIDE HOUSING FOR LOW INCOME SENIORS
Program accomplishments
- PROVISION OF HOUSING FOR LOW INCOME SENIORSExpenses $1,649,776
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
- 20-0638650
- 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
- 2004
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $5,623,316
- Income (IRS master file)
- $1,254,370
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,254,370 | $1,752,539 | $5,623,316 | IRS |
| 990 | December 2023 | $1,217,694 | $1,724,305 | $5,978,217 | XML |
| 990 | December 2022 | $1,221,151 | $1,705,048 | $6,370,745 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | 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 20-0638650).
Questions about UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION is 20-0638650.
- Is UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2004.
- Are donations to UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY AVENUE SENIOR 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 UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND 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 UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND 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 UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names KOBINA ARHIN.
- Who are the officers and directors of UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 9 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY AVENUE SENIOR HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,254,370, expenses of $1,752,539 and total assets of $5,623,316 at year end.
Other nonprofits in BRONX
- ACACIA NETWORK HOUSING INC EIN 26-0076866 · last filed 990 for 2024
- WOMENS HOUSING AND ECONOMIC DEVELOPMENT CORPORATION EIN 11-3099604 · last filed 990 for 2025
- DIEGO BEEKMAN MUTUAL HOUSING ASSOC HOUSING DEVELOPMNT FUND CORP EIN 76-0709606 · last filed 990 for 2024
- NEW HOPE TRANSITIONAL HOUSING INC EIN 27-1440474 · last filed 990 for 2025
- 163RD STREET IMPROVEMENT COUNCIL INC EIN 13-2564957 · last filed 990 for 2025
- OUB COURT HOUSING COMPANY INC EIN 45-3932032 · last filed 990 for 2024
- HIGHBRIDGE COMMUNITY HOUSING DEVELOPMENT FUND CORPORATION EIN 13-3496091 · last filed 990 for 2024
- THE CRENULATED COMPANY LTD EIN 14-1719016 · last filed 990 for 2025