Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-2896988

FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · BROOKLYN, NY 11217

Financials

$466K$607K2023
Revenue Expenses · by fiscal year end
Financials of FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2024990$466,009$607,059-$141,050$3,563,741$5,191,446-$1,627,705
Financial details: 990 for the year ended June 30, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$459,566
Investment income
$282
Other revenue
$6,161

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$4,633
Accounting fees
$6,000
Occupancy
$173,333
Depreciation
$200,513
Program services (functional)
$473,979
Management and general (functional)
$133,080

Balance sheet and other

Total assets, start of year
$3,553,659
Total assets, end of year
$3,563,741
Total liabilities, end of year
$5,191,446
Net assets, end of year
-$1,627,705
Land, buildings and equipment
$3,259,973
Net assets without donor restrictions
-$1,627,705
Gross receipts
$466,009
Employees
0
Year formed
2005
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, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MICHELLE DE LA UZSECRETARY
Trustee or director, Officer
0.5$0$244,820$10,646
WILLIAM YATESTREASURER
Trustee or director, Officer
0.5$0$161,060$39,855
JAY A MARCUSTREASURER
Trustee or director, Officer
0.5$0$128,750$70,758
DANY CUNNINGHAMPRESIDENT
Trustee or director, Officer
0.5$0$0$0

Address and contacts

Address (IRS master file)
621 DEGRAW STREET, BROOKLYN, NY 11217-4596
In care of
% GRETCHEN MANEVAL
Principal officer (990 for 2023)
MICHELLE DE LA UZ, 621 DEGRAW STREET, BROOKLYN, NY 11217
Signed the 990
MICHELLE DE LA UZ, SECRETARY
Phone
(718) 237-2017
Return prepared by
DESANTIS KIEFER SHALL & SARCONE LLP

Mission

THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE 5 APARTMENT BUILDINGS HOUSING QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.

990 for the year ended June 30, 2024

Program accomplishments

  • THE ORGANIZATION'S APARTMENT BUILDINGS HAVE A CAPACITY OF 31 RESIDENTIAL APARTMENTS WHICH WERE OCCUPIED DURING THE YEAR.
    Expenses $473,979 · revenue $459,566

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, 2025Not on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
20-2896988
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2007
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,563,741
Income (IRS master file)
$466,009

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2024$466,009$607,059$3,563,741IRS
990June 2023$482,782$606,951$3,553,659IRS
990June 2022–––IRS
990June 2021–––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 20-2896988).

Questions about FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION is 20-2896988.
Is FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2007.
Are donations to FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does FAC RESTORE 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 FAC RESTORE 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 FAC RESTORE 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 2024.
Who is the principal officer of FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2024 names MICHELLE DE LA UZ.
Who are the officers and directors of FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2024 lists 4 people; 0 received compensation from the organization.
How much revenue does FAC RESTORE HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended June 30, 2024 it reported revenue of $466,009, expenses of $607,059 and total assets of $3,563,741 at year end.

Other nonprofits in BROOKLYN

All nonprofits in BROOKLYN · New York · Housing and shelter