Nonprofit · EIN 22-2917994
BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC
Tax-exempt · NEW YORK, NY 10031
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,096,231 | $5,885,318 | -$4,789,087 | $26,315,107 | $1,250,445 | $25,064,662 |
| December 31, 2023 | 990 | $828,752 | $1,943,507 | -$1,114,755 | $32,077,275 | $2,247,013 | $29,830,262 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $398,000
- Program service revenue
- $428,966
- Investment income
- $268,213
- Other revenue
- $1,052
Expenses
- Grants and similar amounts paid
- $5,027,958
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $9,965
- Accounting fees
- $13,000
- Occupancy
- $122,637
- Depreciation
- $130,894
- Program services (functional)
- $5,816,722
- Management and general (functional)
- $68,596
Balance sheet and other
- Total assets, start of year
- $32,077,275
- Total assets, end of year
- $26,315,107
- Total liabilities, end of year
- $1,250,445
- Net assets, end of year
- $25,064,662
- Land, buildings and equipment
- $2,729,821
- Publicly traded securities
- $896,080
- Net assets without donor restrictions
- $25,064,662
- Gross receipts
- $1,096,231
- Employees
- 0
- Volunteers
- 0
- Year formed
- 1998
- 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 | Other / benefits |
|---|---|---|---|---|---|
| CHARLENE MELVILLE | PRESIDENT/CHAIR Trustee or director, Officer | 5 | $0 | $257,692 | $31,386 |
| DAVID NATHANSON | TREASURER/SECRETARY Officer | 5 | $0 | $205,207 | $39,418 |
| JAN PETRIGAN | DIRECTOR OF OPERATIONS Officer | 5 | $0 | $153,864 | $22,874 |
| ALAN WEIL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 5 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| CHARLENE MELVILLE | PRESIDENT/CHAIR (AS OF 04/23) Trustee or director, Officer | 5 | $0 | $251,162 | $30,648 |
| DAVID NATHANSON | TREASURER/SECRETARY Officer | 5 | $0 | $207,312 | $37,192 |
| ELLEN BAXTER | PRESIDENT (THRU 04/23) Trustee or director, Officer | 5 | $0 | $149,629 | $36,008 |
| TAYLOR MORLEY | CHIEF OPERATING OFFICER (THRU 10/23) Officer | 5 | $0 | $150,723 | $20,872 |
| ALAN WEIL | VICE PRESIDENT Trustee or director, Officer | 2 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 583 RIVERSIDE DRIVE, NEW YORK, NY 10031-8346
- In care of
- % DAVID NATHANSON
- Principal officer (990 for 2024)
- MIRIAM RACCAH, 583 RIVERSIDE DRIVE, NEW YORK, NY 10031
- Signed the 990
- JANET MCCREATH, DIRECTOR OF FINANCE
- Phone
- (212) 568-2030
- Website
- BROADWAYHOUSING.ORG
- Return prepared by
- GRANT THORNTON ADVISORS LLC
Mission
TO DEVELOP, OPERATE AND MANAGE HOUSING IN NEW YORK CITY FOR HOMELESS AND LOW INCOME INDIVIDUALS AND FAMILIES.
Program accomplishments
- THE ORGANIZATION DEVELOPS, OWNS AND THROUGH ITS NOT FOR PROFIT AFFILIATE, BROADWAY HOUSING COMMUNITIES INC. ("BHC"), MANAGES PERMANENT HOUSING FOR LOW INCOME AND PREVIOUSLY HOMELESS INDIVIDUALS, INCLUDING THOSE WITH SPECIAL NEEDS. BHDFC OWNS AND OPERATES 2 SUPPORTIVE HOUSING PROJECTS: THE EDGECOMBE, LOCATED AT 345 EDGECOMBE AVENUE, NEW YORK PROVIDING 21 SINGLE ROOM OCCUPANCY UNITS IN A LANDMARKED BUILDING; AND THE DELTA LOCATED AT 475 WEST 145TH STREET COMPRISED OF 32 STUDIO AND ONE BEDROOM APARTMENTS.Expenses $5,816,722 · grants $5,027,958 · revenue $428,966
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
- 22-2917994
- 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
- 1988
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20Z)
- Assets (IRS master file)
- $26,315,107
- Income (IRS master file)
- $1,096,231
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,096,231 | $5,885,318 | $26,315,107 | XML |
| 990 | December 2023 | $828,752 | $1,943,507 | $32,077,275 | XML |
| 990 | December 2022 | $848,119 | $913,515 | $32,880,239 | 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 22-2917994).
Questions about BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC
- What is the EIN of BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC?
- The employer identification number (EIN) of BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC is 22-2917994.
- Is BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1988.
- Are donations to BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC 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 BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC 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 BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC 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 BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2024 names MIRIAM RACCAH.
- Who are the officers and directors of BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does BROADWAY HOUSING DEVELOPMENT FUND COMPANY INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,096,231, expenses of $5,885,318 and total assets of $26,315,107 at year end.
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