Nonprofit · EIN 26-1880608
STANTON NORFOLK INC
Tax-exempt · NEW YORK, NY 10002
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $4,889,549 | $5,130,936 | -$241,387 | $5,367,877 | $1,148,706 | $4,219,171 |
| December 31, 2023 | 990 | $4,998,959 | $4,738,643 | $260,316 | $5,610,868 | $1,150,310 | $4,460,558 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $4,782,380
- Investment income
- $25
- Other revenue
- $107,144
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $220,267
- Other salaries and wages
- $2,923,812
- Salaries, compensation and benefits (total)
- $4,073,952
- Professional fundraising fees
- $0
- Legal fees
- $17,062
- Occupancy
- $372,162
- Depreciation
- $23,401
- Program services (functional)
- $3,733,154
- Management and general (functional)
- $1,397,782
Balance sheet and other
- Total assets, start of year
- $5,610,868
- Total assets, end of year
- $5,367,877
- Total liabilities, end of year
- $1,148,706
- Net assets, end of year
- $4,219,171
- Land, buildings and equipment
- $61,103
- Net assets without donor restrictions
- $4,219,171
- Gross receipts
- $4,889,549
- Employees
- 75
- Volunteers
- 0
- Year formed
- 2008
- 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 |
|---|---|---|---|---|---|
| THOMAS YU | PRESIDENT/EXECUTIVE DIRECT Trustee or director, Officer | 3 | $0 | $284,107 | $61,872 |
| HUI-YUAN NELSON CHAN | TREASURER Trustee or director, Officer | 1 | $0 | $206,467 | $64,387 |
| HSUEH LAM YAN | DIRECTOR, ASSET & PROPERTY MGMT. Trustee or director, Officer | 24 | $193,724 | $0 | $26,543 |
| MY T CHANG | VP/CHIEF OF STAFF Trustee or director, Officer | 1 | $0 | $199,435 | $9,430 |
| JOY SUZANNE GRANADO | CHIEF ACCOUNTING OFFICER (OUTGOING) Officer | 1 | $0 | $175,272 | $21,446 |
| YUN TIN SALLY NG | MGR, ACCT & CONTROLLER Highest-paid employee | 35 | $121,847 | $0 | $25,359 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| THOMAS YU | PRESIDENT/EXECUTIVE DIRECTOR Trustee or director, Officer | 3 | $0 | $279,045 | $66,264 |
| JOY SUZANNE GRANADO | CHIEF ACCOUNTING OFFICER Officer | 1 | $0 | $192,545 | $28,046 |
| HUI-YUAN NELSON CHAN | TREASURER Trustee or director, Officer | 1 | $0 | $168,900 | $48,163 |
| HSUEH LAM YAN | SECRETARY Trustee or director, Officer | 24 | $178,281 | $0 | $22,333 |
| MY T CHANG | VP/CHIEF OF STAFF Trustee or director, Officer | 1 | $0 | $139,860 | $8,044 |
| YUN TIN SALLY NG | MANAGER, ACCCOUNTANT & CONTROLLER Highest-paid employee | 35 | $120,321 | $0 | $22,570 |
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 GROUND FLOOR, NEW YORK, NY 10002
- Signed the 990
- THOMAS YU, PRESIDENT/EXECUTIVE DIRECTOR
- Phone
- (212) 477-2265
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO PROMOTE, PRESERVE, MANAGE, AND MAINTAIN AFFORDABLE HOUSING; PROVIDE ASSISTANCE AND SPACE FOR SMALL BUSINESSES THAT BENEFIT THE COMMUNITY; AND TO CO-ORDINATE RELATED TENANT SERVICES.
Program accomplishments
- AFFORDABLE HOUSING: PROMOTION, PRESERVATION, MANAGEMENT, AND MAINTENANCE OF AFFORDABLE HOUSING - INCLUDING COORDINATING TENANT SERVICES. STANTON OVERSEES IN EXCESS OF 1034 AFFORDABLE HOUSING UNITS LOCATED IN LOWER MANHATTAN AND QUEENS.Expenses $3,733,154 · revenue $4,878,244
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
- 26-1880608
- 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
- 2008
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $5,367,877
- Income (IRS master file)
- $4,889,549
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $4,998,959 | $4,738,643 | $5,610,868 | IRS |
| 990 | December 2022 | $4,641,919 | $4,200,548 | $5,562,206 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 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.
Questions about STANTON NORFOLK INC
- What is the EIN of STANTON NORFOLK INC?
- The employer identification number (EIN) of STANTON NORFOLK INC is 26-1880608.
- Is STANTON NORFOLK INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2008.
- Are donations to STANTON NORFOLK INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does STANTON NORFOLK 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 STANTON NORFOLK 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 STANTON NORFOLK 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 STANTON NORFOLK INC?
- The 990 for the year ended December 31, 2024 names THOMAS YU.
- Who are the officers and directors of STANTON NORFOLK INC?
- The 990 for the year ended December 31, 2024 lists 6 people; 2 received compensation from the organization.
- How much revenue does STANTON NORFOLK INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $4,889,549, expenses of $5,130,936 and total assets of $5,367,877 at year end.
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