Nonprofit · EIN 45-3615582
DIVISION HOUSING CORPORATION
Tax-exempt · BROOKLYN, NY 11249
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $2,653,009 | $9,843 | $2,643,166 | $15,824,747 | $108,339 | $15,716,408 |
| December 31, 2023 | 990 | $2,014,774 | $15,861 | $1,998,913 | $13,092,259 | $15,000 | $13,077,259 |
| June 30, 2023 | 990 | $15,028,478 | $7,369,253 | $7,659,225 | $11,078,346 | $0 | $11,078,346 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,826,404
- Investment income
- $826,605
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $7,875
- Program services (functional)
- $1,207
- Management and general (functional)
- $8,636
Balance sheet and other
- Total assets, start of year
- $13,092,259
- Total assets, end of year
- $15,824,747
- Total liabilities, end of year
- $108,339
- Net assets, end of year
- $15,716,408
- Net assets without donor restrictions
- $15,716,408
- Gross receipts
- $2,653,009
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2011
- 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 |
|---|---|---|---|---|
| MONSIGNOR ANTHONY HERNANDEZ | PRESIDENT Trustee or director, Officer | 5 | $0 | $128,250 |
| RABBI JOSHUA ROSENBAUM | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MARY DUNBAR | SECRETARY / TREASURER Trustee or director, Officer | 3 | $0 | $0 |
| REVEREND JEREMIAS CASTILLO | DIRECTOR Trustee or director | 3 | $0 | $0 |
| MIGUEL HERNANDEZ | DIRECTOR (THRU 5/8/24) Trustee or director | 3 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONSIGNOR ANTHONY HERNANDEZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| RABBI JOSHUA ROSENBAUM | DIRECTOR Trustee or director | 3 | $0 |
| MARY DUNBAR | SECRETARY / TREASURER Trustee or director, Officer | 3 | $0 |
| MIGUEL HERNANDEZ | DIRECTOR Trustee or director | 3 | $0 |
990 for the year ended June 30, 2023: 4 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MONSIGNOR ANTHONY HERNANDEZ | PRESIDENT Trustee or director, Officer | 5 | $0 |
| RABBI JOSHUA ROSENBAUM | DIRECTOR Trustee or director | 3 | $0 |
| MARY DUNBAR | SECRETARY / TREASURER Trustee or director, Officer | 3 | $0 |
| MIGUEL HERNANDEZ | DIRECTOR Trustee or director | 3 | $0 |
Address and contacts
- Address (IRS master file)
- 60 DIVISION AVENUE, BROOKLYN, NY 11249-6659
- In care of
- % ROBERT KOTARA
- Principal officer (990 for 2024)
- MSGR ANTHONY HERNANDEZ, 60 DIVISION AVENUE, BROOKLYN, NY 11249
- Signed the 990
- MSGR ANTHONY HERNANDEZ, PRESIDENT
- Phone
- (212) 692-8351
- Return prepared by
- CITRIN COOPERMAN ADVISORS LLC
Mission
TO OWN, REHABILITATE, MAINTAIN, AND MANAGE, ON A NONPROFIT BASIS, A MUNICIPALLY-AIDED HOUSING PROJECT IN BROOKLYN, NY, FOR PERSONS WITH LOW INCOME.
Program accomplishments
- THROUGH ITS MAJORITY INTEREST IN RC PLAZA ASSOCIATES, LLC, THE CORPORATION OVERSEES THE OPERATION OF AN APARTMENT COMPLEX OF 534 RESIDENTIAL UNITS (AND TWO COMMERCIAL SPACES), WHICH SERVES AS LOW-INCOME RENTAL HOUSING.Expenses $1,207 · revenue $1,826,404
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
- 45-3615582
- 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
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L21)
- Assets (IRS master file)
- $15,824,747
- Income (IRS master file)
- $2,653,009
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $2,653,009 | $9,843 | $15,824,747 | XML |
| 990 | December 2023 | $2,014,774 | $15,861 | $13,092,259 | XML |
| 990 | June 2023 | $15,028,478 | $7,369,253 | $11,078,346 | XML |
| 990 | June 2022 | – | – | – | IRS |
| 990 | June 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 45-3615582).
Questions about DIVISION HOUSING CORPORATION
- What is the EIN of DIVISION HOUSING CORPORATION?
- The employer identification number (EIN) of DIVISION HOUSING CORPORATION is 45-3615582.
- Is DIVISION HOUSING CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
- Are donations to DIVISION HOUSING CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does DIVISION HOUSING 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 DIVISION HOUSING 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 DIVISION HOUSING 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 DIVISION HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 names MSGR ANTHONY HERNANDEZ.
- Who are the officers and directors of DIVISION HOUSING CORPORATION?
- The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
- How much revenue does DIVISION HOUSING CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $2,653,009, expenses of $9,843 and total assets of $15,824,747 at year end.
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