Nonprofit · EIN 45-5567885
LESPMHA HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · NEW YORK, NY 10009
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $3,070,072 | $3,802,627 | -$732,555 | $23,742,829 | $22,870,784 | $872,045 |
| December 31, 2023 | 990 | $2,974,739 | $3,659,242 | -$684,503 | $24,057,198 | $22,452,598 | $1,604,600 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $2,799,986
- Investment income
- $270,086
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $173,401
- Salaries, compensation and benefits (total)
- $248,773
- Professional fundraising fees
- $0
- Legal fees
- $57,488
- Accounting fees
- $17,175
- Occupancy
- $482,956
- Depreciation
- $512,746
- Program services (functional)
- $3,596,114
- Management and general (functional)
- $206,513
Balance sheet and other
- Total assets, start of year
- $24,057,198
- Total assets, end of year
- $23,742,829
- Total liabilities, end of year
- $22,870,784
- Net assets, end of year
- $872,045
- Land, buildings and equipment
- $14,602,991
- Net assets without donor restrictions
- $872,045
- Gross receipts
- $3,070,072
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2012
- 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 |
|---|---|---|---|---|---|
| RONA CLEMENTE | EXECUTIVE OFFICER Officer | 10 | $0 | $109,607 | $35,697 |
| HERMAN HEWITT | PRESIDENT Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ALBERTO TORRES | VP Trustee or director, Officer | 0 | $0 | $0 | $0 |
| MAHBUB HASSAN | TREASURER Trustee or director, Officer | 0 | $0 | $0 | $0 |
| ASTOU FALL | SECRETARY Trustee or director, Officer | 0 | $0 | $0 | $0 |
| BETTINA KINDERMANN | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| THOMAS CHEN | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| ALISTAIR DUPONT | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| LILLIAN NAZARIO | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| YING LIN CHEN | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| ALFRED ROBINSON | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
| AURA OLAVARRIA | MEMBER Trustee or director | 0 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 9 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RONA CLEMENTE | EXECUTIVE OF Officer | 10 | $0 | $95,898 | $7,052 |
| HERMAN HEWITT | PRESIDENT Trustee or director, Officer | – | $0 | $0 | $0 |
| VERONIQUE DOUMBE | VP Trustee or director, Officer | – | $0 | $0 | $0 |
| MAHBUB HASSAN | TREASURER Trustee or director, Officer | – | $0 | $0 | $0 |
| BETTINA KINDERMANN | SECRETARY Trustee or director, Officer | – | $0 | $0 | $0 |
| KIL J YI | MEMBER Trustee or director | – | $0 | $0 | $0 |
| THOMAS CHEN | MEMBER Trustee or director | – | $0 | $0 | $0 |
| YING LIN CHEN | MEMBER Trustee or director | – | $0 | $0 | $0 |
| LILLIAN NAZARIO | MEMBER Trustee or director | – | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 228 E 3RD STREET, NEW YORK, NY 10009-7584
- In care of
- % THE PEOPLES MUTUAL HOUSING
- Principal officer (990 for 2024)
- RONA CLEMENTE, 228 E 3RD STREET, NEW YORK, NY 10009
- Signed the 990
- RONA CLEMENTE, EXECTIVE OFFICER
- Phone
- (212) 473-5940
- Return prepared by
- LIPSKY GOODKIN & CO PC
Mission
PROVISION OF LOW AND MODERATE INCOME HOUSING
Program accomplishments
- HOUSING-THE ORGANIZATION PROVIDES MODERATE AND LOW INCOME RENTAL UNITS TO THE COMMUNITY.Expenses $3,596,114
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
- 45-5567885
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible (Pub 78)
- Organization other than a public charity or private foundation
- Exempt since
- 2014
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $23,742,829
- Income (IRS master file)
- $3,070,072
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $3,070,072 | $3,802,627 | $23,742,829 | IRS |
| 990 | December 2023 | $2,974,739 | $3,659,242 | $24,057,198 | XML |
| 990 | December 2022 | $2,723,188 | $3,464,391 | $24,435,486 | 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 45-5567885).
Questions about LESPMHA HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of LESPMHA HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of LESPMHA HOUSING DEVELOPMENT FUND CORPORATION is 45-5567885.
- Is LESPMHA HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2014.
- Are donations to LESPMHA HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Organization other than a public charity or private foundation).
- Which annual return does LESPMHA 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 LESPMHA 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 LESPMHA 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 LESPMHA HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names RONA CLEMENTE.
- Who are the officers and directors of LESPMHA HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 12 people; 0 received compensation from the organization.
- How much revenue does LESPMHA HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $3,070,072, expenses of $3,802,627 and total assets of $23,742,829 at year end.
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