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Nonprofit · EIN 46-0730038

BROADWAY HOUSING COMMUNITIES FOUNDATION INC

Tax-exempt · NEW YORK, NY 10031

Financials

$425K$1.4M2023$421K$2.5M2024
Revenue Expenses · by fiscal year end
Financials of BROADWAY HOUSING COMMUNITIES FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$421,008$2,454,118-$2,033,110$16,257,278$391$16,256,887
December 31, 2023990$424,854$1,377,607-$952,753$17,185,376$391$17,184,985
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$750
Program service revenue
$0
Investment income
$420,258
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,361,776
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$2,361,776
Management and general (functional)
$92,342

Balance sheet and other

Total assets, start of year
$17,185,376
Total assets, end of year
$16,257,278
Total liabilities, end of year
$391
Net assets, end of year
$16,256,887
Publicly traded securities
$16,245,106
Net assets without donor restrictions
$425,505
Net assets with donor restrictions
$15,831,382
Gross receipts
$421,008
Employees
0
Volunteers
0
Year formed
2012
State of legal domicile
DE

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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLENE MELVILLEEXECUTIVE DIRECTOR
Officer
1$0$257,692$31,386
DAVID NATHANSONCHIEF FINANCIAL OFFICER
Officer
1$0$205,207$39,418
JAN PETRIGANDIRECTOR OF OPERATIONS
Officer
1$0$153,864$22,874
FR JOHN M FELICEDIRECTOR/EMERITUS (NON-VOTING)
Trustee or director
2$0$0$0
MICHAEL SULLIVANPRESIDENT
Trustee or director, Officer
2$0$0$0
BARBARA TARMYVICE PRESIDENT/SECRETARY
Trustee or director, Officer
2$0$0$0
SHAO-PENG MOYTREASURER
Trustee or director, Officer
2$0$0$0
ALAN WEILBOARD CHAIR
Trustee or director, Officer
2$0$0$0
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
CHARLENE MELVILLEEXECUTIVE DIRECTOR (AS OF 04/23)
Officer
1$0$251,162$30,648
DAVID NATHANSONCHIEF FINANCIAL OFFICER
Officer
1$0$207,312$37,192
ELLEN BAXTEREXECUTIVE DIRECTOR (THRU 04/23)
Officer
1$0$149,629$36,008
TAYLOR MORLEYCHIEF OPERATING OFFICER (THRU 10/23)
Officer
1$0$150,723$20,872
FR JOHN M FELICEDIRECTOR/EMERITUS (NON-VOTING)
Trustee or director
2$0$0$0
MICHAEL SULLIVANPRESIDENT
Trustee or director, Officer
2$0$0$0
BARBARA TARMYVICE PRESIDENT/SECRETARY
Trustee or director, Officer
2$0$0$0
SHAO-PENG MOYTREASURER
Trustee or director, Officer
2$0$0$0
ALAN WEILBOARD CHAIR
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 CFO
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
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

THE FOUNDATION'S PRIMARY EXEMPT PURPOSE IS TO FUNDRAISE AND HOLD INVESTMENT ASSETS FOR THE BENEFIT OF ITS PARENT ENTITY, BROADWAY HOUSING COMMUNITIES, INC.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION'S PRIMARY PROGRAM SERVICE ACTIVITY IS TO HOLD INVESTMENT ASSETS FOR THE BENEFIT OF BROADWAY HOUSING COMMUNITIES, INC. ("BHC"). IN 2024, THE FOUNDATION GIFTED ITS INVESTMENT HOLDINGS GAINS BACK TO BHC TO SUPPORT ITS TAX-EXEMPT MISSION OF PROVIDING HOUSING TO THOUSANDS OF ADULTS, CHILDREN AND FAMILIES IN NEED.
    Expenses $2,361,776 · grants $2,361,776

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
46-0730038
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type I
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2012
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,257,278
Income (IRS master file)
$421,008

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$421,008$2,454,118$16,257,278XML
990December 2023$424,854$1,377,607$17,185,376XML
990December 2022$264,628$719,989$16,432,688IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 46-0730038).

Questions about BROADWAY HOUSING COMMUNITIES FOUNDATION INC

What is the EIN of BROADWAY HOUSING COMMUNITIES FOUNDATION INC?
The employer identification number (EIN) of BROADWAY HOUSING COMMUNITIES FOUNDATION INC is 46-0730038.
Is BROADWAY HOUSING COMMUNITIES FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2012.
Are donations to BROADWAY HOUSING COMMUNITIES FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BROADWAY HOUSING COMMUNITIES FOUNDATION 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 COMMUNITIES FOUNDATION 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 COMMUNITIES FOUNDATION 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 COMMUNITIES FOUNDATION INC?
The 990 for the year ended December 31, 2024 names MIRIAM RACCAH.
Who are the officers and directors of BROADWAY HOUSING COMMUNITIES FOUNDATION INC?
The 990 for the year ended December 31, 2024 lists 8 people; 0 received compensation from the organization.
How much revenue does BROADWAY HOUSING COMMUNITIES FOUNDATION INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $421,008, expenses of $2,454,118 and total assets of $16,257,278 at year end.

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