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Nonprofit · EIN 46-1680265

MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt (reinstated) · BRONX, NY 10456

Financials

$544K$644K2022
Revenue Expenses · by fiscal year end
Financials of MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2023990$544,053$643,915-$99,862$3,679,406$4,133,145-$453,739
Financial details: 990 for the year ended June 30, 2023

Revenue

Contributions, gifts and grants
$0
Program service revenue
$544,053
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,538
Accounting fees
$24,849
Depreciation
$99,133
Program services (functional)
$643,915

Balance sheet and other

Total assets, start of year
$3,780,025
Total assets, end of year
$3,679,406
Total liabilities, end of year
$4,133,145
Net assets, end of year
-$453,739
Land, buildings and equipment
$2,983,488
Net assets without donor restrictions
-$453,739
Gross receipts
$544,053
Employees
0
Volunteers
9
Year formed
2013
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 June 30, 2023, highest compensation first.

NameTitleHours / weekCompensationFrom related orgs
PAUL MOOREEXECUTIVE DIRECTOR
Officer
5$0$190,807
HELEN FOREMAN-HINESPRESIDENT
Trustee or director, Officer
1$0$0
IZZY KUKAJVICE PRESIDENT
Trustee or director, Officer
0.5$0$0
ROBERT BALACHANDRANVICE PRESIDENT
Trustee or director, Officer
0.5$0$0
FREDRICA CLARKSECRETARY
Trustee or director, Officer
0.5$0$0
SEAN TURNERTREASURER
Trustee or director, Officer
0.5$0$0
JACKIE FORBES-CLARKDIRECTOR
Trustee or director
0.5$0$0
ROSEMARIE GORDONDIRECTOR
Trustee or director
0.5$0$0
RITA JONESDIRECTOR
Trustee or director
0.5$0$0
ABIGAIL TAYLORDIRECTOR
Trustee or director
0.5$0$0

Address and contacts

Address (IRS master file)
576 E 165TH ST APT B, BRONX, NY 10456-6830
Principal officer (990 for 2022)
PAUL MOORE, 576B EAST 165TH STREET, BRONX, NY 10456
Signed the 990
PAUL MOORE, EXECUTIVE DIRECTOR
Phone
(718) 589-7858
Website
MRCBX.ORG
Return prepared by
MARCUM LLP

Mission

THE CORPORATION IS ORGANIZED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING ON A TAX-EXEMPT BASIS, AN AFFORDABLE HOUSING PROJECT FOR PERSONS OF LOW INCOME.

990 for the year ended June 30, 2023

Program accomplishments

  • AFFORDABLE HOUSING
    Expenses $643,915 · revenue $544,053

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025Not on file
2023June 30, 2024November 15, 2024Not on file

IRS record

EIN
46-1680265
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
2022
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,679,406
Income (IRS master file)
$544,053

Revocation and reinstatement

Exemption revoked
November 15, 2018
Posted by the IRS
August 12, 2019
Reinstated
Effective November 15, 2018

From the IRS automatic revocation list: organizations that did not file a required return or e-Postcard for three consecutive years.

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2023$544,053$643,915$3,679,406XML
990June 2022–––IRS
990June 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 46-1680265).

Questions about MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION is 46-1680265.
Is MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS revoked its exemption on November 15, 2018 and reinstated it effective November 15, 2018.
Are donations to MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MRC MELROSE 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 MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2023.
Who is the principal officer of MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2023 names PAUL MOORE.
Who are the officers and directors of MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended June 30, 2023 lists 10 people; 0 received compensation from the organization.
How much revenue does MRC MELROSE HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended June 30, 2023 it reported revenue of $544,053, expenses of $643,915 and total assets of $3,679,406 at year end.

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