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Nonprofit · EIN 47-4953714

BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · NEW YORK, NY 10010

Financials

$15.3M$12.8M2023$14.4M$11.8M2024
Revenue Expenses · by fiscal year end
Financials of BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$14,429,781$11,780,873$2,648,908$20,985,367$4,288,135$16,697,232
December 31, 2023990$15,313,989$12,764,039$2,549,950$21,039,530$6,992,498$14,047,032
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$14,138,686
Investment income
$234,097
Other revenue
$56,998

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$2,344,794
Salaries, compensation and benefits (total)
$3,236,771
Professional fundraising fees
$0
Legal fees
$491,777
Accounting fees
$98,175
Occupancy
$2,633,810
Travel
$811
Depreciation
$1,085,821
Program services (functional)
$9,986,623
Management and general (functional)
$1,794,250

Balance sheet and other

Total assets, start of year
$21,039,530
Total assets, end of year
$20,985,367
Total liabilities, end of year
$4,288,135
Net assets, end of year
$16,697,232
Land, buildings and equipment
$10,264,973
Net assets without donor restrictions
$16,697,232
Gross receipts
$14,429,781
Employees
51
Volunteers
0
Year formed
2015
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.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
ADAM WEINSTEINPRESIDENT/CEO
Trustee or director, Officer
1$0$863,534$180,441
JAMES ROBERT PIGOTT JRVICE PRESIDENT AND SECRETA
Trustee or director, Officer
1$0$366,981$87,569
MICHAEL WADMANVICE PRESIDENT
Officer
1$0$321,134$59,437
LUKEMAN OGUNYINKATREASURER
Trustee or director, Officer
1$0$357,241$9,964
MATTHEW KELLYOUTGOING VICE PRESIDENT
Officer
1$0$241,381$70,079
KEVIN HORNEFACILITIES DIRECTOR
Highest-paid employee
40$119,857$0$921
EFRAIN MORALESMAINTENACE SUPERVISOR
Highest-paid employee
40$114,122$0$1,329
990 for the year ended December 31, 2023: 9 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
ADAM WEINSTEINPRESIDENT/CEO
Trustee or director, Officer
1$0$818,137$172,076
JAMES ROBERT PIGOTT JRVICE PRESIDENT AND SECRETA
Trustee or director, Officer
1$0$350,387$79,704
MATTHEW KELLYVICE PRESIDENT
Officer
1$0$350,240$73,253
MICHAEL WADMANVICE PRESIDENT
Officer
1$0$302,790$58,015
LUKEMAN OGUNYINKATREASURER
Trustee or director, Officer
1$0$274,320$62,804
MIRIAM RUBINTONVP - AREA MANAGER
Highest-paid employee
40$174,883$0$33,539
EFRAIM MORALESMAINTENACE SUPERVISOR
Highest-paid employee
40$112,676$0$1,386
ORRIETTE MARCANORECERTIFICATION MANAGER
Highest-paid employee
40$100,096$0$8,052
KEVIN HORNEFACILITIES DIRECTOR
Highest-paid employee
40$103,964$0$942

Address and contacts

Address (IRS master file)
257 PARK AVENUE SOUTH 12TH FLOOR, NEW YORK, NY 10010-7338
In care of
% CARLOS TAVAREZ
Principal officer (990 for 2024)
ADAM WEINSTEIN, 257 PARK AVENUE SOUTH 12TH FLOOR, NEW YORK, NY 10010
Signed the 990
LUKEMAN OGUNYINKA, TREASURER
Phone
(212) 243-9090
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

TO PROVIDE AFFORDABLE HOUSING TO LOW AND MODERATE INCOME FAMILIES IN NEW YORK CITY.

990 for the year ended December 31, 2024

Program accomplishments

  • PROVIDING LOW AND MODERATE-INCOME HOUSING FOR FAMILIES IN NEW YORK CITY. THE REPORTING ORGANIZATION OWNS AND OPERATES A HOUSING PROJECT KNOWN AS LAMBERT HOUSES LOCATED IN THE BOROUGH OF THE BRONX IN NEW YORK CITY. THE PROJECT CONSISTS OF 518 DWELLING UNITS.
    Expenses $9,986,623 · revenue $14,195,684

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
47-4953714
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$20,985,367
Income (IRS master file)
$14,429,781

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$14,429,781$11,780,873$20,985,367XML
990December 2023$15,313,989$12,764,039$21,039,530XML
990December 2022$15,029,377$13,881,733$19,612,383IRS
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 47-4953714).

Questions about BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION is 47-4953714.
Is BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2016.
Are donations to BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BOSTON TREMONT 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 BOSTON TREMONT 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 BOSTON TREMONT 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 BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 names ADAM WEINSTEIN.
Who are the officers and directors of BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 lists 7 people; 2 received compensation from the organization.
How much revenue does BOSTON TREMONT HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $14,429,781, expenses of $11,780,873 and total assets of $20,985,367 at year end.

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