Nonprofit · EIN 47-5248224
BAY HOUSE HOUSING DEVELOPMENT CORPORATION
Tax-exempt · YONKERS, NY 10701
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $184,243 | $281,064 | -$96,821 | $4,006,581 | $21,971 | $3,984,610 |
| December 31, 2023 | 990 | $179,420 | $254,117 | -$74,697 | $4,099,843 | $18,412 | $4,081,431 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $86,093
- Program service revenue
- $88,800
- Investment income
- $9,350
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $63,971
- Salaries, compensation and benefits (total)
- $85,863
- Professional fundraising fees
- $0
- Accounting fees
- $2,330
- Occupancy
- $52,546
- Depreciation
- $103,234
- Program services (functional)
- $269,854
- Management and general (functional)
- $11,210
Balance sheet and other
- Total assets, start of year
- $4,099,843
- Total assets, end of year
- $4,006,581
- Total liabilities, end of year
- $21,971
- Net assets, end of year
- $3,984,610
- Land, buildings and equipment
- $3,750,599
- Net assets without donor restrictions
- $1,246,791
- Net assets with donor restrictions
- $2,737,819
- Gross receipts
- $184,243
- Employees
- 0
- Volunteers
- 2
- Year formed
- 2014
- 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 |
|---|---|---|---|---|---|
| RICHARD NIGHTINGALE | secretary/treasurer Trustee or director, Officer | 1 | $0 | $480,628 | $53,979 |
| JESSE KRASNOW | president Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFFERSON BOYCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD NIGHTINGALE | secretary/treasurer Trustee or director, Officer | 1 | $0 | $459,836 | $47,618 |
| JESSE KRASNOW | president Trustee or director, Officer | 1 | $0 | $0 | $0 |
| JEFFERSON BOYCE | DIRECTOR Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- C/O WESTHAB INC 8 BASHFORD STREET, YONKERS, NY 10701-0000
- In care of
- % STEPHANIE VIOLA
- Principal officer (990 for 2024)
- RICHARD NIGHTINGALE, 8 Bashford Street, Yonkers, NY 10701
- Signed the 990
- RICHARD NIGHTINGALE, secretary/treasurer
- Phone
- (914) 345-2800
- Website
- WWW.WESTHAB.ORG
- Return prepared by
- WithumSmithBrown PC
Mission
TO DEVELOP 157 BRUCE AVE IN YONKERS NY FOR THE PURPOSE OF CREATING THE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES ON REAL PROPERTY TO BE OWNED BY THE CORPORATION. (SEE SCHEDULE O FOR DETAILS).
Program accomplishments
- TO DEVELOP 157 BRUCE AVE IN YONKERS NY FOR THE PURPOSE OF CREATING THE HOUSING FOR LOW INCOME INDIVIDUALS AND FAMILIES ON REAL PROPERTY TO BE OWNED BY THE CORPORATION. BAY HOUSE HOUSING DEVELOPMENT FUND WILL PROVIDE TRANSITIONAL LIVING HOUSING FOR YOUNG ADULTS AGES 18-24. THE ORGANIZATION IS ALSO WORKING WITH WESTHAB, WHO IS PARTNERING WITH CHILDREN'S VILLAGE TO PROVIDE SUPPORT SERVICES. (SEE SCHEDULE O FOR DETAILS).Expenses $269,854 · revenue $88,800
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
- 47-5248224
- 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
- 2017
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L40)
- Assets (IRS master file)
- $4,006,581
- Income (IRS master file)
- $184,243
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $184,243 | $281,064 | $4,006,581 | XML |
| 990 | December 2023 | $179,420 | $254,117 | $4,099,843 | XML |
| 990 | December 2022 | $163,160 | $249,871 | $4,176,448 | 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 47-5248224).
Questions about BAY HOUSE HOUSING DEVELOPMENT CORPORATION
- What is the EIN of BAY HOUSE HOUSING DEVELOPMENT CORPORATION?
- The employer identification number (EIN) of BAY HOUSE HOUSING DEVELOPMENT CORPORATION is 47-5248224.
- Is BAY HOUSE HOUSING DEVELOPMENT CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
- Are donations to BAY HOUSE HOUSING DEVELOPMENT CORPORATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does BAY HOUSE HOUSING DEVELOPMENT 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 BAY HOUSE HOUSING DEVELOPMENT 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 BAY HOUSE HOUSING DEVELOPMENT 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 BAY HOUSE HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 names RICHARD NIGHTINGALE.
- Who are the officers and directors of BAY HOUSE HOUSING DEVELOPMENT CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does BAY HOUSE HOUSING DEVELOPMENT CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $184,243, expenses of $281,064 and total assets of $4,006,581 at year end.
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