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Nonprofit · EIN 47-5613650

KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP

Tax-exempt · SPRING VALLEY, NY 10977

Financials

$16.5M$7502023$2.7M$77K2024
Revenue Expenses · by fiscal year end
Financials of KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,726,654$77,085$2,649,569$43,956,152$20,968,262$22,987,890
December 31, 2023990$16,512,892$750$16,512,142$20,600,483$262,162$20,338,321
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$0
Investment income
$16,236
Net rental income
$114,201
Net income from sales of inventory
$2,596,217
Other revenue
$2,710,418

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$13,085
Management and general (functional)
$77,085

Balance sheet and other

Total assets, start of year
$20,600,483
Total assets, end of year
$43,956,152
Total liabilities, end of year
$20,968,262
Net assets, end of year
$22,987,890
Land, buildings and equipment
$6,300,788
Net assets without donor restrictions
$22,987,890
Gross unrelated business income
$114,201
Gross receipts
$6,258,757
Employees
0
Volunteers
5
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 / weekCompensation
Abraham EisenbergDirector
Trustee or director
1$0
Fred SchonfeldDirector
Trustee or director
2$0
Naftali BergerDirector
Trustee or director
2$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
Abraham EisenbergDirector
Trustee or director
1$0
Fred SchonfeldDirector
Trustee or director
2$0
Naftali BergerDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
37 REAGAN RD, SPRING VALLEY, NY 10977-7824
In care of
% GOLDSTEIN HALL PLLC
Mailing address (990-N for 2015)
26 TRUMAN AVE, SPRING VALLEY NY 10977
Principal officer (990 for 2024)
Abraham Eisenberg, 37 REAGAN RD, SPRING VALLEY, NY 10977
Signed the 990
Abraham Eisenberg, Director
Phone
(646) 768-4101
Return prepared by
Jacob Frieder CPA PC

Mission

To assist low income families through community development.KTD will identify appropriate locations which would be amenable to affordable housing development and advocate for multifamily zoning approvals, which would accommodate affordable housing development

990 for the year ended December 31, 2024

Program accomplishments

  • We provided & assisted low income families through community development

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
47-5613650
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
2016
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$43,956,152
Income (IRS master file)
$6,258,757

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,726,654$77,085$43,956,152IRS
990December 2023$16,512,892$750$20,600,483XML
990December 2022$23,570$21,219$18,112,094IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS
990December 2017–––IRS
990-N for 2015December 31, 2015≤ $50,000 receipts––e-Postcard

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 47-5613650).

Questions about KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP

What is the EIN of KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP?
The employer identification number (EIN) of KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP is 47-5613650.
Is KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2016.
Are donations to KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP 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 KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP 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 KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP 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 KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP?
The 990 for the year ended December 31, 2024 names Abraham Eisenberg.
Who are the officers and directors of KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP?
The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
How much revenue does KTD HOME OWNERSHIP MAXIMIZATION ENTERPRISE CORP have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,726,654, expenses of $77,085 and total assets of $43,956,152 at year end.

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