Nonprofit · EIN 55-0881162
CAMBA HOUSING VENTURES INC
Tax-exempt · BROOKLYN, NY 11226
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $22,261,334 | $8,724,818 | $13,536,516 | $50,448,229 | $20,525,002 | $29,923,227 |
| June 30, 2024 | 990 (amended) | $4,669,826 | $3,506,795 | $1,163,031 | $36,152,774 | $19,766,063 | $16,386,711 |
| June 30, 2023 | 990 | $4,012,942 | $3,986,441 | $26,501 | $32,144,870 | $16,921,190 | $15,223,680 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $155,000
- Program service revenue
- $21,150,322
- Investment income
- $303,760
- Other revenue
- $652,252
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $78,400
- Occupancy
- $199,391
- Travel
- $43,772
- Depreciation
- $38,168
- Program services (functional)
- $7,676,027
- Management and general (functional)
- $1,048,791
Balance sheet and other
- Total assets, start of year
- $36,152,774
- Total assets, end of year
- $50,448,229
- Total liabilities, end of year
- $20,525,002
- Net assets, end of year
- $29,923,227
- Land, buildings and equipment
- $24,046
- Net assets without donor restrictions
- $29,923,227
- Gross receipts
- $22,261,334
- Employees
- 0
- Volunteers
- 4
- Year formed
- 2004
- 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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE OPLUSTIL | FORMER PRESIDENT/CEO Former | 0 | $0 | $2,163,152 | $18,908 |
| DAVID ROWE | CHIEF ADMIN. OFFICER Key employee | 40 | $0 | $573,758 | $37,912 |
| VALERIE BARTON-RICHARDS | PRESIDENT/CEO Officer | 7 | $0 | $484,480 | $58,584 |
| SHARON BROWNE | CHIEF ADMIN. OFFICER Key employee | 7 | $0 | $398,463 | $87,103 |
| JASON BOUCHARD | CFO Officer | 5 | $0 | $315,301 | $70,035 |
| MICHEAL BERNE | SENIOR VP Key employee | 40 | $0 | $241,866 | $33,805 |
| CHRISTOPHER ZARRA | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHERINE O'NEILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY BRIANCE | TREASURER Trustee or director, Officer | 1 | $0 | $0 | $0 |
| RICHARD LOBEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2024: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE OPLUSTIL | PRESIDENT/CEO THRU MAY 2024 Officer | 7 | $0 | $551,738 | $137,282 |
| DAVID ROWE | CHIEF ADMIN. OFFICER Key employee | 40 | $0 | $575,928 | $30,599 |
| SHARON BROWNE | CHIEF ADMIN. OFFICER Key employee | 7 | $0 | $406,015 | $69,292 |
| VALERIE BARTON-RICHARDS | PRESIDENT/CEO AS OF MAY 2024 Officer | 7 | $0 | $413,775 | $46,355 |
| MICHEAL BERNE | SENIOR VP Key employee | 40 | $0 | $239,087 | $63,875 |
| JASON BOUCHARD | CFO Officer | 1 | $0 | $205,881 | $55,311 |
| CHRISTOPHER ZARRA | CHAIRMAN Trustee or director, Officer | 1 | $0 | $0 | $0 |
| KATHERINE O'NEILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| HENRY BRIANCE | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD LOBEL | BOARD MEMBER Trustee or director | 1 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 11 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| JOANNE M OPLUSTIL | PRESIDENT/CEO Officer | 7 | $0 | $600,604 | $87,526 |
| DAVID ROWE | KEY EMPLOYEE Key employee | 35 | $0 | $607,436 | $50,056 |
| THOMAS DAMBAKLY | KEY EMPLOYEE Key employee | 7 | $0 | $405,000 | $75,679 |
| MICHAEL BERNE | KEY EMPLOYEE Key employee | 35 | $0 | $254,626 | $46,248 |
| MARGARET MARY TADDY | KEY EMPLOYEE Key employee | 35 | $0 | $254,615 | $41,291 |
| BEVERLY MORRIS | CHAIRWOMAN EMERITUS Trustee or director | 1 | $0 | $0 | $0 |
| CHRISTOPHER ZARRA | CHAIRMAN Trustee or director | 2 | $0 | $0 | $0 |
| KATHERINE O'NEILL | SECRETARY Trustee or director, Officer | 1 | $0 | $0 | $0 |
| MARC NORMAN | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| RICHARD LOBEL | MEMBER Trustee or director | 1 | $0 | $0 | $0 |
| HENRY BRIANCE | TREASURER Trustee or director | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- CO CAMBA 1720 CHURCH AVENUE, BROOKLYN, NY 11226-0000
- In care of
- % BEVERLY MORRIS
- Principal officer (990 for 2024)
- VALERIE BARTON-RICHARDSON, C/O CAMBA 1720 CHURCH AVENUE, BROOKLYN, NY 11226
- Signed the 990
- VALERIE BARTON-RICHARDSON, PRESIDENT & CEO
- Phone
- (718) 287-2600
- Website
- WWW.CAMBAHOUSINGVENTURES.ORG
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
CAMBA HOUSING VENTURES ENVISIONS DIVERSE, THRIVING COMMUNITIES WHERE AFFORDABLE HOUSING HELPS TENANTS SUCCEED AND IMPROVES THE LOCAL ECONOMY. CHV'S MISSION IS TO ELEVATE THE DEFINITION OF AFFORDABLE AND SUPPORTIVE HOUSING BY CREATING AND PRESERVING SUSTAINABLE, HIGH-QUALITY, AND ENERGY-EFFICIENT DEVELOPMENTS THAT PROVIDE RESIDENTS WITH A HEALTHY, STABILIZING, AND BEAUTIFUL HOME. WE ARE COMMITTED TO EMPOWERING COMMUNITIES WITH RESOURCES AND OPPORTUNITIES TO FLOURISH.
Program accomplishments
- CAMBA HOUSING VENTURES, INC. IS AN AFFORDABLE HOUSING DEVELOPMENT ORGANIZATION DEVELOPING SUSTAINABLE AND ENERGY EFFICIENT BUILDINGS THAT PROVIDE SAFE AND AFFORDABLE HOUSING FOR LOW-INCOME AND FORMERLY HOMELESS FAMILIES AND INDIVIDUALS.IN 2024 THE CAMBA HOUSING VENTURES (CHV) HOUSING DEVELOPMENTS MAINTAINED OCCUPANCY STANDARDS FOR 880 WILLOUGHBY, 100-UNITS IN BUSHWICK; MORRIS MANOR, 46-UNITS IN FLATBUSH; 97 CROOKE, 53 UNITS IN FLATBUSH; 212-214 HEGEMAN AVENUE, 71 UNITS IN BROWNSVILLE; CAMBA GARDENS PHASE I, 209 UNITS, AND CAMBA GARDENS PHASE II, 293 UNITS, BOTH IN WINGATE, BROOKLYN. VAN DYKE, 101 UNITS OF LEED GOLD AFFORDABLE AND SUPPORTIVE FAMILY HOUSING ON A FORMER NYCHA PARKING LOT AT VAN DYKE HOUSES IN BROWNSVILLE, BROOKLYN ALSO MAINTAINED OCCUPANCY STANDARDS WITH CAMBA PROVIDING ON-SITE SOCIAL SERVICES. CAMBA GARDENS PHASE I AND II (LEED PLATINUM AND GOLD, RESPECTIVELY) REPRESENT A NATIONAL MODEL OF COLLABORATION BETWEEN A PUBLIC HOSPITAL, A NON-PROFIT AFFORDABLE HOUSING DEVELOPER AND A SERVICE PROVIDER TO CO-LOCATE HOUSING AND HEALTHCARE. BUCKINGHAM HOUSE, A 36-UNIT AFFORDABLE DEVELOPMENT FOR FORMERLY HOMELESS AND LOW-INCOME HOUSEHOLDS IN STATEN ISLAND, ALSO MAINTAINED OCCUPANCY STANDARDS WITH CAMBA PROVIDING ON-SITE SOCIAL SERVICES. CHV COMPLETED REHAB/RESILIENCY WORK ON THIS SUPERSTORM SANDY-AFFECTED PROPERTY IN LATE FY21.CHV CONTINUED THE OPERATIONS AND FISCAL IMPROVEMENTS OF HERITAGE HOUSE, A 40-UNIT AFFORDABLE HOUSING PROJECT IN EAST HARLEM ACQUIRED BY CHV AS A WORK-OUT DEAL IN 2015. CHV CONTINUED AS THE NON-PROFIT DEVELOPMENT PARTNER WITH HUDSON COMPANIES AND RELATED COMPANIES AT GATEWAY ELTON PHASE I, PROVIDING 197 UNITS OF AFFORDABLE HOUSING; AT ALAN EPSTEIN APARTMENTS (GATEWAY ELTON PHASE II), PROVIDING 175 UNITS OF AFFORDABLE HOUSING; AND AT GATEWAY ELTON PHASE III, PROVIDING 287 UNITS OF AFFORDABLE HOUSING, ALL IN EAST NEW YORK. CHV CONTINUED AS THE NON-PROFIT PARTNER WITH STELLAR MANAGEMENT FOR CASTLETON PARK, A 454-UNIT MITCHELL LAMA DEVELOPMENT IN STATEN ISLAND, INCLUDING SECURING RENTAL ASSISTANCE AND COORDINATION WITH THE TENANT ASSOCIATION.IN 2025 CHV CONTINUED CONSTRUCTION ON THE HART, THE AWARDED SITE C AS PART OF THE FIRST ROUND OF NEW YORK STATE'S VITAL BROOKLYN INITIATIVE, REACHING 93% COMPLETION AND COMMENCING THE MARKETING AND LEASE-UP PHASES. THE HART WILL PAIR 57 UNITS OF SUSTAINABLE SUPPORTIVE AND AFFORDABLE HOUSING WITH HEALTHCARE ON AN UNDERUTILIZED HOSPITAL SITE IN BEDFORD-STUYVESANT. CHV CONTINUED CONSTRUCTION AT CLARKSON ESTATES, 328 PASSIVE HOUSE UNITS OF SUPPORTIVE AND AFFORDABLE HOUSING, WHICH REACHED 65% COMPLETION AND INCLUDED THE DEMOLITION OF AN EXISTING BUILDING ONSITE. THIS FORMER SUNY DOWNSTATE SITE WAS COMPETITIVELY AWARDED TO CHV AS PART OF VITAL BROOKLYN'S SECOND ROUND OF UNDERUTILIZED HOSPITAL SITES. CLARKSON ESTATES WILL PROVIDE HOUSING FOR YOUTH AGING OUT OF FOSTER CARE, HOMELESS YOUNG ADULTS, FORMERLY INCARCERATED INDIVIDUALS, AND CHRONICALLY HOMELESS FAMILIES, IN ADDITION TO LOW-INCOME INDIVIDUALS AND FAMILIES, AND WILL PROVIDE OVER 30,000 SQUARE FEET OF IMPACTFUL COMMUNITY FACILITY PROGRAMMING, INCLUDING A FULL-SIZED BASKETBALL COURT.CHV COMPLETED LEASE-UP OF THE BRONX GROVE (CHV 202ND/203RD STREET), PROVIDING323 UNITS OF SUPPORTIVE AND AFFORDABLE HOUSING IN BEDFORD PARK IN THE BRONX. CHV ALSO COMPLETED THE PERMANENT FINANCING CONVERSION IN 2025, STABILIZING THE BUILDING AND TRANSITIONING IT SUCCESSFULLY INTO THE OPERATIONS AND ASSET MANAGEMENT PHASE. HAVING COMPLETED THE YEAR 15 LOW INCOME HOUSING TAX CREDIT INVESTOR EXIT PROCESS AND A TAX ABATEMENT CLOSING FOR MORRIS MANOR, CHV SUBSTANTIALLY COMPLETED DESIGN PHASE FOR FUTURE CAPITAL IMPROVEMENTS, COMMENCED BIDDING AND CONTINUED FURTHER PREDEVELOPMENT WORK. SIMILAR TO MORRIS MANOR, CHV ALSO SECURED PROJECT-BASED RENTAL SUBSIDIES FOR A PORTION OF THE UNITS AT 880 WILLOUGHBY AND SUBSTANTIALLY COMPLETED THE DESIGN PROCESS AND CONTINUED DUE DILIGENCE, TO PREPARE FOR A FUTURE CAPITAL IMPROVEMENTS/LOAN CLOSING(S). CHV CONTINUED WITH ENVIRONMENTAL DUE DILIGENCE, SITE INVESTIGATION AND COMMUNITY ENGAGEMENT WORK FOR KINGSBOROUGH SENIORS, WHICH WAS AWARDED THROUGH THE NYCHA/HPD SENIORS RFP IN JUNE 2023. KINGSBOROUGH SENIORS, DESIGNED TO PASSIVE HOUSE STANDARDS, WILL PROVIDE 244 UNITS OF SUPPORTIVE AND AFFORDABLE SENIOR HOUSING, WITH ON-SITE CAMBA SUPPORTIVE SERVICES, AND OVER 3,500 SQUARE FEET OF CAMBA COMMUNITY FACILITY SPACE FOCUSED ON ECONOMIC EMPOWERMENT FOR THE COMMUNITY. IN THE PAST YEAR, CHV ALSO COMPLETED SCHEMATIC DESIGN, SELECTED A GENERAL CONTRACTOR AND CONTINUED WORKING WITH NYCHA ON LEGAL, ZONING AND FUTURE SITE DISPOSITION PROCESSES.Expenses $7,676,027 · revenue $21,150,322
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 55-0881162
- 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
- 2005
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L99)
- Assets (IRS master file)
- $50,448,229
- Income (IRS master file)
- $22,261,334
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $22,261,334 | $8,724,818 | $50,448,229 | IRS |
| 990 | June 2024 | $4,669,826 | $3,506,796 | $36,152,773 | IRS |
| 990 | June 2023 | $4,012,942 | $3,986,441 | $32,144,870 | XML |
| 990 | June 2022 | $5,695,790 | $2,860,728 | $28,617,986 | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 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 55-0881162).
Questions about CAMBA HOUSING VENTURES INC
- What is the EIN of CAMBA HOUSING VENTURES INC?
- The employer identification number (EIN) of CAMBA HOUSING VENTURES INC is 55-0881162.
- Is CAMBA HOUSING VENTURES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2005.
- Are donations to CAMBA HOUSING VENTURES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does CAMBA HOUSING VENTURES 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 CAMBA HOUSING VENTURES INC 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 CAMBA HOUSING VENTURES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of CAMBA HOUSING VENTURES INC?
- The 990 for the year ended June 30, 2025 names VALERIE BARTON-RICHARDSON.
- Who are the officers and directors of CAMBA HOUSING VENTURES INC?
- The 990 for the year ended June 30, 2025 lists 10 people; 0 received compensation from the organization.
- How much revenue does CAMBA HOUSING VENTURES INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $22,261,334, expenses of $8,724,818 and total assets of $50,448,229 at year end.
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