Nonprofit · EIN 81-1004692
FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11217
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,653,250 | $1,756,369 | -$103,119 | $14,133,509 | $15,756,050 | -$1,622,541 |
| December 31, 2023 | 990 | $1,417,932 | $1,662,334 | -$244,402 | $14,212,706 | $15,732,128 | -$1,519,422 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $240,000
- Program service revenue
- $1,348,803
- Investment income
- $722
- Net rental income
- $59,428
- Other revenue
- $63,725
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Legal fees
- $27,106
- Accounting fees
- $4,132
- Occupancy
- $853,484
- Depreciation
- $371,399
- Program services (functional)
- $1,675,996
- Management and general (functional)
- $80,373
Balance sheet and other
- Total assets, start of year
- $14,212,706
- Total assets, end of year
- $14,133,509
- Total liabilities, end of year
- $15,756,050
- Net assets, end of year
- -$1,622,541
- Land, buildings and equipment
- $12,551,884
- Net assets without donor restrictions
- -$1,622,541
- Gross unrelated business income
- $59,428
- Gross receipts
- $1,653,250
- Employees
- 0
- Volunteers
- 1
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE DE LA UZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $278,652 | $13,130 |
| WILLIAM YATES | TREASURER Trustee or director, Officer | 0.5 | $0 | $187,850 | $31,341 |
| JESSICA YAGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 4 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHELLE DE LA UZ | SECRETARY Trustee or director, Officer | 0.5 | $0 | $244,820 | $10,726 |
| WILLIAM YATES | TREASURER Trustee or director | 0.5 | $0 | $161,061 | $41,171 |
| JAY MARCUS | OUTGOING TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JESSICA YAGER | PRESIDENT Trustee or director, Officer | 1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 621 DEGRAW ST, BROOKLYN, NY 11217-4596
- In care of
- % FIFTH AVENUE COMMITTEE INC
- Mailing address (990-N for 2015)
- 621 DEGRAW STREET, NEW YORK NY 11217
- Principal officer (990 for 2024)
- MICHELLE DE LA UZ, 621 DEGRAW ST, BROOKLYN, NY 11217
- Principal officer (990-N for 2015)
- MICHELLE DE LA UZ, 621 DEGRAW STREET, NEW YORK NY 11217
- Signed the 990
- ANDREW HORROW, DIRECTOR OF FINANCE
- Phone
- (718) 237-2017
- Website
- WWW.FIFTHAVE.ORG
- Return prepared by
- COHNREZNICK ADVISORY LLC
Mission
THE MISSION OF THE ORGANIZATION IS TO DEVELOP, MAINTAIN AND PROVIDE DECENT AND AFFORDABLE HOUSING FOR QUALIFIED LOW-INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.
Program accomplishments
- MAINTAIN AND OPERATE AN AFFORDABLE HOUSING PROJECT CONSISTING OF APARTMENT UNITS FOR PERSONS AND FAMILIES OF LOW INCOME.Expenses $1,675,996 · revenue $1,353,100
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
- 81-1004692
- 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
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $14,133,509
- Income (IRS master file)
- $1,653,250
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,653,250 | $1,756,369 | $14,133,509 | XML |
| 990 | December 2023 | $1,417,932 | $1,662,334 | $14,212,706 | XML |
| 990 | December 2022 | $1,328,049 | $1,672,935 | $14,469,482 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | IRS |
| 990-N for 2015 Officer: MICHELLE DE LA UZ | December 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 81-1004692).
Questions about FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION is 81-1004692.
- Is FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2016.
- Are donations to FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does FAC RENAISSANCE 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 FAC RENAISSANCE 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 FAC RENAISSANCE 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 FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names MICHELLE DE LA UZ.
- Who are the officers and directors of FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,653,250, expenses of $1,756,369 and total assets of $14,133,509 at year end.
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