Nonprofit · EIN 81-4026863
URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BROOKLYN, NY 11232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,755,473 | $2,511,172 | -$755,699 | $11,099,591 | $28,200,724 | -$17,101,133 |
| December 31, 2023 | 990 | $1,809,656 | $2,588,616 | -$778,960 | $10,244,874 | $26,590,308 | -$16,345,434 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $40,725
- Program service revenue
- $1,630,508
- Investment income
- $63,243
- Other revenue
- $20,997
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $345,384
- Salaries, compensation and benefits (total)
- $538,769
- Professional fundraising fees
- $0
- Legal fees
- $17,940
- Accounting fees
- $33,700
- Occupancy
- $763,096
- Depreciation
- $449,994
- Program services (functional)
- $2,388,441
- Management and general (functional)
- $122,731
Balance sheet and other
- Total assets, start of year
- $10,244,874
- Total assets, end of year
- $11,099,591
- Total liabilities, end of year
- $28,200,724
- Net assets, end of year
- -$17,101,133
- Land, buildings and equipment
- $9,000,556
- Net assets without donor restrictions
- -$17,101,133
- Gross receipts
- $1,755,473
- Employees
- 9
- Volunteers
- 4
- Year formed
- 2016
- 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 |
|---|---|---|---|---|---|
| DAVON RUSSELL | PRESIDENT Trustee or director, Officer | 10 | $0 | $396,975 | $33,906 |
| GUSTAVO CAMPOS | VICE PRESIDENT/TREASURER Trustee or director, Officer | 10 | $0 | $169,111 | $889 |
| LINDA FIELD | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| SHARMI SOBHAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAVON RUSSELL | PRESIDENT Trustee or director, Officer | 10 | $0 | $330,798 | $29,721 |
| GUSTAVO CAMPOS | VICE PRESIDENT/TREASURER Trustee or director, Officer | 10 | $0 | $26,154 | $0 |
| ALEXANDRA DYER | VICE PRESIDENT/TREASURER THRU MAR 2023 Trustee or director, Officer | 10 | $0 | $0 | $0 |
| LINDA FIELD | SECRETARY Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| SEAN SIMMONS | SECRETARY THRU JUN 2023 Trustee or director, Officer | 0.25 | $0 | $0 | $0 |
| SHARMI SOBHAN | DIRECTOR Trustee or director | 0.25 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 168 39TH ST STE 306, BROOKLYN, NY 11232-2549
- In care of
- % GRENADIER REALTY CORP
- Principal officer (990 for 2024)
- DAVON RUSSELL, 50 EAST 168TH STREET, BRONX, NY 10452
- Signed the 990
- DAVON RUSSELL, PRESIDENT
- Phone
- (718) 839-1100
- Return prepared by
- PKF O'CONNOR DAVIES ADVISORY LLC
Mission
URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION WAS FORMED TO OWN A MULTI-SERVICE COMPLEX, WHICH INCLUDES 132 RESIDENTIAL UNITS FOR LOW-INCOME FAMILIES.
Program accomplishments
- OPERATION OF A 132 RESIDENTIAL UNITS FOR LOW AND MODERATE INCOME FAMILIES.Expenses $2,388,441 · revenue $1,630,508
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
- 81-4026863
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Exempt since
- 2018
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $11,099,591
- Income (IRS master file)
- $1,755,473
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,755,473 | $2,511,172 | $11,099,591 | IRS |
| 990 | December 2023 | $1,809,656 | $2,588,616 | $10,244,874 | XML |
| 990 | December 2022 | $1,698,939 | $2,479,328 | $10,125,249 | 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 81-4026863).
Questions about URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION is 81-4026863.
- Is URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2018.
- Which annual return does URBAN HORIZONS 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 URBAN HORIZONS 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 URBAN HORIZONS 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 URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names DAVON RUSSELL.
- Who are the officers and directors of URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 4 people; 0 received compensation from the organization.
- How much revenue does URBAN HORIZONS HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,755,473, expenses of $2,511,172 and total assets of $11,099,591 at year end.
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