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Nonprofit · EIN 82-3212305

FLATBUSH COMMUNITY FUND INC

Tax-exempt · CEDARHURST, NY 11516

Financials

$3.6M$4M2023$4.6M$3.8M2024
Revenue Expenses · by fiscal year end
Financials of FLATBUSH COMMUNITY FUND INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$4,573,619$3,790,207$783,412$5,468,558$4,004,764$1,463,794
December 31, 2023990$3,559,858$4,023,825-$463,967$922,014$244,382$677,632
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$4,594,780
Program service revenue
$0
Investment income
$17
Net income from fundraising events
-$32,750
Net income from sales of inventory
-$39,737
Other revenue
-$21,178

Expenses

Grants and similar amounts paid
$2,453,002
Compensation of officers, directors and key employees
$172,885
Other salaries and wages
$399,562
Salaries, compensation and benefits (total)
$616,440
Professional fundraising fees
$0
Occupancy
$42,727
Depreciation
$29,958
Program services (functional)
$3,049,255
Management and general (functional)
$354,053
Fundraising (functional)
$386,899

Balance sheet and other

Total assets, start of year
$922,014
Total assets, end of year
$5,468,558
Total liabilities, end of year
$4,004,764
Net assets, end of year
$1,463,794
Land, buildings and equipment
$4,461,095
Net assets without donor restrictions
$1,463,794
Gross receipts
$4,656,376
Employees
6
Volunteers
13
Year formed
2017
State of legal domicile
DE

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
YITZCHOK WEINBERGExecutive Dir.
Officer
40$172,885
JONATHAN M SCHWARTZDIRECTOR OF OPERAT40$150,000
MICHELLE TAYLORDIRECTOR OF ADMINI40$100,000
SIMON SINGERDirector
Trustee or director
0.5$0
ABRAHAM LEITNERDirector
Trustee or director
0.5$0
JAY EISENSTADTDirector
Trustee or director
0.5$0
BENJAMIN BERGERDirector
Trustee or director
0.5$0
USHI FRIEDDirector
Trustee or director
0.5$0
YUMI GROSSDirector
Trustee or director
0.5$0
ABRAHAM HIRSCHDirector
Trustee or director
0.5$0
MENDY JOSEFOVICDirector
Trustee or director
0.5$0
YOSSI TAUBDirector
Trustee or director
0.5$0
JEFFREY ZWICKDirector
Trustee or director
0.5$0
YOSEF SEGALDirector
Trustee or director
0.5$0
STEVEN HERSKODirector
Trustee or director
0.5$0
1 more people on this return
NameTitleHours / weekCompensation
YOEL ZAGELBAUMDirector
Trustee or director
0.5$0
990 for the year ended December 31, 2023: 15 people
NameTitleHours / weekCompensation
JONATHAN M SCHWARTZDIRECTOR OF OPERATIONS40$224,960
YITZCHOK WEINBERGExecutive Dir.
Officer
40$150,000
SIMON SINGERDirector
Trustee or director
0.5$0
ABRAHAM LEITNERDirector
Trustee or director
0.5$0
JAY EISENSTADTDirector
Trustee or director
0.5$0
BENJAMIN BERGERDirector
Trustee or director
0.5$0
USHI FRIEDDirector
Trustee or director
0.5$0
YUMI GROSSDirector
Trustee or director
0.5$0
ABRAHAM HIRSCHDirector
Trustee or director
0.5$0
MENDY JOSEFOVICDirector
Trustee or director
0.5$0
YOSSI TAUBDirector
Trustee or director
0.5$0
JEFFREY ZWICKDirector
Trustee or director
0.5$0
YOSEF SEGALDirector
Trustee or director
0.5$0
STEVEN HERSKODirector
Trustee or director
0.5$0
YOEL ZAGELBAUMDirector
Trustee or director
0.5$0

Address and contacts

Address (IRS master file)
CO BERNATH ROSENBERG PC 126, CEDARHURST, NY 11516-0000
In care of
% BERNATH AND ROSENBERG PC
Principal officer (990 for 2024)
SIMON SINGER, 126 SPRUCE ST, CEDARHURST, NY 11516
Signed the 990
SIMON SINGER, Director
Phone
(212) 221-1140
Website
FCFUND.ORG
Return prepared by
Bernath & Rosenberg PC

Mission

THE FLATBUSH COMMUNITY FUND WAS FORMED TO MARSHAL COMMUNAL RESOURCES TO IDENTIFY AND ADDRESS THE DIVERSE SOCIAL AND FINANCIAL NEEDS OF THE ENTIRE FLATBUSH COMMUNITY AND PROMOTE CHARITABLE GIVING AND SERVICES FOR THE COMMUNITY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FLATBUSH COMMUNITY FUND WILL EVALUATE AND IDENTIFY LOCAL NEEDS SUCH AS EDUCATION, HEALTH CARE, FINANCIAL NEEDS, AND SOCIAL SERVICES AND DETERMINE THE MOST EFFECTIVE METHOD TO DELIVER SERVICES TO THE COMMUNITY THROUGH OUR ORGANIZATION OR PARTNERSHIPS WITH OTHER LOCAL CHARITIES.
    Expenses $3,049,255 · grants $2,453,002

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
82-3212305
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
2018
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$5,468,558
Income (IRS master file)
$4,656,376

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$4,573,619$3,790,207$5,468,558IRS
990December 2023$3,559,858$4,023,825$922,014XML
990December 2022$3,925,889$3,326,120$1,613,675IRS
990December 2021–––IRS
990December 2020–––IRS
990December 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 82-3212305).

Questions about FLATBUSH COMMUNITY FUND INC

What is the EIN of FLATBUSH COMMUNITY FUND INC?
The employer identification number (EIN) of FLATBUSH COMMUNITY FUND INC is 82-3212305.
Is FLATBUSH COMMUNITY FUND INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2018.
Are donations to FLATBUSH COMMUNITY FUND INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FLATBUSH COMMUNITY FUND 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 FLATBUSH COMMUNITY FUND INC 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 FLATBUSH COMMUNITY FUND INC 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 FLATBUSH COMMUNITY FUND INC?
The 990 for the year ended December 31, 2024 names SIMON SINGER.
Who are the officers and directors of FLATBUSH COMMUNITY FUND INC?
The 990 for the year ended December 31, 2024 lists 16 people; 3 received compensation from the organization, the highest $172,885 (YITZCHOK WEINBERG, Executive Dir.).
How much revenue does FLATBUSH COMMUNITY FUND INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $4,573,619, expenses of $3,790,207 and total assets of $5,468,558 at year end.

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