Nonprofit · EIN 83-1154621
RESIDE AFFORDABLE INC
Tax-exempt · BROOKLYN, NY 11211
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $354,242 | $174,070 | $180,172 | $549,525 | $387,557 | $161,968 |
| December 31, 2023 | 990 | $283,815 | $214,912 | $68,903 | $284,941 | $303,145 | -$18,204 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $354,242
- Investment income
- $0
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $31,850
- Salaries, compensation and benefits (total)
- $34,287
- Professional fundraising fees
- $0
- Accounting fees
- $3,500
- Occupancy
- $127,920
- Depreciation
- $833
- Management and general (functional)
- $174,070
Balance sheet and other
- Total assets, start of year
- $284,941
- Total assets, end of year
- $549,525
- Total liabilities, end of year
- $387,557
- Net assets, end of year
- $161,968
- Net assets without donor restrictions
- $161,968
- Gross receipts
- $354,242
- Employees
- 1
- Volunteers
- 3
- Year formed
- 2019
- 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 |
|---|---|---|---|
| MARTIN JOSEPH | OFFICER Trustee or director, Officer | 2 | $0 |
| HAROLD FREUND | DIRECTOR Trustee or director | 2 | $0 |
| SHULEM ROSENBERG | DIRECTOR Trustee or director | 2 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MARTIN JOSEPH | OFFICER Trustee or director, Officer | 2 | $0 |
| HAROLD FREUND | DIRECTOR Trustee or director | 2 | $0 |
| SHULEM ROSENBERG | DIRECTOR Trustee or director | 2 | $0 |
Address and contacts
- Address (IRS master file)
- 349 KEAP STREET, BROOKLYN, NY 11211-6640
- Mailing address (990-N for 2021)
- 349 KEEP STREET, BROOKLYN NY 11211
- Principal officer (990 for 2024)
- MARTIN JOSEPH, 349 KEAP STREET, BROOKLYN, NY 11211
- Principal officer (990-N for 2021)
- MARTIN ROSENBERG, 349 KEEP STREET, BROOKLYN NY 11211
- Signed the 990
- MARTIN JOSEPH, OFFICER
- Phone
- (718) 387-4448
- Return prepared by
- ROTH & COMPANY LLP
Mission
RESIDE AFFORDABLE SERVES AS NEW YORK CITY'S PRIMARY NONPROFIT INTERMEDIARY FOR THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING, ASSISTING IN THE DEVELOPMENT AND PROMOTION OF AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP THROUGH AN ARRAY OF SPECIALIZED PROGRAMS AND SERVICES. RESIDE AFFORDABLE DIRECTS THESE EFFORTS TOWARD SUPPORTING THE LOW INCOME PUBLIC WITH AFFORDABLE HOUSING, BY MARKETING LOW INCOME UNITS.
Program accomplishments
- RESIDE AFFORDABLE SERVES AS NEW YORK CITY'S PRIMARY NONPROFIT INTERMEDIARY FOR THE DEVELOPMENT AND PRESERVATION OF AFFORDABLE HOUSING, ASSISTING IN THE DEVELOPMENT AND PROMOTION OF AFFORDABLE RENTAL HOUSING AND HOMEOWNERSHIP THROUGH AN ARRAY OF SPECIALIZED PROGRAMS AND SERVICES. RESIDE AFFORDABLE DIRECTS THESE EFFORTS TOWARD SUPPORTING THE LOW INCOME PUBLIC WITH AFFORDABLE HOUSING, BY MARKETING LOW INCOME UNITS.revenue $354,242
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
- 83-1154621
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L30)
- Assets (IRS master file)
- $549,525
- Income (IRS master file)
- $354,242
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $354,242 | $174,070 | $549,525 | IRS |
| 990 | December 2023 | $283,815 | $214,912 | $284,941 | XML |
| 990 | December 2022 | $228,350 | $224,910 | $163,793 | IRS |
| 990-N for 2021 Officer: MARTIN ROSENBERG | December 31, 2021 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2020 Officer: Martin Rosenberg | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: MARTIN JOSEPH | December 31, 2019 | ≤ $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 83-1154621).
Questions about RESIDE AFFORDABLE INC
- What is the EIN of RESIDE AFFORDABLE INC?
- The employer identification number (EIN) of RESIDE AFFORDABLE INC is 83-1154621.
- Is RESIDE AFFORDABLE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to RESIDE AFFORDABLE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RESIDE AFFORDABLE 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 RESIDE AFFORDABLE 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 RESIDE AFFORDABLE 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 RESIDE AFFORDABLE INC?
- The 990 for the year ended December 31, 2024 names MARTIN JOSEPH.
- Who are the officers and directors of RESIDE AFFORDABLE INC?
- The 990 for the year ended December 31, 2024 lists 3 people; 0 received compensation from the organization.
- How much revenue does RESIDE AFFORDABLE INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $354,242, expenses of $174,070 and total assets of $549,525 at year end.
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