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Nonprofit · EIN 83-1862926

BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · NEW YORK, NY 10018

Financials

$0$02023$0$02024$0$02025
Revenue Expenses · by fiscal year end
Financials of BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990-EZ$0$0$0$0$4,350-$4,350
December 31, 2024990-EZ$0$0$0$0$4,350-$4,350
December 31, 2023990-EZ$0$0$0$0$4,350-$4,350
Financial details: 990-EZ for the year ended December 31, 2025

Revenue

Expenses

Compensation of officers, directors and key employees
$0

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$0
Total liabilities, end of year
$4,350
Net assets, end of year
-$4,350
Gross receipts
$0

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-EZ for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
BRENDA E ROSENPRESIDENT & CEO0.1$0
KEVIN MORANCFO0.1$0
DAVID BEERVICE PRESIDENT0.1$0
JUDITH ROSENFELDSECRETARY0.1$0
BENJAMIN STACKSTREASURER0.1$0
NICHOLAS TSANGCHAIRMAN0.1$0
990-EZ for the year ended December 31, 2024: 6 people
NameTitleHours / weekCompensation
BRENDA E ROSENPRESIDENT & CEO0.1$0
KEVIN MORANCFO0.1$0
DAVID BEERVICE PRESIDENT0.1$0
JUDITH ROSENFELDSECRETARY0.1$0
BENJAMIN STACKSTREASURER0.1$0
NICHOLAS TSANGCHAIRMAN0.1$0
990-EZ for the year ended December 31, 2023: 6 people
NameTitleHours / weekCompensation
BRENDA E ROSENPRESIDENT & CEO0.1$0
KEVIN MORANCFO0.1$0
DAVID BEERVICE PRESIDENT0.1$0
JUDITH ROSENFELDSECRETARY0.1$0
BENJAMIN STACKSTREASURER0.1$0
NICHOLAS TSANGCHAIRMAN0.1$0

Address and contacts

Address (IRS master file)
505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY 10018-6550
Signed the 990-EZ
KEVIN MORAN, CFO
Phone
(212) 389-9300
Return prepared by
GRANT THORNTON ADVISORS LLC

Mission

BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS.

990-EZ for the year ended December 31, 2025

Program accomplishments

  • PROGRAM SERVICE ACCOMPLISHMENT 1 BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS THE BETANCES RESIDENCE. BETANCES RESIDENCE IS BREAKING GROUND'S FIRST PASSIVE HOUSE SUPPORTIVE RESIDENCE WITH A GOAL OF SIGNIFICANTLY REDUCING RELIANCE ON MUNICIPAL ENERGY SUPPLIES. DESIGNED FOR SENIORS WHO ARE EXITING HOMELESSNESS OR LIVING ON VERY LOW INCOMES, BETANCES HAS A NUMBER OF FEATURES THAT AIM TO HELP RESIDENTS REMAIN PHYSICALLY ENGAGED, INCLUDING ENTRANCES AND CORRIDORS THAT PROMOTE ACTIVE DESIGN PRINCIPLES, SPECIALLY DESIGNED OUTDOOR/GARDEN SPACES THAT WILL INCORPORATE TENANT GARDENING ACTIVITIES, AND ACCOMMODATIONS FOR RESIDENTS WHO HAVE MOBILITY CHALLENGES. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2025.

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. 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, 2026990-EZ on file
2024December 31, 2024May 15, 2025990-EZ on file
2023December 31, 2023May 15, 2024990-EZ on file

IRS record

EIN
83-1862926
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type II
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2020
Accounting year ends
December
Files
Form 990-N (e-Postcard)
Assets (IRS master file)
$1

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-EZDecember 2025$0$0$0XML
990-EZDecember 2024$0$0$0XML
990-EZDecember 2023$0$0$0XML
990-EZDecember 2022–––IRS
990-EZDecember 2021–––IRS
990-EZDecember 2020–––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 83-1862926).

Questions about BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION is 83-1862926.
Is BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990-EZ for the year ended December 2025.
Who are the officers and directors of BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION?
The 990-EZ for the year ended December 31, 2025 lists 6 people; 0 received compensation from the organization.
How much revenue does BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990-EZ for the year ended December 31, 2025 it reported revenue of $0, expenses of $0 and total assets of $0 at year end.

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