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Nonprofit · EIN 83-4597057

MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION

Tax-exempt · BROOKLYN, NY 11238

Financials

$620K$880K2023$569K$828K2024
Revenue Expenses · by fiscal year end
Financials of MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$568,651$828,394-$259,743$10,888,635$7,478,481$3,410,154
December 31, 2023990$620,025$879,543-$259,518$11,135,809$7,465,912$3,669,897
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Program service revenue
$563,463
Investment income
$779
Other revenue
$4,409

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$15,131
Accounting fees
$14,250
Occupancy
$107,809
Depreciation
$329,252
Program services (functional)
$775,609
Management and general (functional)
$52,785

Balance sheet and other

Total assets, start of year
$11,135,809
Total assets, end of year
$10,888,635
Total liabilities, end of year
$7,478,481
Net assets, end of year
$3,410,154
Land, buildings and equipment
$9,228,791
Net assets without donor restrictions
$3,410,154
Gross receipts
$568,651
Employees
0
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.

NameTitleHours / weekCompensation
DERRICK OWENSPRESIDENT
Trustee or director, Officer
1$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0
NATALIE BROWNSECRETARY
Trustee or director, Officer
1$0
990 for the year ended December 31, 2023: 3 people
NameTitleHours / weekCompensation
DOROTHY AMADISECRETARY
Trustee or director, Officer
1$0
JENNY PACHECOTREASURER
Trustee or director, Officer
1$0
NATALIE BROWNPRESIDENT
Trustee or director, Officer
1$0

Address and contacts

Address (IRS master file)
470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238-2208
In care of
% ISMENE SPELIOTIS
Principal officer (990 for 2024)
ISMENE SPELIOTIS, 470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY 11238
Signed the 990
ISMENE SPELIOTIS, EXECUTIVE DIRECTOR
Phone
(718) 246-8080
Return prepared by
COHNREZNICK ADVISORY LLC

Mission

DEVELOP, ON A NON-PROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME.

990 for the year ended December 31, 2024

Program accomplishments

  • TO PROVIDE AFFORDABLE HOUSING TO PERSONS OF LIMITED INCOME BY BUYING, LEASING, DEVELOPING, AND REHABILITATING PROPERTIES, AND OTHERWISE ENGAGING IN THE COLLECTIVE AND CORPORATE ACTIVITIES NECESSARY TO IMPLEMENT THESE ENDS.
    Expenses $775,609 · revenue $567,872

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
83-4597057
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
2020
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$10,888,635
Income (IRS master file)
$568,651

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$568,651$828,394$10,888,635IRS
990December 2023$620,025$879,543$11,135,809XML
990December 2022$571,777$822,305$11,413,697IRS
990December 2021–––IRS
990December 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 83-4597057).

Questions about MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION

What is the EIN of MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION?
The employer identification number (EIN) of MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION is 83-4597057.
Is MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2020.
Are donations to MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does MHANY DUMONT 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 MHANY DUMONT 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 MHANY DUMONT 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 MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION?
The 990 for the year ended December 31, 2024 names ISMENE SPELIOTIS.
Who are the officers and directors of MHANY DUMONT 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 MHANY DUMONT HOUSING DEVELOPMENT FUND CORPORATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $568,651, expenses of $828,394 and total assets of $10,888,635 at year end.

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