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Nonprofit · EIN 85-1232958

BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC

Tax-exempt · BRONX, NY 10453

Financials

$9.9M$9.9M2022$3.2M$3.2M2023$1.5M$1.5M2024
Revenue Expenses · by fiscal year end
Financials of BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,502,613$1,502,026$587$20,590$20,003$587
June 30, 2024990$3,226,736$3,226,736$0$1,228,224$1,228,224$0
June 30, 2023990$9,904,968$9,904,968$0$7,075,006$7,075,006$0
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,502,613
of which government grants
$1,501,613
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$1,502,026

Balance sheet and other

Total assets, start of year
$1,228,224
Total assets, end of year
$20,590
Total liabilities, end of year
$20,003
Net assets, end of year
$587
Net assets without donor restrictions
$587
Gross receipts
$1,502,613
Employees
0
Volunteers
2
Year formed
2020
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
EILEEN TORRESEXECUTIVE DIRECTOR
Officer
2.5$0$370,237$91,355
GORDON MILLERCFO
Officer
2.5$0$287,271$41,832
DOUGLAS TWEENDIRECTOR
Trustee or director
0.25$0$0$0
JANICE HARTDIRECTOR (OUTGOING)
Trustee or director
0.25$0$0$0
ROGER BEGELMANDIRECTOR
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
EILEEN TORRESEXECUTIVE DIRECTOR
Officer
0.3$0$325,819$85,417
GORDON MILLERCFO
Officer
0.3$0$247,308$27,665
DOUGLAS TWEENDIRECTOR
Trustee or director
0.25$0$0$0
JANICE HARTDIRECTOR
Trustee or director
0.25$0$0$0
ROGER BEGELMANDIRECTOR
Trustee or director
0.25$0$0$0
990 for the year ended June 30, 2023: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
EILEEN TORRESEXECUTIVE DIRECTOR
Officer
0.3$0$299,208$68,192
GORDON MILLERCFO
Officer
0.3$0$226,686$21,630
DOUGLAS TWEENDIRECTOR
Trustee or director
0.3$0$0$0
JANICE HARTDIRECTOR
Trustee or director
0.3$0$0$0
ROGER BEGELMANDIRECTOR
Trustee or director, Officer
0.3$0$0$0

Address and contacts

Address (IRS master file)
60 E TREMONT AVE, BRONX, NY 10453-5842
In care of
% BRONXWORKS INC
Mailing address (990-N for 2021)
60 EAST TREMONT AVENUE, BRONX NY 10453
Principal officer (990 for 2024)
EILEEN TORRES, 60 EAST TREMONT AVENUE, BRONX, NY 10453
Principal officer (990-N for 2021)
EILEEN TORRES, 60 EAST TREMONT AVENUE, BRONX NY 10453
Signed the 990
EILEEN TORRES, CHIEF EXECUTIVE OFFICER
Phone
(646) 768-4101
Return prepared by
CBIZ ADVISORS LLC

Mission

THE BRONX POINT HDFC SERVES AS THE NOMINEE OWNER FOR THE BRONX POINT PROJECT THAT WILL PROVIDE AFFORDABLE HOUSING, A MUSEUM TO CELEBRATE HIP HOP HISTORY AND CULTURE, PROVIDE RETAIL OPPORTUNITIES, AN EARLY CHILDHOOD CENTER, AND COMMUNITY SERVICES PROGRAMMING. BRONX POINT HAS 7 CONDOMINIUMS, OF WHICH 3 ARE RESIDENTIAL WITH 542 AFFORDABLE HOUSING UNITS.

990 for the year ended June 30, 2025

Program accomplishments

  • THE CREATION OF THE PUBLIC PARK AND ESPLANADE AT BRONX POINT.
    Expenses $1,502,026

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
85-1232958
Tax-exempt status
501(c)(4): Social welfare organization
Donations deductible
No
Exempt since
2021
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P20)
Assets (IRS master file)
$20,590
Income (IRS master file)
$1,502,613

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$1,502,613$1,502,026$20,590IRS
990June 2024$3,226,736$3,226,736$1,228,224IRS
990June 2023$9,904,968$9,904,968$7,075,006XML
990June 2022$784,408$175,724$615,305IRS
990-N for 2021
Officer: EILEEN TORRES
December 31, 2021≤ $50,000 receipts––e-Postcard
990December 2021–––IRS
990-N for 2020
Officer: EILEEN TORRES
December 31, 2020≤ $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 85-1232958).

Questions about BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC

What is the EIN of BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC?
The employer identification number (EIN) of BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC is 85-1232958.
Is BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2021.
Are donations to BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC tax-deductible?
No. The IRS master file says contributions to it are not deductible.
Which annual return does BRONX POINT HOUSING DEVELOPMENT FUND COMPANY 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 BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended June 30, 2025 names EILEEN TORRES.
Who are the officers and directors of BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does BRONX POINT HOUSING DEVELOPMENT FUND COMPANY INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,502,613, expenses of $1,502,026 and total assets of $20,590 at year end.

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