Nonprofit · EIN 88-1291629
SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION
Tax-exempt · BRIARWOOD, NY 11435
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $1,842,980 | $4,774,031 | -$2,931,051 | $53,611,264 | $54,207,631 | -$596,367 |
| December 31, 2023 | 990 | $2,496,887 | $4,142,327 | -$1,645,440 | $50,402,955 | $50,810,978 | -$408,023 |
| December 31, 2022 | 990 | $3,401,483 | $347,096 | $3,054,387 | $38,494,020 | $35,439,633 | $3,054,387 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $1,809,526
- Investment income
- $0
- Other revenue
- $33,454
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $120,357
- Salaries, compensation and benefits (total)
- $143,723
- Professional fundraising fees
- $0
- Legal fees
- $20,161
- Occupancy
- $673,228
- Depreciation
- $807,513
- Program services (functional)
- $3,893,601
- Management and general (functional)
- $880,430
Balance sheet and other
- Total assets, start of year
- $50,402,955
- Total assets, end of year
- $53,611,264
- Total liabilities, end of year
- $54,207,631
- Net assets, end of year
- -$596,367
- Land, buildings and equipment
- $25,900,089
- Gross receipts
- $1,842,980
- Employees
- 0
- Volunteers
- 0
- Year formed
- 2022
- 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 | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALICIA MCFARLENE | CHIEF PROGRAM & LEGAL OFFI Officer | 1 | $0 | $384,050 | $44,514 |
| JOHN IAMMATTEO | COO/CFO Officer | 1 | $0 | $102,212 | $44,466 |
990 for the year ended December 31, 2023: 2 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALICIA MCFARLENE | CHIEF PROGRAM & LEGAL OFFI Officer | 1 | $0 | $281,476 | $37,141 |
| JOHN IAMMATTEO | COO/CFO Officer | 1 | $0 | $81,750 | $42,083 |
990 for the year ended December 31, 2022: 2 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| ALICIA MCFARLENE | CHIEF PROGRAM & LEGAL OFFI Officer | 1 | $0 | $274,967 | $36,410 |
| JOHN IAMMATTEO | COO/CFO Officer | 1 | $0 | $235,529 | $74,578 |
Address and contacts
- Address (IRS master file)
- 138-02 QUEENS BLVD, BRIARWOOD, NY 11435-2665
- Principal officer (990 for 2024)
- JOHN IAMMATTEO, 138-02 QUEENS BLVD, BRIARWOOD, NY 11435
- Signed the 990
- JOHN IAMMATTEO, CHIEF FINANCIAL OFFICER
- Phone
- (718) 206-2000
- Return prepared by
- CBIZ ADVISORS LLC
Mission
TO SUPPORT SAMARITAN DAYTOP VILLAGE WHICH PROVIDES COMPREHENSIVE HEALTH AND HUMAN SERVICES THROUGH A NETWORK OF FACILITIES LOCATED THROUGHOUT NYC AND UPSTATE NY.
Program accomplishments
- THE PROJECT CONSISTS OF ONE HUNDRED TWENTY FIVE (125) RESIDENTIAL RENTAL APARTMENT UNITS SET ASIDE FOR LOW-INCOME HOUSEHOLDS. ONE HUNDRED PERCENT OF SUCH UNITS ARE AND WILL CONTINUE TO BE AVAILABLE EXCLUSIVELY TO INDIVIDUALS WITH INCOMES AT OR BELOW SIXTY PERCENT OF AREA MEDIAN INCOME ('AMI').Expenses $3,893,601 · revenue $1,842,980
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
- 88-1291629
- Tax-exempt status
- 501(c)(4): Social welfare organization
- Donations deductible
- No
- Exempt since
- 2022
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L20)
- Assets (IRS master file)
- $53,611,264
- Income (IRS master file)
- $1,842,980
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $1,842,980 | $4,774,031 | $53,611,264 | IRS |
| 990 | December 2023 | $2,496,887 | $4,142,327 | $50,402,955 | XML |
| 990 | December 2022 | $3,401,483 | $347,096 | $38,494,020 | XML |
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 88-1291629).
Questions about SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION
- What is the EIN of SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The employer identification number (EIN) of SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION is 88-1291629.
- Is SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(4) since 2022.
- Are donations to SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION tax-deductible?
- No. The IRS master file says contributions to it are not deductible.
- Which annual return does SDF EAST 243RD STREET 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 SDF EAST 243RD STREET 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 SDF EAST 243RD STREET 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 SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 names JOHN IAMMATTEO.
- Who are the officers and directors of SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION?
- The 990 for the year ended December 31, 2024 lists 2 people; 0 received compensation from the organization.
- How much revenue does SDF EAST 243RD STREET HOUSING DEVELOPMENT FUND CORPORATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $1,842,980, expenses of $4,774,031 and total assets of $53,611,264 at year end.
Other nonprofits in BRIARWOOD
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- SAMARITAN-EXTERIOR HOUSING DEVELOPMENT FUND COPRORATION EIN 47-5516069 · last filed 990-N for 2025
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