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MHANY 2004 HOUSING DEVELOPMENT FUND CORP
BROOKLYN, NY · EIN 830385829 · Form 990 · FY2024 · NTEE L21 · Housing & Shelter · Medium ($1M-$10M)
revenue
$1.8M
expenses
$2.5M
net assets
$-3.4M
employees
0
volunteers
3
program ratio
95%
mission · from form 990

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

profile · synthesized from sources

MHANY 2004 HOUSING DEVELOPMENT FUND CORP is a nonprofit organization based in New York that develops affordable housing projects for low-income individuals. The organization focuses on creating accessible housing through nonprofit development initiatives. Its work is aligned with long-term community stability and economic accessibility in housing.

named programs · 1 · from sources

What they call their work

Low-Income Housing Development
Develops and manages affordable housing projects for low-income residents in Brooklyn, NY, on a nonprofit basis
activities · 1 group

What they do

financials · form 990 · fy2024
revenue
Total revenue$1.80M
Contributions & grants$00%
Program service revenue$1.76M98%
Investment income$7150%
Other revenue$38K
expenses
Total expenses$2.49M
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$12.20M
Cash$4K
Investments$0
Liabilities$15.64M
Net assets$-3.44M
Liquid reserves0.0 mo
4 years on record · 2020–2024 · YoY revenue +7.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 3
  • DERRICK OWENS — SECRETARY
  • JENNY PACHECO — TREASURER
  • NATALIE BROWN — PRESIDENT
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.