Program areas at Aafe Community Development Fund
Home ownership program - this program provides targeted technical assistance to enhance homeownership for low and moderate income asian-americans and other minority and immigrant residents of new york city. Services include: first time homebuyer training, mortgage referral and origination, homeownership retention, landlord counseling, and mortgage delinquency and default resolution.
Cdfi and loan program - the cdfi and loan program provides affordable financing to help first-time home buyers in new york city with their downpayments; thus lowering the loan-to-value ratio of their primary mortgage. This program also offers a range of affordable down payment, emergency repair and home rehabilitation loan products.
Who funds Aafe Community Development Fund
Grants from foundations and other nonprofits
Personnel at Aafe Community Development Fund
| Name | Title | Compensation | Date of data |
|---|
| Tim Jung | Chief Financial Officer | $0 | 2021-12-31 |
| Joy Suzanne Granado | Chief Accounting Officer | $0 | 2022-12-31 |
| Thomas Yu | Executive Director | $0 | 2023-11-06 |
| Jessie Lee | Past Managing Director | $0 | 2022-12-31 |
| Jennifer Sun | Past Executive Director and Secretary | $0 | 2022-12-31 |
| ...and 8 more key personnel |
Financials for Aafe Community Development Fund
| Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
|---|
| Total grants, contributions, etc. | $346,630 | $288,451 | 20.2% |
| Program services | $125,372 | $112,307 | 11.6% |
| Investment income and dividends | $3,484 | $3,552 | -1.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $138,347 | $137,164 | 0.9% |
| Net gain from sale of non-inventory assets | $0 | $0 | - |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $73,450 | $56,141 | 30.8% |
| Total revenues | $687,283 | $597,615 | 15% |
Organizations like Aafe Community Development Fund
| Organization | Type | Location | Revenue |
|---|
| Peace Grove | 501(c)(3) | Hayward, CA | $229,505 |
| Houston Apartment Foundation | 501(c)(3) | Houston, TX | $1,022,396 |
| St Clare Management | 501(c)(3) | Milwaukee, WI | $1,339,320 |
| Columba Kavanagh House | 501(c)(3) | New York, NY | $408,002 |
| Consortium for Housing and Asset Management | 501(c)(3) | Baltimore, MD | $564,485 |
| Rise Community Development | 501(c)(3) | Saint Louis, MO | $578,872 |
| Community Design Center | 501(c)(3) | San Francisco, CA | $244,988 |
| Phoenix Revitalization Corporation | 501(c)(3) | Phoenix, AZ | $636,876 |
| Maryland Inclusive Housing Corporation | 501(c)(3) | Silver Spring, MD | $227,799 |
| Progress of People's Management Corporation | 501(c)(3) | Brooklyn, NY | $2,815,063 |
Data update history
January 21, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 21, 2024
Updated personnel
Identified 1 new personnel
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
June 28, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Housing and shelter organizationsChapter / child organizationsCharities
Issues
Human servicesCommunity improvementHousing
Characteristics
Receives government fundingManagement and technical assistanceTax deductible donations
General information
- Address
- 2 Allen St 7th Floor
- New York, NY 10002
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- aafe.org/cdfÂ
- Phone
- (212) 964-2288
IRS details
- EIN
- 13-4103352
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2000
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- L02: Housing and Shelter Management and Technical Assistance
- NAICS code, primary
- 522120: Savings Institutions
- Parent/child status
- Subordinate organization
Free account sign-up
Want updates when Aafe Community Development Fund has new information, or want to find more organizations like Aafe Community Development Fund?
Create free Cause IQ account