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EIN 27-4688153

Preserving City Neighborhoods Housing Development Fund Corporation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
New York
State
New York
Year formed
2011
Most recent tax filings
2022-12-01
NTEE code, primary
L21: Public Housing Facilities
Description
Preserving City Neighborhoods Housing Development Fund Corporation is a nonprofit organization that aims to preserve and create affordable housing projects for individuals with low and moderate income. In addition to promoting affordable housing opportunities, the corporation also seeks to prevent and eliminate homelessness. Throughout the year, the organization maintains and disposes of properties in accordance with its mission.
Related structure
Preserving City Neighborhoods Housing Development Fund Corporation is a subordinate organization under Local Initiatives Support Corporation.
Total revenues
$1,770,862
2022
Total expenses
$1,043,648
2022
Total assets
$26,998,817
2022
Num. employees
0
2022

Program areas at Preserving City Neighborhoods Housing Development Fund Corporation

The corporation is organized exclusively for the purpose of Preserving and creating, on a nonprofit basis, Housing projects for persons of low and moderate income. During the year, the organization continued to maintain and dispose of the properties in accordance with federal, state and City regulations.

Personnel at Preserving City Neighborhoods Housing Development Fund Corporation

NameTitleCompensation
Salvatore D'AvolaExecutive Director / Assistant Secretary$0
Salvatore D' AvolaAssistant Secretary
Valerie WhiteTreasurer$0
Lydia TomSecretary / Treasurer$0
Brian SegelPresident$0
...and 5 more key personnel

Financials for Preserving City Neighborhoods Housing Development Fund Corporation

RevenuesFYE 12/2022
Total grants, contributions, etc.$501,162
Program services$924,828
Investment income and dividends$15,689
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$329,183
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$1,770,862

Form 990s for Preserving City Neighborhoods Housing Development Fund Corporation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-11990View PDF
2019-122021-02-22990View PDF
2018-122019-09-13990View PDF
...and 8 more Form 990s

Organizations like Preserving City Neighborhoods Housing Development Fund Corporation

OrganizationLocationRevenue
Camba Housing VenturesBrooklyn, NY$4,012,942
Porter Avenue Housing Development Fund CorporationNew York, NY$1,488,234
Casa Renacer Housing Development Fund CompanyNew York, NY$882,642
Gates Avenue HDFCNew York, NY$668,722
Century Villages at Cabrillo (CVC)Culver City, CA$8,590,532
Bowdoin Manor HousingBoston, MA$1,763,769
Satellite Senior Homes IVBerkeley, CA$595,040
Ahepa 501-iiAlbuquerque, NM$510,436
Affordable Housing Preservation Foundation Iii ChapterChicago, IL$1,513,292
Broadway Housing Development FundNew York, NY$848,119
Data update history
December 28, 2023
Posted financials
Added Form 990 for fiscal year 2022
December 28, 2023
Updated personnel
Identified 2 new personnel
December 24, 2023
Used new vendors
Identified 1 new vendor, including
July 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 servicesHousingHomelessness
Characteristics
LobbyingReceives government fundingTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
150 Broadway 2101
New York, NY 10038
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
New York County, NY
Website URL
neighborhoodrestore.org/ 
Phone
(212) 584-8981
IRS details
EIN
27-4688153
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
L21: Public Housing Facilities
NAICS code, primary
62422: Community Housing Services
Parent/child status
Subordinate organization
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