East Brooklyn Housing Development C is located in Brooklyn, NY. The organization was established in 2008. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, East Brooklyn Housing Development C employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. East Brooklyn Housing Development C is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, East Brooklyn Housing Development C generated $2.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (46.5%) each year. All expenses for the organization totaled $337.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
TO PROVIDE LOW INCOME HOUSING IN EAST BROOKLYN.
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sherry Roberts Secr./treas. | 1 | $0 | |
Greg Root Vice President | 0.25 | $0 | |
Kevin Walters President | 1 | $0 | |
Arlana Davis Director | 0.25 | $0 | |
Ken Farrel Director | 0.25 | $0 | |
Kevin Necceci Director | 0.25 | $0 |
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,000 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $2,000 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $19,041 |
| Occupancy, rent, utilities, and maintenance | $819 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $317,340 |
| Total expenses | $337,200 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $218,408 |
| Other assets | $0 |
| Total assets | $310,231 |
| Total liabilities | $72,937 |
| Net assets or fund balances | $237,294 |