Skip to content
Nonprofiteer
← SCHERMERHORN HOUSING DEVELOPMENT FUND CORPORATION

Form 990-EZ for tax year 2023

Filed by SCHERMERHORN HOUSING DEVELOPMENT FUND CORPORATION.

Totals

Total revenue
$0
Total expenses
$0
Contributions and grants received
not reported
Grants paid
not reported
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
not reported
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
not reported
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$90,144
Total liabilities, end of year
$2,555,934
Net assets or fund balances, end of year
-$2,465,790
Program service expenses (Part III)
$0

Mission and programs · 2023

Primary exempt purpose

SCHERMERHORN HOUSING DEVELOPMENT FUND'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY LOCATED IN THE COUNTY OF KINGS IN THE CITY AND STATE OF NEW YORK FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS.

  • PROGRAM SERVICE ACCOMPLISHMENT 1SCHERMERHORN HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS THE SCHERMERHORN. THE ELEVEN-STORY BUILDING OFFERS 116 UNITS FOR FORMERLY HOMELESS INDIVIDUALS WITH SPECIAL NEEDS AND, INCLUDING INDIVIDUALS LIVING WITH HIV/AIDS. THE REMAINING UNITS ARE FOR LOW-INCOME COMMUNITY RESIDENTS, THE MAJORITY OF WHOM ARE ACTIVELY PURSUING CAREERS IN THE PERFORMING ARTS AND ENTERTAINMENT INDUSTRIES, SUCH AS LOCAL ACTORS, DANCERS, SINGERS AND FILMMAKERS. THE ACTORS FUND, WHICH CO-SPONSORED THE BUILDING, PROVIDES SOCIAL SERVICES AND EMERGENCY FINANCIAL ASSISTANCE, HEALTH CARE, HOUSING, AND EMPLOYMENT AND TRAINING SERVICES TO PEOPLE WHO WORK IN PERFORMING ARTS AND ENTERTAINMENT. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2023.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • Brenda Rosen

    PRESIDENT & CEO

    Total calculated
    $0
    Hours/week
    0.1

  • Kevin Moran

    CFO

    Total calculated
    $0
    Hours/week
    0.1

  • Nicholas Tsang

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.1

  • Benjamin Stacks

    TREASURER

    Total calculated
    $0
    Hours/week
    0.1

  • Michael Franco

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    0.1

  • Andy D'Amico

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Peter Ezersky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Kirk Goodrich

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Michael Lascher

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Mark Levy

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • Kara McShane

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

  • David Picket

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
16 September 2024
IRS schema version
2023v5.1
Source object
202402609349200720

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.