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Nonprofiteer
← CONCOURSE HOUSE HOUSING DEVELOPMENT FUND COMPANY INC

Form 990 for tax year 2024

Filed by CONCOURSE HOUSE HOUSING DEVELOPMENT FUND COMPANY INC.

Totals

Total revenue
$6,595,197
Total expenses
$6,384,271
Contributions and grants received
$6,264,990
Grants paid
$0
Program service revenue
$2,901
Investment income
$6,492
Other revenue
$320,814
Total assets, end of year
$4,530,749
Total liabilities, end of year
$2,709,877
Net assets or fund balances, end of year
$1,820,872
Program services expenses (Part IX)
$5,919,099
Management and general expenses
$465,172
Fundraising expenses
$0
Program service expenses (Part III)
$5,919,099

Program services were 92.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1e · Government grants (contributions)

    $6,264,990

  • 2a · Program service revenue: PROGRAM SERVICE FEES

    total $2,901 · related or exempt $2,901

  • 3 · Investment income

    total $6,492 · excluded $6,492

  • 4 · Income from investment of tax-exempt bond proceeds

    total $0

  • 5 · Royalties

    total $0

  • 6a · Gross rents

    real property $99,101 · personal property $0

  • 6c · Rental income or loss

    real property $99,101 · personal property $0

  • 6d · Net rental income or loss

    total $99,101 · excluded $99,101

  • 7d · Net gain or loss

    total $0

  • 8a · Fundraising events: gross income

    $0

  • 8b · Fundraising events: direct expenses

    $0

  • 8c · Net income from fundraising events

    total $0

  • 9a · Gaming: gross income

    $0

  • 9b · Gaming: direct expenses

    $0

  • 9c · Net income from gaming

    total $0

  • 10a · Gross sales of inventory

    $0

  • 10b · Cost of goods sold

    $0

  • 10c · Net income from sales of inventory

    total $0

  • 11a · Other revenue: MISCELLANEOUSE INCOME

    total $153,922 · related or exempt $153,922

  • 11b · Other revenue: FUNDRAISING REVENUE

    total $67,791 · related or exempt $67,791

  • 11e · Other revenue, total

    $221,713

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $0

  • 2 · Grants to domestic individuals

    total $0

  • 3 · Grants to foreign organizations and individuals

    total $0

  • 4 · Benefits paid to or for members

    total $0

  • 5 · Compensation of officers, directors and key employees

    total $249,673 · program services $243,728 · management and general $5,945

  • 6 · Compensation of disqualified persons

    total $0

  • 7 · Other salaries and wages

    total $3,122,996 · program services $3,043,378 · management and general $79,618

  • 8 · Pension plan contributions

    total $62,220 · program services $62,220

  • 9 · Other employee benefits

    total $516,870 · program services $516,870

  • 10 · Payroll taxes

    total $252,090 · program services $252,090

  • 11a · Fees: management

    total $200,500 · program services $200,500

  • 11b · Fees: legal

    total $0

  • 11c · Fees: accounting

    total $213,825 · program services $207,455 · management and general $6,370

  • 11d · Fees: lobbying

    total $0

  • 11e · Fees: professional fundraising services

    total $0

  • 11f · Fees: investment management

    total $0

  • 11g · Fees: other

    total $52,705 · program services $52,705

  • 12 · Advertising and promotion

    total $0

  • 13 · Office expenses

    total $134,221 · program services $88,892 · management and general $45,329

  • 14 · Information technology

    total $0

  • 15 · Royalties

    total $0

  • 16 · Occupancy

    total $490,903 · program services $484,306 · management and general $6,597

  • 17 · Travel

    total $129 · program services $49 · management and general $80

  • 18 · Travel or entertainment for public officials

    total $0

  • 19 · Conferences, conventions and meetings

    total $0

  • 20 · Interest

    total $0

  • 21 · Payments to affiliates

    total $0

  • 22 · Depreciation, depletion and amortization

    total $122,847 · management and general $122,847

  • 23 · Insurance

    total $95,003 · program services $95,001 · management and general $2

  • 24a · Other expenses: REPAIRS AND MAINTENANCE

    total $232,527 · program services $196,645 · management and general $35,882

  • 24b · Other expenses: FOOD

    total $156,426 · program services $148,918 · management and general $7,508

  • 24c · Other expenses: SECURITY CONTRACT SERVICES

    total $66,400 · program services $66,400

  • 24d · Other expenses: INSTRUCTIONAL EQUIPMENT

    total $56,162 · program services $13,045 · management and general $43,117

  • 24e · All other expenses

    total $358,774 · program services $246,897 · management and general $111,877

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $7,517 · end of year $112,003

  • 2 · Savings and temporary cash investments

    beginning of year $2,549,731 · end of year $2,560,864

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $0

  • 4 · Accounts receivable

    beginning of year $280,225 · end of year $41,675

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 7 · Other notes and loans receivable

    beginning of year $0 · end of year $0

  • 8 · Inventories for sale or use

    beginning of year $0 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $79,115 · end of year $66,502

  • 10a · Land, buildings and equipment: cost or other basis

    $9,808,145

  • 10b · Land, buildings and equipment: accumulated depreciation

    $8,103,024

  • 10c · Land, buildings and equipment, net

    beginning of year $1,827,968 · end of year $1,705,121

  • 11 · Investments: publicly traded securities

    beginning of year $0 · end of year $0

  • 12 · Investments: other securities

    beginning of year $0 · end of year $0

  • 13 · Investments: program-related

    beginning of year $0 · end of year $0

  • 14 · Intangible assets

    beginning of year $0 · end of year $0

  • 15 · Other assets

    beginning of year $45,250 · end of year $44,584

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,061,428 · end of year $757,807

  • 18 · Grants payable

    beginning of year $0 · end of year $0

  • 19 · Deferred revenue

    beginning of year $0 · end of year $0

  • 20 · Tax-exempt bond liabilities

    beginning of year $0 · end of year $0

  • 21 · Escrow or custodial account liability

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 23 · Secured mortgages and notes payable

    beginning of year $0 · end of year $0

  • 24 · Unsecured notes and loans payable

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $2,118,432 · end of year $1,952,070

  • 27 · Net assets without donor restrictions

    beginning of year $1,609,946 · end of year $1,820,872

  • 28 · Net assets with donor restrictions

    beginning of year $0 · end of year $0

Mission and programs · 2024

Mission

SEE SCHEDULE O

  • CONCOURSE HOUSE HDFC HAS BEEN ORGANIZED TO DEVELOP, MANAGE, OPERATE AND MAINTAIN A HOUSING PROJECT FOR HOMELESS WOMEN AND THEIR CHILDREN UNDER nine YEARS OF AGE and PROVIDE SPACE FOR COMMUNITY ACTIVITIES AND COUNSELING.

    Expenses $2,309,338

  • CONCOURSE HOUSE HDFC HAS BEEN ORGANIZED TO DEVELOP, OPERATE, MANAGE AND MAINTAIN A DAY CARE CENTER.

    Expenses $2,427,457 · Revenue $2,901

  • CONCOURSE HOUSE HDFC HAS BEEN ORGANIZED TO DEVELOP A PROGRAM TO PROVIDE RENTAL ASSISTANCE TO ELIGIBLE HOUSEHOLD

    Expenses $802,473 · Revenue $99,101

  • PROVIDE BALANCED MEALS TO ELIGIBLE CHILDREN

    Expenses $190,956 · Revenue $221,713

  • PROVIDE public assistance for employment

    Expenses $188,875

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Manuela Schaudt

    Executive Director

    Total calculated
    $259,499
    From this org
    $235,354
    From related orgs
    $0
    Other
    $24,145
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,994
    Bonus
    $21,360
    Other
    $0
    Deferred
    $8,280
    Nontaxable benefits
    $15,865
    Filer's total
    $259,499

  • Wendy Gelabert

    Education Director

    Total calculated
    $169,893
    From this org
    $157,535
    From related orgs
    $0
    Other
    $12,358
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $144,000
    Bonus
    $13,535
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $12,358
    Filer's total
    $169,893

  • Juanita Fernandez

    Director of Family Services

    Total calculated
    $134,791
    From this org
    $118,414
    From related orgs
    $0
    Other
    $16,377
    Hours/week
    40

  • William Daley

    Secretary

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Cheryl Harper

    treasurer

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Ivan Bohorquez

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Luis Lugo

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Eileen Hogan

    president

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Jose Norat

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Maribel Montilla

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • S Lemuria Alawode-El

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

  • Heng Ly

    Executive VP

    Total calculated
    $0
    Hours/week
    0.25 + 40 related

  • Luis Ortega

    Director

    Total calculated
    $0
    Hours/week
    0.25 + 0.5 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, 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. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related partnerships

Part III: related organizations taxable as a partnership, with the filer's share.

  • JACOBS PLACE LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • SERVIAM GARDENS ASSOCIATES LP

    LOW INCOME HS · NY

    Directly controlled by na

  • SERVIAM TOWERS LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • WEST SIDE BRONX LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • DECATUR PARK LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • CRESTON HEIGHTS LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • TIEBOUT GREEN LLC

    LOW INCOME HS · NY

    Directly controlled by na

  • MT SHARON LLC

    LOW INCOME HS · NY

    Directly controlled by NA

  • SERVIAM HEIGHTS LLC

    LOW INCOME HS · NY

    Directly controlled by NA

  • BRONXVIEW LLC

    LOW INCOME HS · NY

    Directly controlled by NA

  • Park Gates LLC

    Low Income HS · NY

    Directly controlled by NA

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • DECATUR PARK MM CORP

    C Corp · LOW INCOME HS · NY

  • JACOBS PLACE GP CORP

    C Corp · LOW INCOME HS · NY

  • SERVIAM TOWERS MM CORP

    C Corp · LOW INCOME HS · NY

  • WEST SIDE BRONX MM CORP

    C Corp · LOW INCOME HS · NY

  • 2323 WALTON AVENUE HDFC

    C Corp · LOW INCOME HS · NY

  • 182ND STREET HDFC

    C CORP · LOW INCOME HS · NY

  • WASHINGTON PARK HDFC

    C CORP · LOW INCOME HS · NY

  • TREMONT ECHO HDFC

    C CORP · LOW INCOME HS · NY

  • 2172 ANTHONY AVENUE HDFC

    C CORP · LOW INCOME HS · NY

  • 4673 HDFC

    C CORP · LOW INCOME HS · NY

  • METRO PARK HDFC

    C CORP · LOW INCOME HS · NY

  • UPTOWN BRONX HDFC

    C CORP · LOW INCOME HS · NY

  • JACOBS PLACE HDFC

    C CORP · LOW INCOME HS · NY

  • CRESTON HEIGHTS MM CORP

    C CORP · LOW INCOME HS · NY

  • TIEBOUT GREEN MM CORP

    C CORP · LOW INCOME HS · NY

  • MT SHARON MM CORP

    C CORP · LOW INCOME HS · NY

  • TWO WALTONS HDFC

    C CORP · LOW INCOME HS · NY

  • WEBSTER RYER HDFC

    C CORP · LOW INCOME HS · NY

  • PARK & 196TH STREET HDFC

    C CORP · LOW INCOME HS · NY

  • BURNSIDE HDFC

    C CORP · LOW INCOME HS · NY

  • SERVIAM HEIGTHTS MM Corp

    C CORP · LOW INCOME HS · NY

  • WALTON HEIGHTS HDFC

    C CORP · LOW INCOME HS · NY

  • BRONXVIEW MM CORP

    C CORP · LOW INCOME HS · NY

  • Park Gates MM Corp

    c corp · low income hs · NY

  • Park Gates HDFC

    C Corp · Low Income HS · NY

  • Mosholu Concourse HDFC

    C Corp · low income hs · NY

Provenance

Return type
form_990
Tax year
2024
Filed
15 May 2026
IRS schema version
2024v5.2
Source object
202601359349314610

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