Form 990-EZ for tax year 2025
Filed by BG BETANCES 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
- $0
- Total liabilities, end of year
- $4,350
- Net assets or fund balances, end of year
- -$4,350
- Program service expenses (Part III)
- $0
Mission and programs · 2025
Primary exempt purpose
BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS.
-
PROGRAM SERVICE ACCOMPLISHMENT 1 BG BETANCES HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS THE BETANCES RESIDENCE. BETANCES RESIDENCE IS BREAKING GROUND'S FIRST PASSIVE HOUSE SUPPORTIVE RESIDENCE WITH A GOAL OF SIGNIFICANTLY REDUCING RELIANCE ON MUNICIPAL ENERGY SUPPLIES. DESIGNED FOR SENIORS WHO ARE EXITING HOMELESSNESS OR LIVING ON VERY LOW INCOMES, BETANCES HAS A NUMBER OF FEATURES THAT AIM TO HELP RESIDENTS REMAIN PHYSICALLY ENGAGED, INCLUDING ENTRANCES AND CORRIDORS THAT PROMOTE ACTIVE DESIGN PRINCIPLES, SPECIALLY DESIGNED OUTDOOR/GARDEN SPACES THAT WILL INCORPORATE TENANT GARDENING ACTIVITIES, AND ACCOMMODATIONS FOR RESIDENTS WHO HAVE MOBILITY CHALLENGES. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2025.
As filed on the 2025 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part IV
-
Brenda E RosenBRENDA E ROSEN
PRESIDENT & CEO
- Total calculated
- $0
- Hours/week
- 0.1
-
Kevin MoranKEVIN MORAN
CFO
- Total calculated
- $0
- Hours/week
- 0.1
-
David BeerDAVID BEER
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.1
-
Judith RosenfeldJUDITH ROSENFELD
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
Benjamin StacksBENJAMIN STACKS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
Nicholas TsangNICHOLAS TSANG
CHAIRMAN
- 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
- 2025
- Filed
- 16 September 2026
- IRS schema version
- 2025v4.2
- Source object
- 202642599349201409
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