Skip to content
Nonprofiteer
← DOWLING HOUSING CORP

Form 990 for tax year 2024

Filed by DOWLING HOUSING CORP.

Totals

Total revenue
$96,023
Total expenses
$833,780
Contributions and grants received
$1,663
Grants paid
$0
Program service revenue
$93,760
Investment income
$0
Other revenue
$600
Total assets, end of year
$7,299,439
Total liabilities, end of year
$16,235,451
Net assets or fund balances, end of year
-$8,936,012
Program services expenses (Part IX)
$806,941
Management and general expenses
$26,839
Fundraising expenses
$0
Program service expenses (Part III)
$806,941

Program services were 96.8% 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.

  • 1f · All other contributions, gifts and grants

    $1,663

  • 2a · Program service revenue: PARTNERSHIP MANAGEMENT

    total $93,760 · related or exempt $93,760

  • 11a · Other revenue: OTHER INCOME

    total $600 · related or exempt $600

  • 11e · Other revenue, total

    $600

Functional expenses

Part IX, the statement of functional expenses.

  • 11g · Fees: other

    total $26,400 · management and general $26,400

  • 13 · Office expenses

    total $514 · program services $75 · management and general $439

  • 20 · Interest

    total $260,248 · program services $260,248

  • 24a · Other expenses: LOSS ON INVESTMENT IN D

    total $511,693 · program services $511,693

  • 24b · Other expenses: MISCELLANEOUS

    total $34,925 · program services $34,925

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $76,325 · end of year $16,719

  • 4 · Accounts receivable

    beginning of year $1,397,484 · end of year $1,491,244

  • 13 · Investments: program-related

    beginning of year $4,813,966 · end of year $4,813,966

  • 14 · Intangible assets

    beginning of year $61,222

  • 15 · Other assets

    beginning of year $1,128,574 · end of year $977,510

  • 17 · Accounts payable and accrued expenses

    beginning of year $1,040,718 · end of year $995,528

  • 23 · Secured mortgages and notes payable

    beginning of year $6,600,000 · end of year $6,693,122

  • 25 · Other liabilities

    beginning of year $4,993,082 · end of year $8,546,801

  • 27 · Net assets without donor restrictions

    beginning of year -$5,156,229 · end of year -$8,936,012

Mission and programs · 2024

Mission

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE AND SPONSOR THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING AND TO PROVIDE RELATED SERVICES FOR ELDERLY AND HANDICAPPED PERSONS. THE RELATED SERVICES SHALL INCLUDE: CASE MANAGEMENT SERVICES TO ASSIST WITH THE PHYSICAL ANDEMOTIONAL NEEDS OF THE FRAIL, AGED AND ELDERLY MEMBERS OF THE POPULATION, RECRUITMENT OF SERVICES FROM AREA PROVIDERS OF SOCIAL SERVICES, FAMILY HEALTH SERVICES AND GERONTOLOGY SERVICES. THE ORGANIZATION ALSO PROVIDES ASSISTED LIVING FOR SENIOR CITIZENS, RESIDENTIAL SERVICES INCLUDE DINING AND LAUNDRY FACILITIES UNDER A LEASE OF REAL PROPERTY.

Activities or mission (Part I)

THE ORGANIZATION'S PRIMARY PURPOSE IS TO PROMOTE AND SPONSOR THE DEVELOPMENT OF LOW AND MODERATE INCOME HOUSING AND RELATED SERVICES FOR ELDERLY AND HANDICAPPED PERSONS.

  • THE EXEMPT ORGANIZATION HOLDS A LONG TERM LEASE TO A RESIDENTIAL BUILDING THAT PROVIDES FOR SENIOR CITIZEN HOUSING INCLUDING A CENTRAL DINING AREA, INDOOR AND OUTDOOR COMMUNITY AREAS, AND LAUNDRY FACILITIES.

    Expenses $806,941 · Revenue $94,360

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

Listed in Part VII

  • Maryann Summa

    TREASURER

    Total calculated
    $0
    Hours/week
    10 + 9 related

  • Aileen Donovan

    PRESIDENT

    Total calculated
    $0
    Hours/week
    10 + 1 related

  • Lesley Block

    SECRETARY

    Total calculated
    $0
    Hours/week
    10 + 1 related

  • Matthew Janeczko

    EXECUTIVE DIRECTOR

    Total calculated
    $0
    Hours/week
    10 + 1 related

  • Mary Dunning

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    10 + 1 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.

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.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

  • DOWLING GARDENS ACQUISITION LLC

    REAL ESTATE · NY · income -$506,674 · assets -$4,620,946

    Directly controlled by DOWLING HOUSING CORP

Related partnerships

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

  • DOWLING GARDENS LP

    NY · 100% owned · share of income -$511,795 · share of assets $3,551,506 · general or managing partner

Provenance

Return type
form_990
Tax year
2024
Filed
30 October 2025
IRS schema version
2024v5.2
Source object
202533079349301108

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.