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← BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION

Form 990 for tax year 2024

Filed by BREAKING GROUND IV HOUSING DEVELOPMENT FUND CORPORATION.

Totals

Total revenue
$6,263,705
Total expenses
$6,436,177
Contributions and grants received
$0
Grants paid
$0
Program services expenses (Part IX)
$4,997,355
Management and general expenses
$1,438,822
Fundraising expenses
$0
Program service expenses (Part III)
$4,997,355

Program services were 77.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • BRENDA E ROSEN

    PRESIDENT & CEO

    Total calculated
    $656,013
    From this org
    $0
    From related orgs
    $641,542
    Other
    $14,471
    Hours/week
    0.44 + 34.56 related

    Schedule J breakdown matched by us

    Base
    $0 + $641,542 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $671 related
    Filer's total
    $0 + $656,013 related

  • DAVID BEER

    SECRETARY

    Total calculated
    $384,032
    From this org
    $0
    From related orgs
    $333,921
    Other
    $50,111
    Hours/week
    0.63 + 34.37 related

    Schedule J breakdown matched by us

    Base
    $0 + $333,921 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,680 related
    Nontaxable benefits
    $0 + $36,431 related
    Filer's total
    $0 + $384,032 related

  • BENJAMIN STACKS

    CHAIRMAN & TREASURER

    Total calculated
    $0
    Hours/week
    0.01 + 0.36 related

  • NICHOLAS TSANG

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.01 + 0.4 related

  • JUDITH ROSENFELD

    DIRECTOR

    Total calculated
    $161,031
    From this org
    $0
    From related orgs
    $142,608
    Other
    $18,423
    Hours/week
    0.66 + 34.34 related

    Schedule J breakdown matched by us

    Base
    $0 + $142,608 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $5,914 related
    Nontaxable benefits
    $0 + $12,509 related
    Filer's total
    $0 + $161,031 related

  • KEVIN MORAN

    CFO

    Total calculated
    $415,906
    From this org
    $0
    From related orgs
    $365,675
    Other
    $50,231
    Hours/week
    0.44 + 34.56 related

    Schedule J breakdown matched by us

    Base
    $0 + $365,675 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $13,800 related
    Nontaxable benefits
    $0 + $36,431 related
    Filer's total
    $0 + $415,906 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 — 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

None.

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
  • 5b · Pay contingent on a related 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.

Provenance

Return type
form_990
Tax year
2024
Filed
7 November 2025
IRS schema version
2024v5.2
Source object
202533119349302513

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