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Nonprofiteer
← CHV CHV 210-214 HEGEMAN AVENUE HOUSING DEVELOPMENT FUND CORPORATI

Form 990-EZ for tax year 2023

Filed by CHV CHV 210-214 HEGEMAN AVENUE HOUSING DEVELOPMENT FUND CORPORATI.

Totals

Total revenue
not reported
Total expenses
not reported
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
$0
Net assets or fund balances, end of year
$0
Program service expenses (Part III)
not reported

Mission and programs · 2023

Primary exempt purpose

THE HDFC IS A DEVELOPER OF A RENTAL HOUSING PROJECT FOR LOW-INCOME PERSONS WITH SPECIAL NEEDS, LOCATED AT 210-214 HEGEMAN AVENUE, BROOKLYN, NEW YORK. THE HDFC WILL BE INVOLVED IN ACTIVITIES RELATED TO DEVELOPING, LEASING, CONSTRUCTION, FINANCING AND OPERATING THE PROJECT.

  • THE PROJECT CURRENTLY CONSISTS OF A VACANT CITY-OWNED LOT (7,600 SQUARE FEET TOTAL) IN THE BROWNSVILLE COMMUNITY OF BROOKLYN, NEW YORK. THE SPONSOR, IN PARTNERSHIP WITH NYC DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT, WILL TRANSFORM THE UNDERUTILIZED, VACANT LOTS INTO APPROXIMATELY SEVENTY-ONE (71) UNITS OF MUCH NEEDED SUSTAINABLE, AFFORDABLE AND SUPPORTIVE RENTAL HOUSING FOR NEW YORKERS AND PROVIDE APPROXIMATELY $21,000,000 OF INVESTMENT INTO THE BROWNSVILLE COMMUNITY. IN ADDITION, THE PROJECT WILL ALSO CONTAIN ONE (I) RESIDENT ON-SITE MANAGER'S UNIT. THE DEVELOPMENT WILL PROVIDE AFFORDABLE HOUSING FOR LOCAL COMMUNITY MEMBERS, AS WELL AS THOSE EXITING A NEW YORK CITY DEPARTMENT OF HOMELESS SERVICES SHELTER WITH A SPECIAL NEED. ON-SITE SOCIAL SERVICES WILL BE AVAILABLE TO ALL TENANTS.

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

Listed in Part IV

  • Charles Morris

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1

  • Richard Lobel

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Joanne Oplustil

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • Beverly Morris

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Sharon Browne

    ASSISTANT SECRETARY

    Total calculated
    $0
    Hours/week
    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
9 November 2024
IRS schema version
2023v5.1
Source object
202403149349200820

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