Form 990 for tax year 2023
Filed by ICL MYRTLE AVENUE HOUSING DEVELOPMENT FUND CORPORATION.
Totals
- Total revenue
- $475,258
- Total expenses
- $258,951
- Contributions and grants received
- $475,258
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $8,369,616
- Total liabilities, end of year
- $6,762,948
- Net assets or fund balances, end of year
- $1,606,668
- Program services expenses (Part IX)
- $258,951
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $258,951
Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Listed in Part VII
-
Jody Rudin
Chair person
- Total calculated
- $501,063
- From this org
- $0
- From related orgs
- $465,955
- Other
- $35,108
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $465,955 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $12,767 related
- Nontaxable benefits
- not reported + $22,341 related
- Filer's total
- not reported + $501,063 related
-
Nikant Ohri
Treasurer
- Total calculated
- $401,959
- From this org
- $0
- From related orgs
- $380,704
- Other
- $21,255
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $380,704 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $10,560 related
- Nontaxable benefits
- not reported + $10,695 related
- Filer's total
- not reported + $401,959 related
-
Twiggy Rodriguez
Secretary
- Total calculated
- $325,319
- From this org
- $0
- From related orgs
- $295,839
- Other
- $29,480
- Hours/week
- 0.5 + 40 related
Schedule J breakdown matched by us
- Base
- not reported + $295,839 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $4,844 related
- Nontaxable benefits
- not reported + $24,636 related
- Filer's total
- not reported + $325,319 related
-
Rondel Boodram
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5 + 40 related
-
Troy Boyle
Secretary
- Total calculated
- $0
- Hours/week
- 0.5 + 40 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 · 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
- 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.
-
INSTITUTE FOR COMMUNITY LIVING INC
501(C)(3) · SOCIAL SERVICE · NY
Directly controlled by NA
-
GUIDANCE CENTER OF BROOKLYN INC
501(C)(3) · CLINICAL SERVICE · NY
Directly controlled by ICL
-
501(C)(3) · RESIDENT service · NY
Directly controlled by ICL
-
PENNSYLVANIA INSTITUE FOR COMMUNITY
501(C)(3) · RESIDENT service · NY
Directly controlled by ICL
-
ICL REAL PROPERTY HOLDING CORPORATION
501(C)(2) · RESIDENT service · NY
Directly controlled by ICL
-
501(C)(4) · Affordable housing · NY
Directly controlled by ICL
-
501(C)(4) · Affordable housing · NY
Directly controlled by ICL
-
501(C)(4) · Affordable housing · NY
Directly controlled by ICL
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.
-
REAL ESTATE · NY
Directly controlled by NA
-
ICL MYRTLE AVENUE APARTMENTS LP
REAL ESTATE · NY
Directly controlled by NA
-
1510 SOUTHERN Blvd RESIDENCE LP
REAL ESTATE · NY
Directly controlled by NA
-
ICL NEVINS STREET APARTMENTS LP
REAL ESTATE · NY
Directly controlled by NA
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
C CORP · REAL ESTATE · NY
Directly controlled by LIVONIA HDFC
-
PHOENIX RECYCLING AND MAINTENANCE
C CORP · WASTE MANAGEMENT · NY
Directly controlled by ICL
-
ICL MYRTLE AVENUE APARTMENTS GP INC
C CORP · REAL ESTATE · NY · 100% owned
Directly controlled by ICL MYRTLE HDFC
-
1510 SOUTHERN BOULEVARD GP INC
C CORP · REAL ESTATE · NY
Directly controlled by ICL SB HDFC
-
ICL NEVINS STREET APARTMENTS GP INC
C CORP · REAL ESTATE · NY
Directly controlled by ICL NEVINS HDFC
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 9 May 2025
- IRS schema version
- 2023v6.0
- Source object
- 202511299349303906
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