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HSVS PROPERTY FOUNDATION LTD

EIN 82-2726570 BROOKLYN, NY

Browse the largest nonprofits in New York

Revenue 2023
$331,896
Expenses 2023
$574,639

Program services were 100.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
02
NTEE code
P11
Classification
1000
Street
330 JAY STREET 29TH FLOOR

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2023

Mission

TO HOLD TITLE TO PROPERTY TO ST. VINCENT'S SERVICES, INC. D/B/A HEARTSHARE ST. VINCENT'S SERVICES ("HSVS"), IN ITS EFFORTS TO PROVIDE AND CARE FOR YOUNG BOYS AND GIRLS, ADOLESCENTS, YOUNG ADULTS, ADULTS, AND FAMILIES THROUGH THE ESTABLISHMENT, OPERATION AND MAINTENANCE OF VARIOUS TYPES OF PROGRAMS, FACILITIES, HOMES AND RESIDENCES WHICH PROVIDE FOR THE PHYSICAL, MENTAL, SPIRITUAL, INTELLECTUAL AND EMOTIONAL WELFARE AND WELL-BEING OF SAID YOUNG BOYS AND GIRLS, ADOLESCENTS, YOUNG ADULTS, ADULTS AND FAMILIES. ENTIRE AMOUNT OF NET RENTAL INCOME, IF ANY, IS TO BE TURNED OVER TO HSVS, AN ORGANIZATION WITH A TAX EXEMPT STATUS.

Activities or mission (Part I)

TO HOLD TITLE TO BUILDINGS & LAND LOCATED IN NYC, FOR THE PURPOSE OF LEASING AND RENTING IN FURTHERANCE OF ST. VINCENT'S SERVICES' INC. MISSION, A CATHOLIC SOCIAL SERVICES AGENCY.

  • TO HOLD TITLE TO BUILDINGS & LAND LOCATED IN NYC, FOR THE PURPOSE OF LEASING AND RENTING IN FURTHERANCE OF ST. VINCENT'S SERVICES' INC. MISSION, A CATHOLIC SOCIAL SERVICES AGENCY.

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

Officers and directors · 2023

As listed in Part VII of the 2023 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • William R Guarinelloformer

    TREAS/fmr. Pres&CEO/Advisor,HS

    Total calculated
    $893,485
    From this org
    $0
    From related orgs
    $893,485
    Other
    $0
    Hours/week
    0 + 7.7 related

    Schedule J breakdown matched by us

    Base
    $0 + $92,308 related
    Bonus
    $0 + $325,000 related
    Other
    $0 + $476,177 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $0 + $893,485 related
  • Dawn W Valentine-Saffayeh

    Secretary/Pres.&CEO, HS

    Total calculated
    $500,016
    From this org
    $0
    From related orgs
    $461,923
    Other
    $38,093
    Hours/week
    0.25 + 34.75 related

    Schedule J breakdown matched by us

    Base
    $0 + $376,923 related
    Bonus
    $0 + $85,000 related
    Other
    $0
    Deferred
    $0 + $3,408 related
    Nontaxable benefits
    $0 + $34,685 related
    Filer's total
    $0 + $500,016 related
  • Justin Nardilla

    Treasurer/CFO, HS

    Total calculated
    $417,436
    From this org
    $0
    From related orgs
    $409,052
    Other
    $8,384
    Hours/week
    0.5 + 34.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $359,052 related
    Bonus
    $0 + $50,000 related
    Other
    $0
    Deferred
    $0 + $8,179 related
    Nontaxable benefits
    $0 + $205 related
    Filer's total
    $0 + $417,436 related
  • Kenneth P Nolan Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Paul J Torre

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.5 + 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. 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. Earlier years are each on their own filing page.

Filings

  • 2023
    Revenue
    $331,896
    Expenses
    $574,639
    Contributions
    $0
    Grants paid
    $242,043
  • 2022
    Revenue
    $469,815
    Expenses
    $602,198
    Contributions
    $0
    Grants paid
    $234,407

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

  • 2021 · 990

    Revenue
    $239,023
    Expenses
    $577,124
    Assets (EOY)
    $6,029,565
  • 2021 · 990

    Revenue
    $0
    Expenses
    $97,490
    Assets (EOY)
    $6,281,114

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Form 990-N e-Postcard, tax year 2020

Tax period
1 January 2020 to 31 December 2020
Principal officer
Carol Ann Verdi
Mailing address
66 Boerum PlaceBrooklyn NY 11201

As filed, from the IRS e-Postcard file of 2 November 2026. The IRS publishes only each organization's most recent postcard, so earlier years are not shown. A 990-N carries no financial detail. The postcard also gives the principal officer's address, which is not shown here.

Grants made

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2023 return

Declared as related by

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Related corporations and trusts on its 2023 return

  • HEARTSHARE PRODUCTIONS LTD

    C CORP · FILM PRODUCTION · NY · 0% owned · share of income $0 · share of assets $0

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Not present in the most recent drop.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.

What this page reflects

The registration facts above come from the IRS Business Master File published 13 October 2026 and read 1 November 2026, for every organization at once. Returns through tax year 2023, the newest we have parsed for this organization.