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1068 FRANKLIN AVENUE HOUSING DEVELOPMENT FUND CORPORATION

EIN 20-8317595 BRONX, NY

Revenue 2024
$907,077
Expenses 2024
$603,413

Program services were 99.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
04
NTEE code
L20
Classification
3000
Street
300 E 175TH ST

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).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • Raul Russi

    President

    Total calculated
    $998,428
    From this org
    $0
    From related orgs
    $896,597
    Other
    $101,831
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $693,183 related
    Bonus
    $0 + $203,414 related
    Other
    $0
    Deferred
    $0 + $50,625 related
    Nontaxable benefits
    $0 + $51,206 related
    Filer's total
    $0 + $998,428 related

  • Lymaris Albors

    chief executive officer

    Total calculated
    $892,753
    From this org
    $0
    From related orgs
    $836,685
    Other
    $56,068
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $645,441 related
    Bonus
    $0 + $191,244 related
    Other
    $0
    Deferred
    $0 + $39,177 related
    Nontaxable benefits
    $0 + $16,891 related
    Filer's total
    $0 + $892,753 related

  • Jose A Rodriguez

    chief legal officer/exec vp

    Total calculated
    $592,593
    From this org
    $0
    From related orgs
    $562,331
    Other
    $30,262
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $513,136 related
    Bonus
    $0 + $49,195 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $13,762 related
    Filer's total
    $0 + $592,593 related

  • Vicky Gatell

    chief financial officer

    Total calculated
    $488,994
    From this org
    $0
    From related orgs
    $442,213
    Other
    $46,781
    Hours/week
    0 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $403,779 related
    Bonus
    $0 + $38,434 related
    Other
    $0
    Deferred
    $0 + $16,500 related
    Nontaxable benefits
    $0 + $30,281 related
    Filer's total
    $0 + $488,994 related

  • Eliezer Rodriguez Esq

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Carmen S Melero

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • Marybeth Hotaling

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 10 related

  • ARNIE SEGARRA

    MEMBER

    Total calculated
    $0
    Hours/week
    1 + 10 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $907,077
    Expenses
    $603,413
    Contributions
    $0
    Grants paid
    $0
  • 2023
    Revenue
    $650,000
    Expenses
    $574,281
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $550,000
    Expenses
    $582,775
    Contributions
    $0
    Grants paid
    $0
  • 2022
    Revenue
    $550,000
    Expenses
    $582,775
    Contributions
    $0
    Grants paid
    $0

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.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

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 2024 return

The first 25 as filed. The return lists every one.

Declared as related by

The most recent declarers. The API serves every row.

Other IRS files

Auto-Revocation List

  • Exemption revoked 15 May 2010, reinstated 15 May 2010.

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.