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Breaking Ground Housing Development Fund Corporation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Housing, Shelter / Housing Support Services -- Other (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$29.8M (2022)

Expenses
$19.9M (2022)

Total Assets
$209M (2022)

Total Liabilities
$66.1M (2022)

Source: Form 990 tax filings from 2010 to 2022

Tax Filings and Audits by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Audits are required to be submitted by nonprofit organizations that spend $750,000 or more in federal grant money in a fiscal year. "Single audits" look at the entire organization's finances and compliance, while other audits are program specific. Nonprofit Explorer has PDFs of audits for some nonprofits for fiscal year 2015 and later. Audit data is from the Federal Audit Clearinghouse.

Fiscal Year Ending Dec.
2023

No Extracted Financial Data

Form 990 documents are not available for this tax period, but audit documents are available for download.

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,782,334
Expenses
$19,907,645
Net Income
$9,874,689
Net Assets
$142,908,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,836,507
53.2%
Program Services $12,515,597
42.0%
Investment Income $950,751
3.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $475,806
1.6%
Net Fundraising -$261,163
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $264,836
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,163,008
25.9%
Assets/Debt
Total Assets $208,983,140
Total Liabilities $66,074,970
Net Assets $142,908,170
Compensation
Key Employees and Officers Compensation Related Other
Brenda Rosen (President & Ceo) $0 $587,598 $12,774
Michael Franco (Chairman) $0 $0 $0
David Picket (Director) $0 $0 $0
Philip E Silverman (Director) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Director) $0 $0 $0
Richard Roberts (Director) $0 $0 $0
Nicholas Tsang (Secretary) $0 $0 $0
David Walsh (Director) $0 $0 $0
Kara Mcshane (Director) $0 $0 $0
Michael Lascher (Director) $0 $0 $0
Annie Tirschwell (Director) $0 $0 $0
Peter Ezersky (Director) $0 $0 $0
Kirk Goodrich (Director) $0 $0 $0
Michael Werner (Director) $0 $0 $0
Andy D'amico (Director (As Of 7/8/2022)) $0 $0 $0
Mark Levy (Director (As Of 11/3/2022)) $0 $0 $0
Kevin Moran (Cfo) $0 $338,301 $43,787

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,961,669
Expenses
$15,677,578
Net Income
$10,284,091
Net Assets
$133,033,481
Notable Sources of Revenue Percent of Total Revenue
Contributions $11,748,141
45.3%
Program Services $12,543,924
48.3%
Investment Income $979,083
3.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $623,063
2.4%
Net Fundraising -$242,881
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $310,339
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,306,737
21.1%
Assets/Debt
Total Assets $193,138,085
Total Liabilities $60,104,604
Net Assets $133,033,481
Compensation
Key Employees and Officers Compensation Related Other
Brenda Rosen (President & Ceo) $0 $601,378 $12,164
Michael Franco (Chairman) $0 $0 $0
David Picket (Director) $0 $0 $0
Philip E Silverman (Director) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Director) $0 $0 $0
Richard Roberts (Director) $0 $0 $0
Nicholas Tsang (Secretary) $0 $0 $0
David Walsh (Director) $0 $0 $0
Kara Mcshane (Director) $0 $0 $0
Michael Lascher (Director) $0 $0 $0
Annie Tirschwell (Director) $0 $0 $0
Peter Ezersky (Director (As Of 02/2021)) $0 $0 $0
Kirk Goodrich (Director (As Of 03/2021)) $0 $0 $0
Michael Werner (Director (As Of 05/2021)) $0 $0 $0
Kevin Moran (Cfo) $0 $322,172 $39,354

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,201,657
Expenses
$15,793,334
Net Income
$9,408,323
Net Assets
$122,749,390
Notable Sources of Revenue Percent of Total Revenue
Contributions $10,216,530
40.5%
Program Services $12,502,277
49.6%
Investment Income $1,469,414
5.8%
Bond Proceeds $0
Royalties $0
Rental Property Income $736,870
2.9%
Net Fundraising -$61,846
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $338,412
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,561,922
22.6%
Assets/Debt
Total Assets $184,238,725
Total Liabilities $61,489,335
Net Assets $122,749,390
Compensation
Key Employees and Officers Compensation Related Other
Brenda Rosen (President & Ceo) $0 $573,519 $15,888
Anthony Hannigan (Board Member (Thru 12/2020)) $0 $0 $0
Michael Franco (Chairman) $0 $0 $0
David Picket (Director) $0 $0 $0
Philip E Silverman (Director) $0 $0 $0
David Neil (Director (Thru 12/2020)) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Director) $0 $0 $0
Richard Roberts (Director) $0 $0 $0
Nicholas Tsang (Secretary) $0 $0 $0
David Walsh (Director) $0 $0 $0
Kara Mcshane (Director) $0 $0 $0
Michael Lascher (Director) $0 $0 $0
Annie Tirschwell (Director) $0 $0 $0
Kevin Moran (Cfo) $0 $316,797 $40,398

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$21,105,622
Expenses
$16,075,522
Net Income
$5,030,100
Net Assets
$113,341,067
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,835,923
32.4%
Program Services $12,259,495
58.1%
Investment Income $916,038
4.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $768,250
3.6%
Net Fundraising -$218,573
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $544,489
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $3,890,326
24.2%
Assets/Debt
Total Assets $172,180,125
Total Liabilities $58,839,058
Net Assets $113,341,067
Compensation
Key Employees and Officers Compensation Related Other
Brenda Rosen (President & Ceo) $0 $470,067 $13,028
Kevin Moran (Cfo) $0 $312,953 $35,087
Anthony Hannigan (Board Member) $0 $0 $0
Michael Franco (Chairman) $0 $0 $0
David Picket (Director) $0 $0 $0
Philip E Silverman (Director) $0 $0 $0
David Neil (Director) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Director) $0 $0 $0
Richard Roberts (Director) $0 $0 $0
Nicholas Tsang (Secretary) $0 $0 $0
Ian Shrank (Secretary (Thru 05/2019)) $0 $0 $0
David Walsh (Director) $0 $0 $0
Kara Mc Shane (Director) $0 $0 $0
Michael Lascher (Director (As Of 06/2019)) $0 $0 $0
Annie Tirschwell (Director (As Of 05/2019)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$30,159,358
Expenses
$16,986,693
Net Income
$13,172,665
Net Assets
$108,310,967
Notable Sources of Revenue Percent of Total Revenue
Contributions $16,043,804
53.2%
Program Services $12,258,818
40.6%
Investment Income $695,705
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,112,221
3.7%
Net Fundraising -$258,652
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $307,462
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $4,018,818
23.7%
Assets/Debt
Total Assets $177,958,175
Total Liabilities $69,647,208
Net Assets $108,310,967
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Board Member) $0 $0 $0
Brenda Rosen (President & Ceo) $0 $381,192 $14,205
Robert Sideli (Secretary (Thru 03/2018)) $0 $0 $0
Michael Franco (Chairman) $0 $0 $0
David Picket (Director) $0 $0 $0
Philip E Silverman (Director) $0 $0 $0
Ricardo A Anzaldua (Director (Thru 03/2018)) $0 $0 $0
David Neil (Director) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Director) $0 $0 $0
Richard Roberts (Director) $0 $0 $0
Nicholas Tsang (Director) $0 $0 $0
Ian Shrank (Secretary (As Of 03/2018)) $0 $0 $0
David Walsh (Director) $0 $0 $0
Kara Mc Shane (Director (As Of 06/2018)) $0 $0 $0
Kevin Moran (Cfo) $0 $286,218 $33,477

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,782,805
Expenses
$20,453,011
Net Income
$4,329,794
Net Assets
$95,138,178
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,336,966
61.9%
Program Services $7,543,811
30.4%
Investment Income $585,820
2.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,281,667
5.2%
Net Fundraising -$272,709
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $307,250
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,988,218
29.3%
Assets/Debt
Total Assets $208,438,543
Total Liabilities $113,300,365
Net Assets $95,138,178
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Board Member) $0 $0 $0
Brenda Rosen (President & Ceo) $0 $347,409 $13,837
Robert Sideli (Secretary) $0 $0 $0
Michael Franco (Chairman) $0 $0 $0
David Picket (Board Member) $0 $0 $0
Philip E Silverman (Board Member) $0 $0 $0
Ricardo A Anzaldua (Board Member) $0 $0 $0
David Neil (Board Member) $0 $0 $0
Ben Stacks (Treasurer) $0 $0 $0
Michael Ryan (Board Member) $0 $0 $0
Richard Roberts (Board Member) $0 $0 $0
La Verna Fountain (Board Member (Thru 9/2017)) $0 $0 $0
Nicholas Tsang (Board Member) $0 $0 $0
Ian Shrank (Board Member) $0 $0 $0
David Walsh (Board Member) $0 $0 $0
Kevin Moran (Cfo) $0 $263,602 $12,324

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$28,960,531
Expenses
$25,189,546
Net Income
$3,770,985
Net Assets
$90,956,233
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,206,183
66.3%
Program Services $7,655,637
26.4%
Investment Income $537,358
1.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,296,802
4.5%
Net Fundraising -$110,126
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $374,677
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $8,368,878
33.2%
Assets/Debt
Total Assets $197,605,539
Total Liabilities $106,649,306
Net Assets $90,956,233
Other
Reported conflict of interest transactions
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Board Member) $0 $0 $0
Brenda Rosen (President & Ceo) $0 $294,622 $20,776
Christopher Frissora (Treasurer (Thru 3/2016)) $0 $0 $0
Robert Sideli (Secretary) $0 $0 $0
Michael Franco (Chairman) $0 $0 $0
David Picket (Board Member) $0 $0 $0
Philip E Silverman (Board Member) $0 $0 $0
Ricardo A Anzaldua (Board Member) $0 $0 $0
David Neil (Board Member) $0 $0 $0
Ben Stacks (Board Mbr/Treas (As Of 3/2016)) $0 $0 $0
Michael Ryan (Board Member) $0 $0 $0
Richard Roberts (Board Member) $0 $0 $0
La Verna Fountain (Board Member) $0 $0 $0
Nicholas Tsang (Board Member (As Of 6/2016)) $0 $0 $0
Ian Shrank (Board Member (As Of 12/2016)) $0 $0 $0
David Walsh (Board Member (As Of 12/2016)) $0 $0 $0
Kevin Moran (Cfo) $0 $251,915 $12,820

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,276,510
Expenses
$21,020,010
Net Income
$3,256,500
Net Assets
$87,173,248
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,056,140
62.0%
Program Services $7,806,667
32.2%
Investment Income $529,562
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,287,246
5.3%
Net Fundraising -$159,255
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$243,850
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,760,184
27.4%
Assets/Debt
Total Assets $189,569,187
Total Liabilities $102,395,939
Net Assets $87,173,248

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,939,511
Expenses
$22,596,206
Net Income
$2,343,305
Net Assets
$83,734,157
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,998,035
60.1%
Program Services $7,881,983
31.6%
Investment Income $529,913
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,087,196
4.4%
Net Fundraising -$132,232
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $574,616
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $6,238,471
27.6%
Assets/Debt
Total Assets $171,180,725
Total Liabilities $87,446,568
Net Assets $83,734,157

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$25,390,570
Expenses
$21,970,233
Net Income
$3,420,337
Net Assets
$81,390,852
Notable Sources of Revenue Percent of Total Revenue
Contributions $15,175,858
59.8%
Program Services $9,011,720
35.5%
Investment Income $534,121
2.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$105,650
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $774,521
3.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $159,877,710
Total Liabilities $78,486,858
Net Assets $81,390,852
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Board Member) $0 $0 $0
Brenda Rosen (Executive Director/Board Member) $0 $257,034 $14,139
Bruce Angiolillo (Secretary) $0 $0 $0
Christopher Frissora (Board Member) $0 $0 $0
Ellen Taus (Treasurer) $0 $0 $0
James Rubin (President/Chairman) $0 $0 $0
Jide Zeitlin (Board Member) $0 $0 $0
Michael Franco (Board Member) $0 $0 $0
Naomi Wolfensohn (Board Member) $0 $0 $0
Peter Ezersky (Board Member) $0 $0 $0
Robert Sideli (Board Member) $0 $0 $0
John A Mckegney (Cfo) $0 $247,849 $16,288

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$24,753,329
Expenses
$20,817,464
Net Income
$3,935,865
Net Assets
$77,970,515
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,528,922
58.7%
Program Services $108,500
0.4%
Investment Income $534,471
2.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $9,066,237
36.6%
Net Fundraising -$20,880
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $536,079
2.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $151,961,518
Total Liabilities $73,991,003
Net Assets $77,970,515

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$23,812,787
Expenses
$21,411,602
Net Income
$2,401,185
Net Assets
$74,034,650
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,174,750
59.5%
Program Services $8,799,321
37.0%
Investment Income $702,641
3.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising -$90,593
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $226,668
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,920,712
27.7%
Assets/Debt
Total Assets $141,259,282
Total Liabilities $67,224,632
Net Assets $74,034,650

Document Links

Fiscal Year Ending Dec.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$29,689,881
Expenses
$22,411,568
Net Income
$7,278,313
Net Assets
$71,633,465
Notable Sources of Revenue Percent of Total Revenue
Contributions $18,023,688
60.7%
Program Services $2,783,319
9.4%
Investment Income $669,523
2.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $6,917,349
23.3%
Net Fundraising -$134,316
Sales of Assets $1,100,000
3.7%
Net Inventory Sales $0
Other Revenue $330,318
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $5,821,342
26.0%
Assets/Debt
Total Assets $112,140,809
Total Liabilities $40,507,344
Net Assets $71,633,465

Document Links

Fiscal Year Ending Dec.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Dec.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2000

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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