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East 54 Th Street Housing Development Fund Corp

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 Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$150k (2023)

Expenses
$364k (2023)

Total Assets
$3.1M (2023)

Total Liabilities
$42.5k (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings 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.

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$149,704
Expenses
$364,126
Net Income
-$214,422
Net Assets
$3,053,804
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,295
99.1%
Investment Income $1,409
0.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,096,348
Total Liabilities $42,544
Net Assets $3,053,804
Compensation
Key Employees and Officers Compensation Related Other
Joseph Allerhand (Treasurer) $0 $0 $0
Ken Eckstein (Secretary) $0 $0 $0
Stacey Scheinberg (President) $0 $0 $0
David Greenfield (Ceo) $0 $627,955 $60,217
Elena Sytcheva (Co Managing Director) $0 $157,049 $17,423
Philip Kibel (Cfo) $0 $168,339 $39,047
Robert Newman (Coo) $0 $284,353 $5,476

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$155,988
Expenses
$332,253
Net Income
-$176,265
Net Assets
$3,268,226
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.2%
Program Services $142,993
91.7%
Investment Income $274
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,471
8.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,305,120
Total Liabilities $36,894
Net Assets $3,268,226
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (Director) $0 $0 $0
Elena Sytcheva (Director) $0 $147,370 $14,546
Jeffry Nearby (Outgoing Director) $0 $108,762 $1,341
Stacey Scheinberg (President) $0 $0 $0
David Greenfield (Ceo) $0 $597,987 $52,379
Matthew Locurto (Outgoing Cfo) $0 $140,429 $6,790
Robert Newman (Coo) $0 $257,971 $2,170

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$268,153
Expenses
$419,616
Net Income
-$151,463
Net Assets
$3,444,491
Notable Sources of Revenue Percent of Total Revenue
Contributions $78,954
29.4%
Program Services $145,905
54.4%
Investment Income $161
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $43,133
16.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,514,674
Total Liabilities $70,183
Net Assets $3,444,491
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $177,836 $13,080
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $567,429 $44,262
Matthew Locurto (Cfo) $0 $221,162 $29,309

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$270,703
Expenses
$436,605
Net Income
-$165,902
Net Assets
$3,595,954
Notable Sources of Revenue Percent of Total Revenue
Contributions $111,131
41.1%
Program Services $146,850
54.2%
Investment Income $263
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,459
4.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,638,154
Total Liabilities $42,200
Net Assets $3,595,954
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $176,679 $13,677
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $528,249 $37,382
Matthew Locurto (Cfo) $0 $215,766 $25,777

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$151,066
Expenses
$306,974
Net Income
-$155,908
Net Assets
$3,761,856
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $137,644
91.1%
Investment Income $450
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,972
8.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,793,014
Total Liabilities $31,158
Net Assets $3,761,856
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $0 $0
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $430,235 $48,968
Matthew Locurto (Cfo) $0 $212,495 $33,623

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,418
Expenses
$282,883
Net Income
-$125,465
Net Assets
$3,917,764
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $145,243
92.3%
Investment Income $370
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,805
7.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,960,828
Total Liabilities $43,064
Net Assets $3,917,764
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
Alan Schoor (Outgoing Ceo) $0 $142,215 $16,687
David Greenfield (Ceo) $0 $390,540 $44,456
Matthew Locurto (Cfo) $0 $212,534 $34,469

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$160,883
Expenses
$283,097
Net Income
-$122,214
Net Assets
$4,043,229
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $148,758
92.5%
Investment Income $549
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,576
7.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,078,869
Total Liabilities $35,640
Net Assets $4,043,229
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
Alan Schoor (Ceo) $0 $292,080 $47,811
Matthew Locurto (Cfo) $0 $212,345 $34,997

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$156,571
Expenses
$284,265
Net Income
-$127,694
Net Assets
$4,165,443
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $139,341
89.0%
Investment Income $380
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $16,850
10.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,205,677
Total Liabilities $40,234
Net Assets $4,165,443
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $8,272 $247
David M Frankel (Outgoing Vice President/Ce O) $0 $0 $0
Alan Schoor (Ceo) $0 $283,465 $53,255
George Rush (Outgoing Contracted Cfo) $0 $0 $0
Matthew Locurto (Cfo) $0 $198,929 $32,505

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$157,904
Expenses
$306,893
Net Income
-$148,989
Net Assets
$4,293,137
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $141,918
89.9%
Investment Income $478
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,508
9.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,366,444
Total Liabilities $73,307
Net Assets $4,293,137
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Outgoing Vice President/Ceo) $0 $532,470 $8,553
Alan Schoor (Ceo) $0 $180,839 $18,883
George Rush (Contracted Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$158,803
Expenses
$303,926
Net Income
-$145,123
Net Assets
$4,442,126
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $137,673
86.7%
Investment Income $74
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $21,056
13.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,473,801
Total Liabilities $31,675
Net Assets $4,442,126
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Vice President/Ceo) $0 $514,042 $0
Melvin Zachter (Director/Cfo) $0 $302,256 $12,356
Peter Brest (Secretary) $0 $104,546 $376

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$142,800
Expenses
$308,605
Net Income
-$165,805
Net Assets
$4,587,249
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $131,510
92.1%
Investment Income $64
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,226
7.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $29,847
9.7%
Assets/Debt
Total Assets $4,641,710
Total Liabilities $54,461
Net Assets $4,587,249
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Vice President/Ceo) $0 $108,686 $133
Melvin Zachter (Director/Cfo) $0 $310,751 $4,008
Peter Brest (Secretary/Coo) $0 $187,368 $50,648
William Rapfogal (Vice President) $0 $244,209 $13,490

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$135,813
Expenses
$307,450
Net Income
-$171,637
Net Assets
$4,753,054
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $125,048
92.1%
Investment Income $61
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,704
7.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $36,038
11.7%
Assets/Debt
Total Assets $4,802,714
Total Liabilities $49,660
Net Assets $4,753,054

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$129,726
Expenses
$300,985
Net Income
-$171,259
Net Assets
$4,924,691
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $127,537
98.3%
Investment Income $124
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,065
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $34,331
11.4%
Assets/Debt
Total Assets $4,954,637
Total Liabilities $29,946
Net Assets $4,924,691

Document Links

Fiscal Year Ending Dec.
2010

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.
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 Dec.
2006

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.
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 Dec.
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 Dec.
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 Dec.
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

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.

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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 »

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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.
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  • 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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