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Highbridge Senior 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 / Public Housing Facilities (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.24M (2023)

Expenses
$1.56M (2023)

Total Assets
$3.95M (2023)

Total Liabilities
$10.1M (2023)

Years with missing data
Source: Form 990 tax filings from 2011 to 2023

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

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,240,604
Expenses
$1,558,824
Net Income
-$318,220
Net Assets
-$6,202,144
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,229,330
99.1%
Investment Income $11,274
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 $180,466
11.6%
Assets/Debt
Total Assets $3,946,519
Total Liabilities $10,148,663
Net Assets -$6,202,144
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (Chairman) $0 $0 $0
Rev Mark Cregan (Treasurer) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Rev Fr Jose R Cruz (Director) $0 $0 $0
Beatriz Diaz Taveras (Director) $0 $0 $0
Rosanna Viera (Director) $0 $0 $0
Kobina Arhin (Svp/Ceo) $0 $306,737 $0
Donna M Smith (Cfo) $0 $49,735 $0

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,224,392
Expenses
$1,570,225
Net Income
-$345,833
Net Assets
-$5,883,924
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,223,038
99.9%
Investment Income $1,354
0.1%
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 $158,047
10.1%
Assets/Debt
Total Assets $4,189,471
Total Liabilities $10,073,395
Net Assets -$5,883,924
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (Chairman) $0 $0 $0
Rev Mark Cregan (Treasurer) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Kobina Arhin (Svp/Ceo) $0 $302,532 $0
Simone O Brisco (Controller) $0 $114,250 $0

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,204,218
Expenses
$1,461,377
Net Income
-$257,159
Net Assets
-$5,538,091
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,900
1.2%
Program Services $1,189,999
98.8%
Investment Income $319
0.0%
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 $150,430
10.3%
Assets/Debt
Total Assets $4,498,131
Total Liabilities $10,036,222
Net Assets -$5,538,091
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (Chairman) $0 $0 $0
Rev Mark Cregan (Treasurer) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Bruno Casolari (Snr Vp/Ceo) $0 $230,557 $0
Kobina Arhin (Svp/Ceo) $0 $273,961 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$981,018
Expenses
$1,388,648
Net Income
-$407,630
Net Assets
-$5,280,932
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $980,426
99.9%
Investment Income $592
0.1%
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 $155,820
11.2%
Assets/Debt
Total Assets $4,880,757
Total Liabilities $10,161,689
Net Assets -$5,280,932
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (Chairman) $0 $0 $0
Rev Mark Cregan (Treasurer) $0 $0 $0
Sr Ellenrita Purcaro Op (Secretary) $0 $0 $0
Bishop Earl Mckay (Director) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Bruno Casolari (Snr Vp/Ceo) $0 $264,778 $0
Kobina Arhin (Vp/ Cfo) $0 $215,393 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$861,990
Expenses
$1,322,863
Net Income
-$460,873
Net Assets
-$4,873,302
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $860,038
99.8%
Investment Income $1,952
0.2%
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 $142,512
10.8%
Assets/Debt
Total Assets $5,119,977
Total Liabilities $9,993,279
Net Assets -$4,873,302
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (Chairman) $0 $0 $0
Rev Mark Cregan (Treasurer) $0 $0 $0
Sr Ellenrita Purcaro Op (Secretary) $0 $0 $0
Bishop Earl Mckay (Director) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Bruno Casolari (Snr Vp/Ceo) $0 $235,560 $0
Jorge Batista (Former Ceo/E) $0 $120,268 $0
Kobina Arhin (Vp/ Cfo) $0 $235,171 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$871,256
Expenses
$1,239,862
Net Income
-$368,606
Net Assets
-$4,412,429
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $869,745
99.8%
Investment Income $1,511
0.2%
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 $134,679
10.9%
Assets/Debt
Total Assets $5,529,211
Total Liabilities $9,941,640
Net Assets -$4,412,429
Compensation
Key Employees and Officers Compensation Related Other
Msgr Donald Sakano (President/Ch) $0 $0 $0
Rev Mark Cregan (Vp/Treasurer) $0 $0 $0
Sr Ellenrita Purcaro Op (Secretary/Di) $0 $0 $0
Bishop Earl Mckay (Director) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Bruno Casolari (Vp Program &) $0 $219,600 $0
Jorge Batista (Ceo/Exec Vp) $0 $236,599 $0
Kobina Arhin (Cfo) $0 $198,155 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$881,686
Expenses
$1,200,572
Net Income
-$318,886
Net Assets
-$4,043,823
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $880,280
99.8%
Investment Income $1,406
0.2%
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 $107,777
9.0%
Assets/Debt
Total Assets $5,947,364
Total Liabilities $9,991,187
Net Assets -$4,043,823
Compensation
Key Employees and Officers Compensation Related Other
Bishop Earl Mckay (Director) $0 $0 $0
Msgr Donald Sakano (President/Ch) $0 $0 $0
Rev Mark Cregan (Vp/Treasurer) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Sr Ellenrita Purcaro Op (Secretary/Di) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Jorge Batista (Ceo/Exec Vp) $0 $188,986 $0
Bruno Casolari (Vp Program &) $0 $151,116 $0
Kobina Arhin (Cfo) $0 $146,684 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$872,473
Expenses
$1,225,513
Net Income
-$353,040
Net Assets
-$3,724,937
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $871,172
99.9%
Investment Income $1,301
0.1%
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 $123,994
10.1%
Assets/Debt
Total Assets $6,213,861
Total Liabilities $9,938,798
Net Assets -$3,724,937
Compensation
Key Employees and Officers Compensation Related Other
Bishop Earl Mckay (Director) $0 $0 $0
Msgr Donald Sakano (President/Ch) $0 $0 $0
Rev Mark Cregan (Vp/Treasurer) $0 $0 $0
Kenneth Browne (Director) $0 $0 $0
Sr Ellenrita Purcaro Op (Secretary/Di) $0 $0 $0
Rev Joseph Franco (Director) $0 $0 $0
Ken Singleton (Director) $0 $0 $0
Jorge Batista (Ceo/Exec Vp) $0 $200,154 $0
Bruno Casolari (Vp Program &) $0 $175,577 $0
Kobina Arhin (Cfo) $0 $154,000 $0

Document Links

Fiscal Year Ending Dec.
2015

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.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$797,627
Expenses
$1,125,079
Net Income
-$327,452
Net Assets
-$2,679,676
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $796,349
99.8%
Investment Income $1,278
0.2%
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 $320,618
28.5%
Assets/Debt
Total Assets $7,291,898
Total Liabilities $9,971,574
Net Assets -$2,679,676

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$799,958
Expenses
$1,096,159
Net Income
-$296,201
Net Assets
-$2,352,224
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $798,930
99.9%
Investment Income $1,028
0.1%
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 $316,910
28.9%
Assets/Debt
Total Assets $7,568,572
Total Liabilities $9,920,796
Net Assets -$2,352,224

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$800,688
Expenses
$1,097,913
Net Income
-$297,225
Net Assets
-$2,056,023
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $799,609
99.9%
Investment Income $1,079
0.1%
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 $307,387
28.0%
Assets/Debt
Total Assets $7,850,342
Total Liabilities $9,906,365
Net Assets -$2,056,023

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.
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

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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