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Breaking Ground Iii 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 Development, Construction, Management (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$361k (2023)

Expenses
$359k (2023)

Total Assets
$1.08M (2023)

Total Liabilities
$1.14M (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
$361,336
Expenses
$358,839
Net Income
$2,497
Net Assets
-$56,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $361,336
100%
Investment Income $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 $102,190
28.5%
Assets/Debt
Total Assets $1,083,679
Total Liabilities $1,140,461
Net Assets -$56,782
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $629,604 $13,827
David Beer (Secretary) $0 $336,867 $47,221
Judith Rosenfeld (Director) $0 $136,282 $17,273
Benjamin Stacks (Treasurer) $0 $0 $0
Nicholas Tsang (Chairman) $0 $0 $0
Kevin Moran (Cfo) $0 $353,041 $47,221

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$315,130
Expenses
$328,200
Net Income
-$13,070
Net Assets
-$59,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $315,130
100%
Investment Income $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 $86,479
26.3%
Assets/Debt
Total Assets $95,460
Total Liabilities $154,739
Net Assets -$59,279
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $587,598 $12,774
David Beer (Secretary) $0 $306,168 $43,943
Toby Sherman (Director) $0 $256,279 $19,123
Benjamin Stacks (Treasurer) $0 $0 $0
Nicholas Tsang (Chairman) $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
$273,290
Expenses
$296,189
Net Income
-$22,899
Net Assets
-$46,209
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $273,290
100%
Investment Income $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 $60,650
20.5%
Assets/Debt
Total Assets $155,350
Total Liabilities $201,559
Net Assets -$46,209
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $601,378 $12,164
David Beer (Secretary) $0 $283,483 $41,130
Toby Sherman (Director) $0 $224,833 $14,702
Benjamin Stacks (Treasurer) $0 $0 $0
Nicholas Tsang (Chairman) $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
$307,743
Expenses
$308,432
Net Income
-$689
Net Assets
-$23,310
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $307,743
100%
Investment Income $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 $82,916
26.9%
Assets/Debt
Total Assets $91,495
Total Liabilities $114,805
Net Assets -$23,310
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $573,519 $15,888
David Beer (Secretary) $0 $274,198 $41,085
Toby Sherman (Director) $0 $218,022 $14,836
Benjamin Stacks (Treasurer) $0 $0 $0
Nicholas Tsang (Chairman) $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
$287,262
Expenses
$285,359
Net Income
$1,903
Net Assets
-$22,621
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $284,647
99.1%
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,615
0.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $87,077
30.5%
Assets/Debt
Total Assets $165,606
Total Liabilities $188,227
Net Assets -$22,621
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $470,067 $13,028
Kevin Moran (Cfo) $0 $312,953 $35,087
David Beer (Secretary) $0 $268,978 $37,772
Toby Sherman (Director (As Of 05/2019)) $0 $211,713 $16,711
Benjamin Stacks (Treasurer) $0 $0 $0
Ian Shrank (Chairman (Thru 05/2019)) $0 $0 $0
Nicholas Tsang (Chairman (As Of 05/2019)) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$299,359
Expenses
$301,459
Net Income
-$2,100
Net Assets
-$24,524
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $299,359
100%
Investment Income $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 $86,221
28.6%
Assets/Debt
Total Assets $151,912
Total Liabilities $176,436
Net Assets -$24,524
Compensation
Key Employees and Officers Compensation Related Other
Brenda E Rosen (President & Ceo) $0 $381,192 $14,205
Robert Sideli (Chairman (Thru 03/2018)) $0 $0 $0
Benjamin Stacks (Treasurer) $0 $0 $0
David Beer (Secretary) $0 $249,607 $35,785
Ian Shrank (Chairman (As Of 03/2018)) $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
$282,517
Expenses
$281,790
Net Income
$727
Net Assets
-$22,424
Notable Sources of Revenue Percent of Total Revenue
Contributions $282,517
100%
Program Services $0
Investment Income $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 $57,797
20.5%
Assets/Debt
Total Assets $136,872
Total Liabilities $159,296
Net Assets -$22,424
Other
Reported a significant diversion of assets
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Secretary (Thru 12/7/2017)) $0 $0 $0
Brenda E Rosen (President & Ceo) $0 $347,409 $13,837
Robert Sideli (Chairman) $0 $0 $0
Benjamin Stacks (Treasurer) $0 $0 $0
David Beer (Secretary (As Of 12/7/2017)) $0 $215,926 $16,129
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
$301,841
Expenses
$302,476
Net Income
-$635
Net Assets
-$23,151
Notable Sources of Revenue Percent of Total Revenue
Contributions $301,841
100%
Program Services $0
Investment Income $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 $67,116
22.2%
Assets/Debt
Total Assets $100,017
Total Liabilities $123,168
Net Assets -$23,151
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Secretary) $0 $0 $0
Brenda E Rosen (President & Ceo) $0 $294,622 $20,776
Christopher Frissora (Treasurer (Thru 3/2016)) $0 $0 $0
Robert Sideli (Chairman) $0 $0 $0
Benjamin Stacks (Treasurer (As Of 3/2016)) $0 $0 $0
Kevin Moran (Cfo) $0 $269,915 $12,820

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$282,316
Expenses
$279,022
Net Income
$3,294
Net Assets
-$22,516
Notable Sources of Revenue Percent of Total Revenue
Contributions $282,316
100%
Program Services $0
Investment Income $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 $65,094
23.3%
Assets/Debt
Total Assets $1,050,577
Total Liabilities $1,073,093
Net Assets -$22,516

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$290,198
Expenses
$293,278
Net Income
-$3,080
Net Assets
-$25,810
Notable Sources of Revenue Percent of Total Revenue
Contributions $290,198
100%
Program Services $0
Investment Income $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 $66,133
22.5%
Assets/Debt
Total Assets $1,083,467
Total Liabilities $1,109,277
Net Assets -$25,810
Compensation
Key Employees and Officers Compensation Related Other
James Rubin (Chairman) $0 $0 $0
Bruce Angiolillo (Secretary (Thru 12/14/14)) $0 $0 $0
Ellen Taus (Treasurer (Thru 12/14/14)) $0 $0 $0
Anthony Hannigan (Director) $0 $0 $0
Brenda E Rosen (President & Ceo) $0 $284,381 $13,894
Christopher Frissora (Treasurer (As Of 12/14/14)) $0 $0 $0
Robert Sideli (Secretary (As Of 12/14/14)) $0 $0 $0
John A Mckegney (Cfo (Thru 7/2014)) $0 $105,064 $148
Kevin Moran (Cfo (As Of 7/2014)) $0 $89,875 $5,359

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$313,318
Expenses
$310,867
Net Income
$2,451
Net Assets
-$22,730
Notable Sources of Revenue Percent of Total Revenue
Contributions $308,812
98.6%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,506
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $64,935
Total Liabilities $87,665
Net Assets -$22,730
Compensation
Key Employees and Officers Compensation Related Other
Anthony Hannigan (Board Member) $0 $0 $0
Bruce Angiolillo (Secretary) $0 $0 $0
Ellen Taus (Treasurer) $0 $0 $0
James Rubin (President/Chairman) $0 $0 $0
Brenda Rosen (Executive Director) $0 $257,034 $14,139
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
$265,953
Expenses
$270,054
Net Income
-$4,101
Net Assets
-$25,181
Notable Sources of Revenue Percent of Total Revenue
Contributions $265,953
100%
Program Services $0
Investment Income $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 $0
Assets/Debt
Total Assets $901,304
Total Liabilities $926,485
Net Assets -$25,181

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$250,579
Expenses
$256,719
Net Income
-$6,140
Net Assets
-$21,080
Notable Sources of Revenue Percent of Total Revenue
Contributions $252,513
> 100%
Program Services -$1,934
Investment Income $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 $55,302
21.5%
Assets/Debt
Total Assets $750,850
Total Liabilities $771,930
Net Assets -$21,080

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 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

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

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