PROPUBLICA Expose Corruption. Defend Truth. Support Investigative Journalism.
DONATE
Skip to content
ProPublica Donate
ProPublica Donate

607 Concord Avenue 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 / Senior Citizens' Housing/Retirement Communities (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.48M (2023)

Expenses
$1.17M (2023)

Total Assets
$3.4M (2023)

Total Liabilities
$9.15M (2023)

Years with missing data
Source: Form 990 tax filings from 2010 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 Nov.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,478,347
Expenses
$1,167,190
Net Income
$311,157
Net Assets
-$5,754,058
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,465,095
99.1%
Investment Income $3,670
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,582
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $110,169
9.4%
Assets/Debt
Total Assets $3,399,815
Total Liabilities $9,153,873
Net Assets -$5,754,058
Compensation
Key Employees and Officers Compensation Related Other
Raul Russi (President) $0 $861,432 $73,959
Lymaris Albors (Chief Executive Officer) $0 $748,860 $46,446
Jose A Rodriguez (Chief Legal Officer) $0 $560,176 $40,861
Vicky Gatell (Chief Financial Officer) $0 $432,484 $41,248
Eliezer Rodriguez Esq (Chair) $0 $0 $0
Carmen S Melero (Vice Chair) $0 $0 $0
Gilbert Hernandez (Secretary) $0 $0 $0
Marybeth Hotaling Esq (Treasurer) $0 $0 $0
Arnie Segarra (Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,101,847
Expenses
$1,209,289
Net Income
-$107,442
Net Assets
-$6,065,215
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $1,097,899
99.6%
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 $3,948
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $111,631
9.2%
Assets/Debt
Total Assets $3,512,838
Total Liabilities $9,578,053
Net Assets -$6,065,215
Compensation
Key Employees and Officers Compensation Related Other
Raul Russi (President) $0 $848,126 $68,233
Lymaris Albors (Chief Executive Officer) $0 $532,238 $44,593
Jose A Rodriguez (Chief Legal Officer/ Evp) $0 $517,229 $37,746
Maria Del Carmen Arroy (Chief Administrative Officer) $0 $404,476 $38,707
David Collymore (Cmo/Senior Vp Of Clinical) $0 $421,681 $15,109
Vicky Gatell (Chief Financial Officer) $0 $306,593 $37,802
Wilfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Gilbert Hernandez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Kaleb Sanchez (Member) $0 $0 $0
Arnie Segarra (Memeber) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$855,619
Expenses
$1,197,982
Net Income
-$342,363
Net Assets
-$5,957,773
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $814,584
95.2%
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 $41,035
4.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $113,167
9.4%
Assets/Debt
Total Assets $3,738,697
Total Liabilities $9,696,470
Net Assets -$5,957,773
Compensation
Key Employees and Officers Compensation Related Other
Raul Russi (Ceo & President) $0 $837,619 $66,101
Jose R Rodriguez (Clo) $0 $515,162 $36,710
Lymaris Albors (Coo) $0 $501,299 $33,949
Milton A Derienzo (Cfo) $0 $402,694 $0
Vicky Gatell (Svp Finance) $0 $292,621 $36,710
David Collymore (Cmo) $0 $302,546 $14,615
Wilfred Renta (Chair Member) $0 $0 $0
Maria Rivera (Vice Chair Member) $0 $0 $0
Gilbert Hernandez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer Member) $0 $0 $0
Kaleb Sanchez (Member) $0 $0 $0
Arnie Segarra (Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$679,271
Expenses
$1,078,666
Net Income
-$399,395
Net Assets
-$5,615,410
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $619,773
91.2%
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 $59,498
8.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $112,978
10.5%
Assets/Debt
Total Assets $4,003,386
Total Liabilities $9,618,796
Net Assets -$5,615,410
Compensation
Key Employees and Officers Compensation Related Other
Raul Russi (Chief Executive Officer) $0 $797,383 $65,322
Lymaris Albors (Chief Of Staff/Coo) $0 $430,578 $9,755
Jose R Rodriguez (Clo) $0 $400,990 $36,393
Milton A Derienzo (Chief Financial Officer) $0 $390,856 $14,571
Maria Del Carmen Arroyo (Svp Of Operations) $0 $288,132 $36,556
David Collymore (Cmo) $0 $291,652 $14,571
Steve Kadin (Vp Of Finance) $0 $263,679 $23,437
Yaberci Perez Cubillan (Svp) $0 $243,231 $22,409
Vicky Gatell (Svp) $0 $210,635 $32,506
Honorable Hector Diaz (President) $0 $62,499 $0
Wilfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Iris W Ramirez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Shahabuddeen A Ally (Member) $0 $0 $0
Kaleb H Sanchez (Member) $0 $0 $0
Anthony Rivera (Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$850,608
Expenses
$996,166
Net Income
-$145,558
Net Assets
-$1,717,568
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $836,681
98.4%
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 $13,927
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $104,331
10.5%
Assets/Debt
Total Assets $4,315,678
Total Liabilities $6,033,246
Net Assets -$1,717,568
Compensation
Key Employees and Officers Compensation Related Other
Wilfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Iris W Ramirez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Shahabuddeen A Ally (Member) $0 $0 $0
Kaleb H Sanchez (Member) $0 $0 $0
Anthony Rivera (Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$900,331
Expenses
$1,353,539
Net Income
-$453,208
Net Assets
-$1,572,010
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $900,327
100.0%
Investment Income $4
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 $126,219
9.3%
Assets/Debt
Total Assets $4,473,533
Total Liabilities $6,045,543
Net Assets -$1,572,010
Compensation
Key Employees and Officers Compensation Related Other
Wlfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Iris W Ramirez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Shahabuddeen A Ally (Member) $0 $0 $0
Kaleb H Sanchez (Member) $0 $0 $0
Anthony Rivera (Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$862,274
Expenses
$954,994
Net Income
-$92,720
Net Assets
-$1,118,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $862,183
100.0%
Investment Income $91
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 $47,715
5.0%
Assets/Debt
Total Assets $4,854,760
Total Liabilities $5,973,562
Net Assets -$1,118,802
Compensation
Key Employees and Officers Compensation Related Other
Wlfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Iris W Ramirez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Shahabuddeen A Ally (Member) $0 $0 $0
Kaleb H Sanchez (Member) $0 $0 $0
Anthony Rivera (Member) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2016

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 Nov.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$732,921
Expenses
$848,676
Net Income
-$115,755
Net Assets
-$742,440
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $732,608
100.0%
Investment Income $313
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 $173,543
20.4%
Assets/Debt
Total Assets $6,017,113
Total Liabilities $6,759,553
Net Assets -$742,440
Compensation
Key Employees and Officers Compensation Related Other
Wilfred Renta (Chair) $0 $0 $0
Maria Rivera (Vice Chair) $0 $0 $0
Iris W Ramirez (Secretary) $0 $0 $0
Pedro Falcon (Treasurer) $0 $0 $0
Shahabuddeen A Ally (Director) $0 $0 $0
Kaleb H Sanchez (Director) $0 $0 $0

Document Links

Fiscal Year Ending Nov.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$726,486
Expenses
$828,809
Net Income
-$102,323
Net Assets
-$626,685
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $725,996
99.9%
Investment Income $490
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 $167,872
20.3%
Assets/Debt
Total Assets $6,293,068
Total Liabilities $6,919,753
Net Assets -$626,685

Document Links

Fiscal Year Ending Nov.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$729,845
Expenses
$793,475
Net Income
-$63,630
Net Assets
-$524,362
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $729,387
99.9%
Investment Income $458
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 $162,346
20.5%
Assets/Debt
Total Assets $6,594,305
Total Liabilities $7,118,667
Net Assets -$524,362

Document Links

Fiscal Year Ending Nov.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$724,191
Expenses
$778,090
Net Income
-$53,899
Net Assets
-$460,732
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $723,836
100.0%
Investment Income $355
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 $153,161
19.7%
Assets/Debt
Total Assets $6,842,279
Total Liabilities $7,303,011
Net Assets -$460,732

Document Links

Fiscal Year Ending Nov.
2010

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$741,953
Expenses
$769,875
Net Income
-$27,922
Net Assets
-$406,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $741,638
100.0%
Investment Income $315
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 $143,564
18.6%
Assets/Debt
Total Assets $7,131,180
Total Liabilities $7,538,013
Net Assets -$406,833

Document Links

Fiscal Year Ending Nov.
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 Nov.
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 Nov.
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 Nov.
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 Nov.
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

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »