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753 Classon Avenue Housing Company

Organization summary

Type of Nonprofit

Designated as a Corporations created to hold titles for property owned by another nonprofit.

Donations to this organization are not tax deductible.

Summary charts: organization finances over time

Revenue
$1.95M (2024)

Expenses
$2.2M (2024)

Total Assets
$6.4M (2024)

Total Liabilities
$7.63M (2024)

Years with missing data
Source: Form 990 tax filings from 2011 to 2024

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 March
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,945,086
Expenses
$2,196,893
Net Income
-$251,807
Net Assets
-$1,233,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $3,144
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,931,139
99.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $10,803
0.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $402,975
18.3%
Assets/Debt
Total Assets $6,397,193
Total Liabilities $7,630,305
Net Assets -$1,233,112
Compensation
Key Employees and Officers Compensation Related Other
Bernell K Grier (753 Classon Ave, Bklyn) $0 $0 $0
Laray Brown (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,745,746
Expenses
$2,037,252
Net Income
-$291,506
Net Assets
-$981,305
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $1,718,859
98.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,887
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $395,680
19.4%
Assets/Debt
Total Assets $1,352,328
Total Liabilities $2,333,633
Net Assets -$981,305
Compensation
Key Employees and Officers Compensation Related Other
Bernell K Grier (753 Classon Ave, Bklyn) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,670,924
Expenses
$1,818,510
Net Income
-$147,586
Net Assets
-$494,756
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $69
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,645,760
98.5%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $25,095
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $419,905
23.1%
Assets/Debt
Total Assets $1,684,186
Total Liabilities $2,178,942
Net Assets -$494,756
Compensation
Key Employees and Officers Compensation Related Other
George Simon (641 Lexington Ave, Ny Ny 10022) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,652,409
Expenses
$1,711,511
Net Income
-$59,102
Net Assets
-$347,170
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,081
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,621,178
98.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $29,150
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $417,787
24.4%
Assets/Debt
Total Assets $1,631,854
Total Liabilities $1,979,024
Net Assets -$347,170
Compensation
Key Employees and Officers Compensation Related Other
George Simon (641 Lexington Ave, Ny Ny 10022) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,749,777
Expenses
$1,655,249
Net Income
$94,528
Net Assets
-$288,068
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $2,266
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,720,460
98.3%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $27,051
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $401,273
24.2%
Assets/Debt
Total Assets $1,522,907
Total Liabilities $1,810,975
Net Assets -$288,068
Compensation
Key Employees and Officers Compensation Related Other
George Chan (25 Beaver St. Ny Ny 10004) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,639,837
Expenses
$1,604,918
Net Income
$34,919
Net Assets
-$382,594
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,148
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,607,014
98.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31,675
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $379,019
23.6%
Assets/Debt
Total Assets $1,467,647
Total Liabilities $1,850,241
Net Assets -$382,594
Compensation
Key Employees and Officers Compensation Related Other
George Chan (25 Beaver St. Ny Ny 10004) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,612,977
Expenses
$1,527,514
Net Income
$85,463
Net Assets
-$417,510
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $703
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,581,759
98.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,515
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $365,932
24.0%
Assets/Debt
Total Assets $1,470,012
Total Liabilities $1,887,522
Net Assets -$417,510
Compensation
Key Employees and Officers Compensation Related Other
George Chan (25 Beaver St. Ny Ny 10004) $0 $0 $0
Sheldon Menitsky (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,527,684
Expenses
$1,703,467
Net Income
-$175,783
Net Assets
-$502,973
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $87
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,496,936
98.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $30,661
2.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $392,135
23.0%
Assets/Debt
Total Assets $1,680,578
Total Liabilities $2,183,551
Net Assets -$502,973
Compensation
Key Employees and Officers Compensation Related Other
George Chan (25 Beaver St. Ny Ny 10004) $0 $0 $0
Peter Fadis (753 Classon Ave, Bklyn, Ny) $0 $0 $0

Document Links

Fiscal Year Ending March
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,499,564
Expenses
$1,480,496
Net Income
$19,068
Net Assets
-$234,438
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $37
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,470,586
98.1%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $28,941
1.9%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $355,763
24.0%
Assets/Debt
Total Assets $1,249,953
Total Liabilities $1,484,391
Net Assets -$234,438

Document Links

Fiscal Year Ending March
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,506,581
Expenses
$1,591,071
Net Income
-$84,490
Net Assets
-$253,506
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $34
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,479,864
98.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $26,683
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $354,506
22.3%
Assets/Debt
Total Assets $1,240,126
Total Liabilities $1,493,632
Net Assets -$253,506

Document Links

Fiscal Year Ending March
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,357,899
Expenses
$1,685,424
Net Income
-$327,525
Net Assets
-$169,016
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $38
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,333,257
98.2%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $24,604
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $345,747
20.5%
Assets/Debt
Total Assets $1,279,442
Total Liabilities $1,448,458
Net Assets -$169,016

Document Links

Fiscal Year Ending March
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,374,827
Expenses
$1,549,715
Net Income
-$174,888
Net Assets
$158,509
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $62
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,360,822
99.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,943
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $337,304
21.8%
Assets/Debt
Total Assets $1,471,511
Total Liabilities $1,313,002
Net Assets $158,509

Document Links

Fiscal Year Ending March
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,377,644
Expenses
$1,364,630
Net Income
$13,014
Net Assets
$333,396
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $285
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $1,361,593
98.8%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $15,766
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $329,827
24.2%
Assets/Debt
Total Assets $1,775,517
Total Liabilities $1,442,121
Net Assets $333,396

Document Links

Fiscal Year Ending March
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 March
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 March
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 March
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 March
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 March
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 March
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 March
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 March
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

What Is 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 »

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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.
  • 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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