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Shaarey Zedek 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
$515k (2023)

Expenses
$556k (2023)

Total Assets
$2.69M (2023)

Total Liabilities
$3.66M (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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$514,706
Expenses
$556,109
Net Income
-$41,403
Net Assets
-$965,205
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $497,673
96.7%
Investment Income $7,751
1.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $9,282
1.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $53,090
9.5%
Assets/Debt
Total Assets $2,694,812
Total Liabilities $3,660,017
Net Assets -$965,205
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey Kardaman (Chairman Of The Board) $0 $0 $0
Allen Cooper (Secretary) $0 $0 $0
J Herbert Sheer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
James Katz (Director) $0 $0 $0
Harvey Padowlski (Director) $0 $0 $0
Irwin Weinstein (Director) $0 $0 $0
Rick Zakalik (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$485,084
Expenses
$566,061
Net Income
-$80,977
Net Assets
-$923,802
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $478,490
98.6%
Investment Income $138
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,456
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $52,613
9.3%
Assets/Debt
Total Assets $2,730,545
Total Liabilities $3,654,347
Net Assets -$923,802
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey Kardaman (Chairman Of The Board) $0 $0 $0
Allen Cooper (Secretary) $0 $0 $0
J Herbert Sheer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
James Katz (Director) $0 $0 $0
Harvey Padowlski (Director) $0 $0 $0
Irwin Weinstein (Director) $0 $0 $0
Rick Zakalik (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$498,988
Expenses
$517,500
Net Income
-$18,512
Net Assets
-$842,825
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $492,249
98.6%
Investment Income $18
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,721
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,852
9.8%
Assets/Debt
Total Assets $2,860,543
Total Liabilities $3,703,368
Net Assets -$842,825
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey Kardaman (Chairman Of The Board) $0 $0 $0
Allen Cooper (Secretary) $0 $0 $0
Herbert Shearer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
James Katz (Director) $0 $0 $0
Harvey Padowlski (Director) $0 $0 $0
Irwin Weinstein (Director) $0 $0 $0
Rick Zakalik (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$487,218
Expenses
$509,942
Net Income
-$22,724
Net Assets
-$824,313
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $476,913
97.9%
Investment Income $1,782
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $8,523
1.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,386
9.9%
Assets/Debt
Total Assets $2,937,206
Total Liabilities $3,761,519
Net Assets -$824,313
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Steven Lippa (Secretary) $0 $0 $0
Herbert Scheer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
Harvey Podolsky (Director) $0 $0 $0
Erwin Weinstein (Director) $0 $0 $0
Richard Zakalik (Director) $0 $0 $0
Edward Drozen (Director) $0 $0 $0
Mitchell Steinhorn (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$477,999
Expenses
$520,866
Net Income
-$42,867
Net Assets
-$801,589
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $469,658
98.3%
Investment Income $2,608
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,733
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,653
9.1%
Assets/Debt
Total Assets $3,024,385
Total Liabilities $3,825,974
Net Assets -$801,589
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Steven Lippa (Secretary) $0 $0 $0
Herbert Scheer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
Harvey Podolsky (Director) $0 $0 $0
Erwin Weinstein (Director) $0 $0 $0
Richard Zakalik (Director) $0 $0 $0
Edward Drozen (Director) $0 $0 $0
Mitchell Steinhorn (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$450,190
Expenses
$526,539
Net Income
-$76,349
Net Assets
-$758,722
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $443,639
98.5%
Investment Income $1,129
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,422
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $48,031
9.1%
Assets/Debt
Total Assets $3,126,716
Total Liabilities $3,885,438
Net Assets -$758,722
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Steven Lippa (Secretary) $0 $0 $0
Herbert Scheer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
Harvey Podolsky (Director) $0 $0 $0
Erwin Weinstein (Director) $0 $0 $0
Richard Zakalik (Director) $0 $0 $0
Edward Drozen (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$461,297
Expenses
$516,568
Net Income
-$55,271
Net Assets
-$682,373
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $456,078
98.9%
Investment Income $158
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,061
1.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $47,095
9.1%
Assets/Debt
Total Assets $3,251,531
Total Liabilities $3,933,904
Net Assets -$682,373
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Allen J Cooper (Secretary) $0 $0 $0
Herbert Shearer (Treasurer) $0 $0 $0
David Williams (Director) $0 $0 $0
James Katz (Director) $0 $0 $0
Harvey Padowlski (Director) $0 $0 $0
Irwin Weinstein (Director) $0 $0 $0
Rick Zakalik (Director) $0 $0 $0

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$430,814
Expenses
$524,737
Net Income
-$93,923
Net Assets
-$627,102
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $425,447
98.8%
Investment Income $36
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,331
1.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $42,999
8.2%
Assets/Debt
Total Assets $3,389,050
Total Liabilities $4,016,152
Net Assets -$627,102
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (Chairman Of The Board) $0 $0 $0
Harvey S Kardaman (President) $0 $0 $0
Allen J Cooper (Secretary) $0 $0 $0
Herbert Shearer (Treasurer) $0 $0 $0
Harold Halpern (Board Member) $0 $0 $0
James Katz (Board Member) $0 $0 $0
Harvey Padowiski (Board Member) $0 $0 $0
Irwin Weinstein (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$461,032
Expenses
$513,328
Net Income
-$52,296
Net Assets
-$533,179
Notable Sources of Revenue Percent of Total Revenue
Contributions $19,430
4.2%
Program Services $437,162
94.8%
Investment Income $15
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,425
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $39,853
7.8%
Assets/Debt
Total Assets $3,542,508
Total Liabilities $4,075,687
Net Assets -$533,179
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Richard Zakalik (Vice President) $0 $0 $0
Allan J Cooper (Secretary) $0 $0 $0
Erwin Weinstein (Treasurer) $0 $0 $0
David Williams (Board Member) $0 $0 $0
Ed Drozen (Board Member) $0 $0 $0
Harvey Podolsky (Board Member) $0 $0 $0
Herb Scheer (Board Member) $0 $0 $0
Jeffrey Katz (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$464,622
Expenses
$523,523
Net Income
-$58,901
Net Assets
-$480,883
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $458,154
98.6%
Investment Income $18
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $6,450
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,271
6.4%
Assets/Debt
Total Assets $3,633,981
Total Liabilities $4,114,864
Net Assets -$480,883
Compensation
Key Employees and Officers Compensation Related Other
Steven R Jacobs (President) $0 $0 $0
Harvey S Kardaman (Chairman Of The Board) $0 $0 $0
Richard Zakalik (Vice President) $0 $0 $0
Allan J Cooper (Secretary) $0 $0 $0
Erwin Weinstein (Treasurer) $0 $0 $0
David Williams (Board Member) $0 $0 $0
Ed Drozen (Board Member) $0 $0 $0
Harvey Podolsky (Board Member) $0 $0 $0
Herb Scheer (Board Member) $0 $0 $0
Jeffery Katz (Board Member) $0 $0 $0

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$445,549
Expenses
$514,067
Net Income
-$68,518
Net Assets
-$421,982
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $441,169
99.0%
Investment Income $16
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $4,364
1.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $35,515
6.9%
Assets/Debt
Total Assets $3,724,807
Total Liabilities $4,146,789
Net Assets -$421,982

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$422,130
Expenses
$522,335
Net Income
-$100,205
Net Assets
-$353,464
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $416,539
98.7%
Investment Income $20
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,571
1.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $35,590
6.8%
Assets/Debt
Total Assets $3,831,051
Total Liabilities $4,184,515
Net Assets -$353,464

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$408,180
Expenses
$521,697
Net Income
-$113,517
Net Assets
-$253,259
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $405,347
99.3%
Investment Income $19
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,814
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $40,004
7.7%
Assets/Debt
Total Assets $3,969,517
Total Liabilities $4,222,776
Net Assets -$253,259

Document Links

Fiscal Year Ending June
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 June
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 June
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 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
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 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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  • Raw filing data. Includes EINs and summary financials as structured data.
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