1068 Franklin Avenue Housing Development Fund Corporation
Organization summary
Type of Nonprofit
Designated as a Civic leagues, social welfare organizations and local associations of employees, created to promote community welfare for charitable, educational or recreational purposes.
Category: Housing, Shelter / Housing Development, Construction, Management (NTEE)
Donations to this organization are not tax deductible.
Summary charts: organization finances over time
Revenue $650k (2023)
Expenses $574k (2023)
Total Assets $9.28M (2023)
Total Liabilities $9.7M (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
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $650,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,284,962 | |
| Total Liabilities | $9,698,824 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Raul Russi (President) | $0 | $909,372 | $70,634 |
| Lymaris Albors (Chief Executive Officer) | $0 | $803,886 | $39,079 |
| Jose A Rodriguez (Chief Legal Officer/Exec Vp) | $0 | $602,553 | $37,084 |
Document Links
990
Filed on Nov. 15, 2024Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2022
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,420,420 | |
| Total Liabilities | $9,910,001 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Raul Russi (President) | $0 | $861,432 | $73,959 |
| Lymaris Albors (Chief Ececutive Officer) | $0 | $748,860 | $46,446 |
| Jose A Rodriguez (Chief Legal Officer/Exec Vp) | $0 | $560,176 | $40,861 |
Document Links
990
Filed on Nov. 14, 2023Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2021
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,526,273 | |
| Total Liabilities | $9,983,079 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Raul Russi (President And Ceo) | $0 | $848,126 | $68,233 |
| Lymaris Albors (Chief Operating Officer) | $0 | $532,238 | $44,593 |
| Jose A Rodriguez (Clo/Executive Vice President) | $0 | $517,229 | $37,746 |
Document Links
990
Filed on Nov. 14, 2022Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2020
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,713,476 | |
| Total Liabilities | $10,082,794 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Raul Russi (Ceo And President) | $0 | $837,889 | $66,101 |
| Jose R Rodriguez (Clo) | $0 | $515,162 | $36,710 |
| Lymaris Albors (Coo) | $0 | $501,299 | $33,949 |
Document Links
990
Filed on Nov. 11, 2021Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2019
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $9,900,517 | |
| Total Liabilities | $10,282,141 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Raul Russi (Ceo And President) | $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 |
Document Links
990
Filed on Nov. 13, 2020Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2018
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $10,085,701 | |
| Total Liabilities | $10,484,030 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carlos Laboy Diaz (Chair) | $0 | $0 | $0 |
| Pedro Falcon (Secretary) | $0 | $0 | $0 |
| Eduardo Alayon (Treasurer) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 15, 2019Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2017
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $10,272,353 | |
| Total Liabilities | $10,675,178 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carlos Laboy Diaz (Chair) | $0 | $0 | $0 |
| Pedro Falcon (Secretary) | $0 | $0 | $0 |
| Eliezer Rodriguez (Treasurer) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 14, 2018Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2016
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $550,000 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $10,459,443 | |
| Total Liabilities | $10,881,472 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Carlos Laboy Diaz (Chair) | $0 | $0 | $0 |
| Pedro Falcon (Secretary) | $0 | $0 | $0 |
| Eliezer Rodriguez (Treasurer) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 13, 2017Primary tax return for a nonprofit’s activities, finances, and governance
Fiscal Year Ending Dec.
2014
Extracted Financial Data
Extracted Financial Data from Form 990
| Notable Sources of Revenue | Percent of Total Revenue | |
|---|---|---|
| Contributions | $0 | |
| Program Services | $1,080,310 |
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 | $0 |
| Assets/Debt | ||
|---|---|---|
| Total Assets | $10,857,708 | |
| Total Liabilities | $11,215,357 |
Compensation
| Key Employees and Officers | Compensation | Related | Other |
|---|---|---|---|
| Eduardo Alayon (Chair) | $0 | $0 | $0 |
| Pedro Falcon (Treasurer) | $0 | $0 | $0 |
| Ingle Stephens (Secretary) | $0 | $0 | $0 |
Document Links
990
Filed on Nov. 13, 2015Primary tax return for a nonprofit’s activities, finances, and governance
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