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228 E46 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
$363k (2024)

Expenses
$384k (2024)

Total Assets
$2.87M (2024)

Total Liabilities
$445k (2024)

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 Dec.
2024

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$363,165
Expenses
$383,795
Net Income
-$20,630
Net Assets
$2,419,782
Notable Sources of Revenue Percent of Total Revenue
Contributions $101,099
27.8%
Program Services $247,550
68.2%
Investment Income $1,383
0.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,133
3.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,865,262
Total Liabilities $445,480
Net Assets $2,419,782
Compensation
Key Employees and Officers Compensation Related Other
Linda Spitzer (Treasurer) $0 $0 $0
Kenneth Eckstein (Secretary) $0 $0 $0
Stacey Scheinberg (President) $0 $0 $0
David Greenfield (Ceo) $0 $630,294 $59,698
Elena Sytcheva (Co Managing Director) $0 $156,383 $20,095
Philip Kibel (Cfo) $0 $279,823 $58,704
Robert Newman (Coo) $0 $307,185 $6,919

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$248,280
Expenses
$307,912
Net Income
-$59,632
Net Assets
$2,440,412
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $241,870
97.4%
Investment Income $1,255
0.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $5,155
2.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,634,137
Total Liabilities $193,725
Net Assets $2,440,412
Compensation
Key Employees and Officers Compensation Related Other
Joseph Allerhand (Treasurer) $0 $0 $0
Ken Eckstein (Secretary) $0 $0 $0
Stacey Scheinberg (President) $0 $0 $0
David Greenfield (Ceo) $0 $627,955 $60,217
Elena Sytcheva (Co Managing Director) $0 $157,049 $17,423
Philip Kibel (Cfo) $0 $168,339 $39,047
Robert Newman (Coo) $0 $284,353 $5,476

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$253,686
Expenses
$295,703
Net Income
-$42,017
Net Assets
$2,500,044
Notable Sources of Revenue Percent of Total Revenue
Contributions $250
0.1%
Program Services $239,032
94.2%
Investment Income $470
0.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,934
5.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,653,581
Total Liabilities $153,537
Net Assets $2,500,044
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (Director) $0 $0 $0
Elena Sytcheva (Director) $0 $147,370 $14,546
Jeffry Nearby (Outgoing Director) $0 $108,762 $1,341
Stacey Scheinberg (President) $0 $0 $0
David Greenfield (Ceo) $0 $597,987 $52,379
Matthew Locurto (Outgoing Cfo) $0 $140,429 $6,790
Robert Newman (Coo) $0 $257,971 $2,170

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$364,677
Expenses
$377,830
Net Income
-$13,153
Net Assets
$2,542,061
Notable Sources of Revenue Percent of Total Revenue
Contributions $126,633
34.7%
Program Services $223,992
61.4%
Investment Income $413
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,639
3.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,595,558
Total Liabilities $53,497
Net Assets $2,542,061
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $177,836 $13,080
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $567,429 $44,262
Matthew Locurto (Cfo) $0 $221,162 $29,309

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$415,879
Expenses
$393,364
Net Income
$22,515
Net Assets
$2,555,214
Notable Sources of Revenue Percent of Total Revenue
Contributions $190,304
45.8%
Program Services $211,777
50.9%
Investment Income $559
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,239
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,647,843
Total Liabilities $92,629
Net Assets $2,555,214
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $176,679 $13,677
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $528,249 $37,382
Matthew Locurto (Cfo) $0 $215,766 $25,777

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$240,901
Expenses
$218,513
Net Income
$22,388
Net Assets
$2,532,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $226,376
94.0%
Investment Income $1,371
0.6%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $13,154
5.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,580,532
Total Liabilities $47,833
Net Assets $2,532,699
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Jeffry Nearby (Director) $0 $0 $0
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
David Greenfield (Ceo) $0 $430,235 $48,969
Matthew Locurto (Cfo) $0 $212,495 $33,623

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$237,895
Expenses
$216,948
Net Income
$20,947
Net Assets
$2,510,311
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $225,039
94.6%
Investment Income $2
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,854
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,574,971
Total Liabilities $64,660
Net Assets $2,510,311
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
Lynne Koepppel (Director) $0 $0 $0
Stacey Scheinberg (Director) $0 $0 $0
Alan Schoor (Outgoing Ceo) $0 $142,215 $16,687
David Greenfield (Ceo) $0 $390,540 $44,456
Matthew Locurto (Cfo) $0 $212,534 $34,469

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$230,590
Expenses
$224,641
Net Income
$5,949
Net Assets
$2,489,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $217,550
94.3%
Investment Income $656
0.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,384
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,592,105
Total Liabilities $102,741
Net Assets $2,489,364
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
Alan Schoor (Ceo) $0 $292,080 $47,811
Matthew Locurto (Cfo) $0 $212,345 $34,997

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$236,317
Expenses
$231,513
Net Income
$4,804
Net Assets
$2,483,415
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $224,293
94.9%
Investment Income $32
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,992
5.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,603,513
Total Liabilities $120,098
Net Assets $2,483,415
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Outgoing Vice President/Ceo) $0 $8,272 $247
Alan Schoor (Non Voting Director) $0 $283,465 $53,255
George Rush (Outgoing Contracted Cfo) $0 $0 $0
Matthew Locurto (Cfo) $0 $198,929 $32,505

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$263,926
Expenses
$225,133
Net Income
$38,793
Net Assets
$2,478,611
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $214,922
81.4%
Investment Income $110
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $48,894
18.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,707,005
Total Liabilities $228,394
Net Assets $2,478,611
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Outgoing Vice President/Ceo) $0 $532,470 $8,553
Alan Schoor (Ceo) $0 $180,839 $18,883
George Rush (Contracted Cfo) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$223,128
Expenses
$228,755
Net Income
-$5,627
Net Assets
$2,439,818
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $210,527
94.4%
Investment Income $67
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $12,534
5.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,638,812
Total Liabilities $198,994
Net Assets $2,439,818
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Vice President/Ceo) $0 $514,042 $0
Mel Zachter (Director/Cfo) $0 $302,256 $12,356
Peter Brest (Secretary) $0 $104,546 $376

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$207,509
Expenses
$246,116
Net Income
-$38,607
Net Assets
$2,445,445
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $196,346
94.6%
Investment Income $37
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,126
5.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $45,733
18.6%
Assets/Debt
Total Assets $2,642,796
Total Liabilities $197,351
Net Assets $2,445,445
Compensation
Key Employees and Officers Compensation Related Other
Abraham Biderman (President) $0 $0 $0
Benjamin Lopata (Treasurer) $0 $0 $0
David M Frankel (Vice President/Ceo) $0 $108,686 $133
Mel Zachter (Director/Cfo) $0 $310,751 $4,008
Peter Brest (Secretary/Coo) $0 $187,368 $50,648
William Rapfogel (Vice President) $0 $244,209 $13,490

Document Links

Fiscal Year Ending Dec.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$198,075
Expenses
$247,132
Net Income
-$49,057
Net Assets
$2,484,052
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $186,830
94.3%
Investment Income $26
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $11,219
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $2,627,226
Total Liabilities $143,174
Net Assets $2,484,052

Document Links

Fiscal Year Ending Dec.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$184,542
Expenses
$247,777
Net Income
-$63,235
Net Assets
$2,533,109
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $183,124
99.2%
Investment Income $127
0.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,291
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $50,359
20.3%
Assets/Debt
Total Assets $2,621,561
Total Liabilities $88,452
Net Assets $2,533,109

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

About This Data

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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.

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