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209 South 2 Nd Street 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 N.E.C. (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$581k (2023)

Expenses
$695k (2023)

Total Assets
$4.58M (2023)

Total Liabilities
$5.26M (2023)

Source: Form 990 tax filings from 2015 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 Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$580,850
Expenses
$694,663
Net Income
-$113,813
Net Assets
-$681,783
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $505,442
87.0%
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 $75,408
13.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,580,783
Total Liabilities $5,262,566
Net Assets -$681,783
Compensation
Key Employees and Officers Compensation Related Other
Annette Rosado (Board Member) $0 $0 $0
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Board Member) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Joe Pacheco (Board Member) $0 $0 $0
Jim O'shea (Board Member) $0 $0 $0
Yowalkz Rosario (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $191,775 $17,573
Lenette Berrios (Finance Director) $0 $154,534 $17,573

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$510,922
Expenses
$684,137
Net Income
-$173,215
Net Assets
-$567,970
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $494,307
96.7%
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 $16,615
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,753,013
Total Liabilities $5,320,983
Net Assets -$567,970
Compensation
Key Employees and Officers Compensation Related Other
Annette Rosado (Board Member) $0 $0 $0
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Board Member) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Joe Pacheco (Board Member) $0 $0 $0
Jim O'shea (Board Member) $0 $0 $0
Yowalkz Rosario (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $140,848 $15,855
Lenette Berrios (Finance Director) $0 $131,594 $15,855

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$506,967
Expenses
$663,142
Net Income
-$156,175
Net Assets
-$394,755
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $502,772
99.2%
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 $4,195
0.8%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,976,689
Total Liabilities $5,371,444
Net Assets -$394,755
Compensation
Key Employees and Officers Compensation Related Other
Annette Rosado (Board Member) $0 $0 $0
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Board Member) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Joe Pacheco (Board Member) $0 $0 $0
Jim O'shea (Board Member) $0 $0 $0
Yowalkz Rosario (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $130,000 $15,455
Lenette Berrios (Finance Director) $0 $115,327 $15,455

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$547,444
Expenses
$598,191
Net Income
-$50,747
Net Assets
-$238,580
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $530,043
96.8%
Investment Income $13
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $17,388
3.2%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,200,123
Total Liabilities $5,438,703
Net Assets -$238,580
Compensation
Key Employees and Officers Compensation Related Other
Annette Rosado (Board Member) $0 $0 $0
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Assistant Secretary) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Rosa Neives (Board Member) $0 $0 $0
Teresa Cruz (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $137,000 $0
Lenette Berrios (Finance Director) $0 $115,000 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$557,686
Expenses
$695,491
Net Income
-$137,805
Net Assets
-$187,833
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $557,593
100.0%
Investment Income $62
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $31
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,280,582
Total Liabilities $5,468,415
Net Assets -$187,833
Compensation
Key Employees and Officers Compensation Related Other
Annette Rosado (Board Member) $0 $0 $0
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Kenneth Mohan (Outgoing Board Member) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Board Member) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Rosa Neives (Board Member) $0 $0 $0
Teresa Cruz (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $137,000 $0
Lenette Berrios (Finance Director) $0 $115,000 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$547,426
Expenses
$627,818
Net Income
-$80,392
Net Assets
-$50,028
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $547,129
99.9%
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 $261
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $5,467,389
Total Liabilities $5,517,417
Net Assets -$50,028
Compensation
Key Employees and Officers Compensation Related Other
Cassandra Acevedo (Secretary) $0 $0 $0
Damaris Reyes (Board Member) $0 $0 $0
David Lopez (Chairman) $0 $0 $0
Gladys Ogando (Board Member) $0 $0 $0
Israel Rosario (Treasurer) $0 $0 $0
Kenneth Mohan (Board Member) $0 $0 $0
Maisha Morales (Board Member) $0 $0 $0
Maria Ocasio (Board Member) $0 $0 $0
Martin Needleman (Board Member) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Ricardo Molina (Board Member) $0 $0 $0
Rosa Neives (Board Member) $0 $0 $0
Teresa Cruz (Board Member) $0 $0 $0
Wilfredo Vargas (Board Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $130,000 $0
Lenette Berrios (Finance Director) $0 $119,423 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$551,428
Expenses
$539,167
Net Income
$12,261
Net Assets
$30,364
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $543,046
98.5%
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 $8,382
1.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $32,422
6.0%
Assets/Debt
Total Assets $5,587,251
Total Liabilities $5,556,887
Net Assets $30,364
Compensation
Key Employees and Officers Compensation Related Other
David Lopez (Chairman) $0 $0 $0
Israel Rosarrio (Treasuarer) $0 $0 $0
Mariya Ocasio (Secretary) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Teresa Cruz (Member) $0 $0 $0
Juan Ramos (Executive Director) $0 $29,000 $3,333
Lenette Berrios (Finance Director) $0 $25,654 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$546,307
Expenses
$561,830
Net Income
-$15,523
Net Assets
$18,103
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $528,196
96.7%
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 $18,111
3.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $39,180
7.0%
Assets/Debt
Total Assets $5,828,115
Total Liabilities $5,810,012
Net Assets $18,103
Compensation
Key Employees and Officers Compensation Related Other
David Lopez (Chairman) $0 $0 $0
Israel Rosarrio (Treasuarer) $0 $0 $0
Juan Ramos (Member) $0 $0 $0
Mariya Ocasio (Secretary) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Teresa Cruz (Member) $0 $0 $0
Gaudi Polanco Mendoza (Finance Director) $0 $98,572 $1,082
Ramon Peguero (Executive Director) $0 $140,285 $765

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$721,232
Expenses
$518,503
Net Income
$202,729
Net Assets
$171,047
Notable Sources of Revenue Percent of Total Revenue
Contributions $159,956
22.2%
Program Services $520,392
72.2%
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 $40,884
5.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $33,167
6.4%
Assets/Debt
Total Assets $5,871,044
Total Liabilities $5,699,997
Net Assets $171,047
Compensation
Key Employees and Officers Compensation Related Other
David Lopez (Chairman) $0 $0 $0
Ray Narvaez (Vice Chairman) $0 $0 $0
Maria Ocasio (Secretary) $0 $0 $0
Israel Rosarrio (Treasuarer) $0 $0 $0
Juan Ramos (Member) $0 $0 $0
Teresa Cruz (Member) $0 $0 $0
Ramon Peguero (Executive Director) $0 $147,175 $0

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

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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  • Raw filing data. Includes EINs and summary financials as structured data.
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  • 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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