Skip to content
ProPublica Donate

Restoring Communities 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 / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$533k (2024)

Expenses
$348k (2024)

Total Assets
$1.09M (2024)

Total Liabilities
$111k (2024)

Source: Form 990 tax filings from 2013 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
$533,000
Expenses
$347,627
Net Income
$185,373
Net Assets
$974,728
Notable Sources of Revenue Percent of Total Revenue
Contributions $32,500
6.1%
Program Services $500,500
93.9%
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 $1,085,660
Total Liabilities $110,932
Net Assets $974,728
Compensation
Key Employees and Officers Compensation Related Other
Harold Shultz (President) $0 $0 $0
Michael Wadman (Vice President) $0 $0 $0
Tatiana Pena (Secretary) $0 $0 $0
Victoria Barreca (Treasuter) $0 $0 $0
Xiomara Pedraza (Outgoing Director) $0 $0 $0
Richard Pinner (Assistant Secretary) $0 $0 $0
Salvatore D'avola (Assistant Secretary) $0 $274,704 $26,421

Document Links

Fiscal Year Ending Dec.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$682,500
Expenses
$924,059
Net Income
-$241,559
Net Assets
$789,355
Notable Sources of Revenue Percent of Total Revenue
Contributions $682,500
100%
Program Services $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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $852,435
Total Liabilities $63,080
Net Assets $789,355
Compensation
Key Employees and Officers Compensation Related Other
Harold Shultz (President) $0 $0 $0
Lydia Tom (Outgoing Treasurer) $0 $0 $0
Michael Wadman (Vice President) $0 $0 $0
Tatiana Pena (Secretary) $0 $0 $0
Valerie White (Outgoing Secretary) $0 $0 $0
Victoria Barreca (Treasuter) $0 $0 $0
Xiomara Pedraza (Director) $0 $0 $0
Richard Pinner (Assistant Secretary) $0 $0 $0
Salvatore D'avola (Assistant Secretary) $0 $264,329 $25,032

Document Links

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,883,500
Expenses
$2,656,225
Net Income
$227,275
Net Assets
$1,030,914
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,425,000
84.1%
Program Services $458,500
15.9%
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 $1,086,277
Total Liabilities $55,363
Net Assets $1,030,914
Compensation
Key Employees and Officers Compensation Related Other
Elizabeth Oakley (Outgoing Director) $0 $0 $0
Harold Shultz (President) $0 $0 $0
Lydia Tom (Treasurer) $0 $0 $0
Michael Wadman (Vice President) $0 $0 $0
Valerie White (Secretary) $0 $0 $0
Richard Pinner (Assistant Secretary) $0 $0 $0
Salvatore D'avola (Assistant Secretary) $0 $247,449 $23,426

Document Links

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$323,336
Expenses
$162,179
Net Income
$161,157
Net Assets
$803,639
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $323,161
99.9%
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 $175
0.1%
Notable Expenses Percent of Total Expenses
Executive Compensation $30,053
18.5%
Professional Fundraising Fees $0
Other Salaries and Wages $67,118
41.4%
Assets/Debt
Total Assets $870,836
Total Liabilities $67,197
Net Assets $803,639
Compensation
Key Employees and Officers Compensation Related Other
Mr Salvatore D'avola (Assistant Secretary) $30,053 $210,336 $22,295
Mr Harold Shultz (President) $0 $0 $0
Mr Michael Wadman (Vice President) $0 $0 $0
Ms Valerie White (Secretary) $0 $0 $0
Ms Lydia Tom (Treasurer) $0 $0 $0
Ms Elizabeth Oakley (Director) $0 $0 $0
Mr Richard Pinner (Assistant Sectetary) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$248,500
Expenses
$126,326
Net Income
$122,174
Net Assets
$642,482
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $248,500
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 $23,283
18.4%
Professional Fundraising Fees $0
Other Salaries and Wages $45,310
35.9%
Assets/Debt
Total Assets $674,280
Total Liabilities $31,798
Net Assets $642,482
Compensation
Key Employees and Officers Compensation Related Other
Mr Salvatore D'avola (Assistant Se) $23,283 $209,548 $21,594
Mr Harold Shultz (President) $0 $0 $0
Mr Michael Wadman (Vice Preside) $0 $0 $0
Ms Valerie White (Secretary) $0 $0 $0
Ms Lydia Tom (Treasurer) $0 $0 $0
Ms Elizabeth Oakley (Director) $0 $0 $0
Mr Richard Pinner (Assistant Se) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$549,500
Expenses
$113,838
Net Income
$435,662
Net Assets
$520,308
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $549,500
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 $12,799
11.2%
Professional Fundraising Fees $0
Other Salaries and Wages $46,477
40.8%
Assets/Debt
Total Assets $531,070
Total Liabilities $10,762
Net Assets $520,308
Compensation
Key Employees and Officers Compensation Related Other
Mr Salvatore D'avola (Assistant Se) $12,799 $209,041 $20,380
Mr Harold Shultz (President) $0 $0 $0
Mr Michael Wadman (Vp) $0 $0 $0
Ms Lydia Tom (Secretary) $0 $0 $0
Mr Richard Manson (Treasurer) $0 $0 $0
Ms Elizabeth Oakley (Director) $0 $0 $0
Mr Richard Pinner (Assistant Se) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$642,000
Expenses
$386,270
Net Income
$255,730
Net Assets
$84,646
Notable Sources of Revenue Percent of Total Revenue
Contributions $313,000
48.8%
Program Services $329,000
51.2%
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 $0
Notable Expenses Percent of Total Expenses
Executive Compensation $10,765
2.8%
Professional Fundraising Fees $0
Other Salaries and Wages $43,072
11.2%
Assets/Debt
Total Assets $310,222
Total Liabilities $225,576
Net Assets $84,646
Compensation
Key Employees and Officers Compensation Related Other
Mr Salvatore D'avola (Assistant Se) $10,765 $204,535 $19,474
Mr Harold Shultz (President) $0 $0 $0
Ms Merilyn Rovira (Vice Preside) $0 $0 $0
Ms Lydia Tom (Secretary) $0 $0 $0
Mr Sam Marks (Treasurer) $0 $0 $0
Ms Lisa Talma (Director) $0 $0 $0
Mr Richard Pinner (Assistant Se) $0 $0 $0

Document Links

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$500
Expenses
$86,253
Net Income
-$85,753
Net Assets
-$171,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $500
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $87,654
Total Liabilities $258,738
Net Assets -$171,084
Compensation
Key Employees and Officers Compensation Other
Mr Salvatore D'avola (Assistant Se) $205,324 $18,704
Mr Harold Shultz (President) $0 $0
Ms Merilyn Rovira (Vice Preside) $0 $0
Ms Lydia Tom (Secretary) $0 $0
Mr Sam Marks (Treasurer) $0 $0
Ms Lisa Talma (Director) $0 $0
Mr Richard Pinner (Assistant Se) $0 $0

Document Links

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$64,062
Net Income
-$64,062
Net Assets
-$85,331
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $91,954
Total Liabilities $177,285
Net Assets -$85,331
Compensation
Key Employees and Officers Compensation Other
Salvatore D'avola (Assistant Se) $199,317 $18,141
Harold Shultz (President) $0 $0
Merilyn Rovira (Vice Preside) $0 $0
Lydia Tom (Secretary) $0 $0
Sam Marks (Treasurer) $0 $0
Lisa Talma (Director) $0 $0
Richard Pinner (Assistant Se) $0 $0

Document Links

Fiscal Year Ending Dec.
2015

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$82,500
Expenses
$44,548
Net Income
$37,952
Net Assets
-$21,269
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $82,500
100%
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $94,404
Total Liabilities $115,673
Net Assets -$21,269
Compensation
Key Employees and Officers Compensation Other
Salvatore D'avola (Assistant Se) $185,770 $17,270
Harold Shultz (President) $0 $0
Merilyn Rovira (Vice Preside) $0 $0
Lydia Tom (Secretary) $0 $0
Sam Marks (Treasurer) $0 $0
Lisa Talma (Director) $0 $0
Alex Avitabile (Assistant Se) $0 $0

Document Links

Fiscal Year Ending Dec.
2014

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$0
Expenses
$2,522
Net Income
-$2,522
Net Assets
-$59,221
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Assets/Debt
Total Assets $47,514
Total Liabilities $106,735
Net Assets -$59,221
Compensation
Key Employees and Officers Compensation Other
Harold Shultz (President) $0 $0
Merilyn Rovira (Vice Preside) $0 $0
Lydia Tom (Secretary) $0 $0
Sam Marks (Treasurer) $0 $0
Lisa Talma (Director) $0 $0
Salvatore D'avola (Assistant Se) $0 $0
Alex Avitabile (Assistant Se) $0 $0

Document Links

Fiscal Year Ending Dec.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$47,514
Expenses
$20,353
Net Income
$27,161
Net Assets
-$56,699
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $47,500
100.0%
Investment Income $14
0.0%
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 $8,447
41.5%
Assets/Debt
Total Assets $47,514
Total Liabilities $104,213
Net Assets -$56,699

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 »

Get the Data

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.

API

The data powering this website is available programmatically, via an API. Read the API documentation »

See an issue with the data?

Contact Us