Skip to content
ProPublica Donate
ProPublica Donate

Madison Street Housing Development Fund Corporation

  • New York, NY
  • Tax-exempt since April 2019
  • EIN: 81-1725502

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
$242k (2023)

Expenses
$354k (2023)

Total Assets
$3.62M (2023)

Total Liabilities
$4.17M (2023)

Source: Form 990 tax filings from 2016 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
$242,384
Expenses
$353,614
Net Income
-$111,230
Net Assets
-$548,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $241,342
99.6%
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 $1,042
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,616,255
Total Liabilities $4,165,191
Net Assets -$548,936
Compensation
Key Employees and Officers Compensation Related Other
Hsueh Lam Yan (Secretary/Dir., Asset & Prop. Mgt.) $0 $178,281 $22,333
Hui Yuan Nelson Chan (Treasurer/Mang. Dir. Of Comm. Svcs) $0 $168,900 $48,163
Thomas Yu (President/Ed) $0 $279,045 $66,264
My T Chang (Vice President/Chief Of Staff) $0 $139,860 $8,044
Joy Suzanne Granado (Chief Accounting Officer) $0 $192,545 $28,046
+ View more people

Document Links

990
Filed on Oct. 30, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$234,977
Expenses
$353,462
Net Income
-$118,485
Net Assets
-$437,706
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $234,207
99.7%
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 $770
0.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,741,842
Total Liabilities $4,179,548
Net Assets -$437,706
Compensation
Key Employees and Officers Compensation Related Other
Jennifer Sun (Co Executive Director (Outgoing)) $0 $160,060 $40,689
Thomas Yu (Executive Director) $0 $268,262 $53,087
Hsueh Lam Yan (Secretary) $0 $163,579 $13,682
Nelson Chan (Treasurer) $0 $142,982 $43,741
My T Chang (Chief Of Staff) $0 $63,838 $1,921
Joy Suzanne Granado (Chief Accounting Officer) $0 $96,262 $10,776
+ View more people

Document Links

990
Filed on Oct. 12, 2023

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$243,115
Expenses
$336,078
Net Income
-$92,963
Net Assets
-$319,221
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $242,161
99.6%
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 $954
0.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,865,885
Total Liabilities $4,185,106
Net Assets -$319,221
Compensation
Key Employees and Officers Compensation Related Other
Hsueh Lam Yan (Assistant Secretary) $0 $125,414 $15,320
Jaqueline Huey (Secretary) $0 $0 $0
Jennifer Sun (Co Executive Director) $0 $237,414 $42,217
Thomas Yu (Co Executive Director) $0 $246,595 $24,966
Lydia Tom (Vice President) $0 $0 $0
Tim Jung (Cfo (Outgoing)) $0 $145,801 $30,702
+ View more people

Document Links

990
Filed on Nov. 4, 2022

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$253,859
Expenses
$262,691
Net Income
-$8,832
Net Assets
-$226,258
Notable Sources of Revenue Percent of Total Revenue
Contributions $13,898
5.5%
Program Services $229,853
90.5%
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 $10,108
4.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $3,978,789
Total Liabilities $4,205,047
Net Assets -$226,258
Compensation
Key Employees and Officers Compensation Related Other
Hsueh Lam Yan (Assistant Secretary) $0 $111,035 $16,004
Jaqueline Huey (Secretary) $0 $0 $0
Jennifer Sun (Co Executive Director) $0 $223,349 $37,266
Po Yuen (Treasurer (Outgoing)) $0 $0 $0
Thomas Yu (Co Executive Director) $0 $237,580 $21,634
Chris Mallios (Director Of Finance & Ad (Outgoing)) $0 $68,756 $1,497
Tim Jung (Cfo) $0 $189,883 $13,560
+ View more people

Document Links

990
Filed on Nov. 15, 2021

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
XML

Fiscal Year Ending Dec.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$213,184
Expenses
$255,716
Net Income
-$42,532
Net Assets
-$217,426
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $209,852
98.4%
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 $3,332
1.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,014,699
Total Liabilities $4,232,125
Net Assets -$217,426
Compensation
Key Employees and Officers Compensation Related Other
Hsueh Lam Yan (Assistant Secretary) $0 $104,926 $16,725
Jaqueline Huey (Secretary) $0 $0 $0
Jennifer Sun (Director) $0 $189,286 $38,301
Po Yuen (Treasurer) $0 $0 $0
Thomas Yu (President) $0 $209,121 $8,541
Chris Mallios (Director Of Finance And Ad) $0 $152,194 $21,034
+ View more people

Document Links

990
Filed on Nov. 16, 2020

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$220,876
Expenses
$256,189
Net Income
-$35,313
Net Assets
-$174,894
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $215,202
97.4%
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 $5,674
2.6%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,081,052
Total Liabilities $4,255,946
Net Assets -$174,894
Compensation
Key Employees and Officers Compensation Related Other
Chistopher Kui (President (Outgoing)) $0 $257,579 $3,460
Hsueh Lam Yan (Assistant Secretary) $0 $109,098 $15,677
Jaqueline Huey (Secretary) $0 $0 $0
Jennifer Sun (Director) $0 $85,990 $22,577
Po Yuen (Treasurer) $0 $0 $0
Thomas Yu (President) $0 $178,924 $7,560
Chris Mallios (Director Of Finance And Administration) $0 $144,569 $11,093
+ View more people

Document Links

990
Filed on Nov. 15, 2019

Primary tax return for a nonprofit’s activities, finances, and governance

View Filing
PDF XML

Fiscal Year Ending Dec.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$186,890
Expenses
$261,489
Net Income
-$74,599
Net Assets
-$139,581
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $185,614
99.3%
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 $1,276
0.7%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,133,427
Total Liabilities $4,273,008
Net Assets -$139,581

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$228,064
Expenses
$92,797
Net Income
$135,267
Net Assets
-$64,982
Notable Sources of Revenue Percent of Total Revenue
Contributions $165,100
72.4%
Program Services $61,729
27.1%
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 $1,235
0.5%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $4,254,322
Total Liabilities $4,319,304
Net Assets -$64,982

Document Links

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

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.

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 »

Byline

By Andrea Suozzo, Alec Glassford and Ash Ngu, ProPublica, and Brandon Roberts, Special to ProPublica.
Design by Jeff Frankl. Additional development by Ken Schwencke, Mike Tigas, and Sisi Wei.

E-file viewer adapted from IRS e-File Viewer by Ben Getson. Code for scraping audit documents adapated from Govwiki.

Updated