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Three Arts Club Housing Development Fund Company Inc

  • New York, NY
  • Tax-exempt since Aug. 2018
  • EIN: 81-5151097

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
$11.3k (2023)

Expenses
$2.19M (2023)

Total Assets
$40.3M (2023)

Total Liabilities
$52.4M (2023)

Source: Form 990 tax filings from 2017 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 June
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$11,317
Expenses
$2,189,768
Net Income
-$2,178,451
Net Assets
-$12,055,535
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $11,316
100.0%
Investment Income $1
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 $30,100
1.4%
Assets/Debt
Total Assets $40,306,113
Total Liabilities $52,361,648
Net Assets -$12,055,535
Compensation
Key Employees and Officers Compensation Related Other
Claire Hilger (Coo/Assist Secretary) $0 $191,416 $6,004
Paul R Freitag (Vice President) $0 $238,555 $53,058
Sheldon J Fine (President) $0 $0 $0
Daniel J Drosin (Dir Of Property Mngment) $0 $121,312 $33,774
Nanda Win (Cfo/Treasurer (Outgoing)) $0 $190,131 $50,100
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Document Links

990
Filed on May 10, 2024

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

View Filing
XML

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$78,445
Expenses
$2,295,615
Net Income
-$2,217,170
Net Assets
-$9,877,084
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $77,330
98.6%
Investment Income $24
0.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,091
1.4%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $51,142
2.2%
Assets/Debt
Total Assets $40,633,400
Total Liabilities $50,510,484
Net Assets -$9,877,084
Compensation
Key Employees and Officers Compensation Related Other
Claire Hilger (Coo/Assist Secretary) $0 $189,126 $6,613
Paul R Freitag (Vice President) $0 $236,229 $63,275
Sheldon J Fine (President) $0 $0 $0
Daniel J Drosin (Dir Of Property Mngment) $0 $120,439 $41,746
Jennifer Steinberg (Dir Of Real Estate Development (Outgoing)) $0 $89,272 $13,983
Nanda Win (Cfo/Treasurer) $0 $168,428 $54,124
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Document Links

990
Filed on May 15, 2023

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

View Filing
XML

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$86,980
Expenses
$2,152,675
Net Income
-$2,065,695
Net Assets
-$7,659,914
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $86,980
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 $10,902
0.5%
Assets/Debt
Total Assets $41,258,201
Total Liabilities $48,918,115
Net Assets -$7,659,914
Compensation
Key Employees and Officers Compensation Related Other
Claire Hilger (Coo/Assist Secretary) $0 $172,215 $26,611
Laura M Tavormina (Treasurer (Outgoing)) $0 $104,292 $24,027
Paul R Freitag (Vice President) $0 $234,122 $42,061
Sheldon J Fine (President) $0 $0 $0
Daniel J Drosin (Dir Of Property Mngment) $0 $118,415 $26,322
Jennifer Steinberg (Dir Of Real Estate Develop) $0 $131,554 $8,023
Nanda Win (Cfo/Treasurer) $0 $177,254 $32,089
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Document Links

990
Filed on May 16, 2022

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

View Filing
XML

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$98,747
Expenses
$2,155,324
Net Income
-$2,056,577
Net Assets
-$5,594,219
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $98,747
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 $19,756
0.9%
Assets/Debt
Total Assets $42,115,387
Total Liabilities $47,709,606
Net Assets -$5,594,219
Compensation
Key Employees and Officers Compensation Related Other
Mr Paul R Freitag (Vice President) $0 $231,134 $25,797
Nanda Win (Treasurer) $0 $174,885 $17,950
Ms Laura M Tavormina (Treasurer (Through 5/2020)) $0 $149,152 $17,178
Dan Drosin (Assistant Vice President) $0 $115,591 $16,171
Jennifer Steinberg (Assistant Secretary) $0 $111,972 $6,359
Mr Sheldon J Fine (President) $0 $0 $0
Claire Hilger (Secretary) $0 $0 $0
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Document Links

990
Filed on May 13, 2021

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

View Filing
PDF XML

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$584,307
Expenses
$2,208,871
Net Income
-$1,624,564
Net Assets
-$3,526,515
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,000
3.4%
Program Services $564,248
96.6%
Investment Income $59
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 $0
Assets/Debt
Total Assets $43,017,505
Total Liabilities $46,544,020
Net Assets -$3,526,515
Compensation
Key Employees and Officers Compensation Related Other
Mr Sheldon J Fine (President) $0 $0 $0
Mr Paul R Freitag (Vice President/Secretary) $0 $218,003 $21,045
Ms Laura M Tavormina (Treasurer) $0 $147,138 $15,058

Document Links

990
Filed on June 30, 2020

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

View Filing
PDF XML

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$937,773
Expenses
$2,616,089
Net Income
-$1,678,316
Net Assets
-$1,901,428
Notable Sources of Revenue Percent of Total Revenue
Contributions $20,000
2.1%
Program Services $917,773
97.9%
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 $79,711
3.0%
Assets/Debt
Total Assets $43,537,038
Total Liabilities $45,438,466
Net Assets -$1,901,428
Compensation
Key Employees and Officers Compensation Related Other
Mr Sheldon J Fine (President) $0 $0 $0
Mr Paul R Freitag (Vice President/Secretary) $0 $199,793 $13,654
Ms Laura M Tavormina (Treasurer) $0 $147,169 $12,075

Document Links

990
Filed on May 14, 2019

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

View Filing
PDF XML

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$134,857
Expenses
$357,969
Net Income
-$223,112
Net Assets
-$223,112
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $29,698
22.0%
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 $105,159
78.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $43,442,638
Total Liabilities $43,665,750
Net Assets -$223,112

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.

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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.

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