Bushwick United Housing Development Fund Corporation is located in Brooklyn, NY. The organization was established in 1982. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bushwick United Housing Development Fund Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Bushwick United Housing Development Fund Corporation generated $9.3m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.3%) each year. All expenses for the organization totaled $9.3m during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (1.3%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Victoria Crespin Chairperson | 0 | $0 | |
Victoria Molina Vice Chaiperson | 0 | $0 | |
Jamaal Coleson Secretary | 0 | $0 | |
Kinga Betkwoska Treasurer | 0 | $0 | |
Samito Gallardo Board Member | 0 | $0 | |
Olga Ferrer Board Member | 0 | $0 |
Statement of Revenue | |
---|---|
Contributions, Gifts, Grants & Similar | $9,279,019 |
Interest on Savings | $0 |
Dividends & Interest | $0 |
Net Rental Income | $0 |
Net Gain on Sale of Assets | $0 |
Capital Gain Net Income | $0 |
Net ST Capital Gain | $0 |
Income Modifications | $0 |
Profit on Inventory Sales | $0 |
Other Income | $0 |
Total Revenue | $9,279,019 |
Statement of Expenses | |
---|---|
Compensation of officers, directors, trustees, etc | $0 |
Other employee salaries and wages | $4,638,611 |
Pension plans, employee benefits | $1,346,436 |
Interest | $0 |
Taxes | $354,854 |
Depreciation | $0 |
Occupancy | $157,231 |
Travel, conferences, and meetings | $0 |
Printing and publications | $0 |
Other expenses | $2,706,968 |
Total operating and administrative expenses | $9,284,275 |
Contributions, gifts, grants paid | $0 |
Total expenses and disbursements | $9,284,275 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,481,901 |
Savings and temporary cash investments | $0 |
Net Accounts receivable | $0 |
Net Pledges Receivable | $0 |
Grants receivable | $43,315 |
Receivables from Officers, Directors, or Controlling Persons | $0 |
Net other notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Investments - land, buildings, equipment | $0 |
Investments—mortgage loans | $0 |
Investments—other | $0 |
Net Land, buildings, and equipment | $0 |
Other assets | $489,674 |
Total assets | $3,014,890 |
Accounts payable and accrued expenses | $43,700 |
Grants payable | $2,481,516 |
Deferred revenue | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Mortgages and other notes payable | $0 |
Other liabilities | $489,674 |
Total liabilities | $3,014,890 |