1712 & 1715 Housing Development Fund Co Inc
Only null% goes to programs Thin reserves
1712 & 1715 Housing Development Fund Co Inc is a 501(c)(3) organization based in New York, New York, registered in 2019, with $2,062,599 in FY2023 revenue. CharityIndex grades it D.
420 5th Ave Fl 14, New York, NY, 10018 EIN 13-2816926 Since 2019
Revenue (FY2023)
$2.1M
▲ 7.0% vs prior year
Housing median: $408K
Expenses (FY2023)
$1.9M
Net assets
-$862K
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for 1712 & 1715 Housing Development Fund Co Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating0 mo reserves · +8% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For 1712 & 1715 Housing Development Fund Co Inc: 0 mo reserves · +8% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for 1712 & 1715 Housing Development Fund Co Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For 1712 & 1715 Housing Development Fund Co Inc: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- 420 5th Ave Fl 14, New York, NY, 10018
- City
- New York
- State
- New York
- Category
- Housing & Shelter
- Subcategory
- Housing Development & Management
Financial trends
Revenue declined from $2.1M (FY2018) to $2.1M (FY2023) across 6 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $6.0MNet assets -$862K
Operating margin
7.9%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$5.2M
Total liabilities
$6.0M
Net assets
-$862K
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $2,062,599▲7.0% | $1,899,111▲5.9% | -$862,222▲0.7% | $5,179,057▲12.1% | 990 |
| 2022 | $1,928,505▼3.3% | $1,794,089▼20.5% | -$867,925▲11.7% | $4,622,092▲1.2% | 990 |
| 2021 | $1,993,976▲1.0% | $2,255,358▲24.1% | -$983,014▼36.2% | $4,567,370▼7.6% | 990 |
| 2020 | $1,974,037▲6.2% | $1,817,992▲1.0% | -$721,632▲17.8% | $4,941,093▲1.7% | 990 |
| 2019 | $1,858,677▼12.8% | $1,799,254▲8.7% | -$877,677▲6.3% | $4,858,063▼12.8% | 990 |
| 2018 | $2,130,383 | $1,655,906 | -$937,105 | $5,569,181 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
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Compare 1712 & 1715 Housing Development Fund Co Inc
Frequently asked questions
- Is 1712 & 1715 Housing Development Fund Co Inc a legitimate nonprofit?
- Yes. 1712 & 1715 Housing Development Fund Co Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-2816926, based in New York, New York. Donations are tax-deductible.
- What is 1712 & 1715 Housing Development Fund Co Inc's EIN?
- 1712 & 1715 Housing Development Fund Co Inc's Employer Identification Number (EIN) is 13-2816926.
- How much revenue does 1712 & 1715 Housing Development Fund Co Inc report?
- 1712 & 1715 Housing Development Fund Co Inc reported $2,062,599 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- What financial grade does 1712 & 1715 Housing Development Fund Co Inc have?
- CharityIndex grades 1712 & 1715 Housing Development Fund Co Inc D, based on financial health (reserves and operating margin).
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Data for 1712 & 1715 Housing Development Fund Co Inc (EIN 13-2816926) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.