A Kornegay Senior Houses Housing Development Fund Corporation is a 501(c)(3) organization based in Bronx, New York, registered in 2002, with $1,558,665 in FY2023 revenue. CharityIndex grades it F.
Revenue (FY2023)
$1.6M
▼ 15.9% vs prior year
Housing median: $408K
Expenses (FY2023)
$2.4M
Net assets
-$8.4M
Employees
—
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 A Kornegay Senior Houses Housing Development Fund Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 A Kornegay Senior Houses Housing Development Fund Corporation: 0 mo reserves · -53% margin earns a F on this criterion. See the exact thresholds →
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 A Kornegay Senior Houses Housing Development Fund Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 A Kornegay Senior Houses Housing Development Fund Corporation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Revenue grew from $933K (FY2013) to $1.6M (FY2023) across 10 reported years.
Financial snapshot
Operating margin
-53.2%
Spent more than it raised in the latest fiscal year.
Total assets
$4.8M
Total liabilities
$13.2M
Net assets
-$8.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $1,558,665▼15.9% | $2,387,797▲26.0% | -$8,396,557▼15.5% | $4,808,046▼9.1% | 990 |
| 2022 | $1,853,432▲23.0% | $1,894,891▲6.1% | -$7,272,430▲0.3% | $5,292,271▼6.2% | 990 |
| 2021 | $1,507,156▲53.9% | $1,785,505▲3.2% | -$7,293,242▼3.9% | $5,642,169▼2.8% | 990 |
| 2020 | $979,422▲8.9% | $1,729,949▲6.7% | -$7,019,799▼12.0% | $5,805,499▼5.7% | 990 |
| 2019 | $899,497▼2.5% | $1,621,086▲6.0% | -$6,269,272▼13.0% | $6,155,462▼5.5% | 990 |
| 2018 | $922,284▼1.8% | $1,529,453▲7.5% | -$5,547,683▼12.3% | $6,511,299▼5.4% | 990 |
| 2017 | $939,441▲2.0% | $1,423,034▲5.0% | -$4,940,514▼10.9% | $6,886,567▼4.7% | 990 |
| 2016 | $920,952▲0.4% | $1,354,853▲0.2% | -$4,456,921▼23.8% | $7,226,608▼10.5% | 990 |
| 2014 | $917,525▼1.7% | $1,351,608▲12.9% | -$3,599,888▼13.7% | $8,074,979▼4.9% | 990 |
| 2013 | $933,409 | $1,197,685▲1.2% | -$3,165,805▼9.1% | $8,495,488▼2.8% | 990 |
| 2012 | — | $1,183,556▼3.3% | -$2,901,529▼8.7% | $8,737,247▼2.9% | 990 |
| 2011 | — | $1,224,558 | -$2,668,287 | $8,996,487 | 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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Data for A Kornegay Senior Houses Housing Development Fund Corporation (EIN 02-0533201) 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.