M B D Community Housing Corporation
501(c)(3) Donations tax-deductible
Only null% goes to programs Strong reserves Declining revenue
M B D Community Housing Corporation is a 501(c)(3) organization based in Bronx, New York, registered in 1980, with $5,418,639 in FY2024 revenue. CharityIndex grades it B.
1789 Southern Blvd, Bronx, NY, 10460 EIN 13-3023179 Since 1980
Revenue (FY2024)
$5.4M
▲ 5.8% vs prior year
Expenses (FY2024)
$2.4M
Net assets
$29.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—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 M B D Community Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating146 mo reserves · +55% 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 M B D Community Housing Corporation: 146 mo reserves · +55% margin earns a B+ 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 M B D Community Housing Corporation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 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 M B D Community Housing Corporation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
Financial trends
Revenue grew from $2.8M (FY2014) to $5.4M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $1.8MNet assets $29.5M
Operating margin
55.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$31.4M
Total liabilities
$1.8M
Net assets
$29.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,418,639▲5.8% | $2,425,325▲1.9% | $29,534,112▲9.5% | $31,366,698▲11.7% | 990 |
| 2023 | $5,121,582▲33.2% | $2,379,820▼1.2% | $26,968,994▲16.8% | $28,075,979▲14.5% | 990 |
| 2022 | $3,845,818▼47.8% | $2,409,703▼13.6% | $23,089,709▲132% | $24,519,771▲30.6% | 990 |
| 2021 | $7,369,190▲306% | $2,788,915▼38.9% | $9,949,003▲85.3% | $18,772,844▲31.4% | 990 |
| 2020 | $1,815,004▼50.4% | $4,562,518▼7.9% | $5,368,728▼33.9% | $14,284,155▼19.1% | 990 |
| 2019 | $3,660,005▼4.1% | $4,954,534▲31.6% | $8,116,242▼13.8% | $17,655,094▲68.9% | 990 |
| 2018 | $3,814,693▲3.8% | $3,766,110▲40.7% | $9,410,771▲0.5% | $10,451,473▼0.1% | 990 |
| 2017 | $3,673,835▼19.4% | $2,676,451▲98.9% | $9,362,188▲11.9% | $10,457,086▲7.2% | 990 |
| 2016 | $4,560,291▲73.3% | $1,345,842▲20.8% | $8,364,804▲61.8% | $9,756,932▲46.1% | 990 |
| 2015 | $2,630,992▼4.7% | $1,114,522▲17.6% | $5,170,510▲41.5% | $6,679,756▲23.2% | 990 |
| 2014 | $2,762,157 | $947,847▼8.8% | $3,654,040▲115% | $5,420,266▲73.5% | 990 |
| 2012 | — | $1,039,425▲25.4% | $1,695,651▲546% | $3,123,972▲57.4% | 990 |
| 2011 | — | $828,930 | $262,557 | $1,984,588 | 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.
Grants received · $170K total
4 grants to M B D Community Housing Corporation totaling $170K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Enterprise Community Partners Inc | Capacity building | 2020 | $15,000 |
| Local Initiatives Support Corporation | See part iv | 2019 | $27,500 |
| Local Initiatives Support Corporation | See part iv | 2016 | $47,500 |
| Local Initiatives Support Corporation | See part iv | 2014 | $80,000 |
Frequently asked questions
- Is M B D Community Housing Corporation a legitimate nonprofit?
- Yes. M B D Community Housing Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3023179, based in Bronx, New York. Donations are tax-deductible.
- What is M B D Community Housing Corporation's EIN?
- M B D Community Housing Corporation's Employer Identification Number (EIN) is 13-3023179.
- How much revenue does M B D Community Housing Corporation report?
- M B D Community Housing Corporation reported $5,418,639 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does M B D Community Housing Corporation have?
- CharityIndex grades M B D Community Housing Corporation B, based on financial health (reserves and operating margin).
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Data for M B D Community Housing Corporation (EIN 13-3023179) 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.