145 SOUTH 3RD STREET HOUSING DEVELOPMENT FUND CORPORATION

EIN: 043661106 501(c)(3) Housing & Shelter

BROOKLYN, NY

Total Revenue
$1,329,726
Total Expenses
$1,386,542
Total Assets
$7,619,498
Net Assets
$-2,577,405
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
JUAN RAMOS
Phone
7183873600
Tax Period
2023-01-01 to 2023-12-31

145 SOUTH 3RD STREET HOUSING DEVELOPMENT FUND CORPORATION, founded in 2003, is a community nonprofit in the Housing & Shelter sector that reported $1.3M in total revenue in fiscal year 2023.

Mission

ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF DEVELOPING A HOUSING PROJECT FOR ELDERLY PERSONS OF LOW INCOME.

Program Service Accomplishments

Program 1
Expenses: $1,207,129 Revenue: $1,329,578

HOUSING PROVIDE HOUSING TO LOW-INCOME ELDERLY (ABOVE 65 YEARS OF AGE HOUSEHOLDS).

Program 2
Expenses: $66,950

SOCIAL SERVICE: PROVIDED GROCERIES, VOLUNTEER LEARNING OPPORTUNITIES AND OFFERED FRESH PRODUCE AT THE NEWLY CREATED HYDROPONIC FARM LOCATED IN THE PANTRY. PROVIDED INFORMATION AND REFFERAL SERVICES...

Read more

SOCIAL SERVICE: PROVIDED GROCERIES, VOLUNTEER LEARNING OPPORTUNITIES AND OFFERED FRESH PRODUCE AT THE NEWLY CREATED HYDROPONIC FARM LOCATED IN THE PANTRY. PROVIDED INFORMATION AND REFFERAL SERVICES, ENTITLEMENT COUNSELING INCLUDING SNAP SCREENING AND ON-SITE MEDICAID FACILITATED ENROLLMENT TO APPROXIMATELY 360 INDIVIDUALS.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,323,957
Investment Income $148
Other Revenue $5,621
TOTAL REVENUE $1,329,726

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,274,079
Other Expenses $1,386,542
TOTAL EXPENSES $1,386,542

Year-over-Year Comparison

2023 2022 Change
Revenue $1,329,726 $1,352,159 0.0%
Expenses $1,386,542 $1,382,284 +0.0%
Net Income $-56,816 $-30,125 +0.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
15
Independent Members
15
Employees
N/A
Volunteers
15

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$381,455
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNETTE ROSADO BOARD MEMBER 0.50
Director
$0 $0 $0
CASSANDRA ACEVEDO SECRETARY 0.50
Officer Director
$0 $0 $0
DAMARIS REYES BOARD MEMBER 0.50
Director
$0 $0 $0
DAVID LOPEZ CHAIRMAN 0.50
Officer Director
$0 $0 $0
GLADYS OGANDO BOARD MEMBER 0.50
Director
$0 $0 $0
ISRAEL ROSARIO TREASURER 0.50
Officer Director
$0 $0 $0
MAISHA MORALES BOARD MEMBER 0.50
Director
$0 $0 $0
MARIA OCASIO BOARD MEMBER 0.50
Director
$0 $0 $0
MARTIN NEEDLEMAN BOARD MEMBER 0.50
Director
$0 $0 $0
RAY NARVAEZ VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
RICARDO MOLINA BOARD MEMBER 0.50
Director
$0 $0 $0
WILFREDO VARGAS BOARD MEMBER 0.50
Director
$0 $0 $0
JOE PACHECO BOARD MEMBER 0.50
Director
$0 $0 $0
JIM O'SHEA BOARD MEMBER 0.50
Director
$0 $0 $0
YOWALKZ ROSARIO BOARD MEMBER 0.50
Director
$0 $0 $0
JUAN RAMOS EXECUTIVE DIRECTOR 0.50
Officer
$0 $17,573 $209,348
LENETTE BERRIOS FINANCE DIRECTOR 0.50
Officer
$0 $17,573 $172,107
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $1,329,726 $1,386,542 $7,619,498 $-56,816
2022 $1,352,159 $1,382,284 $7,648,778 $-30,125
2021 $1,362,395 $1,346,405 $7,694,022 $15,990
2020 $1,164,649 $1,359,074 $7,764,504 $-194,425
2019 $914,781 $1,244,408 $7,793,230 $-329,627
2018 $992,845 $1,092,408 $8,045,403 $-99,563
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare 145 SOUTH 3RD STREET HOUSING DEVELOPMENT FUND CORPORATION with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.