ASIAN-AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC

EIN: 133376278 501(c)(3) Housing & Shelter

NEW YORK, NY

Total Revenue
$2,500,542
Total Expenses
$2,024,585
Total Assets
$13,447,924
Net Assets
$4,332,030
🔒

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
1986
Legal Domicile
NY
Principal Officer
THOMAS YU
Phone
2124772265
Tax Period
2024-01-01 to 2024-12-31

ASIAN-AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC, founded in 1986, is a community nonprofit in the Housing & Shelter sector that reported $2.5M in total revenue in fiscal year 2024. The organization ran a surplus of $476K, a strong 19% operating margin.

Mission

ACQUIRES, PRESERVES, AND OPERATES AFFORDABLE RENTAL HOUSING FOR LOW TO MEDIAN INCOME FAMILIES.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $23,588
Program Service Revenue $2,270,239
Investment Income $197,270
Other Revenue $9,445
TOTAL REVENUE $2,500,542

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $1,794,818
Other Expenses $2,024,585
TOTAL EXPENSES $2,024,585

Year-over-Year Comparison

2024 2023 Change
Revenue $2,500,542 $2,382,922 +0.0%
Expenses $2,024,585 $2,237,923 -0.1%
Net Income $475,957 $144,999 +2.3%
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
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

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
5
$1,242,683
Total Directors
4
$1,045,965
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HSUEH LAM YAN SECRETARY/DIR. ASSET &PROPERTY MGMT.. 1.00
Officer Director
$0 $26,543 $220,267
HUI-YUAN NELSON CHAN TREASURER/MANG. DIR. OF REAL ESTATE 1.00
Officer Director
$0 $64,387 $270,854
THOMAS YU PRESIDENT/ED 1.00
Officer Director
$0 $61,872 $345,979
MY T CHANG VICE PRESIDENT/CHIEF OF ST 1.00
Officer Director
$0 $9,430 $208,865
JOY SUZANNE GRANADO CHIEF ACCOUNTING OFFICER (OUTGOING) 1.00
Officer
$0 $21,446 $196,718
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 $2,500,542 $2,024,585 $13,447,924 $475,957
2023 $2,382,922 $2,237,923 $13,467,368 $144,999
2022 $2,173,519 $2,014,439 $14,073,985 $159,080
2021 $2,105,197 $1,998,679 $14,209,755 $106,518
2020 $2,057,114 $1,684,743 $14,535,391 $372,371
2019 $2,063,494 $1,515,728 $14,408,311 $547,766
2018 $2,010,319 $1,759,788 $11,027,615 $250,531
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare ASIAN-AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC with other nonprofits in New York and across the country.