414-418 East 119th Street Greenhope Housing Development Fund Corporation

EIN: 133391215 501(c)(3)

New York, NY

Total Revenue
$7,211
Total Expenses
$327,580
Total Assets
$1,961,411
Net Assets
$-1,181,848
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Principal Officer
ELIEZER RODRIGUEZ
Phone
2129968633
Tax Period
2023-07-01 to 2024-06-30

414-418 East 119th Street Greenhope Housing Development Fund Corporation, founded in 1986, is a micro nonprofit that reported $7K in total revenue in fiscal year 2023. Revenue surged 24% from the prior year, signaling strong growth momentum. Expenses of $328K exceeded revenue, resulting in a 4443% operating deficit.

Mission

THE COPORATION IS ORGANIZED EXCLUSIVELY FOR THE CHARITABLE PURPOSE OF OWNING, CONSTRUCTING, REHABILIATING, LEASING MANAGING, MAINTANING, DEVELOPING AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME, WHEREBY PROVIDING TEMPORARY HOUSING FACILITIES FOR PERSONS IN NEED OF SUCH ACCOMODATIONS.

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Trantor Score

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

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,711
Investment Income $0
Other Revenue $500
TOTAL REVENUE $7,211

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $322,772
Other Expenses $327,580
TOTAL EXPENSES $327,580

Year-over-Year Comparison

2023 2022 Change
Revenue $7,211 $5,796 +0.2%
Expenses $327,580 $554,836 -0.4%
Net Income $-320,369 $-549,040 -0.4%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
4
Independent Members
4
Employees
N/A
Volunteers
4

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
7
$2,960,184
Total Directors
4
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
raul russi PRESIDENT 0.0
Officer
$0 $70,634 $980,006
lymaris albors CEO ACACIA NETWORK 0.0
Officer
$0 $39,079 $842,965
JOSE A RODRIGUEZ CLO ACACIA NETWORK 0.0
Officer
$0 $37,084 $639,637
VICKY GATELL CFO ACACIA NETWORK 0.0
Officer
$0 $42,707 $497,576
Eliezer Rodriguez Esq Chair 2.0
Officer Director
$0 $0 $0
Marybeth HotalingEsq Treasurer 2.0
Officer Director
$0 $0 $0
carmen S melero Vice Chair 2.0
Officer Director
$0 $0 $0
Arnie segarra member 2.0
Director
$0 $0 $0
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
2025 No data No data No data No data
2024 $7,211 $327,580 $1,961,411 $-320,369
2023 $5,796 $554,836 $1,813,181 $-549,040
2022 $6,579 $402,789 $2,020,817 $-396,210
2021 $9,961 $546,292 $2,036,606 $-536,331
2020 $77,728 $369,381 $1,960,222 $-291,653
2019 $148,736 $491,836 $2,083,741 $-343,100
2018 $222,745 $576,765 $2,093,882 $-354,020
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