129 23RD STREET HOUSING DEVELOPMENT

BROOKLYN, NY, 11217 (718) 237-2017 Est. 1998 EIN 11-3440267

L25 - Housing Rehabilitation 990 - Public charity return 501(c)(3)

Mission

THE MISSION OF THE ORGANIZATION IS TO OWN AND OPERATE AN APARTMENT BUILDING FOR QUALIFIED LOW INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.

Total Revenue

$71,602

Total Expenses

$225,222

Net Assets

$186,556

2 volunteers

From latest filing (tax period ending 2025-06-30)

Operating Reserve

9.9 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↓ 53.7%

Expenses ↑ 58.0%

Revenue Sources

Contributions 36.4% Earned revenue 63.4%

Expense Breakdown

Program 76.5% Management 23.5%

Individual compensation is available on Grow plans.

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Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025	$71,602 ↓	$225,222	$186,556
2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023	$102,573 ↑	$155,308	$328,159
2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021	$85,318	$135,860	$416,325