551 WARREN STREET HOUSING DEVELOPMENT FUND CORPORATION

BROOKLYN, NY, 11217-4596 (718) 237-2017 Est. 1997 EIN 11-3350985

L21 - Low-Income & Subsidized Rental Housing 990 - Public charity return 501(c)(4)

Mission

THE MISSION OF THE ORGANIZATION IS FOR THE PURPOSE OF DEVELOPING, OWNING AND MAINTAINING A RESIDENTIAL BUILDING COMPRISED OF SIXTY-EIGHT (68) RESIDENTIAL UNITS FOR PERSONS OF LOW INCOME.

Financials

Total Revenue

$983,995

Total Expenses

$1,117,963

Net Assets

$2,863,466

5 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

2.6 years Healthy

Net assets / monthly expenses

Revenue Sources

Contributions 53.7% Earned revenue 27.4% Investment 18.0% Other 1.0%

Expense Breakdown

Program 90.9% Management 9.1%

Officers & Key Employees (5)

Individual compensation is available on Grow plans.

Grants Received (1)

Looking for funders for your nonprofit? Sign up free to find foundations open to applications.

Filing History (2 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$983,995 ↑	$1,117,963	$2,863,466
2023 990 - Public charity return Dec 12, 2023 to Dec 31, 2023	$0	$0	$2,997,434