Nonprofits›Kb25 Housing Development Fund Corporation
Housing & Shelter
Kb25 Housing Development Fund Corporation
NEW YORK, NY
Total revenue
$1.3M
Total expenses
$1.9M
Net assets
$14.2M
Grants received
—
EIN
470976556
Tax year
2024
Mission
Kb25 housing development fund corporation was formed to own and operate a residential building for persons of low and moderate income.
Programs
1 program
Grant to phipps houses, an affiliate organization under irc 501(c)(3), to be used only for the purpose of promoting affordable housing.
Expenses: $765KGrants: $765K
Financials
FY 2024
Revenue
Contributions & grants—
Program service revenue$1.3M
Investment income$1K
Other revenue$12K
Total revenue$1.3M
Expenses
Grants paid$765K
Salaries & benefits$116K
Fundraising—
Other expenses$1.0M
Total expenses$1.9M
Total assets$14.3M
Net assets$14.2M
People
5 listed
NameRoleCompensation
ADAM WEINSTEIN
PRESIDENT/CEO
Board
—
1 hrs/wk
JAMES ROBERT PIGOTT JR
VICE PRESIDENT AND SECRETA
Board
—
1 hrs/wk
LUKEMAN OGUNYINKA
TREASURER
Board
—
1 hrs/wk
MATTHEW KELLY
OUTGOING VICE PRESIDENT
Board
—
1 hrs/wk
MICHAEL WADMAN
VICE PRESIDENT
Board
—
1 hrs/wk
Details
EIN470976556
NTEE codeL20
Subsection04
Ruling date2014-10
Formed2014
Employees1
Volunteers0