NonprofitsRestored Homes Housing Development Fund Corporation

Housing & Shelter

Restored Homes Housing Development Fund Corporation

NEW YORK, NY

Total revenue

$1.3M

Total expenses

$4.3M

Net assets

Grants received

$1.2M

9 grants

EIN

203853610

Tax year

2024

Mission

The corporation is organized exclusively for the purpose of preserving and creating, on a nonprofit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities,it seeks to prevent and eliminate blight and foster the stabilization of communities throughout new york city.

Financials

FY 2024

Revenue

Contributions & grants$210K
Program service revenue$679K
Investment income$408K
Other revenue
Total revenue$1.3M

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$4.3M
Total expenses$4.3M
Total assets$16.2M
Net assets

People

10 listed

NameRoleCompensation

ANNETTA SEECHARRAN

DIRECTOR

Board

1 hrs/wk

ARTURO SUAREZ

TREASURER

Board

1 hrs/wk

BRIAN SEGEL

PRESIDENT

Board

1 hrs/wk

CHRISTIE PEALE

DIRECTOR

Board

1 hrs/wk

JANE SILVERMAN

DIRECTOR

Board

1 hrs/wk

NICOLAS LEMBO

VICE PRESIDENT

Board

1 hrs/wk

TONYA ORES

DIRECTOR

Board

1 hrs/wk

VICTORIA ROWE BARRECA

SECRETARY

Board

1 hrs/wk

RICHARD PINNER

ASSISTANT SECRETARY

Board

1 hrs/wk

SALVATORE D'AVOLA

ASSISTANT SECRETARY

Board

2 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$140K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2024
$67K
HOUSING & LEGAL COUNSELING
2024
$140K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2023
$400K
ADVISED - TO HELP NEIGHBORHOOD RESTORE CREATE AND PRESERVE AFFORDABLE HOMEOWNERSHIP AND SEEK TO INCREASE THE NUMBER AND QUALITY OF AFFORDABLE HOUSING UNITS AVAILABLE. STABILIZE NEIGHBORHOODS AND POSITIVELY IMPACT OVERALL WELL-BEING IN NYC.
2022
$71K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2020
$71K
HOUSING & LEGAL COUNSELING
2020
$104K
IN SUPPORT OF NEIGHBORHOOD REVITALIZATION
2019

Funded by

$1.2M from 4 funders · 9 grants · 2019–2024

Jpmorgan Chase Foundation

$455K · 4 grants · 2019–2024

The San Francisco Foundation

$400K · 1 grant · 2022

Local Initiatives Support Corporation

$236K · 2 grants · 2020–2022

The Center For New York City

$138K · 2 grants · 2020–2024

Details

EIN203853610
NTEE codeL11
Subsection03
Ruling date2006-07
Formed2005
Employees0
Volunteers8
RESTORED HOMES HOUSING DEVELOPMENT FUND CORPORATION — Mission, Financials & Grants Received | Grantivo