2023-10-02T10:20:04-05:00 2022-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2022-01-01 821711103 4NYC HOUSING INC 4NYC 2124772265 141 NORFOLK STREET GFL NEW YORK NY 10002 THOMAS YU EXECUTIVE DIRECTOR 2124772265 2023-09-20 1 THOMAS YU 999009999 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2023-09-20 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z THOMAS YU 141 NORFOLK STREET G/FL NEW YORK NY 10002 689000 0 X N/A X 2017 NY TO PROMOTE ENCOURAGE, PROVIDE AND SPONSOR THE DEVELOPMENT OF HOUSING AND RELATED FACILITIES FOR PERSONS OF LOW INCOME AND LIMITED MEANS. THE FUND WAS CREATED TO ALLEVIATE HARDSHIP AND SUFFERING TO A DISADVANTAGED GROUP THAT WAS BROUGHT ABOUT DUE TO INADEQUATE HOUSING AND LIVING ARRANCGEMENTS 4 1 0 1 0 0 0 689000 0 0 0 0 0 0 0 689000 0 0 0 0 0 0 0 0 0 106795 163885 106795 163885 -106795 525115 3568114 2612277 3801732 2099915 -233618 512362 X THE PROJECT AS DESCRIBED AS A LOW INCOME AFFORDABLE HOUSING PROJECT. THE FACILITY WILL BE FUNDED THROUGH SOCIAL FINANCE SOCIAL IMPACT BONDS. A 100% OF THE FACILITIES ARE RENTED TO INDIVIDUALS MEETING SPECIFIC INCOME RESTRICTIONS. RECERTIFICATION AND PROOF OF ELIGIBILITY IS MADE ON ANNUAL BASIS. 0 0 163885 THE PROJECT AS DESCRIBED AS A LOW INCOME AFFORDABLE HOUSING PROJECT. THE FACILITY WILL BE FUNDED THROUGH SOCIAL FINANCE SOCIAL IMPACT BONDS. A 100% OF THE FACILITIES ARE RENTED TO INDIVIDUALS MEETING SPECIFIC INCOME RESTRICTIONS. RECERTIFICATION AND PROOF OF ELIGIBILITY IS MADE ON ANNUAL BASIS. 163885 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 15 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 1 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THOMAS YU EXECUTIVE DIRECTOR 2124772265 141 NORFOLK STREET G/FL NEW YORK NY 10002 JENIFFER SUN CO-EXCUTIVE DIRECTOR (OUTGOING) 1.00 37.00 X X 0 160060 40689 THOMAS YU EXECUTIVE DIRECTOR 1.00 37.00 X X 0 268262 53087 HSUEH LAM YAN SECRETARY 1.00 37.00 X 0 163579 13682 JOY SUZANNE GRANADO CHIEF ACCOUNTING OFFICER 1.00 37.00 X 0 96262 10776 MY T CHANG CHIEF OF STAFF 1.00 37.00 X 0 63838 1921 0 752001 120155 0 0 1 0 URBAN ARCHITECTURAL INITIATIVES RA 233 BROAWAY SUITE 2150 NEW YORK NY 10279 ARCHITECTURE 387568 1 689000 689000 689000 0 0 0 X 18000 18000 1020 1020 17394 17394 31 31 101 101 57957 57957 REPAIRS AND MAINTENANCE 68300 68300 SUPPLIES 762 762 MISCELLANEOUS 295 295 FILING FEES 25 25 163885 163885 0 0 1183020 114063 1929914 0 2385094 1929914 0 568300 3568114 2612277 225772 104811 3575960 1995104 3801732 2099915 X -233618 512362 -233618 512362 3568114 2612277 X 525115 -59489 280354 X X 0 1 X 1 0 X X 1 ASIAN AMERICANS FOR EQUALITY INC 133187792 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 9295 9295 1920619 1920619 1929914 DUE FROM AFFILIATES 568300 568300 DUE TO AFFILIATES 1995104 1995104 X 26590404 25901404 25901404 689000 0 689000 24498540 24334655 24334655 163885 0 163885 PART X, LINE 2: THE COMPANY BELIEVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2022 AND 2021 IN ACCORDANCE WITH ACCOUNTING STANDARDS CODIFICATION ("ASC") TOPIC 740, "INCOME TAXES", WHICH PROVIDES STANDARDS FOR ESTABLISHING AND CLASSIFYING ANY TAX PROVISIONS FOR UNCERTAIN TAX POSITIONS. PART XI, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' REVENUE 31,026,464. CONSOLIDATED ELIMINATIONS -5,125,060. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 29,459,715. CONSOLIDATED ELIMINATIONS -5,125,060. 0 0 0 0 0 0 0 0 0 THOMAS YU EXECUTIVE DIRECTOR 0 268262 0 0 0 0 0 7008 0 46079 0 321349 0 0 JENIFFER SUN CO-EXCUTIVE DIRECTOR (OUTGOING) 0 160060 0 0 0 0 0 12962 0 27727 0 200749 0 0 HSUEH LAM YAN SECRETARY 0 163579 0 0 0 0 0 0 0 13682 0 177261 0 0 FORM 990, PART VI, SECTION A, LINE 6 ASIAN AMERICANS FOR EQUALITY, INC. ("AAFE") IS THE SOLE MEMBER OF THE ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 7A ASIAN AMERICANS FOR EQUALITY, INC., BEING THE SOLE MEMBER, IS ENTITLED TO APPOINT THE DIRECTORS; PROVIDED, HOWEVER, THAT IN THE EVENT THAT ADDITIONAL PERSONS ARE ACCEPTED AS MEMBERS OF THE CORPORATION PURSUANT TO SECTION 2.2 OF THE ORGANIZATION'S BY-LAWS, THE NUMBER OF DIRECTORS TO BE APPOINTED BY EACH MEMBER MAY BE REAPPORTIONED BY A FAVORABLE ACTION OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION A, LINE 7B THE FOLLOWING CORPORATE ACTIONS MAY NOT BE TAKEN WITHOUT THE APPROVAL OF THE MEMBER: (1) ANY AMENDMENT OF OR CHANGE TO THE CERTIFICATE OF INCORPORATION OR (2) A PETITION FOR JUDICIAL DISSOLUTION; (3) DISPOSING OF ALL, OR SUBSTANTIALLY ALL, OF THE ASSETS OF THE CORPORATION, (4) APPROVAL OF A PLAN OF MERGER, (5) AUTHORIZATION OF A PLAN OF NON-JUDICIAL DISSOLUTION, OR (6) REVOCATION OF A VOLUNTARY DISSOLUTION PROCEEDING. (7) REMOVE ANY DIRECTOR ANY TIME WITH OR WITHOUT CAUSE BY A VOTE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTANT. AT LEAST 7 DAYS PRIOR TO FILING, THE ORGANIZATION DISTRIBUTES A DRAFT FORM 990 TO THE BOARD FOR REVIEW. FIVE DAYS ARE ALLOWED FOR FEEDBACK, THROUGH THE BOARD TREASURER, BEFORE FORM 990 IS FINALIZED AND FILED WITH THE IRS. A COPY OF THE FILED FORM 990 IS PROVIDED TO THE BOARD FOR THEIR RECORDS. FORM 990, PART VI, SECTION B, LINE 12C DIRECTORS AND OFFICERS ARE ISSUED WITH A COPY OF THE CURRENT CONFLICT OF INTEREST POLICY ON APPOINTMENT AND ANNUALLY THEREAFTER, DIRECTORS AND OFFICERS COMPLETE ANNUAL DECLARATION TO EITHER CONFIRM NO CONFLICTS, OR IDENTIFY POSSIBLE AND/OR ACTUAL CONFLICTS. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC BY REQUEST TO ANY BOARD MEMBER. THESE DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S REGISTERED OFFICE. FORM 990, PART IX, LINE 11G ARCHITECT & ENGINEER FEE: PROGRAM SERVICE EXPENSES 17,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 17,000. SOFTWARE MAINTENANCE: PROGRAM SERVICE EXPENSES 394. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 394. FORM 990, PART XI, LINE 9: TRANSFER OF INTEREST FROM 4NYC 280,354. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. AAFE COMMUNITY DEVELOPMENT FUND INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 134103352 PROVIDES TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTAGEGE LOANS NY 501(C)(3) LINE 7 ASIAN AMERICANS FOR EQUALITY INC 0 AAFE FAIR HOUSING CENTER INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 133943782 LEASE OFFICE SPACE IN THE JACKSON HEIGHTS NEIGHBORHOOD OF QUEENS NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 AAFE NEW AMERICANS OPPORTUNITY FUND INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 814698636 PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORK NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 ASIAN AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 133376278 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 ASIAN AMERICANS FOR EQUALITY INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 133187792 TO ADVANCES THE RIGHTS OF ASIAN AMERICANS AND ALL THOSE IN NEED NY 501(C)(3) LINE 7 N/A 0 BREMOND KING DAVIS HOUSING DEVELOPMENT FUND CORPORATION 108 NORFOLK ST NEW YORK NY 10002 473791580 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 CHELSEA APTS HOUSING DEVELOPMENT FUND 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 320676960 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 161755393 DEVELOPING AND PRESERVING HOUSING PROJECTS FOR LOW INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 134145926 PROMOTES HOME OWNERSHIP FOR MINORITY AND UNDERSERVED POPULATIONS NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 COMMUNITY RENEWAL HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 461578773 REHABILITATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 DOWNTOWN MANHATTAN COMMUNITY DEVELOPMENT 141 NORFOLK STREET NEW YORK NY 10002 133784406 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET GROUND FLOOR NEW YORK NY 10002 161755397 PROVIDES LOW-INCOME HOUSING IN NYC & PROMOTES AFFORDABLE HOUSING NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 EL CARIBE HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 811091210 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 HARDESTY RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION PO BOX 22700 KANSAS CITY MO 64113 453190226 PROVIDES FINANCIAL ASSISTANCE TO QUALIFIED INDIVIDUALS AND BUSINESSES MO 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 810856461 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 MADISON STREET HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 811725502 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 MONTGOMERY HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 462101950 DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOME NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 ONE FLUSHING HDFC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 814301765 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 QUEENS HOUSING AND IMMIGRATION CENTER CORPORATION 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 900098029 PROVIDES IMMIGRANT HOUSING AND SOCIAL SERVICES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 133946529 PROVIDES AFFORDABLE LOANS AND TARGETED TECHNICAL ASSISTANCE NY 501(C)(3) LINE 7 ASIAN AMERICANS FOR EQUALITY INC 0 RIVINGTON HOUSING DEVELOPMENT FUND COMPANY INC 141 NORFOLK STREET NEW YORK NY 10002 571230118 DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIES NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 STANTON NORFOLK INC 141 NORFOLK STREET NEW YORK NY 10002 261880608 MANAGING ALL OF ITS PARENT ORGANIZATION, AAFE'S HOUSING DEVELOPMENTS NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 NORFOLK APARTMENTS LIMITED PARTNERSHIP 141 NORFOLK STREET NEW YORK NY 10002 132952058 PROVIDE AFFORDABLE RENTAL HOUSING NY N/A 0 0 NORFOLK APARTMENTS II LIMITED PARTNERSHIP 141 NORFOLK STREET NEW YORK NY 10002 134185980 PROVIDE AFFORDABLE RENTAL HOUSING NY N/A 0 0 EAST VILLAGE HOMES 302 EAST 2ND STREET NEW YORK NY 10009 834679494 PROVIDE AFFORDABLE RENTAL HOUSING NY N/A 0 0 HARMONY 106 CORP 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 474677213 RENOVATION OF FLUSHING, NY PROPERTY NY N/A C 0 ONE FLUSHING NP LLC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 474487628 RENOVATION OF FLUSHING, NY PROPERTY NY N/A C 0 AAFE NEW AMERICAN OPPORTUNITY FUND INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 814698636 PROMOTE COMMON GOOD, WELFARE AND ECONOMIC DEVELOPMENT IN NY NY N/A C 0 EAST VILLAGE HOMES MANAGER CORP 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 842532839 HOLDING COMPANY NY N/A C 0 EAST VILLAGE HOUSING DEVELOPMENT FOUND COMPANY INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 841971812 HOLDING COMPANY NY N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 0