2024-10-30T16:29:30-05:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 161755397 EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC EAST 2124772265 141 NORFOLK ST GROUND FLOOR NEW YORK NY 10002 THOMAS YU PRESIDENT/ED 2124772265 2024-10-29 1 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-10-29 2023 2024-10-15 13:58:12Z THOMAS YU 141 NORFOLK ST GROUND FLOOR NEW YORK NY 10002 713023 0 X N/A X 2005 NY ACQUIRES, PRESERVES, AND OPERATES AFFORDABLE RENTAL HOUSING FOR LOW INCOME TO MEDIAN INCOME 4 0 0 0 0 0 0 0 585608 640265 19037 45909 27639 26849 632284 713023 0 0 0 0 0 0 0 0 0 646036 650253 646036 650253 -13752 62770 3805171 3814345 3303960 3250364 501211 563981 TO DEVELOP AND PRESERVE AFFORDABLE HOUSING. 0 0 534676 651052 DEVELOPING, ON A NONPROFIT BASIS, A HOUSING PROJECT FOR PERSONS OF LOW INCOME IN NEW YORK CITY. 534676 1 0 0 0 0 0 0 0 0 0 1 0 0 1 1 1 1 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 2 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 4 0 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 NY X THOMAS YU PRESIDENTED 2124772265 141 NORFOLK ST GROUND FLOOR NEW YORK NY 10002 HSUEH LAM YAN SECRETARY/DIR.,ASSET & PROP. MGT. 1.00 37.00 X X 0 178281 22333 HUI-YUAN NELSON CHAN TREASURER/MANG. DIR. OF COMM. SVCS 1.00 37.00 X X 0 168900 48163 MY T CHANG VICE PRESIDENT/CHIEF OF STAFF 1.00 37.00 X X 0 139860 8044 THOMAS YU PRESIDENT/ED 1.00 37.00 X X 0 279045 66264 JOY SUZANNE GRANADO CFO 1.00 37.00 X 0 192545 28046 0 958631 172850 0 0 1 0 0 RENTAL INCOME 531110 619885 619885 BAD DEBT RECOVRY 531110 20380 20380 640265 45909 45909 WATER AND SEWER CHARGE 900099 15583 15583 OTHER INCOME 900099 10697 10697 RESTORATION & REPAIR,R 900099 479 479 90 90 26849 713023 651052 0 61971 218131 160810 57321 13285 13285 111469 111469 26905 26905 83603 83603 54973 54973 REPAIRS AND MAINTENANCE 46189 46189 BAD DEBT 41850 41850 OTHER EXPENSES 29782 26661 3121 VACANCY LOSS 24066 24066 650253 534676 115577 0 241656 221498 29869 11208 19273 23482 2345073 762500 1627276 1582573 1887097 1975584 3805171 3814345 347950 300046 2901618 2902034 54392 48284 3303960 3250364 X 501211 563981 501211 563981 3805171 3814345 62770 0 X X 0 1 X 1 0 X 512310 555531 567265 585608 640265 2860979 512310 555531 567265 585608 640265 2860979 0 0 0 2860979 24392 18813 12980 19037 45909 121131 24392 18813 12980 19037 45909 121131 28770 18925 30259 27639 26840 132433 565472 593269 610504 632284 713014 3114543 0.91860 0.92520 0.03890 0.03330 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2019 AMOUNT: $ 26,647. 2020 AMOUNT: $ 11,091. 2021 AMOUNT: $ 10,992. 2022 AMOUNT: $ 11,287. 2023 AMOUNT: $ 10,697. WATER AND SEWER - 2019 AMOUNT: $ 1,603. 2020 AMOUNT: $ 6,357. 2021 AMOUNT: $ 16,742. 2022 AMOUNT: $ 15,572. 2023 AMOUNT: $ 15,583. LOCKSMITH - 2019 AMOUNT: $ 520. 2020 AMOUNT: $ 50. 2021 AMOUNT: $ 115. 2022 AMOUNT: $ 50. 2023 AMOUNT: $ 90. RESTORATION REPAIRRETURNED CHECK CHARGESSECURITY DEPOSITUTILITY INCOME - 2020 AMOUNT: $ 1,427. 2021 AMOUNT: $ 115. 2022 AMOUNT: $ 730. 2023 AMOUNT: $ 470. BAD DEBTS RECOVERY - 2021 AMOUNT: $ 2,295. 7 7 2255554 709928 1545626 89512 52572 36940 1582573 ESCROW RECEIVABLES 74959 TENANT SECURITY DEPOSITS 43259 RESTRICTED RESERVES 1857251 UTILITY SECURITY DEPOSITS 115 1975584 TENANT SECURITY DEPOSITS PAYABLE 43259 DUE TO AFFILIATE 5025 48284 X 688957 -24066 -24066 713023 0 713023 626187 0 626187 24066 24066 650253 PART X, LINE 2: THE COMPANY BELEIVES IT HAD NO UNCERTAIN TAX POSITIONS AS OF DECEMBER 31, 2023 AND 2022 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: VACANCY LOSS -24,066. PART XII, LINE 4B - OTHER ADJUSTMENTS: VACANCY LOSS 24,066. 0 0 0 0 0 0 0 0 0 THOMAS YU PRESIDENT/ED 0 279045 0 0 0 0 0 9754 0 56510 0 345309 0 0 JOY SUZANNE GRANADO CFO 0 192545 0 0 0 0 0 7617 0 20429 0 220591 0 0 HUI-YUAN NELSON CHAN TREASURER/MANG. DIR. OF COMM. SVCS 0 168900 0 0 0 0 0 6812 0 41351 0 217063 0 0 HSUEH LAM YAN SECRETARY/DIR.,ASSET & PROP. MGT. 0 178281 0 0 0 0 0 6544 0 15789 0 200614 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT/ED IS ESTABLISHED BY THE RELATED ENTITY ASIAN AMERICANS FOR EQUALITY, INC 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., AS THE SOLE MEMBER OF THE ORGANIZATION, HAS THE RIGHT TO APPOINT A MAJORITY OF THE ORGANIZATION'S 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 ORGANIZATION'S CURRENT CONFLICT OF INTEREST (COI) POLICY UPON APPOINTMENT, AND ANNUALLY THEREAFTER. DIRECTORS AND OFFICERS COMPLETE ANNUAL DECLARATIONS 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 OR OFFICER. THESE DOCUMENTS ARE MAINTAINED AT THE ORGANIZATION'S REGISTERED OFFICE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM PRIOR YEAR. 4 NYC HOUSING INC 2 ALLEN STREET 7TH FLOOR NEW YORK NY 10002 821711103 PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORK NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 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 AND PRESERVING HOUSING PROJECTS 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 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 CHELSEA APTS HOUSING DEVELOPMENT FUND CORPORATION 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 73 LOISAIDA HOUSING DEVELOPMENT FUND CORP 108 NORFOLK ST NEW YORK NY 10002 933417619 PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATION NY 501(C)(3) LINE 10 ASIAN AMERICANS FOR EQUALITY INC 0 NORFOLK APARTMENTS LIMITED PARTNERSHIP 141 NORFOLK STREET NEW YORK NY 10002 133952058 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 BREMOND KING DAVIS LLC 108 NORFOLK STREET NEW YORK NY 10002 473857307 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 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