2024-09-16T11:55:47-05:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990EZ 2023-01-01 464427531 WEBSTER AVENUE HOUSING DEVELOPMENT FUND CORPORATION WEBS 2123899300 505 EIGHTH AVENUE 5TH FLOOR NEW YORK NY 10018 KEVIN MORAN CFO 2123899300 2024-09-16 1 0 SCOTT THOMPSETT P00741490 2125990100 2023 2024-08-08 14:25:15Z X X WWW.BREAKINGGROUND.ORG X X 0 0 0 0 -2650 0 -2650 X 0 0 2650 2650 -2650 -2650 X WEBSTER AVENUE HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS. PROGRAM SERVICE ACCOMPLISHMENT 1WEBSTER AVENUE HOUSING DEVELOPMENT FUND CORPORATION IS THE MANAGING MEMBER OF THE PARTNERSHIP ENTITY THAT OWNS THE LOW-INCOME HOUSING FACILITY KNOWN AS PARK HOUSE. PARK HOUSE IS BREAKING GROUND'S FIRST AFFORDABLE FAMILY PROJECT. IT SHARES A LARGE SITE WITH A COMPANION BUILDING, WEBSTER AVENUE SUPPORTIVE RESIDENCE, RECLAIMING A BROWNFIELD SITE. THE COMBINED 12-STORY PROJECT CONTAINS 248 STUDIO, ONE-, TWO-, AND THREE-BEDROOM UNITS THAT ARE HOME TO LOW-INCOME WORKING ADULTS AND FAMILIES FROM THE SOUTH BRONX COMMUNITY. AS MANAGING MEMBER, THE ORGANIZATION DID NOT UNDERTAKE ANY ACTIVE PROGRAM SERVICE ACTIVITIES IN 2023. 0 0 0 BRENDA E ROSEN PRESIDENT & CEO 0.10 0 0 0 DAVID BEER VICE PRESIDENT 0.10 0 0 0 BENJAMIN STACKS TREASURER 0.10 0 0 0 JUDITH ROSENFELD SECRETARY 0.10 0 0 0 NICHOLAS TSANG CHAIRMAN 0.10 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 NY KEVIN MORAN 505 EIGHTH AVENUE NEW YORK NY 10018 2123899300 0 0 0 0 0 0 0 0 0 0 NONE NONE 1 X X 1 BREAKING GROUND II HDFC 133846708 7 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES DESCRIPTION: ADVANCES DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 2,650. END OF YEAR AMOUNT: 2,650.