2024-11-14T14:35:03-06:00 2023-12-31 873707167 CBIZ MARKS PANETH LLC 685 THIRD AVENUE NEW YORK NY 10017 990 2023-01-01 821711103 4NYC HOUSING INC 4NYC 2124772265 141 NORFOLK STREET GFL NEW YORK NY 10002 THOMAS YU PRESIDENT/ED 2124772265 2024-11-12 1 0 MAGDALENA CZERNIAWSKI P00535099 2125038800 2024-11-12 2023 2024-10-15 13:58:12Z THOMAS YU 141 NORFOLK STREET G/FL NEW YORK NY 10002 287232 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 3 0 0 0 0 0 689000 287232 0 0 0 0 0 0 689000 287232 0 0 0 0 0 0 0 0 0 163885 102724 163885 102724 525115 184508 2612277 2446953 2099915 1750083 512362 696870 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 102724 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. 102724 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 9 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 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 STREET G/FL NEW YORK NY 10002 HSUEH LAM YAN SECRETARY/TREASURER/DIR., ASSET & PROP. MGT 1.00 37.00 X X 0 178281 22333 THOMAS YU PRESIDENT/ED 1.00 37.00 X X 0 279045 66264 MY T CHANG VICE PRESIDENT/CHIEF OF STAFF 1.00 37.00 X X 0 139860 8044 JOY SUZANNE GRANADO CFO 1.00 37.00 X 0 192545 28046 0 789731 124687 0 0 1 0 0 287232 287232 287232 0 0 0 10000 10000 65 65 2628 2628 170 170 30613 30613 REPAIRS AND MAINTENANCE 49800 49800 MISCELLANEOUS 9448 9448 102724 102724 0 0 114063 81237 2136660 0 1929914 2136660 568300 229056 2612277 2446953 104811 12854 1655789 1995104 81440 2099915 1750083 X 512362 696870 512362 696870 2612277 2446953 184508 0 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 11095 11095 2125565 2125565 2136660 DUE FROM AFFILIATES 226556 OTHER ASSETS 2500 229056 DUE TO AFFILIATES 81440 81440 X 34006093 33718861 33718861 287232 0 287232 29952406 29849682 29849682 102724 0 102724 PART X, LINE 2: THE COMPANY BELIEVES 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: RELATED ENTITIES' REVENUE 41,810,952. CONSOLIDATED ELIMINATIONS -8,092,091. PART XII, LINE 2D - OTHER ADJUSTMENTS: RELATED ENTITIES' EXPENSES 37,941,773. CONSOLIDATED ELIMINATIONS -8,092,091. 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 HSUEH LAM YAN SECRETARY/TREASURER/DIR., ASSET & PR 0 178281 0 0 0 0 0 6544 0 15789 0 200614 0 0 PART I, LINE 3 THE COMPENSATION OF THE EXECUTIVE DIRECTOR IS ESTABBLISHED 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., 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 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 73 LOISAIDA HOUSING DEVELOPMENT FUND CORP 108 NORFOLK ST NEW YORK NY 10002 933417619 PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORK 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 BREMOND KING DAVIS LLC 108 NORFOLK STREET NEW YORK NY 10002 473857307 PROVIDE AFFORDABLE RENTAL HOUSING NY RELATED 1 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