FURP.ORG / PUBLIC DATA EXPLORER

ASIAN AMERICANS FOR EQUALITY INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
ASIAN AMERICANS FOR EQUALITY INC (EIN 13-3187792)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202543219349311519
Schema version
2024v5.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T12:42:58-06:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN873707167PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CBIZ ADVISORS LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1685 THIRD AVENUEAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10017ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN133187792EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ASIAN AMERICANS FOR EQUALITY INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlASIABusinessNameControlTxt
Phone2129798381PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1108 NORFOLK STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10002ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTHOMAS YUPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone2129798381PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMAGDALENA CZERNIAWSKIPreparerPersonNm
PTINP00535099PTIN
Phone2125038800PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Principal OfficerTHOMAS YUPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1108 NORFOLK STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10002ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$21,136,711GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.AAFE.ORGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1974FormationYr
Legal Domicile StateNYLegalDomicileStateCd
Activity Or MissionASIAN AMERICANS FOR EQUALITY, INC. (AAFE) ADVANCES THE RIGHTS OF ASIAN AMERICANS, AND THOSE IN NEED, THROUGH ADVOCACY FOR CIVIL RIGHTS, AFFORDABLE HOUSING, ECONOMIC DEVELOPMENT, AND IMMIGRANT SERVICES.ActivityOrMissionDesc
Voting Members Governing Body17VotingMembersGoverningBodyCnt
Voting Members Independent17VotingMembersIndependentCnt
Total Employee65TotalEmployeeCnt
Total Volunteers14TotalVolunteersCnt
Total Gross UBI$2,418,875TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$6,804,011PYContributionsGrantsAmt
CY Contributions Grants$11,135,090CYContributionsGrantsAmt
PY Program Service Revenue$4,053,068PYProgramServiceRevenueAmt
CY Program Service Revenue$3,327,539CYProgramServiceRevenueAmt
PY Investment Income$1,288PYInvestmentIncomeAmt
CY Investment Income$43,627CYInvestmentIncomeAmt
PY Other Revenue$36,814PYOtherRevenueAmt
CY Other Revenue$1,487,373CYOtherRevenueAmt
PY Total Revenue$10,895,181PYTotalRevenueAmt
CY Total Revenue$15,993,629CYTotalRevenueAmt
PY Grants And Similar Paid$768,484PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$1,306,360CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$4,832,987PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$5,709,332CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$284,345CYTotalFundraisingExpenseAmt
PY Other Expenses$4,237,280PYOtherExpensesAmt
CY Other Expenses$5,271,961CYOtherExpensesAmt
PY Total Expenses$9,838,751PYTotalExpensesAmt
CY Total Expenses$12,287,653CYTotalExpensesAmt
PY Revenues Less Expenses$1,056,430PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$3,705,976CYRevenuesLessExpensesAmt
Total Assets BOY$27,979,358TotalAssetsBOYAmt
Total Assets EOY$24,208,966TotalAssetsEOYAmt
Total Liabilities BOY$19,741,338TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,276,829TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$8,238,020NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$11,932,137NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO ADVANCE RACIAL, SOCIAL AND ECONOMIC JUSTICE FOR ASIAN AMERICANS AND OTHER SYSTEMATICALLY DISADVANTAGED COMMUNITIES BY CREATING AFFORDABLE HOUSING AND ECONOMIC OPPORTUNITY, PROVIDING AN ARRAY OF MULTILINGUAL COMMUNITY SERVICES AND FOSTERING GRASSROOTS LEADERSHIP AND CIVIC ENGAGEMENT.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$5,242,160ExpenseAmt
Grant$1,306,360GrantAmt
Revenue$1,184,512RevenueAmt
DescPLANNING AND DEVELOPMENT: IN THE PAST THREE DECADES, ASIAN AMERICANS FOR EQUALITY HAS DEVELOPED AND PRESERVED MORE THAN 1,200 AFFORDABLE APARTMENTS IN IMMIGRANT AND LOW-INCOME COMMUNITIES ACROSS NEW YORK CITY. THE GOAL OF OUR HOUSING DEVELOPMENT WORK IS TO CREATE SAFE AND HEALTHY HOMES FOR LOW- AND MIDDLE-INCOME INDIVIDUALS AND FAMILIES, PROVIIDNG THE HOUSING STABILITY THEY NEED TO THRIVE AND PRESERVING THE ESSENTIAL CHARACTER OF OUR DIVERSE NEIGHBORHOODS. AAFE'S PLANNING & DEVELOPMENT TEAM HAS A STRONG TRACK RECORD OF INNOVATION, PIONEERING VARIOUS PROGRAMS THAT HAVE BECOME CITYWIDE MODELS, INCLUDING THE USE OF LOW-INCOME TAX CREDITS TO BUILD AFFORDABLE HOUSING, THE CITY'S AFFORDABLE HOUSING COOPERATIVE PROGRAM AND THE POST 9/11 CHINATOWN/LOWER EAST SIDE PRESERVATION.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$1,988,068ExpenseAmt
Revenue$1,709,846RevenueAmt
DescCOMMUNITY OUTREACH AND EDUCATION: AAFE'S OUTREACH AND EDUCATION PROGRAMS ARE DESIGNED TO EMPOWER COMMUNITY MEMBERS TO BECOME INFORMED AND ENGAGED MEMBERS IN THEIR BUILDINGS, NEIGHBORHOODS AND CIVIC ORGANIZATIONS. EACH YEAR, THOUSANDS OF INDIVIDUALS ATTEND OUR MULTILINGUAL EDUCATIONAL WORKSHOPS AND COMMUNITY EVENTS AND PARTICIPATE IN OUR ADVOCACY CAMPAIGNS. AAFE WORKS TO REGISTER VOTERS, ORGANIZE RENT STABILIZED TENANTS AND ENGAGE IMMIGRANT YOUTH AND LOW-INCOME SENIORS. MORE THAN 100 VOLUNTEERS HELP STAFF OUR FOOD PANTRIES, BACK TO SCHOOL GIVEAWAYS AND MULTICULTURAL HOLIDAY CELEBRATIONS.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$1,453,272ExpenseAmt
Revenue$1,262,574RevenueAmt
DescHOUSING, IMMIGRATION AND SOCIAL SERVICES: THE FOUNDATION OF AAFE'S COMMUNITY SERVICES IS A STRONG BELIEF THAT EVERYONE SHOULD HAVE EQUITABLE ACCESS TO AFFORDABLE AND SAFE HOUSING, GOVERNMENT SAFETY NET PROGRAMS AND HEALTHCARE AND PATHWAYS TO U.S. CITIZENSHIP FOR THEMSELVES AND THEIR FAMILIES. WHILE MAINTAINING COMMUNITY CENTERS IN MANHATTAN'S CHINATOWN AND THE LOWER EAST SIDE AND FLUSHING AND JACKSON HEIGHTS IN QUEENS, OUR INDIVIDUAL COUNSELING SERVICES ARE AVAILABLE CITYWIDE. AAFE PROVIDES MULTILINGUAL ASSISTANCE IN ENGLISH, CHINESE, SPANISH, AND KOREAN TO HELP PREVENT HOUSING DISPLACEMENT, CONNECT LOW-INCOME COMMUITY MEMBERS WITH ESSENTIAL SOCIAL SERVICES AND IMMIGRATION ASSISTANCE.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$8,683,500TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related InvstYes (1)ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control EntYes (1)TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document73IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee65EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members17GoverningBodyVotingMembersCnt
Independent Voting Member17IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local ChaptersYes (1)LocalChaptersInd
Policies Reference ChaptersYes (1)PoliciesReferenceChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldNYStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMOStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THOMAS YUEXECUTIVE DIRECTORBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone2129642288PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1108 NORFOLK STAddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10002ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (27 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtAverage Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRtHighest Compensated EmployeeHighestCompensatedEmployeeInd
CATHERINE KIM
CHAIR3.00Yes (X)Yes (X)$0$0$0
CONNIE LEE
DIRECTOR1.00Yes (X)$0$0$0
DONNA CHIU
DIRECTOR1.00Yes (X)$0$0$00.25
GRACE ALSTER
DIRECTOR1.00Yes (X)$0$0$0
HEIDIE JOO BURWELL
SECRETARY2.00Yes (X)Yes (X)$0$0$01.00
HENG LY
DIRECTOR1.00Yes (X)$0$0$0
JENNIFER WU
DIRECTOR1.00Yes (X)$0$0$0
JIM BURKE
DIRECTOR1.00Yes (X)$0$0$00.25
JOHN LEO
DIRECTOR (OUTGOING)1.00Yes (X)$0$0$0
JUNE JEE
DIRECTOR1.00Yes (X)$0$0$0
KATHLEEN WEBSTER
DIRECTOR1.00Yes (X)$0$0$0
KENNETH COHEN
DIRECTOR1.00Yes (X)$0$0$0
KIMBERLY WILLIAMS
DIRECTOR1.00Yes (X)$0$0$0
LINA LEE
DIRECTOR1.00Yes (X)$0$0$0
LISA TALMA
DIRECTOR1.00Yes (X)$0$0$0
LYDIA TOM
VICE CHAIR4.00Yes (X)Yes (X)$0$0$00.50
PEGGY CHAN
TREASURER2.00Yes (X)Yes (X)$0$0$01.00
TURNEY SINGH BABA
DIRECTOR2.00Yes (X)$0$0$00.50
WENDY TAKAHISA
DIRECTOR (OUTGOING)2.00Yes (X)$0$0$0
JOY SUZANNE GRANADO
CHIEF ACCOUNTING OFFICER (OUTGOING)23.00Yes (X)$175,272$0$21,44615.00
MY CHANG
VICE PRESIDENT/CHIEF OF STAFF23.00Yes (X)$199,435$0$9,43015.00
THOMAS YU
CHAIRMAN/ED23.00Yes (X)$0$284,107$61,87215.00
ANDREA ALEXOPOULOS
SENIOR PROJECT MANAGER35.00$140,006$0$4,972Yes (X)
EDWARD LITVAK
DIRECTOR OF MARKETING35.00$158,725$0$14,453Yes (X)
EMILY RIOS
DIRECTOR OF COMMUNITY SERV35.00$168,137$0$13,077Yes (X)
ETHEL COFFINAS
DIRECTOR OF HUMAN RESOURCES35.00$167,302$0$13,077Yes (X)
HUI-YUAN NELSON CHAN
MANAGING DIR OF COMMUNITY23.00$206,467$0$64,38715.00Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$1,215,344TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$284,107TotReportableCompRltdOrgAmt
Total Other Compensation$202,714TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K7IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (3 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
CONTANGO
5 WEST 37TH STREETNEW YORKNY10018IT SERVICES$255,997
KASIRER LLC
120 BROADWAY STE 1010NEW YORKNY10271CONSULTING SERVICES$168,000
APOGEE EVENTS
10 DESBROSSES STREETNEW YORKNY10013VENUE AND CATERING$149,950
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K3CntrctRcvdGreaterThan100KCnt
Federated Campaigns$631,208FederatedCampaignsAmt
Fundraising$286,991FundraisingAmt
Related Organizations$6,721,242RelatedOrganizationsAmt
Government Grants$1,672,359GovernmentGrantsAmt
All Other Contributions$1,823,290AllOtherContributionsAmt
Total Contributions$11,135,090TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
RENTAL REVENUE900099$1,433,101$599,233$833,868
DEVELOPER FEES531390$850,901$850,901
MANAGEMENT FEE900099$599,546$599,546
PROGRAM SERVICE FEES541610$296,045$296,045
LOAN INTEREST900099$65,583$65,583

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$82,363TotalRevenueColumnAmt
Related Or Exempt Func Income$82,363RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$3,327,539TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$43,627TotalRevenueColumnAmt
Exclusion$43,627ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$130,455FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$286,991ContriRptFundraisingEventAmt
Fundraising Direct Expenses$228,089FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$97,634TotalRevenueColumnAmt
Exclusion-$97,634ExclusionAmt
FieldValueIRS element (for citing)
Gross Sales Of Inventory$6,500,000GrossSalesOfInventoryAmt
Cost Of Goods Sold$4,914,993CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,585,007TotalRevenueColumnAmt
Unrelated Business Revenue$1,585,007UnrelatedBusinessRevenueAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,993,629TotalRevenueColumnAmt
Related Or Exempt Func Income$2,493,671RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$2,418,875UnrelatedBusinessRevenueAmt
Exclusion-$54,007ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$1,306,360TotalAmt
Program Services$1,306,360ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$405,583TotalAmt
Program Services$273,805ProgramServicesAmt
Management And General$131,778ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$4,104,897TotalAmt
Program Services$2,865,402ProgramServicesAmt
Management And General$1,104,511ManagementAndGeneralAmt
Fundraising$134,984FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$115,337TotalAmt
Program Services$77,970ProgramServicesAmt
Management And General$34,003ManagementAndGeneralAmt
Fundraising$3,364FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$652,200TotalAmt
Program Services$443,518ProgramServicesAmt
Management And General$191,197ManagementAndGeneralAmt
Fundraising$17,485FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$431,315TotalAmt
Program Services$291,787ProgramServicesAmt
Management And General$128,265ManagementAndGeneralAmt
Fundraising$11,263FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$18,114TotalAmt
Management And General$18,114ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$168,100TotalAmt
Program Services$168,100ProgramServicesAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$469,425TotalAmt
Program Services$237,138ProgramServicesAmt
Management And General$158,362ManagementAndGeneralAmt
Fundraising$73,925FundraisingAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$12,066TotalAmt
Program Services$1,213ProgramServicesAmt
Management And General$4,038ManagementAndGeneralAmt
Fundraising$6,815FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$86,387TotalAmt
Program Services$73,276ProgramServicesAmt
Management And General$13,084ManagementAndGeneralAmt
Fundraising$27FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$277,993TotalAmt
Program Services$3,652ProgramServicesAmt
Management And General$274,341ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$857,060TotalAmt
Program Services$758,275ProgramServicesAmt
Management And General$92,645ManagementAndGeneralAmt
Fundraising$6,140FundraisingAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$41,952TotalAmt
Program Services$35,626ProgramServicesAmt
Management And General$6,326ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$42,047TotalAmt
Program Services$26,652ProgramServicesAmt
Management And General$15,395ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$586,279TotalAmt
Program Services$394,816ProgramServicesAmt
Management And General$190,771ManagementAndGeneralAmt
Fundraising$692FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$356,906TotalAmt
Program Services$179,669ProgramServicesAmt
Management And General$177,237ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$181,565TotalAmt
Program Services$164,240ProgramServicesAmt
Management And General$16,086ManagementAndGeneralAmt
Fundraising$1,239FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
PUBLIC RELATIONS$566,368$31,437$534,931
PROGRAM EQUIPMENT$364,027$242,266$113,691$8,070
MISCELLANEOUS$358,005$347,378$2,228$8,399
REPAIRS AND MAINTENANCE$284,110$266,090$17,277$743

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$601,557TotalAmt
Program Services$494,830ProgramServicesAmt
Management And General$95,528ManagementAndGeneralAmt
Fundraising$11,199FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$12,287,653TotalAmt
Program Services$8,683,500ProgramServicesAmt
Management And General$3,319,808ManagementAndGeneralAmt
Fundraising$284,345FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$1,013,214BOYAmt
EOY$285,683EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$314,819BOYAmt
EOY$4,087,533EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,050,684BOYAmt
EOY$2,684,137EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
EOY$47,645EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$128,243BOYAmt
EOY$76,879EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$6,994,203LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$2,111,308LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$9,911,420BOYAmt
EOY$4,882,895EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$1,001,132BOYAmt
EOY$3,896,903EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,559,846BOYAmt
EOY$8,247,291EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$27,979,358BOYAmt
EOY$24,208,966EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$495,238BOYAmt
EOY$770,322EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$7,524,597BOYAmt
EOY$2,479,331EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$11,721,503BOYAmt
EOY$9,027,176EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$19,741,338BOYAmt
EOY$12,276,829EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,985,544BOYAmt
EOY$11,067,808EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$1,252,476BOYAmt
EOY$864,329EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$8,238,020BOYAmt
EOY$11,932,137EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$27,979,358BOYAmt
EOY$24,208,966EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$3,705,976ReconcilationRevenueExpnssAmt
Prior Period Adjustments$237,210PriorPeriodAdjustmentsAmt
Other Changes In Net Assets-$249,069OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,940,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,809,894CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,192,301CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,804,011CurrentTaxYearMinus1YearAmt
Current Tax Year$11,135,090CurrentTaxYearAmt
Total$31,881,468TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$2,940,172CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$4,809,894CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$6,192,301CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$6,804,011CurrentTaxYearMinus1YearAmt
Current Tax Year$11,135,090CurrentTaxYearAmt
Total$31,881,468TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$853,972SubstantialContributorsTotAmt
Public Support Total170$31,027,496PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$1,728,955CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,471,675CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,288CurrentTaxYearMinus1YearAmt
Current Tax Year$43,627CurrentTaxYearAmt
Total$3,245,545TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$3,279,277CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$474,133CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$269,765CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,218CurrentTaxYearMinus1YearAmt
Current Tax Year$130,445CurrentTaxYearAmt
Total$4,228,838TotalAmt
FieldValueIRS element (for citing)
Total Support$39,355,851TotalSupportAmt
Gross Receipts Rltd Activities$15,514,644GrossReceiptsRltdActivitiesAmt
Public Support CY1700.78840PublicSupportCY170Pct
Public Support PY1700.69590PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferenceSCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:FormAndLineReferenceDesc
ExplanationMISCELLANEOUS INCOME - 2020 AMOUNT: $ 123,233. 2021 AMOUNT: $ 474,133. 2022 AMOUNT: $ 269,765. 2023 AMOUNT: $ 55,499. FUNDRAISING INCOME - 2023 AMOUNT: $ 19,719. 2024 AMOUNT: $ 130,445. INTEREST ON PROGRAM INVESTMENT - 2020 AMOUNT: $ 3,156,044.ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact LegislatorsYes (1)DirectContactLegislatorsInd
Direct Contact Legislators$168,100DirectContactLegislatorsAmt
Rallies Demonstrations0RalliesDemonstrationsInd
Other Activities0OtherActivitiesInd
Total Lobbying Expenditures$168,100TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART II-B, LINE 1:FormAndLineReferenceDesc
ExplanationTHE LOBBYING EXPENSES ARE RELATED TO BUDGET MEETINGS WITH ELECTED OFFICIALS TO DISCUSS FUNDING FOR THE PROGRAMS AND SERVICES.ExplanationTxt

Schedule D IRS990ScheduleD

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$870,244OtherCostOrOtherBasisAmt
Book Value$870,244BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$4,684,413OtherCostOrOtherBasisAmt
Depreciation$1,026,118DepreciationAmt
Book Value$3,658,295BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$775,895OtherCostOrOtherBasisAmt
Depreciation$560,116DepreciationAmt
Book Value$215,779BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$608,651OtherCostOrOtherBasisAmt
Depreciation$470,074DepreciationAmt
Book Value$138,577BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$55,000OtherCostOrOtherBasisAmt
Depreciation$55,000DepreciationAmt
Book Value$0BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$4,882,895TotalBookValueLandBuildingsAmt

Invst Program Related Org InvstProgramRelatedOrgGrp (8 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENT IN NORFOLK IIGP$102,161C
INVESTMENT IN ONE FLUSHING NP$732,423C
INVESTMENT IN NORFOLK GP$105,069C
INVESTMENT IN EVHO$49,628C
INVESTMENT IN COMMUNITY RENEWAL HDFC$7,891C
INVESTMENT IN 4NYC - LOWER EAST$234,731C
INVESTMENT IN MAGNOLIA$2,600,000C
INVESTMENT IN CHELSEA$65,000C
FieldValueIRS element (for citing)
Total Book Value Program Rltd$3,896,903TotalBookValueProgramRltdAmt

Other Assets Org OtherAssetsOrgGrp (7 entries)

DescDescBook ValueBookValueAmt
DUE FROM 501(C)(3) AFFILIATES$5,607,797
RESTRICTED RESERVES$99,841
TENANT SECURITY DEPOSIT$13,949
RIGHT-OF-USE ASSET- OPERATING$1,815,818
LEASES AND OTHER RECEIVABLES$3,098
UTILITY DEPOSIT$2,802
INV OCEAN BAY RETAIL PROJECT$703,986
FieldValueIRS element (for citing)
Total Book Value Other Assets$8,247,291TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
DUE TO AFFILIATES$4,118,504
DEFERRED RENT OBLIGATION AND OTHER PAYABLES$2,639,641
LEASE LIABILITY-OPERATING$1,867,896
OTHER LIABILITIES$401,135
FieldValueIRS element (for citing)
Total Liability$9,027,176TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$44,361,504TotalRevEtcAuditedFinclStmtAmt
Other Revenue$28,637,461OtherRevenueAmt
Revenue Not Reported$28,637,461RevenueNotReportedAmt
Revenue Subtotal$15,724,043RevenueSubtotalAmt
Other Revenues Not Included$269,586OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$269,586RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$15,993,629TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$30,877,246TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$18,589,593OtherExpensesIncludedAmt
Expenses Not Reported$18,589,593ExpensesNotReportedAmt
Expenses Subtotal$12,287,653ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$12,287,653TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE AGENCY BELIEVES IT HAD NO UNCERTAIN INCOME TAX POSITIONS AS OF DECEMBER 31, 2024 AND 2023 IN ACCORDANCE WITH 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 47,067,386. CONSOLIDATING ELIMINATIONS -18,180,856. CHANGE IN VALUATION OF INVESTMENT IN AFFILIATE -249,069.
PART XI, LINE 4B - OTHER ADJUSTMENTS:DIRECT FUNDRAISING EXPENSES 10,981. VACANCY LOSS 258,605.
PART XII, LINE 2D - OTHER ADJUSTMENTS:RELATED ENTITIES' EXPENSES 37,069,994. CONSOLIDATING ELIMINATIONS -18,210,815. DIRECT FUNDRAISING EXPENSES -10,981. VACANCY LOSS -258,605.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1STRIPESEvent1Nm
Gross Receipts Event1$417,446GrossReceiptsEvent1Amt
Charitable Contri Event1$286,991CharitableContriEvent1Amt
Gross Revenue Event1$130,455GrossRevenueEvent1Amt
Rent Facility Costs Event1$227,747RentFacilityCostsEvent1Amt
Food And Beverage Event1$342FoodAndBeverageEvent1Amt
Gross Receipts Total$417,446GrossReceiptsTotalAmt
Charitable Contributions Tot$286,991CharitableContributionsTotAmt
Gross Revenue Total Events$130,455GrossRevenueTotalEventsAmt
Rent Fclty Costs Total Events$227,747RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$342FoodAndBeverageTotalEventsAmt
Direct Expense Summary Events$228,089DirectExpenseSummaryEventsAmt
Net Income Summary-$97,634NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
AAFE COMMUNITY DEVELOPMENT FUND INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002134103352501(C)(3)$89,050$0GOLDMAN SACHS AND HUD PASS THROUGH GRANT TO AAFE CDF
RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION
2 ALLEN STREET 7TH FLOORNEW YORKNY10002133946529501(C)(3)$132,750$0GOLDMAN SACHS AND NEIGHBORWORKS PASS THROUGH GRANT TO REDC
HARDESTY RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION
PO BOX 22700KANSAS CITYMO64113453190226501(C)(3)$1,072,369$0TO RECORD CLOSE OUT HREDC COMPANY BALANCE
FieldValueIRS element (for citing)
Total501c3 Org3Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (7 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
THOMAS YU
CHAIRMAN/ED$0$284,107$0$0$0$0$0$9,895$0$51,977$0$345,979$0$0
HUI-YUAN NELSON CHAN
MANAGING DIR OF COMMUNITY$206,467$0$0$0$0$0$9,972$0$54,415$0$270,854$0$0$0
MY CHANG
VICE PRESIDENT/CHIEF OF STAFF$199,435$0$0$0$0$0$7,159$0$2,271$0$208,865$0$0$0
JOY SUZANNE GRANADO
CHIEF ACCOUNTING OFFICER (OUTGOING)$175,272$0$0$0$0$0$6,313$0$15,133$0$196,718$0$0$0
EMILY RIOS
DIRECTOR OF COMMUNITY SERV$168,137$0$0$0$0$0$0$0$13,077$0$181,214$0$0$0
ETHEL COFFINAS
DIRECTOR OF HUMAN RESOURCES$167,302$0$0$0$0$0$0$0$13,077$0$180,379$0$0$0
EDWARD LITVAK
DIRECTOR OF MARKETING$158,725$0$0$0$0$0$0$0$14,453$0$173,178$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE ORGANIZATION PROVIDES 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. A COPY OF THE FILED FORM 990 IS PROVIDED TO THE BOARD FOR THEIR RECORDS.
FORM 990, PART VI, SECTION B, LINE 12CDIRECTORS AND OFFICERS ARE PROVIDED 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. NO CONFLICTS WERE REPORTED IN THIS ROUND OF CERTIFICATIONS.
FORM 990, PART VI, SECTION B, LINE 15ATHE BOARD OF DIRECTORS REVIEWS THE EXECUTIVE DIRECTOR'S ("ED") SALARY ANNUALLY AND APPROVES ANY CHANGES. THE REVIEW TAKES INTO ACCOUNT THE ED'S PERFORMANCE, COMMUNITY CONDITIONS, COMPARISONS BETWEEN SIMILAR TYPES OF POSITIONS, NATIONAL TRENDS, AND AAFE'S FINANCIAL POSITION.
FORM 990, PART VI, SECTION C, LINE 19GOVERNING 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 XI, LINE 9:CHANGE IN VALUATION OF INVESTMENT IN AFFILIATE -249,069.
FORM 990, PART XII, LINE 2C:THE PROCESS OF OVERSEEING THE AUDIT AND SELECTION OF THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
GOLDEN ALLEN LLC
2 ALLEN STREETNEW YORKNY10002814388287PURCHASE AND OWN A CONDOMINIUMNY$113,668$3,521,533ASIAN AMERICANS FOR EQUALITY INC
ONE HARDESTY LLC
5401 INDEPENDENCE AVEKANSAS CITYMO64123812624281OPERATE A STORAGE FACILITYMO$3,022,999$1,130ASIAN AMERICANS FOR EQUALITY INC
LES 8TH STREET LLC
2 ALLEN STREETNEW YORKNY10002PROVIDE AFFORDABLE HOUSINGNY$0ASIAN AMERICANS FOR EQUALITY INC
AAFE CARE SENIOR CENTER
2 ALLEN STREETNEW YORKNY10002PROVIDE AFFORDABLE HOUSINGNY$0ASIAN AMERICANS FOR EQUALITY INC

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (24 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdExempt Code SectionExemptCodeSectionTxtPublic Charity StatusPublicCharityStatusTxtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
4 NYC HOUSING INC
141 NORFOLK STREETNEW YORKNY10002821711103PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORKNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
AAFE COMMUNITY DEVELOPMENT FUND INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002134103352PROVIDES TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTAGEGE LOANSNY501(C)(3)LINE 7ASIAN AMERICANS FOR EQUALITY INCYes (1)
AAFE FAIR HOUSING CENTER INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002133943782LEASE OFFICE SPACE IN THE JACKSON HEIGHTS NEIGHBORHOOD OF QUEENSNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
AAFE NEW AMERICANS OPPORTUNITY FUND INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002814698636PROMOTE COMMON GOOD AND WELFARE AND ECONOMIC DEVELOPMENT IN NEW YORKNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
ASIAN AMERICAN HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002133376278PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
BREMOND KING DAVIS HOUSING DEVELOPMENT FUND CORPORATION
108 NORFOLK STNEW YORKNY10002473791580DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
CHELSEA APTS HOUSING DEVELOPMENT FUND CORP
2 ALLEN STREET 7TH FLOORNEW YORKNY10002320676960MANAGING ALL OF ITS PARENT ORGANIZATION, AAFE'S HOUSING DEVELOPMENTSNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
CHINATOWN PRESERVATION HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002161755393DEVELOPING AND PRESERVING HOUSING PROJECTS FOR LOW INCOME FAMILIESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
COMMUNITY HOMES HOUSING DEVELOPMENT FUND COMPANY INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002134145926PROMOTES HOME OWNERSHIP FOR MINORITY AND UNDERSERVED POPULATIONSNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
COMMUNITY RENEWAL HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002461578773REHABILITATING A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
DOWNTOWN MANHATTAN COMMUNITY DEVELOPMENT
141 NORFOLK STREETNEW YORKNY10002133784406DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
EAST CHINATOWN HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREET GROUND FLOORNEW YORKNY10002161755397PROVIDES LOW-INCOME HOUSING IN NYC & PROMOTES AFFORDABLE HOUSINGNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
EL CARIBE HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002811091210PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
HARDESTY RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION
PO BOX 22700KANSAS CITYMO64113453190226PROVIDES FINANCIAL ASSISTANCE TO QUALIFIED INDIVIDUALS AND BUSINESSESMO501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
LOWER EAST SIDE HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002810856461PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
MADISON STREET HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002811725502PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
MONTGOMERY HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002462101950DEVELOPING A HOUSING PROJECT FOR PERSONS OF LOW INCOMENY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
ONE FLUSHING HDFC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002814301765DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
QUEENS HOUSING AND IMMIGRATION CENTER CORPORATION
2 ALLEN STREET 7TH FLOORNEW YORKNY10002900098029PROVIDES IMMIGRANT HOUSING AND SOCIAL SERVICESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION
2 ALLEN STREET 7TH FLOORNEW YORKNY10002133946529PROVIDES AFFORDABLE LOANS AND TARGETED TECHNICAL ASSISTANCENY501(C)(3)LINE 7ASIAN AMERICANS FOR EQUALITY INCYes (1)
RIVINGTON HOUSING DEVELOPMENT FUND COMPANY INC
141 NORFOLK STREETNEW YORKNY10002571230118DEVELOPING A HOUSING PROJECT FOR LOW-INCOME FAMILIESNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
STANTON NORFOLK INC
141 NORFOLK STREETNEW YORKNY10002261880608MANAGING ALL OF ITS PARENT ORGANIZATION, AAFE'S HOUSING DEVELOPMENTSNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
73 LOISAIDA HOUSING DEVELOPMENT FUND CORP
108 NORFOLK STNEW YORKNY10002933417619PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INCYes (1)
345 OVINGTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION
108 NORFOLK STNEW YORKNY10002993106866PROVIDES AFFORDABLE HOUSING DEVELOPMENT AND PRESERVATIONNY501(C)(3)LINE 10ASIAN AMERICANS FOR EQUALITY INC0

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtPredominant Income TypePredominantIncomeTypeTxtDisproportionate AllocationsDisproportionateAllocationsIndGeneral Or Managing PartnerGeneralOrManagingPartnerIndOwnershipOwnershipPctDirect Controlling NADirectControllingNACd
NORFOLK APARTMENTS II LP
141 NORFOLK STREETNEW YORKNY10002134185980PROVIDE LOW-INCOME HOUSING IN NEW YORK CITYNYASIAN AMERICANS FOR EQUALITYRELATED0Yes (1)0.00100
NORFOLK APARTMENTS LP
141 NORFOLK STREETNEW YORKNY10002133952058PROVIDE LOW-INCOME HOUSING IN NEW YORK CITYNY0Yes (1)N/A
EAST VILLAGE HOMES
302 EAST 2ND STREETNEW YORKNY10009834679494PROVIDE AFFORDABLE RENTAL HOUSINGNY00N/A
BREMOND KING DAVIS LLC
108 NORFOLK STREETNEW YORKNY10002473857307PROVIDE AFFORDABLE RENTAL HOUSINGNY0Yes (1)

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtEntity TypeEntityTypeTxtOwnershipOwnershipPctControlled OrganizationControlledOrganizationIndDirect Controlling NADirectControllingNACd
AAFE NEW AMERICAN OPPORTUNITY FUND INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002814698636PROMOTE COMMON GOOD, WELFARE, AND ECONOMIC DEVELOPMENT IN NYNYASIAN AMERICANS FOR EQUALITY INCC1.00000Yes (1)
HARMONY 106 CORP
141 NORFOLK STREETNEW YORKNY10002474677213RENOVATION OF FLUSHING, NY PROPERTYNYC0N/A
ONE FLUSHING NP LLC
141 NORFOLK STREETNEW YORKNY10002474487628RENOVATION OF FLUSHING, NY PROPERTYNYC0.57180Yes (1)N/A
EAST VILLAGE HOMES MANAGER CORP
2 ALLEN STREET 7TH FLOORNEW YORKNY10002842532839HOLDING COMPANYNYC0N/A
EAST VILLAGE HOUSING DEVELOPMENT FOUND COMPANY INC
2 ALLEN STREET 7TH FLOORNEW YORKNY10002841971812HOLDING COMPANYNYC0N/A
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts RyltsYes (1)ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other OrgYes (1)LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth OrgYes (1)LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset ExchangeYes (1)AssetExchangeInd
Rental Of Facilities To Oth OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth OrgYes (1)RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other OrgYes (1)ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
HARDESTY RENAISSANCE ECONOMIC DEVELOPMENT CORPORATION
B$1,072,369ACCRUAL ACCOUNTING
AAFE COMMUNITY DEV FUND INC
B$89,050ACCRUAL ACCOUNTING
RENAISSANCE ECONOMIC DEV CORP
B$132,750ACCRUAL ACCOUNTING