Nycha I Housing Developement Fund Corporation
Nycha I Housing Developement Fund Corporation reported $209.0 million in revenue and $62.3 million in expenses for calendar year 2024. Of every $100 it spent, $100.00 went to program services, $0.00 to management and general costs and $0.00 to fundraising. Its largest source of revenue was contributions and grants: 84.2% of the total. Government grants made up 84.2%. The highest compensation it reported for one person was $527,354 (PRESIDENT & CEO). Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $62MFor context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $209MInvestment income was negative: −$27M. The bar shows the positive sources only.
The 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 100.0% | 87.5% |
| Management & general Part IX 25(C) ÷ 25(A) | 0.0% | 10.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 84.2% | 17.0% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 84.2% | 1.0% |
| Program service revenue share Part VIII 2g ÷ 12 | 28.8% | 66.2% |
| Highest reported compensation Part VII-A, columns D–F | $527,354 | $300,863 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.85% | 1.57% |
| People paid over $100,000 Part VII, line 2 | 0 | 5 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -140.5 | 10.0 |
| Independent voting board members Part VI 1a–1b | 1 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseHighest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PRESIDENT & CEO Director/trustee, officer, 0.10 hrs/week | $0 | $431,082 | $96,272 | $527,354 |
| VICE PRESIDENT Director/trustee, officer, 0.10 hrs/week | $0 | $314,365 | $73,039 | $387,404 |
| SECRETARY AND TREASURER Director/trustee, officer, 0.10 hrs/week | $0 | $321,499 | $46,075 | $367,574 |
| FIRST FINANCIAL OFFICER Officer, 0.10 hrs/week | $0 | $287,440 | $75,697 | $363,137 |
| CHIEF ACCOUNTING OFFICER Officer, 0.10 hrs/week | $0 | $244,200 | $55,922 | $300,122 |
| ASSISTANT TREASURER Officer, 0.10 hrs/week | $0 | $257,779 | $36,943 | $294,722 |
| MEMBER Director/trustee, 0.10 hrs/week | $0 | $4,455 | $0 | $4,455 |
0 people received more than $100,000 in reportable compensation from Nycha I Housing Developement Fund Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.7M (Part IX, line 5).
2 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 1 independent
- Audited financial statements Part XII 2bNo
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from Nycha I Housing Developement Fund Corporation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Nycha I Housing Developement Fund Corporation, you can publish a response that is linked from this page.
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Of every $100 Nycha I Housing Developement Fund Corporation spent in 2024, $100.00 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Philadelphia Housing Development CorporationPhiladelphia, PA · revenue $197M · programs 81.0% · FY2025
- Preservation Freehold CompanyLewisville, TX · revenue $215M · programs 89.1% · 2024
- WesthabYonkers, NY · revenue $179M · programs 92.3% · 2024
- Masonic Villages of the Grand Lodge of PennsylvaniaElizabethtown, PA · revenue $263M · programs 87.9% · 2024
- Hope NetworkGrand Rapids, MI · revenue $175M · programs 90.8% · FY2025
All housing & shelter charities · Largest charities in New York
Questions people ask
How much of Nycha I Housing Developement Fund Corporation's spending goes to programs?
In calendar year 2024, Nycha I Housing Developement Fund Corporation reported that 100.0% of its $62.3 million in expenses went to program services, 0.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Nycha I Housing Developement Fund Corporation pay its top executive?
The largest total compensation Nycha I Housing Developement Fund Corporation reported for one person in calendar year 2024 was $527,354, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Nycha I Housing Developement Fund Corporation get its money?
Of $209.0 million in revenue in calendar year 2024, 84.2% came from contributions and grants (including 84.2% from government grants) and 28.8% from program service revenue (Form 990, Part VIII).
Is Nycha I Housing Developement Fund Corporation a registered charity?
The IRS lists EIN 80-0546640 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202513189349316516 · read the filing · XML
- 2023: Form 990 for calendar year 2023 (amended), object 202423189349301032 · read the filing
All filings for EIN 80-0546640: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.