VANMEW HOUSING DEVELOPMENT FUND CORPORATION
230 KINGSTON AVENUE, BROOKLYN, NY 11213

Total Revenue
$299,374
Total Expenses
$346,507
Net Assets
$-512,585

Organizations Filed Purposes: VANMEW HOUSING DEVELOPMENT FUND CORPORATION (THE "CORPORATION") HAS ENTERED INTO REGULATORY AND FINANCING AGREEMENTS WITH THE NEW YORK STATE HOUSING FINANCE AGENCY AND THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION DEVELOPMENT (HPD) TO ACQUIRE APARTMENT BUILDINGS FOR PURPOSES OF OPERATING AND MAINTAINING RENTAL PROPERTIES AT APPROVED RATES FOR PERSONS OF LOW-INCOME.

DURING 2019, THE CORPORATION PROVIDED HOUSING TO LOW-INCOME TENANTS IN ITS 30 RESIDENTIAL AND 1 COMMERCIAL UNITS HOUSED IN FOUR MULTI-STORY BUILDINGS (THE "PROJECT"). SINCE THE PROJECT WAS DEVELOPED THROUGH PROCEEDS OF LONG-TERM LOANS UNDER THE ARTICLE VIII OF THE PRIVATE HOUSING FINANCE LAW OF THE STATE OF NEW YORK AND THE CITY OF NEW YORK HOUSING PRESERVATION AND DEVELOPMENT (HPD), THE CORPORATION CONTINUOUSLY OPERATE, MAINTAIN AND MANAGE THE PROJECT IN ACCORDANCE WITH THE REQUIREMENTS OF HPD, SPECIFICALLY IN TERMS OF ADMITTING ELIGIBLE TENANTS ONLY.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Allyson Franklin EsqSECRETARY (BEG. 10/2019)2$0
Carmen Lourdes MartinezVICE CHAIR (BEG. 10/2019)2$0
Charles ThomasCHAIRMAN (BEG. 10/2019)4$0
Michael BaileyMEMBER2$0
Sonia ClarkeMEMBER2$0
Alecia D MasonMEMBER2$0
Mary HobsonMEMBER2$0
A Kenneth PembertonASST. TREASURER (UNTIL 10/2019)2$0
Steve CromityTREASURER2$0
Nizjoni GranvilleSECRETARY (UNTIL 10/2019)2$0
Charles ThomasVICE CHAIR (UNTIL 10/2019)2$0
Russell L TaylorCHAIRMAN (UNTIL 10/2019)4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202003219349308920_public.xml