ONE RIVERSIDE PARK HOUSING DEVELOPMENT FUND CORPORATION
505 eighth avenue 5th floor, new york, NY 10018 www.breakingground.org

Total Revenue
$665,881
Total Expenses
$537,267
Net Assets
$236,784

Organizations Filed Purposes: ONE RIVERSIDE PARK HOUSING DEVELOPMENT FUND CORPORATION ("ONE RIVERSIDE") WAS ORGANIZED ON JULY 27, 2015 UNDER SECTION 402 OF THE NOT-FOR-PROFIT CORPORATION LAW OF THE STATE OF NY. ONE RIVERSIDE IS A NOT-FOR-PROFIT CHARITABLE ORGANIZATION EXEMPT FROM INCOME AND EXCISE TAXES UNDER SECTION 501(C)(4) OF THE INTERNAL REVENUE CODE. ONE RIVERSIDE WAS FORMED FOR THE CHARITABLE PURPOSE OF OPERATING A HOUSING PROJECT AT 40 RIVERSIDE BOULEVARD, NEW YORK CITY, WHICH PROVIDES HOUSING TO LOW-INCOME SINGLE ADULTS.

OPERATION OF A HOUSING PROJECT TO PROVIDE HOUSING AND EMPLOYMENT SERVICES TO ELIGIBLE YOUNG ADULTS, FORMERLY HOMELESS & LOW INCOME SINGLE ADULTS.

One Riverside Park Housing Development Fund Corporation ("One Riverside") was formed for the charitable purpose of owning, rehabilitating and operating a supportive housing project at 40 Riverside Boulevard, New York City. One Riverside owns and manages the buildings 55 permanently affordable apartments, located in a rapidly transforming neighborhood. With a mix of studio, one- and two-bedroom apartments, 40 Riverside is home to low-income individuals and families with children (at or below 60% of the area median income).

Executives Listed on Filing

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

NameTitleHours Per WeekTotal Salary
Kevin MoranCHIEF FINANCIAL OFFICER1$0
Ian ShrankChairman(As of 03/2018)0.06$0
Benjamin StacksTREASURER0.02$0
Robert Sidelichairman (Thru 03/2018)0.06$0
David BeerVICE PRESIDENT1$0
Toby ShermanSECRETARY0.25$0
Brenda RosenPRESIDENT & CEO1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/201923169349306307_public.xml