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New York · Nonprofit

FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION

FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $96,000 to it, the largest being FIFTH AVENUE COMMITTEE INC ($96,000). 1 of them have funded it in more than one year.

Revenue FY2024
$571k
Funders on record
1
Grants received
$96k
Net assets
$-1978084
1/1 repeat funderspeak grant-dependency 11%
01What it does

What Fac Preservation Housing Development Fund Corporation does

Mission

The mission of the organization is to own and operate five apartment buildings to qualified low income individuals in the brooklyn, new york area.

As stated on its FY2024 Form 990.

Program

  1. The organization's apartment buildings contain 26 apartments and were occupied during the year.

    $552,582 spent$405,065 earned by the program
    100% of program spending

The program described on its FY2023 Form 990. Program spending in total: $552,582.

02The organization over time

The organization over time

Each line starts at 100 in 2020, so what you read is the shape rather than the size: 150 means half as much again as 2020, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20202020 Revenue 100 ($416k) Expenses 100 ($615k)2021 Revenue 92 ($385k) Expenses 101 ($619k)2022 Revenue 114 ($474k) Expenses 92 ($569k)2023 Revenue 103 ($427k) Expenses 93 ($569k)2024 Revenue 137 ($571k) Expenses 99 ($608k)
20202021202220232024
Revenue (137)Expenses (99)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.4M to $3.7M (+8%).

$3.8M
$3.6M
$3.5M
$3.4M
$3.7M
20202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2024 18%. Grants only. Government contracts and fees sit inside program revenue.

27% of FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION’s revenue is contributions — about as donation-reliant as the typical peer (37% for the typical peer).

This organization
Typical peer · 8,334 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 5 reported years ran a deficit.

−$199k
’20
−$234k
’21
−$95k
’22
−$142k
’23
−$37k
’24
1.1
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

20202021202220232024
Listed33334
Joined·+0+0+0+1
No longer listed·0000
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'23
'24*
total
funders
1
1

From the IRS filings of FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION's grant income comes from New York funders.

NY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION has grown faster than half of the 7,828 housing & shelter nonprofits its size.

Operating margin−7% · below the median
Months of reserve1.1mo · below the median
Revenue growth (annualized)8% · above the median

this organization peer median middle 50% of peers· 7,828 housing & shelter nonprofits $100k–$1M, FY2024

Organizations like FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 42 related entities

  • 130 29th Street Housing Development · exempt
  • 50th Street Housing Development Fun · exempt
  • 573 Warren Street Housing Developme · exempt
  • 575 Fifth Avenue Housing Developmen · exempt
  • 588 Park Place Housing Development · exempt

Screen this organization

A dated, signed PDF of the compliance screen for FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION?
FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $96,000 to it, the largest being FIFTH AVENUE COMMITTEE INC ($96,000). 1 of them have funded it in more than one year.
How many funders does FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION have?
IRS filings report 1 organization giving $96,000 in grants to FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION, 1 of which have funded it in more than one year.
Who is the largest funder of FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION?
FIFTH AVENUE COMMITTEE INC is the largest funder on record, with $96,000 in grants. The full list of funders is on this page.
How can an organization like FAC PRESERVATION HOUSING DEVELOPMENT FUND CORPORATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Fac Preservation Housing Development →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2020–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing