New York · Nonprofit
Fordham Bedford Housing Corporation
Fordham Bedford Housing Corporation (New York) receives grants from 7 organizations whose IRS filings report $2,236,141 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($1,900,000). 3 of them have funded it in more than one year.
- Revenue FY2024
- $7.3M
- Funders on record
- 7
- Grants received
- $2.2M
- Net assets
- $68M
What Fordham Bedford Housing Corporation does
Mission
Fbhc was formed for the purpose of promoting, developing and managing low and moderate income housing, providing assistance to low income families and combating community deterioration in the fordham bedford section and surrounding areas of the northwest bronx.
As stated on its FY2024 Form 990.
Programs
Fbhc provides direct property management for low income housing buildings.
$4,373,081 spent$5,882,586 earned by the program76% of program spendingFbhc provides social service to the community. This consists of after-school programs, summer recreational activities for the children, english as a second language and citizenship courses, among others.
$429,199 spent$238,302 earned by the program7% of program spendingFbhc develops and renovates multifamily affordable rental housing projects in the northwest bronx.
$949,681 spent$642,563 earned by the program17% of program spending
The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $5,751,961.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2017 to 2018, from $57M to $62M (+9%).
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.
Government-grant reliance: 2017 10% · 2018 0% · 2019 1% · 2020 1% · 2021 9% · 2022 2%. Grants only. Government contracts and fees sit inside program revenue.
3% of Fordham Bedford Housing Corporation’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 8 reported years ran a deficit.
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.
Chief executive
Heng Ly
Chief executive officer
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income fell $1.9M → $55k.
1 of 7 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 4% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of Fordham Bedford Housing 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.
How concentrated its funding is
Fordham Bedford Housing Corporation leans on a few funders — its largest provides 85% of grant income and the top three 97%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
97% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund Fordham Bedford Housing Corporation.
Largest funder’s share by year: 2017 99% · 2018 59% · 2019 100% · 2020 98% · 2021 100% · 2022 95% · 2023 91% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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
91% of Fordham Bedford Housing Corporation's grant income comes from New York funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $100k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
Fordham Bedford Housing Corporation holds deeper cash reserves than three-quarters of the 3,973 housing & shelter nonprofits its size.
this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024
Organizations like Fordham Bedford Housing 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
91% of spending goes to programs.
Governance
Public support
96%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 45 related entities
- Serviam Gardens I Gp LLC · disregarded
- Fordham Bedford Community Services Inc · exempt
- New Walton Avenue Hdfc · exempt
- 100 E 182nd Street Hdfc · exempt
- New Fordham Hdfc Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Fordham Bedford Housing 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.
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 Fordham Bedford Housing Corporation?
- Fordham Bedford Housing Corporation (New York) receives grants from 7 organizations whose IRS filings report $2,236,141 to it, the largest being LOCAL INITIATIVES SUPPORT CORPORATION ($1,900,000). 3 of them have funded it in more than one year.
- How many funders does Fordham Bedford Housing Corporation have?
- IRS filings report 7 organizations giving $2,236,141 in grants to Fordham Bedford Housing Corporation, 3 of which have funded it in more than one year.
- Who is the largest funder of Fordham Bedford Housing Corporation?
- LOCAL INITIATIVES SUPPORT CORPORATION is the largest funder on record, with $1,900,000 in grants. The full list of funders is on this page.
- How can an organization like Fordham Bedford Housing 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.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 7 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