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New York · Nonprofit

HIGHBRIDGE COMMUNITY DEVELOPMENT CORP

HIGHBRIDGE COMMUNITY DEVELOPMENT CORP (New York) receives grants from 2 organizations whose IRS filings report $10,452 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($10,452). 0 of them have funded it in more than one year.

Revenue FY2024
$3.3M
Funders on record
2
Grants received
$10k
Net assets
$15M
0/2 repeat funderspeak grant-dependency 0%
01What it does

What Highbridge Community Development Corp does

Mission

The organization assists in the development and management of affordable housing in the bronx. The organization also provides tenant services for the residents of the highbridge section with the overall goal of improving the neighborhood.

As stated on its FY2024 Form 990.

Program

  1. Hcdc has successfully developed, manages, and operates over 2,500 moderate and low-income units throughout numerous neighborhoods in the bronx. We specialize in multiple services such as real estate management and development, property management, and communitydevelopment. Hcdc is committed to working with residents, businesses, and religious organizations throughout the borough to make the bronx a great place to live and work by providing housing that is affordable, well-designed, secure, and professionally managed.

    $854,895 spent$3,081,855 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $854,895.

02The organization over time

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.

100 = 20172017 Revenue 100 ($7.1M) Expenses 100 ($5.7M) Net assets 100 ($21M)2018 Revenue 41 ($2.9M) Expenses 88 ($5.0M) Net assets 90 ($19M)2019 Revenue 106 ($7.5M) Expenses 105 ($6.0M) Net assets 41 ($8.8M)2020 Revenue 104 ($7.3M) Expenses 100 ($5.7M) Net assets 49 ($10M)2021 Revenue 123 ($8.7M) Expenses 113 ($6.5M) Net assets 59 ($13M)2022 Revenue 44 ($3.1M) Expenses 40 ($2.3M) Net assets 63 ($13M)2023 Revenue 44 ($3.1M) Expenses 43 ($2.5M) Net assets 66 ($14M)2024 Revenue 47 ($3.3M) Expenses 42 ($2.4M) Net assets 70 ($15M)
'17'18'19'20'21'22'23'24
Revenue (47)Expenses (42)Net assets (70)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 2018 to 2019, from $23M to $9.3M (−60%).

$31M
$23M
$9.3M
$12M
$13M
$14M
$15M
$16M
'17'18'19'20'21'22'23'24
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.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2021 8%. Grants only. Government contracts and fees sit inside program revenue.

5% of HIGHBRIDGE COMMUNITY DEVELOPMENT CORP’s revenue is contributions — about as donation-reliant as the typical peer (61% for the typical peer).

This organization
Typical peer · 4,434 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 8 reported years ran a deficit.

$1.3M
’17
−$2.1M
’18
$1.5M
’19
$1.6M
’20
$2.2M
’21
$838k
’22
$644k
’23
$914k
’24
8.9
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.

Chief executive

Kobina Arhin

SVP/CEO

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2019 and FY2020, and between the FY2020 and FY2021 filings.

'17'18'19'20'21'22'23'24
Listed1413131211101213
Joined·+0+0+0+2+1+3+3
No longer listed·1013212
03Who funds it

Who funds it, year by year

2020 → 2021: the base held at 1 funder, grant income fell $10k → $0.

Funder
'20
'21
total
funders
1
1

Left out of every figure on this page: $1.0M from one payer (the payer shares this organization's board, largest Highbridge Community Housing Development Fund Corp). These are real filings, and they are not money HIGHBRIDGE COMMUNITY DEVELOPMENT CORP raised.

From the IRS filings of HIGHBRIDGE COMMUNITY DEVELOPMENT CORP’s funders (the co-funder graph). Top 1 of 2 funders by total. 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

HIGHBRIDGE COMMUNITY DEVELOPMENT CORP draws 100% of its grant income from funders outside New York, across 1 state in all.

MD

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

HIGHBRIDGE COMMUNITY DEVELOPMENT CORP runs a healthier operating margin than three-quarters of the 4,203 community improvement nonprofits its size.

Operating margin28% · top quartile
Months of reserve8.9mo · above the median
Revenue growth (annualized)−10% · bottom quartile

this organization peer median middle 50% of peers· 4,203 community improvement nonprofits $1M–$10M, FY2024

Organizations like HIGHBRIDGE COMMUNITY DEVELOPMENT CORP

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

36% of spending goes to programs.

Program 36%Management 64%Fundraising 0%

Governance

7
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

47%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

NY

Part of a family of 11 related entities

  • Highbridge Community Housing Development · exempt
  • Highbridge Senior Housing Development · exempt
  • Highbridge Tpt Housing Development Fund · exempt
  • Highbridge Voices · exempt
  • Kips Bay Community Association Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HIGHBRIDGE COMMUNITY DEVELOPMENT CORP: 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.

A paid feature, included from the $75 plan up. Sign in to download.

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 HIGHBRIDGE COMMUNITY DEVELOPMENT CORP?
HIGHBRIDGE COMMUNITY DEVELOPMENT CORP (New York) receives grants from 2 organizations whose IRS filings report $10,452 to it, the largest being ENTERPRISE COMMUNITY PARTNERS INC ($10,452). 0 of them have funded it in more than one year.
How many funders does HIGHBRIDGE COMMUNITY DEVELOPMENT CORP have?
IRS filings report 2 organizations giving $10,452 in grants to HIGHBRIDGE COMMUNITY DEVELOPMENT CORP.
Who is the largest funder of HIGHBRIDGE COMMUNITY DEVELOPMENT CORP?
ENTERPRISE COMMUNITY PARTNERS INC is the largest funder on record, with $10,452 in grants. The full list of funders is on this page.
How can an organization like HIGHBRIDGE COMMUNITY DEVELOPMENT CORP 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 2 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