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New York · Nonprofit

MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION

MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $13,898 to it, the largest being ENTERPRISE COMMUNITY LOAN FUND INC ($13,898). 0 of them have funded it in more than one year.

Revenue FY2024
$264k
Funders on record
1
Grants received
$14k
Net assets
$-666242
0/1 repeat funderspeak grant-dependency 5%
01What it does

What Madison Street Housing Development Fund Corporation does

Mission

The corporation was established for the purposes of developing and operating, on a non-profit basis, a housing project for persons of low income in new york city where no adequate housing exists for such persons.

As stated on its FY2024 Form 990.

Program

  1. Operates a low-income housing building with 20 units.

    $327,112 spent$264,150 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $327,112.

02The organization over time

The organization over time

Each line starts at 100 in 2018, so what you read is the shape rather than the size: 150 means half as much again as 2018, 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 = 20182018 Revenue 100 ($221k) Expenses 100 ($256k)2019 Revenue 97 ($213k) Expenses 100 ($256k)2020 Revenue 115 ($254k) Expenses 103 ($263k)2021 Revenue 110 ($243k) Expenses 131 ($336k)2022 Revenue 106 ($235k) Expenses 138 ($353k)2023 Revenue 110 ($242k) Expenses 138 ($354k)2024 Revenue 120 ($264k) Expenses 149 ($381k)
2018201920202021202220232024
Revenue (120)Expenses (149)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 2022 to 2023, from $3.7M to $3.6M (−3%).

$4.1M
$4.0M
$4.0M
$3.9M
$3.7M
$3.6M
$3.5M
2018201920202021202220232024
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.

2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

0% of MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (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. 7 of the last 7 reported years ran a deficit.

−$35k
’18
−$43k
’19
−$9k
’20
−$93k
’21
−$118k
’22
−$111k
’23
−$117k
’24
0.8
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.

2018201920202021202220232024
Listed7676655
Joined·+0+1+1+3+1+0
No longer listed·102320
03Who funds it

Who funds it, year by year

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

Funder
'20
total
funders
1

From the IRS filings of MADISON STREET 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

MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION 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

MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION's revenue grew 20% between 2018 and 2024.

Operating margin−44% · bottom quartile
Months of reserve0.8mo · below the median
Revenue growth (annualized)3% · below the median

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

Organizations like MADISON STREET 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

86% of spending goes to programs.

Program 86%Management 14%Fundraising 0%

Governance

4
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

99%

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 33 related entities

  • 4 NYC Housing Inc · exempt
  • Aafe Community Development Fund Inc · exempt
  • Aafe Fair Housing Center Inc · exempt
  • Aafe New Americans Opportunity Fund Inc · exempt
  • Asian American Housing Development Fund Company Inc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for MADISON STREET 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 MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION?
MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $13,898 to it, the largest being ENTERPRISE COMMUNITY LOAN FUND INC ($13,898). 0 of them have funded it in more than one year.
How many funders does MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION have?
IRS filings report 1 organization giving $13,898 in grants to MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION.
Who is the largest funder of MADISON STREET HOUSING DEVELOPMENT FUND CORPORATION?
ENTERPRISE COMMUNITY LOAN FUND INC is the largest funder on record, with $13,898 in grants. The full list of funders is on this page.
How can an organization like MADISON STREET 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 Madison Street 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 2018–2024), 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