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New York · Nonprofit

NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION

NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $0 to it, the largest being The New York and Presbyterian Hospital ($0). 0 of them have funded it in more than one year.

Revenue FY2024
$209M
Funders on record
1
Grants received
$0
Net assets
$-729802008
0/1 repeat funders
01What it does

What Nycha I Housing Developement Fund Corporation does

Mission

To faciliate housing for persons of low income in new york city.

As stated on its FY2024 Form 990.

Program

  1. The organization's mission is to facilitate housing for persons of low income in new york city by receiving grants from the new york city housing authority and investing those proceeds in major repairs and improvements to public housing.

The program described on its FY2023 Form 990.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 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 = 20232023 Revenue 100 ($28M) Expenses 0 ($0) Net assets 100 ($28M)2024 Revenue 740 ($209M) Expenses 100 ($62M) Net assets -2586 ($-729802008)
20232024
Revenue (740)Expenses (100)Net assets (-2586)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 $28M to $376M (+1232%).

$28M
$376M
20232024
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.

2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2023 100% · 2024 84%. Grants only. Government contracts and fees sit inside program revenue.

84% of NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (15% for the typical peer).

This organization
Typical peer · 37 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$28M
’23
$147M
’24
5.7
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

Lisa Bova-Hiatt

President & CEO

As listed on its FY2024 Form 990.

20232024
Listed77
Joined·+0
No longer listed·0
03Who funds it
04Its place in the field

Against its field

NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION runs a healthier operating margin than three-quarters of the 35 housing & shelter nonprofits its size.

Operating margin70% · top quartile
Months of reserve5.7mo · top quartile
Revenue growth (annualized)640% · outside the comparable range

this organization peer median middle 50% of peers· 35 housing & shelter nonprofits over $100M, FY2024

Organizations like NYCHA I HOUSING DEVELOPEMENT 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

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
25%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

100%

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 27 related entities

  • Nycha Public Housing Preservation I LLC · disregarded
  • Nycha Ocean Bay LLC · disregarded
  • Nycha Brooklyn Pact II LLC · disregarded
  • New York City Housing Authority · exempt
  • Nycha II Hdfc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for NYCHA I HOUSING DEVELOPEMENT 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 NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION?
NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION (New York) receives grants from 1 organization whose IRS filings report $0 to it, the largest being The New York and Presbyterian Hospital ($0). 0 of them have funded it in more than one year.
How many funders does NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION have?
IRS filings report 1 organization giving $0 in grants to NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION.
Who is the largest funder of NYCHA I HOUSING DEVELOPEMENT FUND CORPORATION?
The New York and Presbyterian Hospital is the largest funder on record, with $0 in grants. The full list of funders is on this page.
How can an organization like NYCHA I HOUSING DEVELOPEMENT 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.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), 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