Skip to content

New York · Nonprofit

PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP

PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP (New York) receives grants from 1 organization whose IRS filings report $200,000 to it, the largest being THE NEW YORK COMMUNITY TRUST ($200,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$1.1M
Funders on record
1
Grants received
$200k
Net assets
$27M
0/1 repeat funders
01What it does

What Preserving City Neighborhoods Housing Development Fund Corp does

Mission

The corporation is organized exclusively for the purpose of perserving and creating, on a non-profit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities, it seeks to prevent and eliminate blight and foster the stablization of communities throughout new york city.

As stated on its FY2024 Form 990.

Program

  1. The corporation is organized exclusively for the purpose of preserving and creating, on a nonprofit basis, housing projects for persons of low and moderate income. During the year, the organization continued to maintain and dispose of the properties in accordance with federal, state and city regulations.

    $509,342 spent$328,505 earned by the program
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $509,342.

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 ($953k) Expenses 100 ($566k) Net assets 100 ($16M)2018 Revenue 1365 ($13M) Expenses 268 ($1.5M) Net assets 171 ($28M)2019 Revenue 59 ($561k) Expenses 221 ($1.2M) Net assets 167 ($27M)2020 Revenue 87 ($825k) Expenses 195 ($1.1M) Net assets 165 ($27M)2021 Revenue 51 ($486k) Expenses 158 ($897k) Net assets 163 ($26M)2022 Revenue 186 ($1.8M) Expenses 184 ($1.0M) Net assets 167 ($27M)2023 Revenue 87 ($829k) Expenses 123 ($695k) Net assets 168 ($27M)2024 Revenue 114 ($1.1M) Expenses 115 ($652k) Net assets 171 ($27M)
'17'18'19'20'21'22'23'24
Revenue (114)Expenses (115)Net assets (171)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 2017 to 2018, from $19M to $33M (+69%).

$19M
$33M
$31M
$31M
$29M
$27M
$27M
$28M
'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: 2020 24% · 2022 28% · 2023 24% · 2024 36%. Grants only. Government contracts and fees sit inside program revenue.

36% of PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP’s revenue is contributions — about as donation-reliant as the typical peer (39% for the typical peer).

This organization
Typical peer · 4,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$387k
’17
$11M
’18
−$687k
’19
−$277k
’20
−$411k
’21
$727k
’22
$134k
’23
$433k
’24
201
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.

'17'18'19'20'21'22'23'24
Listed77777797
Joined·+0+3+2+7+0+2+0
No longer listed·0327002
03Who funds it

Who funds it, year by year

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

Funder
'24*
total
funders
1

1 of 1 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 100% 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 PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP’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 PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Too little is directly attributable to place on a map.

Funder states come from each funder’s own filing. $200k 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.

04Its place in the field

Against its field

PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP runs a healthier operating margin than three-quarters of the 3,973 housing & shelter nonprofits its size.

Operating margin40% · top quartile
Months of reserve200.8mo · top quartile
Revenue growth (annualized)2% · bottom quartile

this organization peer median middle 50% of peers· 3,973 housing & shelter nonprofits $1M–$10M, FY2024

Organizations like PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND 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

78% of spending goes to programs.

Program 78%Management 22%Fundraising 0%

Governance

5
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 9 related entities

  • Pnc LLC · disregarded
  • Enterprise Community Partners Inc · exempt
  • Local Initiatives Support Corp · exempt
  • Neighborhood Renewal Hdfc · exempt
  • Neighborhood Restore Hdfc · exempt

Screen this organization

A dated, signed PDF of the compliance screen for PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND 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 PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP?
PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP (New York) receives grants from 1 organization whose IRS filings report $200,000 to it, the largest being THE NEW YORK COMMUNITY TRUST ($200,000). 0 of them have funded it in more than one year, and 100% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP have?
IRS filings report 1 organization giving $200,000 in grants to PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP.
Who is the largest funder of PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND CORP?
THE NEW YORK COMMUNITY TRUST is the largest funder on record, with $200,000 in grants. The full list of funders is on this page.
How can an organization like PRESERVING CITY NEIGHBORHOODS HOUSING DEVELOPMENT FUND 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 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