Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2023.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
81 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
Something off? Claim to add context
Who runs it and what they're paid
10 people listed on the 990.
Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2Yes
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Offers housing for low-income seniors.
Questions for 1490 Estates Housing Development Fund
Your first name shows with your question. 1490 Estates Housing Development Fund answers here, for everyone.
The company operates a hud regulated housing project for low income elderly persons.
Form 990 Part III, line 4, FY2021. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 16-1498651) · Dispute this lineFunders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Federal money
The auditor reported no findings.
The auditor reported no findings.
The auditor reported 2 findings.
The auditor reported 1 finding.
By the numbers
The FY2021 990, line by line.
Download 990
| Line | Start FY21 | End FY21 |
|---|---|---|
| Cash and savingsLn 1–2 | $1K | $3K |
| Land, buildings, equipmentLn 10c | $1.3M | $1.2M |
| Total assetsLn 16 | $1.8M | $1.7M |
| LiabilitiesLn 26 | $55K | $87K |
| Net assetsLn 32 | $1.8M | $1.6M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Other salaries and wagesLn 7 | $112K | $86K | $27K | |
| Other employee benefitsLn 9 | $5K | $3K | $2K | |
| Payroll taxesLn 10 | $18K | $10K | $8K | |
| Management feesLn 11a | $45K | $45K | ||
| Accounting feesLn 11c | $2K | $2K | ||
| Other fees for servicesLn 11g | $118K | $112K | $7K | |
| Advertising and promotionLn 12 | $2K | $2K | ||
| Office expensesLn 13 | $13K | $13K | ||
| OccupancyLn 16 | $46K | $46K | ||
| Depreciation, depletion and amortizationLn 22 | $157K | $157K | ||
| InsuranceLn 23 | $22K | $22K | ||
| Other expenses (24a–d)Ln 24 | $48K | $48K | ||
| All other expensesLn 24e | $6K | $1K | $5K | |
| Total functional expensesLn 25 | $595K | $484K | $110K | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2023 LatestFiled with the IRS Nov 11, 2024 | $932K | $564K | $368K | $0 | 990 PDF |
| FY2022Filed with the IRS Nov 10, 2023 | $406K | $739K | −$334K | $1.2M | 990 PDF |
| FY2021 ViewingFiled with the IRS Jun 29, 2022 | $389K | $595K | −$206K | $1.6M | 990 PDF |
| FY2020Filed with the IRS May 27, 2021 | $388K | $538K | −$150K | $1.8M | 990 PDF |
Schedules filed Part IV
See the full FY2021 990
Part I · Summary $388,914 revenue, 12 lines filed
Part VI · Governance 10 of 10 board members independent, 3 to look at
Part VIII · Statement of revenue $388,914 across 4 lines filed
Part IX · Statement of functional expenses $594,567 across 13 lines filed
Part X · Balance sheet $1,659,830 assets, 12 lines filed
Part XI · Reconciliation of net assets $1,573,290 net assets at year end
Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File
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