FAC RENAISSANCE HOUSING DEVELOPMENT FUND CORPORATION

BROOKLYN, NY, 11217-4596 (718) 237-2017 Est. 2015 EIN 81-1004692

L20— Housing & Shelter Form 990 501(c)(4)

Mission

THE MISSION OF THE ORGANIZATION IS TO DEVELOP, MAINTAIN AND PROVIDE DECENT AND AFFORDABLE HOUSING FOR QUALIFIED LOW-INCOME INDIVIDUALS IN THE BROOKLYN, NEW YORK AREA.

Financials

Total Revenue

$1,653,250

Total Expenses

$1,756,369

Net Assets

$-1,622,541

1 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

11.1 months deficit Deficit

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 16.6%

Expenses ↑ 5.7%

Revenue Sources

Contributions 14.5% Earned revenue 81.6% Other 4.0%

Expense Breakdown

Program 95.4% Management 4.6%

Officers & Key Employees (3)

We treat individual compensation with extra care. Named amounts are on Grow plans.

Grants Received (3)

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Filing History (5 filings)

Year	Revenue	Expenses	Net Assets
2024 Form 990	$1,653,250 ↑	$1,756,369	$-1,622,541
2023 Form 990	$1,417,932 ↑	$1,662,334	$-1,519,422
2022 Form 990	$1,328,049 ↑	$1,672,935	$-1,275,020
2020 Form 990	$1,248,949 ↑	$1,751,993	$-539,611
2018 Form 990	$1,033,017	$986,230	$97,275