One Flushing Housing Development Fund Corporation
Nonprofit profile at a glance
- EIN
- 814301765
- IRS 990-EZ coverage
- 2019–2024
- Forms available
- Form 990-EZ 2024, Form 990-N 2021
- Location
- New York, NY, USA
- Phone
- 2129642288
- Rating confidence
- Limited
Reported finances
- Expenses
- $3,217
- Assets
- $7,562
- Liabilities
- $10,467
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
5 people listed
Executive titles in this filing
- THOMAS YU (PRESIDENT/ED)
People named in this filing
- STACEY BLIAGOS (DIRECTOR)
- LOLA MAROULIS (DIRECTOR)
- HSUEH LAM YAN (SECRETARY)
Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.
Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
One flushing housing development fund corporation, (hereafter the "fund", or "one flushing") was formed exclusively for the purpose of developing and operating a housing project for persons of low income. In furtherance of such purpose, the corporation shall lessen the burdens of government and provide sociial welfare by lessening neighborhood tensions and combating community deterioration.
What it reported doing in 2024
The project is described as a low income affordable housing project. A 100% of the facilities are rented to individuals meeting specific income restrictions. Recertification and proof of eligibility is made on an annual basis. The project is located in the borough of queens.
Operating model
- Revenue model
- Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
- Distribution model
- Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.
The verdict
- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.
Rating breakdown
- Financial Efficiency: NotEnoughData
- Transparency & Controls: 82
- Sustainability: 23
- Growth: 20
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: Limited
- Program expense ratio: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
- Major donor itemization: Limited
Sustainability
- Operating margin: Limited
- Total-asset coverage ratio: 2.35; rating input score 53; 53rd percentile among comparable filings
- Liabilities to assets ratio: 1.38; rating input score 10; 10th percentile among comparable filings
- Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings
Growth
- Program expense growth: Limited
- Revenue growth: -47.2% per year; rating input score 0; 20th percentile among comparable filings
- Asset growth: 7.1% per year; rating input score 100; 82nd percentile among comparable filings
Details
- Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
- Governance: Filed governance answers
- Accomplishments: 1 filed program accomplishment
- Leadership: top reported pay $0 · 5 people listed
- Consistency: 4 of 4 current checks pass
- Schedules: 2 filed schedules
- Filing history: 5 filing years from 2019 to 2024
- Contacts: How to reach this organization
- Related organizations: Filed and resolved organization relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Growth: Revenue growth scored 0/100.
- Review — Sustainability: Total-asset coverage ratio scored 53/100.
- High — Sustainability: Liabilities to assets ratio scored 10/100.
- Review — Sustainability: Officer compensation ratio scored 51/100.