St Marks Brownsville Housing Development Fund Corporation

Nonprofit profile at a glance

EIN
141971582
IRS 990-EZ coverage
2010–2025
Forms available
Form 990-EZ 2025, Form 990-N 2015
Location
New York, NY, USA
Phone
2123899300
Rating confidence
Limited
Sector
Housing Development, Construction, Management

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$353,620
Liabilities
$12,265

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

12 people listed

Executive titles in this filing

  • BRENDA ROSEN (PRESIDENT & CEO)

People named in this filing

  • BRENDA ROSEN (PRESIDENT & CEO)
  • KEVIN MORAN (CFO)
  • NICHOLAS TSANG (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 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

St. Marks brownsville housing development fund corporation's primary exempt purpose is to acquire and/or develop property for the benefit of breaking ground housing development fund and its affiliated tax-exempt organizations.

What it reported doing in 2025

Program service accomplishment 1st. Marks brownsville housing development fund corporation is the managing member of the partnership entity that owns the low-income housing facility known as the domenech. The domenech is breaking ground's first residence designed specifically for low income seniors, many of whom have a history of chronic homelessness. Located in brownsville, brooklyn, the seven-story building contains a mix of one-bedroom and studio apartments. Breaking ground coordinates on-site social services to assist residents in connecting with community resources, advocating for entitlements, and coordinating home care and medical services. As managing member, the organization did not undertake any active program service activities in 2025.

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
No current program activity. The filing reports no program spending for the current year.

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: 41
  • Sustainability: 2
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 50%; rating input score 50; 0th percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: 0.03; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -55.8% per year; rating input score 0; 8th percentile among comparable filings
  • Revenue growth: Limited
  • Asset growth: 0.1% per year; rating input score 100; 38th 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 · 12 people listed
  • Consistency: 5 of 6 current checks pass · 1 finding to review
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker 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.

  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • High — Growth: Program expense growth scored 0/100.