Geel East 162nd Street Housing Development Fund Corporation

BRONX, NY EIN: 31-1679290

Geel East 162nd Street Housing Development Fund Corporation is a private foundation focused on Housing & Shelter, based in BRONX, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it made $1.3M in qualifying distributions. Net investment income was $79K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$8.3M

+1.5% YoY

Revenue

$1.4M

+27.6% YoY

Qualifying Distributions

$1.3M

+26.7% YoY

Expenses

$1.4M

+24.6% YoY

Under IRS private-foundation payout rules, Geel East 162nd Street Housing Development Fund Corporation reported a distributable amount of $196K for 2024 — the minimum it must pay out in qualifying distributions.

About Geel East 162nd Street Housing Development Fund Corporation

Based on IRS filings

Geel East 162nd Street Housing Development Fund Corporation is a private foundation focused on Housing & Shelter, based in BRONX, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.3M in total assets. In 2024, it made $1.3M in qualifying distributions. Net investment income was $79K.

Focus Areas

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$379K$758K$1M$2M20202021202220232024
Metric202420232022
Total Assets$8,338,712$8,211,771$8,158,808
Revenue$1,377,913$1,079,555$959,154
Expenses$1,357,974$1,089,811$1,127,295
Qualifying Distributions$1,261,461$995,916$1,047,963
Net Investment Income$78,738
Distributable Amount$195,790$204,011$200,338

Giving Over Time

Total grant dollars and number of grants per year

$0$0.25$0.5$0.75$10 grants20200 grants20210 grants20220 grants20230 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 0 recipients in 2024

Grant Size Distribution

0 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for 2024.

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

No officer/director data available.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Geel East 162nd Street Housing Development Fund Corporation?

Geel East 162nd Street Housing Development Fund Corporation is a private foundation focused on Housing & Shelter, based in BRONX, NY. It holds $8.3M in total assets as of 2024.

How large is Geel East 162nd Street Housing Development Fund Corporation?

As of 2024, Geel East 162nd Street Housing Development Fund Corporation holds $8.3M in total assets with $1.4M in annual revenue.

How much is Geel East 162nd Street Housing Development Fund Corporation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Geel East 162nd Street Housing Development Fund Corporation reported a distributable amount of $196K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Geel East 162nd Street Housing Development Fund Corporation's EIN?

Geel East 162nd Street Housing Development Fund Corporation's EIN (Employer Identification Number) is 31-1679290. IRS Form 990 filing data is available on this page for 2020–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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