Restored Homes Housing Development Fund Corporation
The corporation is organized exclusively for the purpose of preserving and creating, on a nonprofit basis, housing projects for persons of low and moderate income. In addition to promoting affordable housing opportunities,it seeks to prevent and eliminate blight and foster the stabilization of communities throughout New York city.
Restored Homes Housing Development Fund Corporation at a glance
- Total assets
- $16,158,584
- -15.3% vs 2023
- Revenue (2024)
- $1,297,050
- -6.8% vs 2023
- Net investment income (2024)
- $407,775
- +51.7% vs 2023
- Expenses (2024)
- $4,339,553
- +312.7% vs 2023
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Restored Homes Housing Development Fund Corporation funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $218K (2023) to $500K (2022). In 2023 it made 1 grant totaling $218K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Restoring Urban Neighborhoods LLC New York, NY | Affordable Housing | $218,100 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $16,158,584 | $1,297,050 | $4,339,553 | — | — | $407,775 |
| 2023 | $19,083,678 | $1,391,758 | $1,051,508 | $218,100 | 1 | $268,742 |
| 2022 | $18,974,158 | $1,221,445 | $1,334,533 | $500,000 | 1 | $82,871 |
| 2021 | $19,539,526 | $472,260 | $594,571 | — | — | $29,865 |
| 2020 | $19,654,734 | $839,041 | $1,619,497 | — | — | $56,321 |
About Restored Homes Housing Development Fund Corporation
Based on IRS filings
Restored Homes Housing Development Fund Corporation is a public charity focused on Housing & Shelter, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $16.2M in total assets. Net investment income was $408K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Restored Homes Housing Development Fund Corporation is led by Brian Segel, President on every filing since 2020; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Brian Segel
President
On filings since 2020
1 hr/week
No compensation reported
Christie Peale
Director
On filings since 2020
1 hr/week
No compensation reported
Jane Silverman
Director
On filings since 2020
1 hr/week
No compensation reported
Annetta Seecharran
Director
On filings since 2023
1 hr/week
No compensation reported
Tonya Ores
Director
On filings since 2023
1 hr/week
No compensation reported
Salvatore D'avola
Assistant Secretary
Assistant Se → Assistant Secretary, 2021
On filings since 2020
2 hrs/week
$27K (2020) → $0 (2024)
Nicolas Lembo
Vice President
On filings since 2020
1 hr/week
No compensation reported
Richard Pinner
Assistant Secretary
Assistant Se → Assistant Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Arturo Suarez
Treasurer
On filings since 2023
1 hr/week
No compensation reported
Victoria Rowe Barreca
Secretary
On filings since 2023
1 hr/week
No compensation reported
Former officers (7)
- Former: Kimberly Darga (2020–2023) — Outgoing Director
- Former: Lydia Tom (2020–2023) — Outgoing Secretary
- Former: Valerie White (2021–2023) — Outgoing Treasurer
- Former: Xiomara Pedraza (2023) — Director
- Former: Jessica Yager (2020–2022) — Outgoing Director
- Former: Jim Baek (2020) — Director
- Former: Msvalerie White (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $18K, to Mr Salvatore D'Avola (Assistant Secretary).
Frequently asked questions about Restored Homes Housing Development Fund Corporation
How large is Restored Homes Housing Development Fund Corporation?
Restored Homes Housing Development Fund Corporation reported $16.2M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.3M.
What is Restored Homes Housing Development Fund Corporation?
Restored Homes Housing Development Fund Corporation is a public charity focused on Housing & Shelter, based in New York, NY. It holds $16.2M in total assets as of 2024.
Where does Restored Homes Housing Development Fund Corporation operate?
Restored Homes Housing Development Fund Corporation has awarded grants in New York.
What is Restored Homes Housing Development Fund Corporation's EIN?
Restored Homes Housing Development Fund Corporation's EIN (Employer Identification Number) is 20-3853610. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 30, 2024)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in Restored Homes Housing Development Fund Corporation's focus areas in our free grants database
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