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Abyssinian Development Corporation

Public charity
Other · NEW YORK, NY · EIN 13-3552154

About

A comprehensive community development corporation focused on providing affordable housing to low and moderate income families and social services, principally educational programs in the areas of college/career readiness, STEM, and district-based initiatives to improve student outcomes and homeownership workshops for first-time home buyers.

Donations are tax-deductible
Category
Other
Employees
24
Volunteers
0

Financial Snapshot

FY ending 2024-12-31
Revenue
$31.9M
Expenses
$23.2M
Assets
$118.2M
Liabilities
$98.5M

Financial history

$31.9M$16.0M$0
2021222324
RevenueExpenses
Latest FY2024: $31.9M · Avg: $15.8M
ABYSSINIAN DEVELOPMENT CORPORATION
Your actions

Address

2283 ADAM Clayton Powell JR BLVD
New YORK, NY, 10030-282

Governance

Voting board members10
Independent members10
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
990 reviewed by boardNo

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planNo
Initial contract exceptionNo
Public records
ProPublica Nonprofit Explorer
Full 990 PDFs going back to 2001, plus parsed financial extracts. The easiest place to read actual filings.
IRS Tax Exempt Organization Search
IRS-side authoritative source. Confirms current exempt status and pulls the latest determination letter.
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