Civic Intelligence

The Greater Hunts Point Economic Development Corporation

EIN 13-3475185 • 501(c)3 • Bronx, NY

Profile

Ghpedc operates to enhance the image and working environment for over 650 businesses located in the hunts point industrial park and distribution center. Ghpedc also provide businesses with various programs that include a chamber of commerce, business outreach services, financial services, employment, training and recruitment, commercial revitalization and industrial park maintenance.

1231 Lafayette Ave Sub BasementBronx, NY 10474

www.ghpedc.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.67x

Higher debt load relative to assets than 96% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Liabilities / Revenue

98th percentile

3.33x

Higher debt load relative to revenue than 98% of similar nonprofits.

NTEE S • <$500k nonprofits • Source year 2024

Net Margin

84th percentile

78%

Higher net margin than 84% of similar nonprofits.

NTEE S31 • <$500k nonprofits • Source year 2024

Top Officer Pay

79th percentile

$0

Higher top officer pay than 79% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

NTEE S31 • <$500k nonprofits • Source year 2024

Asset Growth

84th percentile

50%

Faster asset growth than 84% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

69th percentile

20%

Faster revenue growth than 69% of similar nonprofits.

NTEE S • <$500k nonprofits • Annualized from 2023 to 2024

Assets

Up

$174,645

Up $58,201 (+50%) from 2023

Liabilities

Down

$291,772

Down $10,000 (-3.3%) from 2023

Net Assets

Up

-$117,127

Up $68,201 (+37%) from 2023

Revenue

Up

$87,548

Up $14,869 (+20%) from 2023

Expenses

Up

$19,347

Up $2,175 (+13%) from 2023

Net Income

Up

$68,201

Up $12,694 (+23%) from 2023

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.0M$500K$0-$500KAssets 2010: $152,379Liabilities 2010: $277,432Net Assets 2010: -$125,0532010Assets 2011: $100,051Liabilities 2011: $181,168Net Assets 2011: -$81,1172011Assets 2012: $136,392Liabilities 2012: $213,789Net Assets 2012: -$77,3972012Assets 2013: $164,682Liabilities 2013: $286,804Net Assets 2013: -$122,1222013Assets 2014: $153,923Liabilities 2014: $332,812Net Assets 2014: -$178,8892014Assets 2015: $70,733Liabilities 2015: $382,558Net Assets 2015: -$311,8252015Assets 2016: $16,082Liabilities 2016: $390,834Net Assets 2016: -$374,7522016Assets 2017: $33,393Liabilities 2017: $404,5422017Assets 2020: $182,757Liabilities 2020: $522,138Net Assets 2020: -$339,3812020Assets 2021: $220,337Liabilities 2021: $511,732Net Assets 2021: -$291,3952021Assets 2022: $61,387Liabilities 2022: $302,222Net Assets 2022: -$240,8352022Assets 2023: $116,444Liabilities 2023: $301,772Net Assets 2023: -$185,3282023Assets 2024: $174,645Liabilities 2024: $291,772Net Assets 2024: -$117,1272024

Highlighted filing

2024

Assets$174,645
Liabilities$291,772
Net Assets-$117,127

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$600K$400K$200K$0-$200KRevenue 2010: $528,362Expenses 2010: $466,632Net Income 2010: $61,7302010Revenue 2011: $473,644Expenses 2011: $429,708Net Income 2011: $43,9362011Revenue 2012: $470,989Expenses 2012: $467,269Net Income 2012: $3,7202012Revenue 2013: $130,238Expenses 2013: $118,353Net Income 2013: $11,8852013Revenue 2014: $314,272Expenses 2014: $371,039Net Income 2014: -$56,7672014Revenue 2015: $183,336Expenses 2015: $316,272Net Income 2015: -$132,9362015Revenue 2016: $85,009Expenses 2016: $147,936Net Income 2016: -$62,9272016Revenue 2017: $14,639Expenses 2017: $11,036Net Income 2017: $3,6032017Revenue 2020: $142,522Expenses 2020: $92,222Net Income 2020: $50,3002020Revenue 2021: $102,137Expenses 2021: $54,151Net Income 2021: $47,9862021Revenue 2022: $69,378Expenses 2022: $18,818Net Income 2022: $50,5602022Revenue 2023: $72,679Expenses 2023: $17,172Net Income 2023: $55,5072023Revenue 2024: $87,548Expenses 2024: $19,347Net Income 2024: $68,2012024

Highlighted filing

2024

Revenue$87,548
Expenses$19,347
Net Income$68,201

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$1.75$2.92$1.17$0.88$0.19$0.68
2023Detailed filing. Detailed filing data is available for this year.$1.16$3.02$1.85$0.73$0.17$0.56
2022Detailed filing. Detailed filing data is available for this year.$0.61$3.02$2.41$0.69$0.19$0.51
2021Detailed filing. Detailed filing data is available for this year.$2.20$5.12$2.91$1.02$0.54$0.48
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.83$5.22$3.39$1.43$0.92$0.50
2017Summary only. Only limited summary data is available for this year.$0.33$4.05$0.15$0.11$0.04
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.16$3.91$3.75$0.85$1.48$0.63
2015Detailed filing. Detailed filing data is available for this year.$0.71$3.83$3.12$1.83$3.16$1.33
2014Summary only. Only limited summary data is available for this year.$1.54$3.33$1.79$3.14$3.71$0.57
2013Summary only. Only limited summary data is available for this year.$1.65$2.87$1.22$1.30$1.18$0.12
2012Summary only. Only limited summary data is available for this year.$1.36$2.14$0.77$4.71$4.67$0.04
2011Summary only. Only limited summary data is available for this year.$1.00$1.81$0.81$4.74$4.30$0.44
2010Summary only. Only limited summary data is available for this year.$1.52$2.77$1.25$5.28$4.67$0.62
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 31, 2025
Return Version
2024v5.2
Gross Receipts
$87,548
Mission and Program Overview

Mission

Ghpedc operates to enhance the image and working environment for over 650 businesses located in the hunts point industrial park and distribution center. Ghpedc also provide businesses with various programs that include a chamber of commerce, business outreach services, financial services, employment, training and recruitment, commercial revitalization and industrial park maintenance.

Ghpedc operates to enhance the image and working environment for over 650 businesses located in the hunts point industrial park and distribution center. Ghpedc also provide businesses with various programs that include a chamber of commerce, business outreach services, financial services, employment, training and recruitment, and commercial revitalization.

Program Services

DescriptionGrantsExpenses
PROVIDES TECHNICAL ASSISTANCE TO ASPIRING BUSINESSES IN THE SECTION OF HUNTS POINT, BRONX, NEW YORK.$0$0
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
BERENICE DIAZTreasurer/VP Of Finance-$0--
FERNANDO MARTINEZSecretary-$0--
JAMES LANFRANCHIBoard Member-$0--
NICHOLAS MADIOBoard Member-$0--
PALOMA HERNANDEZChair-$0--
Filing and Contact Details

Filer

Filer Name
The Greater Hunts Point Economic
EIN
13-3475185
Phone
7185891687
Address
1231 LAFAYETTE AVE SUB BASEMENT, BRONX, NY 10474

Signing Officer

Name
Paloma Hernandez
Title
Chair
Phone
7185891687
Signed
2025-10-31
Discuss with paid preparer
Yes

Preparer

Firm
Cohnreznick Advisory LLC
Address
1301 AVENUE OF THE AMERICAS, NEW YORK, NY 10019
Preparer
Lori Rothe Yokobosky
Phone
2122970400
Supplemental Narrative

Additional Explanations

Form 990-ez, Part I, Line 8 - Other Revenue

Description: misc. Income. Amount: 10,000.

Form 990-ez, Part I, Line 16 - Other Expenses

Description: office expenses. Amount: 251. Description: insurance. Amount: 4,124. Description: marketing. Amount: 265. Description: events expense. Amount: 12,769. Total to form 990-ez, line 16: 17,409.

Form 990-ez, Part II, Line 24 - Other Assets

Description: prepaid expenses. Beg. Of year amount: 4,830. End of year amount: 1,167.

Form 990-ez, Part II, Line 26 - Other Liabilities

Description: due to related party. Beg. Of year amount: 301,772. End of year amount: 291,772.

Raw XML Appendix178 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4PALOMA HERNANDEZ
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0TREASURER/VP OF FINANCE
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3BOARD MEMBER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4CHAIR
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt04830
IRS990EZ/OtherAssetsTotalDetail/EOYAmt01167
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt017409
IRS990EZ/OtherRevenueTotalAmt010000
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0GHPEDC OPERATES TO ENHANCE THE IMAGE AND WORKING ENVIRONMENT FOR OVER 650 BUSINESSES LOCATED IN THE HUNTS POINT INDUSTRIAL PARK AND DISTRIBUTION CENTER. GHPEDC ALSO PROVIDE BUSINESSES WITH VARIOUS PROGRAMS THAT INCLUDE A CHAMBER OF COMMERCE, BUSINESS OUTREACH SERVICES, FINANCIAL SERVICES, EMPLOYMENT, TRAINING AND RECRUITMENT, AND COMMERCIAL REVITALIZATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROVIDES TECHNICAL ASSISTANCE TO ASPIRING BUSINESSES IN THE SECTION OF HUNTS POINT, BRONX, NEW YORK.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0WWW.GHPEDC.ORG
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0MISC INCOME - 2020 AMOUNT: $ 9,751. 2022 AMOUNT: $ 980. 2023 AMOUNT: $ 100. 2024 AMOUNT: $ 10,000.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:
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IRS990ScheduleA/TotalSupportAmt0474264
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
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IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: MISC. INCOME. AMOUNT: 10,000.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: OFFICE EXPENSES. AMOUNT: 251. DESCRIPTION: INSURANCE. AMOUNT: 4,124. DESCRIPTION: MARKETING. AMOUNT: 265. DESCRIPTION: EVENTS EXPENSE. AMOUNT: 12,769. TOTAL TO FORM 990-EZ, LINE 16: 17,409.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: PREPAID EXPENSES. BEG. OF YEAR AMOUNT: 4,830. END OF YEAR AMOUNT: 1,167.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3DESCRIPTION: DUE TO RELATED PARTY. BEG. OF YEAR AMOUNT: 301,772. END OF YEAR AMOUNT: 291,772.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 8 - OTHER REVENUE
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
TransferPrsnlBnftContractsDecl/DeclarationDesc0THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0PALOMA HERNANDEZ
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CHAIR
ReturnHeader/BusinessOfficerGrp/PhoneNum07185891687
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-31
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0THE GREATER HUNTS POINT ECONOMIC
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0GREA
ReturnHeader/Filer/EIN0133475185
ReturnHeader/Filer/PhoneNum07185891687
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ReturnHeader/PreparerPersonGrp/PhoneNum02122970400
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-21
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0LORI ROTHE YOKOBOSKY
ReturnHeader/ReturnTs02025-11-06T11:20:39-06:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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