Civic Intelligence

10 Freedom Place Housing

EIN 47-5005707 • 501(c)3 • New York, NY

Profile

10 freedom place 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.

505 Eighth Avenue 5th FloorNew York, NY 10018

www.breakingground.org

Siviq Scores

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

Liabilities / Assets

100th percentile

81.74x

Higher debt load relative to assets than 100% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Liabilities / Revenue

Score unavailable

No value available

Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.

Source year 2024

Net Margin

Score unavailable

No value available

Net margin requires both revenue and expenses on the latest valid filing.

Source year 2024

Top Officer Pay

87th percentile

$0

Higher top officer pay than 87% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Source year 2024

Asset Growth

14th percentile

-68%

Faster asset growth than 14% of similar nonprofits.

NTEE L20 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

A valid growth rate could not be computed from the available filing history.

Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets100th percentile

Assets

Down

$250

Down $540 (-68%) from 2023

Liabilities

Down

$20,434

Down $540 (-2.6%) from 2023

Net Assets

Flat

-$20,184

Flat from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

Flat

$0

Flat from 2023

Expenses

Flat

$0

Flat from 2023

Net Income

Flat

$0

Flat from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth14th percentile

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

$100K$50K$0-$50KAssets 2018: $57,891Liabilities 2018: $74,229Net Assets 2018: -$16,3382018Assets 2019: $690Liabilities 2019: $20,874Net Assets 2019: -$20,1842019Assets 2020: $690Liabilities 2020: $20,874Net Assets 2020: -$20,1842020Assets 2021: $690Liabilities 2021: $20,874Net Assets 2021: -$20,1842021Assets 2022: $790Liabilities 2022: $20,974Net Assets 2022: -$20,1842022Assets 2023: $790Liabilities 2023: $20,974Net Assets 2023: -$20,1842023Assets 2024: $250Liabilities 2024: $20,434Net Assets 2024: -$20,1842024

Highlighted filing

2024

Assets$250
Liabilities$20,434
Net Assets-$20,184
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$300K$200K$100K$0-$100KRevenue 2018: $193,646Expenses 2018: $204,308Net Income 2018: -$10,6622018Revenue 2019: $27,033Expenses 2019: $30,879Net Income 2019: -$3,8462019Revenue 2020: $0Expenses 2020: $0Net Income 2020: $02020Revenue 2021: $0Expenses 2021: $0Net Income 2021: $02021Revenue 2022: $0Expenses 2022: $0Net Income 2022: $02022Revenue 2023: $0Expenses 2023: $0Net Income 2023: $02023Revenue 2024: $0Expenses 2024: $0Net Income 2024: $02024

Highlighted filing

2024

Revenue$0
Expenses$0
Net Income$0
Open 2024 Filing

Filings

Most recent year

2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$250
Liabilities
$20,434
Net assets
-$20,184
Revenue
$0
Expenses
$0
Net income
$0
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$0.00$0.20$0.20$0.00$0.00$0.00
2023Detailed filing. Detailed filing data is available for this year.$0.01$0.21$0.20$0.00$0.00$0.00
2022Detailed filing. Detailed filing data is available for this year.$0.01$0.21$0.20$0.00$0.00$0.00
2021Detailed filing. Detailed filing data is available for this year.$0.01$0.21$0.20$0.00$0.00$0.00
2020Detailed filing. Detailed filing data is available for this year.$0.01$0.21$0.20$0.00$0.00$0.00
2019Detailed filing. Detailed filing data is available for this year.$0.01$0.21$0.20$0.27$0.31$0.04
2018Detailed filing. Detailed filing data is available for this year.$0.58$0.74$0.16$1.94$2.04$0.11
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 19, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

10 freedom place 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.

Program Services

DescriptionGrantsExpenses
PROGRAM SERVICE ACCOMPLISHMENT 1THE ORGANIZATION DID NOT CONDUCT ANY PROGRAMMATIC ACTIVITIES IN 2024. THE BUILDING PROJECT INTENDED TO BE DEVELOPED BY BREAKING GROUND DID NOT MATERIALIZE AND ACCORDINGLY THIS ORGANIZATION IS CURRENTLY INACTIVE UNTIL SUCH TIME AS A NEW PROJECT IS COMMENCED.$0$0
Compensation and Service Providers
Top Officer Pay87th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
BRENDA E ROSENPresident & CEO-$0--
KEVIN MORANCFO-$0--
DAVID BEERVice President-$0--
JUDITH ROSENFELDSecretary-$0--
BENJAMIN STACKSTreasurer-$0--
NICHOLAS TSANGChairman-$0--
Filing and Contact Details

Filer

Filer Name
10 Freedom Place Housing
EIN
47-5005707
Phone
2123899300
Address
505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY 10018

Signing Officer

Name
Kevin Moran
Title
CFO
Phone
2123899300
Signed
2025-09-19
Discuss with paid preparer
Yes

Preparer

Firm
Grant Thornton Advisors LLC
Address
757 THIRD AVENUE 3RD FLOOR, NEW YORK, NY 10017-2013
Preparer
Scott Thompsett
Phone
2125990100
Supplemental Narrative

Additional Explanations

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

“Description: due from affiliates. Beg. Of year amount: 0. End of year amount: 250.”

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

“Description: due to affiliates. Beg. Of year amount: 20,974. End of year amount: 20,434.”

Raw XML Appendix161 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/TitleTxt0PRESIDENT & CEO
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1CFO
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3SECRETARY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt5CHAIRMAN
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt00
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0250
IRS990EZ/OtherChangesInNetAssetsAmt00
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IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt010 FREEDOM PLACE 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.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0PROGRAM SERVICE ACCOMPLISHMENT 1THE ORGANIZATION DID NOT CONDUCT ANY PROGRAMMATIC ACTIVITIES IN 2024. THE BUILDING PROJECT INTENDED TO BE DEVELOPED BY BREAKING GROUND DID NOT MATERIALIZE AND ACCORDINGLY THIS ORGANIZATION IS CURRENTLY INACTIVE UNTIL SUCH TIME AS A NEW PROJECT IS COMMENCED.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
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IRS990EZ/ProhibitedTaxShelterTransInd00
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IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
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IRS990EZ/TanningServicesProvidedInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
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IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: DUE FROM AFFILIATES. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 250.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: DUE TO AFFILIATES. BEG. OF YEAR AMOUNT: 20,974. END OF YEAR AMOUNT: 20,434.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 26 - OTHER LIABILITIES
ReturnHeader/BuildTS02025-03-06 01:10:19Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd01
ReturnHeader/BusinessOfficerGrp/PersonNm0KEVIN MORAN
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0CFO
ReturnHeader/BusinessOfficerGrp/PhoneNum02123899300
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-09-19
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt010 FREEDOM PLACE HOUSING
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0DEVELOPMENT FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt010FR
ReturnHeader/Filer/EIN0475005707
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ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
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ReturnHeader/PreparerPersonGrp/PhoneNum02125990100
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0SCOTT THOMPSETT
ReturnHeader/ReturnTs02025-09-19T14:28:23-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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