Civic Intelligence

One Flushing Housing Development Fund Corporation

EIN 81-4301765 • 501(c)3 • New York, NY

Profile

One flushing housing development fund corporation, (hereafter the "fund", or "one flushing") was formed exclusively for the purpose of developing and operating a housing project for persons of low income. In furtherance of such purpose, the corporation shall lessen the burdens of government and provide sociial welfare by lessening neighborhood tensions and combating community deterioration.

141 Norfolk StNew York, NY 10002

n/A

Siviq Scores

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

Liabilities / Assets

95th percentile

1.38x

Higher debt load relative to assets than 95% of similar nonprofits.

501(c)3 • <$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

81st percentile

$0

Higher top officer pay than 81% of similar nonprofits.

501(c)3 • <$500k nonprofits • Source year 2024

Asset Growth

60th percentile

3.4%

Faster asset growth than 60% of similar nonprofits.

501(c)3 • <$500k nonprofits • Annualized from 2023 to 2024

Revenue Growth

Score unavailable

No value available

No valid filing value is available for this score.

Balance Sheet
Liabilities / Assets95th percentile

Assets

Up

$7,562

Up $250 (+3.4%) from 2023

Liabilities

Up

$10,467

Up $3,467 (+50%) from 2023

Net Assets

Down

-$2,905

Down $3,217 (-1031%) from 2023

Operations
Liabilities / RevenueScore unavailableNet MarginScore unavailable

Revenue

-

No earlier filing loaded for comparison.

Expenses

Up

$3,217

Up $2,514 (+358%) from 2023

Net Income

-

No earlier filing loaded for comparison.

Trend Graphs

Balance Sheet Trend

Asset Growth60th percentile

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

$15K$10K$5.0K$0-$5.0KAssets 2019: $3,955Liabilities 2019: $8,485Net Assets 2019: -$4,5302019Assets 2020: $8,015Liabilities 2020: $7,000Net Assets 2020: $1,0152020Assets 2022: $8,015Liabilities 2022: $8,650Net Assets 2022: -$6352022Assets 2023: $7,312Liabilities 2023: $7,000Net Assets 2023: $3122023Assets 2024: $7,562Liabilities 2024: $10,467Net Assets 2024: -$2,9052024

Highlighted filing

2024

Assets$7,562
Liabilities$10,467
Net Assets-$2,905
Open 2024 Filing

Operations Trend

Revenue GrowthScore unavailable

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

$6.0K$4.0K$2.0K$0Expenses 2019: $1,0152019Revenue 2020: $5,5452020Revenue 2022: $1,650Expenses 2022: $1,650Net Income 2022: $02022Revenue 2023: $1,650Expenses 2023: $703Net Income 2023: $9472023Expenses 2024: $3,2172024

Highlighted filing

2024

Revenue-
Expenses$3,217
Net Income-
Open 2024 Filing

Filings

Most recent year

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

Open filing
Assets
$7,562
Liabilities
$10,467
Net assets
-$2,905
Revenue
-
Expenses
$3,217
Net income
-
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$7.56$10.5$2.91$3.22
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$7.00$0.31$1.65$0.70$0.95
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.02$8.65$0.64$1.65$1.65$0.00
2020Detailed filing. Detailed filing data is available for this year.$8.02$7.00$1.02$5.55
2019Detailed filing. Detailed filing data is available for this year.$3.96$8.49$4.53$1.02
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 17, 2025
Return Version
2024v5.2
Gross Receipts
$0
Mission and Program Overview

Mission

One flushing housing development fund corporation, (hereafter the "fund", or "one flushing") was formed exclusively for the purpose of developing and operating a housing project for persons of low income. In furtherance of such purpose, the corporation shall lessen the burdens of government and provide sociial welfare by lessening neighborhood tensions and combating community deterioration.

Program Services

DescriptionGrantsExpenses
THE PROJECT IS DESCRIBED AS A LOW INCOME AFFORDABLE HOUSING PROJECT. A 100% OF THE FACILITIES ARE RENTED TO INDIVIDUALS MEETING SPECIFIC INCOME RESTRICTIONS. RECERTIFICATION AND PROOF OF ELIGIBILITY IS MADE ON AN ANNUAL BASIS. THE PROJECT IS LOCATED IN THE BOROUGH OF QUEENS.$0$0
Compensation and Service Providers
Top Officer Pay81st percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
STACEY BLIAGOSDirector-$0--
LOLA MAROULISDirector-$0--
HSUEH LAM YANSecretary-$0--
NELSON CHANTreasurer-$0--
THOMAS YUPresident/Ed-$0--
Filing and Contact Details

Filer

Filer Name
One Flushing Housing Development
EIN
81-4301765
Phone
2129642288
Address
141 NORFOLK ST, NEW YORK, NY 10002

Signing Officer

Name
Thomas Yu
Title
President/ed
Phone
2129642288
Signed
2025-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Cbiz Advisors LLC
Address
685 THIRD AVENUE, NEW YORK, NY 10017
Preparer
Magdalena Czerniawski
Phone
2125038800
Supplemental Narrative

Additional Explanations

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

“Description: insurance. Amount: 1,192. Description: filling and inspection fee. Amount: 25. Total to form 990-ez, line 16: 1,217.”

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

“Description: prepaid insurance. Beg. Of year amount: 703. End of year amount: 978.”

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

“Description: due to one flushing np llc. Beg. Of year amount: 7,000. End of year amount: 7,000. Description: accounts payable. Beg. Of year amount: 0. End of year amount: 3,467.”

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/BooksInCareOfDetail/PhoneNum02129798381
IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt0108 NORFOLK ST
IRS990EZ/BooksInCareOfDetail/USAddress/CityNm0NEW YORK
IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NY
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IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt40
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm0STACEY BLIAGOS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm1LOLA MAROULIS
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm2HSUEH LAM YAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm3NELSON CHAN
IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm4THOMAS YU
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt0DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt1DIRECTOR
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt2SECRETARY
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt3TREASURER
IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt4PRESIDENT/ED
IRS990EZ/OperateHospitalInd00
IRS990EZ/Organization501c3Ind0X
IRS990EZ/OrganizationDissolvedEtcInd00
IRS990EZ/OrganizationHadUBIInd00
IRS990EZ/OtherAssetsTotalDetail/BOYAmt0703
IRS990EZ/OtherAssetsTotalDetail/EOYAmt0978
IRS990EZ/OtherChangesInNetAssetsAmt00
IRS990EZ/OtherExpensesTotalAmt01217
IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt0NONE
IRS990EZ/PartVIOfCompOfHghstPdEmplTxt0NONE
IRS990EZ/PoliticalCampaignActyInd00
IRS990EZ/PrimaryExemptPurposeTxt0ONE FLUSHING HOUSING DEVELOPMENT FUND CORPORATION, (HEREAFTER THE "FUND", OR "ONE FLUSHING") WAS FORMED EXCLUSIVELY FOR THE PURPOSE OF DEVELOPING AND OPERATING A HOUSING PROJECT FOR PERSONS OF LOW INCOME. IN FURTHERANCE OF SUCH PURPOSE, THE CORPORATION SHALL LESSEN THE BURDENS OF GOVERNMENT AND PROVIDE SOCIIAL WELFARE BY LESSENING NEIGHBORHOOD TENSIONS AND COMBATING COMMUNITY DETERIORATION.
IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt0THE PROJECT IS DESCRIBED AS A LOW INCOME AFFORDABLE HOUSING PROJECT. A 100% OF THE FACILITIES ARE RENTED TO INDIVIDUALS MEETING SPECIFIC INCOME RESTRICTIONS. RECERTIFICATION AND PROOF OF ELIGIBILITY IS MADE ON AN ANNUAL BASIS. THE PROJECT IS LOCATED IN THE BOROUGH OF QUEENS.
IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt00
IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt00
IRS990EZ/ProhibitedTaxShelterTransInd00
IRS990EZ/RelatedOrganizationCtrlEntInd00
IRS990EZ/ScheduleBNotRequiredInd0X
IRS990EZ/SchoolOperatingInd00
IRS990EZ/StatesWhereCopyOfReturnIsFldCd0NY
IRS990EZ/SubjectToProxyTaxInd00
IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt07000
IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt010467
IRS990EZ/TanningServicesProvidedInd00
IRS990EZ/TaxImposedOnOrganizationMgrAmt00
IRS990EZ/TaxImposedUnderIRC4911Amt00
IRS990EZ/TaxImposedUnderIRC4912Amt00
IRS990EZ/TaxImposedUnderIRC4955Amt00
IRS990EZ/TaxReimbursedByOrganizationAmt00
IRS990EZ/TotalExpensesAmt03217
IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd00
IRS990EZ/TypeOfOrganizationCorpInd0X
IRS990EZ/WebsiteAddressTxt0N/A
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
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IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/OperateBenefitNonSuprtOrgInd00
IRS990ScheduleA/Form990SchAType1SuprtOrgGrp/PowerAppointMajorityDirTrstInd01
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0133187792
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IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd07
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0ASIAN AMERICANS FOR EQUALITY INC
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType1Ind0X
IRS990ScheduleA/SupportSumAmt00
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0DESCRIPTION: INSURANCE. AMOUNT: 1,192. DESCRIPTION: FILLING AND INSPECTION FEE. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 1,217.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1DESCRIPTION: PREPAID INSURANCE. BEG. OF YEAR AMOUNT: 703. END OF YEAR AMOUNT: 978.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2DESCRIPTION: DUE TO ONE FLUSHING NP LLC. BEG. OF YEAR AMOUNT: 7,000. END OF YEAR AMOUNT: 7,000. DESCRIPTION: ACCOUNTS PAYABLE. BEG. OF YEAR AMOUNT: 0. END OF YEAR AMOUNT: 3,467.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990-EZ, PART II, LINE 24 - OTHER ASSETS
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 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/PersonNm0THOMAS YU
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0PRESIDENT/ED
ReturnHeader/BusinessOfficerGrp/PhoneNum02129642288
ReturnHeader/BusinessOfficerGrp/SignatureDt02025-10-17
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0ONE FLUSHING HOUSING DEVELOPMENT
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0FUND CORPORATION
ReturnHeader/Filer/BusinessNameControlTxt0ONEF
ReturnHeader/Filer/EIN0814301765
ReturnHeader/Filer/PhoneNum02129642288
ReturnHeader/Filer/USAddress/AddressLine1Txt0141 NORFOLK ST
ReturnHeader/Filer/USAddress/CityNm0NEW YORK
ReturnHeader/Filer/USAddress/StateAbbreviationCd0NY
ReturnHeader/Filer/USAddress/ZIPCd010002
ReturnHeader/IRSResponsiblePrtyInfoCurrInd01
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0873707167
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0CBIZ ADVISORS LLC
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt0685 THIRD AVENUE
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0NEW YORK
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0NY
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd010017
ReturnHeader/PreparerPersonGrp/PhoneNum02125038800
ReturnHeader/PreparerPersonGrp/PreparationDt02025-10-17
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0MAGDALENA CZERNIAWSKI
ReturnHeader/ReturnTs02025-10-21T12:21:01-05:00
ReturnHeader/ReturnTypeCd0990EZ
ReturnHeader/TaxPeriodBeginDt02024-01-01
ReturnHeader/TaxPeriodEndDt02024-12-31
ReturnHeader/TaxYr02024

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