Aafe Community Development Fund Inc.

Fiscal year ending 2024. Filed on October 31, 2025.

2 Allen Street 7th Floor
New York, New York 10002

Aafe Community Development Fund Inc. (EIN: 13-4103352) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, Aafe Community Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 4 employees. Among the employees shown here, the average compensation is $226,375. The highest compensated employee at Aafe Community Development Fund Inc. is Thomas Yu with fiscal year 2024 compensation of $345,979.

Revenue, expenses, and employee compensation

Revenue

$673,738

Expenses

$739,124

Employee compensation

$357,258
Revenue, expenses, and employee compensation over time

Mission Statement

AAFE COMMUNITY DEVELOPMENT FUND, INC. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY.

Revisions to this organization profile

October 31, 2025:
2024 Aafe Community Development Fund Inc. 990 filed
October 30, 2024:
2023 Aafe Community Development Fund Inc. 990 filed
November 6, 2023:
2022 Aafe Community Development Fund Inc. 990 filed

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