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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter Aafe Community Development Fund Inc.

Aafe Community Development Fund Inc.

Fiscal year ending 2022. Filed on November 6, 2023.

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 2022 IRS Form 990 filing, Aafe Community Development Fund Inc., a 501(c)(3) charitable organization, reported compensation for 5 employees. Among the employees shown here, the average compensation is $185,985. The highest compensated employee at Aafe Community Development Fund Inc. is Thomas Yu with fiscal year 2022 compensation of $321,804.

Revenue, expenses, and employee compensation

Revenue

$687,283

Expenses

$637,701

Employee compensation

$267,174
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Thomas Yu
Co-Executive Director
$321,804
$0 $268,262 $53,542
Jennifer Sun
Co-Executive Director(Outgoing)
$200,749
$0 $160,060 $40,689
Jessie Lee
Managing Director
$197,961
$0 $170,077 $27,884
Joy Suzanne Granado
Chief Accounting Officer
$107,038
$0 $96,262 $10,776
Eddie Wong
Deputy Managing Director
$102,375
$86,194 No related comp$16,181

Benchmark Employee Compensation

Non-Employee Board Members

Donna Chiu
Director
Heidie Joo Burwell
Board Chair
Lydia Tom
Director

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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