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Greater Hempstead Housing Development Fund Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 112223242 ✦ Hempstead, NY ✦ Designated as a 501(c)(3)

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Overview

What is Greater Hempstead Housing Development Fund Corporation?

Greater Hempstead Housing Development Fund Corporation is a nonprofit organization located in Hempstead, New York. Their primary mission is to search for, purchase, renovate, and operate affordable housing for low-income families. This initiative aims to improve living conditions in a deprived area of Nassau County, New York. The organization plays a vital role in enhancing the quality of life for these families by providing them with affordable housing options.


Official website here: www.greaterhempstead.org

Is Greater Hempstead Housing Development Fund Corporation legitimate?

Greater Hempstead Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Hempstead Housing Development Fund Corporation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $48,901
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.greaterhempstead.org

What is the mission statement of Greater Hempstead Housing Development Fund Corporation?

The Greater Hempstead Housing Development Fund Corporation's mission is focused on improving living conditions for low-income families in a disadvantaged area of Nassau County, New York. They achieve this by proactively seeking out, purchasing, renovating, and managing affordable housing units. This initiative aims to enhance the quality of life for these families, contributing to the overall revitalization of the affected community.


Official website here: www.greaterhempstead.org

Who is the CEO of Greater Hempstead Housing Development Fund Corporation?

Walter S Kershaw is the Chairman/ & Pre of Greater Hempstead Housing Development Fund Corporation.


Official website here: www.greaterhempstead.org

What is the revenue of Greater Hempstead Housing Development Fund Corporation?

Greater Hempstead Housing Development Fund Corporation's revenue in 2020 was $102,304.


Official website here: www.greaterhempstead.org

Who are the executives of Greater Hempstead Housing Development Fund Corporation and what are their salaries?


Here are 5 key members and their salaries:


Walter S Kershaw (Chairman/ & Pre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Willie Ricks (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Miles Merritt (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Harry Ransom (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Shirley White (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.greaterhempstead.org

Where can I find the form 990 for Greater Hempstead Housing Development Fund Corporation?

Greater Hempstead Housing Development Fund Corporation's most recent form 990 was submitted in 2020 and can be accessed here.


Official website here: www.greaterhempstead.org

Learn more at the official website: www.greaterhempstead.org

Mission Statement of Greater Hempstead Housing Development Fund Corporation

Greater Hempstead Housing Development Fund Corporation is dedicated to improving living conditions for low-income families in a depressed area of Nassau County, New York. The organization undertakes an active role in this mission by searching for, purchasing, and renovating affordable housing properties. By doing so, they aim to provide a much-needed solution for families who struggle with housing affordability. The ultimate goal of this endeavor is to enhance the living standards of these families, contributing positively to the community as a whole. The corporation's commitment to this mission is a significant step towards addressing housing inequality and improving the quality of life for those in need.

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Impact




October, 2024

Greater Hempstead Housing Development Fund Corporation has a significant impact on the community by targeting affordable housing for low-income families in a distressed area of Nassau County, NY. By actively searching for, purchasing, renovating, and operating these housing units, it plays a crucial role in enhancing living conditions for vulnerable populations. This initiative improves not just the physical environment but also fosters a sense of community, stability, and opportunity for families who may otherwise struggle to find safe and adequate housing. Ultimately, the efforts of this organization contribute to the revitalization of the local area, promoting social and economic well-being for its residents.




This information is meant to be a general summary of Greater Hempstead Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$102,304 (2020)
Expenses
$98,730 (2020)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2020.

  • Program Service Revenue: $33,000
  • Gross Receipts: $102,304

Assets and Liabilities:

  • Total Assets: $3,205,267
  • Total Liabilities: $216,014
  • Net Assets: $2,989,253

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

FEES
GRANTS, MISC
LOW RENTAL HOUSING RENTAL

Revenue

$33,000

Organization Details

Founding Year

1970

Principal Officer

Walter S Kershaw

Main Address

261 SOUTH FRANKLIN ST P3, HEMPSTEAD, NY, 11550

NTEE Category

Code: L20Z - Housing

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