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Astella Development Corporation C/O Brooklyn Community Services

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

EIN: 112458675 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Astella Development Corporation C/O Brooklyn Community Services?

Astella Development Corporation C/O Brooklyn Community Services is a nonprofit organization, specifically based in Brooklyn, New York. Their primary mission is to enhance affordable housing and stimulate economic development opportunities within the Coney Island area. They carry out this mission through various activities such as rehabilitation projects, organizing informational meetings, and offering guidance on low-cost loan programs for homeowners. Additionally, they assist with applications for housing projects scattered throughout the city, and manage programs like HEAP and SCRIE. In essence, Astella Development Corporation aims to enhance the overall quality of life in Coney Island, Brooklyn, by providing essential housing solutions and fostering economic growth.


Official website here: www.astellaci.org

Is Astella Development Corporation C/O Brooklyn Community Services legitimate?

Astella Development Corporation C/O Brooklyn Community Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Astella Development Corporation C/O Brooklyn Community Services 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.astellaci.org

What is the mission statement of Astella Development Corporation C/O Brooklyn Community Services?

Astella Development Corporation, a community-based non-profit organization, is dedicated to providing affordable housing and economic development opportunities. Their mission is to improve the quality of life in their community, specifically in Coney Island, Brooklyn. They accomplish this through various activities such as housing rehabilitation projects, organizing informational meetings, and offering advice on low-cost loan programs for homeowners. They also assist individuals with applications for housing projects across the city, including programs like HEAP and SCRIE.


Official website here: www.astellaci.org

Who is the CEO of Astella Development Corporation C/O Brooklyn Community Services?

Johanna Sherman is the Member of Astella Development Corporation C/O Brooklyn Community Services.


Official website here: www.astellaci.org

What is the revenue of Astella Development Corporation C/O Brooklyn Community Services?

Astella Development Corporation C/O Brooklyn Community Services's revenue in 2021 was $91,223.


Official website here: www.astellaci.org

Who are the executives of Astella Development Corporation C/O Brooklyn Community Services and what are their salaries?


Here are 7 key members and their salaries:


Jeffrey Deutchman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Tenzer (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martina Surrency (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Johanna Sherman (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julietta Jordan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Rivera (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marie Scordaras (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.astellaci.org

Where can I find the form 990 for Astella Development Corporation C/O Brooklyn Community Services?

Astella Development Corporation C/O Brooklyn Community Services's most recent form 990 was submitted in 2021 and can be accessed here.


Official website here: www.astellaci.org

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

Mission Statement of Astella Development Corporation C/O Brooklyn Community Services

Astella Development Corporation, a non-profit community-based organization, is dedicated to providing affordable housing and economic development opportunities, aiming to enhance the quality of life in Coney Island, Brooklyn. Their mission is to carry out neighborhood development programs, including rehabilitating buildings, conducting informational meetings, and offering advice on low-cost loan programs for homeowners. They also provide assistance with applications for housing projects across the city, through initiatives such as HEAP and SCRIE. By doing so, Astella Development Corporation works to ensure that affordable housing and economic opportunities are available to all residents, contributing to a thriving community.

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Impact




October, 2024

Astella Development Corporation C/O Brooklyn Community Services significantly impacts the Coney Island community by enhancing access to affordable housing and promoting economic development. Through its neighborhood development programs, it oversees funds that facilitate crucial housing initiatives, including the rehabilitation of existing properties and offering guidance to residents on low-cost loan programs. This support helps homeowners navigate financial assistance options like HEAP (Home Energy Assistance Program) and SCRIE (Senior Citizen Rent Increase Exemption).

Informational meetings and personalized advice empower community members by equipping them with the knowledge needed to improve their living conditions and invest in their homes. Astella's commitment to improving the quality of life in the area ensures that residents not only gain access to safe and affordable housing but also receive the resources and support necessary for sustainable community development. As a result, Astella plays a pivotal role in fostering a vibrant, economically stable environment in Coney Island, directly benefiting its residents and enhancing the overall community.




This information is meant to be a general summary of Astella Development Corporation C/O Brooklyn Community Services. 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
$91,223 (2021)
Expenses
$148,050 (2021)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2021.

  • Gross Receipts: $91,223

Assets and Liabilities:

  • Total Assets: $233,377
  • Total Liabilities: $622,982
  • Net Assets: -$389,605

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Organization Details

Founding Year

1975

Principal Officer

Johanna Sherman

Main Address

PO BOX 24630, BROOKLYN, NY, 11202

NTEE Category

Code: L80Z - Housing

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