Overview
What is Nhs Development Corporation?
The Nhs Development Corporation is a nonprofit organization based in New York, dedicated to promoting the long-term economic stability of its communities. They achieve this by providing affordable housing and fostering economic development opportunities for low and moderate-income households. Their mission is multifaceted, encompassing not just the provision of affordable housing but also contributing to the overall economic growth of the community.
Is Nhs Development Corporation legitimate?
Nhs Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nhs Development Corporation submitted a form 990EZ, 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.
What is the mission statement of Nhs Development Corporation?
The Nhs Development Corporation's mission is focused on ensuring the long-term economic stability of various communities. It achieves this by providing affordable housing and fostering economic development opportunities for low and moderate-income households. The organization's primary aim is to enhance the financial stability of these communities by making housing and economic growth more accessible to a significant portion of the population. By offering affordable housing, the corporation contributes to the overall well-being and sustainability of the communities it serves.
Who is the CEO of Nhs Development Corporation?
Karen William-Nelson is the Vice President of Nhs Development Corporation.
What is the revenue of Nhs Development Corporation?
Nhs Development Corporation's revenue in 2021 was $0.
Who are the executives of Nhs Development Corporation and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990EZ for Nhs Development Corporation?
Nhs Development Corporation's most recent form 990EZ was submitted in 2021 and can be accessed here.
Mission Statement of Nhs Development Corporation
The Nhs Development Corporation is committed to ensuring the long-term economic stability of various communities in New York. To accomplish this, the organization focuses on providing affordable housing and other economic development opportunities for low and moderate-income households. By offering affordable housing, the Nhs Development Corporation aims to contribute to the overall well-being of these communities, providing them with a stable foundation for their residents. The organization's mission is to ensure that economic opportunities are accessible to all, regardless of their income level, fostering a sense of community and equality within these neighborhoods.
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Impact
October, 2024
NHS Development Corporation significantly influences the economic landscape of New York communities by focusing on affordable housing and economic development initiatives. By providing access to affordable housing options, the organization directly addresses the needs of low and moderate-income households, thereby promoting long-term economic stability in the area. This approach not only helps reduce housing insecurity but also fosters community improvement by creating a more diverse and sustainable economic environment.
Through various economic development opportunities, NHS Development Corporation enables families to improve their financial situations, enhancing overall quality of life. The organization's efforts contribute to the revitalization of neighborhoods, ensuring that communities remain vibrant and viable for all residents. By prioritizing affordable housing, NHS Development Corporation plays a crucial role in reinforcing the fabric of the communities it serves, leading to lasting positive impacts on economic growth and community well-being in New York.
This information is meant to be a general summary of Nhs Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
Assets and Liabilities:
- Total Assets: $7,509
- Total Liabilities: $91,359
- Net Assets: -$83,850
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Organization Details
Phone
(718) 291-7400Principal Officer
Karen William-Nelson
Main Address
89-70 162ND STRET, Jamaica, NY, 11432
NTEE Category
Code: S30 - Community improvement
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