Overview
What is Mutual Housing Association Of New York Inc?
Mutual Housing Association of New York Inc, located at 470 Vanderbilt Avenue 9th Floor, Brooklyn, NY 11238, is a nonprofit organization dedicated to providing housing solutions for families with low income. Their primary mission is to develop and manage affordable housing projects, achieving this goal in a non-profit capacity. The association acquires, develops, leases, and sells properties to lower income individuals, enhancing their purpose and commitment to social welfare.
Is Mutual Housing Association Of New York Inc legitimate?
Mutual Housing Association Of New York Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mutual Housing Association Of New York Inc 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:
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What is the mission statement of Mutual Housing Association Of New York Inc?
The Mutual Housing Association of New York Inc. is committed to a mission of developing housing projects on a non-profit basis, catering to individuals of low income. This endeavor enhances their exempt purpose, which involves acquiring, developing, leasing, and selling properties to those in need of affordable housing. The association's work aims to provide housing solutions, contributing positively to the lives of those with limited financial resources.
Who is the CEO of Mutual Housing Association Of New York Inc?
Ismene Speliotis is the President of Mutual Housing Association Of New York Inc.
What is the revenue of Mutual Housing Association Of New York Inc?
Mutual Housing Association Of New York Inc's revenue in 2022 was $358,676.
Who are the executives of Mutual Housing Association Of New York Inc and what are their salaries?
There 3 volunteers at Mutual Housing Association Of New York Inc.
Here are 3 key members and their salaries:
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Where can I find the form 990 for Mutual Housing Association Of New York Inc?
Mutual Housing Association Of New York Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Mutual Housing Association Of New York Inc
Mutual Housing Association of New York Inc, as a non-profit organization, is dedicated to an ambitious mission. This mission involves the development of housing projects specifically intended for individuals and families of low income. By taking on this task, the association aims to contribute to the betterment of the community by providing affordable living spaces. The acquisition, development, leasing, and selling of properties to low-income parties are all part of this mission, enhancing the exempt purpose of Mutual Housing Association of New York Inc. Through its housing projects, the organization seeks to make a significant impact on the lives of those who require financial assistance, thereby promoting a sense of community and social equity.
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Impact
October, 2024
Mutual Housing Association Of New York Inc significantly impacts the Brooklyn community by providing affordable housing options for low-income families. By developing and leasing properties, the organization addresses the pressing need for housing among individuals and families facing economic challenges.
This initiative not only enhances the quality of life for residents but also contributes to community stability. By ensuring that low-income households have access to secure and affordable living arrangements, the association helps foster a sense of belonging and community cohesion. Additionally, the focus on non-profit development means that the emphasis remains on serving residents rather than generating profits, ensuring that the needs of low-income individuals are prioritized. Through its efforts, Mutual Housing Association helps alleviate housing insecurity and promotes social equity in the area.
This information is meant to be a general summary of Mutual Housing Association Of New York Inc. 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 2022.
- Investment Income: $358,676
- Gross Receipts: $358,676
Assets and Liabilities:
- Total Assets: $8,002,298
- Total Liabilities: $90,661
- Net Assets: $7,911,637
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Organization Details
Founding Year
1986
Phone
(718) 246-8080Principal Officer
Ismene Speliotis
Main Address
470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY, 11238
NTEE Category
Code: L80 - Housing
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