Overview
What is Goodwin Place Hdfc Inc?
Goodwin Place Hdfc Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 565 Bushwick Avenue, 11206. Their primary mission is to support affordable housing for low-income seniors. They achieve this by investing in an entity that provides housing for moderate to low-income residents who receive rental subsidies through the HUD Section 8 program. In this particular case, they have provided financing for an apartment complex consisting of 100 units, ensuring that elderly individuals in need have access to secure, affordable housing. Their work aligns with the National Housing Act, contributing to the overall goal of housing equity and accessibility.
Is Goodwin Place Hdfc Inc legitimate?
Goodwin Place Hdfc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goodwin Place Hdfc 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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Other Salaries and Wages: $0
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What is the mission statement of Goodwin Place Hdfc Inc?
Goodwin Place HDFC Inc is committed to providing financing support for a housing complex that caters to low-income seniors, adhering to the National Housing Act. In essence, the organization supports low-income housing by investing in an entity that offers affordable living spaces to moderate to low-income residents, who receive rent subsidies through the HUD Section 8 program. This investment enables the provision of essential housing solutions for an underserved population. Goodwin Place HDFC Inc's mission aligns with the objective of promoting affordable and accessible housing solutions for seniors with limited financial resources.
Who is the CEO of Goodwin Place Hdfc Inc?
Scott Short is the Chairperson of Goodwin Place Hdfc Inc. The CEO's salary of Goodwin Place Hdfc Inc is $0 and their total compensation is $501,613.
What is the revenue of Goodwin Place Hdfc Inc?
Goodwin Place Hdfc Inc's revenue in 2022 was $0.
Who are the executives of Goodwin Place Hdfc Inc and what are their salaries?
There 16 volunteers at Goodwin Place Hdfc Inc.
Here are 19 key members and their salaries (Goodwin Place Hdfc Inc's CEO's salary is $0 and their total compensation is $501,613):
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- Related: $166,859
- Other: $12,630
Where can I find the form 990 for Goodwin Place Hdfc Inc?
Goodwin Place Hdfc Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Goodwin Place Hdfc Inc
Goodwin Place HDFC Inc, as a nonprofit organization, is dedicated to providing financial support for an apartment complex housing 100 units, specifically designed for low-income seniors. This mission is carried out under the National Housing Act. The organization achieves this by holding a note, which it treats as a program-related investment, in an entity that provides low-income housing to moderate to low-income residents. These residents typically receive rental subsidies through the HUD Section 8 program, ensuring affordable housing options for the elderly with limited financial means.
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Impact
October, 2024
Goodwin Place Hdfc Inc plays a vital role in enhancing the living conditions of low-income seniors in Brooklyn, NY. By providing financing support for an apartment complex composed of 100 units, the organization ensures that affordable housing options are available to those who may otherwise struggle to secure stable living arrangements.
Through its active participation in the HUD Section 8 program, Goodwin Place Hdfc Inc enables residents to receive rent subsidies, significantly easing their financial burdens. This support not only fosters a sense of community among residents but also promotes their overall well-being by granting them access to safe and secure housing. In doing so, the organization addresses critical needs for low-income seniors, contributing to greater housing stability and improved quality of life in the area.
This information is meant to be a general summary of Goodwin Place Hdfc 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $0
- Net Assets: $0
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Organization Details
Founding Year
1987
Phone
(718) 366-3800Principal Officer
Scott Short
Main Address
565 BUSHWICK AVENUE, BROOKLYN, NY, 11206
NTEE Category
Code: L20 - Housing
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