Overview
What is Allen Affordable Housing Develop Funding Corporati?
Allen Affordable Housing Develop Funding Corporation is a nonprofit organization that focuses on addressing the housing needs of low-income families in Queens, New York. Through property acquisitions and rehabilitation, they aim to provide affordable housing ownership opportunities. Furthermore, they manage and preserve residential properties for occupants of low and moderate-income apartments, ensuring the continuity of suitable living conditions for these communities through specialized initiatives. In essence, Allen Affordable Housing Develop Funding Corporation is dedicated to improving living standards and fostering sustainable communities for economically disadvantaged families in Queens.
Is Allen Affordable Housing Develop Funding Corporati legitimate?
Allen Affordable Housing Develop Funding Corporati is a legitimate nonprofit organization registered as a 501(c)(3) entity. Allen Affordable Housing Develop Funding Corporati 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: $40,852
For more financial information, click here
What is the mission statement of Allen Affordable Housing Develop Funding Corporati?
Allen Affordable Housing Develop Funding Corporation focuses on providing affordable housing solutions. They achieve this by acquiring and refurbishing properties, transforming them into affordable housing options for low-income families. Furthermore, the organization manages and preserves residential properties for the inhabitants of low and moderate-income apartments, ensuring their continued living standards through special initiatives. In essence, Allen Affordable Housing Develop Funding Corporation is dedicated to enhancing affordable housing opportunities for families in need.
Who is the CEO of Allen Affordable Housing Develop Funding Corporati?
Gina Bolden-Rivera is the Treasurer of Allen Affordable Housing Develop Funding Corporati.
What is the revenue of Allen Affordable Housing Develop Funding Corporati?
Allen Affordable Housing Develop Funding Corporati's revenue in 2022 was $288,615.
Who are the executives of Allen Affordable Housing Develop Funding Corporati and what are their salaries?
The average compensation at Allen Affordable Housing Develop Funding Corporati during 2022 was $40,852. There is 1 employee at Allen Affordable Housing Develop Funding Corporati.
Here are 9 key members and their salaries:
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- Related: $356,782
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Where can I find the form 990 for Allen Affordable Housing Develop Funding Corporati?
Allen Affordable Housing Develop Funding Corporati's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Allen Affordable Housing Develop Funding Corporati
Allen Affordable Housing Develop Funding Corporation, in its mission, focuses on acquiring and refurbishing properties to offer affordable homeownership opportunities for families with low incomes. Beyond this, the organization also manages and preserves residential properties for individuals residing in apartments with low to moderate incomes, through various specialized initiatives. By undertaking these activities, Allen Affordable Housing Develop Funding Corporation aims to contribute significantly to the housing sector, ensuring that low-income families have access to safe and affordable living spaces.
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Impact
October, 2024
Allen Affordable Housing Develop Funding Corporation plays a vital role in addressing the housing needs of low-income families in Queens. By acquiring and rehabilitating properties, the organization creates accessible homeownership opportunities, helping families achieve stability and security in their living situations.
In addition to providing ownership options, the corporation manages and preserves residential properties specifically for low and moderate-income residents. Through specialized initiatives, it ensures that these communities are well-maintained and conducive to healthy living. The impact of their work extends beyond just housing; it fosters stronger communities by providing families with a sense of belonging and improving overall quality of life. Their efforts significantly alleviate the housing crisis faced by economically disadvantaged populations in the Jamaica area of New York.
This information is meant to be a general summary of Allen Affordable Housing Develop Funding Corporati. 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.
- Program Service Revenue: $232,577
- Gross Receipts: $288,615
Assets and Liabilities:
- Total Assets: $1,465,072
- Total Liabilities: $2,224,881
- Net Assets: -$759,809
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT OPS FEES
Revenue
$232,577
Organization Details
Founding Year
1992
Principal Officer
Gina Bolden-Rivera
Main Address
110 42 MERRICK BOULEVARD, Jamaica, NY, 11433
NTEE Category
Code: L21 - Housing
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