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573 Warren Street Housing Development Fund Corporation

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

EIN: 113143585 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is 573 Warren Street Housing Development Fund Corporation?

The 573 Warren Street Housing Development Fund Corporation is a nonprofit organization situated in the Brooklyn, New York area. Their primary mission involves owning and managing an apartment building, offering accommodation to a maximum capacity of 14 units. Remarkably, this building was fully occupied throughout the year. This organization's unique mission extends beyond providing housing, as it also offers essential social services to qualified low-income individuals who require mental health care. These services are specifically designed for residents of the Brooklyn area.


Official website here: www.fifthave.org

Is 573 Warren Street Housing Development Fund Corporation legitimate?

573 Warren Street Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 573 Warren Street Housing Development Fund Corporation 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.fifthave.org

What is the mission statement of 573 Warren Street Housing Development Fund Corporation?

The 573 Warren Street Housing Development Fund Corporation's mission is centered around providing social services and housing to individuals with low income who require mental health care. The organization operates an apartment building, offering a home to 14 qualified residents in need. Their mission extends beyond just housing, as they also aim to provide necessary support services for these individuals. Located in an unspecified area in Brooklyn, New York, the corporation's goal is to contribute positively to the lives of those in need, offering a safe and supportive environment.


Official website here: www.fifthave.org

Who is the CEO of 573 Warren Street Housing Development Fund Corporation?

Michelle De La Uz is the Secretary of 573 Warren Street Housing Development Fund Corporation.


Official website here: www.fifthave.org

What is the revenue of 573 Warren Street Housing Development Fund Corporation?

573 Warren Street Housing Development Fund Corporation's revenue in 2022 was $175,805.


Official website here: www.fifthave.org

Who are the executives of 573 Warren Street Housing Development Fund Corporation and what are their salaries?


Here are 4 key members and their salaries:


Michelle De La Uz (Secretary)
  • Compensation: $0
  • Related: $233,154
  • Other: $10,691
Jessica Yeager (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dany Cuningham (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Conway (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.fifthave.org

Where can I find the form 990 for 573 Warren Street Housing Development Fund Corporation?

573 Warren Street Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.fifthave.org

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

Mission Statement of 573 Warren Street Housing Development Fund Corporation

The 573 Warren Street Housing Development Fund Corporation is committed to serving qualified low-income individuals in need of mental health care. The organization fulfills this mission by owning and operating an apartment building, providing a sanctuary for these individuals. Their goal is to offer supportive social services alongside housing, ensuring a comprehensive approach to addressing mental health needs. The apartment building, capable of accommodating 14 residents, was fully occupied throughout the year, demonstrating the organization's success in meeting the housing needs of those it serves.

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Impact




October, 2024

573 Warren Street Housing Development Fund Corporation plays a crucial role in addressing the housing and mental health needs of low-income individuals in Brooklyn, New York. By owning and operating a dedicated apartment building with a capacity of 14 units, the organization offers essential housing stability to those in need. Throughout the year, the apartments have maintained a 100% occupancy rate, indicating a strong demand for the safe and supportive living environment provided.

In addition to housing, the organization offers vital social services tailored to individuals requiring mental health care. This multi-faceted approach not only provides residents with a physical space to call home but also integrates crucial mental health support, significantly enhancing the overall well-being of the community. Thus, 573 Warren Street Housing Development Fund Corporation contributes to reducing homelessness, promoting mental health awareness, and fostering a supportive network for some of Brooklyn's most vulnerable residents.




This information is meant to be a general summary of 573 Warren Street Housing Development Fund 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.

Revenue
$175,805 (2022)
Expenses
$252,754 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29
  • Program Service Revenue: $29,260
  • Gross Receipts: $175,805

Assets and Liabilities:

  • Total Assets: $409,966
  • Total Liabilities: $47,085
  • Net Assets: $362,881

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$29,260

Organization Details

Founding Year

1993

Principal Officer

Michelle De La Uz

Main Address

621 DEGRAW STREET, BROOKLYN, NY, 11217

NTEE Category

Code: L200 - Housing

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