Overview
What is Clarence J Nell Apartments Housing Development Fund Corporation?
Clarence J Nell Apartments Housing Development Fund Corporation is a nonprofit organization situated in the heart of Brooklyn, New York, specifically at 132 Ralph Avenue. Their primary mission is to provide and manage affordable housing apartments for families of low income residing in the central sections of Brooklyn. Their commitment extends to ensuring that families in need have access to suitable living quarters, contributing to the betterment of the community. The organization operates with the objective of making housing more affordable and accessible for those who require it most.
Is Clarence J Nell Apartments Housing Development Fund Corporation legitimate?
Clarence J Nell Apartments Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarence J Nell Apartments 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
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What is the mission statement of Clarence J Nell Apartments Housing Development Fund Corporation?
The Clarence J Nell Apartments Housing Development Fund Corporation is dedicated to providing and managing affordable housing apartments for families of low income. Their mission is centered around ensuring accessible living spaces in the central sections of a city, likely New York, for those who require financial assistance. The corporation strives to make a significant impact by offering 20 residential units, creating a community where these families can call home.
Who is the CEO of Clarence J Nell Apartments Housing Development Fund Corporation?
Jeffrey Dunston is the Ceo of Clarence J Nell Apartments Housing Development Fund Corporation. The CEO's salary of Clarence J Nell Apartments Housing Development Fund Corporation is $0 and their total compensation is $229,298.
What is the revenue of Clarence J Nell Apartments Housing Development Fund Corporation?
Clarence J Nell Apartments Housing Development Fund Corporation's revenue in 2022 was $284,046.
Who are the executives of Clarence J Nell Apartments Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries (Clarence J Nell Apartments Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $229,298):
- Compensation: $0
- Related: $229,298
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Clarence J Nell Apartments Housing Development Fund Corporation?
Clarence J Nell Apartments Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Clarence J Nell Apartments Housing Development Fund Corporation
Clarence J Nell Apartments Housing Development Fund Corporation is dedicated to fulfilling a noble mission. This nonprofit organization aims to provide and manage affordable housing units for low-income families, specifically located in the central sections of Brooklyn, New York. Their commitment extends beyond just offering housing; they strive to make a substantial impact in the lives of those who are financially disadvantaged. The corporation's mission is to create a living environment that is both affordable and secure, enabling families to build a stable foundation for their lives. By providing these families with residential units, Clarence J Nell Apartments Housing Development Fund Corporation contributes to the overall well-being of their community, offering a sense of home and belonging to those who may otherwise struggle to find it.
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Impact
October, 2024
Clarence J Nell Apartments Housing Development Fund Corporation significantly impacts the community by providing affordable housing options for low-income families in the central sections of Brooklyn, New York. By managing residential housing that consists of 20 units, it addresses the critical need for affordable living spaces in a densely populated urban area. This initiative not only helps families secure stable housing but also fosters a sense of community and enhances the overall quality of life for its residents. By prioritizing low-income families, the organization plays a vital role in mitigating housing insecurity, contributing to economic stability, and promoting diversity within the neighborhood. Its commitment to affordable housing helps ensure that families can thrive in a city where the cost of living continues to rise.
This information is meant to be a general summary of Clarence J Nell Apartments 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,620
- Program Service Revenue: $280,426
- Gross Receipts: $284,046
Assets and Liabilities:
- Total Assets: $416,118
- Total Liabilities: $1,156,942
- Net Assets: -$740,824
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$280,426
Organization Details
Founding Year
1994
Phone
(718) 453-9490Principal Officer
Jeffrey Dunston
Main Address
132 RALPH AVENUE, BROOKLYN, NY, 11233
NTEE Category
Code: L25 - Housing
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