Overview
What is 45th Avenue Housing Company?
45th Avenue Housing Company is a nonprofit organization situated in New York, specifically at 520 Eighth Avenue, 5th Floor. Their primary mission is to provide subsidized housing for low-income senior citizens. To accomplish this, they have acquired promissory notes from related parties, using the funding to facilitate affordable housing options for this demographic. The organization's activities are centered around this goal, providing essential housing support for elderly individuals with limited income.
Is 45th Avenue Housing Company legitimate?
45th Avenue Housing Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. 45th Avenue Housing Company 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
What is the mission statement of 45th Avenue Housing Company?
The 45th Avenue Housing Company's mission is centered around supporting subsidized housing for low-income senior citizens. This organization serves this purpose by holding promissory notes from a related party, with the funding specifically intended for providing affordable housing options to this demographic. The company's primary objective is to ensure that senior citizens with limited income have access to suitable housing, thereby enhancing their living conditions. The organization's activities are geared towards making housing affordable for this vulnerable group, thereby contributing to their overall well-being and quality of life.
Who is the CEO of 45th Avenue Housing Company?
Stuart C Kaplan is the President/Ceo/Director of 45th Avenue Housing Company. The CEO's salary of 45th Avenue Housing Company is $0 and their total compensation is $1,101,576.
What is the revenue of 45th Avenue Housing Company?
45th Avenue Housing Company's revenue in 2022 was $353,404.
Who are the executives of 45th Avenue Housing Company and what are their salaries?
There 5 volunteers at 45th Avenue Housing Company.
Here are 5 key members and their salaries (45th Avenue Housing Company's CEO's salary is $0 and their total compensation is $1,101,576):
- Compensation: $0
- Related: $1,023,017
- Other: $78,559
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for 45th Avenue Housing Company?
45th Avenue Housing Company's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 45th Avenue Housing Company
The 45th Avenue Housing Company is committed to a mission that prioritizes providing subsidized housing for low-income senior citizens. This organization serves as a vital resource, offering affordable living accommodations to this specific demographic. To achieve this goal, the company holds promissory notes from a related party, utilizing the funding obtained to facilitate the provision of affordable housing. This dedication to supporting elderly individuals with limited income is a testament to the organization's compassionate and community-focused approach.
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Impact
October, 2024
The 45th Avenue Housing Company plays a crucial role in supporting subsidized housing for low-income senior citizens in New York. By holding promissory notes from a related party, the organization facilitates funding aimed at creating and maintaining affordable housing options for this vulnerable demographic. This impact is essential in ensuring that low-income seniors have access to safe and stable living conditions, thereby enhancing their quality of life and providing them with the necessary resources to thrive in their golden years.
This information is meant to be a general summary of 45th Avenue Housing Company. 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: $353,404
- Gross Receipts: $353,404
Assets and Liabilities:
- Total Assets: $12,775,927
- Total Liabilities: $0
- Net Assets: $12,775,927
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRI - INTEREST
Revenue
$353,404
Organization Details
Founding Year
1967
Phone
(212) 971-7600Principal Officer
Stuart C Kaplan
Main Address
520 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018
NTEE Category
Code: L21Z - Housing
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