Overview
What is West Farms Neighborhood Hdfc Inc C/O Michael J Comerford?
West Farms Neighborhood Hdfc Inc C/O Michael J Comerford is a nonprofit organization located at 1122 Franklin Avenue Suite 406, Garden City, New York 11530. Their primary mission is to collaborate, facilitate, and assist in the rehabilitation and development of affordable housing projects. They function as a co-developer, contributing their expertise and resources to ensure the success of these projects, ultimately making affordable housing options available to communities in need.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
West Farms Neighborhood HDFC Inc. has received a commendable Four-Star rating from Charity Navigator, reflecting strong performance in accountability and finance. The charity's overall score is based entirely on its accountability metrics, resulting in a high level of confidence in its financial practices and governance. The nonprofit boasts a fully independent board, ensuring that decision-making is unbiased and transparent.
The organization demonstrates a strong commitment to financial responsibility, with a low liabilities to assets ratio of 10.13% and an impressive program expense ratio of 72.47%. This indicates that a significant portion of its resources is directed towards fulfilling its mission, rather than administrative costs. Additionally, effective policies are in place for conflict of interest and whistleblower protections, contributing to its overall accountability.
While the financial and governance strengths are notable, there are no specific mentions of the charity's program outcomes or community impact in the available data. This absence of information on results may limit understanding of the direct effects of their work on the community they serve. Overall, West Farms Neighborhood HDFC Inc. stands out for its strong financial practices but could benefit from sharing more about its impact.
This AI summary has been generated from information found on Charity Navigator.
Is West Farms Neighborhood Hdfc Inc C/O Michael J Comerford legitimate?
West Farms Neighborhood Hdfc Inc C/O Michael J Comerford is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Farms Neighborhood Hdfc Inc C/O Michael J Comerford 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 West Farms Neighborhood Hdfc Inc C/O Michael J Comerford?
West Farms Neighborhood Hdfc Inc, in its mission, aims to collaborate with developers in rehabilitating and constructing affordable housing projects. By acting as a co-developer, facilitator, and active participant, this organization assists in the overall development process of these projects, ensuring that affordable housing becomes a reality for many. This mission contributes to the betterment of communities by providing accessible housing options, promoting social equity, and addressing housing affordability issues.
Who is the CEO of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford?
Reverend Eric Cruz is the President / Director of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford.
What is the revenue of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford?
West Farms Neighborhood Hdfc Inc C/O Michael J Comerford's revenue in 2023 was $828,311.
Who are the executives of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for West Farms Neighborhood Hdfc Inc C/O Michael J Comerford?
West Farms Neighborhood Hdfc Inc C/O Michael J Comerford's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford
West Farms Neighborhood Hdfc Inc C/O Michael J Comerford is a organization with a mission to collaborate, facilitate, and contribute to the refurbishment and construction of affordable housing projects. In simpler terms, this nonprofit works alongside developers to revitalize and establish housing units that are affordable for individuals and families with limited financial resources. By participating in the rehabilitation and development process, West Farms Neighborhood Hdfc Inc C/O Michael J Comerford aims to make a positive impact on communities by increasing the availability of affordable housing options.
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Impact
August, 2024
West Farms Neighborhood Hdfc Inc, through its activities as a co-developer in the rehabilitation and development of affordable housing projects, has a significant impact on providing access to affordable housing for individuals and families in need. This organization plays a crucial role in facilitating and participating in the process of creating housing opportunities for those who may otherwise struggle to afford suitable accommodations. By working alongside developers and assisting in these projects, West Farms Neighborhood Hdfc Inc contributes to addressing the ongoing issue of housing affordability and availability in the community.
This information is meant to be a general summary of West Farms Neighborhood Hdfc Inc C/O Michael J Comerford. 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 2023.
- Investment Income: $828,311
- Gross Receipts: $828,311
Assets and Liabilities:
- Total Assets: $25,831,226
- Total Liabilities: $2,616,993
- Net Assets: $23,214,233
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Organization Details
Founding Year
1969
Phone
(516) 248-4817Principal Officer
Reverend Eric Cruz
Main Address
1122 FRANKLIN AVENUE SUITE 406, GARDEN CITY, NY, 11530
NTEE Category
Code: L21 - Housing
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