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Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp

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

EIN: 132679033 ✦ Garden city, NY ✦ Designated as a 501(c)(3)

Overview

What is Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp?

Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp is a nonprofit organization situated in Garden City, New York, specifically at 1122 Franklin Avenue Suite 406. The primary mission of this organization is to provide affordable housing solutions for individuals with very low income. They own and manage around 200 rental apartments, catering to this specific demographic. By offering these apartments, they contribute to the community by making housing accessible to those who might otherwise struggle with affording it. The organization employs a team of 26 individuals to fulfill its mission.


Is Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp legitimate?

Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $579,405

For more financial information, click here


What is the mission statement of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp?
Who is the CEO of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp?
What is the revenue of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp?
Who are the executives of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp and what are their salaries?
Where can I find the form 990 for Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp?

Mission Statement of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp

Grand Street Guild HDFC Inc, as represented by Comerford & Dougherty LLP, is committed to providing rental apartments for individuals with extremely low income. This nonprofit organization's mission is to offer affordable housing solutions, catering specifically to those who fall within this income bracket. The corporation, in fulfilling its mission, owns and manages 200 rental apartments, providing a vital service to those in need of secure and affordable housing. By offering these apartments, Grand Street Guild HDFC Inc aims to contribute to the well-being and stability of its residents, allowing them to focus on other aspects of their lives.

Impact

This information is meant to be a general summary of Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Grand Street Guild Hdfc Inc C/O Comerford & Dougherty Llp's impact lies in its provision of affordable rental apartments for individuals with very low incomes. By owning and operating 200 rental units in Garden City, NY, this organization directly addresses the critical need for housing among vulnerable populations. Their mission to provide affordable housing contributes to the overall stability and well-being of low-income individuals and families in the community.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $47,740
  • Program Service Revenue: $11,312,396
  • Gross Receipts: $11,360,136

    • Assets and Liabilities:
  • Total Assets: $32,366,704
  • Total Liabilities: $58,902,926
  • Net Assets: -$26,536,222
  • Programs

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

    RENTAL INCOME

    Revenue

    $10,240,989

    LEASE TERMINATION FEE

    Revenue

    $1,071,407

    Organization Details

    Founding Year

    1970

    Principal Officer

    Kevin Cronin

    Main Address

    1122 FRANKLIN AVENUE SUITE 406, GARDEN CITY, NY, 11530

    NTEE Category

    Code: L99 - Housing

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