Clinton Housing Development Company Inc

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

EIN: 132851988 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Clinton Housing Development Company Inc?

Clinton Housing Development Company Inc, based in New York City, is a dedicated nonprofit organization with the mission of improving its Clinton community and surrounding neighborhoods. They accomplish this by providing and maintaining affordable housing for individuals with low income, operating on a non-profit basis. This commitment extends beyond development, as they also manage and maintain these housing projects to ensure the well-being of their residents.


Is Clinton Housing Development Company Inc legitimate?

Clinton Housing Development Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clinton Housing Development Company Inc 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: $219,467
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,708,367

For more financial information, click here


What is the mission statement of Clinton Housing Development Company Inc?
Who is the CEO of Clinton Housing Development Company Inc?
What is the revenue of Clinton Housing Development Company Inc?
Who are the executives of Clinton Housing Development Company Inc and what are their salaries?
Where can I find the form 990 for Clinton Housing Development Company Inc?

Mission Statement of Clinton Housing Development Company Inc

Clinton Housing Development Company, a non-profit organization, is dedicated to making a significant impact in the realm of housing. Their primary mission is to develop, manage, and maintain affordable housing projects for individuals of low income, all carried out on a non-profit basis. By doing so, they aim to contribute positively to their community, specifically focusing on New York City's Clinton neighborhood and its surroundings.

Impact

This information is meant to be a general summary of Clinton Housing Development Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Clinton Housing Development Company Inc's impact is significant as it plays a crucial role in developing New York City's Clinton community and surrounding neighborhoods by providing permanent affordable housing for individuals of low income. Through its mission to develop, manage, and maintain housing projects on a non-profit basis, CHDC has helped address the housing needs of vulnerable populations and contributed to creating more stable and secure living environments for those in need. By focusing on providing affordable housing options, CHDC is positively impacting the lives of individuals and families who might otherwise struggle to find suitable accommodation in a competitive housing market.





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 2022.

  • Investment Income: $39,690
  • Program Service Revenue: $4,651,166
  • Gross Receipts: $6,736,073

    • Assets and Liabilities:
  • Total Assets: $133,253,863
  • Total Liabilities: $94,666,719
  • Net Assets: $38,587,144
  • Programs

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

    RESIDENTIAL RENT

    Revenue

    $2,465,463

    PROPERTY MGMT FEES

    Revenue

    $702,308

    NET LEASES

    Revenue

    $663,802

    REPAIRS & MAINT. FEES

    Revenue

    $182,467

    DEVELOPER FEES

    Revenue

    $163,774

    Organization Details

    Principal Officer

    Joseph Restuccia

    Main Address

    403 WEST 40TH STREET, NEW YORK, NY, 10018

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Clinton Housing Development Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.