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Clinton Housing Development Fund Corporation

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

EIN: 133051006 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Clinton Housing Development Fund Corporation?

Clinton Housing Development Fund Corporation is a nonprofit organization, situated in New York City, New York. Their primary mission is to develop, manage, and maintain affordable housing projects for individuals with low income, operating on a non-profit basis. The corporation has demonstrated its commitment to this cause by overseeing several such projects within the city.

Is Clinton Housing Development Fund Corporation legitimate?

Clinton Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Clinton 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: $407,988

For more financial information, click here

What is the mission statement of Clinton Housing Development Fund Corporation?

The Clinton Housing Development Fund Corporation is dedicated to developing, managing, and maintaining affordable housing projects for individuals of low income, operating on a non-profit basis. They have been instrumental in creating and managing several such projects within urban areas. The organization's primary goal is to provide housing solutions for those who may not otherwise have access to adequate housing. By doing so, they aim to contribute positively to the community and improve the living conditions of its residents.

Who is the CEO of Clinton Housing Development Fund Corporation?

Joseph Restuccia is the Treasurer of Clinton Housing Development Fund Corporation.

What is the revenue of Clinton Housing Development Fund Corporation?

Clinton Housing Development Fund Corporation's revenue in 2022 was $2,277,456.

Who are the executives of Clinton Housing Development Fund Corporation and what are their salaries?


Here are 3 key members and their salaries:


Joseph Restuccia (Treasurer)
  • Compensation: $0
  • Related: $219,467
  • Other: $0
David Korman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luz Monje (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Clinton Housing Development Fund Corporation?

Clinton Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Clinton Housing Development Fund Corporation

Clinton Housing Development Fund Corporation, as a non-profit organization, is dedicated to developing, managing, and maintaining housing projects for individuals of low income. Its primary mission is to provide affordable living spaces for those who might otherwise struggle to find suitable housing. By operating on a non-profit basis, the corporation ensures that its focus remains on serving the community rather than generating profits. Through its efforts, Clinton Housing Development Fund Corporation has made significant contributions to the housing landscape in New York City, New York, where it has developed, managed, and operated numerous low-income projects.

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Impact




October, 2024

Clinton Housing Development Fund Corporation has a significant impact on the community by developing, managing, and maintaining affordable housing projects for low-income individuals and families in New York City. Through its initiatives, the organization addresses the urgent need for affordable housing, helping to stabilize neighborhoods and enhance the quality of life for residents. By focusing on low-income populations, it promotes inclusivity and supports economic diversity within the urban landscape. The corporation's commitment to maintaining these housing projects ensures long-term accessibility and sustainability, ultimately fostering a sense of community and belonging among residents.




This information is meant to be a general summary of Clinton 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.

Revenue
$2,277,456 (2022)
Expenses
$2,725,633 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,907
  • Program Service Revenue: $2,273,784
  • Gross Receipts: $2,277,456

Assets and Liabilities:

  • Total Assets: $25,742,244
  • Total Liabilities: $4,730,436
  • Net Assets: $21,011,808

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Programs

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

RENTAL INCOME

Revenue

$2,273,784

Organization Details

Founding Year

1980

Principal Officer

Joseph Restuccia

Main Address

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

NTEE Category

Code: L21 - Housing

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