Overview
What is Yorkville Gardens Housing Development Fund Co Inc?
Yorkville Gardens Housing Development Fund Co Inc is a nonprofit organization situated in New York City, specifically at 11 Park Place 1416, New York, NY 10007. Their primary mission is to develop, construct, and operate housing and related facilities, primarily catering to the elderly and individuals with disabilities. They provide 131 units of subsidized, low-income housing, with 46 of these units specifically designated for senior citizens who require special assistance and food services. Additionally, this housing complex, located on East 93rd Street, offers social and recreational services to its residents. The organization employs a team of 11 individuals to fulfill its mission.
Official website here: www.nyfsc.org
Is Yorkville Gardens Housing Development Fund Co Inc legitimate?
Yorkville Gardens Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Yorkville Gardens Housing Development Fund Co 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $341,146
For more financial information, click here
Official website here: www.nyfsc.org
What is the mission statement of Yorkville Gardens Housing Development Fund Co Inc?
Yorkville Gardens Housing Development Fund Co Inc's mission is centered around developing, constructing, and operating housing and related facilities primarily for the elderly and individuals with disabilities. Their primary objective is to provide 131 units of subsidized, low-income housing. In addition to housing, they offer social and recreational services to their residents. Forty-six of their tenants are enrolled in the Enriched Housing Program, which provides special assistance and food services for those in need. The company is committed to enhancing the living conditions of its senior citizen residents, offering a supportive environment that caters to their unique needs.
Official website here: www.nyfsc.org
Who is the CEO of Yorkville Gardens Housing Development Fund Co Inc?
Linda Hoffman is the President of Yorkville Gardens Housing Development Fund Co Inc. The CEO's salary of Yorkville Gardens Housing Development Fund Co Inc is $0 and their total compensation is $724,061.
Official website here: www.nyfsc.org
What is the revenue of Yorkville Gardens Housing Development Fund Co Inc?
Yorkville Gardens Housing Development Fund Co Inc's revenue in 2022 was $3,541,110.
Official website here: www.nyfsc.org
Who are the executives of Yorkville Gardens Housing Development Fund Co Inc and what are their salaries?
The average compensation at Yorkville Gardens Housing Development Fund Co Inc during 2022 was $31,013. There are 11 employees and 4 volunteers at Yorkville Gardens Housing Development Fund Co Inc.
Here are 6 key members and their salaries (Yorkville Gardens Housing Development Fund Co Inc's CEO's salary is $0 and their total compensation is $724,061):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $692,717
- Other: $31,344
- Compensation: $0
- Related: $285,600
- Other: $25,497
Official website here: www.nyfsc.org
Where can I find the form 990 for Yorkville Gardens Housing Development Fund Co Inc?
Yorkville Gardens Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyfsc.org
Learn more at the official website: www.nyfsc.org
Mission Statement of Yorkville Gardens Housing Development Fund Co Inc
Yorkville Gardens Housing Development Fund Co Inc, as a nonprofit organization, is dedicated to a mission that involves the development, construction, and operation of housing and related facilities specifically catering to the elderly and individuals with disabilities. Their primary objective is to provide a substantial number of 131 units of subsidized, low-income housing for senior citizens. This housing is designed to meet the unique needs of its residents, offering them a supportive environment that includes social and recreational services. Among its tenants, 46 are enrolled in the Enriched Housing Program, requiring special assistance and food services. The essence of Yorkville Gardens Housing Development Fund Co Inc's mission is to enhance the living conditions and provide essential support services for elderly and handicapped individuals, enabling them to maintain an independent and enriching lifestyle.
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Impact
October, 2024
Yorkville Gardens Housing Development Fund Co Inc significantly enhances the quality of life for senior citizens in New York City by providing 131 units of subsidized low-income housing. Located on East 93rd Street, this development not only offers affordable living arrangements but also incorporates essential social and recreational services tailored to the needs of its residents.
The project serves as a vital resource for the aging population, particularly benefiting the 46 residents enrolled in the enriched housing program who require specialized assistance and food services. By ensuring that these seniors have access to safe, supportive housing, Yorkville Gardens contributes to their overall well-being, fostering a sense of community and belonging among its tenants.
In addition to meeting basic housing needs, Yorkville Gardens plays a crucial role in promoting social interaction and engagement among seniors, thereby helping to combat isolation and loneliness. The combination of secure housing and comprehensive support services underscores the initiative's commitment to enhancing the lives of elderly individuals and ensuring they have the resources necessary to thrive in their later years.
This information is meant to be a general summary of Yorkville Gardens Housing Development Fund Co Inc. 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.
- Investment Income: $95
- Program Service Revenue: $361,187
- Gross Receipts: $3,541,110
Assets and Liabilities:
- Total Assets: $5,048,506
- Total Liabilities: $2,431,717
- Net Assets: $2,616,789
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$361,187
Organization Details
Founding Year
1981
Phone
(212) 962-7653Principal Officer
Linda Hoffman
Main Address
11 PARK PLACE 1416, NEW YORK, NY, 10007
Website
www.nyfsc.orgNTEE Category
Code: L22Z - Housing
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