Overview
What is New York City Historic Properties Fund Inc?
New York City Historic Properties Fund Inc is a nonprofit organization based in New York City, specifically at ONE WHITEHALL STREET 21ST FLOOR. Their primary mission is to preserve historical properties of value in the five boroughs of New York City. They accomplish this by providing loan financing and project management assistance. In 2022 alone, they advanced over $1,357,000 for projects in Brooklyn, Manhattan, and Queens. The organization plays a significant role in the New York Landmarks Conservancy, acting as a major financing vehicle and a crucial component of their preservation efforts. They aid various property types, including cooperatives, non-profit organizations, commercial buildings, religious properties, and private residential structures, ensuring the long-term preservation of New York City's historical heritage.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Stars)
The New York City Historic Properties Fund Inc has achieved a strong 94% rating from Charity Navigator, earning a Four-Star designation. This high score reflects the organization's commitment to accountability and finance, as it is derived entirely from their beacon score in this category. A key highlight is the organization's 100% independent board, which enhances governance and credibility.
Strengths of the organization include its solid financial management practices, evidenced by a perfect score in financial audits and no material diversion of assets. Additionally, the Fund maintains a high program expense ratio of 74.67%, indicating that a significant portion of its budget is allocated directly to its mission-related activities. The presence of comprehensive policies, including conflict of interest and whistleblower protections, further supports its operational integrity.
While the ratings and feedback are overwhelmingly positive, potential limitations are not explicitly mentioned in the data provided. However, organizations achieving such high ratings typically face scrutiny in terms of sustainability and impact over the long term. Overall, the New York City Historic Properties Fund Inc demonstrates strong financial health and governance practices, positioning itself effectively within the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is New York City Historic Properties Fund Inc legitimate?
New York City Historic Properties Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York City Historic Properties Fund 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: $0
For more financial information, click here
What is the mission statement of New York City Historic Properties Fund Inc?
The New York City Historic Properties Fund Inc's mission is centered around providing financial assistance to the owners of landmark properties within the city. This aid is intended to ensure the long-term preservation of these historical structures. The fund accomplishes this by offering loan financing and project management assistance for properties with significant historical value in New York City. In 2022, the fund disbursed over $1.3 million for projects in Brooklyn, Manhattan, and Queens. Over the years, the fund has proven to be a significant financing vehicle and a crucial programmatic component within New York City, significantly contributing to the New York Landmarks Conservancy, which oversees its administration.
Who is the CEO of New York City Historic Properties Fund Inc?
Lloyd P Zuckerberg is the President of New York City Historic Properties Fund Inc.
What is the revenue of New York City Historic Properties Fund Inc?
New York City Historic Properties Fund Inc's revenue in 2022 was $515,794.
Who are the executives of New York City Historic Properties Fund Inc and what are their salaries?
There 9 volunteers at New York City Historic Properties Fund Inc.
Here are 9 key members and their salaries:
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for New York City Historic Properties Fund Inc?
New York City Historic Properties Fund Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of New York City Historic Properties Fund Inc
New York City Historic Properties Fund Inc, as its mission statement suggests, is dedicated to providing financial aid to the owners of landmark properties scattered throughout the five boroughs of New York City. This nonprofit organization aims to ensure the long-term preservation of historic properties by offering loan financing and project management assistance. By funding projects that hold significant historical value, the New York City Historic Properties Fund Inc plays a pivotal role in safeguarding the city's rich cultural heritage. In 2022 alone, the fund advanced over $1,357,000 for projects in Brooklyn, Manhattan, and Queens, further cementing its status as a major financing vehicle in the city and a critical component of the New York Landmarks Conservancy, which administers the fund.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
New York City Historic Properties Fund Inc plays a vital role in preserving historic buildings in New York City. By providing loan financing and project management assistance, the organization ensures the restoration and maintenance of significant landmarks in the city. In 2022 alone, the fund advanced over $1,357,000 for projects in Brooklyn, Manhattan, and Queens, demonstrating its commitment to preserving the cultural and architectural heritage of the five boroughs. Through its efforts, New York City Historic Properties Fund Inc has become a crucial financing vehicle in New York City and a key partner of the New York Landmarks Conservancy.
This information is meant to be a general summary of New York City Historic Properties Fund 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: $533
- Program Service Revenue: $196,408
- Gross Receipts: $515,794
Assets and Liabilities:
- Total Assets: $9,349,763
- Total Liabilities: $437,308
- Net Assets: $8,912,455
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM LOAN INTEREST
Revenue
$196,408
Organization Details
Founding Year
1981
Phone
(212) 995-5260Principal Officer
Lloyd P Zuckerberg
Main Address
ONE WHITEHALL STREET 21ST FLOOR, NEW YORK, NY, 10004
NTEE Category
Code: A80 - Arts
If you are a representative of New York City Historic Properties Fund 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.