Overview
What is Nyc Partnership Housing Development Fund Company Inc?
NYC Partnership Housing Development Fund Company Inc is a nonprofit organization based in New York City. Their primary mission is to promote home ownership and develop affordable housing sites. They achieve this by entering into contracts with government entities, using public funds to subsidize site development activities. The company holds title to development sites, leveraging its tax-exempt status to lower construction costs, thereby making the completed homes more affordable for their intended population. In essence, NYC Partnership Housing Development Fund Company Inc plays a crucial role in making housing more accessible for those who might otherwise struggle with affordability.
Is Nyc Partnership Housing Development Fund Company Inc legitimate?
Nyc Partnership Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nyc Partnership Housing Development Fund 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.
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 Nyc Partnership Housing Development Fund Company Inc?
Nyc Partnership Housing Development Fund Company Inc is dedicated to promoting home ownership and developing affordable housing sites. The organization operates with a focus on contracting for home ownership and affordable housing development projects. They work in collaboration with government entities to apply public funds, or subsidies, to site development activities. By holding title to development sites, Nyc Partnership Housing Development Fund Company Inc leverages its tax-exempt status, lowering the construction cost and enabling the completion of homes to be priced affordably for the target population.
Who is the CEO of Nyc Partnership Housing Development Fund Company Inc?
Adam Gold is the President & Ceo Thru 08/31/22 of Nyc Partnership Housing Development Fund Company Inc. The CEO's salary of Nyc Partnership Housing Development Fund Company Inc is $0 and their total compensation is $152,996.
What is the revenue of Nyc Partnership Housing Development Fund Company Inc?
Nyc Partnership Housing Development Fund Company Inc's revenue in 2022 was $6,059,508.
Who are the executives of Nyc Partnership Housing Development Fund Company Inc and what are their salaries?
Here are 7 key members and their salaries (Nyc Partnership Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $152,996):
- Compensation: $0
- Related: $253,604
- Other: $37,784
- Compensation: $0
- Related: $139,427
- Other: $13,569
- Compensation: $0
- Related: $286,412
- Other: $46,209
- Compensation: $0
- Related: $209,364
- Other: $14,371
- Compensation: $0
- Related: $50,338
- Other: $12,616
- Compensation: $0
- Related: $137,683
- Other: $13,242
- Compensation: $0
- Related: $181,730
- Other: $27,853
Where can I find the form 990 for Nyc Partnership Housing Development Fund Company Inc?
Nyc Partnership Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nyc Partnership Housing Development Fund Company Inc
The New York City Partnership Housing Development Fund Company Inc is established with a specific purpose in mind: to promote home ownership and develop affordable housing sites. This mission is carried out through various activities, including entering into contracts for home ownership and affordable housing site development, and utilizing public funds, or subsidies, to offset the costs associated with these projects. By holding title to the development sites, the organization is able to pass on the benefits of its tax-exempt status to the projects, thereby reducing construction costs and making the completed homes more affordable for the intended population. In essence, the New York City Partnership Housing Development Fund Company Inc is dedicated to making home ownership a realistic and attainable goal for a broader segment of society.
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
October, 2024
Nyc Partnership Housing Development Fund Company Inc significantly impacts the New York housing landscape by fostering home ownership and developing affordable housing. By partnering with government entities, the organization utilizes public funds to engage in site development activities, effectively lowering construction costs through its tax-exempt status. This strategic approach allows for the creation of homes priced affordably for lower-income populations, addressing critical housing needs in a city where affordability remains a pressing issue. Through these efforts, the organization not only enhances housing accessibility but also contributes to community stability and economic growth.
This information is meant to be a general summary of Nyc Partnership Housing Development Fund Company 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.
- Gross Receipts: $6,059,508
Assets and Liabilities:
- Total Assets: $6,528,617
- Total Liabilities: $339,698
- Net Assets: $6,188,919
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1983
Phone
(646) 217-3370Principal Officer
Adam Gold
Main Address
253 WEST 35TH STREET 3RD FL, NEW YORK, NY, 100011913
NTEE Category
Code: L21 - Housing
If you are a representative of Nyc Partnership Housing Development Fund 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.