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West Side Special Housing Development Fund Company Inc

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

EIN: 133363237 ✦ New york, NY ✦ Designated as a 501(c)(2)

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Overview

What is West Side Special Housing Development Fund Company Inc?

West Side Special Housing Development Fund Company Inc is a nonprofit organization situated in New York City, specifically at 2345 Broadway, New York, NY 10024. Its primary mission is to provide housing solutions for individuals of low income. The company is involved in various activities such as owning, constructing, rehabilitating, leasing, managing, maintaining, developing, and operating housing projects. Their goal is to ensure that these projects are accessible to people with limited financial resources, thereby contributing to their well-being and living standards.


Official website here: www.wsfssh.org

Is West Side Special Housing Development Fund Company Inc legitimate?

West Side Special Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. West Side Special 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


Official website here: www.wsfssh.org

What is the mission statement of West Side Special Housing Development Fund Company Inc?

West Side Special Housing Development Fund Company Inc is a not-for-profit organization with a mission to provide housing solutions for individuals of low income. This corporation is dedicated to owning, constructing, rehabilitating, leasing, managing, maintaining, developing, and operating housing projects specifically designed for this demographic. Their primary goal is to ensure affordable housing for those in need. The organization works tirelessly to fulfill this mission, ensuring that the housing projects they oversee are well-equipped and well-maintained.


Official website here: www.wsfssh.org

What is the revenue of West Side Special Housing Development Fund Company Inc?

West Side Special Housing Development Fund Company Inc's revenue in 2024 was $72.


Official website here: www.wsfssh.org

Who are the executives of West Side Special Housing Development Fund Company Inc and what are their salaries?

There 1 volunteer at West Side Special Housing Development Fund Company Inc.

Here are 6 key members and their salaries:


Claire Hilger (Coo/Assist Secretary)
  • Compensation: $0
  • Related: $192,659
  • Other: $7,302
Paul R Freitag (Vice President)
  • Compensation: $0
  • Related: $239,636
  • Other: $53,667
Sheldon J Fine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Drosin (Dir Of Property Mngment)
  • Compensation: $0
  • Related: $136,518
  • Other: $34,296
Nanda Win (Cfo/Treasurer (Outgoing))
  • Compensation: $0
  • Related: $126,124
  • Other: $48,477
Deepak Butani (Cfo (Incoming))
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.wsfssh.org

Where can I find the form 990 for West Side Special Housing Development Fund Company Inc?

West Side Special Housing Development Fund Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.


Official website here: www.wsfssh.org

Learn more at the official website: www.wsfssh.org

Mission Statement of West Side Special Housing Development Fund Company Inc

West Side Special Housing Development Fund Company Inc, a not-for-profit corporation, is dedicated to serving individuals of low income. Their primary mission involves owning, constructing, rehabilitating, leasing, managing, equipping, maintaining, developing, and operating housing projects. This organization is committed to providing affordable living spaces for those who may not have the means to secure such accommodations on their own. By undertaking these tasks, West Side Special Housing Development Fund Company Inc aims to contribute to the well-being of its residents and help them maintain a stable living environment.

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Impact




October, 2024

West Side Special Housing Development Fund Company Inc plays a significant role in addressing housing needs for low-income individuals and families in New York City. By owning, constructing, rehabilitating, leasing, managing, maintaining, and operating housing projects, the organization actively contributes to the availability of affordable housing options. This impact is crucial in a city where housing costs are often prohibitive for many residents.

The development and maintenance of these housing projects not only provide shelter but also create stable living environments that can enhance the overall quality of life for low-income communities. By focusing on comprehensive housing strategies, West Side Special Housing Development Fund Company Inc helps to foster community development, promote social stability, and combat homelessness.

Moreover, the organization likely prioritizes the incorporation of recreational facilities within its housing developments, improving residents' access to leisure and social activities. This holistic approach to community building—combining safe housing with recreational opportunities—serves to enhance social cohesion and well-being among residents.

In summary, West Side Special Housing Development Fund Company Inc significantly impacts the lives of low-income New Yorkers through its commitment to affordable housing, community development, and enhanced quality of life.




This information is meant to be a general summary of West Side Special 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.

Revenue
$72 (2024)
Expenses
$417,347 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $72
  • Gross Receipts: $72

Assets and Liabilities:

  • Total Assets: $5,563,796
  • Total Liabilities: $10,346,489
  • Net Assets: -$4,782,693

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Organization Details

Founding Year

1987

Principal Officer

Paul R Freitag

NTEE Category

Code: N200 - Recreation

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