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New Hull Street Housing Development Fund

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

EIN: 133607310 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is New Hull Street Housing Development Fund?

New Hull Street Housing Development Fund is a nonprofit organization located in New York City, specifically at 247 W 37th Street 4th Floor, New York, NY 10018. Their primary mission is to offer affordable housing solutions to low-income families residing in Brooklyn, New York. This mission is carried out through their activities and mission statement, both of which emphasize their commitment to providing affordable housing. The organization is focused on making a meaningful impact in the community by offering this essential service.


Official website here: www.settlementhousingfund.org

Is New Hull Street Housing Development Fund legitimate?

New Hull Street Housing Development Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Hull Street Housing Development Fund 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.settlementhousingfund.org

What is the mission statement of New Hull Street Housing Development Fund?

The New Hull Street Housing Development Fund is committed to a mission of providing low-income, affordable housing options for families in Brooklyn, New York. This organization strives to make housing accessible for those who may not otherwise be able to afford it, ensuring that families have a stable living environment. The primary activity of the New Hull Street Housing Development Fund revolves around this mission, aiming to provide a much-needed service within the community.


Official website here: www.settlementhousingfund.org

Who is the CEO of New Hull Street Housing Development Fund?

Alexa Sewell is the President of New Hull Street Housing Development Fund.


Official website here: www.settlementhousingfund.org

What is the revenue of New Hull Street Housing Development Fund?

New Hull Street Housing Development Fund's revenue in 2022 was $363,115.


Official website here: www.settlementhousingfund.org

Who are the executives of New Hull Street Housing Development Fund and what are their salaries?


Here are 3 key members and their salaries:


Alexa Sewell (President)
  • Compensation: $0
  • Related: $286,870
  • Other: $37,820
Fazeela Siddiqui (Vice President)
  • Compensation: $0
  • Related: $124,221
  • Other: $38,578
Jacqueline Tom (Secretary/Treasurer)
  • Compensation: $0
  • Related: $167,946
  • Other: $14,671


Official website here: www.settlementhousingfund.org

Where can I find the form 990 for New Hull Street Housing Development Fund?

New Hull Street Housing Development Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.settlementhousingfund.org

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

Mission Statement of New Hull Street Housing Development Fund

The New Hull Street Housing Development Fund is committed to providing affordable housing solutions for low-income families in Brooklyn, New York. Their mission, in essence, is to be a beacon of hope for those in need, offering them a place to call home. By doing so, they aim to contribute positively to the community, ensuring that everyone has access to a decent living space, regardless of their financial circumstances.

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Impact




October, 2024

The New Hull Street Housing Development Fund significantly contributes to addressing the affordable housing crisis in Brooklyn, New York, by facilitating the development of low-income housing for families in need. Through its focused efforts, it helps to create stable living environments, which are crucial for family stability and community cohesion.

By providing accessible housing options, the fund plays a key role in improving the quality of life for residents, allowing families to thrive without the burden of excessive housing costs. This initiative not only supports individual households but also strengthens the wider Brooklyn community by promoting diversity and economic inclusivity.

Moreover, the New Hull Street Housing Development Fund's impact includes stimulating local economies through construction projects and job creation associated with housing developments, thereby fostering a healthier economic environment. Overall, it embodies a vital effort to ensure that affordable housing remains a reality for families in Brooklyn.




This information is meant to be a general summary of New Hull Street Housing Development Fund. 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
$363,115 (2022)
Expenses
$432,803 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $2,258
  • Program Service Revenue: $360,857
  • Gross Receipts: $363,115

Assets and Liabilities:

  • Total Assets: $2,010,447
  • Total Liabilities: $2,645,926
  • Net Assets: -$635,479

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Programs

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

RENTAL INCOME

Revenue

$261,990

SUBSIDY RENT

Revenue

$98,867

Organization Details

Founding Year

1990

Principal Officer

Alexa Sewell

Main Address

247 W 37TH STREET 4TH FL, NEW YORK, NY, 10018

NTEE Category

Code: L21 - Housing

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