Overview
What is Community Assisted Tenant Controlled Housing Inc?
Community Assisted Tenant Controlled Housing Inc., often referred to as CATCH, is a nonprofit organization based in New York City, specifically at 121 Sixth Ave, New York, NY 10013. Their primary mission is to provide affordable housing to underprivileged communities. They achieve this by acquiring and renovating distressed buildings across the city, transforming them into homes that remain permanently affordable for low- and very low-income households. CATCH then establishes Mutual Housing Associations, which are democratically controlled by the residents living in these buildings. As of now, CATCH has successfully renovated over 50 buildings, offering housing for more than 1,000 apartments.
Official website here: www.catchnyc.org
Is Community Assisted Tenant Controlled Housing Inc legitimate?
Community Assisted Tenant Controlled Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Community Assisted Tenant Controlled Housing 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.catchnyc.org
What is the mission statement of Community Assisted Tenant Controlled Housing Inc?
Community Assisted Tenant Controlled Housing Inc, often referred to as CATCH, is dedicated to providing decent and affordable housing to underprivileged residents. Their primary objective is to acquire and renovate distressed buildings, transforming them into permanently affordable living spaces for very low- and low-income households. CATCH establishes mutual housing associations, which are then democratically controlled by the residents, allowing for community governance. By now, CATCH has successfully renovated over 50 buildings, housing more than a thousand apartments.
Official website here: www.catchnyc.org
Who is the CEO of Community Assisted Tenant Controlled Housing Inc?
Kenneth Wray is the Assistant Treasurer of Community Assisted Tenant Controlled Housing Inc.
Official website here: www.catchnyc.org
What is the revenue of Community Assisted Tenant Controlled Housing Inc?
Community Assisted Tenant Controlled Housing Inc's revenue in 2022 was $323,199.
Official website here: www.catchnyc.org
Who are the executives of Community Assisted Tenant Controlled Housing Inc and what are their salaries?
There 5 volunteers at Community Assisted Tenant Controlled Housing Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $83,875
- Other: $5,085
- 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: $134,301
- Other: $8,001
Official website here: www.catchnyc.org
Where can I find the form 990 for Community Assisted Tenant Controlled Housing Inc?
Community Assisted Tenant Controlled Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.catchnyc.org
Learn more at the official website: www.catchnyc.org
Mission Statement of Community Assisted Tenant Controlled Housing Inc
Community Assisted Tenant Controlled Housing Inc., or CATCH, is an organization dedicated to empowering underprivileged residents by making decent, affordable housing available to them. It achieves this by acquiring and renovating distressed buildings in various locations, specifically in New York City. Once renovated, CATCH establishes mutual housing associations, which are democratically controlled by the residents. These associations take ownership and management of the renovated buildings, ensuring that the housing remains permanently affordable for very low- and low-income households. To date, CATCH has successfully revitalized over 50 buildings, providing more than 1,000 affordable apartments for those in need.
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Impact
October, 2024
Community Assisted Tenant Controlled Housing Inc (CATCH) significantly impacts the availability of affordable housing in New York City. By acquiring and renovating distressed buildings, CATCH transforms these properties into decent, affordable homes for very low- and low-income households.
This initiative not only addresses the critical housing needs of underprivileged residents but also contributes to community stability and well-being. CATCH's model of creating mutual housing associations empowers residents by allowing them to democratically control the management of their housing. This resident-driven approach fosters a sense of community and responsibility, enabling individuals to have a voice in their living environment.
With over 50 buildings and more than 1,000 apartments renovated, CATCH plays a crucial role in increasing the stock of permanently affordable housing in an area where housing costs often exceed the means of many residents. Their work not only provides immediate housing solutions but also contributes to the long-term health and vibrancy of neighborhoods in New York City.
This information is meant to be a general summary of Community Assisted Tenant Controlled Housing 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.
- Program Service Revenue: $320,699
- Gross Receipts: $323,199
Assets and Liabilities:
- Total Assets: $1,063,875
- Total Liabilities: $853,782
- Net Assets: $210,093
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEES
Revenue
$184,259
DEVELOPER FEES
Revenue
$83,401
MANAGEMENT FEES
Revenue
$53,039
Organization Details
Founding Year
1991
Phone
(212) 431-9700Principal Officer
Kenneth Wray
Main Address
121 SIXTH AVE, NEW YORK, NY, 10013
Website
www.catchnyc.orgNTEE Category
Code: N51Z - Recreation
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