Housing Works Housing Development Fund Corporation

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

EIN: 133775886 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Housing Works Housing Development Fund Corporation?

Housing Works Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 57 Willoughby Street 2nd Floor. Their primary mission is to offer permanent supportive housing to homeless, low-income New Yorkers living with HIV/AIDS. They achieve this mission through a combination of government contracts and rental income. Residents' rent is kept affordable, not exceeding 30% of their income. This organization's purpose is to enhance the living conditions and overall well-being of individuals affected by HIV/AIDS, providing them with a stable and secure housing environment.


Official website here: www.housingworks.org

Is Housing Works Housing Development Fund Corporation legitimate?

Housing Works Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Works Housing Development Fund Corporation 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.housingworks.org

What is the mission statement of Housing Works Housing Development Fund Corporation?

The Housing Works Housing Development Fund Corporation is dedicated to providing permanent supportive housing for homeless, low-income individuals living with HIV/AIDS. Their mission is realized through revenue generated from government contracts and residents' rent, with the rent capped at 30% of their income. The organization offers housing and healthcare services to those suffering from AIDS or HIV-related illnesses, ensuring they have access to a secure living environment. The subsidized program aims to improve the quality of life for these individuals, providing them with a stable home base to manage their health conditions more effectively.


Official website here: www.housingworks.org

Who is the CEO of Housing Works Housing Development Fund Corporation?

Charles King is the Vice Chair of Housing Works Housing Development Fund Corporation.


Official website here: www.housingworks.org

What is the revenue of Housing Works Housing Development Fund Corporation?

Housing Works Housing Development Fund Corporation's revenue in 2022 was $350,954.


Official website here: www.housingworks.org

Who are the executives of Housing Works Housing Development Fund Corporation and what are their salaries?

There 1 volunteer at Housing Works Housing Development Fund Corporation.


Here are 4 key members and their salaries:


Andrew Coamey (Secretary)
  • Compensation: $0
  • Related: $228,884
  • Other: $25,086
Charles King (Vice Chair)
  • Compensation: $0
  • Related: $416,319
  • Other: $15,243
Earl Ward (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jolanta Ilczuk (Chief Financial Officer)
  • Compensation: $0
  • Related: $241,353
  • Other: $3,944


Official website here: www.housingworks.org

Where can I find the form 990 for Housing Works Housing Development Fund Corporation?

Housing Works Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.housingworks.org

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

Mission Statement of Housing Works Housing Development Fund Corporation

Housing Works Housing Development Fund Corporation is a dedicated organization that provides permanent supportive housing to homeless, low-income New Yorkers living with HIV/AIDS. Their mission is centered around offering a secure living environment for individuals battling HIV/AIDS-related illnesses, who often face financial instability. The organization sources its revenue primarily from government contracts and the rent paid by residents, with the latter capped at a maximum of 30% of their income. This approach ensures that the housing is affordable and accessible to those in need. By providing housing and essential health services, Housing Works Housing Development Fund Corporation plays a significant role in improving the lives of individuals affected by HIV/AIDS, offering them a chance at a more stable and healthier existence.

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Impact




October, 2024

Housing Works Housing Development Fund Corporation significantly impacts the community by providing permanent supportive housing for homeless and low-income New Yorkers living with HIV/AIDS. By offering stable housing and essential health services, the organization helps improve the quality of life for individuals facing these health challenges. The program is complemented by governmental contracts and rental income, ensuring sustainability and effective service delivery.

In Brooklyn, the corporation focuses on individuals suffering from AIDS or HIV-related illnesses, facilitating access to safe, affordable living arrangements while capping resident rent at 30% of their income. This model not only alleviates housing insecurity but also fosters a supportive environment where residents can thrive, leading to better health outcomes and enhanced overall well-being. Through its efforts, Housing Works Housing Development Fund Corporation plays a crucial role in addressing the intersecting challenges of homelessness and health disparities in vulnerable populations.




This information is meant to be a general summary of Housing Works Housing Development Fund Corporation. 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
$350,954 (2022)
Expenses
$271,613 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $350,954
  • Gross Receipts: $350,954

Assets and Liabilities:

  • Total Assets: $2,040,170
  • Total Liabilities: $21,674
  • Net Assets: $2,018,496

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Programs

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

RENTAL INCOME

Revenue

$350,954

Organization Details

Founding Year

1992

Principal Officer

Charles King

Main Address

57 WILLOUGHBY STREET 2ND FL, BROOKLYN, NY, 11201

NTEE Category

Code: L20 - Housing

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