Overview
What is Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc?
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc is a nonprofit organization situated in New York City, specifically at 2 Park Avenue, 20th Floor. Their primary mission is to provide housing accommodations for individuals who are deaf, deaf-blind, and disabled, catering to those of low income. The organization manages 32 apartment units to support their cause. Their activity or mission description highlights their dedication to enhancing living conditions for these specific groups of people, ensuring they have access to comfortable and suitable housing.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 75% (Three-Star out of Four Star Rating)
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc has received a three-star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored 75% overall, with a focus on its Accountability & Finance metrics, which contribute entirely to the rating. This score reflects a commitment to transparency and effective governance.
The nonprofit demonstrates strong governance practices, with an entirely independent board and comprehensive financial oversight. Key strengths include a high program expense ratio of 92%, meaning that most of its funds are directed towards its programs rather than administrative costs. Additionally, the organization adheres to best practices with policies on conflicts of interest and whistleblowing, which enhances its accountability.
However, while the financial management appears sound, the rating does not consider other operational aspects, such as program outcomes or community impact. Therefore, while the financial health is promising, potential donors may want to explore additional information about the effectiveness of its programs and services.
This AI summary has been generated from information found on Charity Navigator.
Is Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc legitimate?
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nysd Rombouts Housing Development Fund Company Inc C/O Fegs 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: $74,970
For more financial information, click here
What is the mission statement of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc?
The mission of Nysd Rombouts Housing Development Fund Company Inc, managed by Fegs Inc, is centered around providing housing for individuals who are deaf, deaf-blind, and disabled, with a low income. Their primary objective is to ensure that housing is accessible for this specific group of individuals. The company operates a housing program that includes 32 apartment units, dedicated to serving this community. The organization's purpose is to make a significant contribution to the living conditions and overall well-being of these individuals by offering them suitable housing options.
Who is the CEO of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc?
Judith Pincus is the President of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc.
What is the revenue of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc?
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc's revenue in 2023 was $701,948.
Who are the executives of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $235,843
- Other: $36,729
- Compensation: $0
- Related: $221,434
- Other: $55,866
- Compensation: $0
- Related: $116,156
- Other: $50,850
Where can I find the form 990 for Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc?
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc
Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc, as a nonprofit organization, is dedicated to providing housing opportunities for individuals who are deaf, deaf-blind, and disabled, falling under the category of low-income earners. The organization's primary mission is to offer housing to this specific group of individuals, ensuring they have access to safe and suitable living spaces. With 32 apartment units available in their housing program, Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc is committed to making a significant difference in the lives of those who face unique challenges due to their hearing and mobility impairments. By offering such housing, the organization strives to promote inclusivity and equality, ensuring that these individuals can live with dignity and independence.
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Impact
July, 2024
The impact of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs Inc is significant in providing housing for the deaf, deaf-blind, and disabled individuals of low income in New York. By offering 32 apartment units specifically designed for this demographic, the organization addresses a crucial need within the community. Through its mission to provide accessible and affordable housing, Nysd Rombouts HDFC contributes to improving the quality of life and ensuring the well-being of those with unique accessibility requirements. The organization's focus on housing for the deaf and disabled exemplifies a targeted and effective approach to catering to a specific demographic that may face housing challenges.
This information is meant to be a general summary of Nysd Rombouts Housing Development Fund Company Inc C/O Fegs 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 2023.
- Investment Income: $19,924
- Program Service Revenue: $682,024
- Gross Receipts: $701,948
Assets and Liabilities:
- Total Assets: $2,618,398
- Total Liabilities: $4,007,544
- Net Assets: -$1,389,146
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$677,583
LAUNDRY & VENDING
Revenue
$4,441
Organization Details
Founding Year
1994
Phone
(212) 366-0036Principal Officer
Judith Pincus
Main Address
2 PARK AVENUE 20TH FLOOR, NEW YORK, NY, 10016
NTEE Category
Code: L99 - Housing
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