Overview
What is Park Avenue Thorpe Housing Development Fund Corporation?
Park Avenue Thorpe Housing Development Fund Corporation is a nonprofit organization situated in the Bronx, New York. Their primary mission is to offer affordable, supportive housing to low-income families and individuals who have previously experienced homelessness. The building they manage houses 20 apartments and features a ground floor space for Louise's Pantry Food Security Program, which provides resources like healthy food, toiletries, and clothing to approximately 24,000 individuals annually. In addition, the organization offers case management services, including domestic violence prevention and intervention, financial empowerment classes, fire safety courses, and nutritional demonstrations. Their on-site case management staff ensures housing retention and stability for the residents and provides support to the community at large.
Is Park Avenue Thorpe Housing Development Fund Corporation legitimate?
Park Avenue Thorpe Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Avenue Thorpe 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
What is the mission statement of Park Avenue Thorpe Housing Development Fund Corporation?
Park Avenue Thorpe Housing Development Fund Corporation's mission is centered around providing affordable, supportive housing for low-income households and chronically homeless individuals. The organization maintains 20 one- and two-bedroom apartments, ensuring that the rent is within reach for those whose income is less than 50% or 60% of the area median income, as determined by HUD. The cornerstone of this mission is the provision of on-site case management services, offering essential support to the residents. By offering low rents and comprehensive services, Park Avenue Thorpe Housing Development Fund Corporation enables families to maintain a stable living situation within their communities.
Who is the CEO of Park Avenue Thorpe Housing Development Fund Corporation?
Rachel Levine is the Executive Dir/Treas. Thru 6/30/22 of Park Avenue Thorpe Housing Development Fund Corporation.
What is the revenue of Park Avenue Thorpe Housing Development Fund Corporation?
Park Avenue Thorpe Housing Development Fund Corporation's revenue in 2022 was $272,401.
Who are the executives of Park Avenue Thorpe Housing Development Fund Corporation and what are their salaries?
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $136,231
- Other: $2,750
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $71,012
- Other: $13,490
Where can I find the form 990 for Park Avenue Thorpe Housing Development Fund Corporation?
Park Avenue Thorpe Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Park Avenue Thorpe Housing Development Fund Corporation
Park Avenue Thorpe Housing Development Fund Corporation, abbreviated as PAT HDFC, is dedicated to providing affordable and supportive housing for low-income households and the chronically homeless. The organization manages a building that houses 20 one- and two-bedroom apartments, catering to individuals whose income falls below 50% or 60% of the area median income, as determined by HUD.
The mission of PAT HDFC goes beyond providing just housing. It involves offering on-site case management services, which play a crucial role in supporting its residents. This comprehensive approach to housing enables families to maintain their presence in their communities while dealing with their unique challenges. The affordable rents, made possible by PAT HDFC, are a significant relief for its residents, allowing them to focus on other aspects of their lives.
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Impact
October, 2024
Park Avenue Thorpe Housing Development Fund Corporation plays a significant role in addressing the needs of low-income residents in the Bronx by providing permanent, affordable supportive housing. By offering twenty affordable apartments, it supports formerly homeless families and individuals, fostering stability and community integration.
The organization enhances its housing initiative with essential services designed to promote well-being and self-sufficiency. Louise's Pantry, located on the ground floor, addresses food insecurity, serving 200-250 households weekly with nutritious food, toiletries, and clothing, positively impacting approximately 24,000 individuals throughout the year.
Furthermore, the provision of intensive case management ensures that residents have access to vital resources aimed at improving their quality of life. Services include domestic violence prevention and intervention, funded by local initiatives, as well as a variety of educational workshops focusing on financial empowerment, fire safety, and nutrition. This holistic approach not only helps residents retain their housing but also equips them with the skills and support they need to thrive within their community.
In summary, Park Avenue Thorpe Housing Development Fund Corporation significantly impacts the Bronx by alleviating homelessness and enhancing the lives of low-income households through stable housing and comprehensive support services.
This information is meant to be a general summary of Park Avenue Thorpe 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $43
- Program Service Revenue: $124,909
- Gross Receipts: $272,401
Assets and Liabilities:
- Total Assets: $1,004,085
- Total Liabilities: $489,365
- Net Assets: $514,720
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$124,909
Organization Details
Founding Year
1996
Phone
(212) 777-1010Principal Officer
Rachel Levine
Main Address
406 EAST 184TH STREET, BRONX, NY, 10458
NTEE Category
Code: L40 - Housing
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