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Seventeenth Street Housing Development Fund Corporation

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

EIN: 134004190 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Seventeenth Street Housing Development Fund Corporation?

The Seventeenth Street Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 463 7th Avenue, 17th Floor. Their primary mission is to own, rehabilitate, and manage an 18-unit housing project, offering permanent living spaces for low-income individuals. The project is located at 17th Street, New York, New York. This organization is committed to providing affordable housing solutions in the community.

Is Seventeenth Street Housing Development Fund Corporation legitimate?

Seventeenth Street Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Seventeenth Street 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 Seventeenth Street Housing Development Fund Corporation?

The Seventeenth Street Housing Development Fund Corporation is established with the mission to oversee an 18-unit housing project. This project aims to provide permanent residences for individuals with low income. The corporation is responsible for rehabilitating and operating this housing project, ensuring it serves its intended purpose effectively. The location of this project is not specified in the provided information.

Who is the CEO of Seventeenth Street Housing Development Fund Corporation?

Perry Perlmutter is the President (Thru 2/22) of Seventeenth Street Housing Development Fund Corporation.

What is the revenue of Seventeenth Street Housing Development Fund Corporation?

Seventeenth Street Housing Development Fund Corporation's revenue in 2022 was $216,140.

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


Here are 4 key members and their salaries:


Donna Colonna (President (Thru 2/22))
  • Compensation: $0
  • Related: $441,731
  • Other: $119,373
Perry Perlmutter (Vice President & Treasurer)
  • Compensation: $0
  • Related: $388,249
  • Other: $68,235
Judith Jones (Vice President & Secretary)
  • Compensation: $0
  • Related: $242,324
  • Other: $68,283
Dr Jorge R Petit (President Eff. 2/22)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Seventeenth Street Housing Development Fund Corporation?

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

Mission Statement of Seventeenth Street Housing Development Fund Corporation

The Seventeenth Street Housing Development Fund Corporation is an organization that is committed to providing permanent housing solutions for low-income individuals. This nonprofit entity is specifically tasked with the rehabilitation and operation of an 18-unit housing project, ensuring that it meets the needs of its residents effectively. The corporation's mission is firmly rooted in the provision of a secure and stable living environment for individuals who may be financially disadvantaged. By rehabilitating and managing this housing project, the Seventeenth Street Housing Development Fund Corporation aims to contribute positively to the lives of its residents, providing them with a much-needed sense of security and stability.

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Impact




October, 2024

Seventeenth Street Housing Development Fund Corporation significantly impacts the community by providing 18 units of permanent housing specifically designed for low-income individuals. Located in New York City, this initiative addresses the critical issue of affordable housing, helping to alleviate homelessness and housing insecurity in a densely populated urban area.

By owning, rehabilitating, and operating this housing project, the organization ensures that residents have access to stable living conditions. This stability not only improves their quality of life but also fosters a sense of community and belonging. The focus on low-income individuals highlights a commitment to supporting those who face financial challenges, enabling them to achieve greater self-sufficiency and stability. Overall, the Corporation is a vital resource in promoting affordable living options, enhancing the overall well-being of the local community.




This information is meant to be a general summary of Seventeenth Street 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
$216,140 (2022)
Expenses
$486,973 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $868
  • Program Service Revenue: $215,342
  • Gross Receipts: $216,140

Assets and Liabilities:

  • Total Assets: $3,082,013
  • Total Liabilities: $3,342,453
  • Net Assets: -$260,440

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Programs

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

RENTAL INCOME

Revenue

$215,342

Organization Details

Founding Year

1998

Principal Officer

Perry Perlmutter

Main Address

463 7TH AVENUE 17TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: L20 - Housing

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