Overview
What is Fortune Housing Development Fund Corporation?
The Fortune Housing Development Fund Corporation, headquartered in Long Island City, New York, was established with a mission to develop and manage affordable housing for individuals with low income. This nonprofit organization is committed to providing suitable living spaces, contributing positively to the community by focusing on housing needs. The Fortune HFDC's purpose is clear and straightforward, demonstrating their dedication to making housing accessible and affordable for those who require it most.
Is Fortune Housing Development Fund Corporation legitimate?
Fortune Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fortune 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 Fortune Housing Development Fund Corporation?
The Fortune Housing Development Fund Corporation was established with the primary objective of developing and managing affordable housing for individuals with low income. This organization is committed to providing suitable living spaces for those who may not otherwise be able to afford them. The mission of Fortune HFDC encompasses the development and operation of these low-income housing units, aiming to contribute positively to the community by providing affordable housing solutions. The organization's activities are centered around this mission, working to provide access to decent living spaces for those in need.
Who is the CEO of Fortune Housing Development Fund Corporation?
Steven Hickman is the President/Ceo of Fortune Housing Development Fund Corporation. The CEO's salary of Fortune Housing Development Fund Corporation is $0 and their total compensation is $0.
What is the revenue of Fortune Housing Development Fund Corporation?
Fortune Housing Development Fund Corporation's revenue in 2022 was -$132,171.
Who are the executives of Fortune Housing Development Fund Corporation and what are their salaries?
There 1 volunteer at Fortune Housing Development Fund Corporation.
Here are 3 key members and their salaries (Fortune Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $294,163
- Other: $24,973
- Compensation: $0
- Related: $199,629
- Other: $17,412
Where can I find the form 990 for Fortune Housing Development Fund Corporation?
Fortune Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fortune Housing Development Fund Corporation
Fortune Housing Development Fund Corporation, established with a specific objective, is dedicated to constructing and managing affordable housing for individuals with low income. This nonprofit organization, following its mission statement, focuses on developing and operating low-income housing units, aiming to provide a suitable living environment for those who may otherwise struggle to afford adequate housing. By dedicating its resources and efforts towards this purpose, Fortune Housing Development Fund Corporation contributes to the betterment of its community, ensuring that everyone has access to a decent place to live.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Fortune Housing Development Fund Corporation significantly impacts the community by focusing on the development and operation of low-income housing in Long Island City, NY. By providing affordable housing options, the organization addresses the critical need for accessible living spaces for low-income families and individuals, enabling them to find stability and security in their living conditions.
The presence of Fortune HDFC contributes to the overall health of the community by fostering economic diversity and reducing homelessness. By ensuring that more members of the community have access to affordable housing, the organization helps to improve the quality of life for many, allowing residents to invest their resources in education, employment, and other essential areas rather than being burdened by excessive housing costs. Overall, Fortune HDFC plays a vital role in enhancing the social fabric of Long Island City through its dedicated efforts in low-income housing development and management.
This information is meant to be a general summary of Fortune 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: $16
- Gross Receipts: $16
Assets and Liabilities:
- Total Assets: -$770,573
- Total Liabilities: $37,116
- Net Assets: -$807,689
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
2010
Phone
(212) 691-7554Principal Officer
Steven Hickman
Main Address
29-76 NORTHERN BOULEVARD, LONG ISLAND CITY, NY, 11101
NTEE Category
Code: L20 - Housing
If you are a representative of Fortune Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.