Overview
What is Boston Post Road Housing Development Fund Corporation?
The Boston Post Road Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 463 Seventh Avenue, 17th Floor. Their primary objective is to provide permanent housing for individuals with low income. They accomplish this mission by owning, rehabilitating, and operating a 20-unit housing project. This initiative aims to offer a stable living environment for individuals who may otherwise face housing insecurity.
Is Boston Post Road Housing Development Fund Corporation legitimate?
Boston Post Road Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Boston Post Road 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
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What is the mission statement of Boston Post Road Housing Development Fund Corporation?
The Boston Post Road Housing Development Fund Corporation is established with a mission to oversee the ownership, renovation, and operation of a 20-unit housing project. This project is designed to offer permanent residences for individuals with low income. The corporation's goal is to provide a stable living environment for this particular demographic. By managing this housing project, the organization aims to contribute positively to the community by offering affordable and sustainable housing solutions.
Who is the CEO of Boston Post Road Housing Development Fund Corporation?
Perry J Perlmutter is the CEO of Boston Post Road Housing Development Fund Corporation The CEO's salary of Boston Post Road Housing Development Fund Corporation is $0 and their total compensation is $517,296.
What is the revenue of Boston Post Road Housing Development Fund Corporation?
Boston Post Road Housing Development Fund Corporation's revenue in 2024 was $227,364.
Who are the executives of Boston Post Road Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries (Boston Post Road Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $517,296):
- Compensation: $0
- Related: $454,276
- Other: $63,020
- Compensation: $0
- Related: $315,097
- Other: $52,296
- Compensation: $0
- Related: $276,013
- Other: $23,552
Where can I find the form 990 for Boston Post Road Housing Development Fund Corporation?
Boston Post Road Housing Development Fund Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Boston Post Road Housing Development Fund Corporation
Boston Post Road Housing Development Fund Corporation is an organization dedicated to providing permanent housing solutions for low-income individuals. Their mission is centered around the ownership, rehabilitation, and operation of a 20-unit housing project. This project serves as a sanctuary for individuals who fall within the low-income bracket, offering them a stable living environment. By undertaking these activities, the corporation aims to contribute positively to the housing needs of this specific demographic.
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Impact
October, 2024
The Boston Post Road Housing Development Fund Corporation significantly impacts the community by providing stable and permanent housing for low-income individuals in New York City. Through ownership, rehabilitation, and operation of a 20-unit housing project, it addresses the critical need for affordable housing in an area where such resources are often scarce. By focusing on low-income populations, the organization helps to alleviate housing insecurity and supports the well-being of residents by offering them a secure place to live. This initiative not only enhances the quality of life for the individuals and families it serves but also contributes to the overall stability and health of the community.
This information is meant to be a general summary of Boston Post Road 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 2024.
- Investment Income: $11,257
- Program Service Revenue: $216,000
- Gross Receipts: $227,364
Assets and Liabilities:
- Total Assets: $1,578,219
- Total Liabilities: $3,180,629
- Net Assets: -$1,602,410
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$216,000
Organization Details
Founding Year
2001
Principal Officer
Douglas Walerstein
NTEE Category
Code: L21 - Housing
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