Overview
What is Chinatown Preservation Housing Development Fund Companyinc?
Chinatown Preservation Housing Development Fund Companyinc is a nonprofit organization situated in New York City, specifically at 141 Norfolk Street, New York, NY 10002. Their primary mission involves acquiring, preserving, and operating affordable rental housing for families with low to median incomes. They currently manage six buildings, providing a total of 132 units within New York City. This organization plays a significant role in ensuring that affordable housing remains accessible within the community.
Is Chinatown Preservation Housing Development Fund Companyinc legitimate?
Chinatown Preservation Housing Development Fund Companyinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chinatown Preservation Housing Development Fund Companyinc 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.
Here 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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Mission Statement of Chinatown Preservation Housing Development Fund Companyinc
Chinatown Preservation Housing Development Fund Companyinc is an organization dedicated to acquiring, preserving, and operating affordable rental housing for families with low to median incomes. Their mission is to provide a stable living environment for these families, ensuring they have access to housing that fits their financial situation. By acquiring and preserving existing housing units, the company is able to maintain the affordability of these properties, preventing them from being converted into more expensive units. Additionally, Chinatown Preservation Housing Development Fund Companyinc operates these properties, ensuring the buildings are well-maintained and safe for its residents. Their efforts contribute to the overall stability and well-being of low to median income families, providing them with a secure place to call home.
Impact
This information is meant to be a general summary of Chinatown Preservation Housing Development Fund Companyinc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Chinatown Preservation Housing Development Fund Company Inc makes a significant impact by acquiring, preserving, and operating affordable rental housing for low to median income families in New York City. The company owns and manages six low-income housing buildings with a total of 132 units, providing vital and stable housing options for those in need. This work helps address housing insecurity and promotes community stability in the city, supporting individuals and families to thrive despite financial challenges.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$2,248,020
BAD DEBT RECOVERIES
Revenue
$30,579
Organization Details
Founding Year
2005
Phone
(212) 477-2265
Principal Officer
Thomas Yu
Main Address
141 NORFOLK STREET, NEW YORK, NY, 10002
NTEE Category
Code: I20 - Crime
If you are a representative of Chinatown Preservation Housing Development Fund Companyinc 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.