Overview
What is Fair Housing Development Fund Corp?
Fair Housing Development Fund Corp is a nonprofit organization situated in Glen Cove, New York. They are known for owning and managing a Section 236 HUD-financed multifamily housing project, comprising 54 units of affordable rental housing intended for individuals with limited means. The organization's primary mission is to provide low and middle-income housing, ensuring affordable housing options are available for eligible tenants.
Is Fair Housing Development Fund Corp legitimate?
Fair Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Fair Housing Development Fund Corp 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: $56,421
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What is the mission statement of Fair Housing Development Fund Corp?
Fair Housing Development Fund Corp's mission is centered around providing affordable housing. Specifically, the organization aims to offer housing solutions for individuals with limited means. Operating on a not-for-profit basis, they own and manage a Section 236 HUD-financed multi-family housing project. This project, consisting of 54 units, provides affordable rental housing, contributing to a more equitable housing landscape.
What is the revenue of Fair Housing Development Fund Corp?
Fair Housing Development Fund Corp's revenue in 2023 was $725,668.
Who are the executives of Fair Housing Development Fund Corp and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fair Housing Development Fund Corp?
Fair Housing Development Fund Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Fair Housing Development Fund Corp
Fair Housing Development Fund Corp, a not-for-profit organization, is dedicated to providing affordable housing for eligible tenants. Their mission is to ensure that low and middle-income individuals have access to suitable living spaces. To accomplish this, the corporation owns and manages a Section 236 HUD-financed multi-family housing project, which consists of 54 units of affordable rental housing in Glen Cove, New York. This project is designed to cater to individuals with limited means, providing them with a secure and affordable place to call home.
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Impact
October, 2024
Fair Housing Development Fund Corp significantly impacts the community by providing affordable housing options for low and middle-income individuals and families. By owning and operating a Section 236 HUD financed multifamily housing project in Glen Cove, New York, it has established 54 units of affordable rental housing specifically designed for persons of limited means. This initiative not only addresses the critical need for accessible housing but also fosters stability and community for eligible tenants, ensuring that they have a safe environment to thrive. Through its commitment to affordable housing, Fair Housing Development Fund Corp plays a vital role in enhancing the quality of life for those it serves.
This information is meant to be a general summary of Fair Housing Development Fund Corp. 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 2023.
- Investment Income: $3,865
- Program Service Revenue: $717,964
- Gross Receipts: $725,668
Assets and Liabilities:
- Total Assets: $1,303,259
- Total Liabilities: $97,247
- Net Assets: $1,206,012
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT PAYMENTS
Revenue
$610,989
HOUSING ASSIST. PAYMEN
Revenue
$106,975
Organization Details
Founding Year
1970
Principal Officer
Rev Alfred Evans
NTEE Category
Code: L20 - Housing
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