Overview
What is Circulo Housing Development Fund Corporation?
Circulo Housing Development Fund Corporation, based in Long Beach, New York, is a nonprofit organization dedicated to addressing housing needs in the state. Their primary goal is to acquire, establish, develop, mortgage, lease, manage, equip, construct, rehabilitate, and maintain housing projects for low-income individuals and the homeless. The organization's mission is to develop and operate housing for underserved individuals and families, aiming to improve their lives through housing stability. They accomplish this by acquiring and managing housing projects, providing a stable living environment for those in need.
Is Circulo Housing Development Fund Corporation legitimate?
Circulo Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Circulo 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.
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What is the mission statement of Circulo Housing Development Fund Corporation?
The Circulo Housing Development Fund Corporation's mission is centered around developing and operating housing for underserved individuals and families. This mission aims to improve their lives by providing housing stability. The organization's activities include acquiring, establishing, developing, leasing, managing, maintaining, mortgaging, constructing, rehabilitating, and equipping housing projects for low-income individuals and those who are homeless. The goal is to assist these groups in improving their living conditions.
Who is the CEO of Circulo Housing Development Fund Corporation?
Hector Martinez is the President of Circulo Housing Development Fund Corporation.
What is the revenue of Circulo Housing Development Fund Corporation?
Circulo Housing Development Fund Corporation's revenue in 2022 was $141,749.
Who are the executives of Circulo Housing Development Fund Corporation and what are their salaries?
There 5 volunteers at Circulo Housing Development Fund Corporation.
Here are 5 key members and their salaries:
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Where can I find the form 990 for Circulo Housing Development Fund Corporation?
Circulo Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Circulo Housing Development Fund Corporation
Circulo Housing Development Fund Corporation, a nonprofit organization, is dedicated to fulfilling a mission that aims to enhance the lives of underserved individuals and families. The primary objective of this corporation is to develop and operate housing projects, providing a much-needed sense of stability. By doing so, it seeks to help these individuals and families improve their living conditions, ultimately contributing to their overall well-being.
In practical terms, Circulo Housing Development Fund Corporation undertakes various activities to achieve its mission. These include acquiring, establishing, developing, mortgaging, leasing, managing, equipping, constructing, rehabilitating, operating, and maintaining housing projects. The corporation's focus is on serving low-income individuals and families, as well as those who are currently homeless. By offering housing solutions, Circulo Housing Development Fund Corporation plays a significant role in addressing the housing needs of vulnerable communities.
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Impact
October, 2024
Circulo Housing Development Fund Corporation has a significant impact on the lives of underserved individuals and families by providing stable housing solutions that promote overall well-being. By acquiring, developing, and managing housing projects in New York, the organization directly addresses the needs of low-income individuals and those experiencing homelessness.
Through its commitment to housing stability, Circulo helps residents improve their quality of life, fostering a sense of community and belonging. The focus on constructing, rehabilitating, and maintaining housing ensures that individuals have access to safe and supportive living environments. This foundational support not only empowers families to thrive but also contributes to the broader goal of alleviating homelessness and promoting economic resilience within the community.
The organization’s holistic approach to housing is essential in breaking the cycle of poverty, as stable housing is often the first step towards achieving better health, education, and employment outcomes for disadvantaged populations.
This information is meant to be a general summary of Circulo 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.
- Program Service Revenue: $141,420
- Gross Receipts: $141,749
Assets and Liabilities:
- Total Assets: $2,218,706
- Total Liabilities: $754,371
- Net Assets: $1,464,335
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT - HOMELESS HOUSING/ASSISTANT
Revenue
$141,420
Organization Details
Founding Year
2008
Phone
(516) 431-1135Principal Officer
Hector Martinez
Main Address
26 WEST PARK AVE B, LONG BEACH, NY, 11561
NTEE Category
Code: L50 - Housing
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