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Kimmel Housing Development Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 262357993 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Kimmel Housing Development Foundation Inc?

Kimmel Housing Development Foundation Inc, situated in New York City, was established with the mission to create and support affordable housing for individuals, families, and those with special needs, primarily in Long Island, New York. The organization has two ongoing projects known as Apex Senior Citizen Housing, LP (Apex I) and Apex II LLC (Apex II). Their mission extends beyond simply providing housing; they aim to develop, manage, and conserve affordable housing for people with low or moderate income, including affordable housing, workforce housing, and housing for individuals with disabilities. They strive to create housing options for various groups such as working families, single heads of households, veterans, and seniors in need of a supportive community setting. The foundation's goal is to foster relationships between seniors and working families with children, and to promote the creation of "families of choice" among their tenants.

Is Kimmel Housing Development Foundation Inc legitimate?

Kimmel Housing Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kimmel Housing Development Foundation Inc 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 Kimmel Housing Development Foundation Inc?

The Kimmel Housing Development Foundation Inc's mission is centered around creating and supporting affordable housing for individuals of low income. The organization strives to develop, own, operate, and manage various types of affordable housing, including units for those with disabilities, workforce housing, and housing for low-income families. Their mission also involves encouraging and assisting efforts to conserve, maintain, and enhance existing affordable housing units.

One of their goals is to provide affordable housing options for various groups such as working families, single heads of households, veterans, and individuals with special housing needs. They also aim to create affordable housing for "at-risk but independent" seniors, fostering relationships between seniors and working families with children.

The foundation's mission further includes establishing community settings that promote interaction between seniors and families with children, and creating environments that encourage the development of "families of choice" among their tenants.

Who is the CEO of Kimmel Housing Development Foundation Inc?

Stuart C Kaplan is the Secretary/Ceo/Director of Kimmel Housing Development Foundation Inc. The CEO's salary of Kimmel Housing Development Foundation Inc is $0 and their total compensation is $1,101,576.

What is the revenue of Kimmel Housing Development Foundation Inc?

Kimmel Housing Development Foundation Inc's revenue in 2022 was $14,578.

Who are the executives of Kimmel Housing Development Foundation Inc and what are their salaries?

There 9 volunteers at Kimmel Housing Development Foundation Inc.


Here are 9 key members and their salaries (Kimmel Housing Development Foundation Inc's CEO's salary is $0 and their total compensation is $1,101,576):


Stuart Kaplan (Secretary/Ceo/Director)
  • Compensation: $0
  • Related: $1,023,017
  • Other: $78,559
Victor Wyler (President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Kisner (Vice President/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evelyn Wolf (Treasurer/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michele Dibenedetto (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Kimmel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheryl Silverstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Tepper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Zarin (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kimmel Housing Development Foundation Inc?

Kimmel Housing Development Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kimmel Housing Development Foundation Inc

Kimmel Housing Development Foundation Inc is committed to creating and supporting affordable housing for individuals of low income. The organization's mission extends beyond just providing housing; it aims to develop, own, operate, and manage housing options for this demographic. This includes affordable housing, workforce housing, and housing for individuals with disabilities.

Kimmel Housing Development Foundation Inc also encourages and assists efforts to conserve, maintain, and enhance housing for individuals of low or moderate income. The organization strives to create affordable housing for various groups, such as working families, single heads of households, veterans, and individuals with special housing needs. Additionally, the foundation seeks to provide affordable housing for "at-risk but independent" seniors, fostering relationships between seniors and working families with children in community settings.

The mission of Kimmel Housing Development Foundation Inc also includes the creation of environments that encourage the development of "families of choice" among the tenants. By providing affordable housing and fostering relationships between different demographics, the foundation aims to build strong and supportive communities. In summary, Kimmel Housing Development Foundation Inc is dedicated to improving the living conditions and fostering community among individuals of low income by developing, managing, and maintaining affordable housing options.

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Impact




August, 2024

Kimmel Housing Development Foundation Inc's impact can be seen through its creation and support of affordable housing for individuals and families of low income in Long Island, New York. The organization's existing affordable housing projects, such as Apex Senior Citizen Housing, aim to provide housing for people with special needs as well. Their mission is to develop, own, operate, and manage housing for persons of low or moderate income, including affordable housing, workforce housing, and housing for persons with disabilities. By encouraging and assisting efforts to conserve, maintain, and enhance housing for those in need, Kimmel Housing Development Foundation Inc is working towards creating environments that facilitate positive relationships and support among tenants with a focus on community development and support for vulnerable populations.




This information is meant to be a general summary of Kimmel Housing Development Foundation Inc. 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.

Revenue
$14,578 (2022)
Expenses
$6,920 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $14,578
  • Gross Receipts: $14,578

Assets and Liabilities:

  • Total Assets: $2,076,980
  • Total Liabilities: $26,288
  • Net Assets: $2,050,692

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

PROGRAM RELATED INT

Revenue

$14,578

Organization Details

Founding Year

2007

Principal Officer

Stuart C Kaplan

Main Address

520 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018

NTEE Category

Code: L21 - Housing

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