Overview
What is Restoring Urban Neighborhoods Llc?
Restoring Urban Neighborhoods Llc is a nonprofit organization, headquartered in New York City, specifically at 150 Broadway 2101, New York, NY 10038. Their primary mission is to provide and maintain affordable housing projects for individuals with low and moderate incomes. Beyond this, the organization aims to combat blight and contribute to the overall stabilization of communities in New York City. To achieve these goals, they rehabilitate homes and sell them to eligible first-time homebuyers. This not only provides affordable housing but also helps revitalize neighborhoods.
Official website here: www.neighborhoodrestore.org
Is Restoring Urban Neighborhoods Llc legitimate?
Restoring Urban Neighborhoods Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Restoring Urban Neighborhoods Llc 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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For more financial information, click here
Official website here: www.neighborhoodrestore.org
What is the mission statement of Restoring Urban Neighborhoods Llc?
Restoring Urban Neighborhoods LLC is established with a mission to preserve and create affordable housing projects for individuals of low and moderate income on a non-profit basis. Beyond promoting affordable housing opportunities, the organization aims to combat and eliminate blight, contributing to the stabilization of communities throughout the city. Their initiatives are geared towards preventing urban decay and fostering community stability. During the year, the organization continues its work by rehabilitating homes, making them available for sale to income-qualified first-time homebuyers.
Official website here: www.neighborhoodrestore.org
Who is the CEO of Restoring Urban Neighborhoods Llc?
Mr Salvatore D'Avola is the President of Restoring Urban Neighborhoods Llc.
Official website here: www.neighborhoodrestore.org
What is the revenue of Restoring Urban Neighborhoods Llc?
Restoring Urban Neighborhoods Llc's revenue in 2022 was $33,295.
Official website here: www.neighborhoodrestore.org
Who are the executives of Restoring Urban Neighborhoods Llc and what are their salaries?
There 8 volunteers at Restoring Urban Neighborhoods Llc.
Here are 10 key members and their salaries:
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- Related: $247,449
- Other: $23,426
Official website here: www.neighborhoodrestore.org
Where can I find the form 990 for Restoring Urban Neighborhoods Llc?
Restoring Urban Neighborhoods Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.neighborhoodrestore.org
Learn more at the official website: www.neighborhoodrestore.org
Mission Statement of Restoring Urban Neighborhoods Llc
Restoring Urban Neighborhoods LLC is a nonprofit organization with a mission to preserve and create housing projects for individuals with low and moderate incomes. Beyond providing affordable housing opportunities, the corporation aims to combat blight and contribute to the stability of communities throughout New York City. By rehabilitating homes, Restoring Urban Neighborhoods LLC offers income-qualified first-time homebuyers the chance to secure properties, contributing to the overall improvement and revitalization of the neighborhoods they serve.
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Impact
October, 2024
Restoring Urban Neighborhoods LLC has made significant strides in addressing housing challenges in New York City. The organization focuses on preserving and creating affordable housing projects specifically aimed at individuals and families with low to moderate incomes. By rehabilitating homes, they provide opportunities for income-qualified first-time homebuyers to access safe and stable housing.
In addition to promoting affordable housing, Restoring Urban Neighborhoods actively works to prevent and eliminate blight in communities. This approach not only enhances the physical appearance of neighborhoods but also fosters community stabilization, contributing to the overall well-being of residents. Their efforts help combat issues of displacement and encourage a sense of belonging among long-time residents, ultimately enriching the social fabric of urban areas.
Through its initiatives, Restoring Urban Neighborhoods LLC plays a crucial role in creating sustainable communities that support diverse populations, ensuring that affordable housing remains accessible and contributing to the revitalization of urban landscapes in New York City.
This information is meant to be a general summary of Restoring Urban Neighborhoods Llc. 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.
- Investment Income: $33,295
- Gross Receipts: $33,295
Assets and Liabilities:
- Total Assets: $20,169,682
- Total Liabilities: $22,286,103
- Net Assets: -$2,116,421
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Organization Details
Founding Year
2009
Phone
(212) 584-8981Principal Officer
Mr Salvatore D'Avola
Main Address
150 BROADWAY 2101, NEW YORK, NY, 10038
Website
www.neighborhoodrestore.orgNTEE Category
Code: L20 - Housing
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