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Massachusetts Avenue Housing Development Fund Corporation

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

EIN: 272382090 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Massachusetts Avenue Housing Development Fund Corporation?

Massachusetts Avenue Housing Development Fund Corporation is a nonprofit organization situated in Buffalo, New York, specifically at 429 Plymouth Avenue STE 1. Their primary mission is to provide housing accommodations for individuals and families who fall under the low-income bracket, as defined by Section 2 of the Private Housing Finance Law. They have successfully developed 11 residential units across three buildings, strategically situated near Massachusetts Avenue in the city of Buffalo. The organization's main objective is to make affordable housing available for those in need, enhancing living conditions in the community.

Is Massachusetts Avenue Housing Development Fund Corporation legitimate?

Massachusetts Avenue Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Massachusetts Avenue 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.


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 Massachusetts Avenue Housing Development Fund Corporation?

The Massachusetts Avenue Housing Development Fund Corporation is dedicated to providing housing accommodations for individuals and families of low income, as defined by Section 2 of the Private Housing Finance Law. Their mission involves establishing and locating these housing accommodations in or near Massachusetts Avenue, specifically in the city of Buffalo, New York. Their objective is to make housing accessible to those who fall under the low-income category, thereby contributing to a more equitable housing landscape. The organization has successfully provided 11 residential units in three separate buildings near Massachusetts Avenue, fulfilling its commitment to this mission.

Who is the CEO of Massachusetts Avenue Housing Development Fund Corporation?

Dawn Wells-Clyburn is the President of Massachusetts Avenue Housing Development Fund Corporation.

What is the revenue of Massachusetts Avenue Housing Development Fund Corporation?

Massachusetts Avenue Housing Development Fund Corporation's revenue in 2022 was $102,987.

Who are the executives of Massachusetts Avenue Housing Development Fund Corporation and what are their salaries?


Here are 5 key members and their salaries:


Robert Jahnke (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ramone Alexander (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Anderson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rahwa Ghirmatzion (Vice President)
  • Compensation: $0
  • Related: $97,078
  • Other: $0
Dawn Wells-Clyburn (Vice President)
  • Compensation: $0
  • Related: $63,048
  • Other: $0
Where can I find the form 990 for Massachusetts Avenue Housing Development Fund Corporation?

Massachusetts Avenue Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Massachusetts Avenue Housing Development Fund Corporation

Massachusetts Avenue Housing Development Fund Corporation, as a nonprofit organization, is committed to providing housing accommodations for individuals and families of low income, in accordance with Section 2 of the Private Housing Finance Law. Their mission is to establish housing units situated and located near Massachusetts Avenue in Buffalo, New York. The corporation has succeeded in providing 11 such residential units in three separate buildings, catering to the housing needs of those who fall under the low-income category as defined by the aforementioned law.

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Impact




October, 2024

The Massachusetts Avenue Housing Development Fund Corporation has a significant impact on the community by providing essential housing accommodations for low-income individuals and families in Buffalo, New York. By developing 11 residential units across three separate buildings near Massachusetts Avenue, it addresses the pressing need for affordable housing in the area. This initiative not only offers safe and stable living environments for those in need but also contributes to the revitalization of the community. By meeting the housing needs of low-income residents, the organization fosters a sense of stability and support, helping families achieve a better quality of life and promoting economic well-being in the Buffalo area.




This information is meant to be a general summary of Massachusetts Avenue 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.

Revenue
$102,987 (2022)
Expenses
$127,988 (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: $68,865
  • Gross Receipts: $102,987

Assets and Liabilities:

  • Total Assets: $1,617,257
  • Total Liabilities: $1,382,337
  • Net Assets: $234,920

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Programs

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

RENTAL INCOME

Revenue

$68,865

Organization Details

Founding Year

2010

Principal Officer

Dawn Wells-Clyburn

Main Address

429 PLYMOUTH AVENUE STE 1, BUFFALO, NY, 14213

NTEE Category

Code: L50 - Housing

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