Overview
What is Park Side 104 Housing Development Fund Company Inc?
Park Side 104 Housing Development Fund Company Inc is a nonprofit organization situated in Manhattan, New York, specifically in the Manhattan Valley region. Their primary mission is to ensure the availability of suitable housing options for individuals with low income residing in the area. By doing so, they contribute to the community's overall well-being and social equality. Their activities are centered around providing adequate housing solutions for the local population, thereby enhancing the living conditions and quality of life for residents in need.
Official website here: www.mvdc.org
Is Park Side 104 Housing Development Fund Company Inc legitimate?
Park Side 104 Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Side 104 Housing Development Fund Company 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
Official website here: www.mvdc.org
What is the mission statement of Park Side 104 Housing Development Fund Company Inc?
Park Side 104 Housing Development Fund Company Inc is committed to providing sufficient low-income housing for the residents living in the Manhattan Valley region of Manhattan, New York. Their mission is to ensure that individuals in need have access to appropriate housing options within this area. This organization strives to make a significant impact by offering adequate housing solutions to the community. By doing so, they aim to contribute to a more inclusive and equitable living environment for those who require affordable housing solutions.
Official website here: www.mvdc.org
What is the revenue of Park Side 104 Housing Development Fund Company Inc?
Park Side 104 Housing Development Fund Company Inc's revenue in 2024 was $447,276.
Official website here: www.mvdc.org
Who are the executives of Park Side 104 Housing Development Fund Company Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $126,495
- Other: $3,715
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mvdc.org
Where can I find the form 990 for Park Side 104 Housing Development Fund Company Inc?
Park Side 104 Housing Development Fund Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.mvdc.org
Learn more at the official website: www.mvdc.org
Mission Statement of Park Side 104 Housing Development Fund Company Inc
Park Side 104 Housing Development Fund Company Inc, a nonprofit organization, is dedicated to providing sufficient low-income housing options for the residents of Manhattan Valley, a region in Manhattan, New York. Their mission is to cater to the housing needs of this particular community, ensuring that individuals with limited financial resources have access to adequate housing solutions. By undertaking this mission, Park Side 104 Housing Development Fund Company Inc aims to contribute positively to the well-being and living conditions of the people in this area.
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Impact
October, 2024
Park Side 104 Housing Development Fund Company Inc plays a vital role in enhancing the quality of life for residents in the Manhattan Valley region of Manhattan, New York. By focusing on the provision of adequate low-income housing, it addresses critical housing needs in a densely populated area, ensuring that those with limited financial resources have access to safe and stable living environments.
The impact of this organization extends beyond mere housing; it contributes significantly to community improvement and stability. By fostering affordable accommodation, it helps to reduce homelessness and housing insecurity, allowing individuals and families to build stronger foundations. This, in turn, promotes overall community wellness, as stable housing is closely linked to better health outcomes, educational success, and economic opportunities.
Additionally, by focusing on low-income residents, Park Side 104 Housing Development Fund Company Inc helps to create a more inclusive community where diversity is celebrated and supported. Its mission not only alleviates immediate housing shortages but also encourages a sense of belonging and community cohesion among residents. Overall, the organization's efforts are crucial in shaping a more equitable urban landscape in Manhattan Valley.
This information is meant to be a general summary of Park Side 104 Housing Development Fund Company 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2024.
- Investment Income: $14,619
- Program Service Revenue: $432,657
- Gross Receipts: $447,276
Assets and Liabilities:
- Total Assets: $2,165,362
- Total Liabilities: $2,571,491
- Net Assets: -$406,129
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW-INCOME HOUSING
Revenue
$432,657
Organization Details
Founding Year
2010
Principal Officer
Robin P Baez
Website
www.mvdc.orgNTEE Category
Code: S11 - Community improvement
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