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Nyeei Housing Company Inc

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

EIN: 311696826 ✦ New york, NY ✦ Designated as a 501(c)(2)

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Overview

What is Nyeei Housing Company Inc?

Nyeei Housing Company Inc, established in 1997, is a not-for-profit organization based in New York City, specifically at 317-327 East 13th Street. Its primary mission is to support the New York Eye and Ear Infirmary by holding title to real estate properties that provide housing and auxiliary facilities for the infirmary's staff members and employees. The company collects income from these properties and remits the entire amount, minus expenses, to the infirmary to further its charitable purpose. As of 2017, the company ceased its operations, but the real estate properties continue to serve their intended purpose.


Official website here: www.mountsinai.org

Is Nyeei Housing Company Inc legitimate?

Nyeei Housing Company Inc is a legitimate nonprofit organization registered as a 501(c)(2) entity. Nyeei Housing 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.mountsinai.org

What is the mission statement of Nyeei Housing Company Inc?

Nyeei Housing Company Inc, established in 1997 as a title-holding affiliate of the New York Eye and Ear Infirmary, was formed with a charitable purpose to support the infirmary. The company holds title to real estate properties used for providing housing and auxiliary facilities for the infirmary's staff members. Any income generated from these properties is collected and then remitted to the infirmary, after deducting expenses. The company ceased operations in 2017, continuing its mission of aiding the infirmary in its operations by managing housing facilities for its staff.


Official website here: www.mountsinai.org

What is the revenue of Nyeei Housing Company Inc?

Nyeei Housing Company Inc's revenue in 2023 was $0.


Official website here: www.mountsinai.org

Who are the executives of Nyeei Housing Company Inc and what are their salaries?

Here are 4 key members and their salaries:


Jeffery Silberstein (Officer)
  • Compensation: $0
  • Related: $1,484,091
  • Other: $34,656
Margaret Pastuszko (President & Chairman)
  • Compensation: $0
  • Related: $2,423,803
  • Other: $69,483
Stephen Harvey (Treasurer)
  • Compensation: $0
  • Related: $2,026,048
  • Other: $81,824
Christopher Considine (Secretary)
  • Compensation: $0
  • Related: $557,785
  • Other: $60,493


Official website here: www.mountsinai.org

Where can I find the form 990 for Nyeei Housing Company Inc?

Nyeei Housing Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.mountsinai.org

Learn more at the official website: www.mountsinai.org

Mission Statement of Nyeei Housing Company Inc

Nyeei Housing Company Inc, a title-holding affiliate of the New York Eye and Ear Infirmary, was established with a mission to support its sole member. The corporation was incorporated under the not-for-profit corporation law of New York State on November 6, 1997. Its primary purpose was to hold title to real estate properties used for providing housing and auxiliary facilities for the Infirmary's staff members and employees. The corporation collected any income generated from these properties and remitted the entire amount, after deducting expenses, to the Infirmary. This charitable act was in line with the Infirmary's status as an organization described under Section 501(c)(3) of the Internal Revenue Code of 1986. The Nyeei Housing Company Inc ceased operations in 2017.

In essence, Nyeei Housing Company Inc served as a vital link between the New York Eye and Ear Infirmary and its staff members. By managing real estate properties used for housing and auxiliary facilities, the corporation helped the Infirmary in its mission to provide healthcare services. The corporation's income from these properties was a significant contribution to the Infirmary's operations, demonstrating its commitment to supporting its sole member. The Nyeei Housing Company Inc's mission was a testament to its dedication to the Infirmary and its staff, providing them with essential facilities and supporting the Infirmary's charitable activities.

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Impact




October, 2024

Nyeei Housing Company Inc has played a significant role in supporting the operational needs of the New York Eye and Ear Infirmary by providing essential housing for its staff members and employees. By holding title to valuable real estate, the organization ensures that the infirmary's staff have access to adequate living accommodations, which is crucial for attracting and retaining skilled professionals in a demanding healthcare environment.

The company's contributions help to foster a stable workforce, ultimately enhancing the quality of care provided to patients. Beyond merely offering housing, Nyeei Housing Company Inc has facilitated auxiliary facilities that can support the well-being and work-life balance of its residents, thereby contributing to a healthier community within the medical setting.

Although operations ceased in 2017, the impact of the housing solutions provided during its active years has likely extended into the present, as the infrastructure and community relationships established continue to benefit the staff and the infirmary alike. This assistance not only addresses immediate housing needs but also reinforces the commitment to community improvement and healthcare excellence within New York City.




This information is meant to be a general summary of Nyeei Housing 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.

Revenue
$0 (2023)
Expenses
$0 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

    Assets and Liabilities:

    • Total Assets: $506,044
    • Total Liabilities: $130,054
    • Net Assets: $375,990

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    Organization Details

    Founding Year

    1997

    Principal Officer

    Margaret Pastuszko

    NTEE Category

    Code: S47 - Community improvement

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