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Mhany 2002 Housing Development Fund Corporation

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

EIN: 320007137 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Mhany 2002 Housing Development Fund Corporation?

Mhany 2002 Housing Development Fund Corporation is a nonprofit organization based in Brooklyn, New York, specifically at 470 Vanderbilt Avenue, 9th Floor. Their primary mission is to develop housing projects aimed at benefiting individuals of low income on a non-profit basis. They incur expenses associated with maintaining these housing projects. The corporation's activities include the development of affordable housing, which is a vital service in addressing housing needs for individuals who may otherwise struggle to secure suitable living accommodations.


Is Mhany 2002 Housing Development Fund Corporation legitimate?

Mhany 2002 Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhany 2002 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.

Here 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 Mhany 2002 Housing Development Fund Corporation?
Who is the CEO of Mhany 2002 Housing Development Fund Corporation?
What is the revenue of Mhany 2002 Housing Development Fund Corporation?
Who are the executives of Mhany 2002 Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Mhany 2002 Housing Development Fund Corporation?

Mission Statement of Mhany 2002 Housing Development Fund Corporation

Mhany 2002 Housing Development Fund Corporation, a non-profit organization, is dedicated to a noble mission. In simple terms, its purpose is to create and maintain a housing project, catering to individuals of low income. The organization operates on a selfless basis, investing its resources into the development of this housing project, aiming to provide a suitable living space for those in financial need. By doing so, Mhany 2002 Housing Development Fund Corporation is contributing significantly to the community, ensuring that everyone, regardless of their financial status, has access to a decent place to call home.

Impact

This information is meant to be a general summary of Mhany 2002 Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Mhany 2002 Housing Development Fund Corporation's impact lies in providing vital housing opportunities for individuals of low income in Brooklyn, NY. By developing housing projects on a non-profit basis, this organization directly addresses the pressing need for affordable housing in the community. Through their mission-driven work, Mhany 2002 helps to improve the quality of life for individuals and families facing economic challenges by offering them safe and stable housing options. Overall, their efforts contribute to creating a more inclusive and supportive environment for those in need within the Brooklyn area.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $638
  • Program Service Revenue: $1,019,462
  • Gross Receipts: $1,200,942

    • Assets and Liabilities:
  • Total Assets: $9,476,681
  • Total Liabilities: $13,479,262
  • Net Assets: -$4,002,581
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,019,462

    Organization Details

    Founding Year

    2002

    Principal Officer

    Ismene Speliotis

    Main Address

    470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY, 11238

    NTEE Category

    Code: L21 - Housing

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