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Pcmh Lyvere Housing Development Fund Corporation

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

EIN: 453009798 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Pcmh Lyvere Housing Development Fund Corporation?

Pcmh Lyvere Housing Development Fund Corporation is a not-for-profit organization situated in New York City, specifically at 158 East 35th Street, New York, NY 10016. Their primary mission is dedicated to the development of affordable housing for individuals with low income. This mission is their sole focus and purpose, as stated in their description and activities. The corporation is committed to this endeavor, aiming to provide suitable living spaces for those who require such assistance.

Is Pcmh Lyvere Housing Development Fund Corporation legitimate?

Pcmh Lyvere Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Pcmh Lyvere 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 Pcmh Lyvere Housing Development Fund Corporation?

The Pcmh Lyvere Housing Development Fund Corporation is established with a singular focus. Its mission is to develop a housing project, catering specifically to individuals with limited income. This organization is committed to providing affordable housing solutions, aiming to contribute positively to the lives of those in need. The project's development is the primary objective of the corporation. It is an initiative aimed at addressing the housing needs of people with low income, promoting social equity and providing a stable living environment for these individuals.

Who is the CEO of Pcmh Lyvere Housing Development Fund Corporation?

Jacob Barak Phd is the President & Ceo of Pcmh Lyvere Housing Development Fund Corporation. The CEO's salary of Pcmh Lyvere Housing Development Fund Corporation is $0 and their total compensation is $927,435.

What is the revenue of Pcmh Lyvere Housing Development Fund Corporation?

Pcmh Lyvere Housing Development Fund Corporation's revenue in 2022 was $674,913.

Who are the executives of Pcmh Lyvere Housing Development Fund Corporation and what are their salaries?

There 3 volunteers at Pcmh Lyvere Housing Development Fund Corporation.


Here are 3 key members and their salaries (Pcmh Lyvere Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $927,435):


Jacob Barak Phd (President & Ceo)
  • Compensation: $0
  • Related: $769,110
  • Other: $158,325
Cara Turner (Vice President)
  • Compensation: $0
  • Related: $229,317
  • Other: $60,757
Luis Marte (Secretary & Treasurer)
  • Compensation: $0
  • Related: $139,978
  • Other: $9,313
Where can I find the form 990 for Pcmh Lyvere Housing Development Fund Corporation?

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

Mission Statement of Pcmh Lyvere Housing Development Fund Corporation

Pcmh Lyvere Housing Development Fund Corporation is a nonprofit organization with a specific mission. It is dedicated to developing a housing project primarily for individuals who fall under the category of low income. The corporation's purpose is to provide a suitable living space for this demographic, ensuring they have access to affordable housing. This mission is pivotal in addressing housing inequality and contributing to a more inclusive and equitable community.

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Impact




October, 2024

Pcmh Lyvere Housing Development Fund Corporation plays a crucial role in addressing the housing challenges faced by low-income individuals and families. By focusing exclusively on developing housing projects, the organization directly contributes to creating affordable living options in New York. This initiative not only provides shelter but also fosters stable communities, enhances quality of life, and supports economic mobility for residents. Through its efforts, the corporation helps to reduce homelessness and housing insecurity, thereby making a significant impact on the overall well-being of vulnerable populations in the area.




This information is meant to be a general summary of Pcmh Lyvere 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
$674,913 (2022)
Expenses
$249,372 (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: $116,272
  • Gross Receipts: $674,913

Assets and Liabilities:

  • Total Assets: $9,474,430
  • Total Liabilities: $5,927,680
  • Net Assets: $3,546,750

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Programs

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

PRI - INTEREST

Revenue

$116,272

Organization Details

Founding Year

2010

Principal Officer

Jacob Barak Phd

Main Address

158 EAST 35TH STREET, NEW YORK, NY, 10016

NTEE Category

Code: L20 - Housing

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