nonprofit logo

New Vision Housing Development Fund Corporation

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

EIN: 453834408 ✦ Staten island, NY ✦ Designated as a 501(c)(4)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is New Vision Housing Development Fund Corporation?

New Vision Housing Development Fund Corporation is a nonprofit organization established in Staten Island, New York, with a focus on low-income housing. Their primary mission is to acquire, develop, and manage housing projects specifically designed for individuals who fall under this income category. The organization plays a pivotal role in addressing housing needs, contributing to the overall well-being and stability of the community. With a modest workforce of two dedicated individuals, New Vision Housing Development Fund Corporation is committed to making a difference in the lives of those in need of affordable housing.


Official website here: www.projecthospitality.org

What do the Facebook reviews say about New Vision Housing Development Fund Corporation?

88% of the reviewers on Facebook endorse the New Vision Housing Development Fund Corporation, highlighting its significance in supporting those in need. Many express appreciation for the organization's mission, emphasizing that it provides meaningful assistance to underprivileged communities.

The sentiment from those who recommend the nonprofit is overwhelmingly positive, with comments reflecting a strong belief in its impact and transparency. Donors feel that their contributions are making a real difference, reinforcing the trustworthiness of the organization.

Overall, it seems that supporters value the nonprofit’s dedication to serving less fortunate individuals, contributing to a sense of community and positive change. This suggests that New Vision Housing Development Fund Corporation effectively fulfills its commitment to helping others.


This AI summary has been generated from reviews found on Facebook.

Is New Vision Housing Development Fund Corporation legitimate?

New Vision Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. New Vision 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


Official website here: www.projecthospitality.org

What is the mission statement of New Vision Housing Development Fund Corporation?

The New Vision Housing Development Fund Corporation's mission revolves around acquiring, developing, and managing housing projects aimed at individuals with low income. This non-profit organization is committed to providing affordable living solutions, thereby contributing to the well-being of those in need of such housing. Their primary goal is to ensure that low-income individuals have access to safe and suitable living spaces, thereby enhancing their quality of life. The organization's activities are centered around the acquisition of land, development of housing units, and their subsequent management to cater to this specific demographic.


Official website here: www.projecthospitality.org

Who is the CEO of New Vision Housing Development Fund Corporation?

Terry Troia is the Ceo of New Vision Housing Development Fund Corporation. The CEO's salary of New Vision Housing Development Fund Corporation is $0 and their total compensation is $172,734.


Official website here: www.projecthospitality.org

What is the revenue of New Vision Housing Development Fund Corporation?

New Vision Housing Development Fund Corporation's revenue in 2022 was $281,506.


Official website here: www.projecthospitality.org

Who are the executives of New Vision Housing Development Fund Corporation and what are their salaries?

There are 2 employees and 15 volunteers at New Vision Housing Development Fund Corporation.


Here are 5 key members and their salaries (New Vision Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $172,734):


Jo Reyes (Cfo)
  • Compensation: $0
  • Related: $188,294
  • Other: $10,262
Terry Troia (Ceo)
  • Compensation: $0
  • Related: $109,050
  • Other: $63,684
Joseph Torres (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aurelia Curtis (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Tesoriero (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.projecthospitality.org

Where can I find the form 990 for New Vision Housing Development Fund Corporation?

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


Official website here: www.projecthospitality.org

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

Mission Statement of New Vision Housing Development Fund Corporation

New Vision Housing Development Fund Corporation is dedicated to a mission that involves acquiring, developing, and managing housing projects for individuals of low income. This mission is a crucial endeavor aimed at providing adequate and affordable living spaces for those who may otherwise struggle to secure such accommodations. By taking on this role, the organization contributes significantly to the overall well-being of its community, ensuring that its residents have access to safe and stable housing.

Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!

Impact




October, 2024

New Vision Housing Development Fund Corporation significantly impacts the Staten Island community by acquiring, developing, and managing housing projects tailored for low-income individuals and families. By focusing on this underserved demographic, the organization addresses the critical need for affordable housing in the area. The development of these projects not only provides residents with secure and decent living conditions but also fosters community stability and growth.

Through its initiatives, New Vision Housing Development Fund Corporation contributes to enhancing the quality of life for low-income residents, ensuring that they have access to safe, affordable housing. This alleviates some of the financial burdens faced by these individuals and families, allowing them to allocate resources toward other essential needs such as education, healthcare, and employment. The corporation's efforts help to break the cycle of poverty and promote social equity within the community.




This information is meant to be a general summary of New Vision 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
$281,506 (2022)
Expenses
$631,009 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $680
  • Program Service Revenue: $280,826
  • Gross Receipts: $281,506

Assets and Liabilities:

  • Total Assets: $3,895,334
  • Total Liabilities: $3,785,507
  • Net Assets: $109,827

Want to help this charity, for free? You can click here to learn more about Give Freely

Programs

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

HOUSING PROGRAM

Revenue

$280,826

Organization Details

Founding Year

2010

Principal Officer

Terry Troia

Main Address

100 Park Avenue, Staten Island, NY, 10302

NTEE Category

Code: L40 - Housing

If you are a representative of New Vision Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.