Overview
What is Mandela Ii Housing Development Fund Company Inc?
Mandela Ii Housing Development Fund Company Inc, located in New York City, is a nonprofit organization committed to addressing the housing needs of the Manhattan Valley area. Their primary mission is to ensure the availability of adequate low-income housing within this region. To accomplish this goal, they actively work towards providing housing solutions for the community.
Official website here: www.mvdc.org
Is Mandela Ii Housing Development Fund Company Inc legitimate?
Mandela Ii Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mandela Ii 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 Mandela Ii Housing Development Fund Company Inc?
The Mandela II Housing Development Fund Company Inc is dedicated to providing sufficient affordable housing solutions for the Manhattan Valley area. Their primary goal is to cater to the housing needs of individuals with low income in this specific region. The organization strives to make a substantial impact on the community by ensuring the availability of adequate housing facilities. Their mission is a testament to their commitment to enhancing living conditions for those who may otherwise struggle with housing affordability.
Official website here: www.mvdc.org
What is the revenue of Mandela Ii Housing Development Fund Company Inc?
Mandela Ii Housing Development Fund Company Inc's revenue in 2024 was $478,356.
Official website here: www.mvdc.org
Who are the executives of Mandela Ii 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 Mandela Ii Housing Development Fund Company Inc?
Mandela Ii 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 Mandela Ii Housing Development Fund Company Inc
Mandela II Housing Development Fund Company Inc is dedicated to providing adequate low-income housing in the Manhattan Valley area of Manhattan. Their mission is centered around ensuring that individuals with limited financial resources have access to suitable housing solutions within this specific area. By focusing on this critical need, the organization aims to contribute positively to the local community, providing a vital service that can significantly impact the lives of those in need.
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Impact
October, 2024
Mandela Ii Housing Development Fund Company Inc significantly impacts the Manhattan Valley area by addressing the pressing need for adequate low-income housing. By focusing on this community, the organization plays a crucial role in alleviating housing insecurity for vulnerable populations, enabling families to secure stable living conditions. This stability is essential for fostering educational opportunities and enhancing the overall quality of life for residents.
The commitment to providing affordable housing not only contributes to improved individual outcomes but also strengthens the social fabric of the Manhattan Valley neighborhood. By helping to create a more equitable living environment, Mandela Ii Housing Development Fund Company Inc supports community cohesion and promotes economic mobility for its residents.
This information is meant to be a general summary of Mandela Ii 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: $18,183
- Program Service Revenue: $460,117
- Gross Receipts: $478,356
Assets and Liabilities:
- Total Assets: $2,973,386
- Total Liabilities: $4,019,089
- Net Assets: -$1,045,703
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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
$460,117
Organization Details
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