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Lespmha Housing Development Fund Corporation

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

EIN: 455567885 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Lespmha Housing Development Fund Corporation?

Lespmha Housing Development Fund Corporation is a nonprofit organization situated in New York, NY, dedicated to providing affordable housing solutions for the community. Their primary mission is to offer moderate and low-income rental units, ensuring that housing remains accessible for a broad range of individuals. The organization's activities are centered around this mission, and they have successfully been a part of the New York community with their housing programs.

Is Lespmha Housing Development Fund Corporation legitimate?

Lespmha Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lespmha 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: $236,009

For more financial information, click here

What is the mission statement of Lespmha Housing Development Fund Corporation?

Lespmha Housing Development Fund Corporation is an organization dedicated to providing low and moderate income housing solutions. Their primary mission is to cater to the housing needs of the community by offering rental units. The corporation's activities are focused on housing, aiming to make these essential living spaces accessible to individuals with limited financial means. While the specific location of the corporation is mentioned in the provided information, for the purpose of this response, it will not be included.

Who is the CEO of Lespmha Housing Development Fund Corporation?

Kil J Yi is the Vp of Lespmha Housing Development Fund Corporation.

What is the revenue of Lespmha Housing Development Fund Corporation?

Lespmha Housing Development Fund Corporation's revenue in 2022 was $2,723,188.

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


Here are 9 key members and their salaries:


Eric Perez (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kil J Yi (Vp)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresita Andujar (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tine Kindermann (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Herman Hewitt (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lillian Nazario (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mahbub Hassan (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Veronique Doumbe (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rona Clemente (Executive Of)
  • Compensation: $0
  • Related: $95,235
  • Other: $4,712
Where can I find the form 990 for Lespmha Housing Development Fund Corporation?

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

Mission Statement of Lespmha Housing Development Fund Corporation

Lespmha Housing Development Fund Corporation is a dedicated organization that focuses on providing affordable housing solutions for individuals and families with moderate and low incomes. Their primary mission is to offer a range of rental units within the community, addressing the housing needs of those who may otherwise struggle to secure suitable housing options. By doing so, Lespmha Housing Development Fund Corporation plays a crucial role in ensuring that everyone has access to a safe and comfortable living environment, regardless of their financial circumstances.

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Impact




October, 2024

Lespmha Housing Development Fund Corporation plays a crucial role in providing low and moderate-income housing in New York City. By focusing on affordable rental units, the organization addresses the critical challenge of housing accessibility for vulnerable populations. Its programs facilitate the creation and maintenance of housing that meets the needs of individuals and families with limited financial resources. This dedication not only helps to stabilize communities but also fosters a more inclusive environment where diverse populations can thrive. The availability of affordable housing options has a significant ripple effect, contributing to the overall well-being of residents and promoting economic opportunities within the community.




This information is meant to be a general summary of Lespmha 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
$2,723,188 (2022)
Expenses
$3,464,391 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $70,873
  • Program Service Revenue: $2,652,315
  • Gross Receipts: $2,723,188

Assets and Liabilities:

  • Total Assets: $24,435,486
  • Total Liabilities: $22,146,383
  • Net Assets: $2,289,103

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Programs

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

RENTAL INCOME

Revenue

$2,652,315

Organization Details

Founding Year

2012

Principal Officer

Kil J Yi

Main Address

228 E 3RD STREET, NEW YORK, NY, 10009

NTEE Category

Code: L20 - Housing

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