Overview
What is 301 Housing Development Fund Corporation?
The 301 Housing Development Fund Corporation is a nonprofit organization situated in the heart of New York City, specifically at 247 West 37th Street, 4th Floor, New York, NY 10018. Their primary mission is to address the housing needs of low-income individuals and families within the city by providing them with affordable housing options. This mission is consistently upheld through their activities and mission statements, reiterating their commitment to this cause.
Official website here: www.newsettlementcommunitycenter.org
Is 301 Housing Development Fund Corporation legitimate?
301 Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 301 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.newsettlementcommunitycenter.org
What is the mission statement of 301 Housing Development Fund Corporation?
The 301 Housing Development Fund Corporation is committed to providing affordable housing solutions for individuals and families with low to moderate incomes. Their mission is centered around this objective, striving to make housing accessible for this demographic. Through their activities, they aim to contribute positively to the housing landscape, ensuring that a wider segment of the population can secure suitable living spaces. Their work in New York City specifically focuses on making housing more affordable, thereby providing a vital service to those who may otherwise struggle with housing costs.
Official website here: www.newsettlementcommunitycenter.org
Who is the CEO of 301 Housing Development Fund Corporation?
Alexa Sewell is the President of 301 Housing Development Fund Corporation.
Official website here: www.newsettlementcommunitycenter.org
What is the revenue of 301 Housing Development Fund Corporation?
301 Housing Development Fund Corporation's revenue in 2022 was $242,236.
Official website here: www.newsettlementcommunitycenter.org
Who are the executives of 301 Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $286,870
- Other: $37,820
- Compensation: $0
- Related: $124,221
- Other: $38,578
- Compensation: $0
- Related: $167,946
- Other: $14,671
Official website here: www.newsettlementcommunitycenter.org
Where can I find the form 990 for 301 Housing Development Fund Corporation?
301 Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newsettlementcommunitycenter.org
Learn more at the official website: www.newsettlementcommunitycenter.org
Mission Statement of 301 Housing Development Fund Corporation
301 Housing Development Fund Corporation is dedicated to supplying affordable housing options for individuals and families with moderate to low incomes residing in New York City. By encompassing this mission, the organization strives to make a significant impact on the community, ensuring that a diverse range of individuals can secure a stable living situation. Through their efforts, they aim to promote a sense of security and stability within the community, providing a much-needed solution for those who may otherwise struggle to afford housing.
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Impact
October, 2024
301 Housing Development Fund Corporation significantly impacts the landscape of affordable housing in New York City. By focusing on low and moderate-income individuals and families, it addresses a critical need in a city where housing costs continue to rise. This organization plays a vital role in reducing the housing instability that affects many residents, thereby contributing to the overall well-being of communities.
The provision of affordable housing leads to various positive outcomes, including increased access to stable living conditions, improved quality of life, and greater economic opportunities for families. Moreover, by fostering community development and reducing the risk of displacement in gentrifying neighborhoods, the Corporation helps mitigate issues related to crime and social unrest. In doing so, it not only provides shelter but also promotes social equity and harmony within diverse populations in the city. By prioritizing affordable options, 301 Housing Development Fund Corporation is instrumental in making New York City a more inclusive and equitable place to live.
This information is meant to be a general summary of 301 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $241,519
- Gross Receipts: $242,236
Assets and Liabilities:
- Total Assets: $106,469
- Total Liabilities: $36,357
- Net Assets: $70,112
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$241,519
Organization Details
Founding Year
2013
Phone
(212) 265-6530Principal Officer
Alexa Sewell
Main Address
247 WEST 37TH ST 4TH FL, NEW YORK, NY, 10018
NTEE Category
Code: I21 - Crime
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