Overview
What is Webster Avenue Supportive Housing Development Fund Corporation?
Webster Avenue Supportive Housing Development Fund Corporation is a nonprofit organization with a primary focus on supporting affordable housing. Their primary objective is to aid Breaking Ground Housing Development Fund and its affiliated tax-exempt organizations by acquiring or developing property. They manage a partnership entity that owns a low-income housing facility situated near Park House, resulting in the establishment of Webster Avenue Supportive Residence, which offers 170 microstudios. This nonprofit organization plays a significant role in providing affordable housing solutions, contributing to the betterment of the community.
Official website here: www.breakingground.org
Is Webster Avenue Supportive Housing Development Fund Corporation legitimate?
Webster Avenue Supportive Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Webster Avenue Supportive Housing Development Fund Corporation submitted a form 990EZ, 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.
Official website here: www.breakingground.org
What is the mission statement of Webster Avenue Supportive Housing Development Fund Corporation?
The Webster Avenue Supportive Housing Development Fund Corporation's primary objective is to serve the interests of Breaking Ground Housing Development Fund and its related tax-exempt organizations. Its mission is to acquire or develop property, utilizing its resources to enhance these organizations' benefits. The corporation manages a partnership entity that owns a low-income housing facility, which in turn provides 170 microstudios. This facility, known as Webster Avenue Supportive Residence, contributes to the provision of affordable housing solutions.
Official website here: www.breakingground.org
Who is the CEO of Webster Avenue Supportive Housing Development Fund Corporation?
David Beer is the Vice President of Webster Avenue Supportive Housing Development Fund Corporation. The CEO's salary of Webster Avenue Supportive Housing Development Fund Corporation is $0 and their total compensation is $0.
Official website here: www.breakingground.org
What is the revenue of Webster Avenue Supportive Housing Development Fund Corporation?
Webster Avenue Supportive Housing Development Fund Corporation's revenue in 2022 was $0.
Official website here: www.breakingground.org
Who are the executives of Webster Avenue Supportive Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries (Webster Avenue Supportive Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.breakingground.org
Where can I find the form 990EZ for Webster Avenue Supportive Housing Development Fund Corporation?
Webster Avenue Supportive Housing Development Fund Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.breakingground.org
Learn more at the official website: www.breakingground.org
Mission Statement of Webster Avenue Supportive Housing Development Fund Corporation
Webster Avenue Supportive Housing Development Fund Corporation is an organization with a primary mission to benefit Breaking Ground Housing Development Fund and its associated tax-exempt entities. This corporation plays a crucial role by acquiring and developing property, ultimately leading to the creation of a low-income housing facility. Notably, the organization manages a partnership entity that oversees a residential building, known as Webster Avenue Supportive Residence, which provides 170 microstudios. This development serves as a vital resource, contributing to the housing needs of individuals within its community.
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Impact
October, 2024
Webster Avenue Supportive Housing Development Fund Corporation plays a crucial role in addressing the housing needs of low-income individuals in New York City. By acquiring and developing properties, it ensures the availability of affordable housing options. The organization operates the Webster Avenue Supportive Residence, which features 170 microstudios, providing essential shelter to those in need. This initiative directly contributes to alleviating homelessness and improving access to stable housing, fostering a sense of community and stability among its residents. Through its partnership with Breaking Ground Housing Development Fund and affiliated tax-exempt organizations, Webster Avenue Supportive Housing Development Fund Corporation significantly impacts the lives of vulnerable populations by enhancing their housing security and overall quality of life.
This information is meant to be a general summary of Webster Avenue Supportive 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.
Assets and Liabilities:
- Total Assets: $0
- Total Liabilities: $4,700
- Net Assets: -$4,700
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Organization Details
Phone
(212) 389-9300Principal Officer
David Beer
Main Address
505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018
Website
www.breakingground.orgNTEE Category
Code: L81 - Housing
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