Overview
What is East 165th Street Hdfc?
East 165th Street Hdfc is a nonprofit organization situated in New Hyde Park, New York, specifically at 1985 Marcus Avenue Suite 100. Their primary mission is dedicated to the development of affordable housing facilities, as evident in their completion of a 10-story supportive housing project in the Morrisania section of the South Bronx, located at 491 East 165th Street. This project provides residences for the local community, catering to individuals of low income. The organization's purpose is exclusively focused on this housing project to enhance the living conditions of those in need.
Official website here: www.welllifenetwork.org
Is East 165th Street Hdfc legitimate?
East 165th Street Hdfc is a legitimate nonprofit organization registered as a 501(c)(4) entity. East 165th Street Hdfc 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.welllifenetwork.org
What is the mission statement of East 165th Street Hdfc?
The organization known as East 165th Street Hdfc was established with a singular focus. Their mission is to develop housing projects, specifically aimed at providing affordable living facilities for individuals of low income. They have successfully completed a 10-story supportive housing project situated in the Morrisania section of the South Bronx. This project, located at 491 East 165th Street, now offers 58 apartments to the local community, ensuring that affordable housing remains within reach for its residents.
Official website here: www.welllifenetwork.org
Who is the CEO of East 165th Street Hdfc?
Sherry Tucker is the Ceo of East 165th Street Hdfc. The CEO's salary of East 165th Street Hdfc is $0 and their total compensation is $473,745.
Official website here: www.welllifenetwork.org
What is the revenue of East 165th Street Hdfc?
East 165th Street Hdfc's revenue in 2022 was $1,087,431.
Official website here: www.welllifenetwork.org
Who are the executives of East 165th Street Hdfc and what are their salaries?
Here are 2 key members and their salaries (East 165th Street Hdfc's CEO's salary is $0 and their total compensation is $473,745):
- Compensation: $0
- Related: $453,657
- Other: $20,088
- Compensation: $0
- Related: $250,960
- Other: $21,433
Official website here: www.welllifenetwork.org
Where can I find the form 990 for East 165th Street Hdfc?
East 165th Street Hdfc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.welllifenetwork.org
Learn more at the official website: www.welllifenetwork.org
Mission Statement of East 165th Street Hdfc
East 165th Street Hdfc, a nonprofit organization, has a sole purpose of developing housing projects to provide affordable living spaces for individuals of low income. Established with this mission, the organization has successfully developed a 10-story supportive housing project in the Morrisania section of the South Bronx. This project, located at 491 East 165th Street, now offers 58 affordable housing units to the local community residents. By providing these housing facilities, East 165th Street Hdfc aims to contribute to the betterment of the community by offering a safe and affordable living environment for those who may not otherwise have access to such opportunities.
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Impact
October, 2024
East 165th Street HDFC plays a crucial role in addressing the pressing need for affordable housing in the Morrisania section of the South Bronx. By developing a 10-story supportive housing project at 491 East 165th Street, the organization has created 58 apartment units that provide low-income residents with access to safe and stable living conditions. This initiative not only helps alleviate housing insecurity but also fosters a sense of community and belonging among residents.
The impact of East 165th Street HDFC extends beyond providing shelter; it enhances the overall quality of life for its tenants by offering a supportive environment tailored to the needs of low-income individuals and families. The project contributes to the local economy by creating construction jobs and increasing the neighborhood's vitality, while also addressing social issues related to housing disparities. By prioritizing affordable housing, East 165th Street HDFC plays a vital role in promoting economic stability and improving the well-being of the community it serves.
This information is meant to be a general summary of East 165th Street Hdfc. 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.
- Investment Income: $446,406
- Gross Receipts: $1,087,431
Assets and Liabilities:
- Total Assets: $13,699,059
- Total Liabilities: $8,336,704
- Net Assets: $5,362,355
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Organization Details
Founding Year
2015
Phone
(718) 559-0516Principal Officer
Sherry Tucker
Main Address
1985 MARCUS AVENUE Suite 100, NEW HYDE PARK, NY, 11042
Website
www.welllifenetwork.orgNTEE Category
Code: L20 - Housing
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