Overview
What is Boston Tremont Housing Development Fund Corporation?
Boston Tremont Housing Development Fund Corporation is a New York-based nonprofit organization dedicated to providing affordable housing options for low and moderate-income families in New York City. With a team of 41 employees, the organization owns and manages a housing project called Lambert Houses, located in the Bronx. The project consists of 518 dwelling units and is their primary mission. In essence, Boston Tremont Housing Development Fund Corporation strives to improve the lives of New York City families by ensuring they have access to affordable housing.
Is Boston Tremont Housing Development Fund Corporation legitimate?
Boston Tremont Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Boston Tremont 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: $2,388,187
For more financial information, click here
What is the mission statement of Boston Tremont Housing Development Fund Corporation?
The Boston Tremont Housing Development Fund Corporation is dedicated to providing affordable housing options for low and moderate-income families. In pursuit of this mission, the organization owns and operates various housing projects, one of which is known as Lambert Houses. This project, located in New York City, consists of 518 dwelling units. By offering affordable housing, the corporation aims to contribute to the well-being and stability of families within the community.
Who is the CEO of Boston Tremont Housing Development Fund Corporation?
Adam Weinstein is the President/Ceo of Boston Tremont Housing Development Fund Corporation. The CEO's salary of Boston Tremont Housing Development Fund Corporation is $0 and their total compensation is $968,887.
What is the revenue of Boston Tremont Housing Development Fund Corporation?
Boston Tremont Housing Development Fund Corporation's revenue in 2022 was $15,029,377.
Who are the executives of Boston Tremont Housing Development Fund Corporation and what are their salaries?
The average compensation at Boston Tremont Housing Development Fund Corporation during 2022 was $58,248. There are 41 employees at Boston Tremont Housing Development Fund Corporation.
Here are 8 key members and their salaries (Boston Tremont Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $968,887):
- Compensation: $0
- Related: $806,771
- Other: $162,116
- Compensation: $0
- Related: $340,062
- Other: $74,966
- Compensation: $0
- Related: $316,782
- Other: $69,454
- Compensation: $0
- Related: $337,028
- Other: $70,890
- Compensation: $0
- Related: $310,698
- Other: $57,805
- Compensation: $210,387
- Related: $0
- Other: $38,159
- Compensation: $105,157
- Related: $0
- Other: $1,378
- Compensation: $104,918
- Related: $0
- Other: $845
Where can I find the form 990 for Boston Tremont Housing Development Fund Corporation?
Boston Tremont Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Boston Tremont Housing Development Fund Corporation
Boston Tremont Housing Development Fund Corporation, a notable nonprofit organization, is dedicated to providing affordable housing solutions for low and moderate-income families in New York City. Through its mission, the organization strives to make a significant impact on the lives of countless families.
At the heart of Boston Tremont Housing Development Fund Corporation's work is the provision of affordable housing. This mission is accomplished through the ownership and operation of housing projects, one of which is known as Lambert Houses. Situated in the Bronx borough of New York City, Lambert Houses is a substantial housing project consisting of 518 dwelling units, offering a home to numerous families in need.
Boston Tremont Housing Development Fund Corporation's commitment to its mission extends beyond just providing housing. The organization's efforts go a long way in ensuring that families have a stable living environment, providing them with the opportunity to focus on other aspects of their lives. By offering affordable housing, Boston Tremont Housing Development Fund Corporation plays a crucial role in improving the overall well-being and quality of life for the families it serves.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Boston Tremont Housing Development Fund Corporation significantly impacts New York City by providing affordable housing opportunities to low and moderate-income families. Through the operation of Lambert Houses in the Bronx, which comprises 518 dwelling units, the organization addresses the critical need for accessible housing in a city where affordability is a growing concern. By creating and maintaining these housing options, they contribute to the stability and well-being of families, fostering community development and ensuring that residents have a place to call home. This initiative plays a crucial role in enhancing the quality of life for many individuals and families who might otherwise struggle with housing insecurity in an expensive urban environment.
This information is meant to be a general summary of Boston Tremont 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.
- Investment Income: $47,013
- Program Service Revenue: $14,910,919
- Gross Receipts: $15,029,377
Assets and Liabilities:
- Total Assets: $19,612,383
- Total Liabilities: $8,214,216
- Net Assets: $11,398,167
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$14,790,435
TENANT INCOME
Revenue
$120,484
Organization Details
Founding Year
2015
Phone
(212) 243-9090Principal Officer
Adam Weinstein
Main Address
902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033
NTEE Category
Code: L21 - Housing
If you are a representative of Boston Tremont Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.