Overview
What is 10 Freedom Place Housing Development Fund Corporation?
10 Freedom Place Housing Development Fund Corporation is a nonprofit organization with a primary focus on supporting Breaking Ground Housing Development Fund and its affiliated tax-exempt entities. Their main objective is to acquire or develop property to further their goals. Despite having this mission, the organization did not engage in any programmatic activities in 2022 due to an unrealized building project by Breaking Ground. Currently, 10 Freedom Place Housing Development Fund Corporation is inactive, waiting for the need to resume its services.
Official website here: www.breakingground.org
Is 10 Freedom Place Housing Development Fund Corporation legitimate?
10 Freedom Place Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 10 Freedom Place 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 10 Freedom Place Housing Development Fund Corporation?
The 10 Freedom Place Housing Development Fund Corporation's primary mission is centered around acquiring and developing property, primarily for the advantage of Breaking Ground Housing Development Fund and its associated tax-exempt organizations. Despite conducting no programmatic activities in 2022, due to a building project not materializing by Breaking Ground, the organization currently remains inactive, waiting for future opportunities to utilize its services.
Official website here: www.breakingground.org
Who is the CEO of 10 Freedom Place Housing Development Fund Corporation?
Toby Sherman is the Secretary of 10 Freedom Place Housing Development Fund Corporation. The CEO's salary of 10 Freedom Place Housing Development Fund Corporation is $0 and their total compensation is $0.
Official website here: www.breakingground.org
What is the revenue of 10 Freedom Place Housing Development Fund Corporation?
10 Freedom Place Housing Development Fund Corporation's revenue in 2022 was $0.
Official website here: www.breakingground.org
Who are the executives of 10 Freedom Place Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries (10 Freedom Place 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 10 Freedom Place Housing Development Fund Corporation?
10 Freedom Place 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 10 Freedom Place Housing Development Fund Corporation
10 Freedom Place Housing Development Fund Corporation is an organization with a primary mission to contribute to the success of Breaking Ground Housing Development Fund and its affiliated tax-exempt entities. This is achieved by acquiring and developing property for their benefit. Unfortunately, due to unforeseen circumstances, the organization did not engage in any programmatic activities in 2022. The intended building project by Breaking Ground did not materialize, consequently, leaving 10 Freedom Place Housing Development Fund Corporation in a state of inactivity. However, the corporation remains prepared to resume its services once the need arises.
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Impact
October, 2024
10 Freedom Place Housing Development Fund Corporation aims to acquire or develop properties that are intended to support Breaking Ground Housing Development Fund and its affiliated organizations. Its mission focuses on enhancing housing opportunities, particularly for those in need, within the New York area. However, in 2022, the organization was inactive due to the failure of a planned building project. This means that while its overarching goal is to contribute to housing development, there were no programmatic activities or impacts during that year. The organization remains poised to reactivate its efforts when housing needs arise in the future.
This information is meant to be a general summary of 10 Freedom Place 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: $790
- Total Liabilities: $20,974
- Net Assets: -$20,184
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Organization Details
Phone
(212) 389-9300Principal Officer
Toby Sherman
Main Address
505 EIGHTH AVENUE 5TH FLOOR, NEW YORK, NY, 10018
Website
www.breakingground.orgNTEE Category
Code: L20 - Housing
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