nonprofit logo

Bay House Housing Development Fund Corporation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 475248224 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

Shop smarter and support your favorite cause at the same time! With the Give Freely browser extension, you'll automatically save money with coupons, and partner stores will donate to your chosen charity - at no extra cost to you. Start giving back with a single click. It's safe, free, and spam-free, guaranteed!

Overview

What is Bay House Housing Development Fund Corporation?

Bay House Housing Development Fund Corporation is a nonprofit organization situated in Yonkers, New York. Its primary mission is to develop 157 Bruce Ave, aiming to create affordable housing for low-income individuals and families. The corporation will own the property, with Bay House Housing Development Fund providing transitional living housing for young adults aged 18-24. The organization collaborates with Westhab Inc and Children's Village to offer supportive services, as detailed in Schedule O.


Official website here: www.westhab.org

Is Bay House Housing Development Fund Corporation legitimate?

Bay House Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bay House 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: $55,782

For more financial information, click here


Official website here: www.westhab.org

What is the mission statement of Bay House Housing Development Fund Corporation?

The Bay House Housing Development Fund Corporation's mission is centered around developing housing for low-income individuals and families. Specifically, they aim to transform a property at an unspecified location into housing units. The organization owns this property, and the housing will be designed to cater to young adults aged 18-24. Additionally, the Bay House Housing Development Fund Corporation is collaborating with Westhab, who is partnering with Children's Village, to provide necessary support services for the residents. However, further details about the nature of these services and the schedule for implementation are not provided in the given information.


Official website here: www.westhab.org

Who is the CEO of Bay House Housing Development Fund Corporation?

Richard Nightingale is the Secretary/Treasurer of Bay House Housing Development Fund Corporation.


Official website here: www.westhab.org

What is the revenue of Bay House Housing Development Fund Corporation?

Bay House Housing Development Fund Corporation's revenue in 2022 was $163,160.


Official website here: www.westhab.org

Who are the executives of Bay House Housing Development Fund Corporation and what are their salaries?

There 3 volunteers at Bay House Housing Development Fund Corporation.


Here are 3 key members and their salaries:


Richard Nightingale (Secretary/Treasurer)
  • Compensation: $0
  • Related: $407,733
  • Other: $45,315
Jesse Krasnow (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jefferson Boyce (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.westhab.org

Where can I find the form 990 for Bay House Housing Development Fund Corporation?

Bay House Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.westhab.org

Learn more at the official website: www.westhab.org

Mission Statement of Bay House Housing Development Fund Corporation

Bay House Housing Development Fund Corporation is committed to developing housing for low-income individuals and families. Their mission is to acquire real estate and construct dwellings that will cater to this demographic, with the corporation owning the property. The organization is currently focusing on developing 157 Bruce Ave in Yonkers, NY, providing transitional living housing for young adults aged 18-24. Bay House Housing Development Fund Corporation is also collaborating with Westhab, who are partnering with Children's Village to provide support services. This collaboration aims to enhance the living experience of the residents and ensure a smooth transition into independent living. The organization's mission is a significant step towards addressing housing inequalities and providing a safe and supportive environment for those in need.

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

Bay House Housing Development Fund Corporation is making a significant impact by developing a housing project at 157 Bruce Ave in Yonkers, NY, specifically aimed at creating affordable housing for low-income individuals and families. This initiative focuses on providing transitional living accommodations for young adults aged 18-24, addressing an urgent need for supportive housing in the community.

In collaboration with WESTHAB and Children's Village, the organization enhances its impact by offering essential support services that assist residents in their transition to independent living. This partnership ensures that young adults not only have access to housing but also receive the guidance and resources necessary to thrive. Overall, this development not only contributes to alleviating housing insecurity in Yonkers but also fosters a supportive community environment for young individuals seeking stability and self-sufficiency.




This information is meant to be a general summary of Bay House 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.

Revenue
$163,160 (2022)
Expenses
$249,871 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $543
  • Program Service Revenue: $88,800
  • Gross Receipts: $163,160

Assets and Liabilities:

  • Total Assets: $4,176,448
  • Total Liabilities: $20,320
  • Net Assets: $4,156,128

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

$88,800

Organization Details

Founding Year

2014

Principal Officer

Richard Nightingale

Main Address

C/o Westhab Inc 8 Bashford Street, Yonkers, NY, 10701

NTEE Category

Code: L40 - Housing

If you are a representative of Bay House 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.