Overview
What is H Street Finance Corporation?
H Street Finance Corporation is a nonprofit organization situated in the heart of Washington, D.C., specifically at 916 Pennsylvania Avenue SE, with a mission to revitalize the H Street Corridor in Northeast Washington. The organization achieves this goal by offering loan guarantees, acting as a catalyst for development and growth within the area. With a small team of three dedicated individuals, H Street Finance Corporation plays a significant role in fostering economic and social transformation in its local community.
Is H Street Finance Corporation legitimate?
H Street Finance Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. H Street Finance 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: $17,432
For more financial information, click here
What is the mission statement of H Street Finance Corporation?
The H Street Finance Corporation's mission is centered around providing loan guarantees, with the ultimate goal of revitalizing a specific corridor. More specifically, their mission is to revitalize the H Street area in Northeast Washington, D.C., by extending loan guarantees. This initiative aims to stimulate growth and development in the region, potentially leading to improved infrastructure, increased business opportunities, and enhanced community life. The corporation's activities are focused on contributing to the overall revitalization of the specified corridor.
Who is the CEO of H Street Finance Corporation?
Kenneth Brewer is the Ceo of H Street Finance Corporation. The CEO's salary of H Street Finance Corporation is $11,888 and their total compensation is $570,129.
What is the revenue of H Street Finance Corporation?
H Street Finance Corporation's revenue in 2022 was $124,435.
Who are the executives of H Street Finance Corporation and what are their salaries?
The average compensation at H Street Finance Corporation during 2022 was $5,811. There are 3 employees at H Street Finance Corporation.
Here are 3 key members and their salaries (H Street Finance Corporation's CEO's salary is $11,888 and their total compensation is $570,129):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $11,888
- Related: $558,241
- Other: $0
Where can I find the form 990 for H Street Finance Corporation?
H Street Finance Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of H Street Finance Corporation
H Street Finance Corporation, a notable entity, is dedicated to revitalizing the H Street Corridor in Northeast Washington, D.C., through its mission of providing loan guarantees. This mission aims to stimulate growth and development within the corridor, ultimately revitalizing the area as a whole. By offering loan guarantees, this organization helps to attract investments and fosters economic development, thereby contributing to the overall improvement of the H Street Corridor.
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Impact
October, 2024
H Street Finance Corporation plays a significant role in the revitalization efforts of the H Street Corridor in Northeast Washington, D.C. By providing loan guarantees, the organization supports local businesses and encourages investment in the area, which is crucial for economic development. This financial backing helps stimulate growth, attract new enterprises, and create job opportunities, fostering a vibrant community hub. The focused mission to enhance the H Street Corridor contributes to overall community improvement, promoting a healthier local economy and a more engaging environment for residents and visitors alike. Through its initiatives, H Street Finance Corporation helps transform the corridor into a more dynamic and prosperous area.
This information is meant to be a general summary of H Street Finance 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.
- Gross Receipts: $124,435
Assets and Liabilities:
- Total Assets: $21,818
- Total Liabilities: $98
- Net Assets: $21,720
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Organization Details
Founding Year
1992
Phone
(202) 544-8353Principal Officer
Kenneth Brewer
Main Address
916 PENNSYLVANIA AVENUE SE, WASHINGTON, DC, 20003
NTEE Category
Code: S20 - Community improvement
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