Overview
What is Nazareth House Housing Development Fund Corporation?
Nazareth House Housing Development Fund Corporation, often referred to as Marion Agnes House, is a nonprofit organization situated in New York City, specifically at 519 East 11th Street, New York, NY 10009. Its primary mission is to provide affordable housing to low-income families and individuals who have previously experienced homelessness. The organization houses 15 families in permanently affordable apartments. Additionally, the building is adjacent to a program space that serves as a location for Louise's Pantry, an initiative that supports around 150-200 households each week. Residents of Nazareth House HDFC benefit from nearby programming and services offered out of Nazareth Housing, Inc's offices at 1 Haven Plaza/200 Avenue C. These services include supportive case management, housing counseling, and individualized financial capability programming. By offering transitional and permanent housing, Nazareth House HDFC is committed to improving the living conditions of low-income households in the Lower East Side of New York City.
Is Nazareth House Housing Development Fund Corporation legitimate?
Nazareth House Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nazareth 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: $0
For more financial information, click here
What is the mission statement of Nazareth House Housing Development Fund Corporation?
Nazareth House Housing Development Fund Corporation is committed to providing both transitional and permanent affordable housing to low-income families. The organization maintains 15 one or two-bedroom apartments for eligible households whose income is below 50% or 60% of the area median income, as determined by HUD. The corporation also operates an emergency family shelter program, offering transitional housing to families in need. The building is home to Nazareth Housing, Inc.'s Louise's Pantry, which provides food assistance to 150-200 households each week. Residents of Nazareth House Housing Development Fund Corporation benefit from nearby programming and services offered by Nazareth Housing, Inc., including supportive case management, housing counseling, and individualized financial capability programming.
Who is the CEO of Nazareth House Housing Development Fund Corporation?
Rachel Levine is the Treasurer Thru 6/30/22 of Nazareth House Housing Development Fund Corporation.
What is the revenue of Nazareth House Housing Development Fund Corporation?
Nazareth House Housing Development Fund Corporation's revenue in 2022 was $178,160.
Who are the executives of Nazareth House Housing Development Fund Corporation and what are their salaries?
There 4 volunteers at Nazareth House Housing Development Fund Corporation.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $136,231
- Other: $2,750
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $71,012
- Other: $13,490
Where can I find the form 990 for Nazareth House Housing Development Fund Corporation?
Nazareth House Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nazareth House Housing Development Fund Corporation
Nazareth House Housing Development Fund Corporation is committed to providing affordable housing solutions for low-income families. Specifically, the organization offers both transitional and permanent housing options. For families who have graduated from their emergency family shelter program, Nazareth House offers fifteen one or two-bedroom apartments that are affordable due to income restrictions set by the U.S. Department of Housing and Urban Development (HUD).
In addition to the housing, Nazareth House also maintains a program space adjacent to the apartments, which serves as the location for Nazareth Housing, Inc.'s Louise's Pantry. This food pantry provides assistance to approximately 150-200 families each week, offering them necessary provisions. Residents of Nazareth House, Housing Development Fund Corporation can also benefit from the nearby programming and services offered by Nazareth Housing, Inc. at 1 Haven Plaza/200 Avenue C. These services include supportive case management, housing counseling, and individualized financial capability programming.
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Impact
October, 2024
Nazareth House Housing Development Fund Corporation significantly impacts the Lower East Side of New York City by addressing housing insecurity among low-income families. By offering fifteen permanently affordable apartments, it provides a stable living environment for formerly homeless families and individuals, facilitating their transition to permanent housing.
In addition to housing, the organization supports its residents through essential services provided in conjunction with Nazareth Housing, Inc. These include supportive case management, housing counseling, and individualized financial capability programs, which reinforce residents' ability to thrive in their new homes.
Moreover, Louise's Pantry plays a critical role in the community by serving 150-200 households each week, ensuring that residents have access to food assistance and reducing the burden of food insecurity. Together, these initiatives create a comprehensive support system that empowers families, improves their quality of life, and promotes stability within the community.
This information is meant to be a general summary of Nazareth 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $7
- Program Service Revenue: $112,483
- Gross Receipts: $178,160
Assets and Liabilities:
- Total Assets: $1,789,473
- Total Liabilities: $1,446,551
- Net Assets: $342,922
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$112,483
Organization Details
Founding Year
2000
Phone
(212) 777-1010Principal Officer
Rachel Levine
Main Address
519 EAST 11TH STREET, NEW YORK, NY, 10009
NTEE Category
Code: L21 - Housing
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