Overview
What is Dekalb Throop Housing Development Fund Co Inc?
The Dekalb Throop Housing Development Fund Co Inc, located in Brooklyn, NY, is a nonprofit organization that specializes in developing and managing low-income housing. Funded by the U.S. Department of Housing and Urban Development (HUD), they operate on a not-for-profit basis, providing affordable housing solutions for their community. Their mission involves the development and operation of these housing units to cater to individuals with limited financial resources.
Is Dekalb Throop Housing Development Fund Co Inc legitimate?
Dekalb Throop Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dekalb Throop Housing Development Fund Co Inc 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: $108,105
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,943
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What is the mission statement of Dekalb Throop Housing Development Fund Co Inc?
The mission of Dekalb Throop Housing Development Fund Co Inc, as stated, is centered around developing and operating low-cost housing on a non-profit basis, with funding provided by HUD. Their objective is to make affordable housing available to individuals in need. The organization's activities primarily focus on low-income housing projects, aiming to contribute positively to the community.
Who is the CEO of Dekalb Throop Housing Development Fund Co Inc?
Willie Wren is the Executive Director of Dekalb Throop Housing Development Fund Co Inc.
What is the revenue of Dekalb Throop Housing Development Fund Co Inc?
Dekalb Throop Housing Development Fund Co Inc's revenue in 2022 was $444,671.
Who are the executives of Dekalb Throop Housing Development Fund Co Inc and what are their salaries?
The average compensation at Dekalb Throop Housing Development Fund Co Inc during 2022 was $34,210. There are 5 employees at Dekalb Throop Housing Development Fund Co Inc.
Here are 6 key members and their salaries:
- Compensation: $90,505
- Related: $0
- Other: $0
- Compensation: $17,600
- 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: $0
- Other: $0
Where can I find the form 990 for Dekalb Throop Housing Development Fund Co Inc?
Dekalb Throop Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Dekalb Throop Housing Development Fund Co Inc
Dekalb Throop Housing Development Fund Co Inc, as a non-profit organization, is dedicated to developing and operating low-cost housing. This mission is made possible through funding from the HUD. The organization's primary focus is on providing affordable housing, catering to a segment of the population with limited resources. Situated in Brooklyn, NY, Dekalb Throop Housing Development Fund Co Inc's programs encompass the creation and management of low-income housing units, contributing to the community by offering affordable living options.
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Impact
October, 2024
Dekalb Throop Housing Development Fund Co Inc significantly impacts the community by providing essential low-cost housing options to low-income residents in Brooklyn, NY. By developing and operating affordable housing funded by HUD, it addresses the critical need for accessible living spaces in an area where housing affordability is a pressing concern. Their initiatives help improve the quality of life for residents by offering safe, stable, and decent housing, thus fostering a sense of community and stability. This organization plays a vital role in reducing housing insecurity and contributing to the overall well-being of the neighborhoods it serves.
This information is meant to be a general summary of Dekalb Throop Housing Development Fund Co Inc. 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: $1,189
- Program Service Revenue: $443,482
- Gross Receipts: $444,671
Assets and Liabilities:
- Total Assets: $4,410,679
- Total Liabilities: $6,180,191
- Net Assets: -$1,769,512
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental income
Revenue
$443,482
Organization Details
Founding Year
2004
Phone
(718) 363-2750Principal Officer
Willie Wren
Main Address
114 RALPH AVE, BROOKLYN, NY, 112214011
NTEE Category
Code: L20 - Housing
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