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Lee Goodwin Housing Development Fund Corporation

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

EIN: 812073794 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Lee Goodwin Housing Development Fund Corporation?

Lee Goodwin Housing Development Fund Corporation is a nonprofit organization located in the Bronx, New York City. Their primary mission is to create and sustain affordable housing options for individuals and families within a 61-unit building in this borough. The organization's work is dedicated to providing not-for-profit housing opportunities, contributing to the local community by offering affordable living spaces. Their efforts cater to the needs of residents, aiming to enhance the quality of life for many families in the area.

Is Lee Goodwin Housing Development Fund Corporation legitimate?

Lee Goodwin Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lee Goodwin 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.


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 Lee Goodwin Housing Development Fund Corporation?

The mission of Lee Goodwin Housing Development Fund Corporation is centered around the development and maintenance of affordable housing opportunities. This organization strives to serve individuals and families within a 61-unit building, providing them with not-for-profit housing solutions. Their purpose is to contribute to the betterment of living conditions for a diverse group of people by offering affordable housing options.

What is the revenue of Lee Goodwin Housing Development Fund Corporation?

Lee Goodwin Housing Development Fund Corporation's revenue in 2023 was $159,042.

Who are the executives of Lee Goodwin Housing Development Fund Corporation and what are their salaries?

Here are 3 key members and their salaries:


Lukeman Ogunyinka (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Robert Pigott Jr (Vice President/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adam Weinstein (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Lee Goodwin Housing Development Fund Corporation?

Lee Goodwin Housing Development Fund Corporation's most recent form 990EZ was submitted in 2023 and can be accessed here.

Mission Statement of Lee Goodwin Housing Development Fund Corporation

Lee Goodwin Housing Development Fund Corporation is dedicated to providing and sustaining affordable living spaces for individuals and families within a 61-unit building. Serving as a not-for-profit organization, this corporation's primary mission is to contribute to the community by offering housing opportunities that are accessible and affordable for its residents. The corporation works tirelessly to uphold and maintain these living spaces, ensuring they meet the needs of the community members they serve.

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Impact




October, 2024

The Lee Goodwin Housing Development Fund Corporation plays a vital role in addressing the housing needs of individuals and families in the Bronx, New York. By focusing on the development and maintenance of affordable housing, it provides a stable living environment for its residents. The 61-unit building serves as a crucial resource for those seeking affordable housing options in a densely populated urban area where such opportunities are increasingly scarce.

The impact of this organization can be seen in several key areas:

1. **Affordable Housing**: By creating and maintaining affordable not-for-profit housing, the organization helps to alleviate the financial burden faced by low- and moderate-income families. This support enables residents to allocate their resources to other essential needs, such as education, healthcare, and transportation.

2. **Stability for Families**: Access to stable housing contributes to the overall well-being of individuals and families. It fosters a sense of community and belonging, which is essential for cultivating a healthy environment for growth and development.

3. **Community Development**: The presence of affordable housing in the Bronx contributes to the overall development of the local community. It can encourage further investment, improve neighborhood dynamics, and support local businesses by creating a more stable population base.

4. **Social Equity**: By focusing on affordable housing, the organization plays a critical role in promoting social equity. It helps ensure that residents of the Bronx have access to safe and decent living conditions, regardless of their economic circumstances.

Overall, the Lee Goodwin Housing Development Fund Corporation significantly impacts the lives of its residents and the community at large by providing essential housing solutions in a challenging urban landscape.




This information is meant to be a general summary of Lee Goodwin 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
$159,042 (2023)
Expenses
$87,154 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $159,042
  • Gross Receipts: $159,042

Assets and Liabilities:

  • Total Assets: $6,451
  • Total Liabilities: $134,402
  • Net Assets: -$127,951

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Organization Details

Principal Officer

Lukeman Ogunyinka

NTEE Category

Code: L20 - Housing

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