Gibb Mansion Housing Development Fund Corporation

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

EIN: 821641445 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Gibb Mansion Housing Development Fund Corporation?

Gibb Mansion Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 1000 Dean St 420. Their primary mission is to provide affordable housing for individuals with low income, as stated in their purpose of acquisition, development, and maintenance of housing projects on a nonprofit basis. They strive to contribute positively to their community by offering housing solutions for those in need.


Official website here: www.impacctbrooklyn.org

Is Gibb Mansion Housing Development Fund Corporation legitimate?

Gibb Mansion Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gibb Mansion 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


Official website here: www.impacctbrooklyn.org

What is the mission statement of Gibb Mansion Housing Development Fund Corporation?

The Gibb Mansion Housing Development Fund Corporation was established with a specific purpose in mind. Its mission is to acquire, develop, and maintain a housing project, all on a non-profit basis, catering to individuals of low income. The organization was founded with the goal of providing affordable housing solutions for those who may not have the means to do so otherwise. By managing and maintaining this housing project, the corporation aims to contribute positively to the community, providing a safe and suitable living environment for its residents.


Official website here: www.impacctbrooklyn.org

Who is the CEO of Gibb Mansion Housing Development Fund Corporation?

Bernell Grier is the Secretary of Gibb Mansion Housing Development Fund Corporation.


Official website here: www.impacctbrooklyn.org

What is the revenue of Gibb Mansion Housing Development Fund Corporation?

Gibb Mansion Housing Development Fund Corporation's revenue in 2022 was $586,603.


Official website here: www.impacctbrooklyn.org

Who are the executives of Gibb Mansion Housing Development Fund Corporation and what are their salaries?

There 3 volunteers at Gibb Mansion Housing Development Fund Corporation.


Here are 4 key members and their salaries:


Bernell Grier (Secretary)
  • Compensation: $0
  • Related: $162,070
  • Other: $6,606
Heather Gershen (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Imani Griszell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Yvonne Cummings (Director/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.impacctbrooklyn.org

Where can I find the form 990 for Gibb Mansion Housing Development Fund Corporation?

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


Official website here: www.impacctbrooklyn.org

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

Mission Statement of Gibb Mansion Housing Development Fund Corporation

Gibb Mansion Housing Development Fund Corporation is a nonprofit organization that was established with a specific mission in mind. Its primary goal is to acquire, develop, and maintain a housing project that is designed to cater to individuals of low income. This mission is carried out on a nonprofit basis, which means that the corporation does not aim to generate profits, but rather to serve its intended population. By providing affordable housing, Gibb Mansion Housing Development Fund Corporation aims to contribute to the well-being of its community, offering a safe and comfortable living environment for those who may not have access to such resources otherwise.

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Impact




July, 2024

Gibb Mansion Housing Development Fund Corporation's impact lies in its commitment to providing affordable housing solutions for individuals of low income in Brooklyn, NY. By acquiring, developing, and maintaining housing projects on a Gibb Mansion Housing Development Fund Corporation basis, this organization directly contributes to addressing the pressing need for accessible housing options in the community. Through its focused mission and activities, Gibb Mansion Housing Development Fund Corporation plays a vital role in supporting individuals who require affordable housing options to thrive and lead fulfilling lives.




This information is meant to be a general summary of Gibb Mansion 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
$586,603 (2022)
Expenses
$714,101 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,777
  • Program Service Revenue: $557,769
  • Gross Receipts: $586,603

Assets and Liabilities:

  • Total Assets: $9,329,011
  • Total Liabilities: $10,062,760
  • Net Assets: -$733,749

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$557,252

LAUNDRY MAT INCOME

Revenue

$517

Organization Details

Founding Year

2017

Principal Officer

Bernell Grier

Main Address

1000 DEAN ST 420, BROOKLYN, NY, 11238

NTEE Category

Code: L21 - Housing

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