Overview
What is 1228 Washington Avenue Housing Development Fund Company Inc?
1228 Washington Avenue Housing Development Fund Company Inc, established in New York, NY, is a nonprofit organization with a mission to provide affordable housing for individuals with chronic mental disabilities. The organization, which was formed in August 2020, operates under Section 811 of the National Affordable Housing Act. It receives support and regulation from the U.S. Department of Housing and Urban Development (HUD) to manage rent charges and operating methods, ensuring affordable housing solutions for its intended population. The company's primary objective is to acquire, develop, and operate housing facilities in New York, NY, specifically tailored to individuals with disabilities.
Official website here: www.thebridgeny.org
Is 1228 Washington Avenue Housing Development Fund Company Inc legitimate?
1228 Washington Avenue Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1228 Washington Avenue Housing Development Fund Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.thebridgeny.org
What is the mission statement of 1228 Washington Avenue Housing Development Fund Company Inc?
The mission of 1228 Washington Avenue Housing Development Fund Company Inc, as stated, is to provide affordable housing for individuals with chronic mental disabilities. This is accomplished under Section 811 of the National Affordable Housing Act. The company, organized in 2020, aims to acquire, develop, and operate housing facilities for persons with disabilities, receiving assistance under the provisions of this act. The U.S. Department of Housing and Urban Development regulates such entities, setting guidelines for rent charges and operating methods.
Official website here: www.thebridgeny.org
Who is the CEO of 1228 Washington Avenue Housing Development Fund Company Inc?
Cynthia Wainwright is the Principal Officer of 1228 Washington Avenue Housing Development Fund Company Inc. The CEO's salary of 1228 Washington Avenue Housing Development Fund Company Inc is $0 and their total compensation is $323,102.
Official website here: www.thebridgeny.org
What is the revenue of 1228 Washington Avenue Housing Development Fund Company Inc?
1228 Washington Avenue Housing Development Fund Company Inc's revenue in 2022 was $1,252,456.
Official website here: www.thebridgeny.org
Who are the executives of 1228 Washington Avenue Housing Development Fund Company Inc and what are their salaries?
There 5 volunteers at 1228 Washington Avenue Housing Development Fund Company Inc.
Here are 5 key members and their salaries (1228 Washington Avenue Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $323,102):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $307,701
- Other: $15,401
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.thebridgeny.org
Where can I find the form 990 for 1228 Washington Avenue Housing Development Fund Company Inc?
1228 Washington Avenue Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thebridgeny.org
Learn more at the official website: www.thebridgeny.org
Mission Statement of 1228 Washington Avenue Housing Development Fund Company Inc
1228 Washington Avenue Housing Development Fund Company Inc is a mission-driven organization devoted to providing affordable housing for individuals who are chronically mentally disabled. In line with Section 811 of the National Affordable Housing Act, this nonprofit aims to create and manage housing facilities that cater specifically to this vulnerable population. The U.S. Department of Housing and Urban Development (HUD) regulates these entities, ensuring that rent charges and operational methods adhere to the Act's provisions, thereby ensuring the well-being and security of the residents. By offering affordable housing options, 1228 Washington Avenue Housing Development Fund Company Inc enables individuals with chronic mental disabilities to live with dignity and independence, contributing to their overall quality of life.
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Impact
July, 2024
1228 Washington Avenue Housing Development Fund Company Inc's impact is significant in providing affordable housing for the chronically mentally disabled under Section 811 of the National Affordable Housing Act in New York, NY. By acquiring, developing, and operating housing and related facilities for persons with disabilities, the organization plays a crucial role in addressing the housing needs of this vulnerable population. This helps improve the quality of life and stability for individuals who may otherwise struggle to find suitable and safe housing options. The organization's mission to provide affordable housing aligns with the broader societal goal of promoting inclusivity and support for those with disabilities.
This information is meant to be a general summary of 1228 Washington Avenue Housing Development Fund Company 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.
- Program Service Revenue: $1,252,456
- Gross Receipts: $1,252,456
Assets and Liabilities:
- Total Assets: $13,412,037
- Total Liabilities: $14,453,199
- Net Assets: -$1,041,162
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,252,456
Organization Details
Founding Year
2020
Phone
(212) 663-3000Principal Officer
Cynthia Wainwright
Main Address
290 LENOX AVENUE 3RD FLOOR, NEW YORK, NY, 10027
Website
www.thebridgeny.orgNTEE Category
Code: L21 - Housing
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