Overview
What is St John's Housing Development Fund Corp?
St. John's Housing Development Fund Corp is a nonprofit organization situated in Brooklyn, New York, specifically at 230 Kingston Avenue, 11213. Their primary mission is to provide affordable housing options for low-income families, operating two such housing projects with a total of 84 units within the Brooklyn area. These projects serve as a valuable resource for families in need, contributing to the community by offering affordable living spaces.
Official website here: www.ldcch.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
St John's Housing Development Fund Corp has achieved a solid rating of 81%, indicating a strong performance in Accountability & Finance. This score reflects the organization's commitment to transparency and sound financial practices, as assessed in the most recent fiscal year FY2022. The organization boasts a full complement of independent board members, signifying integrity and reduced conflicts of interest.
The nonprofit demonstrates robust financial oversight, with an excellent program expense ratio of 85.38%, which means a significant portion of its funds directly support its mission. Additionally, the presence of comprehensive policies, such as a conflict of interest and whistleblower policy, further enhances its accountability measures.
However, while the overall rating is commendable, the score is based solely on financial accountability metrics, which may not provide a complete picture of the organization's impact or effectiveness in achieving its mission. Prospective donors and supporters might consider looking at additional factors that reflect the organization's overall performance beyond financial statistics.
This AI summary has been generated from information found on Charity Navigator.
Is St John's Housing Development Fund Corp legitimate?
St John's Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John's Housing Development Fund Corp 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: $109,036
For more financial information, click here
Official website here: www.ldcch.org
What is the mission statement of St John's Housing Development Fund Corp?
The St. John's Housing Development Fund Corp's mission is centered around providing affordable housing options for low-income families. This organization operates two housing projects, housing a total of 84 apartments, located in Brooklyn, New York. Their primary objective is to make housing accessible for families who may not be able to afford market rates. By providing affordable housing, they aim to contribute positively to the community and improve the living conditions of those in need.
Official website here: www.ldcch.org
Who is the CEO of St John's Housing Development Fund Corp?
Val Henry is the President/Ce of St John's Housing Development Fund Corp.
Official website here: www.ldcch.org
What is the revenue of St John's Housing Development Fund Corp?
St John's Housing Development Fund Corp's revenue in 2022 was $792,696.
Official website here: www.ldcch.org
Who are the executives of St John's Housing Development Fund Corp and what are their salaries?
There 13 volunteers at St John's Housing Development Fund Corp.
Here are 14 key members and their salaries:
- Compensation: $0
- Related: $172,274
- Other: $6,829
- 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: $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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.ldcch.org
Where can I find the form 990 for St John's Housing Development Fund Corp?
St John's Housing Development Fund Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ldcch.org
Learn more at the official website: www.ldcch.org
Mission Statement of St John's Housing Development Fund Corp
St. John's Housing Development Fund Corp is a dedicated organization that focuses on providing affordable housing options for low-income families. Their mission lies in offering a viable housing solution, ensuring that families in need have a place to call home. By operating two rental housing projects, St. John's Housing Development Fund Corp successfully provides 84 units of affordable housing in Brooklyn, New York. This nonprofit organization is committed to making a positive impact in the lives of its residents, offering them a secure and affordable place to live.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
St John's Housing Development Fund Corp's impact is significant in providing low-income affordable housing to families in Brooklyn, New York. Through its operation of two rental housing projects consisting of 84 apartment units, the organization plays a crucial role in addressing the housing needs of individuals and families in the city. By offering affordable housing options, St John's Housing Development Fund Corp helps promote stability, security, and access to safe housing for those in need, ultimately contributing to the overall well-being and quality of life for residents in Brooklyn.
This information is meant to be a general summary of St John's Housing Development Fund Corp. 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: $6,172
- Program Service Revenue: $775,459
- Gross Receipts: $792,696
Assets and Liabilities:
- Total Assets: $5,097,318
- Total Liabilities: $7,391,810
- Net Assets: -$2,294,492
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE - TENANT
Revenue
$775,459
Organization Details
Founding Year
2011
Phone
(212) 665-5500Principal Officer
Val Henry
Main Address
230 KINGSTON AVENUE, BROOKLYN, NY, 11213
Website
www.ldcch.orgNTEE Category
Code: I20 - Crime
If you are a representative of St John's Housing Development Fund Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.