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Lexington Housing Development Fund Corporation

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

EIN: 020532315 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Lexington Housing Development Fund Corporation?

Lexington Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 77 Water Street, 26th Floor. Their primary mission is to offer housing assistance to senior citizens and individuals with low income. They achieve this goal by operating subsidized rental apartments, ensuring affordable living solutions for those in need. Their work is instrumental in providing a secure and comfortable living environment for these vulnerable populations.


Official website here: www.metcouncil.org

Is Lexington Housing Development Fund Corporation legitimate?

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

Here 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.metcouncil.org

What is the mission statement of Lexington Housing Development Fund Corporation?

The Lexington Housing Development Fund Corporation's mission is centered around providing aid. Specifically, their goal is to assist senior citizens and individuals with low income by offering subsidized rental apartments. This organization is committed to fulfilling its mission of housing assistance, striving to make a positive impact on the lives of these vulnerable groups. In doing so, they aim to contribute to a more equitable housing scenario for these individuals, ensuring they have a safe and stable living environment.


Official website here: www.metcouncil.org

Who is the CEO of Lexington Housing Development Fund Corporation?

David G Greenfield is the Principal Officer of Lexington Housing Development Fund Corporation. The CEO's salary of Lexington Housing Development Fund Corporation is $0 and their total compensation is $650,366.


Official website here: www.metcouncil.org

What is the revenue of Lexington Housing Development Fund Corporation?

Lexington Housing Development Fund Corporation's revenue in 2022 was $566,462.


Official website here: www.metcouncil.org

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

Here are 7 key members and their salaries (Lexington Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $650,366):

    David Greenfield (Ceo)
  • Compensation: $0
  • Related: $597,987
  • Other: $52,379

    • Robert Newman (Coo)
  • Compensation: $0
  • Related: $257,971
  • Other: $2,170

    • Elena Sytcheva (Director)
  • Compensation: $0
  • Related: $147,370
  • Other: $14,546

    • Matthew Locurto (Outgoing Cfo)
  • Compensation: $0
  • Related: $140,429
  • Other: $6,790

    • Jeffry Nearby (Outgoing Director)
  • Compensation: $0
  • Related: $108,762
  • Other: $1,341

    • Abraham Biderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Scheinberg (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.metcouncil.org

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

    The Lexington Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.metcouncil.org

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

    Mission Statement of Lexington Housing Development Fund Corporation

    The Lexington Housing Development Fund Corporation is a dedicated organization with a mission to provide housing assistance to senior citizens and low-income individuals. In essence, they strive to offer subsidized rental apartments that cater to this specific demographic, ensuring they have access to safe and affordable housing options. By doing so, this nonprofit entity aims to contribute positively to their community, providing a vital service that enhances the quality of life for those who may otherwise struggle with housing insecurity.

    Impact

    This information is meant to be a general summary of Lexington Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Lexington Housing Development Fund Corporation impacts the community by providing subsidized rental apartments for seniors and low-income individuals. Through their efforts, they offer housing assistance to those who need it the most, ensuring that senior citizens and individuals with limited financial resources have a safe and affordable place to live. This organization plays a crucial role in addressing the housing needs of vulnerable populations in New York, ultimately improving the quality of life for those they serve. Their focus on housing aligns with their mission to provide assistance and support to those in need, making a significant difference in the lives of many individuals in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $2,096
  • Program Service Revenue: $475,642
  • Gross Receipts: $566,462

    • Assets and Liabilities:
  • Total Assets: $8,075,733
  • Total Liabilities: $120,776
  • Net Assets: $7,954,957
  • Programs

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

    RENTAL INCOME

    Revenue

    $475,642

    Organization Details

    Founding Year

    2000

    Principal Officer

    David G Greenfield

    Main Address

    77 WATER STREET 26TH FLOOR, NEW YORK, NY, 10005

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Lexington Housing Development Fund Corporation 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.