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145 South 3rd Street Housing Development Fund Corporation

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

EIN: 043661106 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is 145 South 3rd Street Housing Development Fund Corporation?

145 South 3rd Street Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 434 South 5th Street. Their primary mission is to provide housing opportunities for low-income elderly individuals, specifically those aged 65 and above. They operate a housing project, specifically a 65-unit complex, catering to this demographic. The organization's charitable purpose is solely focused on developing and maintaining this housing project for the elderly in need.


Official website here: www.lossures.org

Is 145 South 3rd Street Housing Development Fund Corporation legitimate?

145 South 3rd Street Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 145 South 3rd Street 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.lossures.org

What is the mission statement of 145 South 3rd Street Housing Development Fund Corporation?

The 145 South 3rd Street Housing Development Fund Corporation is established with a charitable purpose, focusing on developing a housing project for elderly individuals of low income. This organization operates a 65-unit housing project specifically catering to this demographic, providing them with a living space. The corporation's mission is to contribute to the well-being of low-income elderly individuals by ensuring they have access to suitable housing. This initiative aims to support this vulnerable group and enhance their quality of life.


Official website here: www.lossures.org

Who is the CEO of 145 South 3rd Street Housing Development Fund Corporation?

Juan Ramos is the Board Member of 145 South 3rd Street Housing Development Fund Corporation.


Official website here: www.lossures.org

What is the revenue of 145 South 3rd Street Housing Development Fund Corporation?

145 South 3rd Street Housing Development Fund Corporation's revenue in 2022 was $1,352,159.


Official website here: www.lossures.org

Who are the executives of 145 South 3rd Street Housing Development Fund Corporation and what are their salaries?

Here are 17 key members and their salaries:

    Juan Ramos (Executive Director)
  • Compensation: $0
  • Related: $140,848
  • Other: $15,855

    • Lenette Berrios (Finance Director)
  • Compensation: $0
  • Related: $131,594
  • Other: $15,855

    • Annette Rosado (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cassandra Acevedo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damaris Reyes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lopez (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gladys Ogando (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Israel Rosario (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maisha Morales (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Ocasio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Needleman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Narvaez (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Molina (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wilfredo Vargas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Pacheco (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim O'Shea (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yowalkz Rosario (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lossures.org

    Where can I find the form 990 for 145 South 3rd Street Housing Development Fund Corporation?

    The 145 South 3rd Street Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lossures.org

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

    Mission Statement of 145 South 3rd Street Housing Development Fund Corporation

    The 145 South 3rd Street Housing Development Fund Corporation is a charitable organization with a singular focus. Established with the intention of providing housing, it is dedicated to serving elderly individuals of low income. Their mission is to develop and operate a housing project specifically designed for this demographic, ensuring they have a safe and comfortable living environment. This housing project, which accommodates 65 households, is a testament to their commitment to supporting the elderly community in need.

    Impact

    This information is meant to be a general summary of 145 South 3rd Street Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    145 South 3rd Street Housing Development Fund Corporation's impact is significant as it operates a 65-unit housing project specifically designed to cater to the needs of low-income elderly individuals above the age of 65 in Brooklyn, NY. By providing affordable housing to this vulnerable demographic, the organization plays a crucial role in addressing the housing needs of elderly individuals with limited financial resources. The development fund corporation's mission is focused solely on creating a sustainable housing solution for low-income elderly residents, highlighting its commitment to supporting this underserved population.





    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: $44
  • Program Service Revenue: $1,347,521
  • Gross Receipts: $1,352,159

    • Assets and Liabilities:
  • Total Assets: $7,648,778
  • Total Liabilities: $10,169,367
  • Net Assets: -$2,520,589
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,347,521

    Organization Details

    Founding Year

    2003

    Principal Officer

    Juan Ramos

    Main Address

    434 SOUTH 5TH STREET, BROOKLYN, NY, 11211

    NTEE Category

    Code: L22 - Housing

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