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Southside United Housing Development Fund Corporation

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

EIN: 112268359 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Southside United Housing Development Fund Corporation?

Southside United Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, at 434 South 5th Street. Their primary mission is to develop and provide housing for individuals of modest means, contributing to the growth and satisfaction of their community in Williamsburg. In achieving this goal, they manage around 900 low-income housing units, catering to approximately 900 families. Additionally, the organization offers social services, providing essential information, referrals, advocacy, low-income tax assistance, and monthly groceries to approximately 700 families. Moreover, they assisted approximately 600 tenants in securing improved services from their landlords. The organization's efforts in housing and social services have allowed over 120 residents to maintain a residence within the community.


Official website here: www.southsideunitedhdfc.org

Is Southside United Housing Development Fund Corporation legitimate?

Southside United Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southside United 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: $304,152
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,299,931

For more financial information, click here


Official website here: www.southsideunitedhdfc.org

What is the mission statement of Southside United Housing Development Fund Corporation?

The Southside United Housing Development Fund Corporation's mission is centered around creating a thriving and satisfying community. This is achieved by involving and engaging the residents of the community in the development of a more humane environment. The organization has successfully provided housing facilities for over 120 individuals, advocated for better services for approximately 600 tenants, and manages around 900 low-income housing units for approximately 900 families. In addition, they offer various social services such as information and referral services, advocacy, tax help, and monthly groceries to about 700 families.


Official website here: www.southsideunitedhdfc.org

Who is the CEO of Southside United Housing Development Fund Corporation?

Juan Ramos is the Secretary of Southside United Housing Development Fund Corporation.


Official website here: www.southsideunitedhdfc.org

What is the revenue of Southside United Housing Development Fund Corporation?

Southside United Housing Development Fund Corporation's revenue in 2022 was $5,952,196.


Official website here: www.southsideunitedhdfc.org

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

The average compensation at Southside United Housing Development Fund Corporation during 2022 was $36,677. There are 71 employees and 15 volunteers at Southside United Housing Development Fund Corporation.

Here are 17 key members and their salaries:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


  • Official website here: www.southsideunitedhdfc.org

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

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


    Official website here: www.southsideunitedhdfc.org

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

    Mission Statement of Southside United Housing Development Fund Corporation

    Southside United Housing Development Fund Corporation, a nonprofit organization, is committed to creating a thriving and inclusive community. Their mission is centered around the active involvement and participation of the residents in the Williamsburg community, aiming to build a more compassionate environment. Despite the increasing rates of displacements and gentrification, Southside United Housing Development Fund Corporation has managed to provide housing facilities for over 120 residents within the community.

    Beyond housing, the organization has played a significant role in advocating for better services for tenants. Approximately 600 tenants were aided in obtaining improved services from their landlords. In terms of housing management, Southside United Housing Development Fund Corporation manages approximately 900 low-income dwelling units, providing shelter to around 900 families.

    In addition to housing, the nonprofit offers a range of social services. They provide information and referral services, as well as advocacy, to help over 700 families navigate various challenges. Southside United Housing Development Fund Corporation also offers low-income tax help and distributes monthly groceries to support these families. Their efforts are instrumental in empowering and uplifting the community, ensuring that its residents have access to essential resources and support.

    Impact

    This information is meant to be a general summary of Southside United 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

    Southside United Housing Development Fund Corporation has significantly impacted the community by developing and providing housing for persons of low income. Despite the challenges of growing rates of displacements and gentrification, the organization has continued to provide housing facilities to over 120 residents in the community. Additionally, through community housing resources, the agency has organized approximately 600 tenants to obtain better services from their landlords. The organization also manages around 900 low-income dwelling units for approximately 900 families, ensuring stable housing for those in need. Furthermore, Southside United Housing Development Fund Corporation provides social services such as information and referral services, advocacy, low-income tax help, and monthly groceries to approximately 700 families, supporting their overall well-being. Through its mission to create a growing and satisfying community with the involvement and participation of the residents, the organization contributes to building a more humane environment in Brooklyn, NY.





    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: $-94,398
  • Program Service Revenue: $1,742,080
  • Gross Receipts: $6,052,410

    • Assets and Liabilities:
  • Total Assets: $10,999,226
  • Total Liabilities: $1,294,921
  • Net Assets: $9,704,305
  • Programs

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

    SOCIAL SERVICES INCOME

    Revenue

    $1,361,520

    RENTAL INCOME

    Revenue

    $217,594

    DEVELOPER FEE INCOME

    Revenue

    $162,966

    Organization Details

    Founding Year

    1972

    Principal Officer

    Juan Ramos

    Main Address

    434 SOUTH 5TH STREET, BROOKLYN, NY, 11211

    NTEE Category

    Code: L21B - Housing

    If you are a representative of Southside United 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.