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Marien-Heim Of Sunset Park Housing Development Fund Corporation

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

EIN: 112526067 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Marien-Heim Of Sunset Park Housing Development Fund Corporation?

Marien-Heim of Sunset Park Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York. With a focus on senior citizens and individuals with mobility impairments, it operates a 167-unit housing facility, funded by the United States Department of Housing and Urban Development (HUD). The organization's primary mission is to provide subsidized housing for these specific groups, ensuring their comfort and safety. Regulated by HUD, Marien-Heim adheres to strict guidelines regarding rent charges and operational methods. The organization is run by a small workforce of eight dedicated individuals.


Is Marien-Heim Of Sunset Park Housing Development Fund Corporation legitimate?

Marien-Heim Of Sunset Park Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Marien-Heim Of Sunset Park 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: $625,792

For more financial information, click here


What is the mission statement of Marien-Heim Of Sunset Park Housing Development Fund Corporation?
Who is the CEO of Marien-Heim Of Sunset Park Housing Development Fund Corporation?
What is the revenue of Marien-Heim Of Sunset Park Housing Development Fund Corporation?
Who are the executives of Marien-Heim Of Sunset Park Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Marien-Heim Of Sunset Park Housing Development Fund Corporation?

Mission Statement of Marien-Heim Of Sunset Park Housing Development Fund Corporation

Marien-Heim of Sunset Park Housing Development Fund Corporation is a dedicated organization with a mission to serve the elderly and mobility-impaired community. Subsidized by the U.S. Department of Housing and Urban Development, this nonprofit provides housing solutions that cater to the unique needs of its residents. Marien-Heim operates a 167-unit housing project, regulated by the U.S. Department of Housing and Urban Development, ensuring appropriate rent charges and operating methods. The project is located in Brooklyn, NY, and is established under Section 202 of the National Housing Act, offering a secure living environment for its seniors and mobility-impaired residents.

Impact

This information is meant to be a general summary of Marien-Heim Of Sunset Park 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

Marien-Heim Of Sunset Park Housing Development Fund Corporation's impact can be seen in providing affordable housing for senior citizens and mobility-impaired individuals in Brooklyn, NY. By operating a 167-unit housing project subsidized by the US Department of Housing and Urban Development, Marien-Heim plays a crucial role in ensuring these vulnerable populations have a safe and comfortable place to live. The organization's mission to provide housing for seniors and mobility-impaired individuals aligns with the broader goal of promoting inclusive and supportive communities. Through its activities, Marien-Heim contributes to enhancing the quality of life for its residents and addressing the housing needs of these specific demographic groups.





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 2023.

  • Investment Income: $863
  • Program Service Revenue: $3,216,820
  • Gross Receipts: $3,257,083

    • Assets and Liabilities:
  • Total Assets: $6,933,434
  • Total Liabilities: $7,083,260
  • Net Assets: -$149,826
  • Programs

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

    SEC.8 HUD ASST PAYMENT

    Revenue

    $2,686,156

    RENTAL INCOME

    Revenue

    $530,664

    Organization Details

    Founding Year

    1978

    Principal Officer

    Joseph K Windels

    Main Address

    4520 4TH AVENUE, BROOKLYN, NY, 11220

    NTEE Category

    Code: L210 - Housing

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