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North Fork Housing Alliance Inc

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

EIN: 112627786 ✦ Greenport, NY ✦ Designated as a 501(c)(3)

Overview

What is North Fork Housing Alliance Inc?

North Fork Housing Alliance Inc is a nonprofit organization dedicated to offering affordable housing solutions. They accomplish this by utilizing grants to buy, renovate, or build residential properties, which are subsequently sold or rented to low-income families and individuals. The organization maintains a reserve fund and provides various housing opportunities. In Greenport, NY, there are five multi-family homes under the management of the NY State Division of Housing and Community Renewal, with rental charges and operating methods being regulated accordingly.


Is North Fork Housing Alliance Inc legitimate?

North Fork Housing Alliance Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. North Fork Housing Alliance Inc 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: $259,031
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of North Fork Housing Alliance Inc?
Who is the CEO of North Fork Housing Alliance Inc?
What is the revenue of North Fork Housing Alliance Inc?
Who are the executives of North Fork Housing Alliance Inc and what are their salaries?
Where can I find the form 990 for North Fork Housing Alliance Inc?

Mission Statement of North Fork Housing Alliance Inc

North Fork Housing Alliance, a nonprofit organization, is dedicated to providing affordable housing solutions. To achieve this mission, the alliance strategically utilizes grants to purchase, improve, or construct residential units. These units are then sold or rented to low-income families and individuals, ensuring that housing remains within their financial reach. The alliance maintains a reserve fund and offers housing opportunities, demonstrating its commitment to making a meaningful impact on the community.

Operating under the NY State Division of Housing and Community Renewal program, North Fork Housing Alliance manages five multi-family homes located in Greenport, NY. The rental charges and operating methods for these properties adhere to the guidelines set forth by the division. By providing affordable housing options, the alliance contributes to the well-being of the community and supports individuals and families in need.

Impact

This information is meant to be a general summary of North Fork Housing Alliance Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

North Fork Housing Alliance Inc's impact can be seen in the provision of low-cost housing for low-income families and individuals in Greenport, NY. Through the accounting of grants received, this organization has been able to purchase, improve, or construct residential units that are then sold or rented to those in need. With a reserve fund in place, North Fork Housing Alliance has successfully created housing opportunities for those who may have otherwise struggled to find affordable homes. Their five multi-family homes in Greenport, operated under the NY State Division of Housing and Community Renewal program, exemplify their commitment to providing housing solutions that consider rental charges and operating methods to better serve 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: $36
  • Program Service Revenue: $884,934
  • Gross Receipts: $2,944,962

    • Assets and Liabilities:
  • Total Assets: $3,639,213
  • Total Liabilities: $3,858,884
  • Net Assets: -$219,671
  • Programs

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

    RENTAL INCOME

    Revenue

    $598,587

    WASHING MACHINE INCOME

    Revenue

    $7,200

    OTHER INCOME

    Revenue

    $279,147

    Organization Details

    Founding Year

    1980

    Principal Officer

    Tanya Palmore

    Main Address

    116 SOUTH STREET, GREENPORT, NY, 11944

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of North Fork Housing Alliance Inc 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.