nonprofit logo

Northeast Brooklyn Housing Develop

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

EIN: 112737223 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Northeast Brooklyn Housing Develop?

Northeast Brooklyn Housing Develop is a nonprofit organization, located at 132 Ralph Avenue, Brooklyn, New York. Their primary focus is on asset management, aiming to optimize the value of their growing real estate portfolio. Through efficient operation of each property, they strive to ensure that their buildings function as affordable and sustainable assets. Beyond real estate, the organization is dedicated to community and economic development, as well as providing human services, with the objective of fostering social change in central Brooklyn. Their team of 34 employees works diligently towards these goals.


Is Northeast Brooklyn Housing Develop legitimate?

Northeast Brooklyn Housing Develop is a legitimate nonprofit organization registered as a 501(c)(3) entity. Northeast Brooklyn Housing Develop 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: $475,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,138,362

For more financial information, click here


What is the mission statement of Northeast Brooklyn Housing Develop?
Who is the CEO of Northeast Brooklyn Housing Develop?
What is the revenue of Northeast Brooklyn Housing Develop?
Who are the executives of Northeast Brooklyn Housing Develop and what are their salaries?
Where can I find the form 990 for Northeast Brooklyn Housing Develop?

Mission Statement of Northeast Brooklyn Housing Develop

Northeast Brooklyn Housing Develop is dedicated to making a significant impact in its community by preserving, developing, and managing affordable housing and homeownership opportunities. This mission extends beyond real estate, encompassing a comprehensive community and economic development initiative aimed at instigating social change in central Brooklyn. The organization's strategy is twofold: firstly, it focuses on maximizing the value of its expanding real estate portfolio through efficient asset management. Secondly, it collaborates closely with its property management team to ensure that every building under its care operates optimally, delivering sustainable and affordable housing solutions. By doing so, Northeast Brooklyn Housing Develop seeks to contribute positively to the lives of its residents and drive meaningful change in its community.

Impact

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




Saturday, July 20, 2024

Northeast Brooklyn Housing Develop is dedicated to preserving, developing, and managing affordable housing and homeownership opportunities in central Brooklyn. Through its asset management strategy, the organization works to maximize the value of its real estate portfolio, ensuring that all buildings operate efficiently and serve as sustainable assets. In addition to its housing initiatives, Northeast Brooklyn Housing Develop also engages in community and economic development initiatives and provides human services to drive social change in the area.





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: $11,083
  • Program Service Revenue: $3,028,020
  • Gross Receipts: $3,797,923

    • Assets and Liabilities:
  • Total Assets: $8,598,007
  • Total Liabilities: $1,514,698
  • Net Assets: $7,083,309
  • Programs

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

    JABITORIAL FEES

    Revenue

    $1,140,188

    MANAGEMENT FEES

    Revenue

    $390,066

    SOCIAL SERVICE FEES

    Revenue

    $133,015

    COMMERCIAL RENTAL INCOM

    Revenue

    $183,459

    ADDITIONAL RENTAL FEES

    Revenue

    $10,196

    Organization Details

    Founding Year

    1985

    Principal Officer

    Jeffrey Dunston

    Main Address

    132 RALPH AVENUE, Brooklyn, NY, 11233

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Northeast Brooklyn Housing Develop 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.