nonprofit logo

Whalebone Housing And Development Fund Co Incorporated

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

EIN: 112770854 ✦ East hampton, NY ✦ Designated as a 501(c)(3)

Overview

What is Whalebone Housing And Development Fund Co Incorporated?

Whalebone Housing and Development Fund Co Incorporated is a nonprofit organization situated in East Hampton, New York. Their primary mission is to offer affordable housing for low to moderate income individuals who are eligible for Section 8 subsidies from the U.S. Department of Housing and Urban Development. To achieve this, they manage a multi-family rental housing complex in East Hampton, providing a much-needed living solution for this specific demographic. Their operations are supported by a team of five dedicated individuals.


Is Whalebone Housing And Development Fund Co Incorporated legitimate?

Whalebone Housing And Development Fund Co Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Whalebone Housing And Development Fund Co Incorporated 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: $207,406

For more financial information, click here


What is the mission statement of Whalebone Housing And Development Fund Co Incorporated?
Who is the CEO of Whalebone Housing And Development Fund Co Incorporated?
What is the revenue of Whalebone Housing And Development Fund Co Incorporated?
Who are the executives of Whalebone Housing And Development Fund Co Incorporated and what are their salaries?
Where can I find the form 990 for Whalebone Housing And Development Fund Co Incorporated?

Mission Statement of Whalebone Housing And Development Fund Co Incorporated

Whalebone Housing and Development Fund Co. Incorporated is committed to providing affordable housing solutions for individuals and families with moderate to low incomes. Operating a multi-family rental complex, this nonprofit organization seeks to address the housing needs of qualified tenants in the United States Department of Housing and Urban Development's Section 8 subsidy program. By offering low-cost accommodations, Whalebone Housing and Development Fund Co. Incorporated aims to contribute to a more equitable community, ensuring that everyone has access to a safe and comfortable living environment, regardless of their income level.

Impact

This information is meant to be a general summary of Whalebone Housing And Development Fund Co Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Whalebone Housing And Development Fund Co Incorporated's impact can be seen in providing affordable housing for low to moderate-income tenants in East Hampton, New York. By operating a multi-family rental housing complex, the organization offers a crucial resource for individuals who qualify for Section 8 subsidies from the U.S. Department of Housing and Urban Development. This initiative directly addresses the pressing need for accessible housing options in the area, ensuring that residents have a stable and secure place to call home.





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: $30
  • Program Service Revenue: $497,742
  • Gross Receipts: $898,353

    • Assets and Liabilities:
  • Total Assets: $1,107,921
  • Total Liabilities: $2,435,291
  • Net Assets: -$1,327,370
  • Programs

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

    RENTAL INCOME

    Revenue

    $421,414

    SOCIAL SERVICES

    Revenue

    $76,328

    Organization Details

    Founding Year

    1985

    Principal Officer

    Walter Blumberg

    Main Address

    147 Boat Headers Lane, East Hampton, NY, 11937

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Whalebone Housing And Development Fund Co Incorporated 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.