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Los Sures Sip Housing Development Fund Corporation

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

EIN: 113104312 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Los Sures Sip Housing Development Fund Corporation?

Los Sures Sip Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 434 South 5th Street, 11211. Their primary mission is to develop, rehabilitate, and manage a housing project catering to individuals of low income. The project encompasses six buildings and provides 127 residential apartments, along with four commercial units. The organization's work aims to contribute to the community by offering housing solutions for those in need.


Official website here: www.lossures.org

Is Los Sures Sip Housing Development Fund Corporation legitimate?

Los Sures Sip Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Los Sures Sip 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: $0

For more financial information, click here


Official website here: www.lossures.org

What is the mission statement of Los Sures Sip Housing Development Fund Corporation?

Los Sures Sip Housing Development Fund Corporation was established with the mission to develop, rehabilitate, and operate a housing project catering to individuals of low income. This organization has undertaken a housing project, which comprises six buildings, housing a total of 127 residential apartments. Additionally, the project includes four commercial units. The primary objective of Los Sures Sip Housing Development Fund Corporation is to provide affordable housing options for individuals who fall under the low-income category.


Official website here: www.lossures.org

Who is the CEO of Los Sures Sip Housing Development Fund Corporation?

Juan Ramos is the Board Member of Los Sures Sip Housing Development Fund Corporation.


Official website here: www.lossures.org

What is the revenue of Los Sures Sip Housing Development Fund Corporation?

Los Sures Sip Housing Development Fund Corporation's revenue in 2022 was $1,791,277.


Official website here: www.lossures.org

Who are the executives of Los Sures Sip Housing Development Fund Corporation and what are their salaries?

Here are 17 key members and their salaries:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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


  • Official website here: www.lossures.org

    Where can I find the form 990 for Los Sures Sip Housing Development Fund Corporation?

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


    Official website here: www.lossures.org

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

    Mission Statement of Los Sures Sip Housing Development Fund Corporation

    Los Sures Sip Housing Development Fund Corporation was established with a mission to develop, rehabilitate, and operate a housing project catering to individuals of low income. This nonprofit organization has dedicated its efforts to providing affordable living spaces, as evidenced by its housing project consisting of six buildings, housing a total of 127 residential apartments. Furthermore, the project includes four commercial units, demonstrating Los Sures Sip Housing Development Fund Corporation's commitment to supporting both residential and commercial needs within the low-income community.

    Impact

    This information is meant to be a general summary of Los Sures Sip 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

    Los Sures Sip Housing Development Fund Corporation's impact is evident in its operation of a housing project that provides affordable housing for low-income residents in Brooklyn, NY. This initiative consists of six buildings with a total of 127 residential apartments and four commercial units. By creating this housing project, Los Sures Sip Housing Development Fund Corporation addresses the critical need for affordable housing in the community, helping to improve the quality of life for individuals and families facing financial challenges. Their mission to develop, rehabilitate, and operate this housing project directly contributes to supporting and uplifting low-income individuals through access to safe and affordable housing options.





    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: $37
  • Program Service Revenue: $1,618,120
  • Gross Receipts: $1,791,277

    • Assets and Liabilities:
  • Total Assets: $6,742,603
  • Total Liabilities: $11,178,482
  • Net Assets: -$4,435,879
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,618,120

    Organization Details

    Founding Year

    1991

    Principal Officer

    Juan Ramos

    Main Address

    434 SOUTH 5TH STREET, BROOKLYN, NY, 11211

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Los Sures Sip 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.