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Raymond Ballard Apartments Housing Development Fund Corporation

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

EIN: 113182244 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Raymond Ballard Apartments Housing Development Fund Corporation?

Raymond Ballard Apartments Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 132 Ralph Avenue. Their primary mission is to provide and manage affordable housing for families of low income in the central sections of Brooklyn. To achieve this, they have developed a housing project comprising 45 units, offering a crucial living solution for this demographic. The corporation is dedicated to upholding its commitment to affordable housing in the specified area.


Is Raymond Ballard Apartments Housing Development Fund Corporation legitimate?

Raymond Ballard Apartments Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Raymond Ballard Apartments 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


What is the mission statement of Raymond Ballard Apartments Housing Development Fund Corporation?
Who is the CEO of Raymond Ballard Apartments Housing Development Fund Corporation?
What is the revenue of Raymond Ballard Apartments Housing Development Fund Corporation?
Who are the executives of Raymond Ballard Apartments Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Raymond Ballard Apartments Housing Development Fund Corporation?

Mission Statement of Raymond Ballard Apartments Housing Development Fund Corporation

Raymond Ballard Apartments Housing Development Fund Corporation is a dedicated organization committed to providing affordable housing for families of low income residing in the central sections of Brooklyn, New York. Their mission is crystal clear: to create and manage affordable residential units, catering specifically to families who fall under the low-income bracket. By doing so, they aim to contribute positively to the community and provide a stable living environment for these families. The corporation's primary focus is on ensuring that affordable housing remains an attainable option for those who need it most, thereby enabling them to maintain a decent quality of life.

Impact

This information is meant to be a general summary of Raymond Ballard Apartments Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

The Raymond Ballard Apartments Housing Development Fund Corporation's impact lies in its provision and management of affordable housing for low-income families in the central sections of Brooklyn, New York. By offering 45 units of affordable residential housing, the corporation directly addresses the pressing need for accessible housing options in the area. Through its mission to provide affordable housing, the corporation contributes towards community improvement by supporting families in securing stable and affordable living arrangements. The impact of the Raymond Ballard Apartments Housing Development Fund Corporation is notable for its commitment to addressing the housing challenges faced by low-income families in Brooklyn, ultimately contributing to the overall well-being and stability of 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: $1,726
  • Program Service Revenue: $467,859
  • Gross Receipts: $469,585

    • Assets and Liabilities:
  • Total Assets: $680,327
  • Total Liabilities: $3,914,485
  • Net Assets: -$3,234,158
  • Programs

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

    RENTAL INCOME

    Revenue

    $467,859

    Organization Details

    Founding Year

    1995

    Principal Officer

    Jeffrey Dunston

    Main Address

    132 RALPH AVENUE, BROOKLYN, NY, 11233

    NTEE Category

    Code: S31Z - Community improvement

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