358-74 Vernon Avenue Housing Development Fund Corporatio

358-74 Vernon Avenue Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 132 Ralph Avenue. Their primary mission is to provide supportive housing for elderly and handicapped individuals with low incomes. They have been operating and managing their Lucille Rose Manor Apartments project, which was developed with capital assistance from the U.S. Department of Housing and Urban Development under Section 202 of the Housing Act of 1959. The organization adheres to the requirements of HUD, ensuring they only admit eligible tenants. Through a Housing Assistance Payments (HAP) contract with HUD, they process monthly housing assistance for each tenant, collecting the tenant's portion of the rent. With a small workforce of 4 individuals, they are dedicated to serving the needs of their community.

358-74 Vernon Avenue Housing Development Fund Corporatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. 358-74 Vernon Avenue Housing Development Fund Corporatio 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: $123,997

For more financial information, click here

The 358-74 Vernon Avenue Housing Development Fund Corporation's mission is centered around providing supportive housing for individuals who are either elderly or have disabilities and fall within the low-income bracket. Their primary objective is to develop housing facilities and services tailored to cater to the needs of these specific groups. The organization operates and maintains its Lucille Rose Manor Apartments, which were developed with the assistance of the U.S. Department of Housing and Urban Development, adhering to the requirements set by HUD. To ensure eligible tenants are admitted, the organization operates under a Housing Assistance Payments (HAP) contract with HUD, which allows them to process monthly housing assistance for each tenant and collect their portion of the rent.

Elliott Robinson Jr is the Chairman of 358-74 Vernon Avenue Housing Development Fund Corporatio.

358-74 Vernon Avenue Housing Development Fund Corporatio's revenue in 2022 was $655,537.

The average compensation at 358-74 Vernon Avenue Housing Development Fund Corporatio during 2022 was $30,999. There are 4 employees and 3 volunteers at 358-74 Vernon Avenue Housing Development Fund Corporatio.

Here are 3 key members and their salaries:

The 358-74 Vernon Avenue Housing Development Fund Corporatio’s most recent form 990 was submitted in 2022 and can be accessed here