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Haven Plaza Hdfc Inc Catholic Homes New York

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

EIN: 132563033 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Haven Plaza Hdfc Inc Catholic Homes New York?

Haven Plaza Hdfc Inc Catholic Homes New York is a nonprofit organization situated in New York City, specifically at 80 Maiden Lane 13th Floor, New York, NY 10038. Their primary mission is to support a low-income housing project that operates 371 rental apartments for individuals with very low incomes. This project previously owned the housing through March 17, 2011. The organization's purpose aligns with the maintenance and development of affordable housing. They provide support to an exempt organization, whose main objective is to ensure the preservation and creation of affordable living spaces. This is achieved by offering services to housing projects sponsored by non-profit housing development and finance companies. The organization helps in the preservation and rehabilitation of existing affordable housing units and develops new ones on underutilized or vacant properties owned by the non-profit.


Is Haven Plaza Hdfc Inc Catholic Homes New York legitimate?

Haven Plaza Hdfc Inc Catholic Homes New York is a legitimate nonprofit organization registered as a 501(c)(3) entity. Haven Plaza Hdfc Inc Catholic Homes New York 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 Haven Plaza Hdfc Inc Catholic Homes New York?
Who is the CEO of Haven Plaza Hdfc Inc Catholic Homes New York?
What is the revenue of Haven Plaza Hdfc Inc Catholic Homes New York?
Who are the executives of Haven Plaza Hdfc Inc Catholic Homes New York and what are their salaries?
Where can I find the form 990 for Haven Plaza Hdfc Inc Catholic Homes New York?

Mission Statement of Haven Plaza Hdfc Inc Catholic Homes New York

Haven Plaza HDFC Inc. Catholic Homes New York, as a supportive organization, enters into a ground lease agreement with a low-income housing project. Their primary mission is to provide assistance to an exempt organization, organized under Section 170 (B) (1) (A) (I), whose purpose is to ensure the maintenance and development of high-quality affordable housing. This is accomplished by offering services to housing projects sponsored by non-profit housing development and finance companies.

The organization's role extends beyond just leasing property. They actively engage in the preservation and rehabilitation of existing affordable housing units and the development of new ones on vacant or underutilized properties that they own. This commitment to affordable housing is vital in addressing the housing needs of low-income individuals and families, thereby contributing to a more equitable society. By providing these essential services, Haven Plaza HDFC Inc. Catholic Homes New York plays a significant role in improving the living conditions of those in need, thereby enhancing overall community well-being.

Impact

This information is meant to be a general summary of Haven Plaza Hdfc Inc Catholic Homes New York. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Haven Plaza Hdfc Inc Catholic Homes New York's impact is crucial in maintaining and developing affordable housing in New York City. Through its ground lease agreement with a low-income housing project, which operates 371 rental apartments for individuals with very low incomes, the organization plays a vital role in ensuring the availability of quality affordable housing for those in need. By providing support to an exempt organization focused on affordable housing development, Haven Plaza Hdfc Inc Catholic Homes New York contributes to the preservation and rehabilitation of existing affordable housing units, as well as the development of new affordable housing properties. These efforts are essential in addressing the housing needs of low-income individuals and families in 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 2023.

  • Investment Income: $49,541
  • Program Service Revenue: $955,300
  • Gross Receipts: $1,004,841

    • Assets and Liabilities:
  • Total Assets: $18,630,198
  • Total Liabilities: $2,515,005
  • Net Assets: $16,115,193
  • Programs

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

    SELLERS NOTE

    Revenue

    $761,300

    GROUND LEASE RENT INCO

    Revenue

    $194,000

    Organization Details

    Founding Year

    1969

    Principal Officer

    Msgr Kevin Nelan

    Main Address

    80 MAIDEN LANE 13TH FLOOR, NEW YORK, NY, 10038

    NTEE Category

    Code: L21 - Housing

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