New York Insititute For Human Development Inc

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

EIN: 132572413 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is New York Insititute For Human Development Inc?

New York Institute for Human Development Inc, located at 1011 First Avenue, New York, NY 10022, is a nonprofit organization dedicated to supporting the creation, survival, and growth of community-based organizations. They offer a wide range of technical assistance, consulting services, and financial aid. Affiliated with the Association of New York Catholic Homes, Inc., the organization provides oversight to archdiocesan-affiliated housing companies. Additionally, New York Institute for Human Development Inc is associated with Catholic Charities of the Archdiocese of New York and other archdiocesan entities. Their primary mission is to ensure the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects. They also manage the development of new affordable housing units and refinance existing debt obligations. The organization employs 9 individuals.


Is New York Insititute For Human Development Inc legitimate?

New York Insititute For Human Development Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. New York Insititute For Human Development Inc 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: $302,350
Professional Fundraising Fees: $0
Other Salaries and Wages: $718,023

For more financial information, click here


What is the mission statement of New York Insititute For Human Development Inc?
Who is the CEO of New York Insititute For Human Development Inc?
What is the revenue of New York Insititute For Human Development Inc?
Who are the executives of New York Insititute For Human Development Inc and what are their salaries?
Where can I find the form 990 for New York Insititute For Human Development Inc?

Mission Statement of New York Insititute For Human Development Inc

The New York Institute for Human Development Inc is dedicated to supporting the establishment, continuity, and expansion of community-focused organizations. They accomplish this through a diverse array of technical assistance, consulting services, and financial aid. This nonprofit organization is affiliated with the Association of New York Catholic Homes, Inc., which oversees archdiocesan housing companies. Additionally, the New York Institute for Human Development Inc is associated with Catholic Charities of the Archdiocese of New York and other archdiocesan entities.

With a mission centered around ensuring the upkeep and advancement of affordable housing, the New York Institute for Human Development Inc provides management and supervisory services to parish-sponsored housing projects. These projects are owned by non-profit housing development and finance companies. Beyond this, the organization also engages in the development of new affordable housing units on underutilized or vacant parish properties. Furthermore, they facilitate the refinancing of existing debt obligations for these projects. This commitment to affordable housing in the community is a significant part of the New York Institute for Human Development Inc's mission.

Impact

This information is meant to be a general summary of New York Insititute For Human Development Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

New York Institute For Human Development Inc's impact lies in aiding the creation, survival, and growth of community-based organizations through a broad range of technical assistance, consulting services, and financial support. The organization provides consulting to various independent companies managing affordable multifamily and senior citizen housing. Additionally, they offer construction management consulting and development services to housing development finance corporations engaged in the rehabilitation of existing affordable housing projects and the construction of new affordable housing. Their work focuses on assuring the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects owned by non-profit housing development and finance companies. Overall, New York Institute For Human Development Inc plays a crucial role in the sustainable development of affordable housing initiatives 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 2022.

  • Investment Income: $34,963
  • Program Service Revenue: $9,648,134
  • Gross Receipts: $9,683,097

    • Assets and Liabilities:
  • Total Assets: $41,983,691
  • Total Liabilities: $33,624,886
  • Net Assets: $8,358,805
  • Programs

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

    DEVELOPER FEES

    Revenue

    $8,688,980

    HOUSING PROJECT MGMT.

    Revenue

    $703,064

    INT. ON PROGRAM INV.

    Revenue

    $225,314

    CONSTRUCTION MGMT.

    Revenue

    $30,000

    OTHER PROGRAM REVENUE

    Revenue

    $776

    Organization Details

    Founding Year

    1966

    Principal Officer

    Russell Lang

    Main Address

    1011 FIRST AVENUE, NEW YORK, NY, 10022

    NTEE Category

    Code: B00 - Education

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