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Clarkstown Middlewood Housing Development Fund Company Inc

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

EIN: 132809873 ✦ Suffern, NY ✦ Designated as a 501(c)(3)

Overview

What is Clarkstown Middlewood Housing Development Fund Company Inc?

Clarkstown Middlewood Housing Development Fund Company Inc is a nonprofit organization situated in Suffern, New York, specifically at 4 Executive Blvd 100. Its primary role is the management of a 107-unit residential apartment building complex located in Nanuet, New York, under Section 215 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), this organization ensures compliance with rental charges and operating methods, as well as oversees a Section 8 Rental Assistance Contract, which it has in place since August 1982. The company's main objective is to provide suitable housing solutions for its residents.


Is Clarkstown Middlewood Housing Development Fund Company Inc legitimate?

Clarkstown Middlewood Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Clarkstown Middlewood Housing Development Fund Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Clarkstown Middlewood Housing Development Fund Company Inc?
Who is the CEO of Clarkstown Middlewood Housing Development Fund Company Inc?
What is the revenue of Clarkstown Middlewood Housing Development Fund Company Inc?
Who are the executives of Clarkstown Middlewood Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Clarkstown Middlewood Housing Development Fund Company Inc?

Mission Statement of Clarkstown Middlewood Housing Development Fund Company Inc

Clarkstown Middlewood Housing Development Fund Company Inc, as a nonprofit organization, is dedicated to managing a 107-unit residential apartment building complex. This mission is carried out under Section 215 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), the organization's operations regarding rental charges and methods are closely monitored by this regulatory body. Furthermore, Clarkstown Middlewood Housing Development Fund Company Inc has been under a Section 8 Rental Assistance Contract since August 1982, which adds an additional layer of support for the residents of the apartment complex. The company's mission focuses on providing affordable housing and ensuring that its operations adhere to the guidelines set forth in the National Housing Act and the regulations of the U.S. Department of Housing and Urban Development.

Impact

This information is meant to be a general summary of Clarkstown Middlewood Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Clarkstown Middlewood Housing Development Fund Company Inc's impact lies in providing affordable housing options for individuals and families in Nanuet, New York. Through the operation of a 107-unit residential apartment building complex, this organization ensures that residents have a safe and secure place to call home. By offering this housing under the regulations of the U.S. Department of Housing and Urban Development (HUD), the company plays a crucial role in addressing the need for affordable housing in the area. Additionally, the entity's participation in the Section 8 rental assistance program further enhances its impact by providing financial support to those in need. Overall, Clarkstown Middlewood Housing Development Fund Company Inc contributes to the community by promoting stable housing options and supporting individuals in accessing affordable living arrangements.





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: $14,442
  • Program Service Revenue: $1,923,696
  • Gross Receipts: $1,944,288

    • Assets and Liabilities:
  • Total Assets: $14,620,471
  • Total Liabilities: $17,662,122
  • Net Assets: -$3,041,651
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,923,696

    Organization Details

    Founding Year

    1972

    Principal Officer

    George Hoehmann

    Main Address

    4 EXECUTIVE BLVD 100, SUFFERN, NY, 10901

    NTEE Category

    Code: J40I - Employment

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