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400-408 Housing Development Fund Company Inc

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

EIN: 132897042 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is 400-408 Housing Development Fund Company Inc?

The 400-408 Housing Development Fund Company Inc, located in the heart of New York City, New York, is a nonprofit organization committed to providing clean and affordable housing solutions for low-income residents. Their primary mission is to address the housing needs of this demographic, ensuring they have access to comfortable living spaces. With their headquarters situated in Manhattan, they work relentlessly towards this goal, striving to make a difference in their community.


Is 400-408 Housing Development Fund Company Inc legitimate?

400-408 Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 400-408 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 400-408 Housing Development Fund Company Inc?
Who is the CEO of 400-408 Housing Development Fund Company Inc?
What is the revenue of 400-408 Housing Development Fund Company Inc?
Who are the executives of 400-408 Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for 400-408 Housing Development Fund Company Inc?

Mission Statement of 400-408 Housing Development Fund Company Inc

400-408 Housing Development Fund Company Inc, as a not-for-profit organization, is dedicated to providing a vital service in the housing sector. Its mission is to offer clean and affordable housing solutions to residents with low incomes, working tirelessly to make a positive impact on the community. By providing housing, the company aims to enhance the living standards of its residents, enabling them to live comfortably and with dignity. The organization's commitment to affordable housing is evident in its mission, which is to serve as a beacon of hope for those in need, offering them a safe and affordable place to call home.

Impact

This information is meant to be a general summary of 400-408 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

The impact of 400-408 Housing Development Fund Company Inc is significant in providing clean, affordable housing to low-income residents in New York, NY. This organization plays a crucial role in addressing the housing needs of individuals and families who may struggle to afford suitable living conditions in an expensive city like New York. By offering affordable housing options, 400-408 Housing Development Fund Company Inc helps improve the quality of life for low-income residents, allowing them to live in safe and stable environments. This contributes to the overall well-being of the community and helps reduce housing insecurity among vulnerable populations.





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: $1,768
  • Program Service Revenue: $4,570,035
  • Gross Receipts: $4,578,663

    • Assets and Liabilities:
  • Total Assets: $12,561,449
  • Total Liabilities: $4,380,977
  • Net Assets: $8,180,472
  • Programs

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

    HUD SUBSIDIES

    Revenue

    $3,852,556

    TENANT SUBSIDIES

    Revenue

    $717,479

    Organization Details

    Founding Year

    1975

    Principal Officer

    Paul Moore

    Main Address

    494 EIGHTH AVENUE 19TH FLOOR, NEW YORK, NY, 10001

    NTEE Category

    Code: L21 - Housing

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