Woodysun Housing Development Fund Corp

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

EIN: 133022900 ✦ Sunnyside, NY ✦ Designated as a 501(c)(3)

Overview

What is Woodysun Housing Development Fund Corp?

Woodysun Housing Development Fund Corp is a nonprofit organization established in 1979, located in Sunnyside, New York. The primary purpose of this organization is to develop and manage a 78-unit residential complex for elderly, low-income individuals, in compliance with Section 202 of the National Housing Act. The project, situated in Woodside, Queens, New York, is their main focus and mission. The company employs a small team of three individuals, dedicated to fulfilling their mission of providing housing for the elderly in need.


Is Woodysun Housing Development Fund Corp legitimate?

Woodysun Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodysun Housing Development Fund Corp 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: $161,349

For more financial information, click here


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

Mission Statement of Woodysun Housing Development Fund Corp

Woodysun Housing Development Fund Corp, established in 1979, is a nonprofit organization with a mission to develop and operate a housing project catering to elderly individuals of low income. This project, known as the Woodside Queens complex, comprises 78 residential units. The organization's primary goal is to provide a suitable living environment for this specific demographic, ensuring they have access to affordable housing. By undertaking this mission, Woodysun Housing Development Fund Corp contributes to the well-being of elderly individuals, offering them a secure and comfortable living situation.

Impact

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




Thursday, August 1, 2024

Woodysun Housing Development Fund Corp's impact lies in providing safe and affordable housing for elderly individuals of low income. By developing and operating a 78-unit residential apartment building complex in Woodside, Queens, New York, this organization addresses a critical need for housing among vulnerable populations. Through its mission to serve elderly persons in need, Woodysun Housing Development Fund Corp contributes to improving the quality of life for low-income seniors in the Sunnyside community. Their work exemplifies a commitment to housing equity and ensuring that all individuals have access to suitable living arrangements regardless of their financial circumstances.





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: $562
  • Program Service Revenue: $253,840
  • Gross Receipts: $1,577,449

    • Assets and Liabilities:
  • Total Assets: $3,018,896
  • Total Liabilities: $4,723,678
  • Net Assets: -$1,704,782
  • Programs

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

    RENTAL INCOME

    Revenue

    $253,840

    Organization Details

    Founding Year

    1979

    Principal Officer

    Leslie Heredia

    Main Address

    44-20 64TH STREET, SUNNYSIDE, NY, 11377

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Woodysun Housing Development Fund Corp and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.