Overview
What is Canaan Housing Dev Fund Corp?
Canaan Housing Dev Fund Corp is a nonprofit organization that has made significant strides in addressing the housing needs of low-income individuals and the elderly. Their mission encompasses the development of an 89-unit apartment complex, specifically designed for this demographic. Beyond development, their primary focus lies in the operation of an apartment building catering to senior citizens. This commitment to providing suitable housing for vulnerable populations demonstrates Canaan Housing Dev Fund Corp's dedication to improving living conditions and ensuring the well-being of its community.
Is Canaan Housing Dev Fund Corp legitimate?
Canaan Housing Dev Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Canaan Housing Dev 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: $303,944
For more financial information, click here
What is the mission statement of Canaan Housing Dev Fund Corp?
Canaan Housing Dev Fund Corp's mission revolves around developing housing solutions for vulnerable populations. Specifically, they have constructed an 89-unit apartment complex catering to low-income individuals and the elderly. Their primary activity involves managing this senior housing facility. Essentially, their mission is geared towards providing suitable living conditions for the elderly with limited financial resources.
Who is the CEO of Canaan Housing Dev Fund Corp?
Thomas Johnson is the President of Canaan Housing Dev Fund Corp.
What is the revenue of Canaan Housing Dev Fund Corp?
Canaan Housing Dev Fund Corp's revenue in 2022 was $2,002,946.
Who are the executives of Canaan Housing Dev Fund Corp and what are their salaries?
The average compensation at Canaan Housing Dev Fund Corp during 2022 was $101,315. There are 3 employees at Canaan Housing Dev Fund Corp.
Here are 7 key members and their salaries:
- Shirley Claiborne (President) [Trustee/Director]
- Rachel Brown (Vice President) [Trustee/Director]
- Thomas D Johnson (Chairperson) [Trustee/Director]
- Tracey Cole-Hagans (Secretary) [Trustee/Director]
- Dorothea Caldwell-Brown (Board Member) [Trustee/Director]
- Dakota Pippins (Board Member) [Trustee/Director]
- Lorraine Smalls (Board Member) [Trustee/Director]
Where can I find the form 990 for Canaan Housing Dev Fund Corp?
The Canaan Housing Dev Fund Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Canaan Housing Dev Fund Corp
Canaan Housing Development Fund Corp, a nonprofit organization, focuses on providing housing solutions for the elderly and individuals with low income. Their primary mission is to develop an 89-unit apartment complex specifically designed for this demographic. This complex serves as a sanctuary for those in need, offering them a secure and comfortable living environment. The organization operates this apartment building, ensuring that senior residents have access to a suitable and supportive living space.
Impact
This information is meant to be a general summary of Canaan Housing Dev Fund Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 1, 2024
Canaan Housing Dev Fund Corp's impact is evident in the development of an 89-unit apartment complex providing housing for low-income individuals and seniors in New York City. By operating this apartment building, Canaan Housing Dev Fund Corp is directly addressing the pressing need for affordable housing options, particularly among vulnerable populations such as the elderly. This initiative contributes to enhancing the quality of life for the residents by providing a safe and stable living environment. In essence, Canaan Housing Dev Fund Corp's work has a tangible and significant impact on the community by providing essential housing solutions for those in need.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$1,948,479
LAUNDRY
Revenue
$4,980
Organization Details
Founding Year
1981
Phone
(212) 222-5445
Principal Officer
Thomas Johnson
Main Address
160 WEST 116TH STREET, NEW YORK, NY, 10026
NTEE Category
Code: L21 - Housing
If you are a representative of Canaan Housing Dev 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.