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Gates Avenue Hdfc

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

EIN: 133550051 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Gates Avenue Hdfc?

Gates Avenue HDFC is a nonprofit organization situated in Bedford-Stuyvesant, Brooklyn, specifically at 345 E 102ND ST STE 305, New York, NY 10029. Its primary mission is to provide affordable and decent housing for individuals of low income. Initially established and renovated by The Doe Fund in 1990, the 61-bed residence offers a supportive community for individuals who have experienced homelessness or recently emerged from incarceration. The residence features two-person rooms with individual keys, promoting a sense of ownership and independence. Gates Avenue HDFC is renowned for its "three-legged stool" model, offering paid work, housing, and support services to its residents, which has proven successful in helping thousands transition out of homelessness and reducing recidivism rates by 62%. The organization also provides resources tailored to the diverse needs of its residents, including case management, career training, addiction recovery, and basic education.


Official website here: www.doe.org

Is Gates Avenue Hdfc legitimate?

Gates Avenue Hdfc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gates Avenue Hdfc 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: $3,800

For more financial information, click here


Official website here: www.doe.org

What is the mission statement of Gates Avenue Hdfc?

Gates Avenue Hdfc is a charitable organization with a mission to provide housing solutions for individuals of low income and those in need. It is established for the purpose of owning, constructing, rehabilitating, leasing, managing, equipping, maintaining, developing, and operating a housing project. The corporation aims to offer clean and decent temporary or permanent housing facilities to those in need, charging a modest price without seeking profit. The housing project is located at 520 Gates Avenue, but the specific location is not the focus of the mission statement.


Official website here: www.doe.org

Who is the CEO of Gates Avenue Hdfc?

Jennifer Mitchell is the Principal Officer of Gates Avenue Hdfc. The CEO's salary of Gates Avenue Hdfc is $0 and their total compensation is $481,312.


Official website here: www.doe.org

What is the revenue of Gates Avenue Hdfc?

Gates Avenue Hdfc's revenue in 2022 was $669,722.


Official website here: www.doe.org

Who are the executives of Gates Avenue Hdfc and what are their salaries?

Here are 15 key members and their salaries (Gates Avenue Hdfc's CEO's salary is $0 and their total compensation is $481,312):

    Harriet Mcdonald (President & Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $455,523
  • Other: $25,789

    • Anthony Mangione (Cfao)
  • Compensation: $0
  • Related: $267,213
  • Other: $44,828

    • Steven Koppel (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christian Diez (Treasurer As Of 8/16/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Shapiro (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bill Thompson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sunil Kapadia (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nadia Block (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julian Riley Jr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Frank Gribbon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jesse Wilkins (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Melique Jones (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rob Morse (Board Member As Of 8/16/21) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Matt Azznara (Board Member As Of 6/26/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Josh Weisenbeck (Board Member As Of 6/26/22) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.doe.org

    Where can I find the form 990 for Gates Avenue Hdfc?

    The Gates Avenue Hdfc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.doe.org

    Learn more at the official website: www.doe.org

    Mission Statement of Gates Avenue Hdfc

    Gates Avenue HDFC, a charitable organization, is dedicated to an extraordinary purpose. Its mission revolves around the development and operation of a housing project, catering to individuals of low income and those in need. The corporation is structured solely for this charitable objective, aiming to own, construct, rehabilitate, lease, manage, equip, maintain, develop, and operate such a housing project. The core goal of Gates Avenue HDFC is to provide clean, decent, and affordable permanent or temporary housing facilities for those in need, charging a modest price without seeking profit. This commitment to providing suitable accommodations underscores its dedication to improving the lives of its beneficiaries.

    Impact

    This information is meant to be a general summary of Gates Avenue Hdfc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Gates Avenue Hdfc's impact lies in its provision of essential housing and support services for individuals facing homelessness or reintegration from incarceration. Through the development and operation of the housing project at 520 Gates Avenue in Brooklyn, Gates Avenue Hdfc offers a dignified and community-oriented living environment for those in need. By implementing a "three-legged stool" model that combines paid work, housing, and supportive services, Gates Avenue contributes significantly to successful transitions out of homelessness. This unique approach not only fosters a sense of community but also provides crucial resources tailored to diverse needs, including case management, career training, addiction recovery, and adult basic education. Studies have shown that this model significantly reduces the chance of recidivism, highlighting the tangible and positive impact of Gates Avenue Hdfc's work on individuals' lives.





    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: $0
  • Program Service Revenue: $0
  • Gross Receipts: $669,722

    • Assets and Liabilities:
  • Total Assets: $13,592,054
  • Total Liabilities: $13,754,459
  • Net Assets: -$162,405
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Jennifer Mitchell

    Main Address

    345 E 102ND ST STE 305, NEW YORK, NY, 10029

    NTEE Category

    Code: L20Z - Housing

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