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1850 Second Avenue Services Corporation

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

EIN: 133557175 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is 1850 Second Avenue Services Corporation?

1850 Second Avenue Services Corporation is a charitable organization, headquartered in New York City, specifically at 11 PARK PLACE 1416, New York, NY 10007. Their primary mission is to provide subsidized, low-income housing for senior citizens and families. Out of their 48 units, 29 are dedicated to the Enriched Housing Program, catering to frail and handicapped seniors, offering them the necessary specialized services. The Corporation's aim is to enhance the living conditions of those in need, by owning, rehabilitating, leasing, managing, equipping, maintaining, developing, and operating a housing project. They currently employ a team of 8 individuals.


Official website here: www.nyfsc.org

Is 1850 Second Avenue Services Corporation legitimate?

1850 Second Avenue Services Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1850 Second Avenue Services Corporation 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: $164,361

For more financial information, click here


Official website here: www.nyfsc.org

What is the mission statement of 1850 Second Avenue Services Corporation?

The 1850 Second Avenue Services Corporation is established with a charitable purpose, focusing on providing, managing, and maintaining subsidized housing for individuals and families of low income. Specifically, they offer 48 units of housing for senior citizens and families, some of whom are enrolled in an enriched housing program, which caters to frail and handicapped seniors with specialized services they require. The corporation's mission involves owning, rehabilitating, and leasing properties, ensuring they are equipped, maintained, developed, and operated to cater to the needs of their residents.


Official website here: www.nyfsc.org

Who is the CEO of 1850 Second Avenue Services Corporation?

Linda Hoffman is the President of 1850 Second Avenue Services Corporation. The CEO's salary of 1850 Second Avenue Services Corporation is $0 and their total compensation is $724,061.


Official website here: www.nyfsc.org

What is the revenue of 1850 Second Avenue Services Corporation?

1850 Second Avenue Services Corporation's revenue in 2022 was $764,068.


Official website here: www.nyfsc.org

Who are the executives of 1850 Second Avenue Services Corporation and what are their salaries?

The average compensation at 1850 Second Avenue Services Corporation during 2022 was $20,545. There are 8 employees and 4 volunteers at 1850 Second Avenue Services Corporation.

Here are 6 key members and their salaries (1850 Second Avenue Services Corporation's CEO's salary is $0 and their total compensation is $724,061):

    Linda R Hoffman (Chief Executive Officer)
  • Compensation: $0
  • Related: $692,717
  • Other: $31,344

    • Rolando Blanco (Chief Financial Officer)
  • Compensation: $0
  • Related: $285,600
  • Other: $25,497

    • Deborah Smith Bernstein (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Elizabeth R Tozer (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joan Finkelstein (Executive Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ann Van Ness (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.nyfsc.org

    Where can I find the form 990 for 1850 Second Avenue Services Corporation?

    The 1850 Second Avenue Services Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.nyfsc.org

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

    Mission Statement of 1850 Second Avenue Services Corporation

    The 1850 Second Avenue Services Corporation is established with a charitable purpose, primarily focused on providing and managing subsidized, low-income housing for senior citizens and families in need. This organization is dedicated to owning, rehabilitating, leasing, maintaining, developing, and operating a housing project, ensuring it is equipped to cater to the unique needs of its residents. The Corporation's mission extends to the enriched housing program, which specifically caters to frail and handicapped seniors. This program offers a specialized apartment-based lifestyle, complete with the necessary services these individuals require. By providing 48 units of subsidized housing, the 1850 Second Avenue Services Corporation plays a crucial role in offering a safe and supportive living environment for those in need.

    Impact

    This information is meant to be a general summary of 1850 Second Avenue Services Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    1850 Second Avenue Services Corporation provides essential subsidized housing for senior citizens and families with low incomes in New York City. This organization is dedicated to offering affordable living spaces for individuals in need, particularly focusing on seniors who may require enriched housing services due to frailty or disabilities. By offering 48 units of subsidized housing, including a specialized program for frail and handicapped seniors, 1850 Second Avenue Services Corporation plays a crucial role in supporting vulnerable individuals and families in accessing safe and affordable homes.





    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: $3,129
  • Program Service Revenue: $197,005
  • Gross Receipts: $764,068

    • Assets and Liabilities:
  • Total Assets: $5,011,378
  • Total Liabilities: $5,109,019
  • Net Assets: -$97,641
  • Programs

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

    RENTAL INCOME

    Revenue

    $197,005

    Organization Details

    Founding Year

    1989

    Principal Officer

    Linda Hoffman

    Main Address

    11 PARK PLACE 1416, NEW YORK, NY, 10007

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of 1850 Second Avenue Services Corporation 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.