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Ega Hall Housing Development Fund Corporation

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

EIN: 133560444 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Ega Hall Housing Development Fund Corporation?

Ega Hall Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 209 East 118th Street, New York, NY 10035. Their primary mission involves providing rental housing for individuals of low income. Under an agreement with the City of New York's Department of Housing Preservation and Development, they manage a 63-unit residential building, ensuring affordable living options for those in need. With a dedicated workforce of just two individuals, Ega Hall Housing Development Fund Corporation continues to contribute to the housing sector in New York City.


Is Ega Hall Housing Development Fund Corporation legitimate?

Ega Hall Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ega Hall Housing Development Fund 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: $95,630

For more financial information, click here


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

Mission Statement of Ega Hall Housing Development Fund Corporation

Ega Hall Housing Development Fund Corporation is committed to providing affordable housing for individuals of low income. Under an agreement with the City of New York's Department of Housing Preservation and Development, this organization operates a 63-unit residential building. This mission is reflected in their rental operations, specifically for single room occupancy housing. By offering housing options to those who may not otherwise be able to afford it, Ega Hall Housing Development Fund Corporation plays a significant role in supporting and uplifting its community. Their work contributes to the broader goal of ensuring that everyone has access to a safe and secure place to live, regardless of their financial situation.

Impact

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




Wednesday, July 24, 2024

Ega Hall Housing Development Fund Corporation provides vital affordable housing options for individuals of low income in New York City. Operating a 63-unit residential building under an agreement with the City of New York Department of Housing Preservation and Development, this organization plays a crucial role in addressing the housing needs of underserved communities. By offering rental operations for single-room occupancy housing, Ega Hall HDFC contributes to enhancing the quality of life for those who might otherwise struggle to secure safe and affordable housing options in a challenging real estate market. Through their focused efforts, Ega Hall HDFC directly impacts the lives of individuals in need, providing a stable foundation for them to thrive and succeed.





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: $557
  • Program Service Revenue: $565,773
  • Gross Receipts: $566,330

    • Assets and Liabilities:
  • Total Assets: $1,209,384
  • Total Liabilities: $3,670,947
  • Net Assets: -$2,461,563
  • Programs

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

    RENTAL INCOME

    Revenue

    $507,819

    SOCIAL SERVICE FEES

    Revenue

    $57,954

    Organization Details

    Founding Year

    1990

    Principal Officer

    Sr Georgette Lawton

    Main Address

    209 EAST 118TH STREET, NEW YORK, NY, 10035

    NTEE Category

    Code: L25Z - Housing

    If you are a representative of Ega Hall Housing Development Fund 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.