nonprofit logo

The Lower East Side People's Mutual Housing Association Inc

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

EIN: 133570544 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is The Lower East Side People's Mutual Housing Association Inc?

The Lower East Side People's Mutual Housing Association Inc is a nonprofit organization committed to providing housing solutions for individuals with low and moderate incomes. They achieve this by offering rental units within the community. Their primary mission revolves around making affordable housing accessible to those in need, thereby contributing positively to the local community. The organization's activities are focused on this provision of housing, ensuring that a diverse set of individuals can secure a place to call home.


Is The Lower East Side People's Mutual Housing Association Inc legitimate?

The Lower East Side People's Mutual Housing Association Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lower East Side People's Mutual Housing Association Inc 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: $95,235
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,327,465

For more financial information, click here


What is the mission statement of The Lower East Side People's Mutual Housing Association Inc?
Who is the CEO of The Lower East Side People's Mutual Housing Association Inc?
What is the revenue of The Lower East Side People's Mutual Housing Association Inc?
Who are the executives of The Lower East Side People's Mutual Housing Association Inc and what are their salaries?
Where can I find the form 990 for The Lower East Side People's Mutual Housing Association Inc?

Mission Statement of The Lower East Side People's Mutual Housing Association Inc

The Lower East Side People's Mutual Housing Association, a nonprofit organization, is dedicated to providing housing solutions for individuals with low and moderate incomes. Their mission is to offer rental units to the community, thereby addressing the housing needs of those who may not have other affordable options available. By doing so, the Lower East Side People's Mutual Housing Association plays a crucial role in ensuring that individuals in this income bracket have access to stable and secure housing, which is a fundamental human need. The organization's efforts contribute to creating a more equitable and inclusive community, where all individuals have the opportunity to live with dignity and security.

Impact

This information is meant to be a general summary of The Lower East Side People's Mutual Housing Association Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

The Lower East Side People's Mutual Housing Association Inc provides essential housing solutions for low and moderate-income individuals in New York City. Their impact includes offering rental units to the community, ensuring that individuals have access to affordable housing options. Through their work, they help address the housing needs of vulnerable populations and contribute to creating a more sustainable and equitable housing environment in the city.





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: $255
  • Program Service Revenue: $2,373,033
  • Gross Receipts: $2,374,288

    • Assets and Liabilities:
  • Total Assets: $9,671,980
  • Total Liabilities: $2,216,028
  • Net Assets: $7,455,952
  • Programs

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

    MANAGEMENT FEES

    Revenue

    $2,014,901

    RENTAL INCOME

    Revenue

    $181,357

    CONSULTING FEES

    Revenue

    $176,775

    Organization Details

    Principal Officer

    Kil J Yi

    Main Address

    228 EAST 3RD STREET, NEW YORK, NY, 10009

    NTEE Category

    Code: L200 - Housing

    If you are a representative of The Lower East Side People's Mutual Housing Association Inc 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.