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Narragansett Housing Development Fund Corporation

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

EIN: 133685749 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Narragansett Housing Development Fund Corporation?

Narragansett Housing Development Fund Corporation is a nonprofit organization committed to addressing housing insecurity. Their primary mission involves operating and developing permanent supportive and affordable housing units, with a focus on combating chronic homelessness and assisting individuals at risk of displacement. They have successfully managed a 104-unit low-income supportive housing project named Narragansett, located in New York, NY. Furthermore, the organization collaborates with NYC Human Resources Administration's HIV/AIDS Services Administration on contractual projects. By providing housing solutions and partnering with relevant organizations, Narragansett Housing Development Fund Corporation aims to enhance living conditions for marginalized communities.


Official website here: www.hsi-ny.org

Is Narragansett Housing Development Fund Corporation legitimate?

Narragansett Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Narragansett 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: $1,034,856

For more financial information, click here


Official website here: www.hsi-ny.org

What is the mission statement of Narragansett Housing Development Fund Corporation?

Narragansett Housing Development Fund Corporation's mission is centered around addressing housing issues. The organization operates and develops permanent supportive and affordable housing with the aim of ending chronic homelessness, preventing homelessness for individuals at risk, and improving living conditions for marginalized groups. They own and manage a low-income supportive housing project called Narragansett, located in New York, NY. Furthermore, they are under contract with NYC Human Resources Administration's HIV/AIDS Services Administration, continuing their commitment to providing housing solutions.


Official website here: www.hsi-ny.org

Who is the CEO of Narragansett Housing Development Fund Corporation?

James M Dill is the Trustee/Treasurer/Exec Dir of Narragansett Housing Development Fund Corporation.


Official website here: www.hsi-ny.org

What is the revenue of Narragansett Housing Development Fund Corporation?

Narragansett Housing Development Fund Corporation's revenue in 2022 was $2,265,339.


Official website here: www.hsi-ny.org

Who are the executives of Narragansett Housing Development Fund Corporation and what are their salaries?

The average compensation at Narragansett Housing Development Fund Corporation during 2022 was $79,604. There are 13 employees at Narragansett Housing Development Fund Corporation.

Here are 8 key members and their salaries:

    James M Dill (Trustee/Treasurer/Exec Dir)
  • Compensation: $0
  • Related: $173,855
  • Other: $28,207

    • Molly Mattimore (Trustee/Corporate Secretary)
  • Compensation: $0
  • Related: $172,294
  • Other: $18,759

    • Kristi Cilenti (Director Of Programs)
  • Compensation: $0
  • Related: $147,505
  • Other: $26,159

    • Mark Shapiro (Chief Financial Officer)
  • Compensation: $0
  • Related: $129,920
  • Other: $19,365

    • Almir Lalicic (Director Of Property Management)
  • Compensation: $0
  • Related: $122,442
  • Other: $24,634

    • Dan Danaher (Director Of Operations)
  • Compensation: $0
  • Related: $144,778
  • Other: $0

    • Ralph Garcia (Security Director)
  • Compensation: $0
  • Related: $126,780
  • Other: $0

    • Mary Hardin (Trustee/Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.hsi-ny.org

    Where can I find the form 990 for Narragansett Housing Development Fund Corporation?

    The Narragansett Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.hsi-ny.org

    Learn more at the official website: www.hsi-ny.org

    Mission Statement of Narragansett Housing Development Fund Corporation

    Narragansett Housing Development Fund Corporation is an organization committed to addressing housing issues. Specifically, its mission is to eradicate chronic homelessness, prevent displacement for individuals at risk, and enhance living conditions for marginalized populations. To accomplish these goals, the corporation develops and manages permanent supportive and affordable housing. A notable example of their work is the operation of a 104-unit low-income supportive housing project named Narragansett, located in New York, NY. Furthermore, Narragansett Housing Development Fund Corporation is in partnership with NYC Human Resources Administration's HIV/AIDS Services Administration for specific projects. The organization's efforts aim to provide a stable and secure living environment for those in need.

    Impact

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




    Thursday, August 15, 2024

    Narragansett Housing Development Fund Corporation's impact is centered around operating and developing permanent supportive and affordable housing to address various housing challenges in New York City. By owning and managing the 104-unit low-income supportive housing project known as Narragansett, the organization actively works to end chronic homelessness, prevent homelessness among those at risk of displacement, and enhance housing conditions for marginalized individuals. Additionally, through its partnership with the NYC Human Resources Administration's HIV/AIDS Services Administration, Narragansett Housing Development Fund Corporation plays a crucial role in supporting individuals with specific housing needs. Overall, the organization's efforts have a direct and positive impact on the lives of many individuals in need of stable and affordable housing solutions.





    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: $3,813
  • Program Service Revenue: $222,024
  • Gross Receipts: $2,530,320

    • Assets and Liabilities:
  • Total Assets: $9,021,662
  • Total Liabilities: $11,460,941
  • Net Assets: -$2,439,279
  • Programs

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

    RENTAL INCOME

    Revenue

    $222,024

    Organization Details

    Founding Year

    1992

    Principal Officer

    James M Dill

    Main Address

    243 WEST 30TH STREET 2ND FL, NEW YORK, NY, 10001

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Narragansett 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.