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Council Towers I Housing Development Corporation C/O Met Council

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

EIN: 133741272 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Council Towers I Housing Development Corporation C/O Met Council?

Council Towers I Housing Development Corporation C/O Met Council is a nonprofit organization situated in New York City, specifically at 77 Water Street, 26th Floor. Their primary mission is to provide housing assistance to senior citizens and low-income individuals. They achieve this by offering subsidized apartment rentals, ensuring affordable housing for their target demographic. The organization, with its headquarters in New York, NY 10005, operates with a focus on supporting those in need of housing assistance.


Official website here: www.metcouncil.org

Is Council Towers I Housing Development Corporation C/O Met Council legitimate?

Council Towers I Housing Development Corporation C/O Met Council is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Towers I Housing Development Corporation C/O Met Council 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: $0

For more financial information, click here


Official website here: www.metcouncil.org

What is the mission statement of Council Towers I Housing Development Corporation C/O Met Council?

The Council Towers I Housing Development Corporation, affiliated with Met Council, has a mission to provide housing assistance. Their primary objective is to offer subsidized apartment rentals for senior citizens who fall under the low-income bracket. In essence, they strive to ensure affordable housing for this specific demographic, contributing to their overall well-being. The corporation's activities revolve around this mission, providing a vital service to support low-income senior citizens.


Official website here: www.metcouncil.org

Who is the CEO of Council Towers I Housing Development Corporation C/O Met Council?

David G Greenfield is the Principal Officer of Council Towers I Housing Development Corporation C/O Met Council. The CEO's salary of Council Towers I Housing Development Corporation C/O Met Council is $0 and their total compensation is $650,366.


Official website here: www.metcouncil.org

What is the revenue of Council Towers I Housing Development Corporation C/O Met Council?

Council Towers I Housing Development Corporation C/O Met Council's revenue in 2022 was $1,823,709.


Official website here: www.metcouncil.org

Who are the executives of Council Towers I Housing Development Corporation C/O Met Council and what are their salaries?

Here are 7 key members and their salaries (Council Towers I Housing Development Corporation C/O Met Council's CEO's salary is $0 and their total compensation is $650,366):

    David Greenfield (Ceo)
  • Compensation: $0
  • Related: $597,987
  • Other: $52,379

    • Robert Newman (Coo)
  • Compensation: $0
  • Related: $257,971
  • Other: $2,170

    • Elena Sytcheva (Director)
  • Compensation: $0
  • Related: $147,370
  • Other: $14,546

    • Matthew Locurto (Outgoing Cfo)
  • Compensation: $0
  • Related: $140,429
  • Other: $6,790

    • Jeffry Nearby (Outgoing Director)
  • Compensation: $0
  • Related: $108,762
  • Other: $1,341

    • Abraham Biderman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Stacey Scheinberg (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.metcouncil.org

    Where can I find the form 990 for Council Towers I Housing Development Corporation C/O Met Council?

    The Council Towers I Housing Development Corporation C/O Met Council’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.metcouncil.org

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

    Mission Statement of Council Towers I Housing Development Corporation C/O Met Council

    Council Towers I Housing Development Corporation C/O Met Council is a dedicated organization, committed to providing housing assistance for senior citizens and low-income individuals. Their primary mission is to offer subsidized apartment rentals, making it possible for this demographic to secure affordable living arrangements. By doing so, they contribute to the overall well-being and stability of these individuals, enabling them to focus on other essential aspects of their lives. The corporation's activities are centered around the provision of housing assistance, monetarily supporting senior citizens and low-income individuals in their quest for suitable and affordable housing.

    Impact

    This information is meant to be a general summary of Council Towers I Housing Development Corporation C/O Met Council. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Council Towers I Housing Development Corporation, a nonprofit organization based in New York, has a significant impact on low-income senior citizens by providing subsidized apartment rentals. This essential support enables senior citizens and low-income individuals to access affordable housing, contributing to their overall well-being and quality of life. Through its mission to provide housing assistance, Council Towers I plays a vital role in addressing the housing needs of vulnerable populations in the community.





    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: $16,720
  • Program Service Revenue: $1,797,046
  • Gross Receipts: $1,823,709

    • Assets and Liabilities:
  • Total Assets: $3,626,082
  • Total Liabilities: $12,788,684
  • Net Assets: -$9,162,602
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,797,046

    Organization Details

    Founding Year

    1993

    Principal Officer

    David G Greenfield

    Main Address

    77 WATER STREET 26TH FLOOR, NEW YORK, NY, 10005

    NTEE Category

    Code: E91Z - Health

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