Overview
What is Downtown Manhattan Community Development Corp?
Downtown Manhattan Community Development Corp, established in 1994, is a nonprofit organization situated in New York City, specifically at 141 NORFOLK ST, New York, NY 10002. Their primary mission involves offering affordable housing, urban planning, community preservation, and development for the residents of Lower Manhattan. They also provide technical assistance and advocate for community needs. Besides this, they manage a building at 1 Pike St, NY, NY, which houses 16 apartment units and 3 commercial spaces, ensuring the maintenance of regulated rental activities. The organization's workforce is relatively small, with only 1 employee.
Is Downtown Manhattan Community Development Corp legitimate?
Downtown Manhattan Community Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Downtown Manhattan Community Development Corp 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: $277,769
For more financial information, click here
What is the mission statement of Downtown Manhattan Community Development Corp?
The Downtown Manhattan Community Development Corp, established in 1994, is dedicated to providing affordable housing, planning and implementation, community preservation and development, urban planning, technical assistance, and community advocacy for its residents. Its primary goal is to enhance the living conditions of the community, focusing on affordable housing solutions and urban development. The organization also offers technical assistance and serves as an advocate for its residents, ensuring their needs and concerns are addressed. Its activities extend to maintaining and providing regulated apartment housing, providing a total of 16 units and three commercial spaces.
Who is the CEO of Downtown Manhattan Community Development Corp?
Thomas Yu is the Executive Director of Downtown Manhattan Community Development Corp.
What is the revenue of Downtown Manhattan Community Development Corp?
Downtown Manhattan Community Development Corp's revenue in 2022 was $855,851.
Who are the executives of Downtown Manhattan Community Development Corp and what are their salaries?
The average compensation at Downtown Manhattan Community Development Corp during 2022 was $277,769. There are 1 employees at Downtown Manhattan Community Development Corp.
Here are 8 key members and their salaries:
- Sze Leong Yu (Executive Director)
- Jacqueline Huey (Vice President/Treasurer) [Trustee/Director]
- John Yu (Board Member) [Trustee/Director]
- Tom Bo Lam (Board Member) [Trustee/Director]
- Hsueh Lam Yan (Secretary) [Trustee/Director]
- Lydia Tom (President) [Trustee/Director]
- Kathleen Webster (Board Member) [Trustee/Director]
- Minerva Chin (Board Member) [Trustee/Director]
Where can I find the form 990 for Downtown Manhattan Community Development Corp?
The Downtown Manhattan Community Development Corp’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Downtown Manhattan Community Development Corp
The Downtown Manhattan Community Development Corporation, established in 1994, is dedicated to serving the residents of Lower Manhattan. Its mission encompasses providing affordable housing, engaging in urban planning, implementing community preservation and development projects, offering technical assistance, and advocating for the community's interests. This nonprofit organization aims to enhance the quality of life for locals by ensuring affordable living arrangements, promoting sustainable urban growth, and providing necessary support and guidance to help the community thrive. The Downtown Manhattan Community Development Corporation's activities span across various sectors, including the provision of regulated apartment housing and commercial spaces, thereby contributing significantly to the local community's socio-economic development.
Impact
This information is meant to be a general summary of Downtown Manhattan Community Development Corp. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Downtown Manhattan Community Development Corp's impact can be seen through its provision of affordable housing, planning and implementation, community preservation and development, urban planning, technical assistance, and community advocacy for residents of Lower Manhattan. One tangible example is the organization's maintenance and provision of regulated apartment housing at 1 Pike St, NY, NY. This building contains 16 units and 3 commercial spaces, directly benefiting individuals and businesses in the area. The organization's focus on housing and community development contributes to the overall well-being and sustainability of the Lower Manhattan community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$564,392
PROGRAM
Revenue
$125,000
Organization Details
Founding Year
1994
Phone
(212) 477-2265
Principal Officer
Thomas Yu
Main Address
141 NORFOLK ST, NEW YORK, NY, 10002
NTEE Category
Code: L25Z - Housing
If you are a representative of Downtown Manhattan Community Development Corp 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.