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Lucille C Clark Housing Development Fund Company Inc

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

EIN: 133947331 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Lucille C Clark Housing Development Fund Company Inc?

Lucille C Clark Housing Development Fund Company Inc, located in New York City, New York, serves as a nonprofit organization dedicated to providing senior citizens with affordable housing. Situated at 421 EAST 116TH STREET, this organization leases apartments to elderly residents, whose rents are supported by Section 8 payments from the HUD. The company's mission is to ensure the senior citizens residing in the community have access to clean, safe, and affordable housing. Their central objective is to enhance the living conditions and well-being of senior citizens in the local area.


Is Lucille C Clark Housing Development Fund Company Inc legitimate?

Lucille C Clark Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lucille C Clark Housing Development Fund Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Lucille C Clark Housing Development Fund Company Inc?
Who is the CEO of Lucille C Clark Housing Development Fund Company Inc?
What is the revenue of Lucille C Clark Housing Development Fund Company Inc?
Who are the executives of Lucille C Clark Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Lucille C Clark Housing Development Fund Company Inc?

Mission Statement of Lucille C Clark Housing Development Fund Company Inc

Lucille C Clark Housing Development Fund Company Inc is committed to providing senior citizens with clean, affordable, and safe housing within the local community. Their primary mission is to ensure that elderly individuals have a secure living space that fits their budget. To accomplish this, the organization rents out apartments to senior citizens, and the rents for these residences are subsidized through Section 8 payments from the HUD. This subsidy program enables Lucille C Clark Housing Development Fund Company Inc to offer affordable housing options to senior citizens, making it easier for them to maintain a stable living environment. This mission is essential in providing a sense of security and independence to senior citizens, allowing them to live comfortably and with dignity.

Impact

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




Thursday, August 15, 2024

Lucille C Clark Housing Development Fund Company Inc's impact is evident in its provision of clean, affordable, and safe housing for senior citizens in the local community. By renting affordable apartments to seniors and subsidizing their rents through Section 8 payments from HUD, the organization ensures that this vulnerable population has access to suitable housing options. Through their mission of providing housing, Lucille C Clark Housing Development Fund Company Inc plays a vital role in supporting the well-being and quality of life for senior citizens in New York.





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: $1,266
  • Program Service Revenue: $766,080
  • Gross Receipts: $771,321

    • Assets and Liabilities:
  • Total Assets: $2,756,754
  • Total Liabilities: $7,687,125
  • Net Assets: -$4,930,371
  • Programs

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

    RENTAL INCOME

    Revenue

    $766,080

    Organization Details

    Founding Year

    1997

    Principal Officer

    Christopher Cirillo

    Main Address

    421 EAST 116TH STREET, NEW YORK, NY, 10029

    NTEE Category

    Code: L81 - Housing

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