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East Chinatown Housing Development Fund Company Inc

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

EIN: 161755397 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is East Chinatown Housing Development Fund Company Inc?

East Chinatown Housing Development Fund Company Inc is a nonprofit organization established in New York City. Their primary mission is to develop and preserve affordable housing for individuals with low income. By operating on a non-profit basis, they aim to provide an essential resource within the city, contributing to the betterment of the community. The organization's activities focus on creating and maintaining affordable housing projects, ensuring that residents have access to suitable living conditions.


Is East Chinatown Housing Development Fund Company Inc legitimate?

East Chinatown Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East Chinatown 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 East Chinatown Housing Development Fund Company Inc?
Who is the CEO of East Chinatown Housing Development Fund Company Inc?
What is the revenue of East Chinatown Housing Development Fund Company Inc?
Who are the executives of East Chinatown Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for East Chinatown Housing Development Fund Company Inc?

Mission Statement of East Chinatown Housing Development Fund Company Inc

East Chinatown Housing Development Fund Company Inc, a non-profit organization, was established with a mission to develop and preserve affordable housing for individuals of low income in New York City. The company's primary objective is to create a housing project on a non-profit basis, aiming to provide affordable living spaces for those who may otherwise struggle with housing costs. By developing such a project, the organization seeks to contribute to the community by ensuring that a diverse range of people have access to suitable housing, thereby improving their overall quality of life.

Impact

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




Wednesday, July 24, 2024

East Chinatown Housing Development Fund Company Inc's impact is focused on developing and preserving affordable housing for persons of low income in New York City. They play a crucial role in addressing the housing needs of marginalized communities and ensuring that those with limited financial resources have access to safe and affordable housing options. By creating a housing project on a non-profit basis, they contribute to the overall well-being and stability of individuals and families in need. Their mission directly impacts the lives of individuals who may otherwise struggle to find suitable housing options, providing them with a foundation for a better quality of life.





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: $19,037
  • Program Service Revenue: $585,608
  • Gross Receipts: $632,284

    • Assets and Liabilities:
  • Total Assets: $3,805,171
  • Total Liabilities: $3,303,960
  • Net Assets: $501,211
  • Programs

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

    RENTAL INCOME

    Revenue

    $578,380

    BAD DEBT RECOVRY

    Revenue

    $7,228

    Organization Details

    Founding Year

    2005

    Principal Officer

    Thomas Yu

    Main Address

    141 NORFOLK ST GROUND FLOOR, NEW YORK, NY, 10002

    NTEE Category

    Code: L21 - Housing

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