Overview
What is Stanton Norfolk Inc?
Stanton Norfolk Inc, based in New York City, is a nonprofit organization dedicated to promoting, preserving, managing, and maintaining affordable housing. They provide assistance to tenants in obtaining and maintaining government and private housing aid, acting as a liaison between tenants and building owners, and devising solutions to help tenants overcome financial or other challenges to avoid eviction. The organization currently oversees over 900 affordable housing units in Lower Manhattan and Queens. Additionally, Stanton manages housing developments for Asian Americans for Equality, Inc. (AAFE), overseeing over 500 affordable housing units in Lower Manhattan. Beyond housing, Stanton also offers support for small businesses that benefit the community and coordinates related tenant services. With a team of 78 employees, Stanton Norfolk Inc. strives to enhance the living conditions and opportunities for individuals and families in need of affordable housing.
Is Stanton Norfolk Inc legitimate?
Stanton Norfolk Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stanton Norfolk 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: $177,261
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,326,785
For more financial information, click here
What is the mission statement of Stanton Norfolk Inc?
Stanton Norfolk Inc, as an organization, is committed to promoting, preserving, managing, and maintaining affordable housing. Their mission extends beyond this, as they also provide assistance and space for small businesses that positively impact the community. Furthermore, they coordinate related tenant services to ensure the smooth operation of the affordable housing units they oversee. Currently, Stanton manages over 900 affordable housing units in various locations. Their role includes acting as a liaison between tenants and building owners, offering tenant assistance, property administration, rental management, repairs, and staff supervision.
Who is the CEO of Stanton Norfolk Inc?
Thomas Yu is the Senior Director Asset & Pr of Stanton Norfolk Inc.
What is the revenue of Stanton Norfolk Inc?
Stanton Norfolk Inc's revenue in 2022 was $4,641,919.
Who are the executives of Stanton Norfolk Inc and what are their salaries?
The average compensation at Stanton Norfolk Inc during 2022 was $32,103. There are 78 employees at Stanton Norfolk Inc.
Here are 6 key members and their salaries:
- Thomas Yu (Co-Executive Director)
- Jennifer Sun (Co-Executive Director (Outgoing))
- Nelson Chan (Treasurer) [Trustee/Director]
- Hsueh Lam Yan (Senior Director Asset & Pr)
- Joy Suzanne Granado (Chief Accounting Officer)
- My T Chang (Chief Of Staff)
Where can I find the form 990 for Stanton Norfolk Inc?
The Stanton Norfolk Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Stanton Norfolk Inc
Stanton Norfolk Inc, a nonprofit organization, is committed to promoting, preserving, managing, and maintaining affordable housing. Their mission extends beyond just providing housing; they also offer assistance and space for small businesses that contribute positively to the community. Furthermore, Stanton Norfolk Inc coordinates related tenant services, ensuring the smooth operation of over 900 affordable housing units located in Lower Manhattan and Queens. By overseeing these housing developments and offering necessary support, the organization helps individuals and families in need of affordable housing, contributing to a more inclusive and equitable community.
Impact
This information is meant to be a general summary of Stanton Norfolk Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Stanton Norfolk Inc's impact is centered around promoting, preserving, managing, and maintaining affordable housing in Lower Manhattan and Queens. By overseeing over 900 affordable housing units and providing assistance to tenants to obtain and maintain qualification for government and private housing assistance programs, Stanton plays a crucial role in ensuring that individuals and families have access to stable and affordable housing options. Additionally, by acting as a liaison between tenants and building owners, crafting solutions to prevent evictions, and coordinating related tenant services, Stanton contributes to creating a more inclusive and supportive community for those in need of affordable housing solutions.
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.
PROPERTY MGMT FEES
Revenue
$2,757,618
COMMERCIAL RENT
Revenue
$841,403
RESTORATION AND REPAIR
Revenue
$309,146
LOANS INTEREST INCOME
Revenue
$63,750
Organization Details
Founding Year
2008
Phone
(212) 477-2265
Principal Officer
Thomas Yu
Main Address
141 NORFOLK ST GROUND FLOOR, NEW YORK, NY, 10002
NTEE Category
Code: L21 - Housing
If you are a representative of Stanton Norfolk Inc 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.