nonprofit logo

209 South 2nd Street Housing Development Fund Corporation

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

EIN: 263995937 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is 209 South 2nd Street Housing Development Fund Corporation?

The 209 South 2nd Street Housing Development Fund Corporation is a nonprofit organization, situated in Brooklyn, New York (11211). Their primary mission is dedicated to providing housing for individuals of low income. They achieve this by owning, rehabilitating, managing, leasing, maintaining, developing, and operating a residential housing project specifically designed for this demographic. This housing project aims to offer a safe and comfortable living environment for those in need.


Official website here: www.lossures.org

Is 209 South 2nd Street Housing Development Fund Corporation legitimate?

209 South 2nd Street Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 209 South 2nd Street Housing Development Fund Corporation 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.lossures.org

What is the mission statement of 209 South 2nd Street Housing Development Fund Corporation?

The 209 South 2nd Street Housing Development Fund Corporation was established with a primary objective. This objective involves owning, rehabilitating, managing, leasing, maintaining, developing, and operating a housing project specifically designed for individuals of low income. In essence, the corporation's mission is centered around providing affordable housing for this particular demographic. The organization has successfully operated a 35-unit housing project, catering to the needs of individuals who fall under the low-income category.


Official website here: www.lossures.org

Who is the CEO of 209 South 2nd Street Housing Development Fund Corporation?

Juan Ramos is the Board Member of 209 South 2nd Street Housing Development Fund Corporation.


Official website here: www.lossures.org

What is the revenue of 209 South 2nd Street Housing Development Fund Corporation?

209 South 2nd Street Housing Development Fund Corporation's revenue in 2022 was $510,922.


Official website here: www.lossures.org

Who are the executives of 209 South 2nd Street Housing Development Fund Corporation and what are their salaries?

Here are 17 key members and their salaries:

    Juan Ramos (Executive Director)
  • Compensation: $0
  • Related: $140,848
  • Other: $15,855

    • Lenette Berrios (Finance Director)
  • Compensation: $0
  • Related: $131,594
  • Other: $15,855

    • Annette Rosado (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cassandra Acevedo (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Damaris Reyes (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Lopez (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gladys Ogando (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Israel Rosario (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maisha Morales (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Maria Ocasio (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Martin Needleman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ray Narvaez (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ricardo Molina (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wilfredo Vargas (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Pacheco (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim O'Shea (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Yowalkz Rosario (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lossures.org

    Where can I find the form 990 for 209 South 2nd Street Housing Development Fund Corporation?

    The 209 South 2nd Street Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.lossures.org

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

    Mission Statement of 209 South 2nd Street Housing Development Fund Corporation

    The 209 South 2nd Street Housing Development Fund Corporation is dedicated to serving individuals of low income by managing and operating a housing project. Established with a specific purpose, this organization is exclusively focused on owning, rehabilitating, maintaining, leasing, developing, and operating a residential housing project for individuals who fall under this income bracket. By providing this service, the corporation aims to contribute to the housing needs of those who may otherwise struggle to secure suitable living arrangements. The corporation has successfully operated a 35-unit housing project, providing a much-needed resource for this demographic.

    Impact

    This information is meant to be a general summary of 209 South 2nd Street Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    209 South 2nd Street Housing Development Fund Corporation's impact is significant in providing affordable housing options for low-income individuals in Brooklyn, NY. By operating a 35-unit residential housing project, this organization plays a crucial role in addressing the housing needs of individuals who may otherwise struggle to find affordable and safe housing options. Their mission focuses on owning, rehabilitating, managing, leasing, maintaining, developing, and operating housing projects for persons of low income, which directly contributes to improving the quality of life for those in need 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: $0
  • Program Service Revenue: $494,307
  • Gross Receipts: $510,922

    • Assets and Liabilities:
  • Total Assets: $4,753,013
  • Total Liabilities: $5,320,983
  • Net Assets: -$567,970
  • Programs

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

    RENTAL INCOME

    Revenue

    $494,307

    Organization Details

    Founding Year

    2009

    Principal Officer

    Juan Ramos

    Main Address

    434 SOUTH 5TH STREET, BROOKLYN, NY, 11211

    NTEE Category

    Code: L99 - Housing

    If you are a representative of 209 South 2nd Street Housing Development Fund Corporation 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.