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E Reyes Apartments Housing Development Fund Corporation

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

EIN: 264762092 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is E Reyes Apartments Housing Development Fund Corporation?

E Reyes Apartments Housing Development Fund Corporation is a nonprofit organization situated in Brooklyn, New York, specifically at 434 South 5th Street. Their primary mission is dedicated to providing and maintaining affordable housing opportunities for individuals of low income. This mission encompasses tasks such as acquiring, rehabilitating, managing, leasing, maintaining, developing, and operating housing projects. The corporation currently manages 47 apartments and 4 commercial spaces, catering to this specific demographic.


Official website here: www.lossures.org

Is E Reyes Apartments Housing Development Fund Corporation legitimate?

E Reyes Apartments Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. E Reyes Apartments 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 E Reyes Apartments Housing Development Fund Corporation?

The E Reyes Apartments Housing Development Fund Corporation is established with a specific purpose. It is organized primarily to acquire, renovate, manage, lease, maintain, develop, and operate housing projects for individuals with low income. The organization's mission is geared towards providing affordable housing, catering to a demographic in need. The corporation operates a total of 47 apartments and 4 commercial spaces, all aimed at providing comfortable living spaces for those who qualify for low-income housing.


Official website here: www.lossures.org

Who is the CEO of E Reyes Apartments Housing Development Fund Corporation?

Juan Ramos is the Board Member of E Reyes Apartments Housing Development Fund Corporation.


Official website here: www.lossures.org

What is the revenue of E Reyes Apartments Housing Development Fund Corporation?

E Reyes Apartments Housing Development Fund Corporation's revenue in 2022 was $742,388.


Official website here: www.lossures.org

Who are the executives of E Reyes Apartments 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 E Reyes Apartments Housing Development Fund Corporation?

    The E Reyes Apartments 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 E Reyes Apartments Housing Development Fund Corporation

    E Reyes Apartments Housing Development Fund Corporation is an organization that is specifically established with the mission to own, rehabilitate, manage, lease, maintain, develop, and operate housing projects for individuals of low income. This nonprofit is dedicated to providing affordable living solutions for those who may not have the means to secure such accommodations on their own. By overseeing the operation of 47 apartments and 4 commercial spaces, E Reyes Apartments Housing Development Fund Corporation plays a vital role in making housing accessible and affordable for those who need it most. Through its efforts, this nonprofit is making a significant impact in the lives of individuals and families who may otherwise struggle to secure suitable housing.

    Impact

    This information is meant to be a general summary of E Reyes Apartments Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    E Reyes Apartments Housing Development Fund Corporation's impact is substantial in providing affordable housing solutions for low-income individuals in Brooklyn, NY. By owning, rehabilitating, managing, leasing, maintaining, developing, and operating housing projects tailored to persons of low income, this organization plays a crucial role in addressing the pressing issue of affordable housing in the community. With 47 apartments and 4 commercial spaces dedicated to this cause, E Reyes Apartments Housing Development Fund Corporation directly contributes to improving the quality of life for individuals and families in need of accessible housing options.





    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: $3,280
  • Program Service Revenue: $685,765
  • Gross Receipts: $742,388

    • Assets and Liabilities:
  • Total Assets: $2,361,742
  • Total Liabilities: $3,145,802
  • Net Assets: -$784,060
  • Programs

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

    RENTAL INCOME

    Revenue

    $685,765

    Organization Details

    Founding Year

    2009

    Principal Officer

    Juan Ramos

    Main Address

    434 SOUTH 5TH STREET, BROOKLYN, NY, 11211

    NTEE Category

    Code: L21 - Housing

    If you are a representative of E Reyes Apartments 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.