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East One Thirty Eighth Housing Development Fund Company Inc

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

EIN: 272817926 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is East One Thirty Eighth Housing Development Fund Company Inc?

East One Thirty Eighth Housing Development Fund Company Inc is a not-for-profit housing development corporation situated in New York, specifically at 2345 BROADWAY, New York, NY 10024. Committed to serving low-income individuals, this organization focuses on developing, operating, and managing housing solutions. Their mission extends beyond construction, as they also provide essential social services to the residents of these housing units. With a team of 8 dedicated employees, East One Thirty Eighth Housing Development Fund Company Inc strives to improve the living conditions and support systems for individuals and families in financial need.


Official website here: www.wsfssh.org

Is East One Thirty Eighth Housing Development Fund Company Inc legitimate?

East One Thirty Eighth Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. East One Thirty Eighth 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: $97,374

For more financial information, click here


Official website here: www.wsfssh.org

What is the mission statement of East One Thirty Eighth Housing Development Fund Company Inc?

East One Thirty Eighth Housing Development Fund Company Inc is a not-forprofit organization with a mission to develop, operate, and manage housing for individuals of low income. Their commitment extends to providing social services to the residents living in these low-income housing units. The company's mission is centered around improving the living conditions and overall well-being of people who fall under the low-income bracket. By providing housing and associated services, they aim to contribute positively to these individuals' lives.


Official website here: www.wsfssh.org

Who is the CEO of East One Thirty Eighth Housing Development Fund Company Inc?

Paul R Freitag is the Vice President of East One Thirty Eighth Housing Development Fund Company Inc.


Official website here: www.wsfssh.org

What is the revenue of East One Thirty Eighth Housing Development Fund Company Inc?

East One Thirty Eighth Housing Development Fund Company Inc's revenue in 2022 was $683,735.


Official website here: www.wsfssh.org

Who are the executives of East One Thirty Eighth Housing Development Fund Company Inc and what are their salaries?

The average compensation at East One Thirty Eighth Housing Development Fund Company Inc during 2022 was $12,172. There are 8 employees and 1 volunteers at East One Thirty Eighth Housing Development Fund Company Inc.

Here are 6 key members and their salaries:

    Paul R Freitag (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $236,229
  • Other: $63,275

    • Nanda Win (Cfo/Treasurer)
  • Compensation: $0
  • Related: $168,428
  • Other: $54,124

    • Claire Hilger (Coo/Assist Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $189,126
  • Other: $6,613

    • Daniel J Drosin (Dir Of Property Mngment)
  • Compensation: $0
  • Related: $120,439
  • Other: $41,746

    • Jennifer Steinberg (Dir Of Real Estate Development (Outgoing))
  • Compensation: $0
  • Related: $89,272
  • Other: $13,983

    • Sheldon J Fine (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.wsfssh.org

    Where can I find the form 990 for East One Thirty Eighth Housing Development Fund Company Inc?

    The East One Thirty Eighth Housing Development Fund Company Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.wsfssh.org

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

    Mission Statement of East One Thirty Eighth Housing Development Fund Company Inc

    East One Thirty Eighth Housing Development Fund Company Inc is a not-for-profit housing development corporation committed to an important mission. This organization focuses on developing, operating, and managing housing for individuals of low income. Their mission is to provide suitable living spaces for those who may struggle financially, ensuring they have access to affordable housing. In addition to housing, East One Thirty Eighth Housing Development Fund Company Inc also offers social services to the residents living in these low income housing units. This nonprofit organization plays a significant role in supporting the well-being of its residents, offering essential assistance and resources to help them navigate their daily lives.

    Impact

    This information is meant to be a general summary of East One Thirty Eighth 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 One Thirty Eighth Housing Development Fund Company Inc's impact is significant in providing affordable housing options for individuals of low income in New York City. Through their dedicated efforts, they are able to develop, operate, and manage housing units that cater specifically to those in need. By offering social services to residents of low income housing, they contribute towards creating a supportive and stable living environment for these individuals. Their mission of promoting affordable housing and supporting low-income individuals aligns with addressing critical social issues and improving the quality of life for many 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: $582,169
  • Gross Receipts: $683,735

    • Assets and Liabilities:
  • Total Assets: $1,614,775
  • Total Liabilities: $54,913
  • Net Assets: $1,559,862
  • Programs

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

    RENTAL INCOME

    Revenue

    $582,169

    Organization Details

    Founding Year

    2010

    Principal Officer

    Paul R Freitag

    Main Address

    2345 BROADWAY, NEW YORK, NY, 10024

    NTEE Category

    Code: L21 - Housing

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