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4-12 Gouverneur Place Housing Development Fund Corporation

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

EIN: 273437725 ✦ Yonkers, NY ✦ Designated as a 501(c)(3)

Overview

What is 4-12 Gouverneur Place Housing Development Fund Corporation?

4-12 Gouverneur Place Housing Development Fund Corporation is a nonprofit organization, situated in Bronx, New York. Their primary mission is to provide affordable housing accommodations for individuals and families of low income, including those diagnosed with serious mental illness. They are currently working on a project at 4-12 Gouverneur Place, which will consist of 50 units, including studio apartments for low-income individuals with mental health issues and family apartments for low-income families. The organization's activities involve facilitating the development and acquisition of housing projects that cater to the needs of low-income individuals and families.


Official website here: www.westhab.org

Is 4-12 Gouverneur Place Housing Development Fund Corporation legitimate?

4-12 Gouverneur Place Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 4-12 Gouverneur Place 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.westhab.org

What is the mission statement of 4-12 Gouverneur Place Housing Development Fund Corporation?

The 4-12 Gouverneur Place Housing Development Fund Corporation is established with the primary objective of facilitating the development of a housing project. This project is intended for individuals and families of low income, with a focus on providing homes for those with serious mental illness and low-income families. The organization acquires, develops, and manages housing projects, with the intended property at 4-12 Gouverneur Place, Bronx, New York, slated for a housing project featuring studio apartments for low-income individuals with mental illness and family apartments for low-income families. The mission of the corporation is solely dedicated to providing affordable housing accommodations for those in need.


Official website here: www.westhab.org

Who is the CEO of 4-12 Gouverneur Place Housing Development Fund Corporation?

Richard Nightingale is the President/Ceo of 4-12 Gouverneur Place Housing Development Fund Corporation. The CEO's salary of 4-12 Gouverneur Place Housing Development Fund Corporation is $0 and their total compensation is $453,048.


Official website here: www.westhab.org

What is the revenue of 4-12 Gouverneur Place Housing Development Fund Corporation?

4-12 Gouverneur Place Housing Development Fund Corporation's revenue in 2022 was $755,809.


Official website here: www.westhab.org

Who are the executives of 4-12 Gouverneur Place Housing Development Fund Corporation and what are their salaries?

Here are 3 key members and their salaries (4-12 Gouverneur Place Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $453,048):

    Richard Nightingale (President/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $407,733
  • Other: $45,315

    • James Coughlin (Secretary/Treasurer)
  • Compensation: $0
  • Related: $278,420
  • Other: $43,454

    • Andrew Germansky (Sr. Vice President Of Re)
  • Compensation: $0
  • Related: $264,439
  • Other: $42,476


  • Official website here: www.westhab.org

    Where can I find the form 990 for 4-12 Gouverneur Place Housing Development Fund Corporation?

    The 4-12 Gouverneur Place Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.westhab.org

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

    Mission Statement of 4-12 Gouverneur Place Housing Development Fund Corporation

    The 4-12 Gouverneur Place Housing Development Fund Corporation is established with a singular purpose: to facilitate and enable the development of a 50-unit housing project that caters to both individuals with serious mental illness and low-income families. This organization is dedicated to providing affordable housing accommodations, as defined by the Private Housing Finance Law. Its mission involves acquiring, developing, and managing housing projects primarily for individuals and families falling under the low-income category. Specifically, the organization aims to construct a housing project at 4-12 Gouverneur Place, Bronx, New York, which will include studio apartments for individuals with serious mental illness and family apartments for low-income families. The ultimate goal of the 4-12 Gouverneur Place Housing Development Fund Corporation is to offer a safe and supportive living environment for those in need, thereby contributing to their overall well-being and improving their quality of life.

    Impact

    This information is meant to be a general summary of 4-12 Gouverneur Place 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

    4-12 Gouverneur Place Housing Development Fund Corporation's impact can be seen in its efforts to enable and facilitate the development of a 50-unit affordable/mental health mixed-use housing project in the Bronx. By providing financing for the acquisition and development of housing accommodations for low-income individuals and families, this organization is addressing the critical need for affordable housing in the community. Specifically, the project at 4-12 Gouverneur Place aims to provide studio apartments for low-income individuals diagnosed with serious mental illness, as well as family apartments for low-income families. Through its mission to develop and manage housing projects for those in need, this organization is making a tangible difference in providing housing opportunities for vulnerable populations in the Bronx.





    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: $29,429
  • Program Service Revenue: $0
  • Gross Receipts: $755,809

    • Assets and Liabilities:
  • Total Assets: $11,997,349
  • Total Liabilities: $8,875,874
  • Net Assets: $3,121,475
  • Organization Details

    Founding Year

    2010

    Principal Officer

    Richard Nightingale

    Main Address

    8 Bashford Street, Yonkers, NY, 10701

    NTEE Category

    Code: L24 - Housing

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