Frederick Douglass Housing Development Fund Corporation

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

EIN: 311604067 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Frederick Douglass Housing Development Fund Corporation?

The Frederick Douglass Housing Development Fund Corporation is a nonprofit organization situated in Rochester, New York, specifically at 615 Clarissa Street. Their primary mission is to provide affordable housing for elderly individuals with low income. They accomplish this by managing a 50-unit housing complex, serving as a vital resource for this community segment. With a small workforce of five dedicated individuals, the organization operates on a non-profit basis, ensuring that senior living remains accessible and affordable.


Is Frederick Douglass Housing Development Fund Corporation legitimate?

Frederick Douglass Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frederick Douglass 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: $109,737
Professional Fundraising Fees: $0
Other Salaries and Wages: $65,694

For more financial information, click here


What is the mission statement of Frederick Douglass Housing Development Fund Corporation?
Who is the CEO of Frederick Douglass Housing Development Fund Corporation?
What is the revenue of Frederick Douglass Housing Development Fund Corporation?
Who are the executives of Frederick Douglass Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Frederick Douglass Housing Development Fund Corporation?

Mission Statement of Frederick Douglass Housing Development Fund Corporation

The Frederick Douglass Housing Development Fund Corporation is a non-profit organization with a mission to provide affordable housing for elderly individuals of low income. Its primary objective is to operate housing and related services for this specific demographic, operating on a non-profit basis. The corporation's exclusive purpose is to cater to the housing needs of these seniors, ensuring they have a place to call home without the financial burden often associated with housing. This mission is instrumental in improving the living standards and quality of life for this vulnerable population, enabling them to age with dignity and security.

Impact

This information is meant to be a general summary of Frederick Douglass 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

Frederick Douglass Housing Development Fund Corporation's impact is centered on providing affordable housing for low-income elderly individuals in Rochester, New York. Through its operation of a 50-unit housing complex at 615 Clarissa Street, the organization offers a vital service to seniors facing financial challenges. By focusing on this demographic and providing essential housing services, Frederick Douglass HDFC contributes to the well-being and quality of life of low-income seniors 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: $-9,728
  • Program Service Revenue: $531,758
  • Gross Receipts: $531,996

    • Assets and Liabilities:
  • Total Assets: $1,774,352
  • Total Liabilities: $3,670,241
  • Net Assets: -$1,895,889
  • Programs

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

    HUD Tenant Assistance

    Revenue

    $349,679

    Tenant Rental Charges

    Revenue

    $168,799

    Cable Income

    Revenue

    $11,540

    Laundry And Vending

    Revenue

    $1,740

    Organization Details

    Founding Year

    1998

    Principal Officer

    Rev Errol Hunt

    Main Address

    615 Clarissa Street, Rochester, NY, 14608

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Frederick Douglass 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.