Overview
What is Habitat For Humanity Nyc Fund Inc?
Habitat for Humanity NYC Fund Inc, based in New York City, is a Community Development Financial Institution (CDFI) that offers affordable, small-scale financing to individuals and organizations often denied such resources, such as resident-owned affordable housing developments and non-profit affordable housing developers. The low-interest loans provided by the Fund can assist in capital repairs, paying off fines and liens, stabilizing finances, and potentially unlocking additional capital from other sources. The Fund also lends capital to not-for-profit affordable housing developers, including Habitat for Humanity affiliates across New York State, who may struggle to access necessary capital through traditional loan processes. With this financing, these developers can make significant changes within their communities, constructing and preserving more affordable housing across the state. The organization's mission is to promote community development and homeownership, and expand the availability of affordable housing through financing, technical assistance, educational, and development services. To date, they have closed 13 loans, lent a total of $3.4 million, and built or preserved 521 units of housing.
Official website here: www.habitatnycwc.org
Is Habitat For Humanity Nyc Fund Inc legitimate?
Habitat For Humanity Nyc Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Habitat For Humanity Nyc Fund 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: $61,671
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,414
For more financial information, click here
Official website here: www.habitatnycwc.org
What is the mission statement of Habitat For Humanity Nyc Fund Inc?
Habitat For Humanity Nyc Fund Inc's mission is centered around promoting community development and homeownership. The organization aims to expand the availability of affordable housing by providing financing and technical assistance, along with other educational and development services. Their goal is to assist those often denied such financing, such as resident-owned affordable housing developments and non-profit affordable housing developers. By offering low-interest loans, the fund helps stabilize existing affordable housing developments, pay off fines and liens, and potentially unlock additional capital from other sources. The fund also lends capital to not-for-profit affordable housing developers, enabling them to make significant changes within their communities and build or preserve more housing units. To date, they have closed 13 loans, lent a total of $3.4 million, and contributed to the creation or preservation of 521 housing units.
Official website here: www.habitatnycwc.org
Who is the CEO of Habitat For Humanity Nyc Fund Inc?
Alexander Havriliak is the Chair of Habitat For Humanity Nyc Fund Inc.
Official website here: www.habitatnycwc.org
What is the revenue of Habitat For Humanity Nyc Fund Inc?
Habitat For Humanity Nyc Fund Inc's revenue in 2022 was $613,393.
Official website here: www.habitatnycwc.org
Who are the executives of Habitat For Humanity Nyc Fund Inc and what are their salaries?
- Alexander Havriliak (Board Treasurer/Cfo)
- Karen Haycox (Board Secretary/President)
- Steven Goldgrab (Vp, Finance & Administration)
- Brain Hsu (Chair) [Trustee/Director]
- Amir Kirkwood (Board Member) [Trustee/Director]
- Christine Mcguinness (Board Member) [Trustee/Director]
- Mary Robinson (Board Member) [Trustee/Director]
- Alexa Sewell (Board Member) [Trustee/Director]
- Christie Peele (Board Member) [Trustee/Director]
- Marian Zucker (Board Member) [Trustee/Director]
- Father Stephen Mimnaugh Ofm (Board Member) [Trustee/Director]
- Mark Streb (Board Member) [Trustee/Director]
Official website here: www.habitatnycwc.org
Where can I find the form 990 for Habitat For Humanity Nyc Fund Inc?
The Habitat For Humanity Nyc Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.habitatnycwc.org
Learn more at the official website: www.habitatnycwc.org
Mission Statement of Habitat For Humanity Nyc Fund Inc
Habitat for Humanity NYC Fund Inc, as a mission-driven organization, is dedicated to promoting community development and fostering homeownership. Its primary objective is to expand the availability of affordable housing by providing financing and technical assistance, along with various educational and development services. The nonprofit aims to serve those who are often denied access to such resources, including resident-owned affordable housing developments and non-profit affordable housing developers. Through its CDFI-certified revolving loan fund, Habitat for Humanity NYC Fund Inc offers low-interest, situationally-appropriate loans, assisting existing affordable housing developments in making necessary repairs, paying off fines and liens, stabilizing overall finances, and potentially unlocking additional capital from other sources. Additionally, the fund lends capital to not-for-profit affordable housing developers across New York State, helping them to make significant changes within their communities by building and preserving more housing units. To date, Habitat for Humanity NYC Fund Inc has closed on 13 loans, lent a total of $3.4 million, and contributed to the creation or preservation of 521 housing units.
Impact
This information is meant to be a general summary of Habitat For Humanity Nyc Fund Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Wednesday, July 24, 2024
Habitat For Humanity NYC Fund Inc's impact includes providing access to affordable, small-scale financing to those who are most in need and frequently denied it, such as resident-owned affordable housing developments and nonprofit affordable housing developers. Through their CDFI-certified revolving loan fund, they have closed on a total of 13 loans, lent a total of $3.4 million, and built or preserved 521 units of housing. This support helps existing affordable housing developments make critical repairs, stabilize finances, unlock additional capital from other sources, and enables nonprofit affordable housing developers to make significant changes within their communities by building and preserving more housing across the state.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MORTGAGE DISC. AMORTIZ
Revenue
$214,261
INT. INCOME FROM LOANS
Revenue
$45,700
Organization Details
Founding Year
2017
Phone
(212) 991-4000
Principal Officer
Alexander Havriliak
Main Address
111 JOHN STREET SUITE 770, NEW YORK, NY, 11038
Website
www.habitatnycwc.org
NTEE Category
Code: L12 - Housing
If you are a representative of Habitat For Humanity Nyc Fund Inc 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.