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St Mark Affordable Housing Devlop Fund Corporation

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

EIN: 452158586 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is St Mark Affordable Housing Devlop Fund Corporation?

St. Mark Affordable Housing Development Fund Corporation is a nonprofit organization that focuses on providing low-income housing apartments. Their primary mission is to contribute to the housing sector, catering to individuals who may have limited financial resources. The organization's operations revolve around managing affordable housing apartments, offering a vital service in addressing housing inequality. The details provided do not specify any additional programs, resources, or initiatives the organization may offer.


Is St Mark Affordable Housing Devlop Fund Corporation legitimate?

St Mark Affordable Housing Devlop Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mark Affordable Housing Devlop 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: $248,201

For more financial information, click here


What is the mission statement of St Mark Affordable Housing Devlop Fund Corporation?
Who is the CEO of St Mark Affordable Housing Devlop Fund Corporation?
What is the revenue of St Mark Affordable Housing Devlop Fund Corporation?
Who are the executives of St Mark Affordable Housing Devlop Fund Corporation and what are their salaries?
Where can I find the form 990 for St Mark Affordable Housing Devlop Fund Corporation?

Mission Statement of St Mark Affordable Housing Devlop Fund Corporation

St. Mark Affordable Housing Development Fund Corporation is dedicated to providing low-income housing apartments. Their mission is centered around making a significant impact in the lives of individuals and families who may be financially disadvantaged, offering them a secure and affordable living space. The organization's primary objective is to operate and manage these apartments, ensuring that they remain accessible and affordable for those who need them most. By doing so, St. Mark Affordable Housing Development Fund Corporation contributes to the overall well-being and stability of the communities it serves.

Impact

This information is meant to be a general summary of St Mark Affordable Housing Devlop Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

St Mark Affordable Housing Development Fund Corporation's impact is seen in its operation of low-income housing apartments in Brooklyn, NY. By providing affordable housing options, the organization plays a critical role in addressing housing insecurity and supporting individuals and families in need. Through its mission, St Mark Affordable Housing Development Fund Corporation contributes to creating a more equitable community where people have access to safe and stable housing.





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: $15,024
  • Program Service Revenue: $1,782,292
  • Gross Receipts: $1,853,732

    • Assets and Liabilities:
  • Total Assets: $10,635,486
  • Total Liabilities: $12,688,839
  • Net Assets: -$2,053,353
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,771,372

    LEGAL , NSF ETC

    Revenue

    $10,920

    Organization Details

    Founding Year

    2011

    Principal Officer

    Beverly Jules

    Main Address

    1417 UNION ST, BROOKLYN, NY, 11213

    NTEE Category

    Code: L80 - Housing

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