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Mhany 2011 Housing Development Fund Corp

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

EIN: 454459387 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Mhany 2011 Housing Development Fund Corp?

Mhany 2011 Housing Development Fund Corp is a nonprofit organization established with a mission to develop affordable housing projects for individuals of low income. Located in Brooklyn, New York, specifically at 470 Vanderbilt Avenue, 9th Floor, they incur expenses to maintain these housing projects. Their primary activity involves creating housing projects on a non-profit basis, aiming to provide shelter for those who may not have access to affordable housing otherwise.


Is Mhany 2011 Housing Development Fund Corp legitimate?

Mhany 2011 Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhany 2011 Housing Development Fund Corp 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


What is the mission statement of Mhany 2011 Housing Development Fund Corp?
Who is the CEO of Mhany 2011 Housing Development Fund Corp?
What is the revenue of Mhany 2011 Housing Development Fund Corp?
Who are the executives of Mhany 2011 Housing Development Fund Corp and what are their salaries?
Where can I find the form 990 for Mhany 2011 Housing Development Fund Corp?

Mission Statement of Mhany 2011 Housing Development Fund Corp

Mhany 2011 Housing Development Fund Corp is a non-profit organization with a mission to create housing opportunities for individuals of low income. In line with this mission, the corporation develops housing projects on a non-profit basis, aiming to provide affordable living spaces for those who require it most. The organization's efforts are geared towards addressing the housing needs of this demographic, ensuring that they have access to safe and comfortable living environments. The corporation incurs expenses for the maintenance of these housing projects, ensuring that the living conditions remain satisfactory for the residents.

Impact

This information is meant to be a general summary of Mhany 2011 Housing Development Fund Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Mhany 2011 Housing Development Fund Corp has made a significant impact by providing affordable housing solutions for low-income individuals and families in Brooklyn, NY. Through their housing developments, they have addressed the critical need for safe and stable housing for those who may otherwise struggle to find suitable accommodations. By focusing on this mission, Mhany 2011 Housing Development Fund Corp has helped improve the quality of life for many individuals in need and contributed to building a more inclusive and supportive community. Their efforts have undoubtedly had a positive impact on the lives of those they serve, creating opportunities for a better future for those facing housing insecurity.





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: $13,955
  • Program Service Revenue: $596,603
  • Gross Receipts: $670,676

    • Assets and Liabilities:
  • Total Assets: $6,093,503
  • Total Liabilities: $7,250,766
  • Net Assets: -$1,157,263
  • Programs

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

    RENTAL INCOME

    Revenue

    $596,603

    Organization Details

    Founding Year

    2012

    Principal Officer

    Ismene Speliotis

    Main Address

    470 VANDERBILT AVE 9TH FLOOR, BROOKLYN, NY, 11238

    NTEE Category

    Code: L21 - Housing

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