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Boston Tremont Housing Development Fund Corporation

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

EIN: 474953714 ✦ New york, NY ✦ Designated as a 501(c)(4)

Overview

What is Boston Tremont Housing Development Fund Corporation?

Boston Tremont Housing Development Fund Corporation is a New York-based nonprofit organization dedicated to providing affordable housing options for low and moderate-income families in New York City. With a team of 41 employees, the organization owns and manages a housing project called Lambert Houses, located in the Bronx. The project consists of 518 dwelling units and is their primary mission. In essence, Boston Tremont Housing Development Fund Corporation strives to improve the lives of New York City families by ensuring they have access to affordable housing.


Is Boston Tremont Housing Development Fund Corporation legitimate?

Boston Tremont Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(4) entity. Boston Tremont 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 not tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,388,187

For more financial information, click here


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

Mission Statement of Boston Tremont Housing Development Fund Corporation

Boston Tremont Housing Development Fund Corporation, a notable nonprofit organization, is dedicated to providing affordable housing solutions for low and moderate-income families in New York City. Through its mission, the organization strives to make a significant impact on the lives of countless families.

At the heart of Boston Tremont Housing Development Fund Corporation's work is the provision of affordable housing. This mission is accomplished through the ownership and operation of housing projects, one of which is known as Lambert Houses. Situated in the Bronx borough of New York City, Lambert Houses is a substantial housing project consisting of 518 dwelling units, offering a home to numerous families in need.

Boston Tremont Housing Development Fund Corporation's commitment to its mission extends beyond just providing housing. The organization's efforts go a long way in ensuring that families have a stable living environment, providing them with the opportunity to focus on other aspects of their lives. By offering affordable housing, Boston Tremont Housing Development Fund Corporation plays a crucial role in improving the overall well-being and quality of life for the families it serves.

Impact

This information is meant to be a general summary of Boston Tremont 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

Boston Tremont Housing Development Fund Corporation's impact lies in its provision of affordable housing to low and moderate-income families in New York City. By owning and operating Lambert Houses in the Bronx, the organization offers 518 dwelling units to serve this population. Through this work, Boston Tremont Housing Development Fund Corporation directly addresses the pressing need for accessible housing in the city, contributing positively to the community by providing a stable and secure living environment for those in need.





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: $47,013
  • Program Service Revenue: $14,910,919
  • Gross Receipts: $15,029,377

    • Assets and Liabilities:
  • Total Assets: $19,612,383
  • Total Liabilities: $8,214,216
  • Net Assets: $11,398,167
  • Programs

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

    RENTAL INCOME

    Revenue

    $14,790,435

    TENANT INCOME

    Revenue

    $120,484

    Organization Details

    Founding Year

    2015

    Principal Officer

    Adam Weinstein

    Main Address

    902 BROADWAY 13TH FLOOR, NEW YORK, NY, 100106033

    NTEE Category

    Code: L21 - Housing

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