nonprofit logo

Benning Park Neighborhood Corporation

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

EIN: 521929523 ✦ Washington, DC ✦ Designated as a 501(c)(3)

Overview

What is Benning Park Neighborhood Corporation?

Benning Park Neighborhood Corporation is a nonprofit organization situated in Washington, D.C., specifically at 5113 Fitch Street SE T3. Their primary mission revolves around providing affordable housing for low and moderate-income families, adhering to Section 8 of the National Housing Act. They operate a 281-unit apartment complex within the city, with 276 units specifically designated for families falling under the very low and low-income brackets.


Is Benning Park Neighborhood Corporation legitimate?

Benning Park Neighborhood Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Benning Park Neighborhood 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: $505,597

For more financial information, click here


What is the mission statement of Benning Park Neighborhood Corporation?
Who is the CEO of Benning Park Neighborhood Corporation?
What is the revenue of Benning Park Neighborhood Corporation?
Who are the executives of Benning Park Neighborhood Corporation and what are their salaries?
Where can I find the form 990 for Benning Park Neighborhood Corporation?

Mission Statement of Benning Park Neighborhood Corporation

Benning Park Neighborhood Corporation, a dedicated organization, is committed to providing affordable housing solutions for families with modest incomes. Operating under Section 8 of the National Housing Act, this nonprofit entity strives to make housing accessible to those who fall within the low and moderate income brackets. By doing so, Benning Park Neighborhood Corporation contributes significantly to ensuring that a diverse range of families can secure a stable living environment without being overburdened financially. Their mission is rooted in the belief that every individual deserves a decent place to call home, regardless of their income level. The organization's efforts in this regard contribute positively to the overall community and help promote social equality and stability.

Impact

This information is meant to be a general summary of Benning Park Neighborhood Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Benning Park Neighborhood Corporation's impact can be seen through its provision of affordable housing to low and moderate-income families in Washington, DC. The organization operates a 281-unit apartment complex, with 276 units specifically designated for very low and low-income families. By offering these affordable housing options under Section 8 of the National Housing Act, the corporation plays a crucial role in addressing the housing needs of vulnerable populations in the city.





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 2021.

  • Investment Income: $1,314
  • Program Service Revenue: $1,373,940
  • Gross Receipts: $3,147,066

    • Assets and Liabilities:
  • Total Assets: $4,940,309
  • Total Liabilities: $538,602
  • Net Assets: $4,401,707
  • Programs

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

    LAUNDRY & VENDING

    Revenue

    $13,200

    OTHER INCOME

    Revenue

    $14,696

    RENTAL INCOME

    Revenue

    $1,346,044

    Organization Details

    Founding Year

    1995

    Principal Officer

    Ella Luke

    Main Address

    5113 FITCH STREET SE T3, WASHINGTON, DC, 20019

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Benning Park Neighborhood 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.