Overview
What is Forest Hills Mha Housing Development Fund Corporation?
Forest Hills Mha Housing Development Fund Corporation is a nonprofit organization established in September 2017, under the New York Not-for-Profit Corporation Law and the Private Housing Finance Law of the State of New York. Its primary mission is to provide affordable housing for low-income individuals and families in Forest Hills, New York. This mission is fulfilled by owning, rehabilitating, and managing four buildings, housing a total of 430 units, which were transferred from the New York City Housing Authority with the consent of the U.S. Department of Housing and Urban Development (HUD) on January 1, 2018. The corporation manages and maintains the community facilities of these properties, ensuring that they continue to serve their intended purpose. The organization currently employs a staff of 12 individuals.
Is Forest Hills Mha Housing Development Fund Corporation legitimate?
Forest Hills Mha Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Forest Hills Mha 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 tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $469,837
For more financial information, click here
What is the mission statement of Forest Hills Mha Housing Development Fund Corporation?
Forest Hills Mha Housing Development Fund Corporation is committed to providing housing for individuals and families of low income. This is achieved through the management of four properties located in Forest Hills, New York: 62-27 108th Street, 110-01 62nd Drive, 108-53 62nd Drive, and 108-25 62nd Drive. The corporation also manages the community facility spaces associated with these properties. Established in 2017, Forest Hills Mha Housing Development Fund Corporation took over the ownership, rehabilitation, and operation of these buildings, which originally belonged to the New York City Housing Authority with the consent of the U.S. Department of Housing and Urban Development (HUD). The corporation's primary goal is to ensure affordable housing options for those in need.
Who is the CEO of Forest Hills Mha Housing Development Fund Corporation?
Alfred Arroyo is the President of Forest Hills Mha Housing Development Fund Corporation.
What is the revenue of Forest Hills Mha Housing Development Fund Corporation?
Forest Hills Mha Housing Development Fund Corporation's revenue in 2022 was $3,328,132.
Who are the executives of Forest Hills Mha Housing Development Fund Corporation and what are their salaries?
The average compensation at Forest Hills Mha Housing Development Fund Corporation during 2022 was $39,153. There are 12 employees and 9 volunteers at Forest Hills Mha Housing Development Fund Corporation.
Here are 9 key members and their salaries:
- Alfred Arroyo (President) [Trustee/Director]
- Joanna Mendelsohn (Vice President) [Trustee/Director]
- Suzanne Heit (Treasurer) [Trustee/Director]
- Judith Mitchell (Assistant Treasurer) [Trustee/Director]
- Delora Castro (Secretary) [Trustee/Director]
- Alicia Pereira (Assistant Secretary) [Trustee/Director]
- Janelle Burgess (Board Member) [Trustee/Director]
- Marilyn Ozuna (Board Member) [Trustee/Director]
- Lola Turner (Board Member) [Trustee/Director]
Where can I find the form 990 for Forest Hills Mha Housing Development Fund Corporation?
The Forest Hills Mha Housing Development Fund Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Mission Statement of Forest Hills Mha Housing Development Fund Corporation
Forest Hills MHA Housing Development Fund Corporation, established in 2017, is a non-profit organization with a mission to provide housing for individuals and families of low income. This mission is carried out through the management and ownership of four properties located in Forest Hills, New York: 62-27 108th Street, 110-01 62nd Drive, 108-53 62nd Drive, and 108-25 62nd Drive. The organization not only provides housing but also manages the community facilities associated with these properties. Forest Hills MHA Housing Development Fund Corporation was incorporated under Section 402 of the New York Not-for-Profit Corporation Law and Article XI of the Private Housing Finance Law of the State of New York. In January 2018, the ownership of these buildings was transferred from the New York City Housing Authority with the consent of the U.S. Department of Housing and Urban Development (HUD).
Impact
This information is meant to be a general summary of Forest Hills Mha Housing Development Fund Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Forest Hills MHA Housing Development Fund Corporation's impact is clear: it provides essential housing for individuals and families of low income in Forest Hills, New York. By owning and managing properties that offer affordable housing options, Forest Hills MHA HDFC plays a vital role in combating homelessness and housing insecurity in the community. Their mission-driven approach ensures that those in need have a safe and stable place to call home, fostering a sense of security and belonging for vulnerable populations. This organization's dedication to providing affordable housing makes a significant difference in the lives of many individuals and families, offering them a chance for a better future.
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.
RENTAL INCOME
Revenue
$2,935,346
Organization Details
Founding Year
2017
Phone
(646) 963-5900
Principal Officer
Alfred Arroyo
Main Address
108-53 62ND DRIVE 12B, FOREST HILLS, NY, 11375
NTEE Category
Code: L20 - Housing
If you are a representative of Forest Hills Mha Housing Development Fund 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.