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Mhany 2004 Housing Development Fund Corp

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

EIN: 830385829 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Mhany 2004 Housing Development Fund Corp?

Mhany 2004 Housing Development Fund Corp is a nonprofit organization situated in Brooklyn, New York, specifically at 470 Vanderbilt Avenue, 9th Floor. Their primary objective is to provide affordable housing opportunities for individuals with limited income. They achieve this by engaging in various activities such as purchasing, leasing, developing, and rehabilitating properties. The organization operates on a non-profit basis, as evidenced by their mission to develop a housing project specifically for low-income individuals.


Is Mhany 2004 Housing Development Fund Corp legitimate?

Mhany 2004 Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhany 2004 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 2004 Housing Development Fund Corp?
Who is the CEO of Mhany 2004 Housing Development Fund Corp?
What is the revenue of Mhany 2004 Housing Development Fund Corp?
Who are the executives of Mhany 2004 Housing Development Fund Corp and what are their salaries?
Where can I find the form 990 for Mhany 2004 Housing Development Fund Corp?

Mission Statement of Mhany 2004 Housing Development Fund Corp

Mhany 2004 Housing Development Fund Corp is a non-profit organization dedicated to providing affordable housing solutions for individuals of limited income. Their mission is to develop housing projects that cater to this demographic, utilizing various methods such as purchasing, leasing, developing, and rehabilitating properties. The corporation's activities are structured to achieve this objective, engaging in necessary corporate endeavors to ensure the success of their initiatives. In essence, Mhany 2004 Housing Development Fund Corp strives to make a significant impact in the lives of those who struggle with housing affordability, enhancing their living standards and contributing to a more equitable society.

Impact

This information is meant to be a general summary of Mhany 2004 Housing Development Fund Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Mhany 2004 Housing Development Fund Corp's impact can be seen in its dedicated efforts to provide affordable housing to individuals with limited income. By buying, leasing, developing, and rehabilitating properties, this organization plays a crucial role in addressing the housing needs of low-income individuals in Brooklyn, NY. Through their mission to develop housing projects on a non-profit basis, Mhany 2004 Housing Development Fund Corp contributes significantly to increasing access to safe and affordable housing for vulnerable populations in the community. Their work directly impacts the lives of individuals by offering them a chance to secure stable and affordable housing, thereby promoting overall well-being and economic stability.





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: $0
  • Program Service Revenue: $1,654,543
  • Gross Receipts: $1,665,025

    • Assets and Liabilities:
  • Total Assets: $12,867,940
  • Total Liabilities: $15,080,098
  • Net Assets: -$2,212,158
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,654,543

    Organization Details

    Founding Year

    2004

    Principal Officer

    Ismene Speliotis

    Main Address

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

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Mhany 2004 Housing Development Fund Corp 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.