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Stable Home Fund

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

EIN: 832693661 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Stable Home Fund?

Stable Home Fund, situated in New York, is a nonprofit organization that focuses on providing financial assistance to individuals facing financial distress. Their flagship program offers zero-interest micro-loans to help cover monthly rental payments, ensuring individuals can maintain their homes. The organization's mission is to expand financial access, aiming to support underserved communities and help them thrive.


Official website here: www.stablehomefund.org

Is Stable Home Fund legitimate?

Stable Home Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Stable Home Fund 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


Official website here: www.stablehomefund.org

What is the mission statement of Stable Home Fund?

The Stable Home Fund's mission is centered around expanding financial access to aid underserved communities, enabling them to thrive. This is accomplished through their primary activity, which involves providing financial assistance. Specifically, they operate a rent relief fund, offering zero-interest micro-loans to individuals in need, helping them meet their monthly rental payments during periods of financial distress. This initiative aims to keep renters in their homes, thereby contributing to their overall well-being and community stability.


Official website here: www.stablehomefund.org

Who is the CEO of Stable Home Fund?

Annee Kim is the Director of Stable Home Fund.


Official website here: www.stablehomefund.org

What is the revenue of Stable Home Fund?

Stable Home Fund's revenue in 2022 was $6,074,136.


Official website here: www.stablehomefund.org

Who are the executives of Stable Home Fund and what are their salaries?

Here are 5 key members and their salaries:

    Samir Goel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Arielle Andrews (Director/Chairwoman)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cara Kennedy Cuomo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anthony Holland (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wemimo Abbey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.stablehomefund.org

    Where can I find the form 990 for Stable Home Fund?

    The Stable Home Fund’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.stablehomefund.org

    Learn more at the official website: www.stablehomefund.org

    Mission Statement of Stable Home Fund

    Stable Home Fund, a nonprofit organization, is committed to expanding financial access to aid underserved communities in thriving. At the heart of its mission, Stable Home Fund has introduced a flagship program - a rent relief fund. This program aims to assist individuals who are facing financial distress, enabling them to meet their monthly rental payments. The fund provides zero-interest rate micro-loans, free of charge, to those in need, thereby helping them maintain their housing stability. By doing so, Stable Home Fund plays a significant role in supporting underserved communities, enabling them to weather financial hardships and continue living in their homes.

    Impact

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




    Saturday, July 20, 2024

    Stable Home Fund's impact lies in its ability to prevent individuals and families from facing homelessness due to financial hardship. By providing zero-interest rate micro-loans, with no fees attached, to those struggling to meet their monthly rental payments, Stable Home Fund is offering a lifeline to underserved communities in New York. Through this flagship program, Stable Home Fund is not only ensuring housing stability but also promoting financial access and resilience among vulnerable populations. In essence, Stable Home Fund's work directly contributes to the well-being and thriving of 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: $1,302
  • Program Service Revenue: $0
  • Gross Receipts: $6,074,136

    • Assets and Liabilities:
  • Total Assets: $3,578,336
  • Total Liabilities: $2,664,063
  • Net Assets: $914,273
  • Organization Details

    Founding Year

    2018

    Principal Officer

    Annee Kim

    Main Address

    215 WEST 125TH STREET Suite RM413, NEW YORK, NY, 100274426

    NTEE Category

    Code: W60 - Public benefit

    If you are a representative of Stable Home Fund 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.