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Mhany Stella Heights Housing Development Fund Corporation

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

EIN: 842668403 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Mhany Stella Heights Housing Development Fund Corporation?

Mhany Stella Heights Housing Development Fund Corporation is a nonprofit organization located at 470 Vanderbilt Avenue, 9th Floor, Brooklyn, New York 11238. Their primary mission is to develop affordable housing projects for individuals with low income, operating on a non-profit basis. They incur expenses in maintaining these housing projects to ensure the well-being of their beneficiaries. Their work contributes to providing stable living conditions for those in need, enhancing their overall quality of life.


Is Mhany Stella Heights Housing Development Fund Corporation legitimate?

Mhany Stella Heights Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mhany Stella Heights 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: $0

For more financial information, click here


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

Mission Statement of Mhany Stella Heights Housing Development Fund Corporation

Mhany Stella Heights Housing Development Fund Corporation, as a non-profit entity, is devoted to an influential mission. This mission entails the development of a housing project, specifically catering to individuals of low income. By taking on this task, the corporation operates on a non-profit basis, aiming to provide affordable living spaces for those in need. The organization's efforts extend beyond mere housing development, as it also incurs expenses for the maintenance of the project, ensuring that the living conditions remain suitable for its residents. In essence, Mhany Stella Heights Housing Development Fund Corporation is dedicated to bettering the lives of people with limited financial resources by providing them with a stable housing environment.

Impact

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




Wednesday, July 24, 2024

The Mhany Stella Heights Housing Development Fund Corporation has made a significant impact by developing a housing project for persons of low income in Brooklyn, NY. By providing affordable housing options, the organization has addressed the critical need for safe and suitable living spaces for individuals and families facing financial constraints. Their focus on serving the low-income community reflects a commitment to social responsibility and community development. Through their efforts, Mhany Stella Heights has played a vital role in improving the lives of those in need and promoting access to secure and stable housing options.





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: $613,845
  • Gross Receipts: $617,887

    • Assets and Liabilities:
  • Total Assets: $6,986,761
  • Total Liabilities: $10,066,597
  • Net Assets: -$3,079,836
  • Programs

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

    RENTAL INCOME

    Revenue

    $613,845

    Organization Details

    Founding Year

    2019

    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 Stella Heights 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.