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1270 Pacific Housing Development Fund Co Corporation

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

EIN: 842764564 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is 1270 Pacific Housing Development Fund Co Corporation?

1270 Pacific Housing Development Fund Co Corporation is a nonprofit entity, located in New York City, specifically at 75 Broad Street, New York, NY 10004. Their primary mission is to offer transitional housing solutions for homeless families, referring them from the NYC Department of Homeless Services. Since its establishment, the corporation has exclusively served as a property title holder. The responsibility for maintaining, developing, and operating any property owned by the fund was initially delegated to Urban Resource Institute. The organization's main objective remains providing a temporary living space for families in need, aiming to support their transition towards stability.


Is 1270 Pacific Housing Development Fund Co Corporation legitimate?

1270 Pacific Housing Development Fund Co Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1270 Pacific Housing Development Fund Co 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 1270 Pacific Housing Development Fund Co Corporation?
Who is the CEO of 1270 Pacific Housing Development Fund Co Corporation?
What is the revenue of 1270 Pacific Housing Development Fund Co Corporation?
Who are the executives of 1270 Pacific Housing Development Fund Co Corporation and what are their salaries?
Where can I find the form 990 for 1270 Pacific Housing Development Fund Co Corporation?

Mission Statement of 1270 Pacific Housing Development Fund Co Corporation

1270 Pacific Housing Development Fund Co Corporation is dedicated to providing transitional housing solutions for homeless families. Their primary mission is centered around constructing, rehabilitating, and operating housing units, which are then handed over to families referred by the New York City Department of Homeless Services. Initially, this corporation served as a title-holding entity, with the responsibility for maintaining, developing, and operating any property under its ownership being delegated to Urban Resource Institute at its inception.

Impact

This information is meant to be a general summary of 1270 Pacific Housing Development Fund Co Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

1270 Pacific Housing Development Fund Co Corporation has made a significant impact by providing transitional housing for homeless families in New York City. The organization focuses on constructing, rehabilitating, and operating housing for homeless families referred by the NYC Department of Homeless Services. By exclusively serving as a company holding title to property, 1270 Pacific Housing Development Fund Co Corporation has effectively delegated the responsibility for maintaining, developing, and operating the properties to Urban Resource Institute, ensuring that homeless families have a safe and stable place to stay during difficult times.





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: $765,417
  • Gross Receipts: $765,417

    • Assets and Liabilities:
  • Total Assets: $8,388,423
  • Total Liabilities: $8,375,475
  • Net Assets: $12,948
  • Programs

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

    CONTRACT REVENUE

    Revenue

    $765,417

    Organization Details

    Founding Year

    2019

    Principal Officer

    Nathaniel Fields

    Main Address

    75 BROAD STREET, NEW YORK, NY, 10004

    NTEE Category

    Code: L40 - Housing

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