Allen A M E Housing Corp
Allen A M E Housing Corp
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About this organization
Revenue
$1,060,360
Expenses
$1,256,140
Mission
The corporation provides affordable housing to the underserved, economically challanged individuals of the South Jamaica Community of Queens, New York. The organization also works with local development projects on an administrative level to acquire funds used to augment the housing provision.
About
The Corporation provides affordable housing to eligible applicants residing in the South Queens Neighborhood. Some Commercial spaces are rented to businesses to subsidize the below market rents charged to residence.
Interesting data from their 2020 990 filing
The filing outlines the non-profit's goal as “The organization provides affordable housing to economically challenged residence of south queens, new york. since the residential rental incomes are below market values, the organization uses the commercial space of the said buildings to generate rental income to supplement the low income housing.”.
When explaining its purpose, the activities were outlined as: “The corporation provides affordable housing to the underserved, economically challanged individuals of the south jamaica community of queens, new york. the organization also works with local development projects on an administrative level to acquire funds used to augment the housing provision.”.
- As per legal reporting requirements, the state of operation for the non-profit is NY.
- The non-profit's address for 2020 is listed as 110-31 Merrick Blvd, Jamaica, NY, 11433 in the filing.
- As per the non-profit's form, they have 5 employees as of 2020.
- Does not operate a hospital.
- Does not operate a school.
- Does not collect art.
- Does not provide credit counseling.
- Does not have foreign activities.
- Is not a donor-advised fund.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$195,780.
- The CEO compensation package within the organization is determined through a review and endorsement by a neutral party.
- The organization has 6 independent voting members.
- The organization was formed in 1992.
- The organization has a written policy that addresses conflicts of interest.
- The organization is required to file Schedule J.
- The organization is required to file Schedule O.
- The organization pays $438,072 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
- The organization provides Form 990 to its governing body.
- The organization has minutes of its meetings.
- The organization has a written whistleblower policy.
- The organization's financial statements were reviewed by an accountant.