New York Institute for Human Development Inc.
New York Institute for Human Development Inc.
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About this organization
Revenue
$4,887,845
Expenses
$5,036,534
Mission
The New York Institute for Human Development, Inc.'s ('IHD') purpose is to aid in the creation, survival and growth of community-based organizations through a broad range of technical assistance, consulting services, and financial support. IHD is affiliated with the Association of New York Catholic Homes, Inc. ('ANYCH'), which provides oversight to archdiocesan affiliated housing companies. IHD is also affiliated with the Catholic Charities of the Archdiocese of New York ('CC') and other archdiocesan entities.
About
IHD receives consulting fees from various independent companies that manage affordable multifamily and senior citizen housing projects. IHD also received construction management consulting and developer fees from housing development finance corporations engaged in the rehabilitation of existing affordable housing projects and construction of new affordable housing. The organization assures the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects owned by non-profit housing development and finance companies. IHD also manages development of new affordable housing units on vacant or underutilized parish properties, and the refinancing of existing debt obligations.
Interesting data from their 2019 990 filing
The non-profit's aim, as indicated in the filing, is “See schedule othe new york institute for human development, inc. ("ihd") assures the maintenance and development of quality affordable housing through management and oversight services to parish-sponsored housing projects owned by non-profit housing development and finance companies. ihd also manages development of new affordable housing units on vacant or underutilized parish properties, and the refinancing of existing debt obligations.”.
When referring to its functions, they were specified as: “The new york institute for human development, inc.'s ("ihd") purpose is to aid in the creation, survival and growth of community-based organizations through a broad range of technical assistance, consulting services, and financial support. ihd is affiliated with the association of new york catholic homes, inc. ("anych"), which provides oversight to archdiocesan affiliated housing companies. ihd is also affiliated with the catholic charities of the archdiocese of new york ("cc") and other archdiocesan entities.”.
- The non-profit has reported their operating state as NY, as required by law.
- As stated in the filing, the non-profit's address in 2019 was 1011 FIRST AVENUE, NEW YORK, NY, 10022.
- The non-profit's form reports a total of 3 employees as of 2019.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$148,689.
- The organization has 8 independent voting members.
- The organization was formed in 1966.
- The organization pays $412,131 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.
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