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Metro North Gardens Housing Development Fund Corporation

Metro North Gardens Housing Development Fund Corporation

Bronx, NY 10455
Tax ID13-3189285

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Amount

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About this organization

Revenue

$971,111

Expenses

$891,520

Mission

Metro North Gardens Housing Development Fund Corporation (the 'project'), a 48 unit apartment project located in New York, New York, was formed as a C corporation in September 1983 to provide housing for low income of the National Housing Act and regulated by the U.S. Department of Housing and Urban Development ('HUD') with respect to rental charges and operating methods. The project is subject to Section 8 housing assistance payments agreements with HUD, and a significant portion of the project's rental income is received from HUD, as its only major program.

About

Low income housing

Interesting data from their 2020 990 filing

The filing sets forth the mission of the non-profit as “Metro north gardens housing development fund corporation (the "project"), a 48 unit apartment project located in new york, new york, was formed as a c corporation in september 1983 to provide housing for low income of the national housing act and regulated by the u.s. department of housing and urban development ("hud") with respect to rental charges and operating methods. the project is subject to section 8 housing assistance payments agreements with hud, and a significant portion of the project's rental income is received from hud, as its only major program.”.

When detailing its responsibilities, they were listed as: “Metro north gardens housing development fund corporation (the "project"), a 48 unit apartment project located in new york, new york, was formed as a c corporation in september 1983 to provide housing for low income of the national housing act and regulated by the u.s. department of housing and urban development ("hud") with respect to rental charges and operating methods. the project is subject to section 8 housing assistance payments agreements with hud, and a significant portion of the project's rental income is received from hud, as its only major program.”.

  • The state in which the non-profit is legally permitted to operate is NY.
  • The number of employees reported by the non-profit on their form as of 2020 is 0.
  • 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 between $500,000 and $1,000,000+.
  • Revenue is between $500,000 and $1,000,000+.
  • Revenue less expenses is $79,591.
  • The CEO compensation scheme within the organization is not based on a review and endorsement process by an independent body.
  • The organization has 4 independent voting members.
  • The organization was formed in 1983.
  • The organization is required to file Schedule O.
  • The organization pays $0 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's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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