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Lincoln Towers Housing Development Fund Corporation

Lincoln Towers Housing Development Fund Corporation

Elmsford, NY
Tax ID13-3974371

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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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About this organization

Revenue

$1,774,843

Expenses

$2,359,251

Mission

To acquire and operate an 89-unit residential rental project, located in New Rochelle, NY, under the National Housing Act.

About

Activities related to 89 low income housing units supported by the US Department of Housing and Urban Development under the Section 8 and the Section 8 Conversion programs.

Interesting data from their 2019 990 filing

The filing outlines the non-profit's goal as “To acquire and operate an 89-unit residential rental project, located in new rochelle, ny, under the national housing act.”.

When explaining its purpose, the activities were outlined as: “To acquire and operate an 89-unit residential rental project, located in new rochelle, ny, under the national housing act.”.

  • As per legal reporting requirements, the state of operation for the non-profit is NY.
  • The non-profit's address for 2019 is listed as 5 WEST MAIN STREET, ELMSFORD, NY, 10523 in the filing.
  • As per the non-profit's form, they have 2 employees as of 2019.
  • 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 -$584,408.
  • The CEO's compensation policy within the organization is not established through a review and approval from a neutral party.
  • The organization has 8 independent voting members.
  • The organization was formed in 1998.
  • The organization is required to file Schedule B.
  • The organization is required to file Schedule O.
  • The organization pays $171,613 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.

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