54th Street Corporation

Interesting data from their 2019 990 filing

The mission of the non-profit, as stated in the filing, is “54th street corporation, inc., (hud project no. 000_hd058) was formed to own and operate an 8-unit apartment complex located in washington, d.c. the project was financed and constructed under section 811 of the national housing act, as amended, and is administered and regulated by the u.s. department of housing and urban development (hud). under this program the project provides housing to low income handicapped individuals, subject to regulation by hud as to rental charges and operating methods. lower rental charges to tenants are recovered by the corporation through a project rental assistance contract (prac) provided by hud.”.

When referring to its tasks, they were described as: “To provide affordable housing to the handicapped in washington, dc”.

• The non-profit is operating legally in the state of DC.
• The form submitted by the non-profit organization for 2019 reports 0 employees.
• 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 less than $100,000.
• Revenue is less than $100,000.
• Revenue less expenses is -$4,806.
• The CEO's salary plan within the organization is not subject to review and approval from a neutral entity.
• The organization has a written policy that describes how long it will retain documents.
• The organization has 5 independent voting members.
• The organization was formed in 2005.
• The organization has a written policy that addresses conflicts of interest.
• The organization is required to file Schedule O.
• The organization pays $3,804 in salary, compensation, and benefits to its employees.
• The organization pays $0 in fundraising expenses.
• The organization has minutes of its meetings.
• The organization has a written whistleblower policy.