Crown Heights Residence for Adults Housing Development Fund Corp
Crown Heights Residence for Adults Housing Development Fund Corp
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About this organization
Revenue
$691,437
Expenses
$824,809
Mission
Crown Heights Residence for Adults Housing Development Fund Corporation (the 'corporation') provides single room dwelling units for homeless, low income and needy individuals. Through its residence for adults housing complex which consists of fifty-three (53) single room occupancy units, homeless and low-income individuals are provided with well-maintained and affordable dwellings.
About
The corporation has 53 single room occupancy (SRO) units and participates in the SRO program as authorized by Section 441 of the McKinney-Vento Homeless Assistance Act. Assistance provided under the SRO program is designed to bring more standard SRO units into the local housing supply and to use those units to assist homeless persons. Under the program, the corporation rehabilitated in 1994, then continuously maintains its 53-unit complex and makes these units available for homeless and needy individuals. The tenants are eligible to receive Section 8 rental assistance payments. Eligibility is determined by the NYC Department of Homeless Services; and rental assistance payments are made on behalf of homeless individuals who rent the rehabilitated dwellings.
Interesting data from their 2020 990 filing
From their filing, the objective of the non-profit is stated as “The corporation was organized exclusively for the charitable purpose of owning, constructing, rehabilitating, and leasing, managing, equipping, maintaining, developing and operating housing corporations for persons of low income and needy.”.
When talking about its functions, they were outlined as: “Crown heights residence for adults housing development fund corporation (the "corporation") provides single room dwelling units for homeless, low income and needy individuals. through its residence for adults housing complex which consists of fifty-three (53) single room occupancy units, homeless and low-income individuals are provided with well-maintained and affordable dwellings.”.
- The legally reported state of operation for the non-profit is NY.
- According to the filing, the non-profit's address in 2020 is 230 KINGSTON AVENUE, BROOKLYN, NY, 11213.
- The non-profit organization as of 2020 has a total of 11 employees reported on their form.
- 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 -$133,372.
- The organization has 3 independent voting members.
- The organization was formed in 1990.
- The organization pays $383,029 in salary, compensation, and benefits to its employees.
- The organization pays $0 in fundraising expenses.