24 Furman Avenue Housing Development Fund Corporation

Organization Overview

24 Furman Avenue Housing Development Fund Corporation is located in Queens Village, NY. The organization was established in 2002. According to its NTEE Classification (L20) the organization is classified as: Housing Development, Construction & Management, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, 24 Furman Avenue Housing Development Fund Corporation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 24 Furman Avenue Housing Development Fund Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, 24 Furman Avenue Housing Development Fund Corporation generated $30.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.9%) each year.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE CORPORATION PROVIDES LOW INCOME HOUSING AND IS EXEMPT FROMTAXATION UNDER 501(C)(3) OF THE IRC

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CORPORATION PROVIDES LOW INCOME HOUSING AND IS EXEMPT FROMTAXATION UNDER 501(C)(3) OF THE IRC


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $29,988
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $30,761

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