Fair Housing Development Fund Corp

Organization Overview

Fair Housing Development Fund Corp is located in Glen Cove, NY. The organization was established in 1971. According to its NTEE Classification (L01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fair Housing Development Fund Corp is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 05/2022, Fair Housing Development Fund Corp generated $721.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $729.5k during the year ending 05/2022. While expenses have increased by 4.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE LOW AND MIDDLE INCOME HOUSING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ON A NOT-FOR-PROFIT BASIS, THE ORGANIZATION OWNS AND OPERATES A SECTION 236 HUD FINANCED MULTIFAMILY HOUSING PROJECT. THE PROJECT CONSISTS OF 54 UNITS OF AFFORDABLE RENTAL HOUSING FOR PERSONS OF LIMITED MEANS IN GLEN COVE, NEW YORK.


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Board, Officers & Key Employees

Name (title)Compensation
Bruce Mccurty
President
$0
Rev Alfred Evans
Board Member
$0

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$716,681
Investment income $225
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
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 $721,335

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