Overview

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Est.

1982

Fiscal Year Start

Jul 1

Organization Type

Grantseeker

AI Summary

FIT Student Housing Corporation is a nonprofit organization dedicated to providing management services and operating dormitory facilities for students of the Fashion Institute of Technology (FIT). With an operating budget of $37.3 million and total revenue of $44.9 million for the 2024 filing year, the organization plays a crucial role in supporting student services. Notably, it does not rely on a single funder for 50% or more of its revenue. For more information, visit www.fitnyc.edu.

Mission Statement

TO PROVIDE MANAGEMENT SERVICES AND OPERATION OF DORMITORY FACILITIES FOR STUDENTS OF FIT.
Revenues
$44.9M
Expenses
$37.3M
Net Income:
+$7.6M
Assets
$174.5M
Liabilities
$131.9M
Net Assets:
+$42.5M
Operating Budget
$37.3M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
1
Median grant size
$250K
Largest grant received
$250K
J
Judith I Byrd
Board Member
J
Joan B Hornig
Board Member
B
Beverly S Mack
Board Member

Frequently Asked Questions

What is FIT STUDENT HOUSING CORPORATION’s budget?
In 2024, FIT STUDENT HOUSING CORPORATION reported an annual operating budget of around $37.3 million. More detailed financial information is available to registered users.
What causes does FIT STUDENT HOUSING CORPORATION support?
FIT STUDENT HOUSING CORPORATION supports work in Student services.
Where does FIT STUDENT HOUSING CORPORATION operate?
FIT STUDENT HOUSING CORPORATION is headquartered in New York, NY.
Who funded FIT STUDENT HOUSING CORPORATION recently?
In 2014, FIT STUDENT HOUSING CORPORATION received grants from FASHION INSTITUTE OF TECHNOLOGY FOUNDATION. More information on this organization’s funders is available to registered users.
What is the largest grant FIT STUDENT HOUSING CORPORATION received in 2014?
The largest grant to FIT STUDENT HOUSING CORPORATION in 2014 exceeds $250 thousand.