Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

Cumberland Gardens Housing Development Fund Company Inc is a nonprofit organization focused on housing development, providing 104 units of subsidized, low-income housing for senior citizens in Brooklyn, New York. With an operating budget of $2 million and total revenue of $1.8 million for the 2024 filing year, the organization also offers social and recreational services, including specialized assistance and food service for 46 residents enrolled in its enriched housing program. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

PROVIDES 104 UNITS OF SUBSIDIZED, LOW INCOME HOUSING FOR SENIOR CITIZENS. LOCATED AT ATLANTIC AVENUE AND CUMBERLAND STREET IN BROOKLYN, IT OFFERS SOCIAL AND RECREATIONAL SERVICES. FORTY SIX (46) OF ITS TENANTS ARE ENRICHED HOUSING PROGRAM RESIDENTS WHO REQUIRE SPECIAL ASSISTANCE AND FOOD SERVICE.
Revenues
$1.8M
Expenses
$2M
Net Income:
-$222.2K
Assets
$8.1M
Liabilities
$11.7M
Net Assets:
-$3.6M
Operating Budget
$2M
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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E
Elizabeth R Tozer
Board Member
A
Ann Van Ness
Board Member
H
Howard Lepow
Board Member

Frequently Asked Questions

What is CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC’s budget?
In 2024, CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC reported an annual operating budget of around $2 million. More detailed financial information is available to registered users.
What causes does CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC support?
CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC supports work in Housing development.
Where does CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC operate?
CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC is headquartered in New York, NY.
What is CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC’s reliance on government grants?
CUMBERLAND GARDENS HOUSING DEVELOPMENT FUND COMPANY INC relied on government grants for more than 75% of their total revenue in 2024.