Overview

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Est.

1996

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION is dedicated to housing development, with a mission to own, rehabilitate, and operate a 55-unit housing project that provides permanent housing to low-income individuals. With an operating budget of $1.2 million and total revenue of $885.7K for the filing year 2024, the organization plays a vital role in addressing housing needs for underserved communities. It does not rely on a single funder for 50% or more of its revenue.

Mission Statement

ORGANIZED TO OWN, REHABILITATE, AND OPERATE A 55-UNIT HOUSING PROJECT PROVIDING PERMANENT HOUSING TO LOW-INCOME INDIVIDUALS.
Revenues
$885.7K
Expenses
$1.2M
Net Income:
-$275.4K
Assets
$4.9M
Liabilities
$6.6M
Net Assets:
-$1.7M
Operating Budget
$1.2M
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
Not in Pub 78 list
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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P
Perry Perlmutter
Board Member
D
Douglas Walerstein
Board Member
A
Arlo M Chase
Board Member

Frequently Asked Questions

What is NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION’s budget?
In 2024, NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION reported an annual operating budget of around $1.2 million. More detailed financial information is available to registered users.
What causes does NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION support?
NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION supports work in Housing development.
Where does NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION operate?
NEW LIFE HOMES HOUSING DEVELOPMENT FUND CORPORATION is headquartered in New York, NY.