AI Summary
345 Ovington Avenue Housing Development Fund Corporation is a nonprofit organization focused on the stabilization of a 23-unit residential building in Bay Ridge, Brooklyn, in partnership with the New York State Attorney General, New York Homes and Community Renewal, and the New York City Department of Housing Preservation and Development. With an operating budget of $168.1K and total revenue of $181.7K for the 2025 filing year, the organization is dedicated to helping current residents transition to becoming homeowners through affordable cooperative housing.
Mission Statement
PARTNERSHIP WITH NEW YORK STATE ATTORNEY GENERAL, NEW YORK HOMES AND COMMUNITY RENEWAL (HCR) AND THE NEW YORK CITY DEPARTMENT OF HOUSING PRESERVATION AND DEVELOPMENT (HPD), STABILIZATION OF A 23 UNITS RESIDENTIAL BUILDING IN BAY RIDGE, BROOKLYN. THE CURRENT RESIDENTS ARE ON THEIR WAY TO BECOMING HOMEOWNERS AS AN AFFORDABLE CO-OP.
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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Frequently Asked Questions
What is 345 OVINGTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION’s budget?
In 2025, 345 OVINGTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION reported an annual operating budget of around $168 thousand. More detailed financial information is available to registered users.
Where does 345 OVINGTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION operate?
345 OVINGTON AVENUE HOUSING DEVELOPMENT FUND CORPORATION is headquartered in New York, NY.