Lenox And Pennamon Housing Development Fund Corporation

Organization Overview

Lenox And Pennamon Housing Development Fund Corporation is located in Queens Village, NY. The organization was established in 2012. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Lenox And Pennamon Housing Development Fund Corporation employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lenox And Pennamon Housing Development Fund Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Lenox And Pennamon Housing Development Fund Corporation generated $682.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.2%) each year. All expenses for the organization totaled $886.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

WITH COMMUNITY RESIDENTS LEADING THE WAY, THE MISSION OF LENOX AND PENNAMON HDFC IS TO BUILD A STRONG, SUSTAINABLE CENTRAL HARLEM COMMUNITY, WHERE YOUTH AND ADULTS ACHIEVE EDUCATIONAL AND ECONOMIC SUCCESS, SECURE AFFORDABLE HOUSING, AND DEVELOP LEADERSHIP SKILLS TO TRANSFOM THEIR LIVES AND COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDE AFFORDABLE HOUSING TO INDIVIDUALS AND FAMILIES OF LOW INCOME.


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Board, Officers & Key Employees

Name (title)Compensation
Jerome White
Board Chair
$0
Bill Fried
Secretary
$0
Darlene Moore
Treasurer
$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$682,039
Investment income $0
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 $682,039

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