ROSALE HOUSING DEVELOPMENT FUND CORPORATION

QUEENS VILLAGE, NY | Queens County
Affordable Housing

Overview

ROSALE HOUSING DEVELOPMENT FUND CORPORATION
11-3329140
22110 JAMAICA AVE FL 3RD
QUEENS VILLAGE, NY 11428
Queens County
(718) 649-7000

Mission Statement info

ROSALE HOUSING DEVELOPMENT FUND CORPORATION IS A NOT-FOR-PROFIT ORGANIZATION DEDICATED TO PROVIDE HOUSING, HOUSING FACILITIES AND SERVICES FOR ELDERLY OR DISABLED PERSONS OF LOW INCOME TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS.

Founded info
1996
Total Employees info
2
Total Volunteers info
7
CRA Category info
  • Affordable Housing
Nonprofit location info
  • Majority Minority Census Tract
Awards & Certifications info
  • This nonprofit has not received any CRA awards or certifications.
Nonprofit Classification (NTEE Code) info
L20

L - Housing, Shelter

Housing Development, Construction & Management

Organizations that build, rehabilitate, manage and/or provide rental housing for low-income individuals and families, older adults and people with disabilities; or which make purchasable housing available to low or moderate income families by offering lower priced housing and/or affordable payment plans, by arranging for interest or mortgage subsidies or by involving eventual owners in the construction process (sweat equity). Use this code for organizations that provide housing services for a wide range of individuals or for those that offer housing options for low income tenants that are not specified below.

IRS Activity Codes info
995
Uncoded
382
Housing for the aged
153
Care and housing for the aged
Standard Business Classification (NAICS Code) info
624229
Other Community Housing Services

CRA Alignment

CRA Category info
Affordable Housing
Creation, rehabilitation, operation or preservation of affordable housing.
CRA Certification info
Has not applied.
Awards & Certifications info
Community Development Financial Institution info
Community Development Financial Institution Award Recipient info
New Market Tax Credit Recipient info
HUD Counseling Agency info
Low Income Housing Tax Credit Recipient info

IRS Summary

Income
$406.3K
Revenue
$406.3K
Assets
$2.7M
Exempt Ruling Date info
1997-01
Deductibility Status info
Deductible
Tax Filing Year info
2018
Organization Type info
Corporation
Organization Tax Filing Status info
990 (all other) or 990EZ return
Foundation Tax Filing Status info
990-PF not required by IRS
Affiliation Classification info
Independent Organization
States Where Tax Return is Filed info
NY
Basis for Foundation/Public Charity Status info
Organization which receives a substantial part of its support from a governmental unit or the general public 170(b)(1)(A)(vi)
IRS Reported Activities info
Provides Credit Counseling
Conducts Gaming Activities
Engages in Lobbying Activities
Engages in Political Activities
Makes Grants to Individuals
Makes Grants to Organizations

Nonprofit Location

Physical Address info
22110 JAMAICA AVE FL 3RD
QUEENS VILLAGE, NY 11428
Queens County
FIPS Geocoded Address info
35620
MSA/CBSA info
36
State info
081
County info
1116.00
Tract info
Low
Income Level info
Core-Based Statistical Area info
New York-Newark-Jersey City, NY-NJ-PA
Combined Statistical Area info
New York-Newark, NY-NJ-CT-PA
Metropolitan Division info
New York-Jersey City-White Plains, NY-NJ
Area Type info
Metropolitan Statistical Area
Located In info
Low- or Moderate-Income Census Tract info
Opportunity Zone info
Majority Minority Census Tract info 96.58%
Designated Distressed Census Tract info
Underserved Census Tract info

Market Data

Census Tract County
1116.00 Queens County
Population
Total Population 3,739 2,589,974
Total Households 1,036 958,567
Income
Median Family Income (Census*) $35,863 $60,231
Median Family Income (2019 FFIEC) $78,000 N/A
Tract Income Percentage 49.77% N/A
Below Poverty Level 37.8% 20%
Unemployment Level 8.5% 6.2%
Housing
Total Housing Units 1,200 1,044,493
Total Owner-Occupied Units 21.1% 30.1%
Total Renter-Occupied Units 65.3% 69.9%
Total Vacant Units 13.7% 5%
* Census tract income based on 2019 Census estimated data; County income based on 2019 American Community Survey data.
View more than 200 performance context data points for this county now.

Management

7
Total Voting Members
in Governing Body
info
1
Independent Voting Members
in Governing Body
info
Tax Filing Signatory info
Dan Simonette
Chairman
(718) 649-7000
Principal Officer info
Dan Simonette
Key Policies & Documents info
Written Conflict of Interest Policy
Written Document Retention & Destruction Policy
Written Wistleblower Policy
CEO Compensation Review Process
Written Minutes of Board Meetings
Financial Statements & Reporting info
Compiled or Reviewed by an Independent Accountant
Audited by an Independent Accountant
Included in Consolidated Financial Statements
Internal Audit Committee Review
Federal Grant Audit Required
Federal Grand Audit Performed

"NA" in this section indicates that the information was not available in the nonprofit's most recent IRS tax filing.

This Nonprofit Profile was automatically created by findCRA based on data available from publicly available government and industry sources and our own research. This Nonprofit Profile is not currently maintained by, endorsed by, or affiliated with this nonprofit. Whenever possible, we utilize the most recent information available including information as made public by the Internal Revenue Service, U.S. Census Bureau, Federal Financial Institutions Examination Council, and more. The format and design of this Nonprofit Profile is ©findCRA. For more information about our Nonprofit Profiles, please visit www.learncra.com.