DOWNTOWN MANHATTAN COMMUNITY DEVELOPMENT CORP
141 NORFOLK ST, NEW YORK, NY 10002

Total Revenue
$608,927
Total Expenses
$809,231
Net Assets
$-198,898

Organizations Filed Purposes: Founded in 1994 to provide affordable housing , planning and implementation, community preservation and development, urban planning, technical assistance and community advocacy for residents of Lower Manhattan

RENTAL ACTIVITIES Maintain and provide regulated apartment housing at 1 Pike St, NY, NY. Building has 16 units and 3 commercial spaces

NEIGHBORHOOD PRESERVATION Provide technical assistance to local housing non profit developers, feasibility analyses, financing , underwriting, aquisition , preservation, construction management, asset management and energy rehab of affordable housing in Lower Manhattan. Clients served and benefited were approximately 300 local residents generally earning 80 of the area median income or less, particularly of immigrant background

REAL ESTATE DEVELOPMENT Technical assistance consultant for other non profit developers for local NYC HPD affordable housing programs such as The Chinatown/Les Aquisition program for affordable rental preservation, and NYSERDA for energy retrofit upgrades to older buildings in Manhattan.Number of individual clients within those affordable housing programs is approx 300.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Sze Leong YuEXECUTIVE DIRECTOR35$237,580
Lydia TomPRESIDENT1$0
Hsueh Lam YanSECRETARY1$0
Tom Bo LamBOARD MEMBER1$0
John YuBOARD MEMBER1$0
Jacqueline HueyVICE PRESIDENT/TREASURER1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202141249349301459_public.xml