Your donation attempt encountered a problem. to get more GuideStar Nonprofit Profile data today! These initiatives have injected $65 million in public and private housing and infrastructure reinvestment into the community. Greater Jamaica Local Development Company, Inc. Ithaca Neighborhood Housing Services, Inc. La Fuerza Unida Community Development Corporation. Skip to main content LinkedIn Discover People Learning Jobs Join now Sign in Joan Shen Assistant Director at AAFE Community Development Fund Edison, New Jersey, United States 30 followers 30. The Aafe Community Development Fund provides targeted technical assistance and affordable second mortgage loans to enhance home-ownership opportunities for low and moderate income residents of New York City, including Asian-Americans, minorities, and immigrants. Support our mission, volunteer or sign up to get the latest news. If it is your nonprofit, add a problem overview. To date, Accin - New York, Asian Americans . A verification email has been sent to you. Vision Within Asian Americans for Equality (AAFE), Jessie C. Lee is the Managing Director of AAFE's two Community Development Financial Institution (CDFI) affiliates, Renaissance Economic Development Corporation (REDC) and AAFE Community Development Fund (CDF). Aafe Community Development Fund, Inc. Company Profile | New York, NY For more than three decades, AAFE has been a community builder, developing affordable multifamily affordable housing and opportunities for first-time homebuyers. 141 Norfolk St. Why Aren't Donated Clothes Always Given Away for Free? (Home Loans & Counseling) Taxable trusts and private foundations that are required to file a form 990PF are also included. Our team of HUD-certified housing counselors can guide you through the entire homebuying process. about GuideStar Pro. "For more than 20 years, AAFE Community Development Fund (CDF) has worked to make the dream of homeownership a reality for immigrant, low- and middle-income New Yorkers," said Thomas Yu and Jennifer Sun, co-executive directors of Asian Americans for Equality. This compensation data includes salary, cash bonuses, and expense accounts and is displayed exactly how it is reported to the IRS. Affordable Housing | Office of Work-Life at Columbia University Yu has also been responsible for AAFE's current development projects, including 500 housing units and 80,000 square feet of community/commercial space now in the pipeline. Want updates when Aafe Community Development Fund has new information, or want to find more organizations like Aafe Community Development Fund? This ratio is an indicator of an organizations solvency and/or long-term sustainability. Key Principal: Chris Cui See more contacts Industry: Management, Scientific, and Technical Consulting Services , Professional, Scientific, and Technical Services , Urban planning and consulting services Charity Navigator looks for the existence of a whistleblower policy per the Form 990 as an accountability and transparency measure. The organization offers a home ownership program that includes first-time homebuyer training, amongst other services. ", Ensuring that low- and moderate-income homeowners possess critical financial and counseling resources is key to maintaining a stable city with thriving communities," said Judi Kende, New York market leader, Enterprise Community Partners. As New York keeps moving toward being a city of renters, AAFE Community Development Fund (CDF) encourages and protects the viability of home ownership to keep New York City neighborhoods and households stable and to help our clients and their families build wealth. This is why AAFE is so pleased to be collaborating with the City of New York, Enterprise Community Partners and our other nonprofit partners in support of the HomeFix program. The Liabilities to Assets Ratio is determined by Total Liabilities divided by Total Assets (most recent 990). This charity's score is 100%, earning it a Four-Star rating. I thank the Citys Department of Housing Preservation and Development and all partners for their work on this issue.. Give the page a little longer to finish The Form 990 is a document that nonprofit organizations file with the IRS annually. In this challenging market for first-time homebuyers, it is more important than ever that existing homeowners have the ability to make critical repairs and improvements, and to keep building equity in their homes.. The raw data is more useful, especially to Amount $200,000 Controlling Entity Service Area Type: States served: Main navigation. E-file viewer adapted from IRS e-File Viewer by Ben Getson. These guidelines foster good record keeping procedures that promote data integrity. What are the organization's current programs, how do they measure success, Support our mission, volunteer or sign up to get the latest news. For more than 20 years, AAFE Community Development Fund (CDF) has worked to make the dream of homeownership a reality for immigrant, low- and middle-income New Yorkers, said Thomas Yu and Jennifer Sun, co-executive directors of Asian Americans for Equality. You're faster than our page! Eligible homeowners of one-to-four family homes in any of the five boroughs can receive up to $60,000 per home, with an additional $30,000 per additional rental unit on the property. Neighborhood Housing Services of Rochester, Inc. New Covenant Dominion Federal Credit Union, Renaissance Economic Development Corporation, Seneca Nation of Indians Economic Development Company, The Community Development Venture Capital Alliance, The IRCs Center for Economic Opportunity, Inc. (CEO), Utica Industrial Development Corporation, Inc. Utica Neighborhood Housing Services, Inc. Westminster Economic Development Initiative, Inc. Hudson Valley Agribusiness Development Corporation. Contact | Asian Americans for Equality Presented here are up to five of this organization's highest compensated employees. We recognize that not all metrics and beacons equally predict a charitys success. AAFE Community Development Fund is a Loan Fund that was established in 2000. And we meet the changing needs of the community through linguistically and culturally appropriate tenant counseling, navigation services for government entitlement programs and affordable healthcare, immigration assistance, college access and youth leadership and grassroots community engagement and advocacy. Helping homeowners, especially seniors and low-to-middle income family owners, is vital as we try to combat our city-wide housing crisis. 2 ALLEN STREET 7FL New York NY 10002-5302, New YorkNY | IRS ruling year: 2000 | EIN: 13-4103352, AFFE COMMUNITY DEVELOPMENT FUND, INC. 17 were here. Through our affiliate, Renaissance Economic Development Corporation, AAFE provides low-interest loans, training and multilingual counseling services for small business owners. We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. NTEE code, primary. Need the ability to download nonprofit data and more advanced search options? Housing rights, social services, Aafe Community Development Fund Inc - Nonprofit Explorer - ProPublica In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. Programs like HomeFix, which the City Council proudly funds, provide critical support that can be the difference between choosing to fix a home or paying for basic family needs, said New York City Council Speaker, Corey Johnson. Beyond financing, HomeFix leverages the Centers extensive network of nonprofit partners to provide support to local homeowners through technical assistance, education, and financial counseling. HomeFix is administered by the Center for NYC Neighborhoods, in partnership with Restored Homes Housing Development Fund Corporation, Asian Americans for Equality (AAFE), Neighborhood Housing Services of New York City (NHSNYC), and the Parodneck Foundation. researchers, because it can be extracted and analyzed more easily. Home repairs can be especially difficult to afford for lower income owners who are already facing the pressures of this citys competitive real estate market. Renaissance EDC, Preserving and building communities Check back later to see if this organization has a rating history! Aafe Community Development Fund Inc. cannot currently be evaluated by our Impact & Results methodology because either (A) it is eligible, but we have not yet received data; (B) we have not yet developed an algorithm to estimate its programmatic impact; (C) its programs are not direct services; or (D) it is not heavily reliant on contributions from individual donors.Note: The absence of a score does not indicate a positive or negative assessment, it only indicates that we have not yet evaluated the organization. Service. CDFI-RRP 2021 AWARD/ALLOCATION. The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. NYS CDFIs | NYS CDFI Coalition justice for a half century. During the past 35 years, AAFE has evolved into a nationally recognized affordable housing developer and an experienced social service provider. Adirondack Economic Development Corporation, Brooklyn Cooperative Federal Credit Union. This overall score is calculated entirely from a single beacon score, weighted as follows:100% Accountability & Finance. Tel: 646-294-0485 AAFE Community Development Fund is a U.S. Treasury designated Community Development Financial Institution (CDFI) dedicated to promoting, protecting and advancing homeownership for minority, immigrant, low- and moderate- income, and underserved households and communities in New York City. The At NHSNYC we believe that home repair can mean life repair when the boiler goes, or the roof leaks, or the steps are unsafe, and you cant afford to fix or replace it. This policy outlines procedures for handling employee complaints, as well as a confidential way for employees to report financial or other types of mismanagement. A GuideStar Pro report containing the following information is available for this organization: This information is only available for subscribers and in Premium reports. 2 Allen Street. By overseeing the home repairs, Restored Homes will ensure quality workmanship to further sustainable homeownership.. AAFE COMMUNITY DEVELOPMENT FUND INC NEW YORK, NY 10002-5302 | Tax-exempt since Sept. 2000 Full text of "Full Filing" for fiscal year ending Dec. 2020 Tax returns filed by nonprofit organizations. HomeFix will help to empower struggling homeowners and strengthen neighborhoods by leveraging the services provided by our community and non-profit partners to pair low cost loans with financial counseling, so New Yorkers can make repairs and stay in their homes, said HPD Commissioner Louise Carroll. Through community development, Asian Americans for Equality (AAFE) advances racial, social and economic justice for Asian Americans and other systematically disadvantaged communities, guided by our experiences as Asian Americans and our commitment to civil rights. Tel: 718-961-0888 Our homebuyer education classes and seminars will teach you how to become a homeowner. Work 212-979-8381. loading and try your donation again. One-on-One Homeownership Counseling These audits are copied from the Federal Audit Clearinghouse. In Manhattans Chinatown in 1974, AAFEs founders helped shape the fledgling Asian American civil rights movement, successfully championing the employment rights of Asian American workers. AAFE Community Development Fund - Facebook Assistant Director - AAFE Community Development Fund - LinkedIn This data release includes only a subset of what can be found in the full Form 990s. AAFE Community Development Fund, Inc. Community Loan Fund of the Capital Region Corporation for Supportive Housing Home Headquarters, Inc. PDF CDFIS IN NEW YORK - CDFI Coalition I thank the Center for NYC Neighborhoods and Enterprise, along with our partners, for their ongoing collaboration and support to help New York City homeowners in need., With each passing year, homeowners struggle more and more to manage the financial responsibility it takes to own property in New York City, saidAttorney General Letitia James. Small organizations filing a Form 990N "e-Postcard" are not included in this data. Homepage | Asian Americans for Equality (Don't see an email in your inbox? View Map, Flushing Community Services & Youth Program Contact Details AAFE Community Development Fund, Inc. Services include: first time homebuyer training, mortgage referral and origination, homeownership retention, landlord counseling, and mortgage delinquency and default resolution. AAFE Community Development Fund is a U.S. Treasury designated Community Development Financial Institution (CDFI) dedicated to promoting, protecting and advancing homeownership for minority, immigrant, low- and moderate- income, and underserved households and communities in New York City. properties citywide, Food pantries, civic participation, advocacy. HomeFix promises to bring much needed stability to families, and to help them to remain in the communities where they have invested their lives," said Christie Peale, CEO/Executive Director of the Center for NYC Neighborhoods. Senior and low-income households are able to qualify for more favorable terms, including forgivable loans. AAFE Community Development Fund | New York NY Check the details. Read the IRS policies for compensation reporting, Source: IRS Form 990 (page 7), filing year 2021, Below are some key data points from the Exempt Organization IRS Business Master File (BMF) for this organization. Sign in or create an account to view Form(s) 990 for 2021, 2020 and 2019. New York State Non-Profit Housing Counseling Agencies Homebuyer Education Classes and Seminars This Accountability & Finance score represents IRS Form 990 data up until FY 2021, which is the most recent Form 990 currently available to us. | Tax-exempt since Sept. 2000, https://projects.propublica.org/nonprofits, Back to main page for AAFE COMMUNITY DEVELOPMENT FUND INC. Additionally, the CDFI and loan program provides affordable financing to help first-time home buyers in New York City with their downpayments, alongside various other assistance programs. Over the years, we have helped hundreds of clients buy their homes and helped many others keep them in good condition. Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. AAFE Community Development Fund New York ACCION USA - New York ACCION USA, Inc. - New York Adirondack Economic Development Corporation - Saranac Lake ALCO Federal Credit Union - Wellsville Allegany Community Development - Belmont Alternatives Federal Credit Union - Ithaca Alternatives Venture Fund, Inc. - Ithaca In 2022, Homecrest Community Services, Inc honored Susan with an award for Outstanding Community Service and Leadership. AAFE Community Development Fund (Home Loans & Counseling) 2 Allen St, 7th Floor New York, NY 10002 Tel: 212-964-2288 View Map Stanton Norfolk Inc. (Property Management) Charity Navigator looks for the existence of a document retention and destruction policy per the Form 990 as an accountability and transparency measure. Home ownership program - this program provides targeted technical assistance to enhance homeownership for low and moderate income asian-americans and other minority and immigrant residents of new york city. PROVIDES TARGETED TECHNICAL ASSISTANCE AND AFFORDABLE SECOND MORTGAGE LOANS TO ENHANCE HOME-OWNERSHIP OPPORTUNITIES FOR LOW AND MODERATE INCOME RESIDENTS OF NEW YORK CITY, INCLUDING ASIAN-AMERICANS, MINORITIES AND IMMIGRANTS. (212) 964-2288 View Map, Manhattan Community Services AAFE Community Development Fund (CDF) is a U.S. Treasury designated Community Development Financial Institution (CDFI) dedicated to promoting, protecting and advancing home-ownership for minority, immigrant, low- and moderate- income, and under-served households and communities in New York City. The Program Expense Ratio is determined by Program Expenses divided by Total Expense (average of most recent three 990s). AAFE Community Development Fund | New York NY - Facebook HPD is tasked with fulfilling Mayor de Blasios Housing New York Plan which was recently expanded and accelerated through Housing New York 2.0 to complete the initial goal of 200,000 homes two years ahead of scheduleby 2022, and achieve an additional 100,000 homes over the following four years, for a total of 300,000 homes by 2026. There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. Aafe Community Development Fund, Inc. Programs & Training. 2023 All Rights Reserved, NYC is a trademark and service mark of the City of New York. Click here to resend it.). Visit www.cnycn.org for more information. Get introduced. "Enterprise is excited to support New York City in its goal to provide homeowners in need with the tools necessary to retain valuable assets.. Total Revenue and Expenses - Data Available, IRS Published Data (Business Master File) - Data Available, Data Sources (IRS Forms 990) - Data Available, How to Donate Food and Prevent Food Waste. AAFE Community Development Fund Accompany Capital Adirondack Economic Development Corporation Alternatives Federal Credit Union Ascendus, Inc. BOC Capital Corp. Brooklyn Alliance Capital, Inc. Brooklyn Cooperative Federal Credit Union Buffalo Cooperative Federal Credit Union Business Resource and Investment Service Center Inc. PDF Home Repair and Rehabilitation Programs - cnycn.org Best Items to Donate to an Animal Shelter, Donors Prefer Charities that Earn All Four Beacons. AAFE Community Development Fund at 2 Allen St 7th Floor, New York, NY 10002. Asian Americans for Equality is part of the NeighborWorks network, an affiliation of more than 240 nonprofit organizations located in every state, the District of Columbia and Puerto Rico. Community Services Housing rights, social services, immigration, youth programs Learn more Small Business Low-interest loans and services from Renaissance EDC Learn more Homeownership Homeowner Counseling & Financing Learn more Affordable Housing Development Preserving and building communities across NYC Learn more Property Management If it is your nonprofit, add geographic service areas to create a map on your profile. I am proud that my office helped provide the funding necessary for Homefix to help hardworking homeowners obtain the capital necessary to make needed home repairs, and provide stability to communities across New York. Nonprofits act in the public trust and reporting publicly on activities is an important component. Staff Careers Community Development Advisory Board. Cincinnati Development Fund Community Ventures Corp. Federation of Appalachian Housing Enterprises, Inc Ohio Capital Finance Corp. Pathway Lending - Southeast Community Capital . The New York City Department of Housing Preservation and Development (HPD) is the nations largest municipal housing preservation and development agency. Aafe Community Development Fund Inc - GuideStar Profile and who do the programs serve? The presence of an independent governing body is strongly recommended by many industry professionals to allow for full deliberation and diversity of thinking on governance and other organizational matters. About Susan Lee for City Council AAFE Community Development Fund - Posts | Facebook View Map, Renaissance Economic Development immigration, youth programs, Low-interest loans and services from Members listed in bold have paid their dues for 2023 - thank you for your support! Cause IQ is a website that helps companies grow, maintain, and serve their nonprofit clients, and helps nonprofits find additional foundation funding. For full details visit www.nyc.gov/hpd and for regular updates on HPD news and services, connect with us on Facebook, Twitter, and Instagram @NYCHousing. This policy establishes guidelines for the handling, backing up, archiving and destruction of documents. About Us - A Place For Kids data from the IRS. As a mission driven nonprofit, we are pleased to be part of this collaboration that will provide home repair loans for low-to-middle income New York City homeowners, said Salvatore DAvola, Executive Director, Restored Homes Housing Development Fund Corporation. Learn more about our criteria and methodology. Help us get you more of the nonprofit information you need, including: An email has been sent to the address you provided. Source: Data and stylesheets from the Internal Revenue AAFECDF is partnering with Queens Library to host a Green Your House seminar on Jan. 29th at 3:00PM at their Woodside Branch. Simply enter the organization's name (Aafe Community Development Fund Inc.) or EIN (134103352) in the 'Search Term' field. Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Use the tool below to select different beacons to see how the weighting shifts when only one, two, or three beacons are earned. Business Resource and Investment Service Center Inc. Center for NYC Neighborhoods / Sustainable Neighborhoods LLC. Own a home and want to save money on your energy costs? CDFI Awards for AAFE Community Development Fund FA (2007) - $385,520 In 2000, the Asian Americans for Equity, Inc. created the Community Development Fund (AAECDF). The Center for NYC Neighborhoods promotes and protects affordable homeownership in New York so that middle- and working-class families are able to build strong, thriving communities. Aafe Community Development Fund | New York, NY | Cause IQ AFFE COMMUNITY DEVELOPMENT FUND, INC. Established by public and private partners, the Center meets the diverse needs of homeowners throughout New York State by offering free, high quality housing services. 111 Norfolk St. across NYC, Operating affordable housing We leverage finance and accountability data from it to form Encompass ratings. Certification Programs Training & TA. and raw data in XML. Understand the importance of credit and how to qualify for an affordable mortgage. What kinds of nonprofits do foundations support? ABOUT US - Contact Fund Contact Fund is committed to fostering a community of private investors who share similar values. (Small Business Loans & Training) The program offers loan terms that may vary in order to ensure affordability, with ability to adjust the interest rate, length, repayment requirements, and other terms in order to achieve affordability. (Property Management) Chautauqua Opportunities for Development, Inc. Community Loan Fund of the Capital Region, Inc. Community Partnership Development Corporation, Cooperative Federal Credit Union, Syracuse, East River Development Alliance Federal Credit Union.

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