Cg Pitt Street Housing Development Fund Corporation
New York’s largest provider of street outreach and supportive housing for the chronically homeless COMMON GROUND PITT STREET HOUSING DEVELOPMENT FUND CORPORATION'S PRIMARY EXEMPT PURPOSE IS TO ACQUIRE AND/OR DEVELOP PROPERTY FOR THE BENEFIT OF BREAKING GROUND HOUSING DEVELOPMENT FUND AND ITS AFFILIATED TAX-EXEMPT ORGANIZATIONS.
CG Pitt Street Housing Development Fund Corporation
Overview
The CG Pitt Street Housing Development Fund Corporation is a nonprofit organization based in New York, registered with the Employer Identification Number (EIN) 16-1777395. It was granted tax-exempt status in October 2015.
Mission
The primary mission of the CG Pitt Street Housing Development Fund Corporation is to acquire and/or develop properties for the benefit of Breaking Ground, an organization focused on providing supportive housing services. Breaking Ground is known for its efforts in addressing homelessness by offering comprehensive housing solutions and supportive services to its residents.
Operations
As a public charity, the CG Pitt Street Housing Development Fund Corporation does not provide grants. Its primary focus is on property development aimed at supporting Breaking Ground's initiatives. This strategic partnership helps in expanding the availability of supportive housing options, which is crucial for addressing homelessness and providing stable living conditions for vulnerable populations.
Legal Status
The organization operates as a tax-exempt entity under Section 501(c)(3) of the U.S. Internal Revenue Code. This status enables it to receive tax-deductible donations and engage in activities that support its mission without incurring income tax on its exempt income.
Financial Information
Financial details, including annual reports and Form 990 submissions, are available through public databases. However, it was noted that in 2023, the organization did not provide any grants. This highlights its focus on direct property development rather than grant-making activities.
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Homepage | Breaking Ground
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🌟SAVE THE DATE🌟 On Thursday, October 30th, join us to celebrate Breaking Ground's 35 years of service to New York City and honor Priscilla Almodovar, President and Chief Executive Officer of Fannie Mae. You can join us to raise critical funds to support our continuum of outreach and housing programs that help New Yorkers in need come off the streets and into housing. Learn more by at https://breakingground.
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🌟SAVE THE DATE🌟 On Thursday, October 30th, join us to celebrate Breaking Ground's 35 years of service to New York City and honor Priscilla Almodovar, President and Chief Executive Officer of Fannie Mae. You can join us to raise critical funds to support our continuum of outreach and housing programs that help New Yorkers in need come off the streets and into housing. Learn more at https://breakingground.
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