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VH PROPERTIES INC
Jamaica, NY · EIN 113347819 · Form 990 · FY2021 · NTEE S47 · Community Improvement · Micro (<$100K)
revenue
$50K
expenses
$67K
net assets
$441K
employees
0
program ratio
100%
mission · from form 990

To hold title to that property known as 150-10 and 150-14 Hillside avenue, located in Jamaica, New York and to collect income from said property from its sole tennant, Venture House, Inc., a New York not-for-profit corporation.

profile · synthesized from sources

VH PROPERTIES INC is a New York-based nonprofit corporation that holds title to property located at 150-10 and 150-14 Hillside Avenue in Jamaica, New York. The organization's primary purpose is to collect rental income from its sole tenant, Venture House, Inc., a not-for-profit corporation. It functions exclusively as a real estate holding entity with no direct service programs.

named programs · 1 · from sources

What they call their work

Property Management and Income Collection
Holds title to real property and collects rental income from its sole tenant, Venture House, Inc., providing stable infrastructure support.
activities · 1 group

What they do

  • Nonprofit Real Estate Holding 1 activity
    • Owns and manages rental property
      Holds title to property located at 150-10 and 150-14 Hillside Avenue in Jamaica, New York, and generates rental income through a sole tenancy agreement with Venture House, Inc.
financials · form 990 · fy2021
revenue
Total revenue$50K
Contributions & grants$00%
Program service revenue$50K100%
Investment income$00%
Other revenue$0
expenses
Total expenses$67K
Program expenses100%
Admin / overhead0%
Fundraising0%
Salaries & benefits$0
Grants paid out$0
Largest expense lineFacilities
balance sheet
Total assets$889K
Cash$5K
Investments$0
Liabilities$448K
Net assets$441K
Liquid reserves0.9 mo
2 years on record · 2020–2021 · YoY revenue -50.0%
leadership · form 990 part vii · fy2021

Who runs it

board members · 5
  • GARY CURWIN — TREASURER
  • JANET PERISA — MEMBER
  • JULIET DOUGLAS — PRESIDENT AND SECRETARY
  • RAYMOND SCWHARTZ — MEMBER
  • STEPHEN KESSLER — MEMBER
relationships · 1

Who they work with

  • Venture House, Inc. Partner — Sole tenant operating at the property owned by VH PROPERTIES INC; a New York not-for-profit corporation leasing space at 150-10 and 150-14 Hillside Avenue.
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.