Overview
What is Hsc No 5 Housing Development Fu Company Inc?
Hsc No 5 Housing Development Fu Company Inc is a nonprofit organization that specializes in providing low-income housing for the elderly. They have successfully offered accommodation to 70 elderly individuals. To maintain the quality of their facilities, the company recently engaged a contractor to replace the roofs on their apartment buildings, with the costs of $140,695 being covered directly by another entity, SCHC, and granted to Hsc No 5 Housing Development Fu Company Inc. The company's mission is deeply rooted in ensuring the well-being and comfort of the elderly, providing them with a safe and secure living environment.
Is Hsc No 5 Housing Development Fu Company Inc legitimate?
Hsc No 5 Housing Development Fu Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hsc No 5 Housing Development Fu Company Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $143,235
For more financial information, click here
What is the mission statement of Hsc No 5 Housing Development Fu Company Inc?
HSC No 5 Housing Development Fund Company Inc, as a mission, focuses on providing affordable housing for the elderly. They have successfully set up 70 such apartments to cater to this demographic. In addition, the company has taken initiative to improve the living conditions of its residents by investing in necessary renovations. Specifically, they hired a contractor to replace the roofs on their apartment buildings at a cost of $140,695, which was funded directly by SCHC and granted to the company. This commitment to providing safe and comfortable living spaces for the elderly is at the core of HSC No 5 Housing Development Fund Company Inc's mission.
Who is the CEO of Hsc No 5 Housing Development Fu Company Inc?
William Davidson is the President of Hsc No 5 Housing Development Fu Company Inc.
What is the revenue of Hsc No 5 Housing Development Fu Company Inc?
Hsc No 5 Housing Development Fu Company Inc's revenue in 2023 was $756,681.
Who are the executives of Hsc No 5 Housing Development Fu Company Inc and what are their salaries?
The average compensation at Hsc No 5 Housing Development Fu Company Inc during 2023 was $71,618. There are 2 employees at Hsc No 5 Housing Development Fu Company Inc.
Here are 8 key members and their salaries:
- William Davidson (President) [Trustee/Director]
- Judy Farabaugh (Accountant)
- Lawrence Cregan (Director)
- Jeffrey Hartman (Director)
- John Zanfino (Director)
- Janice Dalessio (Director)
- Vincent Frigeria Iii (Director)
- Frank Tassone (Director)
Where can I find the form 990 for Hsc No 5 Housing Development Fu Company Inc?
The Hsc No 5 Housing Development Fu Company Inc’s most recent form 990 was submitted in 2023 and can be accessed here
Mission Statement of Hsc No 5 Housing Development Fu Company Inc
HSC No 5 Housing Development Fund Company, a nonprofit organization, is dedicated to providing low-income housing for the elderly. With a compassionate mission, the company has successfully established 70 apartments, catering to this specific demographic. Recognizing the importance of maintaining the structural integrity of these residences, HSC No 5 Hiring a contractor, the company invested in a substantial roof replacement project. The costs associated with this project totaled $140,695, which was generously covered by SCHC and granted directly to HSC No 5, demonstrating their commitment to supporting this essential service provider.
Impact
This information is meant to be a general summary of Hsc No 5 Housing Development Fu Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
HSC No 5 Housing Development Fund Company Inc's impact lies in providing low-income housing for the elderly in Greenlawn, NY. The organization has successfully offered 70 apartments to elderly individuals in need. With the support of SCHC, the company was able to hire a contractor to replace the roofs on the apartment buildings, ensuring the safety and comfort of its residents. This initiative not only enhances the quality of life for the elderly population but also contributes to creating a more stable and secure community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$326,262
GOVERNMENT ASSISTANCE
Revenue
$284,824
LAUNDRY AND MISC
Revenue
$2,522
VACANCIES
Revenue
$-1,702
Organization Details
Founding Year
2002
Phone
(631) 262-0101
Principal Officer
William Davidson
Main Address
650 PAUMANACK VILLAGE DR, GREENLAWN, NY, 11740
NTEE Category
Code: L22 - Housing
If you are a representative of Hsc No 5 Housing Development Fu Company Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.