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Peninsula Housing Development Inc Xvi Royal Palm Apartments

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 020588063 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Peninsula Housing Development Inc Xvi Royal Palm Apartments?

Peninsula Housing Development Inc Xvi Royal Palm Apartments is a nonprofit organization established under Florida's laws, situated at 1223 SW 4th Street, Miami, Florida. Their primary mission is to provide affordable housing facilities for the elderly population. They accomplish this through the development, ownership, and operation of a HUD 202 project, which is specifically designed to cater to the elderly's housing needs. The organization aims to make a difference in the lives of senior citizens by offering them a comfortable and affordable living space.


Is Peninsula Housing Development Inc Xvi Royal Palm Apartments legitimate?

Peninsula Housing Development Inc Xvi Royal Palm Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Housing Development Inc Xvi Royal Palm Apartments 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: $84,460

For more financial information, click here


What is the mission statement of Peninsula Housing Development Inc Xvi Royal Palm Apartments?
Who is the CEO of Peninsula Housing Development Inc Xvi Royal Palm Apartments?
What is the revenue of Peninsula Housing Development Inc Xvi Royal Palm Apartments?
Who are the executives of Peninsula Housing Development Inc Xvi Royal Palm Apartments and what are their salaries?
Where can I find the form 990 for Peninsula Housing Development Inc Xvi Royal Palm Apartments?

Mission Statement of Peninsula Housing Development Inc Xvi Royal Palm Apartments

Peninsula Housing Development Inc Xvi Royal Palm Apartments, a nonprofit organization based in Florida, is dedicated to fulfilling its mission of providing affordable housing facilities for the elderly population. Established under the state's laws and statutes, this organization specializes in the development, ownership, and operation of HUD 202 projects. By doing so, it offers a sanctuary for elderly individuals, ensuring they have access to affordable housing facilities that cater to their unique needs. The mission of Peninsula Housing Development Inc Xvi Royal Palm Apartments is not just about providing a roof over their heads but also about creating an environment that supports the elderly, allowing them to live with dignity and comfort.

Impact

This information is meant to be a general summary of Peninsula Housing Development Inc Xvi Royal Palm Apartments. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Peninsula Housing Development Inc Xvi Royal Palm Apartments has a significant impact by providing affordable housing facilities to elderly persons in Miami, Florida. This organization plays a crucial role in addressing the housing needs of the elderly population, ensuring they have access to safe and secure housing options. By offering affordable housing, Peninsula Housing Development Inc Xvi Royal Palm Apartments contributes to enhancing the quality of life for elderly individuals who may face financial constraints in accessing suitable housing. This impact is essential in promoting the well-being and stability of the elderly community in Miami.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $107
  • Program Service Revenue: $632,811
  • Gross Receipts: $633,040

    • Assets and Liabilities:
  • Total Assets: $6,016,671
  • Total Liabilities: $8,853,581
  • Net Assets: -$2,836,910
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    RENTAL INCOME

    Revenue

    $626,421

    LAUNDRY REVENUE

    Revenue

    $6,390

    Organization Details

    Founding Year

    2001

    Principal Officer

    Guarione Diaz

    Main Address

    1223 SW 4TH STREET 2ND FLOOR 202, MIAMI, FL, 331352407

    NTEE Category

    Code: L21 - Housing

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