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Concord Senior Citizens Housing Development Fund Co Inc

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

EIN: 112529354 ✦ Brooklyn, NY ✦ Designated as a 501(c)(3)

Overview

What is Concord Senior Citizens Housing Development Fund Co Inc?

Concord Senior Citizens Housing Development Fund Co Inc is a nonprofit organization situated in Brooklyn, New York, specifically at 375-77 Putnam Avenue, 11216. Their primary mission is to provide residential rental housing for low-income elderly individuals, utilizing the Section 8 Housing Assistance Payments Program regulated by the U.S. Department of Housing and Urban Development. This program aims to ensure that eligible seniors can afford decent, safe, and sanitary housing, thereby enhancing their quality of life. The organization employs a team of two dedicated individuals to carry out this vital mission.


Is Concord Senior Citizens Housing Development Fund Co Inc legitimate?

Concord Senior Citizens Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Concord Senior Citizens Housing Development Fund Co 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: $58,916

For more financial information, click here


What is the mission statement of Concord Senior Citizens Housing Development Fund Co Inc?
Who is the CEO of Concord Senior Citizens Housing Development Fund Co Inc?
What is the revenue of Concord Senior Citizens Housing Development Fund Co Inc?
Who are the executives of Concord Senior Citizens Housing Development Fund Co Inc and what are their salaries?
Where can I find the form 990 for Concord Senior Citizens Housing Development Fund Co Inc?

Mission Statement of Concord Senior Citizens Housing Development Fund Co Inc

Concord Senior Citizens Housing Development Fund Co Inc is dedicated to providing residential rental housing for low-income elderly individuals. This is achieved through their involvement in the Section 8 Housing Assistance Payments Program, which is regulated by the U.S. Department of Housing and Urban Development. The organization's mission is to ensure that elderly individuals with limited financial resources have access to safe and affordable housing, thereby improving their quality of life. By leveraging the Section 8 program, Concord Senior Citizens Housing Development Fund Co Inc is able to offer rental housing solutions that cater to the unique needs and circumstances of this vulnerable population. The organization's commitment to this mission is instrumental in providing a sense of security and stability to low-income elderly individuals, enabling them to live with dignity and independence.

Impact

This information is meant to be a general summary of Concord Senior Citizens Housing Development Fund Co Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Concord Senior Citizens Housing Development Fund Co Inc's impact is significant in providing residential rental housing to low-income elderly individuals through the Section 8 Housing Assistance Payments Program regulated by the U.S. Department of Housing and Urban Development. This initiative helps ensure that vulnerable elderly individuals have access to safe and affordable housing, addressing a critical need in the community. By offering this support, Concord Senior Citizens Housing Development Fund Co Inc positively impacts the lives of elderly individuals by enhancing their quality of life and providing a stable housing environment.





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: $3,740
  • Program Service Revenue: $529,838
  • Gross Receipts: $533,578

    • Assets and Liabilities:
  • Total Assets: $1,697,790
  • Total Liabilities: $1,787,351
  • Net Assets: -$89,561
  • Programs

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

    HUD SUBSIDIES

    Revenue

    $428,921

    RENTAL INCOME

    Revenue

    $100,917

    Organization Details

    Founding Year

    1983

    Principal Officer

    Joe Greene

    Main Address

    375-77 PUTNAM AVENUE, BROOKLYN, NY, 11216

    NTEE Category

    Code: L22I - Housing

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