St Mary's Manor For Senior Citizen Housing Development Fund Co Inc

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

EIN: 112565791 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

Overview

What is St Mary's Manor For Senior Citizen Housing Development Fund Co Inc?

St. Mary's Manor for Senior Citizen Housing Development Fund Co Inc is a not-for-profit organization situated in Hicksville, New York. Their primary mission is to offer affordable housing solutions for individuals and families with limited means, particularly in Inwood, New York, where suitable housing options are scarce. The organization operates and manages a Section 202 HUD multifamily project specifically designed for the elderly, upholding their commitment to providing affordable living spaces. With a team of four dedicated employees, St. Mary's Manor aims to enhance the quality of life for eligible low-income seniors by offering them a secure and affordable housing environment.


Is St Mary's Manor For Senior Citizen Housing Development Fund Co Inc legitimate?

St Mary's Manor For Senior Citizen Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mary's Manor For Senior Citizen 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: $316,980

For more financial information, click here


What is the mission statement of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc?
Who is the CEO of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc?
What is the revenue of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc?
Who are the executives of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc and what are their salaries?
Where can I find the form 990 for St Mary's Manor For Senior Citizen Housing Development Fund Co Inc?

Mission Statement of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc

St. Mary's Manor for Senior Citizen Housing Development Fund Co. Inc is a dedicated nonprofit organization with a mission to provide affordable housing for eligible low-income families and individuals. Operating on a not-for-profit basis, this organization offers 150 units of affordable rental housing in Inwood, New York, a place where such housing options are scarce for those of limited means. The organization's primary goal is to cater to the housing needs of this specific demographic, ensuring they have access to suitable living spaces. By doing so, St. Mary's Manor for Senior Citizen Housing Development Fund Co. Inc contributes significantly to the community by providing a vital service, enabling individuals to maintain a decent standard of living.

Impact

This information is meant to be a general summary of St Mary's Manor For Senior Citizen Housing Development Fund Co Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

St Mary's Manor For Senior Citizen Housing Development Fund Co Inc's impact is significant in providing 150 units of affordable rental housing for persons of limited means in Inwood, New York, where adequate housing may not otherwise be available. This organization plays a crucial role in meeting the housing needs of low-income families and individuals by offering a safe and affordable living option in the community. Through its operations, St Mary's Manor contributes to improving the quality of life for senior citizens and individuals in need of housing support.





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 2023.

  • Investment Income: $309,179
  • Program Service Revenue: $3,626,953
  • Gross Receipts: $3,984,907

    • Assets and Liabilities:
  • Total Assets: $11,728,761
  • Total Liabilities: $936,580
  • Net Assets: $10,792,181
  • Programs

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

    SUBSIDY REVENUE

    Revenue

    $2,953,154

    PROGRAM SERVICE REVENU

    Revenue

    $398,091

    Organization Details

    Founding Year

    1983

    Principal Officer

    Richard Balcom

    Main Address

    90 CHERRY LANE, HICKSVILLE, NY, 118016232

    NTEE Category

    Code: L22 - Housing

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