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Lutheran Housing Development Corp Of Long Island

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

EIN: 112574183 ✦ Scarsdale, NY ✦ Designated as a 501(c)(3)

Overview

What is Lutheran Housing Development Corp Of Long Island?

Lutheran Housing Development Corp of Long Island is a nonprofit organization based in Scarsdale, New York. With a team of six dedicated individuals, their primary mission is to cater to the housing needs of the elderly and disabled population, providing them with affordable independent living units. Specifically, they offer 115 units of such housing, ensuring that these vulnerable individuals can maintain their independence while living in a supportive environment. The organization's activities are centered around the provision of low-income housing, contributing positively to the community by providing a safe and comfortable living space for seniors and the elderly.


Official website here: www.tlcn.org

Is Lutheran Housing Development Corp Of Long Island legitimate?

Lutheran Housing Development Corp Of Long Island is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Development Corp Of Long Island 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: $235,136

For more financial information, click here


Official website here: www.tlcn.org

What is the mission statement of Lutheran Housing Development Corp Of Long Island?

The Lutheran Housing Development Corp of Long Island is dedicated to providing low-income housing for the senior and elderly population. Their mission is to offer 115 units of affordable independent housing for the disabled and elderly, aiming to ensure that this vulnerable group has access to suitable living spaces. By offering affordable housing, the corporation contributes to the well-being and independence of these individuals, fostering a sense of community and security.


Official website here: www.tlcn.org

Who is the CEO of Lutheran Housing Development Corp Of Long Island?

Laraine Fellegara is the Chair of Lutheran Housing Development Corp Of Long Island. The CEO's salary of Lutheran Housing Development Corp Of Long Island is $0 and their total compensation is $457,973.


Official website here: www.tlcn.org

What is the revenue of Lutheran Housing Development Corp Of Long Island?

Lutheran Housing Development Corp Of Long Island's revenue in 2022 was $1,645,799.


Official website here: www.tlcn.org

Who are the executives of Lutheran Housing Development Corp Of Long Island and what are their salaries?

The average compensation at Lutheran Housing Development Corp Of Long Island during 2022 was $39,189. There are 6 employees and 4 volunteers at Lutheran Housing Development Corp Of Long Island.

Here are 6 key members and their salaries (Lutheran Housing Development Corp Of Long Island's CEO's salary is $0 and their total compensation is $457,973):

    Laraine Fellegara (Ceo)
  • Compensation: $0
  • Related: $413,479
  • Other: $44,494

    • Kathleen Mcevoy (Director Of Finance)
  • Compensation: $0
  • Related: $138,664
  • Other: $21,123

    • Peter Mazer (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Alfred Thiagarajan (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Regan (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judith Benke (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.tlcn.org

    Where can I find the form 990 for Lutheran Housing Development Corp Of Long Island?

    The Lutheran Housing Development Corp Of Long Island’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.tlcn.org

    Learn more at the official website: www.tlcn.org

    Mission Statement of Lutheran Housing Development Corp Of Long Island

    Lutheran Housing Development Corp of Long Island is dedicated to providing low-income housing opportunities for the senior and elderly population. Their mission is crystal clear: to create a living environment that caters to the needs of disabled and elderly individuals, offering them a sense of independence and dignity. With this in mind, they have developed and managed 115 units of affordable independent housing, ensuring that these vulnerable members of society have access to safe and suitable living arrangements. By providing such housing, Lutheran Housing Development Corp of Long Island is making a significant contribution to the well-being and quality of life of the elderly population, enabling them to live with dignity and independence in their later years.

    Impact

    This information is meant to be a general summary of Lutheran Housing Development Corp Of Long Island. Please take the time to review official sources before making any decisions based upon the content provided here.




    Saturday, July 20, 2024

    Lutheran Housing Development Corp Of Long Island has a significant impact by providing 115 units of affordable independent housing for the disabled and elderly population in Scarsdale, NY. This allows seniors and the elderly to have a safe and comfortable place to live, promoting their overall well-being and quality of life. The organization's focus on low-income housing for this demographic fills a crucial need in the community and helps ensure that vulnerable individuals have access to stable housing options.





    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: $250
  • Program Service Revenue: $1,642,326
  • Gross Receipts: $1,645,799

    • Assets and Liabilities:
  • Total Assets: $2,863,860
  • Total Liabilities: $4,484,540
  • Net Assets: -$1,620,680
  • Programs

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

    APARTMENT RENTAL

    Revenue

    $1,024,200

    TENANT ASSITANT PAYMEN

    Revenue

    $618,126

    Organization Details

    Founding Year

    1979

    Principal Officer

    Laraine Fellegara

    Main Address

    700 WHITE PLAINS ROAD STE 377 377, SCARSDALE, NY, 10583

    NTEE Category

    Code: L22Z - Housing

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