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Suburban Housing Development & Research Inc

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

EIN: 112578155 ✦ Bay shore, NY ✦ Designated as a 501(c)(3)

Overview

What is Suburban Housing Development & Research Inc?

Suburban Housing Development & Research Inc, based in Bay Shore, New York, is a nonprofit organization dedicated to preserving and restoring housing units, with a focus on providing permanent housing for families in need. With a team of 20 employees, their primary mission is to offer subsidized housing solutions to individuals and families who require such assistance. The organization's activities revolve around facilitating housing for those who require it, contributing to the well-being and stability of local communities.


Is Suburban Housing Development & Research Inc legitimate?

Suburban Housing Development & Research Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Suburban Housing Development & Research 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: $85,591
Professional Fundraising Fees: $0
Other Salaries and Wages: $483,228

For more financial information, click here


What is the mission statement of Suburban Housing Development & Research Inc?
Who is the CEO of Suburban Housing Development & Research Inc?
What is the revenue of Suburban Housing Development & Research Inc?
Who are the executives of Suburban Housing Development & Research Inc and what are their salaries?
Where can I find the form 990 for Suburban Housing Development & Research Inc?

Mission Statement of Suburban Housing Development & Research Inc

Suburban Housing Development & Research Inc, as a nonprofit organization, is committed to providing housing solutions for individuals and families who require subsidized housing. This mission is accomplished through a twofold approach: preserving and restoring existing housing units, and offering permanent housing options for these families in need. By undertaking these initiatives, the organization aims to make a significant contribution to the community, ensuring that everyone has access to a safe and stable living environment.

Impact

This information is meant to be a general summary of Suburban Housing Development & Research Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

Suburban Housing Development & Research Inc makes a significant impact by providing housing to individuals and families in need of subsidized housing. Through their work to preserve and restore housing units, they not only offer a place to stay but also contribute to the overall betterment of communities. By ensuring that families have access to safe and stable housing, they are helping to address issues of homelessness and housing insecurity. In doing so, they are making a tangible difference in the lives of those they serve.





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: $34
  • Program Service Revenue: $1,733,960
  • Gross Receipts: $2,539,537

    • Assets and Liabilities:
  • Total Assets: $5,897,837
  • Total Liabilities: $3,250,382
  • Net Assets: $2,647,455
  • Programs

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

    Rental Income on

    Revenue

    $1,733,960

    Subsidized Housing

    Organization Details

    Founding Year

    1981

    Principal Officer

    David Hilgendorff

    Main Address

    PO BOX 5012, Bay Shore, NY, 11706

    NTEE Category

    Code: L25Z - Housing

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