St John's 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: 112698458 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

Overview

What is St John's Senior Citizen Housing Development Fund Co Inc?

St. John's Senior Citizen Housing Development Fund Co Inc is a nonprofit organization situated in Hicksville, New York, specifically at 90 Cherry Lane. Their primary mission is to provide affordable housing for individuals with limited means, recognizing a lack of such accommodations in the Freeport area. The organization operates under Section 202 of the U.S. Department of Housing and Urban Development (HUD), managing a multifamily project specifically designed for the elderly. Their initiative aims to provide high-quality, reasonably priced housing for eligible low-income families and individuals, contributing positively to the community.


Is St John's Senior Citizen Housing Development Fund Co Inc legitimate?

St John's Senior Citizen Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St John's 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: $174,934

For more financial information, click here


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

Mission Statement of St John's Senior Citizen Housing Development Fund Co Inc

St. John's Senior Citizen Housing Development Fund Co Inc, as a not-for-profit organization, is committed to providing affordable housing for eligible low-income families and individuals. Their mission is centered around creating a living space that caters to persons of limited means, addressing a housing shortage in some areas. By owning and operating a Section 202 HUD multifamily project, St. John's Senior Citizen Housing Development Fund Co Inc ensures that affordable housing becomes a reality for those who require it, thereby contributing to their well-being.

Impact

This information is meant to be a general summary of St John's 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 John's Senior Citizen Housing Development Fund Co Inc provides a critical service by owning and operating a Section 202 HUD multifamily project for the elderly in Freeport, New York. The organization offers 97 units of affordable rental housing for persons of limited means in an area where adequate housing options are limited. This initiative directly addresses the pressing need for affordable housing for low-income families and individuals, helping to improve their quality of life and overall well-being. The impact of St John's Senior Citizen Housing Development Fund Co Inc extends beyond just providing shelter, as it contributes to creating a supportive community for seniors in need.





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: $135,103
  • Program Service Revenue: $2,139,218
  • Gross Receipts: $2,284,094

    • Assets and Liabilities:
  • Total Assets: $5,331,731
  • Total Liabilities: $2,651,548
  • Net Assets: $2,680,183
  • Programs

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

    HOUSING ASSIST. PAYMEN

    Revenue

    $1,777,538

    PROGRAM SERVICE REVENU

    Revenue

    $361,680

    Organization Details

    Founding Year

    1984

    Principal Officer

    Richard Balcom

    Main Address

    90 CHERRY LANE, HICKSVILLE, NY, 118016232

    NTEE Category

    Code: L22 - Housing

    If you are a representative of St John's Senior Citizen Housing Development Fund Co Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.