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Bishop Gerald J Ryan Housing Development Fund Co Inc

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

EIN: 112842822 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

Overview

What is Bishop Gerald J Ryan Housing Development Fund Co Inc?

Bishop Gerald J Ryan 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 solutions to individuals and families with limited means. They have successfully established 75 units of rental housing in Hampton Bays, an area where adequate housing options are scarce. The organization operates under Section 202 of HUD, providing a multi-family project tailored for the elderly. Their primary objective is to ensure that low-income families and individuals can access reasonably priced housing options.


Is Bishop Gerald J Ryan Housing Development Fund Co Inc legitimate?

Bishop Gerald J Ryan Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bishop Gerald J Ryan 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: $124,714

For more financial information, click here


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

Mission Statement of Bishop Gerald J Ryan Housing Development Fund Co Inc

Bishop Gerald J Ryan Housing Development Fund Co Inc is a non-profit organization with a mission to provide affordable housing for eligible low-income families and individuals. Established on a not-for-profit basis, this organization operates a Section 202 HUD multifamily project, offering 75 units of affordable rental housing in Hampton Bays, New York. Recognizing the lack of adequate housing for individuals with limited means in this area, Bishop Gerald J Ryan Housing Development Fund Co Inc plays a crucial role in addressing this need, ensuring that these individuals have access to affordable housing options.

Impact

This information is meant to be a general summary of Bishop Gerald J Ryan 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

The Bishop Gerald J Ryan Housing Development Fund Co Inc's impact is providing 75 units of affordable rental housing for persons of limited means in Hampton Bays, New York, where no adequate housing exists for such individuals. This organization plays a crucial role in addressing the housing needs of low-income families and individuals in the community, ensuring that they have access to safe and affordable 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 2023.

  • Investment Income: $41,618
  • Program Service Revenue: $1,538,838
  • Gross Receipts: $1,590,812

    • Assets and Liabilities:
  • Total Assets: $3,152,447
  • Total Liabilities: $2,584,913
  • Net Assets: $567,534
  • Programs

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

    SUBSIDY REVENUE

    Revenue

    $1,231,766

    PROGRAM SERVICE REVENU

    Revenue

    $307,072

    Organization Details

    Founding Year

    1990

    Principal Officer

    Richard Balcom

    Main Address

    90 CHERRY LANE, HICKSVILLE, NY, 118016232

    NTEE Category

    Code: P75Z - Human services

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