Hsc No 4 Housing Development Fund Co Inc

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

EIN: 113029451 ✦ Greenlawn, NY ✦ Designated as a 501(c)(3)

Overview

What is Hsc No 4 Housing Development Fund Co Inc?

Hsc No 4 Housing Development Fund Co Inc is a nonprofit organization dedicated to providing affordable housing for the elderly. Through the financial support of its sponsor, the organization renovated 22 apartment units at a cost of $417,397, completed in July 2017. This endeavor aims to enhance living conditions for the elderly, contributing to their overall well-being and quality of life. The organization's mission to provide low-income housing for the elderly remains a significant contribution to the community, ensuring elderly individuals have access to safe and comfortable living spaces.


Is Hsc No 4 Housing Development Fund Co Inc legitimate?

Hsc No 4 Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hsc No 4 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: $109,057

For more financial information, click here


What is the mission statement of Hsc No 4 Housing Development Fund Co Inc?
Who is the CEO of Hsc No 4 Housing Development Fund Co Inc?
What is the revenue of Hsc No 4 Housing Development Fund Co Inc?
Who are the executives of Hsc No 4 Housing Development Fund Co Inc and what are their salaries?
Where can I find the form 990 for Hsc No 4 Housing Development Fund Co Inc?

Mission Statement of Hsc No 4 Housing Development Fund Co Inc

Hsc No 4 Housing Development Fund Co Inc is a nonprofit organization dedicated to providing low-income housing for the elderly. The organization took on this mission by investing in the renovation of 22 apartment units at a total cost of $417,397. The renovation project was completed in July 2017, marking a significant step in their mission to provide suitable housing for the elderly who are in need of financial assistance. By offering these renovated units, Hsc No 4 Housing Development Fund Co Inc is contributing to the well-being of the elderly population, ensuring they have a safe and comfortable living environment. This mission aligns with the organization's commitment to enhancing the quality of life for the elderly, providing them with the necessary support to live independently and with dignity.

Impact

This information is meant to be a general summary of Hsc No 4 Housing Development Fund Co Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

HSC No 4 Housing Development Fund Co Inc's impact lies in providing low-income housing for the elderly in Greenlawn, NY. Specifically, the organization's sponsor invested in renovating 22 apartment units at a cost of $417,397, completed in July 2017. This initiative directly addresses the critical need for affordable housing for seniors, creating a tangible and positive impact on the community by ensuring housing security for this vulnerable population.





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: $115
  • Program Service Revenue: $512,261
  • Gross Receipts: $525,426

    • Assets and Liabilities:
  • Total Assets: $2,594,345
  • Total Liabilities: $4,169,666
  • Net Assets: -$1,575,321
  • Programs

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

    GOVERNMENT ASSISTANCE

    Revenue

    $259,830

    TENANT RENT

    Revenue

    $244,602

    LAUNDRY AND MISC

    Revenue

    $5,274

    PARKING

    Revenue

    $2,555

    Organization Details

    Founding Year

    1990

    Principal Officer

    Vincent Frigeria Iii

    Main Address

    650 PAUMANACK VILLAGE DRIVE, GREENLAWN, NY, 11740

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Hsc No 4 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.