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Wartburg Housing Development Fund Corporation

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

EIN: 113051052 ✦ Scarsdale, NY ✦ Designated as a 501(c)(3)

Overview

What is Wartburg Housing Development Fund Corporation?

Wartburg Housing Development Fund Corporation, based in Scarsdale, New York, is a nonprofit organization with a mission to provide housing for the senior/elderly population aged 62 and above. Specifically, they aim to offer 87 units of independent living, subsidized by HUD. Their primary objective is to cater to the housing needs of low-income and indigent elderly individuals, contributing to their overall well-being within the community. The organization is managed by a team of three dedicated individuals.


Official website here: www.tlcn.org

Is Wartburg Housing Development Fund Corporation legitimate?

Wartburg Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wartburg Housing Development Fund Corporation 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: $217,350

For more financial information, click here


Official website here: www.tlcn.org

What is the mission statement of Wartburg Housing Development Fund Corporation?

The Wartburg Housing Development Fund Corporation is dedicated to serving the housing needs of a specific population. Their primary mission is to provide low-income housing, specifically for the elderly and senior population, ensuring they have access to suitable living spaces. This organization has developed 87 units of independent living, which are subsidized by the HUD, catering to individuals aged 62 and above. The corporation's goal is to contribute positively to the living circumstances of this demographic, providing them with a secure and comfortable environment.


Official website here: www.tlcn.org

Who is the CEO of Wartburg Housing Development Fund Corporation?

Laraine Fellegara is the Chair of Wartburg Housing Development Fund Corporation. The CEO's salary of Wartburg Housing Development Fund Corporation is $0 and their total compensation is $457,973.


Official website here: www.tlcn.org

What is the revenue of Wartburg Housing Development Fund Corporation?

Wartburg Housing Development Fund Corporation's revenue in 2022 was $1,357,614.


Official website here: www.tlcn.org

Who are the executives of Wartburg Housing Development Fund Corporation and what are their salaries?

The average compensation at Wartburg Housing Development Fund Corporation during 2022 was $72,450. There are 3 employees and 4 volunteers at Wartburg Housing Development Fund Corporation.

Here are 6 key members and their salaries (Wartburg Housing Development Fund Corporation'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 Wartburg Housing Development Fund Corporation?

    The Wartburg Housing Development Fund Corporation’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 Wartburg Housing Development Fund Corporation

    Wartburg Housing Development Fund Corporation is dedicated to providing housing for individuals with low income and those who are indigent. Their primary focus, however, lies in offering housing solutions for the senior and elderly population, specifically those aged 62 and above. The organization prides itself on providing 87 units of independent living, all subsidized by the HUD, ensuring that this vulnerable demographic can maintain their independence while having access to necessary resources. The mission of Wartburg Housing Development Fund Corporation is to create a welcoming and supportive environment that caters to the unique needs and circumstances of its senior residents, thereby improving their quality of life.

    Impact

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




    Saturday, July 20, 2024

    Wartburg Housing Development Fund Corporation's impact lies in providing essential housing support for low-income and indigent elderly individuals in the Scarsdale, NY area. By offering 87 units of independent living through HUD-subsidized housing, the organization plays a crucial role in ensuring that senior citizens aged 62 and older have access to affordable and comfortable living arrangements. Wartburg Housing Development Fund Corporation's mission of providing low-income housing to the elderly population directly addresses the pressing need for secure housing options for those in need within the community.





    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: $949
  • Program Service Revenue: $1,349,590
  • Gross Receipts: $1,357,614

    • Assets and Liabilities:
  • Total Assets: $2,308,484
  • Total Liabilities: $3,135,882
  • Net Assets: -$827,398
  • Programs

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

    TENANT ASSISTANCE PAYM

    Revenue

    $1,072,002

    RENTAL INCOME

    Revenue

    $277,588

    Organization Details

    Founding Year

    1990

    Principal Officer

    Laraine Fellegara

    Main Address

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

    NTEE Category

    Code: L80Z - Housing

    If you are a representative of Wartburg Housing Development Fund Corporation 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.