St Paul's Gardens Housing Development Fund Company Inc

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

EIN: 113137273 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

Overview

What is St Paul's Gardens Housing Development Fund Company Inc?

St. Paul's Gardens Housing Development Fund Company Inc, located in Hicksville, New York, is a nonprofit organization dedicated to providing affordable housing solutions. They operate 85 units in Brentwood, a place where adequate housing is scarce for individuals of limited means. Their primary mission is to offer affordable housing for eligible low-income families and individuals, as part of their Section 202 HUD multi-family project specifically designed for the elderly. The organization owns and manages this project to ensure that elderly citizens have access to suitable living arrangements.


Is St Paul's Gardens Housing Development Fund Company Inc legitimate?

St Paul's Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Paul's Gardens Housing Development Fund Company 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: $123,737

For more financial information, click here


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

Mission Statement of St Paul's Gardens Housing Development Fund Company Inc

St. Paul's Gardens Housing Development Fund Company Inc is dedicated to providing affordable housing for eligible low-income families and individuals. This not-for-profit organization operates on a mission to alleviate the housing crisis for individuals with limited means. By owning and managing a Section 202 HUD multifamily project, St. Paul's Gardens offers 85 units of affordable rental housing, serving as a beacon of hope for those in need. The corporation's commitment to affordability and accessibility has filled a gap in Brentwood, New York, where suitable housing options were previously scarce.

Impact

This information is meant to be a general summary of St Paul's Gardens Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

St Paul's Gardens Housing Development Fund Company Inc's impact lies in providing essential affordable housing for the elderly in Brentwood, New York. With 85 units available for persons of limited means, the organization addresses a significant need in the community where adequate housing options are scarce. Through the operation of a Section 202 HUD multifamily project, St Paul's Gardens enables low-income individuals and families to access safe and affordable housing, ultimately contributing to the well-being and security of those 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: $29,489
  • Program Service Revenue: $904,515
  • Gross Receipts: $937,746

    • Assets and Liabilities:
  • Total Assets: $4,086,604
  • Total Liabilities: $157,827
  • Net Assets: $3,928,777
  • Programs

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

    SUBSIDY REVENUE

    Revenue

    $621,456

    PROGRAM SERVICE REVENU

    Revenue

    $283,059

    Organization Details

    Founding Year

    1995

    Principal Officer

    Richard Balcom

    Main Address

    90 CHERRY LANE, HICKSVILLE, NY, 118016232

    NTEE Category

    Code: L21 - Housing

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