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Cabrini Gardens Senior Housing Development Fund Company Inc

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

EIN: 113623397 ✦ Hicksville, NY ✦ Designated as a 501(c)(3)

Overview

What is Cabrini Gardens Senior Housing Development Fund Company Inc?

Cabrini Gardens Senior Housing Development Fund Company Inc is a not-for-profit organization situated in Hicksville, New York. Their primary mission is to provide 66 affordable rental housing units for individuals with limited means, as there was a lack of such housing options in Brookhaven, New York. To accomplish this, the company owns and manages a Section 202 HUD-financed project, specifically designed for the elderly. Their mission is to offer affordable housing for eligible low-income families and individuals.


Is Cabrini Gardens Senior Housing Development Fund Company Inc legitimate?

Cabrini Gardens Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cabrini Gardens Senior 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: $106,692

For more financial information, click here


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

Mission Statement of Cabrini Gardens Senior Housing Development Fund Company Inc

Cabrini Gardens Senior Housing Development Fund Company Inc, as a not-for-profit entity, is dedicated to providing affordable housing solutions for eligible low-income families and individuals. Their mission is to create a housing environment that caters to persons of limited means, addressing the absence of adequate housing options in certain areas. By owning and operating a Section 202 HUD-financed project, this organization plays a vital role in making housing more accessible and affordable for those who need it most. This mission allows Cabrini Gardens Senior Housing Development Fund Company Inc to contribute positively to its community, ensuring that individuals have a safe and affordable place to call home.

Impact

This information is meant to be a general summary of Cabrini Gardens Senior 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

Cabrini Gardens Senior Housing Development Fund Company Inc's impact lies in its provision of 66 units of affordable rental housing for persons of limited means in Brookhaven, New York, addressing the critical need for adequate housing in the area. By offering this essential service on a not-for-profit basis, the organization plays a significant role in supporting eligible low-income families and individuals in accessing safe and affordable living spaces. Through its dedicated mission to provide housing that is within reach for those in need, Cabrini Gardens contributes positively to the community by promoting stability, security, and overall well-being for its residents.





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: $19,553
  • Program Service Revenue: $1,016,699
  • Gross Receipts: $1,039,122

    • Assets and Liabilities:
  • Total Assets: $9,902,639
  • Total Liabilities: $108,876
  • Net Assets: $9,793,763
  • Programs

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

    SUBSIDY REVENUE

    Revenue

    $743,719

    PROGRAM SERVICE REVENU

    Revenue

    $272,980

    Organization Details

    Founding Year

    2004

    Principal Officer

    Richard Balcom

    Main Address

    90 CHERRY LANE, HICKSVILLE, NY, 118016232

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Cabrini Gardens Senior Housing Development Fund Company 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.