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Peninsula Housing Development Xvii D/B/A La Palma Apartments

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

EIN: 113672728 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Peninsula Housing Development Xvii D/B/A La Palma Apartments?

Peninsula Housing Development XVII, also known as La Palma Apartments, is a nonprofit organization established under the laws of Florida. Their primary mission is to provide affordable housing facilities for the elderly population. This mission is achieved through the development, ownership, and operation of a HUD 202 project. Based in Miami, Florida, they offer suitable living accommodations for the elderly, ensuring they have access to comfortable and affordable housing. The organization's commitment to this demographic reflects its dedication to enhancing the quality of life for the elderly community.


Is Peninsula Housing Development Xvii D/B/A La Palma Apartments legitimate?

Peninsula Housing Development Xvii D/B/A La Palma Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Housing Development Xvii D/B/A La Palma Apartments 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: $89,044

For more financial information, click here


What is the mission statement of Peninsula Housing Development Xvii D/B/A La Palma Apartments?
Who is the CEO of Peninsula Housing Development Xvii D/B/A La Palma Apartments?
What is the revenue of Peninsula Housing Development Xvii D/B/A La Palma Apartments?
Who are the executives of Peninsula Housing Development Xvii D/B/A La Palma Apartments and what are their salaries?
Where can I find the form 990 for Peninsula Housing Development Xvii D/B/A La Palma Apartments?

Mission Statement of Peninsula Housing Development Xvii D/B/A La Palma Apartments

Peninsula Housing Development XVII, also known as La Palma Apartments, is a nonprofit organization established under Florida's laws and statutes. Its primary mission is centered around providing affordable housing facilities for elderly individuals. This mission is carried out through the development, ownership, and operation of a HUD 202 project, which is specifically designed to cater to the needs of the elderly population. By offering affordable housing, Peninsula Housing Development XVII aims to contribute to the well-being and comfort of this vulnerable group, ensuring they have a safe and secure living environment.

Impact

This information is meant to be a general summary of Peninsula Housing Development Xvii D/B/A La Palma Apartments. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Peninsula Housing Development XVII D/B/A La Palma Apartments has a significant impact on the community by providing affordable housing facilities to elderly persons in Miami, Florida. By offering a safe and affordable living option for this vulnerable demographic, this organization plays a crucial role in addressing the housing needs of the elderly population. Through its mission to provide affordable housing facilities, Peninsula Housing Development XVII D/B/A La Palma Apartments helps ensure that elderly individuals have access to suitable housing options that meet their specific needs. This impact contributes to promoting the well-being and quality of life for elderly residents in the Miami area.





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: $156
  • Program Service Revenue: $499,968
  • Gross Receipts: $606,522

    • Assets and Liabilities:
  • Total Assets: $9,462,082
  • Total Liabilities: $13,183,163
  • Net Assets: -$3,721,081
  • Programs

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

    TENANTS' RENT

    Revenue

    $210,428

    Organization Details

    Founding Year

    2003

    Principal Officer

    Guarione Diaz

    Main Address

    1223 SW 4TH STREET SUITE 202, MIAMI, FL, 331352407

    NTEE Category

    Code: P75 - Human services

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