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Thorpe Housing Development Fund Company

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

EIN: 132986206 ✦ Sparkhill, NY ✦ Designated as a 501(c)(3)

Overview

What is Thorpe Housing Development Fund Company?

Thorpe Housing Development Fund Company is a nonprofit organization, specifically located at 6 Thorpe Drive, Sparkhill, New York 10976. Their primary mission is to provide affordable residential housing to low-income senior citizens and individuals with disabilities, in alignment with Section 221(D)(4) of the Housing Act of 1959. With a dedicated workforce of 14 employees, this organization has dedicated itself to making a significant impact in the housing sector, ensuring that these vulnerable groups have access to safe and affordable living spaces.


Is Thorpe Housing Development Fund Company legitimate?

Thorpe Housing Development Fund Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Thorpe Housing Development Fund Company 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: $483,344

For more financial information, click here


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

Mission Statement of Thorpe Housing Development Fund Company

Thorpe Housing Development Fund Company, as a nonprofit organization, is dedicated to providing affordable residential housing for low-income senior citizens and individuals with disabilities. This mission is carried out under Section 221(D)(4) of the Housing Act of 1959. The company's primary goal is to ensure that these vulnerable groups have access to safe and affordable living spaces, thereby enhancing their quality of life. By providing such housing, Thorpe Housing Development Fund Company plays a significant role in supporting the well-being of its community's elderly and disabled members, thereby contributing to a more inclusive and equitable society.

Impact

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




Thursday, August 1, 2024

Thorpe Housing Development Fund Company plays a crucial role in providing affordable residential housing to low-income senior citizens and the handicapped under Section 221(D)(4) of the Housing Act of 1959. By offering housing options for these vulnerable populations in Sparkhill, NY, the organization directly addresses the pressing issue of housing affordability in the community. Their impact can be felt in the improved quality of life and stability that their housing solutions bring to those in need, enabling them to live with dignity and security. Through their focused mission, Thorpe Housing Development Fund Company contributes significantly to creating a more inclusive and supportive environment for low-income seniors and the handicapped in Sparkhill.





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: $97,628
  • Program Service Revenue: $3,821,297
  • Gross Receipts: $3,957,841

    • Assets and Liabilities:
  • Total Assets: $19,901,754
  • Total Liabilities: $12,800,233
  • Net Assets: $7,101,521
  • Programs

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

    SUBSIDY INCOME

    Revenue

    $2,740,162

    AFFORDABLE HOUSING REN

    Revenue

    $1,081,135

    Organization Details

    Founding Year

    1978

    Principal Officer

    Matthew Janeczko

    Main Address

    6 THORPE DRIVE, SPARKHILL, NY, 10976

    NTEE Category

    Code: L210 - Housing

    If you are a representative of Thorpe Housing Development Fund Company 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.