Southwest 141 Street Housing Development Fund Company Inc

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

EIN: 133175057 ✦ Garden city, NY ✦ Designated as a 501(c)(3)

Overview

What is Southwest 141 Street Housing Development Fund Company Inc?

Southwest 141 Street Housing Development Fund Company Inc, situated in Garden City, New York, is a nonprofit organization with a mission to offer affordable housing solutions. Specifically, they specialize in providing rental apartments for elderly individuals, persons with disabilities, and those with very low income, housing a total of 69 units. With a modest workforce of five employees, this organization plays a crucial role in addressing housing needs within its community.


Is Southwest 141 Street Housing Development Fund Company Inc legitimate?

Southwest 141 Street Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southwest 141 Street 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: $181,486

For more financial information, click here


What is the mission statement of Southwest 141 Street Housing Development Fund Company Inc?
Who is the CEO of Southwest 141 Street Housing Development Fund Company Inc?
What is the revenue of Southwest 141 Street Housing Development Fund Company Inc?
Who are the executives of Southwest 141 Street Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Southwest 141 Street Housing Development Fund Company Inc?

Mission Statement of Southwest 141 Street Housing Development Fund Company Inc

Southwest 141 Street Housing Development Fund Company Inc is dedicated to providing a vital service within its mission. This nonprofit organization focuses on offering rental apartments specifically for elderly individuals, people with disabilities, and those with very low income. By providing these apartments, the company aims to cater to the housing needs of these groups, ensuring they have access to safe and suitable living spaces. The corporation's mission is a testament to its commitment to empowering and supporting vulnerable populations, thereby contributing to their overall well-being and quality of life.

Impact

This information is meant to be a general summary of Southwest 141 Street Housing Development Fund Company Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 1, 2024

Southwest 141 Street Housing Development Fund Company Inc's impact lies in providing essential housing opportunities for vulnerable populations in Garden City, NY. Through the ownership and operation of 69 rental apartments, the organization supports elderly persons, individuals with disabilities, and those with very low incomes. By offering affordable and safe housing options, Southwest 141 Street enables these individuals to live independently and with dignity, contributing to their overall well-being and quality of life. This impact is particularly significant in addressing housing challenges faced by marginalized groups and fostering a sense of community within the 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: $6,329
  • Program Service Revenue: $1,759,980
  • Gross Receipts: $1,766,309

    • Assets and Liabilities:
  • Total Assets: $7,661,027
  • Total Liabilities: $12,928,586
  • Net Assets: -$5,267,559
  • Programs

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

    REVENUE - RENTAL OPERA

    Revenue

    $1,759,980

    Organization Details

    Founding Year

    1983

    Principal Officer

    Msgr Kevin Nelan

    Main Address

    1122 FRANKLIN AVENUE SUITE 406, GARDEN CITY, NY, 11530

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Southwest 141 Street 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.