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Everlasting Pine Housing Development Fund Company Inc

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

EIN: 133218852 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Everlasting Pine Housing Development Fund Company Inc?

Everlasting Pine Housing Development Fund Company Inc, established in 1984, is a New York-based nonprofit organization with a mission to provide affordable housing for elderly and handicapped individuals of low income. The company operates an apartment complex comprising 87 units, adhering to Section 202 of the Housing Act of 1959. This nonprofit, incorporated under New York's Private Housing Finance Law and Not-For-Profit Corporation Law, continues its operation by providing a safe and inclusive living space for those in need.


Is Everlasting Pine Housing Development Fund Company Inc legitimate?

Everlasting Pine Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Everlasting Pine 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: $0

For more financial information, click here


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

Mission Statement of Everlasting Pine Housing Development Fund Company Inc

Everlasting Pine Housing Development Fund Company Inc, established in 1984, is a non-profit organization with a mission to develop and operate an apartment complex catering to the elderly and handicapped individuals of low income. This mission is in line with Section 202 of the Housing Act of 1959. The project, under the guidance of Everlasting Pine Housing Development Fund Company Inc, aims to provide a safe and accessible living space for this specific demographic, ensuring they have a home that meets their unique needs. The organization's work is crucial in creating a community where elderly and handicapped individuals can live with dignity and independence, thereby improving their overall quality of life.

Impact

This information is meant to be a general summary of Everlasting Pine 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

Everlasting Pine Housing Development Fund Company Inc's impact is evident in providing affordable housing for elderly and handicapped individuals of low income in New York. By operating an apartment complex consisting of 87 units specifically designed to cater to the needs of this vulnerable population, the organization plays a crucial role in addressing the housing challenges faced by these individuals. This initiative not only ensures a secure and comfortable living environment but also promotes a sense of community and support for those in need. Overall, Everlasting Pine Housing Development Fund Company Inc significantly contributes to enhancing the quality of life for its residents and serving the larger goal of providing accessible housing solutions in the region.





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: $778
  • Program Service Revenue: $1,634,326
  • Gross Receipts: $1,636,881

    • Assets and Liabilities:
  • Total Assets: $2,446,432
  • Total Liabilities: $7,442,504
  • Net Assets: -$4,996,072
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,634,326

    Organization Details

    Founding Year

    1984

    Principal Officer

    Charles Lai

    Main Address

    96 BAXTER STREET 13TH FLOOR, NEW YORK, NY, 10013

    NTEE Category

    Code: L210 - Housing

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