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Mt Pleasant Housing Development Fund Company Inc

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

EIN: 133745063 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Mt Pleasant Housing Development Fund Company Inc?

Mt Pleasant Housing Development Fund Company Inc is a nonprofit organization situated in New York City, specifically at 421 East 116th Street. Their primary mission is to offer clean, affordable, and secure housing to senior citizens within their local community. They achieve this by receiving Section 8 payment subsidies from the HUD (U.S. Department of Housing and Urban Development). This arrangement enables the nonprofit to provide affordable living spaces for elderly residents, thereby contributing positively to their well-being and overall community development.


Is Mt Pleasant Housing Development Fund Company Inc legitimate?

Mt Pleasant Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mt Pleasant 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 Mt Pleasant Housing Development Fund Company Inc?
Who is the CEO of Mt Pleasant Housing Development Fund Company Inc?
What is the revenue of Mt Pleasant Housing Development Fund Company Inc?
Who are the executives of Mt Pleasant Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Mt Pleasant Housing Development Fund Company Inc?

Mission Statement of Mt Pleasant Housing Development Fund Company Inc

Mt Pleasant Housing Development Fund Company Inc is committed to providing a vital service within its community. Its mission, in simple terms, is to ensure that senior citizens have access to clean, affordable, and safe housing. This nonprofit organization goes beyond just providing housing; it strives to create a living environment that is secure and within the reach of its elderly residents. The corporation achieves this by leasing affordable apartments to senior citizens, with their rents being subsidized by Section 8 payments from the U.S. Department of Housing and Urban Development (HUD). This strategic approach enables the organization to make housing more affordable for those who need it most, thereby contributing to their overall well-being.

Impact

This information is meant to be a general summary of Mt Pleasant 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 15, 2024

Mt Pleasant Housing Development Fund Company Inc provides clean, affordable, and safe housing for senior citizens in the local community of New York. The organization rents affordable apartments to seniors, with their rents subsidized by Section 8 payments from HUD. By offering this vital service, Mt Pleasant Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of senior citizens, ensuring they have a comfortable and secure living environment. Through their mission of providing affordable housing, the organization positively impacts the lives of senior citizens by giving them access to a place they can call home.





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: $823
  • Program Service Revenue: $1,227,231
  • Gross Receipts: $1,228,054

    • Assets and Liabilities:
  • Total Assets: $1,807,812
  • Total Liabilities: $7,062,131
  • Net Assets: -$5,254,319
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,227,231

    Organization Details

    Founding Year

    1995

    Principal Officer

    Christopher Cirillo

    Main Address

    421 EAST 116TH STREET, NEW YORK, NY, 10029

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Mt Pleasant 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.