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Olm Senior Housing Development Fund Corporation

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

EIN: 133897866 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is Olm Senior Housing Development Fund Corporation?

Olm Senior Housing Development Fund Corporation is a nonprofit organization situated in New York, specifically at 1011 First Avenue, New York, NY 10022. Their primary mission is to provide a housing project catering to elderly or disabled individuals of low income, offering facilities and services tailored to meet their physical, social, and psychological needs. This mission aims to promote their overall health, security, and happiness through longer living. The organization operates a 51-unit project, ensuring a comfortable and supportive environment for its residents.


Is Olm Senior Housing Development Fund Corporation legitimate?

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

Mission Statement of Olm Senior Housing Development Fund Corporation

Olm Senior Housing Development Fund Corporation is dedicated to serving the elderly and disabled individuals of low income by operating a housing project. This organization provides housing facilities and services that are specifically designed to cater to their physical, social, and psychological needs. The primary goal of Olm Senior Housing Development Fund Corporation is to promote health, security, and happiness among its residents, enabling them to live with a sense of purpose and usefulness for a longer period. The organization operates a 51-unit housing project, offering a conducive environment for its residents to thrive.

Impact

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




Thursday, August 15, 2024

Olm Senior Housing Development Fund Corporation makes a tangible impact by providing a vital housing solution for elderly and disabled individuals with low income. By operating a 51-unit housing project specifically designed to meet their physical, social, and psychological needs, this organization promotes the health, security, happiness, and overall well-being of its residents. Through their dedicated efforts, Olm Senior Housing Development Fund Corporation plays a crucial role in enabling these individuals to lead more fulfilling lives and enjoy a sense of community and support.





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: $6,501
  • Program Service Revenue: $814,505
  • Gross Receipts: $822,613

    • Assets and Liabilities:
  • Total Assets: $3,752,894
  • Total Liabilities: $5,188,037
  • Net Assets: -$1,435,143
  • Programs

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

    RENTAL INCOME

    Revenue

    $814,505

    Organization Details

    Founding Year

    1997

    Principal Officer

    Beatriz Diaz Taveras

    Main Address

    1011 FIRST AVENUE, NEW YORK, NY, 100224134

    NTEE Category

    Code: L80 - Housing

    If you are a representative of Olm Senior Housing Development Fund Corporation 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.