nonprofit logo

De Sales Assisted Living Development Cor

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

EIN: 133990145 ✦ New york, NY ✦ Designated as a 501(c)(3)

Overview

What is De Sales Assisted Living Development Cor?

De Sales Assisted Living Development Corporation is a nonprofit organization situated in New York City, specifically at 1261 Fifth Avenue, New York, NY 10029. Their primary mission is to provide affordable assisted living apartments for senior citizens, aiming to enable them to live independently rather than in nursing homes. The organization has constructed a 14-story residential building, which houses these apartments, and offers services to support the tenants in their daily lives. The expenses associated with the operation of this project are covered by the corporation.


Is De Sales Assisted Living Development Cor legitimate?

De Sales Assisted Living Development Cor is a legitimate nonprofit organization registered as a 501(c)(3) entity. De Sales Assisted Living Development Cor 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 De Sales Assisted Living Development Cor?
Who is the CEO of De Sales Assisted Living Development Cor?
What is the revenue of De Sales Assisted Living Development Cor?
Who are the executives of De Sales Assisted Living Development Cor and what are their salaries?
Where can I find the form 990 for De Sales Assisted Living Development Cor?

Mission Statement of De Sales Assisted Living Development Cor

De Sales Assisted Living Development Corporation is dedicated to providing affordable living solutions for senior citizens in the city. Their mission manifests through the construction and operation of a 14-story residential building, which serves as an assisted living project. This project offers senior citizens the opportunity to rent apartments at affordable rates, enabling them to live independently, avoiding the need for nursing homes. To ensure the tenants' well-being, De Sales Assisted Living Development Corporation provides essential services to assist the seniors in leading self-sufficient lives. By maintaining and overseeing the property's operations, the corporation ensures the project's smooth functioning, contributing to the comfort and independence of its senior residents.

Impact

This information is meant to be a general summary of De Sales Assisted Living Development Cor. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

De Sales Assisted Living Development Cor's impact is evident through its provision of affordable assisted living apartments for senior citizens in New York City. Through the operation and maintenance of the assisted living project, the organization enables senior citizens to reside in a 14-story residential building specifically designed for their needs. By offering these apartments at affordable rents, De Sales Assisted Living Development Cor helps seniors maintain their independence and quality of life, reducing the need for nursing home care. Their commitment to providing housing and services tailored to senior citizens' needs contributes significantly to the well-being of the elderly population in New York City.





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: $10,450
  • Program Service Revenue: $1,713,650
  • Gross Receipts: $1,724,100

    • Assets and Liabilities:
  • Total Assets: $7,374,376
  • Total Liabilities: $10,563,567
  • Net Assets: -$3,189,191
  • Programs

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

    RENTAL INCOME

    Revenue

    $1,713,650

    Organization Details

    Founding Year

    1998

    Principal Officer

    Nicole Atanasio

    Main Address

    1261 FIFTH AVENUE, NEW YORK, NY, 10029

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of De Sales Assisted Living Development Cor 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.