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Schaffer Heights Housing Corp

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

EIN: 141427968 ✦ Schenectady, NY ✦ Designated as a 501(c)(3)

Overview

What is Schaffer Heights Housing Corp?

Schaffer Heights Housing Corp is a nonprofit organization situated in Schwenctady, New York, specifically at 101 Nott Terrace. Their primary focus is to provide housing for senior citizens residing in the city and its surrounding areas. They operate a ten-story complex, comprising seven floors for residential living and three floors of commercial space, offering ancillary services to the complex's residents. The organization's mission is to cater to the housing needs of elderly individuals in the community, ensuring they have a comfortable living environment.


Official website here: www.schafferheights.com

Is Schaffer Heights Housing Corp legitimate?

Schaffer Heights Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schaffer Heights Housing Corp 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: $254,061

For more financial information, click here


Official website here: www.schafferheights.com

What is the mission statement of Schaffer Heights Housing Corp?

Schaffer Heights Housing Corp's mission is centered around providing housing for senior citizens residing in an unspecified locale. This organization strives to fulfill this mission by operating an apartment complex specifically designed for individuals aged 50 and above. The complex, composed of ten stories with seven residential floors and three floors for commercial space, aims to offer ancillary services to its senior residents. In essence, Schaffer Heights Housing Corp is committed to enhancing the living conditions and providing essential services for senior citizens within its community.


Official website here: www.schafferheights.com

Who is the CEO of Schaffer Heights Housing Corp?

Brian Forget is the Director of Schaffer Heights Housing Corp.


Official website here: www.schafferheights.com

What is the revenue of Schaffer Heights Housing Corp?

Schaffer Heights Housing Corp's revenue in 2022 was $2,024,049.


Official website here: www.schafferheights.com

Who are the executives of Schaffer Heights Housing Corp and what are their salaries?

Here are 6 key members and their salaries:

    B Donald Ackerman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Hughes (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cathy Berne Smith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy L Stark (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Harrison (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian F Forget (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.schafferheights.com

    Where can I find the form 990 for Schaffer Heights Housing Corp?

    The Schaffer Heights Housing Corp’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.schafferheights.com

    Learn more at the official website: www.schafferheights.com

    Mission Statement of Schaffer Heights Housing Corp

    Schaffer Heights Housing Corp, as a nonprofit organization, is dedicated to a noble mission. Its primary objective is to provide housing for seniors residing in various parts of the city and its surrounding areas. This mission is not just about offering a place to live, but it extends to creating an inclusive and supportive community. The organization operates an apartment complex, featuring residential living spaces spread over seven floors and commercial areas on three floors. This strategic layout allows for the provision of ancillary services directly to the residents, enhancing their quality of life. By focusing on the housing needs of seniors, Schaffer Heights Housing Corp is contributing significantly to their well-being and independence, thereby enriching their golden years.

    Impact

    This information is meant to be a general summary of Schaffer Heights Housing Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Schaffer Heights Housing Corp's impact is significant in providing essential housing services to seniors in the city of Schenectady and the surrounding area. The organization operates an apartment complex specifically designed for individuals aged 50 and over, offering them a safe and comfortable living environment. With seven floors dedicated to residential living and three floors allocated for commercial space to provide additional services, Schaffer Heights Housing Corp plays a crucial role in meeting the housing needs of older citizens in the community. Through its mission to provide housing and support to seniors, the organization contributes to enhancing the quality of life for this demographic group, ensuring they have access to suitable and affordable housing options.





    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: $37
  • Program Service Revenue: $1,960,112
  • Gross Receipts: $2,024,049

    • Assets and Liabilities:
  • Total Assets: $6,976,549
  • Total Liabilities: $11,119,812
  • Net Assets: -$4,143,263
  • Programs

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

    RENT REVENUE - RESIDEN

    Revenue

    $1,453,364

    RENT REVENUE - COMMERC

    Revenue

    $462,044

    TENANT CHARGES

    Revenue

    $17,681

    RENT REVENUE - MISCELL

    Revenue

    $16,048

    RENT REVENUE - GARAGE/

    Revenue

    $10,975

    Organization Details

    Founding Year

    1995

    Principal Officer

    Brian Forget

    Main Address

    101 NOTT TERRACE, SCHENECTADY, NY, 12308

    NTEE Category

    Code: L220 - Housing

    If you are a representative of Schaffer Heights Housing Corp 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.