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Varick-Peterson Housing Development Fund Company Inc

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

EIN: 141548784 ✦ Newburgh, NY ✦ Designated as a 501(c)(3)

Overview

What is Varick-Peterson Housing Development Fund Company Inc?

Varick-Peterson Housing Development Fund Company Inc, located in Newburgh, New York, is a nonprofit organization dedicated to providing low-income housing. Operating under Section 215 of the National Housing Act, they manage a residential apartment complex consisting of 122 units, regulated by the U.S. Department of Housing & Urban Development. Their mission is to ensure affordable living spaces for those in need, contributing positively to the community.


Is Varick-Peterson Housing Development Fund Company Inc legitimate?

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

Mission Statement of Varick-Peterson Housing Development Fund Company Inc

Varick-Peterson Housing Development Fund Company Inc, as a nonprofit organization, is dedicated to providing low-income housing. Specifically, they manage a residential apartment complex consisting of 122 units, operating under Section 215 of the National Housing Act. This act is regulated by the U.S. Department of Housing and Urban Development, ensuring compliance with standards for affordable housing. The entity's mission is to provide a secure living space for individuals who fall within the income bracket requiring such assistance. By managing this apartment complex, Varick-Peterson Housing Development Fund Company Inc contributes to the broader goal of making affordable housing accessible to those who need it, thereby fostering a more inclusive and equitable community.

Impact

This information is meant to be a general summary of Varick-Peterson 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

Varick-Peterson Housing Development Fund Company Inc's impact includes providing affordable housing for low-income individuals and families in Newburgh, New York. By operating a residential apartment complex consisting of 122 rental units under the National Housing Act, this organization addresses the critical need for housing assistance in the community. Their mission focuses on offering a stable and secure living environment for those in need of affordable housing options, contributing to the overall well-being and quality of life of residents in Newburgh.





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 2023.

  • Investment Income: $24,001
  • Program Service Revenue: $847,183
  • Gross Receipts: $1,980,755

    • Assets and Liabilities:
  • Total Assets: $4,813,689
  • Total Liabilities: $399,713
  • Net Assets: $4,413,976
  • Programs

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

    RENTAL INCOME

    Revenue

    $847,183

    Organization Details

    Founding Year

    1968

    Principal Officer

    Ebony Peterson Anderson

    Main Address

    121-A VARICK HOMES, NEWBURGH, NY, 12550

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Varick-Peterson 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.