St Peter's Italian Church Housing Devel Development Fund Company Inc

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

EIN: 161126883 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

Overview

What is St Peter's Italian Church Housing Devel Development Fund Company Inc?

St. Peter's Italian Church Housing Development Fund Company Inc is a nonprofit organization situated in Syracuse, New York, with a specific focus on providing affordable housing for the elderly. The corporation was established with the sole intent of developing, owning, and managing a low-income housing project, in accordance with Section 202 of the National Housing Act. They currently operate a 120-unit project, dedicating their efforts to this cause on a non-profit basis. The company employs a team of seven individuals, committed to ensuring the success and well-being of their housing project.


Is St Peter's Italian Church Housing Devel Development Fund Company Inc legitimate?

St Peter's Italian Church Housing Devel Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Peter's Italian Church Housing Devel 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: $223,682

For more financial information, click here


What is the mission statement of St Peter's Italian Church Housing Devel Development Fund Company Inc?
Who is the CEO of St Peter's Italian Church Housing Devel Development Fund Company Inc?
What is the revenue of St Peter's Italian Church Housing Devel Development Fund Company Inc?
Who are the executives of St Peter's Italian Church Housing Devel Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for St Peter's Italian Church Housing Devel Development Fund Company Inc?

Mission Statement of St Peter's Italian Church Housing Devel Development Fund Company Inc

St. Peter's Italian Church Housing Development Fund Company Inc was established with a singular and specific purpose: to develop, own, and operate a low-income housing project on a non-profit basis, adhering to Section 202 of the National Housing Act. This mission-driven corporation is dedicated to providing affordable housing for the elderly, operating a 120-unit low-income housing project that caters to this demographic. The organization's commitment to this project reflects its dedication to addressing the housing needs of those who are often underserved in the community. By providing a safe and affordable living space for the elderly, St. Peter's Italian Church Housing Development Fund Company Inc contributes to their overall well-being and quality of life. The organization's mission is a testament to its commitment to social responsibility and the betterment of its community.

Impact

This information is meant to be a general summary of St Peter's Italian Church Housing Devel 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

St. Peter's Italian Church Housing Development Fund Company Inc's impact is evident through its provision of essential housing services to the elderly in Syracuse, NY. This organization plays a crucial role in addressing the housing needs of low-income elderly individuals, offering a place of comfort, security, and community. Through the operation of a 120-unit low-income housing project, St. Peter's Italian Church Housing Development Fund Company Inc ensures that this vulnerable demographic has access to affordable and safe housing. Overall, the organization's efforts contribute to enhancing the quality of life for the elderly population in Syracuse by providing them with a stable and supportive living environment.





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: $490
  • Program Service Revenue: $1,126,585
  • Gross Receipts: $1,167,129

    • Assets and Liabilities:
  • Total Assets: $3,731,779
  • Total Liabilities: $3,184,059
  • Net Assets: $547,720
  • Programs

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

    RENT SUBSIDIES - HUD

    Revenue

    $812,257

    RENTAL INCOME

    Revenue

    $314,328

    Organization Details

    Founding Year

    1980

    Principal Officer

    Rev Daniel M Caruso

    Main Address

    990 JAMES STREET, SYRACUSE, NY, 13203

    NTEE Category

    Code: L22 - Housing

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