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Pompei Housing Development Fund Company Inc

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

EIN: 161311359 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

Overview

What is Pompei Housing Development Fund Company Inc?

Pompei Housing Development Fund Company Inc is a nonprofit organization situated in Syracuse, New York, specifically at 990 James Street. Their primary mission is to provide affordable housing for elderly individuals who fall under the low-income category. Established with the intention of operating on a nonprofit basis, the company adheres to Section 202 of the National Housing Act. They manage a 49-unit housing project designed specifically for this demographic, ensuring that they can live comfortably and securely. With a dedicated team of five employees, Pompei Housing Development Fund Company Inc is committed to making a significant impact in the lives of its residents.


Is Pompei Housing Development Fund Company Inc legitimate?

Pompei Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Pompei 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: $95,491

For more financial information, click here


What is the mission statement of Pompei Housing Development Fund Company Inc?
Who is the CEO of Pompei Housing Development Fund Company Inc?
What is the revenue of Pompei Housing Development Fund Company Inc?
Who are the executives of Pompei Housing Development Fund Company Inc and what are their salaries?
Where can I find the form 990 for Pompei Housing Development Fund Company Inc?

Mission Statement of Pompei Housing Development Fund Company Inc

Pompei Housing Development Fund Company Inc, a nonprofit organization, was established with a specific mission to develop, own, and operate a low-income housing project on a nonprofit basis, in accordance with Section 202 of the National Housing Act. The corporation's primary objective is to provide a suitable living environment for elderly individuals who fall under the low-income bracket. By operating on a nonprofit basis, Pompei Housing Development Fund Company Inc ensures that affordable housing remains accessible to this vulnerable population. The organization currently manages a 49-unit housing project, designed specifically for low-income elderly individuals, demonstrating their commitment to providing adequate housing solutions to those in need.

Impact

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




Wednesday, July 24, 2024

Pompei Housing Development Fund Company Inc's impact can be seen in its operation of a 49-unit housing project for low-income elderly individuals in Syracuse, NY. By providing affordable housing options for this vulnerable population, the organization is addressing a critical need in the community. Through its mission to develop, own, and operate low-income housing on a Pompei Housing Development Fund Company Inc basis, the organization is contributing to the overall well-being and quality of life of elderly individuals in need of stable and secure housing. This initiative aligns with the organization's focus on housing and demonstrates its commitment to serving the community.





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: $348
  • Program Service Revenue: $568,214
  • Gross Receipts: $572,482

    • Assets and Liabilities:
  • Total Assets: $1,842,715
  • Total Liabilities: $2,210,622
  • Net Assets: -$367,907
  • Programs

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

    RENTAL INCOME - HUD

    Revenue

    $446,688

    RENTAL INCOME - TENANT

    Revenue

    $121,526

    Organization Details

    Founding Year

    1985

    Principal Officer

    Rev Daniel M Caruso

    Main Address

    990 JAMES STREET, SYRACUSE, NY, 13203

    NTEE Category

    Code: L21Z - Housing

    If you are a representative of Pompei 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.