nonprofit logo

Esther Gitlow Towers Ii Housing Development Fund Corp

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

EIN: 203265317 ✦ Suffern, NY ✦ Designated as a 501(c)(3)

Overview

What is Esther Gitlow Towers Ii Housing Development Fund Corp?

Esther Gitlow Towers II Housing Development Fund Corporation is a nonprofit organization located in Suffern, New York. Its primary mission is to provide safe and affordable housing for low-income senior citizens. The organization manages and operates an apartment complex consisting of 80 units, with the U.S. Department of Housing and Urban Development (HUD) overseeing its administration and regulation. The organization ensures that tenants receive all the benefits they are entitled to, helping to reduce their rental costs and make living more affordable, as per HUD regulations. The organization, which employs a team of 5 individuals, offers housing under a program that allows for lower rental charges to be recovered by HUD.


Is Esther Gitlow Towers Ii Housing Development Fund Corp legitimate?

Esther Gitlow Towers Ii Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Esther Gitlow Towers Ii Housing Development Fund 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: $285,766

For more financial information, click here


What is the mission statement of Esther Gitlow Towers Ii Housing Development Fund Corp?
Who is the CEO of Esther Gitlow Towers Ii Housing Development Fund Corp?
What is the revenue of Esther Gitlow Towers Ii Housing Development Fund Corp?
Who are the executives of Esther Gitlow Towers Ii Housing Development Fund Corp and what are their salaries?
Where can I find the form 990 for Esther Gitlow Towers Ii Housing Development Fund Corp?

Mission Statement of Esther Gitlow Towers Ii Housing Development Fund Corp

Esther Gitlow Towers II Housing Development Fund Corp is a nonprofit organization with a mission to provide safe and affordable housing for low-income senior citizens. The organization ensures that each tenant receives every benefit they are entitled to, thereby reducing their rent and making living more affordable. The corporation operates and manages an apartment complex consisting of 80 units, which are administered and regulated by the U.S. Department of Housing and Urban Development (HUD). Under this program, Esther Gitlow Towers II offers housing to low-income senior citizens, with the rental charges and operating methods regulated by HUD. Lower rental charges are recovered by HUD, making it possible for the organization to provide affordable housing to its tenants.

Impact

This information is meant to be a general summary of Esther Gitlow Towers Ii Housing Development Fund Corp. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Esther Gitlow Towers II Housing Development Fund Corp's impact lies in providing essential safe and affordable housing options for low-income senior citizens. By owning, managing, and operating a senior citizen apartment complex with 80 units, the organization ensures that vulnerable members of society have access to a secure living environment. Through its association with the U.S. Department of Housing and Urban Development (HUD), the organization follows regulations that protect tenants and keep rental charges low. This initiative not only offers a roof over their heads but also assists in reducing financial burdens, making living more feasible for seniors in need.





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: $111
  • Program Service Revenue: $248,317
  • Gross Receipts: $765,163

    • Assets and Liabilities:
  • Total Assets: $10,104,938
  • Total Liabilities: $12,398,621
  • Net Assets: -$2,293,683
  • Programs

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

    RENTAL REVENUE

    Revenue

    $238,530

    OTHER REVENUE

    Revenue

    $9,787

    Organization Details

    Founding Year

    2004

    Principal Officer

    Ira Perlstein

    Main Address

    196 LAFAYETTE AVENUE, SUFFERN, NY, 109014712

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Esther Gitlow Towers Ii Housing Development Fund 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.