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Springfield Senior Citizens Housing Inc

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

EIN: 222169374 ✦ Springfield, NJ ✦ Designated as a 501(c)(3)

Overview

What is Springfield Senior Citizens Housing Inc?

Springfield Senior Citizens Housing Inc is a nonprofit organization situated in Springfield, New Jersey, registered under HUD Section 8. Their primary mission is to offer safe and affordable housing to senior citizens who meet specific income requirements. They accomplish this by providing 34 efficiency apartments and 102 single-bedroom apartments. The organization's overarching goal is to provide suitable living accommodations for elderly individuals at reasonable rates, ensuring they have a comfortable living environment.


Is Springfield Senior Citizens Housing Inc legitimate?

Springfield Senior Citizens Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Springfield Senior Citizens Housing 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: $219,241

For more financial information, click here


What is the mission statement of Springfield Senior Citizens Housing Inc?
Who is the CEO of Springfield Senior Citizens Housing Inc?
What is the revenue of Springfield Senior Citizens Housing Inc?
Who are the executives of Springfield Senior Citizens Housing Inc and what are their salaries?
Where can I find the form 990 for Springfield Senior Citizens Housing Inc?

Mission Statement of Springfield Senior Citizens Housing Inc

Springfield Senior Citizens Housing Inc, a nonprofit organization, is committed to providing living accommodations for senior citizens at affordable rates. Their primary mission is to offer rental housing and related facilities to elderly individuals who meet certain income requirements. The organization qualifies under HUD Section 8, enabling it to receive subsidized rental payments. This allows Springfield Senior Citizens Housing Inc to provide safe and affordable housing to senior citizens. The project, in total, comprises 34 efficiency apartments and 102 single-bedroom apartments, providing ample living spaces for elderly residents. The organization's mission is crucial in ensuring that senior citizens can reside in a secure and cost-effective environment, enhancing their quality of life and overall well-being.

Impact

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




Thursday, August 15, 2024

Springfield Senior Citizens Housing Inc has a significant impact on the community by providing affordable living accommodations to senior citizens. Through its HUD Section 8 qualification, the organization receives subsidized rental payments to offer safe and affordable housing to seniors who meet specific income requirements. With 34 efficiency apartments and 102 single-bedroom apartments, the project plays a vital role in ensuring that elderly individuals have access to suitable housing options. This initiative not only addresses the housing needs of seniors but also contributes to enhancing their overall quality of life.





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: $805
  • Program Service Revenue: $500,308
  • Gross Receipts: $2,603,219

    • Assets and Liabilities:
  • Total Assets: $10,144,206
  • Total Liabilities: $1,455,355
  • Net Assets: $8,688,851
  • Programs

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

    RENTAL

    Revenue

    $500,308

    Organization Details

    Founding Year

    1972

    Principal Officer

    Walter Peterson

    Main Address

    350 INDEPENDENCE WAY, SPRINGFIELD, NJ, 070812633

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Springfield Senior Citizens Housing 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.