Park Ridge Housing Development Fund Inc

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

EIN: 222608311 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Park Ridge Housing Development Fund Inc?

Park Ridge Housing Development Fund Inc, located at 1555 Long Pond Road, Rochester, NY 14626, is a nonprofit organization dedicated to providing affordable housing for elderly individuals. With a mission to uphold Section 236 of the National Housing Act, the organization offers 50 one-bedroom apartments as a low-income housing project. The nonprofit employs a team of six individuals to manage and maintain this housing facility, ensuring that elderly residents have a safe and comfortable living environment.


Official website here: www.rochesterregional.org

Is Park Ridge Housing Development Fund Inc legitimate?

Park Ridge Housing Development Fund Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Ridge Housing Development Fund 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: $130,604

For more financial information, click here


Official website here: www.rochesterregional.org

What is the mission statement of Park Ridge Housing Development Fund Inc?

Park Ridge Housing Development Fund Inc is dedicated to providing affordable housing for elderly individuals. This is accomplished through the creation of a low-income housing project, featuring 50 one-bedroom apartments, in accordance with Section 236 of the National Housing Act. The organization's primary goal is to serve this specific demographic, ensuring they have access to comfortable living spaces. The project aims to contribute positively to the community by offering housing solutions that cater to the needs of its elderly residents.


Official website here: www.rochesterregional.org

Who is the CEO of Park Ridge Housing Development Fund Inc?

Dr Richard Davis is the Principal Officer of Park Ridge Housing Development Fund Inc. The CEO's salary of Park Ridge Housing Development Fund Inc is $0 and their total compensation is $47,654.


Official website here: www.rochesterregional.org

What is the revenue of Park Ridge Housing Development Fund Inc?

Park Ridge Housing Development Fund Inc's revenue in 2022 was $576,354.


Official website here: www.rochesterregional.org

Who are the executives of Park Ridge Housing Development Fund Inc and what are their salaries?

The average compensation at Park Ridge Housing Development Fund Inc during 2022 was $21,767. There are 6 employees at Park Ridge Housing Development Fund Inc.

Here are 9 key members and their salaries (Park Ridge Housing Development Fund Inc's CEO's salary is $0 and their total compensation is $47,654):

    Richard Davis Phd (Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $1,294,014
  • Other: $11,212

    • Hugh Thomas (Cao)
  • Compensation: $0
  • Related: $1,464,024
  • Other: $-194,485

    • Thomas Crilly (Cfo)
  • Compensation: $0
  • Related: $1,333,009
  • Other: $-231,918

    • Eric Bieber (Former Ceo)
  • Compensation: $0
  • Related: $47,360
  • Other: $294

    • David Riedman (Chair Of The Board) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Anna Lynch (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert S Sands (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Efrain Rivera (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael Nuccitelli (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.rochesterregional.org

    Where can I find the form 990 for Park Ridge Housing Development Fund Inc?

    The Park Ridge Housing Development Fund Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.rochesterregional.org

    Learn more at the official website: www.rochesterregional.org

    Mission Statement of Park Ridge Housing Development Fund Inc

    Park Ridge Housing Development Fund Inc, as a nonprofit organization, is devoted to providing affordable housing solutions for elderly individuals. They have established a low-income housing project, consisting of 50 one-bedroom apartments, in accordance with Section 236 of the National Housing Act. This project aims to offer a secure living environment for the elderly, providing them with the necessary housing they require.

    Impact

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




    Wednesday, July 24, 2024

    Park Ridge Housing Development Fund Inc provides essential affordable housing for elderly persons in Rochester, NY. With 50 one-bedroom apartments available, this housing project plays a crucial role in supporting the well-being and quality of life for low-income elderly individuals in the community. By offering affordable housing options, Park Ridge Housing Development Fund Inc helps ensure that these vulnerable members of society have access to safe and stable living arrangements, promoting their overall health and security.





    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: $487
  • Program Service Revenue: $528,963
  • Gross Receipts: $576,354

    • Assets and Liabilities:
  • Total Assets: $919,964
  • Total Liabilities: $1,562,848
  • Net Assets: -$642,884
  • Programs

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

    RENT-NET OF VACANCY

    Revenue

    $528,963

    Organization Details

    Founding Year

    1984

    Principal Officer

    Dr Richard Davis

    Main Address

    1555 LONG POND ROAD, ROCHESTER, NY, 14626

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Park Ridge Housing Development Fund 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.