Royal Gardens Development Fund Company Project No 014-Eh282

Royal Gardens Development Fund Company Project No 014-Eh282 is a nonprofit organization established under Article XI of the Private Housing Finance Law of New York. Its primary mission is to develop, own, and operate a housing project specifically for the elderly and low-income handicapped individuals, adhering to Department of HUD regulations. The project, named Royal Gardens Apartments, consists of 74 units, with 73 units being rented to qualified participants. The organization operates with a dedicated team of five employees, ensuring the project's smooth operation. The Royal Gardens Housing Development Fund Company, Inc., Project No. 014-Eh282, is committed to providing affordable housing solutions for its target demographic in Brockport, New York.

Royal Gardens Development Fund Company Project No 014-Eh282 is a legitimate nonprofit organization registered as a 501(c)(3) entity. Royal Gardens Development Fund Company Project No 014-Eh282 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: $141,882

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The Royal Gardens Development Fund Company Project No 014-Eh282, as a non-profit organization, was established with the primary objective of developing, owning, and operating a low-income housing project on a non-profit basis. This project, known as Royal Gardens Apartments, is in compliance with Section 202 of the National Housing Act. The organization's mission is centered around providing affordable housing for the elderly and low-income handicapped individuals, ensuring that qualified participants can reside in the 74-unit complex under Department of HUD regulations. Throughout its operations, the organization has successfully rented out all units for an entire fiscal year.

Michael Morich is the Director of Royal Gardens Development Fund Company Project No 014-Eh282.

Royal Gardens Development Fund Company Project No 014-Eh282's revenue in 2022 was $783,298.

The average compensation at Royal Gardens Development Fund Company Project No 014-Eh282 during 2022 was $28,376. There are 5 employees at Royal Gardens Development Fund Company Project No 014-Eh282.

Here are 6 key members and their salaries:

The Royal Gardens Development Fund Company Project No 014-Eh282’s most recent form 990 was submitted in 2022 and can be accessed here