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Casa Farnese Inc

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

EIN: 231668087 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Casa Farnese Inc?

Casa Farnese Inc, located in Philadelphia, Pennsylvania, is a nonprofit organization dedicated to providing affordable housing solutions for senior citizens. Adhering to HUD guidelines, the organization manages 288 units, offering apartment rentals to cater to the housing needs of this demographic. With a staff of 11 individuals, Casa Farnese Inc plays a significant role in ensuring senior citizens in the area have access to safe and suitable living arrangements, contributing to their overall well-being.


Is Casa Farnese Inc legitimate?

Casa Farnese Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casa Farnese 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: $542,563

For more financial information, click here


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

Mission Statement of Casa Farnese Inc

Casa Farnese Inc, a nonprofit organization, is dedicated to providing low and moderate income housing for senior citizens. Following the guidelines set by the HUD, Casa Farnese offers apartment rentals to 288 elderly individuals, ensuring they have a suitable living environment. The mission of Casa Farnese is to make a positive impact on the lives of senior citizens by offering them affordable housing options, thereby contributing to their overall well-being and quality of life.

Impact

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




Thursday, August 15, 2024

Casa Farnese Inc's impact lies in providing essential low and moderate-income housing to 288 senior citizens in Philadelphia, PA. By offering apartment rentals that adhere to HUD guidelines, the organization plays a crucial role in ensuring that seniors have a safe and affordable place to live. This commitment to affordable housing directly contributes to the well-being and quality of life of the senior citizens it serves.





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: $313
  • Program Service Revenue: $4,045,056
  • Gross Receipts: $4,183,699

    • Assets and Liabilities:
  • Total Assets: $16,763,275
  • Total Liabilities: $10,381,894
  • Net Assets: $6,381,381
  • Programs

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

    RENTAL INCOME

    Revenue

    $4,045,056

    Organization Details

    Founding Year

    1962

    Principal Officer

    Joseph H Jacovini

    Main Address

    1300 LOMBARD STREET, PHILADELPHIA, PA, 19147

    NTEE Category

    Code: L22Z - Housing

    If you are a representative of Casa Farnese 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.