Overview
What is 1260 Housing Development Corporation?
1260 Housing Development Corporation is a Pennsylvania-based nonprofit organization situated in Philadelphia. Their mission is to develop, acquire, finance, and manage affordable permanent housing for individuals dealing with behavioral health issues, as well as those in need of transitional and emergency housing within the city. Established to address the housing needs of vulnerable populations, this corporation plays a significant role in providing essential housing solutions for individuals in the City of Philadelphia.
Official website here: www.missionfirsthousing.org
Is 1260 Housing Development Corporation legitimate?
1260 Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1260 Housing Development Corporation 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: $0
For more financial information, click here
Official website here: www.missionfirsthousing.org
What is the mission statement of 1260 Housing Development Corporation?
The 1260 Housing Development Corporation is a not-for-profit organization dedicated to providing housing solutions for individuals with behavioral health issues and those in need of transitional and emergency housing. Through developing, acquiring, financing, and managing low-income permanent housing, the corporation aims to make a positive impact on the community. Specifically, their program offers affordable housing to low-income individuals, including vulnerable populations and those with physical and mental disabilities. The corporation's mission is to improve the lives of these individuals by providing them with a stable living environment. Their commitment extends beyond housing, as they also strive to ensure their residents have access to essential resources and support services to help them thrive.
Official website here: www.missionfirsthousing.org
Who is the CEO of 1260 Housing Development Corporation?
Thomas Ak Queenan is the President & Ceo, Since June 2022 of 1260 Housing Development Corporation. The CEO's salary of 1260 Housing Development Corporation is $0 and their total compensation is $0.
Official website here: www.missionfirsthousing.org
What is the revenue of 1260 Housing Development Corporation?
1260 Housing Development Corporation's revenue in 2022 was $16,943,789.
Official website here: www.missionfirsthousing.org
Who are the executives of 1260 Housing Development Corporation and what are their salaries?
- Robert Kwait (Assistant Secretary, Vp)
- Mark Deitcher (Assistant Treasurer, Vp)
- Mark Duffy (Treasurer) [Trustee/Director]
- Michael Simmons (Secretary) [Trustee/Director]
- Michael Davidson Esq (Chair) [Trustee/Director]
- Russel Johnson (Vice Chair) [Trustee/Director]
- Harry G Dittmann (Board Member) [Trustee/Director]
- James Kilcoyne (Board Member) [Trustee/Director]
- Gina Muldrow (Board Member) [Trustee/Director]
- Marva Williams (Board Member) [Trustee/Director]
- Thomas Ak Queenan (President & Ceo, Since June 2022)
Official website here: www.missionfirsthousing.org
Where can I find the form 990 for 1260 Housing Development Corporation?
The 1260 Housing Development Corporation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.missionfirsthousing.org
Learn more at the official website: www.missionfirsthousing.org
Mission Statement of 1260 Housing Development Corporation
1260 Housing Development Corporation, a not-for-profit organization, is dedicated to developing, acquiring, financing, and managing low-income permanent housing for individuals dealing with behavioral health issues and those in need of transitional and emergency housing in various communities. By offering this essential service, the Corporation aims to address the housing needs of vulnerable populations, including those who are physically and mentally disabled.
The mission of 1260 Housing Development Corporation extends beyond merely providing permanent housing solutions. The organization is committed to improving the lives of those it serves by creating a supportive environment where individuals can focus on their well-being and recovery. Through this effort, the Corporation is making a significant contribution to the overall health and stability of the communities it serves.
In practice, the Affordable Housing Program initiated by 1260 Housing Development Corporation is designed to provide shelter and a sense of belonging to low-income individuals who might otherwise struggle to find a stable living situation. The program's emphasis on inclusivity ensures that it caters to a wide range of people, providing them with the opportunity to build a better future for themselves and their families. By addressing the critical need for affordable housing, 1260 Housing Development Corporation is actively working to create more vibrant, resilient communities where everyone can thrive.
Impact
This information is meant to be a general summary of 1260 Housing Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
1260 Housing Development Corporation's impact lies in providing essential housing support to low-income individuals, including vulnerable populations, physically and mentally disabled individuals in Philadelphia, Pennsylvania. By developing, acquiring, financing, and managing low-income permanent housing for individuals with behavioral health issues, as well as those in need of transitional and emergency housing, this organization plays a crucial role in addressing homelessness and providing a stable living environment for those in need. Their affordable housing program significantly improves the quality of life for these individuals and contributes to building a more inclusive and supportive community in Philadelphia.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACT INCOME
Revenue
$11,032,033
RENTAL INCOME FROM TENANTS
Revenue
$2,863,444
SECTION 8 - HUD
Revenue
$845,789
GRANT INCOME
Revenue
$245,246
REAL ESTATE SERVICES
Revenue
$116,491
Organization Details
Founding Year
1988
Phone
(215) 577-8414
Principal Officer
Thomas Ak Queenan
Main Address
2042-48 ARCH STREET 2ND FLOOR, PHILADELPHIA, PA, 191031412
Website
www.missionfirsthousing.org
NTEE Category
Code: L210 - Housing
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