Frankford Senior Housing Associates

Meadow House

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

EIN: 232718494 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Frankford Senior Housing Associates?

Frankford Senior Housing Associates is a nonprofit organization based in Philadelphia, Pennsylvania. Their primary focus is on providing affordable housing for senior citizens, operating a 50-unit apartment building. These apartments are subsidized under the HUD section 202 program. The organization's mission is to enhance the well-being of senior residents, offering assistance from a service coordinator. They operate under the name "Meadow House," and their tenants started moving in back in 1997.


Official website here: www.newcourtland.org

Is Frankford Senior Housing Associates legitimate?

Frankford Senior Housing Associates is a legitimate nonprofit organization registered as a 501(c)(3) entity. Frankford Senior Housing Associates 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: $89,587

For more financial information, click here


Official website here: www.newcourtland.org

What is the mission statement of Frankford Senior Housing Associates?

Frankford Senior Housing Associates, as a non-profit entity, is committed to promoting the well-being of senior citizens. Their primary mission is to enhance the general health, welfare, and security of this demographic by providing them with affordable housing. Additionally, they offer service coordinator assistance to their residents, aiming to enhance their overall living experience. The organization operates a 50-unit apartment building, where all tenants benefit from a HUD subsidy under the Section 202 program. The housing complex, which began operations in 1997, continues to serve as a sanctuary for senior citizens, providing them with a secure and supportive environment.


Official website here: www.newcourtland.org

Who is the CEO of Frankford Senior Housing Associates?

Joseph Duffey is the Principal Officer of Frankford Senior Housing Associates.


Official website here: www.newcourtland.org

What is the revenue of Frankford Senior Housing Associates?

Frankford Senior Housing Associates's revenue in 2022 was $563,350.


Official website here: www.newcourtland.org

Who are the executives of Frankford Senior Housing Associates and what are their salaries?

Here are 8 key members and their salaries:

    Tim Mcgrath (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Joe Duffey (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Drew Siebert (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Naylor (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Max Kent (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mike Demarco (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John Ungar (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Funaro (Assistant Secretayr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.newcourtland.org

    Where can I find the form 990 for Frankford Senior Housing Associates?

    The Frankford Senior Housing Associates’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.newcourtland.org

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

    Mission Statement of Frankford Senior Housing Associates

    Frankford Senior Housing Associates, a non-profit organization, is dedicated to enhancing the well-being of senior citizens. Their mission is threefold: to promote the overall health, ensure the welfare, and secure the safety of these elderly individuals. They achieve this by offering affordable housing within their 50-unit apartment building, which is subsidized under the HUD section 202 program. Furthermore, Frankford Senior Housing Associates provides service coordinator assistance to their tenants, aiming to improve their living experience and quality of life. This organization's commitment to senior citizens reflects its dedication to ensuring that these individuals can age with dignity and security.

    Impact

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




    Wednesday, July 24, 2024

    Frankford Senior Housing Associates provides a vital service by offering affordable housing to senior citizens in Philadelphia. By owning and operating a 50-unit apartment building that rents HUD-subsidized apartments, they are able to support the general health, welfare, and security of seniors in the community. Through their mission, they are able to contribute to improving the quality of life for many seniors in need of affordable housing options.





    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: $255
  • Program Service Revenue: $563,095
  • Gross Receipts: $563,350

    • Assets and Liabilities:
  • Total Assets: $4,233,756
  • Total Liabilities: $989,156
  • Net Assets: $3,244,600
  • Programs

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

    Tenant Rent

    Revenue

    $149,918

    Rent Subsidy (HUD)

    Revenue

    $413,177

    Organization Details

    Founding Year

    1989

    Principal Officer

    Joseph Duffey

    Main Address

    6970 Germantown Avenue, Philadelphia, PA, 19119

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Frankford Senior Housing Associates 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.