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Silvercrest Senior Housing Development Fund Corporation

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

EIN: 262894911 ✦ Briarwood, NY ✦ Designated as a 501(c)(3)

Overview

What is Silvercrest Senior Housing Development Fund Corporation?

Silvercrest Senior Housing Development Fund Corporation is a nonprofit organization situated in Briarwood, New York. Its primary mission is to provide affordable housing for the very-low income elderly population, adhering to the United States Department of Housing and Urban Development's Section 202 Program. This program offers rental assistance for seniors who meet the federal program's requirements. The organization is committed to equality, not discriminating against individuals based on race, color, religion, sex, national origin, or disability, and complies with all relevant fair housing and civil rights laws. Silvercrest Senior Housing aims to continue the mission of the Silvercrest Center for Nursing and Rehabilitation, which focuses on enhancing quality of life for its residents.


Is Silvercrest Senior Housing Development Fund Corporation legitimate?

Silvercrest Senior Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Silvercrest Senior Housing Development Fund 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


What is the mission statement of Silvercrest Senior Housing Development Fund Corporation?
What is the revenue of Silvercrest Senior Housing Development Fund Corporation?
Who are the executives of Silvercrest Senior Housing Development Fund Corporation and what are their salaries?
Where can I find the form 990 for Silvercrest Senior Housing Development Fund Corporation?

Mission Statement of Silvercrest Senior Housing Development Fund Corporation

Silvercrest Senior Housing Development Fund Corporation is committed to providing affordable housing for the very-low income elderly population. This mission is a continuation of the Silvercrest Center for Nursing and Rehabilitation's mission, which is centered around enhancing the quality of life. Silvercrest Senior Housing achieves this goal through the U.S. Department of Housing and Urban Development's Section 202 program. This program offers rental assistance to seniors who meet the requirements of the federal program. Silvercrest Senior Housing is dedicated to upholding fair housing principles, ensuring that it does not discriminate based on race, color, religion, sex, national origin, or disability. The organization adheres to all federal, state, and local fair housing and civil rights laws, as well as the HUD equal opportunity requirements.

Impact

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




Thursday, August 15, 2024

Silvercrest Senior Housing Development Fund Corporation has a significant impact on the very-low income elderly population by providing affordable housing through the United States Department of Housing and Urban Development's Section 202 program. Their mission of "Giving Quality to Life" is reflected in their commitment to offering rental assistance for seniors in need, without discrimination based on race, color, religion, sex, national origin, or disability. By complying with all federal, state, and local laws regarding fair housing and civil rights, Silvercrest Senior Housing Development Fund Corporation plays a crucial role in improving the living conditions and overall well-being of the elderly community in Briarwood, NY.





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: $73
  • Program Service Revenue: $808,295
  • Gross Receipts: $819,616

    • Assets and Liabilities:
  • Total Assets: $14,036,743
  • Total Liabilities: $18,542,688
  • Net Assets: -$4,505,945
  • Programs

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

    RENTAL INCOME AND FEES

    Revenue

    $808,295

    Organization Details

    Founding Year

    2008

    Main Address

    86-19 144TH STREET, BRIARWOOD, NY, 114353109

    NTEE Category

    Code: L20 - Housing

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