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Soundview Senior Housing Development Fund Company Inc

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

EIN: 300162353 ✦ St albans, NY ✦ Designated as a 501(c)(3)

Overview

What is Soundview Senior Housing Development Fund Company Inc?

Soundview Senior Housing Development Fund Company Inc, established in 2002, is a nonprofit organization sponsored by the Northeastern Conference Corporation of Seventh-Day Adventists. Their primary mission is to operate a senior housing facility, catering to the elderly and handicapped. This facility, consisting of 72 units, is funded through the U.S. Department of Housing and Urban Development under Section 202 and is eligible for HUD Section 8 rental assistance. The organization's purpose is to provide a comfortable living space for its residents, with regulations set by HUD to ensure fair rent charges and operating methods.


Is Soundview Senior Housing Development Fund Company Inc legitimate?

Soundview Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Soundview Senior Housing Development Fund Company 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: $0

For more financial information, click here


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

Mission Statement of Soundview Senior Housing Development Fund Company Inc

Soundview Senior Housing Development Fund Company Inc is committed to providing a safe and supportive living environment for the elderly and individuals with disabilities. Established in 2002, the organization was funded by the Northeastern Conference Corporation of Seventh-Day Adventists and sponsored by the U.S. Department of Housing and Urban Development (HUD) under Section 202. The company operates a 72-unit senior housing facility, eligible for HUD Section 8 rental assistance, which is regulated by HUD in terms of rent charges and operational methods. This nonprofit organization's mission is to ensure that the elderly and handicapped residents have access to a comfortable and secure living space, which is an essential aspect of their well-being.

Impact

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




Thursday, August 15, 2024

Soundview Senior Housing Development Fund Company Inc's impact is providing much-needed affordable housing for the elderly and handicapped in the St Albans, NY area. By operating a 72-unit senior housing facility, the organization is addressing the housing needs of a vulnerable population and ensuring they have a safe and supportive environment to live in. This initiative helps improve the quality of life for seniors and individuals with disabilities by offering HUD Section 8 rental assistance and following strict regulations set by HUD regarding rent charges and operating methods. Overall, Soundview Senior Housing Development Fund Company Inc plays a vital role in promoting accessible and affordable housing options for those in need in the community.





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: $400
  • Program Service Revenue: $279,884
  • Gross Receipts: $1,738,148

    • Assets and Liabilities:
  • Total Assets: $11,363,016
  • Total Liabilities: $13,008,504
  • Net Assets: -$1,645,488
  • Programs

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

    RENTAL INCOME

    Revenue

    $279,884

    Organization Details

    Founding Year

    2002

    Principal Officer

    Trevor Mclean

    Main Address

    115-50 MERRICK BLVD, ST ALBANS, NY, 114341896

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Soundview Senior Housing Development Fund Company 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.