nonprofit logo

Peninsula Housing Development Inc Viii Blue Lagoon Apartments

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

EIN: 650564217 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Peninsula Housing Development Inc Viii Blue Lagoon Apartments?

Peninsula Housing Development Inc Viii Blue Lagoon Apartments is a nonprofit organization based in Miami, Florida, specifically at 1223 SW 4th Street 2nd Floor. Incorporated under the state's laws, their primary mission is to provide affordable housing facilities for the elderly population. To accomplish this, they develop, own, and manage a HUD 202 project, which offers housing facilities specifically designed for senior citizens. This nonprofit organization strives to contribute positively to the community by offering essential housing solutions for an often underserved demographic.


Is Peninsula Housing Development Inc Viii Blue Lagoon Apartments legitimate?

Peninsula Housing Development Inc Viii Blue Lagoon Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Housing Development Inc Viii Blue Lagoon Apartments 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: $137,200

For more financial information, click here


What is the mission statement of Peninsula Housing Development Inc Viii Blue Lagoon Apartments?
Who is the CEO of Peninsula Housing Development Inc Viii Blue Lagoon Apartments?
What is the revenue of Peninsula Housing Development Inc Viii Blue Lagoon Apartments?
Who are the executives of Peninsula Housing Development Inc Viii Blue Lagoon Apartments and what are their salaries?
Where can I find the form 990 for Peninsula Housing Development Inc Viii Blue Lagoon Apartments?

Mission Statement of Peninsula Housing Development Inc Viii Blue Lagoon Apartments

Peninsula Housing Development Inc VIII, a nonprofit organization based in Florida, is dedicated to serving the elderly population. Its primary mission is to develop, own, and operate an affordable housing facility, specifically under the HUD 202 project. This endeavor is designed to provide suitable living spaces for elderly individuals, ensuring their needs are met with care and consideration. By doing so, Peninsula Housing Development Inc VIII is contributing to the well-being of the elderly community, offering them a secure and affordable living environment.

Impact

This information is meant to be a general summary of Peninsula Housing Development Inc Viii Blue Lagoon Apartments. Please take the time to review official sources before making any decisions based upon the content provided here.




Wednesday, July 24, 2024

Peninsula Housing Development Inc Viii Blue Lagoon Apartments has had a significant impact on the community by providing affordable housing facilities to elderly persons in Miami, Florida. Through its development, ownership, and operation of a HUD 202 project, this organization has addressed a critical need for housing among this vulnerable demographic. By offering safe and affordable housing options, Peninsula Housing Development Inc Viii Blue Lagoon Apartments has improved the quality of life for elderly individuals who may have limited means. This impact contributes to the overall well-being and stability of the community, ensuring that elderly residents have access to suitable living conditions.





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: $161
  • Program Service Revenue: $600,405
  • Gross Receipts: $600,566

    • Assets and Liabilities:
  • Total Assets: $3,618,608
  • Total Liabilities: $7,373,040
  • Net Assets: -$3,754,432
  • Programs

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

    RENTAL INCOME

    Revenue

    $272,869

    LAUNDRY

    Revenue

    $6,570

    MISCELLANEOUS INCOME

    Revenue

    $420

    Organization Details

    Founding Year

    1995

    Principal Officer

    Guarione M Diaz

    Main Address

    1223 SW 4TH STREET 2ND FLOOR, MIAMI, FL, 331352407

    NTEE Category

    Code: L21 - Housing

    If you are a representative of Peninsula Housing Development Inc Viii Blue Lagoon Apartments 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.