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Peninsula Housing Development Inc Xi Sierra Lakes Apartments

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

EIN: 650650918 ✦ Miami, FL ✦ Designated as a 501(c)(3)

Overview

What is Peninsula Housing Development Inc Xi Sierra Lakes Apartments?

Peninsula Housing Development Inc Xi Sierra Lakes Apartments is a nonprofit organization, established in Florida, with a mission to provide affordable housing facilities specifically designed for the elderly populace. Incorporated under the state's laws and statutes, the organization operates a HUD 202 project, which is its primary activity. This project focuses on developing, owning, and managing affordable living spaces for senior citizens, ensuring they have access to suitable housing options.


Is Peninsula Housing Development Inc Xi Sierra Lakes Apartments legitimate?

Peninsula Housing Development Inc Xi Sierra Lakes Apartments is a legitimate nonprofit organization registered as a 501(c)(3) entity. Peninsula Housing Development Inc Xi Sierra Lakes 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: $84,799

For more financial information, click here


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

Mission Statement of Peninsula Housing Development Inc Xi Sierra Lakes Apartments

Peninsula Housing Development Inc Xi Sierra Lakes Apartments is a nonprofit organization incorporated under the laws and statutes of Florida. Its primary mission is to develop, own, and operate affordable housing facilities catering to elderly individuals. This mission is carried out through a HUD 202 project, which provides suitable living spaces for the elderly population. By offering affordable housing facilities, the organization aims to contribute to the well-being of the elderly, ensuring they can live with dignity and independence.

Impact

This information is meant to be a general summary of Peninsula Housing Development Inc Xi Sierra Lakes 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's Sierra Lakes Apartments has a significant impact on the community by providing affordable housing facilities to elderly persons in Miami, Florida. This initiative plays a crucial role in addressing the housing needs of the elderly population, ensuring they have access to safe and affordable living environments. By offering housing options that are tailored to suit the needs of seniors, Peninsula Housing Development Inc contributes to enhancing the quality of life for this demographic group. Ultimately, through its mission to provide affordable housing for the elderly, Peninsula Housing Development Inc Xi Sierra Lakes Apartments positively impacts the well-being and security of the elderly population in Miami.





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: $221
  • Program Service Revenue: $512,975
  • Gross Receipts: $513,196

    • Assets and Liabilities:
  • Total Assets: $2,443,965
  • Total Liabilities: $5,458,154
  • Net Assets: -$3,014,189
  • Programs

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

    TENANTS' RENT

    Revenue

    $195,221

    LAUNDRY & VENDING

    Revenue

    $3,670

    Organization Details

    Founding Year

    1996

    Principal Officer

    Guarione M Diaz

    Main Address

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

    NTEE Category

    Code: L20 - Housing

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