Mount St Mary's Housing Development Fund Company Inc

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

EIN: 010736732 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mount St Mary's Housing Development Fund Company Inc?

Mount St Mary's Housing Development Fund Company Inc is a nonprofit organization dedicated to serving the needs of low-income elderly and handicapped individuals. Their primary mission is to provide housing facilities that cater to their physical, social, and psychological needs, ensuring a comfortable living environment. The company delivers this service with a focus on enhancing the overall quality of life for these individuals.

Is Mount St Mary's Housing Development Fund Company Inc legitimate?

Mount St Mary's Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mount St Mary's 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $69,525

For more financial information, click here

What is the mission statement of Mount St Mary's Housing Development Fund Company Inc?

Mount St Mary's Housing Development Fund Company Inc is dedicated to providing low-income housing services and facilities. Their mission is to address the holistic needs of elderly and handicapped individuals, encompassing their physical, social, and psychological well-being. The company strives to create an environment that caters to the unique needs of these individuals, ensuring they live with dignity and independence.

What is the revenue of Mount St Mary's Housing Development Fund Company Inc?

Mount St Mary's Housing Development Fund Company Inc's revenue in 2024 was $339,114.

Who are the executives of Mount St Mary's Housing Development Fund Company Inc and what are their salaries?

Here are 7 key members and their salaries:


Deacon Steve Schumer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Peter Karalus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Potzler (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Most Rev Michael W Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Goods (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Mccarrick Osf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Gress (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mount St Mary's Housing Development Fund Company Inc?

Mount St Mary's Housing Development Fund Company Inc's most recent form 990 was submitted in 2024 and can be accessed here.

Mission Statement of Mount St Mary's Housing Development Fund Company Inc

Mount St Mary's Housing Development Fund Company Inc is committed to providing low-income housing solutions that address the comprehensive needs of elderly and handicapped individuals. This nonprofit organization goes beyond providing mere shelter, recognizing the importance of catering to the physical, social, and psychological well-being of its residents. By offering housing services and facilities tailored to this specific demographic, Mount St Mary's Housing Development Fund Company Inc aims to create an environment that fosters dignity, independence, and a sense of community for its residents.

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Impact




October, 2024

Mount St Mary's Housing Development Fund Company Inc significantly impacts the community by providing essential low-income housing services tailored to the needs of elderly and handicapped individuals. Located in Buffalo, NY, the organization addresses both the physical and social challenges faced by these vulnerable populations, ensuring they have access to secure and supportive living environments.

By focusing on the unique requirements of its residents, the company creates facilities that not only offer shelter but also promote psychological well-being and social engagement. This holistic approach enhances the quality of life for individuals who may otherwise struggle to find adequate housing, fostering a sense of community and improving overall health outcomes. Through its efforts, Mount St Mary's Housing Development Fund Company plays a critical role in alleviating housing insecurity and supporting the independent living of those in need.




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


Financials

This financial information is from Propublica.

Revenue
$339,114 (2024)
Expenses
$396,189 (2024)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2024.

  • Investment Income: $8,938
  • Program Service Revenue: $328,136
  • Gross Receipts: $339,114

Assets and Liabilities:

  • Total Assets: $3,246,599
  • Total Liabilities: $629,475
  • Net Assets: $2,617,124

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Programs

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

RENTAL INCOME

Revenue

$125,242

COMMERCIAL RENT

Revenue

$116,069

TENANT ASSISTANCE PAYM

Revenue

$86,825

Organization Details

Founding Year

2001

Principal Officer

Deacon Steve Schumer

NTEE Category

Code: L22 - Housing

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