Overview
What is Graceland Terrace Housing Developme Fund Corp?
Graceland Terrace Housing Development Fund Corp is a nonprofit organization situated in Port Chester, New York. Its primary mission is to provide housing accommodations for individuals and families with low income, as per the guidelines set by Section 2 of the Private Housing Finance Law. This mission is fulfilled through an 80-unit apartment building located in the Village of Port Chester, Westchester County. The organization's focus is on ensuring affordable housing solutions for those in need.
Is Graceland Terrace Housing Developme Fund Corp legitimate?
Graceland Terrace Housing Developme Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Graceland Terrace Housing Developme Fund Corp 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: $40,450
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What is the mission statement of Graceland Terrace Housing Developme Fund Corp?
Graceland Terrace Housing Development Fund Corporation is committed to providing housing accommodations for individuals and families of low income, as defined by Section 2 of the Private Housing Finance Law. Their mission is reflected in the operation of an 80-unit apartment building, located in a specific village in New York. The corporation's primary goal is to contribute to affordable housing solutions, catering to those who fall under the income criteria specified by the law. This initiative aims to provide a stable living environment for those in need.
Who is the CEO of Graceland Terrace Housing Developme Fund Corp?
Robert Lepore is the Director of Graceland Terrace Housing Developme Fund Corp.
What is the revenue of Graceland Terrace Housing Developme Fund Corp?
Graceland Terrace Housing Developme Fund Corp's revenue in 2023 was $150,256.
Who are the executives of Graceland Terrace Housing Developme Fund Corp and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Graceland Terrace Housing Developme Fund Corp?
Graceland Terrace Housing Developme Fund Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Graceland Terrace Housing Developme Fund Corp
Graceland Terrace Housing Development Fund Corp is an organization dedicated to providing housing accommodations for individuals and families of low income, as per the guidelines set in Section 2 of the Private Housing Finance Law. Their mission is to offer a living space for these individuals, materializing in an 80-unit apartment building, strategically located in Portchester, Westchester County, New York. This nonprofit corporation aims to make housing accessible for those who fall under the designated income bracket, thereby contributing to a more equitable living environment.
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Impact
October, 2024
Graceland Terrace Housing Development Fund Corp provides critical housing accommodations for low-income individuals and families in Port Chester, New York. Its impact is significant, as it offers 80 units of affordable housing, addressing a pressing need in the community. By providing accessible living spaces, the organization enhances the stability and quality of life for residents who may otherwise struggle to find affordable options in a competitive housing market. This contribution not only aids families in achieving personal stability but also fosters a sense of community, promoting social cohesion and economic mobility among those it serves. Through these efforts, Graceland Terrace plays a vital role in combating housing insecurity in the region.
This information is meant to be a general summary of Graceland Terrace Housing Developme Fund Corp. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $10,438
- Gross Receipts: $1,288,695
Assets and Liabilities:
- Total Assets: $1,963,765
- Total Liabilities: $73,707
- Net Assets: $1,890,058
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Organization Details
Founding Year
2004
Phone
(914) 241-3550Principal Officer
Robert Lepore
Main Address
180 GRACE CHURCH STREET, PORT CHESTER, NY, 10573
NTEE Category
Code: L22 - Housing
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