St John Urban Development Corporation C/O Phoenix Management Corp

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

EIN: 060834802 ✦ Stamford, CT ✦ Designated as a 501(c)(4)

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Overview

What is St John Urban Development Corporation C/O Phoenix Management Corp?

St John Urban Development Corporation C/O Phoenix Management Corp is a nonprofit organization situated in Stamford, Connecticut, specifically at 101 Tressor Boulevard. Their primary mission is to provide affordable housing to lower and moderate-income individuals. By offering rental properties, this organization not only assists families with housing needs but also contributes to the urban development of the surrounding area. With a team of eight dedicated employees, they strive to make a positive impact in the community by addressing housing affordability issues.

Is St John Urban Development Corporation C/O Phoenix Management Corp legitimate?

St John Urban Development Corporation C/O Phoenix Management Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. St John Urban Development Corporation C/O Phoenix Management 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: $350,127

For more financial information, click here

What is the mission statement of St John Urban Development Corporation C/O Phoenix Management Corp?

The St John Urban Development Corporation, under the management of Phoenix Management Corp, is committed to providing affordable housing options for lower-income families. As part of their mission, they also contribute to the urban development of the surrounding area. Their primary activity revolves around renting housing units to individuals falling under the categories of lower and moderate income. This organization plays a significant role in making affordable housing accessible to a portion of the population, thereby contributing to a more equitable society.

Who is the CEO of St John Urban Development Corporation C/O Phoenix Management Corp?

John Regan is the Secretary And Director of St John Urban Development Corporation C/O Phoenix Management Corp.

What is the revenue of St John Urban Development Corporation C/O Phoenix Management Corp?

St John Urban Development Corporation C/O Phoenix Management Corp's revenue in 2023 was $3,054,164.

Who are the executives of St John Urban Development Corporation C/O Phoenix Management Corp and what are their salaries?

The average compensation at St John Urban Development Corporation C/O Phoenix Management Corp during 2023 was $43,766. There are 8 employees at St John Urban Development Corporation C/O Phoenix Management Corp.


Here are 9 key members and their salaries:


Annie Summerville Mcallister (Secretary And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Guarnieri (Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rt Reverend Stephen M Gigiovanni (Director Emeritus)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Ryan Lane (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Salvatore Cingari (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John P Regan (Chairman And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Joseph Macaleer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Larabina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Virginia Fox (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St John Urban Development Corporation C/O Phoenix Management Corp?

St John Urban Development Corporation C/O Phoenix Management Corp's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St John Urban Development Corporation C/O Phoenix Management Corp

St. John Urban Development Corporation, under the leadership of Phoenix Management Corp, is dedicated to a mission that encompasses two key areas. Primarily, the organization focuses on providing affordable housing solutions for lower-income families. By doing so, it contributes to the urban development of the surrounding area. In a more specific context, St. John Urban Development Corporation engages in the rental of housing units, catering to individuals who fall under the categories of lower and moderate income. This mission is critical in addressing the housing needs of a significant portion of the population, thereby contributing to a more equitable and inclusive community.

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Impact




October, 2024

St John Urban Development Corporation C/O Phoenix Management Corp plays a crucial role in enhancing the quality of life for lower and moderate-income families in Stamford, CT. By focusing on the provision of affordable housing, it addresses a significant community need, ensuring that individuals and families have access to safe and stable living environments.

The corporation actively engages in the rental of housing, making it affordable for those who might otherwise struggle to find suitable accommodations in the urban landscape. This effort not only supports residents but also contributes to the revitalization and development of the surrounding area, fostering a sense of community and stability.

Through its mission, St John Urban Development Corporation positively impacts local socio-economic conditions, helping to bridge the gap for families seeking affordable housing solutions in an increasingly competitive market.




This information is meant to be a general summary of St John Urban Development Corporation C/O Phoenix Management 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.

Revenue
$3,054,164 (2023)
Expenses
$2,511,522 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $22,213
  • Program Service Revenue: $2,997,156
  • Gross Receipts: $3,054,164

Assets and Liabilities:

  • Total Assets: $8,726,344
  • Total Liabilities: $1,775,730
  • Net Assets: $6,950,614

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Programs

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

RENT INCOME

Revenue

$2,997,156

Organization Details

Founding Year

1966

Principal Officer

John Regan

Main Address

101 TRESSER BOULEVARD, STAMFORD, CT, 06901

NTEE Category

Code: L20 - Housing

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