Overview
What is Valley Dream Housing Company Inc?
Valley Dream Housing Company Inc, operating under the name Charles Monica Senior Village, is a nonprofit organization situated in Valley Stream, New York. It primarily focuses on providing affordable housing to senior citizens with low and moderate incomes, as determined by the U.S. Department of Housing and Urban Development (HUD). With a mission to enhance senior living, the company houses 191 seniors aged 62 and above in the incorporated village of Valley Stream. Their purpose is to offer residential apartment housing, ensuring a comfortable living environment for this specific demographic. The organization currently employs 11 individuals to fulfill its mission.
Is Valley Dream Housing Company Inc legitimate?
Valley Dream Housing Company Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Valley Dream Housing 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: $222,931
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Valley Dream Housing Company Inc?
Valley Dream Housing Company Inc's primary mission is to provide residential apartment housing for senior citizens with low and moderate incomes. This organization is dedicated to serving this specific demographic, ensuring they have access to suitable living accommodations. The corporation's purpose, as stated in its mission, is to furnish these apartments in a particular manner, though the specifics are not provided in the information. The organization currently provides housing for 191 low-income seniors aged 62 and above, with eligibility determined by the HUD (U.S. Department of Housing and Urban Development).
Who is the CEO of Valley Dream Housing Company Inc?
Pam Cappiello is the Executive Director of Valley Dream Housing Company Inc.
What is the revenue of Valley Dream Housing Company Inc?
Valley Dream Housing Company Inc's revenue in 2023 was $2,963,819.
Who are the executives of Valley Dream Housing Company Inc and what are their salaries?
The average compensation at Valley Dream Housing Company Inc during 2023 was $20,266. There are 11 employees at Valley Dream Housing Company Inc.
Here are 10 key members and their salaries:
- Compensation: $142,988
- Related: $0
- Other: $0
- Compensation: $79,943
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Valley Dream Housing Company Inc?
Valley Dream Housing Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Valley Dream Housing Company Inc
Valley Dream Housing Company Inc is committed to providing residential apartment housing for low and moderate income senior citizens. The organization's mission is centered around furnishing a safe and affordable living space for these individuals, ensuring they have a comfortable and secure environment to call home. By doing so, Valley Dream Housing Company Inc aims to contribute positively to the well-being of the senior community, providing them with the necessary support to maintain their independence and dignity. The corporation's purpose is to make a difference in the lives of these individuals, enhancing their quality of life and promoting a sense of community among them.
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Impact
October, 2024
Valley Dream Housing Company Inc plays a crucial role in addressing the housing needs of low and moderate-income senior citizens in Valley Stream, NY. By providing 191 apartments specifically designed for seniors aged 62 and over, the organization ensures that this vulnerable population has access to safe, affordable housing.
The impact of Valley Dream Housing extends beyond mere shelter; it fosters a sense of community and stability for residents. By meeting eligibility requirements set by the U.S. Department of Housing and Urban Development, the organization helps to alleviate the financial burdens faced by seniors, allowing them to focus on their well-being and quality of life.
In a broader sense, Valley Dream Housing Company contributes to the overall health of the community by promoting inclusive living arrangements that cater to the needs of elderly residents. This not only enhances individual lives but also strengthens the social fabric of Valley Stream, making it a more welcoming and supportive environment for seniors.
This information is meant to be a general summary of Valley Dream Housing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $444,587
- Program Service Revenue: $2,482,001
- Gross Receipts: $3,207,285
Assets and Liabilities:
- Total Assets: $21,422,097
- Total Liabilities: $978,633
- Net Assets: $20,443,464
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - SECTION 8
Revenue
$1,390,218
RENTAL INCOME - TENANTS
Revenue
$1,091,783
Organization Details
Founding Year
1974
Principal Officer
Pam Cappiello
Main Address
100 HICKS STREET, VALLEY STREAM, NY, 11580
NTEE Category
Code: L21 - Housing
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