Overview
What is Senior Citizens Housing Committeeinc?
Senior Citizens Housing Committeeinc is a nonprofit organization located in Greenlawn, New York, dedicated to managing and improving low-income senior housing units for its affiliates. In 2022, they undertook various improvements such as renovating bathrooms, installing new gazebos, and upgrading the sewage treatment plant. The organization also oversees all work done by contractors, ensuring high-quality results. With a focus on senior services, they provide daily management, operational, and engineering support for the sewage treatment plant. The nonprofit is actively seeking new senior housing projects and has set aside funds for the buyout of two existing affiliates at the expiration of their limited partnerships. Overall, Senior Citizens Housing Committeeinc is committed to enhancing the living conditions and services for low-income senior citizens.
Official website here: www.schcinc.org
Is Senior Citizens Housing Committeeinc legitimate?
Senior Citizens Housing Committeeinc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Senior Citizens Housing Committeeinc 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: $742,793
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.schcinc.org
What is the mission statement of Senior Citizens Housing Committeeinc?
The Senior Citizens Housing Committeeinc's mission involves seeking, acquiring, renovating, and managing rental housing units for low-income senior citizens. This is done in accordance with guidelines set by HUD and LIHTC, allowing these senior citizens to qualify for the HUD HAP subsidy. The organization owns the rental units through its not-for-profit affiliates, overseen by a common board of directors. Additionally, the committee provides senior services and capital improvements for the residents of related housing projects, and actively searches for new senior citizen housing projects to procure.
Official website here: www.schcinc.org
Who is the CEO of Senior Citizens Housing Committeeinc?
William Davidson is the President of Senior Citizens Housing Committeeinc.
Official website here: www.schcinc.org
What is the revenue of Senior Citizens Housing Committeeinc?
Senior Citizens Housing Committeeinc's revenue in 2022 was $1,592,393.
Official website here: www.schcinc.org
Who are the executives of Senior Citizens Housing Committeeinc and what are their salaries?
The average compensation at Senior Citizens Housing Committeeinc during 2022 was $106,113. There are 7 employees at Senior Citizens Housing Committeeinc.
Here are 8 key members and their salaries:
- Compensation: $232,380
- Related: $0
- Other: $0
- Compensation: $41,975
- Related: $8,351
- Other: $0
- Compensation: $29,281
- Related: $20,475
- Other: $0
- Compensation: $109,376
- Related: $0
- Other: $0
- Compensation: $143,690
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $177,740
- Related: $28,200
- Other: $0
Official website here: www.schcinc.org
Where can I find the form 990 for Senior Citizens Housing Committeeinc?
Senior Citizens Housing Committeeinc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.schcinc.org
Learn more at the official website: www.schcinc.org
Mission Statement of Senior Citizens Housing Committeeinc
Senior Citizens Housing Committee, Inc., is committed to seeking, acquiring, renovating, managing, and financing rental housing units for low-income senior citizens. This nonprofit organization adheres to guidelines approved under HUD and/or LIHTC, ensuring that eligible senior citizens can secure the HUD HAP subsidy. The rental housing units owned by the organization's not-for-profit affiliates are managed with a shared board of directors. The primary mission of Senior Citizens Housing Committee, Inc., is to develop, manage, and maintain senior citizen housing projects, currently consisting of 362 units across five projects in three locations. The organization actively seeks out new senior citizen housing projects to procure, with a focus on providing senior services and capital improvements for the residents of related not-for-profit housing projects. By fulfilling this mission, Senior Citizens Housing Committee, Inc., contributes to the well-being and living conditions of low-income senior citizens in the community.
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Impact
October, 2024
Senior Citizens Housing Committeeinc significantly enhances the quality of life for low-income senior citizens by planning, developing, and managing affordable housing projects. With a focus on providing 362 housing units across five distinct projects in three locations, the Committee actively seeks out new opportunities to expand these essential services.
By remodeling and upgrading existing facilities, such as the renovation of bathrooms and the installation of new roofs at various properties, they ensure that living conditions are both safe and pleasant for residents. In 2022 alone, the organization invested over $300,000 in capital improvements, demonstrating a strong commitment to maintaining and enhancing the living environment for seniors.
In addition to physical upgrades, the Committee also plays a critical role in managing essential services, such as overseeing the daily operations of a sewage treatment plant that services multiple senior housing projects. This operational oversight not only ensures compliance and functionality but also reduces the risk of disruptions that could adversely impact residents' lives.
Furthermore, they are proactive in seeking private financing and federal funding to support their projects, allowing them to continually expand their reach and improve the infrastructure that supports senior citizens within the community. With plans to reserve significant funds for future buyouts of housing affiliates, they are positioning themselves to maintain stability and control over housing resources.
Thus, the impact of Senior Citizens Housing Committeeinc can be seen in the secured housing options, ongoing maintenance and upgrades, and the provision of necessary services that support a dignified and comfortable living experience for low-income seniors.
This information is meant to be a general summary of Senior Citizens Housing Committeeinc. 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 2022.
- Investment Income: -$29,058
- Program Service Revenue: $270,000
- Gross Receipts: $5,214,732
Assets and Liabilities:
- Total Assets: $15,036,130
- Total Liabilities: $45,131
- Net Assets: $14,990,999
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING
Revenue
$270,000
Organization Details
Founding Year
1971
Phone
(631) 262-0101Principal Officer
William Davidson
Main Address
650 PAUMANACK VILLAGE DRIVE, GREENLAWN, NY, 11740
Website
www.schcinc.orgNTEE Category
Code: L22 - Housing
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