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Upper South Street Housing Dev Fund Co Inc

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

EIN: 112622794 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Upper South Street Housing Dev Fund Co Inc?

Upper South Street Housing Dev Fund Co Inc is a nonprofit organization situated in East Syracuse, New York. Its primary focus is to provide affordable housing for the elderly, acting as a senior citizens' housing and retirement community. The organization achieves this by renting out low-income apartments, catering specifically to this age group. By doing so, it contributes to the welfare and comfort of the elderly community within its vicinity.


Official website here: www.episcopalseniorlife.org

Is Upper South Street Housing Dev Fund Co Inc legitimate?

Upper South Street Housing Dev Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Upper South Street Housing Dev Fund Co 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: $51,962

For more financial information, click here


Official website here: www.episcopalseniorlife.org

What is the mission statement of Upper South Street Housing Dev Fund Co Inc?

The Upper South Street Housing Development Fund Company's mission is focused on providing affordable housing for elderly individuals. By renting out low-income apartments, this organization serves as a senior citizens housing and retirement community, aiming to support the elderly population in maintaining a comfortable living environment. The company's activities are centered around catering to the needs of the elderly, thereby contributing to their well-being and quality of life.


Official website here: www.episcopalseniorlife.org

Who is the CEO of Upper South Street Housing Dev Fund Co Inc?

Lisa J Marcello is the CEO of Upper South Street Housing Dev Fund Co Inc The CEO's salary of Upper South Street Housing Dev Fund Co Inc is $0 and their total compensation is $349,538.


Official website here: www.episcopalseniorlife.org

What is the revenue of Upper South Street Housing Dev Fund Co Inc?

Upper South Street Housing Dev Fund Co Inc's revenue in 2023 was $363,246.


Official website here: www.episcopalseniorlife.org

Who are the executives of Upper South Street Housing Dev Fund Co Inc and what are their salaries?

There 9 volunteers at Upper South Street Housing Dev Fund Co Inc.

Here are 4 key members and their salaries (Upper South Street Housing Dev Fund Co Inc's CEO's salary is $0 and their total compensation is $349,538):


Lisa J Marcello (President/Ceo)
  • Compensation: $0
  • Related: $300,228
  • Other: $49,310
Jessica Thomsen (Cfo/Treasurer)
  • Compensation: $0
  • Related: $131,773
  • Other: $13,924
Richard Yates (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melissa Wendland (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.episcopalseniorlife.org

Where can I find the form 990 for Upper South Street Housing Dev Fund Co Inc?

Upper South Street Housing Dev Fund Co Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.episcopalseniorlife.org

Learn more at the official website: www.episcopalseniorlife.org

Mission Statement of Upper South Street Housing Dev Fund Co Inc

Upper South Street Housing Development Fund Co Inc, as a nonprofit organization, is dedicated to providing affordable living accommodations for elderly individuals. Serving as a senior citizens housing and retirement community, this institution rents low-income apartments, offering a comfortable living space for its residents. The Upper South Street Housing Development Fund's mission is to cater specifically to the elderly population, ensuring they have access to safe and affordable housing. By doing so, the organization contributes positively to the well-being and quality of life for this age group.

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Impact




October, 2024

Upper South Street Housing Development Fund Co Inc significantly impacts the community by providing low-income housing specifically tailored for elderly individuals in East Syracuse, NY. By offering affordable apartments, it addresses a critical need for senior citizens who may face financial constraints and require a supportive living environment. This initiative not only ensures that elderly residents have access to safe and comfortable housing but also fosters a sense of community among seniors, enhancing their quality of life. By operating as a housing and retirement community organization, it plays a vital role in promoting stability and well-being for a vulnerable population.




This information is meant to be a general summary of Upper South Street Housing Dev Fund Co 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
$363,246 (2023)
Expenses
$296,139 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $2,026
  • Program Service Revenue: $361,220
  • Gross Receipts: $363,246

Assets and Liabilities:

  • Total Assets: $814,110
  • Total Liabilities: $1,303,585
  • Net Assets: -$489,475

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Programs

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

RENTAL INCOME

Revenue

$359,229

LAUNDRY & TENANT CHARG

Revenue

$1,991

Organization Details

Founding Year

1983

Principal Officer

Lisa J Marcello

NTEE Category

Code: L22Z - Housing

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