Overview
What is Hsc No 2 Housing Development Fund Co Inc?
Hsc No 2 Housing Development Fund Co Inc is a nonprofit organization focused on senior citizen housing. Based in Greenlawn, New York, their mission is to identify and acquire suitable locations for low-income senior housing units. They aim to update and improve existing facilities under their affiliates, as well as acquire land for future projects. The organization seeks funding through various means, including low-income housing credits and federal funding, to construct and renovate these senior housing units. Ultimately, their goal is to provide eligible low-income senior citizens with the opportunity to qualify for Section 8 assistance.
Is Hsc No 2 Housing Development Fund Co Inc legitimate?
Hsc No 2 Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hsc No 2 Housing Development 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: $0
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What is the mission statement of Hsc No 2 Housing Development Fund Co Inc?
Hsc No 2 Housing Development Fund Co Inc's mission is centered around providing senior citizen housing projects. They strive to identify, acquire, renovate, and finance rental housing units for low-income senior citizens, adhering to guidelines set by HUD. Their objective is to enable these senior citizens to qualify for Section 8 assistance. The company actively seeks potential locations, improves and updates existing affordable housing units for senior citizens owned by affiliates, acquires land, and plans for the development of new senior citizen housing units. They also pursue private and state financing through low-income housing credits and federal funding for the construction and renovation of these housing units.
Who is the CEO of Hsc No 2 Housing Development Fund Co Inc?
William Davidson is the President of Hsc No 2 Housing Development Fund Co Inc.
What is the revenue of Hsc No 2 Housing Development Fund Co Inc?
Hsc No 2 Housing Development Fund Co Inc's revenue in 2022 was $3,278.
Who are the executives of Hsc No 2 Housing Development Fund Co Inc and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $232,380
- Other: $0
- Compensation: $0
- Related: $143,690
- Other: $0
- Compensation: $0
- Related: $49,756
- Other: $0
- Compensation: $0
- Related: $109,376
- Other: $0
- Compensation: $0
- Related: $50,326
- Other: $0
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- Other: $0
- Compensation: $0
- Related: $205,940
- Other: $0
Where can I find the form 990 for Hsc No 2 Housing Development Fund Co Inc?
Hsc No 2 Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hsc No 2 Housing Development Fund Co Inc
Hsc No 2 Housing Development Fund Co Inc is dedicated to providing planning and development of senior citizen housing projects. Their mission is centered around seeking, acquiring, renovating, and financing rental housing units for low-income senior citizens, ensuring they qualify for Section 8 assistance under HUD guidelines. The organization actively seeks out potential locations, works on improving and updating current low-income senior citizen housing units of affiliates, and acquires land. Furthermore, Hsc No 2 Housing Development Fund Co Inc plans for new low-income senior citizen housing units and seeks private and state financing through low-income housing credits and federal funding for construction and renovation of these units. Their ultimate goal is to provide decent and affordable living spaces for low-income senior citizens.
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Impact
August, 2024
HSC No 2 Housing Development Fund Co Inc's impact lies in its commitment to providing planning and development of senior citizen housing projects. By seeking out potential locations, improving and updating current low-income senior citizens housing units, acquiring land, and planning for low-income senior citizens housing units, the organization seeks to address the critical need for affordable housing for seniors. Through the utilization of private and state financing, low-income housing credits, and federal funding, HSC No 2 Housing Development Fund Co Inc plays a vital role in the construction and renovation of housing units for low-income senior citizens, enabling them to qualify for Section 8 assistance as defined and approved under HUD guidelines.
This information is meant to be a general summary of Hsc No 2 Housing Development 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,278
- Gross Receipts: $3,278
Assets and Liabilities:
- Total Assets: $3,384
- Total Liabilities: $3,278
- Net Assets: $106
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Organization Details
Founding Year
1983
Phone
(631) 262-0101Principal Officer
William Davidson
Main Address
650 PAUMANACK VILLAGE DRIVE, GREENLAWN, NY, 11740
NTEE Category
Code: L22 - Housing
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