Overview
What is Bishop John R Mcgann Senior Housing Development Fund Co Inc?
Bishop John R Mcgann Senior Housing Development Fund Co Inc is a not-for-profit organization situated in Hickville, New York. The core mission of this organization is to offer affordable housing solutions for individuals with limited means. Specifically, they manage 125 units in Central Islp, New York, where there is a scarcity of adequate housing options. The organization operates a Section 202 HUD multi-family housing project, which is specifically designed for the elderly. Their primary goal is to provide affordable housing for eligible low-income families and individuals, contributing positively to their community.
Is Bishop John R Mcgann Senior Housing Development Fund Co Inc legitimate?
Bishop John R Mcgann Senior Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bishop John R Mcgann Senior 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.
Here are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $131,665
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Mission Statement of Bishop John R Mcgann Senior Housing Development Fund Co Inc
Bishop John R Mcgann Senior Housing Development Fund Co Inc, as a not-for-profit organization, is committed to providing affordable housing for eligible low-income families and individuals. The company's mission is to address the housing needs of individuals with limited means, as there is a lack of adequate housing options available for them. Through its Section 202 HUD multifamily housing project, Bishop John R Mcgann Senior Housing Development Fund Co Inc offers 125 units of affordable rental housing, contributing to the well-being of the community.
Impact
This information is meant to be a general summary of Bishop John R Mcgann Senior Housing Development Fund Co Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Bishop John R Mcgann Senior Housing Development Fund Co Inc's impact lies in providing essential affordable housing for the elderly in Central Islip, New York. By owning and operating a Section 202 HUD multifamily housing project, the organization offers 125 units of affordable rental housing for individuals of limited means. This initiative addresses the critical lack of adequate housing options for low-income seniors in the area, enabling them to live in a safe and supportive environment. Consequently, Bishop John R Mcgann Senior Housing Development Fund Co Inc plays a crucial role in enhancing the quality of life for elderly residents and fulfilling its mission of providing affordable housing for eligible low-income families and individuals.
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.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SUBSIDY REVENUE
Revenue
$635,596
PROGRAM SERVICE REVENU
Revenue
$488,771
Organization Details
Founding Year
1998
Phone
(516) 733-7032
Principal Officer
Richard Balcom
Main Address
90 CHERRY LANE, HICKSVILLE, NY, 118016232
NTEE Category
Code: L22Z - Housing
If you are a representative of Bishop John R Mcgann Senior Housing Development Fund Co Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.