Overview
What is St Hedwigs Gardens Housing Development Fund Company Inc?
St. Hedwigs Gardens Housing Development Fund Company Inc is a nonprofit organization situated in Hicksville, New York, specifically at 90 Cherry Lane, Floral Park. Their primary mission is to provide affordable housing for the local community, operating a 27-unit project in Floral Park. They operate on a not-for-profit basis, ensuring that housing remains accessible to low-income residents. The company's commitment to this cause is evident in their work, providing a much-needed service within their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Stars
St Hedwigs Gardens Housing Development Fund Company Inc has received a rating of 79%, which corresponds to a Three-Star designation. This score is focused entirely on the Accountability & Finance aspect of the organization, indicating a strong emphasis on responsible financial management and transparency.
The charity demonstrates notable strengths, including a completely independent board of members, which is critical for maintaining objectivity and integrity in governance. They have also shown no material diversion of assets, and their policies on conflicts of interest, whistleblower protections, and document retention are all well-documented and in place, reflecting a robust framework for accountability.
However, while the organization excels in financial practices, the overall rating is solely derived from the Accountability & Finance beacon. This suggests that additional metrics related to impact or program effectiveness may not be available or evaluated. Therefore, potential donors should consider this factor when assessing the charity's overall mission and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is St Hedwigs Gardens Housing Development Fund Company Inc legitimate?
St Hedwigs Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Hedwigs Gardens Housing Development Fund 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:
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Other Salaries and Wages: $0
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What is the mission statement of St Hedwigs Gardens Housing Development Fund Company Inc?
St. Hedwigs Gardens Housing Development Fund Company Inc has a mission to provide affordable housing for individuals with low income on a not-for-profit basis. This mission is carried out through the creation and operation of a 27-unit housing project, as demonstrated by their project in Floral Park, New York. The company's objective is to contribute positively to the community by offering housing solutions that cater to individuals who may otherwise struggle to secure adequate housing. The company's mission reflects a commitment to social responsibility and equitable housing opportunities.
Who is the CEO of St Hedwigs Gardens Housing Development Fund Company Inc?
Laura A Cassell is the President of St Hedwigs Gardens Housing Development Fund Company Inc.
What is the revenue of St Hedwigs Gardens Housing Development Fund Company Inc?
St Hedwigs Gardens Housing Development Fund Company Inc's revenue in 2022 was $100.
Who are the executives of St Hedwigs Gardens Housing Development Fund Company Inc and what are their salaries?
Here are 8 key members and their salaries:
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Where can I find the form 990 for St Hedwigs Gardens Housing Development Fund Company Inc?
St Hedwigs Gardens Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Hedwigs Gardens Housing Development Fund Company Inc
St. Hedwigs Gardens Housing Development Fund Company Inc is committed to providing low-income housing solutions for the community on a not-for-profit basis. This mission is fulfilled through the operation of a 27-unit housing project, located in Floral Park, New York. By offering affordable housing options, the organization aims to make a positive impact on the lives of its residents, promoting a sense of community and social equality. The company's mission is a testament to its dedication to addressing housing needs and contributing to a more equitable society.
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Impact
October, 2024
St Hedwigs Gardens Housing Development Fund Company Inc plays a significant role in addressing the housing needs of low-income residents in Floral Park, New York. By creating and operating a 27-unit low-income housing project, it provides essential support to individuals and families who may struggle to find affordable housing in the area.
The impact of this organization is multifaceted. Firstly, it helps to alleviate housing insecurity, allowing residents to have a stable place to live. This stability can lead to improved overall wellbeing and quality of life. Additionally, by focusing on low-income housing, the organization contributes to the community’s socioeconomic diversity, ensuring that residents from various backgrounds can thrive in the same environment.
Moreover, this initiative fosters a sense of community among residents, who share similar challenges and experiences. By facilitating interactions and support networks, St Hedwigs Gardens encourages a cooperative atmosphere that can enhance social cohesion.
In essence, St Hedwigs Gardens Housing Development Fund Company Inc not only fulfills a critical housing need but also contributes to the social fabric of the community by promoting inclusion and stability for low-income individuals and families.
This information is meant to be a general summary of St Hedwigs Gardens Housing Development Fund 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 2022.
- Program Service Revenue: $100
- Gross Receipts: $100
Assets and Liabilities:
- Total Assets: $167,394
- Total Liabilities: $1,167,077
- Net Assets: -$999,683
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP MGMT FEE
Revenue
$100
Organization Details
Founding Year
1996
Phone
(516) 733-7032Principal Officer
Laura A Cassell
Main Address
90 CHERRY LANE, HICKSVILLE, NY, 118016232
NTEE Category
Code: L21 - Housing
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