Overview
What is Fort Schuyler House Inc?
Fort Schuyler House Inc is a nonprofit organization committed to offering affordable housing solutions for low-income senior citizens. The organization receives financial assistance from the U.S. Department of Housing and Urban Development (HUD) and the New York State government, specifically under Section 236. This support allows Fort Schuyler House Inc to subsidize housing for elderly residents, ensuring they can maintain a comfortable living environment. Additionally, the nonprofit provides financial aid for housing-related expenses for these senior citizens.
Official website here: www.fortschuylerhouse.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 33%, Zero-Star out of Four Star rating.
Fort Schuyler House Inc has received a low rating of 33% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. While the organization boasts a fully independent board, there are critical gaps in its financial transparency, such as the absence of financial statements and missing policies for conflict of interest and whistleblower protections.
The charity has shown some strengths, particularly in governance, with a fully independent board and documented board meeting minutes. However, the lack of financial documentation and a low program expense ratio of 28.82% raises red flags about its operational efficiency and commitment to its mission.
Overall, the significant shortcomings in financial reporting and policy transparency overshadow the organization's governance strengths. This low rating suggests that potential donors and supporters should be cautious and seek further information about the charity's financial practices and impact.
This AI summary has been generated from information found on Charity Navigator.
Is Fort Schuyler House Inc legitimate?
Fort Schuyler House Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fort Schuyler House 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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Official website here: www.fortschuylerhouse.com
What is the mission statement of Fort Schuyler House Inc?
Fort Schuyler House Inc's mission is centered around providing affordable housing solutions for low-income senior citizens. This is achieved through subsidies from both HUD and NYS under Section 236. Additionally, the organization extends financial support to facilitate housing for this elderly population.
Official website here: www.fortschuylerhouse.com
Who is the CEO of Fort Schuyler House Inc?
John G Murphy is the Excutive Director of Fort Schuyler House Inc.
Official website here: www.fortschuylerhouse.com
What is the revenue of Fort Schuyler House Inc?
Fort Schuyler House Inc's revenue in 2022 was $1,022,635.
Official website here: www.fortschuylerhouse.com
Who are the executives of Fort Schuyler House Inc and what are their salaries?
There 9 volunteers at Fort Schuyler House Inc.
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Official website here: www.fortschuylerhouse.com
Where can I find the form 990 for Fort Schuyler House Inc?
Fort Schuyler House Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fortschuylerhouse.com
Learn more at the official website: www.fortschuylerhouse.com
Mission Statement of Fort Schuyler House Inc
Fort Schuyler House Inc is dedicated to providing affordable housing solutions for low-income senior citizens. With support from both the U.S. Department of Housing and Urban Development (HUD) and the New York State government under Section 236, the organization offers subsidized housing. Furthermore, Fort Schuyler House Inc extends its mission by offering financial assistance to ensure that senior citizens have access to suitable housing.
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Impact
August, 2024
Fort Schuyler House Inc's impact primarily revolves around providing affordable housing for low-income senior citizens. By offering subsidized housing through programs such as HUD and NYS Section 236, the organization plays a crucial role in ensuring that seniors have a safe and affordable place to live. This support enables seniors to maintain their independence and quality of life despite financial constraints. Ultimately, Fort Schuyler House Inc's work contributes to addressing issues of housing affordability and promoting the wellbeing of senior citizens in the Bronx, NY area.
This information is meant to be a general summary of Fort Schuyler House 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: $1,022,635
- Gross Receipts: $1,022,635
Assets and Liabilities:
- Total Assets: $26,524,605
- Total Liabilities: $4,088
- Net Assets: $26,520,517
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Other Income
Revenue
$2,341
SELLER NOTE INTEREST
Revenue
$1,013,654
PROMISSORY NOTE INTEREST
Revenue
$6,640
Organization Details
Founding Year
1968
Phone
(718) 597-4100Principal Officer
John G Murphy
Main Address
3077 CROSS BRONX EXPRESSWAY, BRONX, NY, 10465
Website
www.fortschuylerhouse.comNTEE Category
Code: L22Z - Housing
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