Overview
What is Casabe Housing Development Fund Cor?
Casabe Housing Development Fund Cor is a nonprofit organization, established in accordance with New York's Private Housing Finance Law and Not-for-Profit Corporation Law. Its primary mission is to develop affordable housing for senior citizens with low income, receiving support through federally aided mortgages. The organization provides social services to the elderly community in the area, contributing to the community's overall welfare.
Is Casabe Housing Development Fund Cor legitimate?
Casabe Housing Development Fund Cor is a legitimate nonprofit organization registered as a 501(c)(3) entity. Casabe Housing Development Fund Cor 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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What is the mission statement of Casabe Housing Development Fund Cor?
The Casabe Housing Development Fund Corp. was established with a specific purpose, incorporating under Article XI of the Private Housing Finance Law and the Not-for-Profit Corporation Law of New York. Its primary mission is to develop a senior citizen's housing project, catering to individuals of low income. This project is supported by a federally aided mortgage, as defined in Section 572 of the Private Housing Finance Law of New York. The organization's goal is to provide housing solutions for this particular demographic, contributing to the overall well-being and living conditions of senior citizens with limited financial means.
Who is the CEO of Casabe Housing Development Fund Cor?
Frank Quiles is the Chair of Casabe Housing Development Fund Cor.
What is the revenue of Casabe Housing Development Fund Cor?
Casabe Housing Development Fund Cor's revenue in 2022 was $389,394.
Who are the executives of Casabe Housing Development Fund Cor 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 Casabe Housing Development Fund Cor?
Casabe Housing Development Fund Cor's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Casabe Housing Development Fund Cor
Casabe Housing Development Fund Cor, established in accordance with New York's Private Housing Finance Law and Not-for-Profit Corporation Law, was formed with a specific mission. This mission involves the development of a housing project primarily for senior citizens who fall under the category of low-income individuals. The corporation is backed by a federally aided mortgage, as defined in Section 572 of the Private Housing Finance Law of New York State. In essence, Casabe Housing Development Fund Cor is dedicated to providing suitable living arrangements for elderly individuals with limited financial resources.
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Impact
October, 2024
Casabe Housing Development Fund Corporation significantly impacts the lives of low-income elderly residents in New York by focusing on the development of affordable housing specifically tailored to meet their needs. By creating safe and stable living environments, the organization addresses the critical shortage of accessible housing options for seniors in the community.
In addition to housing, Casabe provides essential social services to its elderly residents, enhancing their quality of life and promoting overall well-being. Through tailored support programs, the organization helps seniors maintain independence while fostering a sense of community.
By integrating affordable housing with social services, Casabe contributes to improving the living conditions of seniors, ensuring they have both a place to live and the resources necessary to thrive in their later years. This multifaceted approach not only alleviates housing insecurity but also supports the social and emotional needs of vulnerable populations, making a lasting impact on the community.
This information is meant to be a general summary of Casabe Housing Development Fund Cor. 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: $389,394
- Gross Receipts: $542,274
Assets and Liabilities:
- Total Assets: $6,161,290
- Total Liabilities: $15,000
- Net Assets: $6,146,290
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Organization Details
Founding Year
1981
Phone
(212) 410-6030Principal Officer
Frank Quiles
Main Address
150 EAST 121ST STREET, NEW YORK, NY, 10035
NTEE Category
Code: L21 - Housing
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