Overview
What is St Thomas Episcopal Senior Citizens Housing Development Fund Corporation?
St. Thomas Episcopal Senior Citizens Housing Development Fund Corporation is a nonprofit organization located in Brooklyn, New York, at 1405 Bushwick Avenue. Their primary mission is to support elderly and handicapped individuals of low income by providing them with 103 apartment units. The organization is actively engaged in developing housing facilities and services specifically catering to this demographic. With a staff of three individuals, they work tirelessly to ensure the availability of comfortable living spaces for those in need.
What are the reviews and ratings of this charity?
Charity Navigator rating: 79% (Three-Star out of Four Star rating)
St Thomas Episcopal Senior Citizens Housing Development Fund Corporation has received a solid rating of 79%, indicating a commendable level of accountability and financial health. The organization excels in several key areas, notably having a fully independent board and a strong program expense ratio, which demonstrates a commitment to channeling resources effectively into its programs.
The organization scored exceptionally high in its financial statements audit, indicating transparency and proper financial oversight. Furthermore, it maintains a favorable liabilities to assets ratio, suggesting that it manages its financial obligations well. These strengths contribute to the nonprofit's overall reliability and effectiveness in serving its community.
However, while the overall scores reflect positively on the organization, there may be room for improvement in areas such as increasing program outreach or diversifying funding sources. The current performance indicates a stable foundation, but continued growth and adaptation could enhance its impact further.
This AI summary has been generated from information found on Charity Navigator.
Is St Thomas Episcopal Senior Citizens Housing Development Fund Corporation legitimate?
St Thomas Episcopal Senior Citizens Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Thomas Episcopal Senior Citizens Housing Development Fund Corporation 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: $202,428
For more financial information, click here
What is the mission statement of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation?
The St. Thomas Episcopal Senior Citizens Housing Development Fund Corporation is dedicated to a mission of developing housing facilities and services for elderly and handicapped individuals of low income. Their primary objective is to provide 103 units of low-income housing for this specific group of people. This commitment to affordable and accessible housing aims to enhance the lives of these individuals, providing them with a suitable living environment.
Who is the CEO of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation?
Rev Sully Guillaume-Sam is the President of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation.
What is the revenue of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation?
St Thomas Episcopal Senior Citizens Housing Development Fund Corporation's revenue in 2022 was $2,274,570.
Who are the executives of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation and what are their salaries?
The average compensation at St Thomas Episcopal Senior Citizens Housing Development Fund Corporation during 2022 was $67,476. There are 3 employees and 3 volunteers at St Thomas Episcopal Senior Citizens Housing Development Fund Corporation.
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for St Thomas Episcopal Senior Citizens Housing Development Fund Corporation?
St Thomas Episcopal Senior Citizens Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation
St. Thomas Episcopal Senior Citizens Housing Development Fund Corporation is a dedicated organization with a mission to develop housing facilities and services for elderly and handicapped individuals of low income. Their primary objective is to provide 103 apartment units of affordable housing for this specific demographic, ensuring that they have a safe and comfortable living environment. By offering these units, the corporation aims to contribute to the well-being and independence of elderly and handicapped individuals, empowering them to lead fulfilling lives with dignity.
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Impact
August, 2024
St Thomas Episcopal Senior Citizens Housing Development Fund Corporation has a significant impact on the community by providing 103 apartment units of low-income housing to elderly and handicapped individuals in Brooklyn, NY. Through their efforts, they offer a safe and affordable living environment for those in need, thereby contributing to the well-being and quality of life for this vulnerable population. Their commitment to developing housing facilities and services specifically tailored to meet the needs of the elderly and handicapped persons of low income demonstrates their dedication to addressing critical societal issues and making a positive difference in the lives of those they serve.
This information is meant to be a general summary of St Thomas Episcopal Senior Citizens Housing Development Fund Corporation. 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: $1,815
- Program Service Revenue: $351,939
- Gross Receipts: $2,274,570
Assets and Liabilities:
- Total Assets: $1,571,672
- Total Liabilities: $798,184
- Net Assets: $773,488
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$351,939
Organization Details
Founding Year
1979
Phone
(718) 452-2332Principal Officer
Rev Sully Guillaume-Sam
Main Address
1405 BUSHWICK AVENUE, BROOKLYN, NY, 11207
NTEE Category
Code: L220 - Housing
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