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Parkside Housing Development Fund Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 133526582 ✦ Staten island, NY ✦ Designated as a 501(c)(3)

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Overview

What is Parkside Housing Development Fund Company Inc?

Parkside Housing Development Fund Company Inc, located at 160 Heberton Avenue, Staten Island, NY 10302, is a nonprofit organization dedicated to addressing the housing needs of low-income individuals, particularly senior citizens. The company's primary mission is to develop and operate a low-income housing project, providing suitable accommodations for those in need. With a modest workforce of one dedicated employee, Parkside Housing Development Fund Company Inc contributes to improving the living conditions of elderly residents in the community.

Is Parkside Housing Development Fund Company Inc legitimate?

Parkside Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Parkside 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:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $38,700

For more financial information, click here

What is the mission statement of Parkside Housing Development Fund Company Inc?

Parkside Housing Development Fund Company Inc's mission involves developing and operating a low-income housing project specifically for senior citizens. Their primary goal is to address the lack of adequate housing for this demographic, ensuring they have a place to live comfortably. This project aims to provide a housing solution for individuals with limited financial means, enhancing their quality of life in their later years.

Who is the CEO of Parkside Housing Development Fund Company Inc?

Kathleen Bielsa is the President of Parkside Housing Development Fund Company Inc.

What is the revenue of Parkside Housing Development Fund Company Inc?

Parkside Housing Development Fund Company Inc's revenue in 2022 was $451,369.

Who are the executives of Parkside Housing Development Fund Company Inc and what are their salaries?

The average compensation at Parkside Housing Development Fund Company Inc during 2022 was $38,700. There is 1 employee at Parkside Housing Development Fund Company Inc.


Here are 3 key members and their salaries:


Linda Demartinis (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Bielsa (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Fusco (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Parkside Housing Development Fund Company Inc?

Parkside Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Parkside Housing Development Fund Company Inc

Parkside Housing Development Fund Company Inc is committed to developing and operating a low-income housing project specifically designed for senior citizens. Their mission is to address the housing needs of individuals who are financially disadvantaged and lack adequate housing options. The organization aims to develop a housing project that caters to this demographic, providing a safe and suitable living environment for elderly individuals who may not have such resources otherwise.

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Impact




October, 2024

Parkside Housing Development Fund Company Inc significantly impacts the Staten Island community by developing and operating low-income housing specifically tailored for senior citizens. This initiative addresses the critical need for affordable housing in an area where adequate options are scarce, providing a safe and supportive environment for individuals who may otherwise struggle to find suitable accommodation. By focusing on the unique needs of seniors, Parkside not only enhances their quality of life but also fosters a sense of community and belonging among residents. The project contributes to alleviating housing insecurity for low-income seniors, promoting their well-being and independence in a challenging housing market.




This information is meant to be a general summary of Parkside 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.

Revenue
$451,369 (2022)
Expenses
$574,800 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $6,251
  • Program Service Revenue: $440,152
  • Gross Receipts: $451,369

Assets and Liabilities:

  • Total Assets: $3,191,594
  • Total Liabilities: $2,630,889
  • Net Assets: $560,705

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$440,152

Organization Details

Principal Officer

Kathleen Bielsa

Main Address

160 HEBERTON AVENUE, STATEN ISLAND, NY, 10302

NTEE Category

Code: L20Z - Housing

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