Overview
What is George Daly Housing Development Fund Company Inc?
George Daly Housing Development Fund Company Inc is a nonprofit organization dedicated to providing transitional housing for the homeless, specifically individuals aged 45 and above. Their mission is to offer a supportive environment for these individuals, aiming to help them rebuild their lives. They operate a facility located at 269 East 4th Street in Manhattan, offering 88 units for transitional housing. The organization's services also include social rehabilitation programs to aid in the recovery and reintegration of these individuals into society.
Official website here: www.nyfsc.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
George Daly Housing Development Fund Company Inc has received a Three-Star rating from Charity Navigator, reflecting an Accountability & Finance score of 81%. This score indicates a solid level of transparency and responsible financial management, which is crucial for donor trust. The charity demonstrates strong governance with an independent board and comprehensive financial oversight.
The organization excels in several key areas, including having a fully independent board and no material diversion of assets. Their financial statements are subject to audit, ensuring accountability. Additionally, they have robust policies in place for conflict of interest and whistleblower protections, which further enhance their operational integrity.
However, while the financial management appears strong, the high salaries of key personnel may raise concerns among some donors regarding the allocation of funds within the organization. Overall, George Daly Housing Development Fund Company Inc is committed to accountability and transparency, making it a reliable choice for potential donors looking to support housing development initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is George Daly Housing Development Fund Company Inc legitimate?
George Daly Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. George Daly 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: $29,376
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,065,558
For more financial information, click here
Official website here: www.nyfsc.org
What is the mission statement of George Daly Housing Development Fund Company Inc?
George Daly Housing Development Fund Company Inc's mission is centered around providing transitional housing for individuals who are homeless and above the age of 45. This organization operates an apartment building specifically designed for this purpose, aiming to offer a temporary living solution during their rehabilitation process. The company's primary objective is to provide a secure and supportive environment that empowers these individuals to regain their footing and reintegrate into society.
Official website here: www.nyfsc.org
Who is the CEO of George Daly Housing Development Fund Company Inc?
Linda Hoffman is the Vice President of George Daly Housing Development Fund Company Inc. The CEO's salary of George Daly Housing Development Fund Company Inc is $16,093 and their total compensation is $724,062.
Official website here: www.nyfsc.org
What is the revenue of George Daly Housing Development Fund Company Inc?
George Daly Housing Development Fund Company Inc's revenue in 2022 was $2,206,490.
Official website here: www.nyfsc.org
Who are the executives of George Daly Housing Development Fund Company Inc and what are their salaries?
The average compensation at George Daly Housing Development Fund Company Inc during 2022 was $19,908. There are 55 employees and 4 volunteers at George Daly Housing Development Fund Company Inc.
Here are 10 key members and their salaries (George Daly Housing Development Fund Company Inc's CEO's salary is $16,093 and their total compensation is $724,062):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $16,093
- Related: $676,625
- Other: $31,344
- Compensation: $10,724
- Related: $274,876
- Other: $25,497
- Compensation: $0
- Related: $248,239
- Other: $25,497
- Compensation: $18,353
- Related: $182,324
- Other: $11,026
- Compensation: $20,586
- Related: $135,955
- Other: $8,955
- Compensation: $15,563
- Related: $103,954
- Other: $26,603
Official website here: www.nyfsc.org
Where can I find the form 990 for George Daly Housing Development Fund Company Inc?
George Daly Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.nyfsc.org
Learn more at the official website: www.nyfsc.org
Mission Statement of George Daly Housing Development Fund Company Inc
George Daly Housing Development Fund Company Inc, a nonprofit organization, is dedicated to providing transitional housing for the homeless individuals over the age of 45. The mission of this organization is to offer a safe and supportive environment where these individuals can rehabilitate and rebuild their lives. The organization operates an apartment building specifically designed for this purpose, providing temporary housing to help these individuals get back on their feet. By offering transitional housing, George Daly Housing Development Fund Company Inc aims to provide a stepping stone for its residents to eventually move towards more permanent housing and independence.
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Impact
August, 2024
The impact of George Daly Housing Development Fund Company Inc can be seen in its provision of transitional housing and social rehabilitation services for 88 homeless individuals over the age of 45 in Manhattan. By operating an apartment building dedicated to offering transitional housing, the organization plays a crucial role in addressing homelessness in the city. Through its mission to provide housing support for those in need, George Daly Housing Development Fund Company Inc contributes to the social rehabilitation and stability of vulnerable populations, ultimately helping individuals rebuild their lives and strive for a brighter future.
This information is meant to be a general summary of George Daly 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.
- Gross Receipts: $2,206,490
Assets and Liabilities:
- Total Assets: $222,435
- Total Liabilities: $202,280
- Net Assets: $20,155
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Organization Details
Founding Year
1988
Phone
(212) 962-7653Principal Officer
Linda Hoffman
Main Address
11 PARK PLACE 1416, NEW YORK, NY, 10007
Website
www.nyfsc.orgNTEE Category
Code: L41 - Housing
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