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Dowling Housing Corp

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

EIN: 133723566 ✦ Sparkill, NY ✦ Designated as a 501(c)(3)

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Overview

What is Dowling Housing Corp?

Dowling Housing Corp is a nonprofit organization dedicated to promoting and sponsoring the development of affordable housing for senior citizens and individuals with disabilities. Located in Sparkill, New York, the organization holds a long-term lease to a residential building, offering senior citizen housing with amenities such as a dining area, community spaces, and laundry facilities. Beyond housing, Dowling Housing Corp also provides essential services, including case management, to assist these individuals with their specific needs. The organization's primary mission is to enhance the quality of life for elderly and handicapped individuals by providing them with safe and comfortable living environments.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 79% (Three-Star out of Four Star Rating)

Dowling Housing Corp has received a Three-Star rating from Charity Navigator, indicating a solid score of 79%. This rating is derived entirely from its Accountability & Finance metrics, which reflect the organization's commitment to transparency and effective financial practices. The high score suggests that the nonprofit manages its resources responsibly, ensuring that donations are utilized effectively.

The organization demonstrates strong governance, with a fully independent board comprising four members, which contributes positively to its overall accountability. Additionally, Dowling Housing Corp has established comprehensive policies for conflict of interest, whistleblowing, and document retention, indicating a dedication to ethical practices and organizational integrity.

However, while the financial ratio for program expenses is commendable at 100%, the overall score primarily reflects a single beacon score. This focus on Accountability & Finance may not provide a complete picture of the organization's impact or effectiveness in achieving its mission. Thus, prospective donors should consider this alongside other aspects of the nonprofit's work.


This AI summary has been generated from information found on Charity Navigator.

Is Dowling Housing Corp legitimate?

Dowling Housing Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dowling Housing Corp 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: $0

For more financial information, click here

What is the mission statement of Dowling Housing Corp?

Dowling Housing Corp is dedicated to promoting and sponsoring the development of affordable housing for elderly and disabled individuals. This organization extends its services beyond just housing, offering related assistance such as case management to cater to their specific needs. Furthermore, Dowling Housing Corp holds a long-term lease to a residential building, providing senior citizen housing with communal dining areas, indoor and outdoor community spaces, and laundry facilities. The core objective of the corporation is to enhance livability for individuals with limited income, ensuring they can live with dignity and independence.

Who is the CEO of Dowling Housing Corp?

Matthew Janeczko is the Treasurer of Dowling Housing Corp.

What is the revenue of Dowling Housing Corp?

Dowling Housing Corp's revenue in 2022 was $12,574.

Who are the executives of Dowling Housing Corp and what are their salaries?


Here are 4 key members and their salaries:


Maryann Summa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aileen Donovan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lesley Block (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matthew Janeczko (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Dowling Housing Corp?

Dowling Housing Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Dowling Housing Corp

Dowling Housing Corp is dedicated to promoting and sponsoring the development of affordable housing for elderly and handicapped individuals. This non-profit organization goes beyond providing just housing; it also offers related services to cater to the unique needs of its residents. One of the ways Dowling Housing Corp achieves this is by leasing a residential building in Sparkill, NY. This building offers senior citizen housing, complete with amenities such as a central dining area, indoor and outdoor community spaces, and laundry facilities. The organization's commitment to its mission extends to offering case management services, providing additional support and assistance to its residents. By doing so, Dowling Housing Corp plays a crucial role in improving the quality of life for its elderly and handicapped residents, enabling them to live independently and with dignity.

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Impact




August, 2024

Dowling Housing Corp's impact lies in promoting and sponsoring the development of low and moderate income housing for elderly and handicapped individuals. The organization also provides related services, such as case management services, to assist with their needs. Additionally, Dowling Housing Corp operates a residential building in Sparkill, NY, offering senior citizen housing with amenities like a central dining area, indoor and outdoor community spaces, and laundry facilities. Overall, Dowling Housing Corp plays a crucial role in addressing the housing needs of vulnerable populations and enhancing their quality of life.




This information is meant to be a general summary of Dowling Housing Corp. 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
$12,574 (2022)
Expenses
$278,257 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$197,845
  • Program Service Revenue: $191,666
  • Gross Receipts: $12,574

Assets and Liabilities:

  • Total Assets: $7,716,905
  • Total Liabilities: $12,503,617
  • Net Assets: -$4,786,712

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Programs

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

PARTNERSHIP MANAGEMENT FEE

Revenue

$85,044

DIRECT FINANCING LEASE

Revenue

$106,622

Organization Details

Founding Year

1993

Principal Officer

Matthew Janeczko

Main Address

6 THORPE DRIVE, SPARKILL, NY, 10976

NTEE Category

Code: P190 - Human services

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