Overview
What is Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc?
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc is an affiliate of The New Jewish Home, a healthcare organization. They are dedicated to providing safe and affordable independent living for income-eligible older adults, through their project, the Harry and Jeanette Weinberg Riverdale House. Located at 6477 Broadway, Riverdale NY, 10471, this building is a HUD Section 202 rent-subsidized apartment building for low-income seniors. The establishment of this building was made possible by a grant from the Harry and Jeanette Weinberg Foundation, a significant private foundation in the United States, known for supporting not-for-profits that serve low-income and vulnerable individuals and families.
Official website here: www.jewishhome.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating).
The Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc has received a solid Three-Star rating, indicating a generally favorable evaluation of its accountability and financial practices. The charity's score reflects a strong emphasis on governance, with 85% of its board members being independent, which enhances its credibility and oversight.
Significantly, the organization has scored full marks in key areas such as its audit and oversight committee, conflict of interest policy, and whistleblower policy. Additionally, its program expense ratio is impressive at 88.30%, suggesting that a substantial portion of its resources is directed toward its mission rather than administrative costs.
While the overall rating is positive, it is important to note that the organization's evaluation is based solely on accountability and finance metrics. There is no assessment of its programmatic effectiveness or impact on the community, which could provide a more comprehensive understanding of its performance.
This AI summary has been generated from information found on Charity Navigator.
Is Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc legitimate?
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Harry & Jeanette Weinberg Riverdale Housing Development Fund Co 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: $0
For more financial information, click here
Official website here: www.jewishhome.org
What is the mission statement of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc?
The Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc is dedicated to providing safe and affordable independent living for income-eligible older adults. This organization, an affiliate of Jewish Home Lifecare, was one of the first to offer subsidized housing for independent elders with supportive services. The Riverdale House, their initiative, is a HUD Section 202 rent-subsidized apartment building, specifically designed for low-income seniors. The building offers secure living, housing 63 one-bedroom apartments. The establishment of this housing project was made possible through a grant from the Harry and Jeanette Weinberg Foundation, a significant private foundation in the United States that supports not-for-profits providing services to low-income and vulnerable individuals and families.
Official website here: www.jewishhome.org
Who is the CEO of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc?
Jeffrey Farber Md is the President And Ceo of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc. The CEO's salary of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc is $0 and their total compensation is $1,114,550.
Official website here: www.jewishhome.org
What is the revenue of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc?
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc's revenue in 2022 was $950,136.
Official website here: www.jewishhome.org
Who are the executives of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc and what are their salaries?
There 6 volunteers at Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc.
Here are 8 key members and their salaries (Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc's CEO's salary is $0 and their total compensation is $1,114,550):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $1,033,795
- Other: $80,755
- 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: $0
- Related: $495,741
- Other: $28,521
Official website here: www.jewishhome.org
Where can I find the form 990 for Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc?
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.jewishhome.org
Learn more at the official website: www.jewishhome.org
Mission Statement of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc, a not-for-profit organization, is dedicated to providing safe and affordable independent living for income-eligible older adults. This mission aligns with the purpose of the Harry and Jeanette Weinberg Riverdale House, a building operated by the organization. The establishment serves as an affiliate of Jewish Home Lifecare, one of the pioneers in offering subsidized housing for independent elders with supportive services. The Riverdale House is a HUD Section 202 rent-subsidized apartment building, specifically designed for low-income seniors, featuring 63 one-bedroom apartments. The construction of this building was made possible by a grant from the Harry and Jeanette Weinberg Foundation, a significant private foundation in the United States that supports not-for-profits offering services to low-income and vulnerable individuals and families.
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Impact
October, 2024
Harry & Jeanette Weinberg Riverdale Housing Development Fund Co Inc significantly enhances the quality of life for income-eligible older adults by providing safe and affordable independent living. The Riverdale House, as it is known, features 63 one-bedroom apartments specifically designed for low-income seniors, ensuring they have a secure living environment in a supportive community.
As an affiliate of Jewish Home Lifecare, the Riverdale House is part of a broader mission to address the needs of vulnerable populations through subsidized housing complemented by essential supportive services. The establishment of this housing development was made possible through a grant from the Harry and Jeanette Weinberg Foundation, underscoring the commitment to improve the lives of low-income individuals and families.
By offering subsidized rent through the HUD Section 202 program, the Riverdale House not only alleviates the burden of housing costs for seniors but also promotes independence and dignity in their later years. This initiative plays a crucial role in fostering a sense of community and belonging among residents, ultimately contributing to their overall well-being.
This information is meant to be a general summary of Harry & Jeanette Weinberg Riverdale Housing Development Fund Co 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.
- Investment Income: $12,325
- Program Service Revenue: $934,974
- Gross Receipts: $950,136
Assets and Liabilities:
- Total Assets: $5,106,983
- Total Liabilities: $6,989,649
- Net Assets: -$1,882,666
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$934,974
Organization Details
Founding Year
1995
Phone
(212) 870-5000Principal Officer
Jeffrey Farber Md
Main Address
120 WEST 106TH ST, NEW YORK, NY, 10025
Website
www.jewishhome.orgNTEE Category
Code: L200 - Housing
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