Overview
What is Sjmc Senior Housing Development Fund Corporation?
SJMC Senior Housing Development Fund Corporation is a nonprofit organization situated in Yonkers, New York. Its primary mission is to offer housing solutions for the elderly and handicapped individuals, aiming to provide them with a secure living environment. The organization's activities are centered around this mission, ensuring the well-being and housing needs of this specific demographic are met.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star Rating
Sjmc Senior Housing Development Fund Corporation has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial management. The rating is based solely on their Accountability & Finance score, highlighting their commitment to transparent operations and responsible stewardship of funds.
The organization excels in various governance aspects, with a fully independent board and strong auditing practices. They score perfectly in areas such as conflict of interest and whistleblower policies, which demonstrates a robust framework for ethical oversight. Additionally, they maintain a high program expense ratio of 83.77%, reflecting their dedication to utilizing funds effectively for their intended mission.
While the overall score is commendable, it is worth noting that the rating comes from a single beacon score, which might limit the broader assessment of the organization's impact. However, the high standards in governance and financial accountability suggest a responsible organization committed to its goals.
This AI summary has been generated from information found on Charity Navigator.
Is Sjmc Senior Housing Development Fund Corporation legitimate?
Sjmc Senior Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sjmc Senior 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: $272,064
For more financial information, click here
What is the mission statement of Sjmc Senior Housing Development Fund Corporation?
The mission of Sjmc Senior Housing Development Fund Corporation, as a retirement home or senior housing program, is centered around providing housing solutions for the elderly and individuals with disabilities. This organization is committed to offering a living environment that caters to the needs of its elderly and handicapped residents, ensuring they have a comfortable and suitable place to call home.
Who is the CEO of Sjmc Senior Housing Development Fund Corporation?
James J Landy is the President of Sjmc Senior Housing Development Fund Corporation.
What is the revenue of Sjmc Senior Housing Development Fund Corporation?
Sjmc Senior Housing Development Fund Corporation's revenue in 2022 was $1,316,454.
Who are the executives of Sjmc Senior Housing Development Fund Corporation and what are their salaries?
The average compensation at Sjmc Senior Housing Development Fund Corporation during 2022 was $90,688. There are 3 employees at Sjmc Senior Housing Development Fund Corporation.
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Where can I find the form 990 for Sjmc Senior Housing Development Fund Corporation?
Sjmc Senior Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sjmc Senior Housing Development Fund Corporation
Sjmc Senior Housing Development Fund Corporation, a nonprofit organization, is dedicated to providing housing solutions for the elderly and handicapped. Their mission is to offer a secure living environment for individuals who fall under these categories, ensuring they can live with dignity and independence. By focusing on this specific demographic, Sjmc Senior Housing Development Fund Corporation aims to contribute positively to the well-being and quality of life for these individuals.
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Impact
October, 2024
Sjmc Senior Housing Development Fund Corporation plays a crucial role in addressing the housing needs of the elderly and handicapped in Yonkers, NY. By providing dedicated housing options, it ensures that vulnerable populations have access to safe, affordable, and supportive living environments. This organization fosters a sense of community and belonging for its residents, contributing to their overall quality of life and well-being. The focus on this demographic not only alleviates housing insecurity but also promotes independence and dignity among seniors and individuals with disabilities. Through its efforts, Sjmc Senior Housing Development Fund Corporation significantly impacts the local landscape, creating a more inclusive and supportive environment for those in need.
This information is meant to be a general summary of Sjmc Senior 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: $1,149
- Program Service Revenue: $908,885
- Gross Receipts: $1,316,454
Assets and Liabilities:
- Total Assets: $7,901,995
- Total Liabilities: $12,186,073
- Net Assets: -$4,284,078
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING ASSISTANCE PAY
Revenue
$625,411
PROGRAM SERVICES REVEN
Revenue
$279,164
GARAGE AND PARKING SPA
Revenue
$4,310
Organization Details
Founding Year
2000
Phone
(914) 969-6159Principal Officer
James J Landy
Main Address
122 SOUTH BROADWAY, YONKERS, NY, 10701
NTEE Category
Code: L22 - Housing
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