Overview
What is Nelson Senior Housing Development Fund Corp?
Nelson Senior Housing Development Fund Corp is a nonprofit organization situated in Bronx, New York. Their primary focus is on developing and investing in affordable housing projects, particularly for senior citizens and retirement communities. Utilizing low income housing tax credits, they strive to provide suitable housing solutions for this demographic, contributing to their well-being and quality of life.
Is Nelson Senior Housing Development Fund Corp legitimate?
Nelson Senior Housing Development Fund Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Nelson Senior Housing Development Fund 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.
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What is the mission statement of Nelson Senior Housing Development Fund Corp?
Nelson Senior Housing Development Fund Corporation is dedicated to the development of affordable housing, with a focus on senior citizens and retirement communities. The organization invests in low-income housing tax credit projects to provide suitable living spaces for individuals with limited financial means. By specializing in this sector, Nelson Senior Housing Development Fund Corporation aims to contribute to the community by offering housing options that cater to the unique needs of senior citizens.
Who is the CEO of Nelson Senior Housing Development Fund Corp?
Kobina Arhin is the Chair/President of Nelson Senior Housing Development Fund Corp.
What is the revenue of Nelson Senior Housing Development Fund Corp?
Nelson Senior Housing Development Fund Corp's revenue in 2022 was $0.
Who are the executives of Nelson Senior Housing Development Fund Corp and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Nelson Senior Housing Development Fund Corp?
Nelson Senior Housing Development Fund Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Nelson Senior Housing Development Fund Corp
Nelson Senior Housing Development Fund Corp, as a mission-driven organization, is dedicated to the development of low-income housing. With a special focus on senior citizens and retirement communities, this corporation invests in low-income housing tax credit projects. The organization's primary objective is to provide affordable housing solutions for the elderly population, ensuring they can live comfortably and securely. By investing in these projects, Nelson Senior Housing Development Fund Corp contributes to the creation of well-maintained and safe living environments for seniors, thereby enhancing their quality of life.
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Impact
October, 2024
Nelson Senior Housing Development Fund Corp plays a crucial role in addressing the need for affordable housing for senior citizens. By focusing on the development of low-income housing, the organization contributes significantly to creating safe and accessible living environments for older adults.
The impact of this initiative is multifaceted. Firstly, it helps alleviate housing insecurity among seniors who may be on fixed incomes and struggle to afford adequate living conditions. By investing in low-income housing tax credit projects, the organization enhances the availability of affordable housing options, allowing more elderly individuals to secure stable homes.
Additionally, Nelson Senior Housing Development Fund Corp specializes in designing housing that meets the specific needs of senior citizens. This focus not only promotes comfortable living but also fosters a sense of community and belonging among residents. The retirement communities developed by the organization encourage social interaction and provide essential resources that support the well-being of seniors.
Located in the Bronx, NY, the organization's efforts directly benefit the local community, enhancing the quality of life for elderly residents. By prioritizing housing development for seniors, Nelson Senior Housing Development Fund Corp makes a significant impact on both individual lives and the broader community, ensuring that elderly citizens have access to the housing they need to thrive.
This information is meant to be a general summary of Nelson Senior Housing Development Fund 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
Assets and Liabilities:
- Total Assets: $2,500
- Total Liabilities: $2,500
- Net Assets: $0
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Organization Details
Founding Year
2001
Phone
(718) 293-3110Principal Officer
Kobina Arhin
Main Address
1465 NELSON AVENUE, BRONX, NY, 10452
NTEE Category
Code: L20 - Housing
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