Southern Tier Foundation Inc

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

EIN: 134267938 ✦ Dunkirk, NY ✦ Designated as a 501(c)(3)

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Overview

What is Southern Tier Foundation Inc?

Southern Tier Foundation Inc is a nonprofit organization situated in Dunkirk, New York, with a focus on alleviating housing issues for low-income individuals. They are dedicated to developing and providing affordable residential housing projects, aiming to ease the burden of poor and distressed individuals within the community. Their mission is clear: to create and manage affordable living spaces for families in need.

Is Southern Tier Foundation Inc legitimate?

Southern Tier Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Southern Tier Foundation 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: $1,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Southern Tier Foundation Inc?

The Southern Tier Foundation Inc's mission is centered around alleviating the living circumstances of economically disadvantaged individuals. They accomplish this by developing and providing low-income residential housing projects. This initiative aims to provide relief for distressed people, contributing to a more equitable living environment for these communities. The foundation's activities are primarily focused on constructing and managing affordable housing projects, thereby enhancing the quality of life for low-income families.

Who is the CEO of Southern Tier Foundation Inc?

Thomas J Whitney is the President of Southern Tier Foundation Inc.

What is the revenue of Southern Tier Foundation Inc?

Southern Tier Foundation Inc's revenue in 2023 was $171,012.

Who are the executives of Southern Tier Foundation Inc and what are their salaries?


Here are 2 key members and their salaries:


Thomas J Whitney (President)
  • Compensation: $1,200
  • Related: $0
  • Other: $0
Shelly Freyn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Southern Tier Foundation Inc?

Southern Tier Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Southern Tier Foundation Inc

Southern Tier Foundation Inc, a nonprofit organization, is committed to a mission that aims to alleviate the housing struggles of low-income families. Their primary goal is to develop and provide affordable residential housing projects, offering relief to distressed individuals. By doing so, they work tirelessly to improve the living conditions of those who are economically disadvantaged, providing them with a decent and safe place to call home.

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Impact




October, 2024

Southern Tier Foundation Inc significantly impacts the community by providing and developing affordable housing for low-income families. With a primary focus on creating low-income residential housing projects, the organization aims to alleviate the hardships faced by poor and distressed individuals in Dunkirk, NY. Through its initiatives, it not only addresses the urgent need for safe and affordable living conditions but also contributes to the overall well-being of families, fostering stability and promoting economic growth within the community. By focusing on the essential need for housing, Southern Tier Foundation Inc plays a crucial role in enhancing the quality of life for those it serves.




This information is meant to be a general summary of Southern Tier Foundation 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.

Revenue
$171,012 (2023)
Expenses
$708,707 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Program Service Revenue: $171,012
  • Gross Receipts: $171,012

Assets and Liabilities:

  • Total Assets: $548,725
  • Total Liabilities: $250,259
  • Net Assets: $298,466

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Programs

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

PROJECT DEVELOPMENT LA

Revenue

$160,086

PROJECT DEVELOPMENT FE

Revenue

$10,926

Organization Details

Founding Year

2003

Principal Officer

Thomas J Whitney

Main Address

715 CENTRAL AVENUE, DUNKIRK, NY, 14048

NTEE Category

Code: L21 - Housing

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