Overview
What is Semiperm Housing Development Fund Corporation?
Semiperm Housing Development Fund Corporation is a nonprofit organization situated in New York City, specifically at 247 W 37th Street, 4th Floor. Its primary mission is to provide affordable housing and supportive services to low-income, formerly homeless single-parent families, enabling them to transition towards independent living. The organization operates a 36,000-square-foot residential building, housing 24 units. Semiperm collaborates with Settlement Housing Fund, Inc., its affiliated parent organization, to secure labor services needed for its operations. The organization reimburses SHF for the wages it pays for these services, contributing to its mission of offering sustainable housing solutions.
Official website here: www.settlementhousingfund.org
Is Semiperm Housing Development Fund Corporation legitimate?
Semiperm Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Semiperm 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: $0
For more financial information, click here
Official website here: www.settlementhousingfund.org
What is the mission statement of Semiperm Housing Development Fund Corporation?
The Semiperm Housing Development Fund Corporation's mission is centered around providing low-income, affordable housing for formerly homeless single parent families. This organization goes beyond just housing, offering supportive services to help these families prepare for independent living. The corporation receives labor assistance from its affiliated parent organization, Settlement Housing Fund, Inc., for which it reimburses the wage costs. The main objective is to equip these families with the necessary resources to lead self-sufficient lives. The organization operates a residential building, spanning over 36,000 square feet, housing 24 units.
Official website here: www.settlementhousingfund.org
Who is the CEO of Semiperm Housing Development Fund Corporation?
Alexa Sewell is the President of Semiperm Housing Development Fund Corporation.
Official website here: www.settlementhousingfund.org
What is the revenue of Semiperm Housing Development Fund Corporation?
Semiperm Housing Development Fund Corporation's revenue in 2022 was $406,928.
Official website here: www.settlementhousingfund.org
Who are the executives of Semiperm Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $286,870
- Other: $37,820
- Compensation: $0
- Related: $124,221
- Other: $38,578
- Compensation: $0
- Related: $167,946
- Other: $14,671
Official website here: www.settlementhousingfund.org
Where can I find the form 990 for Semiperm Housing Development Fund Corporation?
Semiperm Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.settlementhousingfund.org
Learn more at the official website: www.settlementhousingfund.org
Mission Statement of Semiperm Housing Development Fund Corporation
Semiperm Housing Development Fund Corporation is dedicated to providing low-income, affordable housing for formerly homeless single parent families. This nonprofit organization's mission is to equip these families with supportive services, ultimately preparing them for independent living. The corporation accomplishes this by reimbursing its affiliated parent organization, Settlement Housing Fund, Inc., for the labor costs associated with these services. This unique collaborative approach allows Semiperm Housing Development Fund Corporation to offer a 36,000 square foot residential building, consisting of 24 units, providing a secure living space for these families as they embark on their journey towards self-sufficiency.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Semiperm Housing Development Fund Corporation plays a vital role in addressing the housing needs of formerly homeless single-parent families. By providing low-income affordable housing, it significantly alleviates the hardships these families face in securing stable living conditions.
The organization operates a 36,000 square foot residential facility comprising 24 units, specifically designed to offer supportive housing. This not only provides a roof over their heads but also creates a nurturing environment that fosters personal growth and stability. Through its supportive services, Semiperm equips families with the necessary tools and resources to transition towards independent living, effectively breaking the cycle of homelessness.
Additionally, by collaborating with Settlement Housing Fund, Inc. for labor services, Semiperm manages to enhance its operational efficiency while ensuring that the families receive the comprehensive support they need. This collaborative approach strengthens the overall impact of the organization, creating a ripple effect that benefits the broader community by reducing homelessness and empowering families to thrive.
This information is meant to be a general summary of Semiperm 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.
- Program Service Revenue: $403,833
- Gross Receipts: $406,928
Assets and Liabilities:
- Total Assets: $5,864,796
- Total Liabilities: $96,463
- Net Assets: $5,768,333
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$403,833
Organization Details
Founding Year
2006
Phone
(212) 265-6530Principal Officer
Alexa Sewell
Main Address
247 W 37TH STREET 4TH FL, NEW YORK, NY, 10018
NTEE Category
Code: L21 - Housing
If you are a representative of Semiperm Housing Development Fund Corporation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.