Overview
What is Fellowship Fund For The Aged Housing Co?
Fellowship Fund For The Aged Housing Co is a nonprofit organization situated in New York City, specifically at 520 8th Avenue, 5th Floor. Their primary mission is to provide affordable housing for low-income senior citizens. They accomplish this by obtaining promissory notes from a related party, using the funds for this purpose. In essence, they dedicate their resources to ensuring that elderly individuals with limited financial means can reside in a suitable living environment.
Is Fellowship Fund For The Aged Housing Co legitimate?
Fellowship Fund For The Aged Housing Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fellowship Fund For The Aged Housing Co 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
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What is the mission statement of Fellowship Fund For The Aged Housing Co?
The Fellowship Fund For The Aged Housing Co's mission is centered around supporting subsidized housing for low-income senior citizens. This organization aims to provide affordable living accommodations for this specific demographic, ensuring they have access to comfortable and suitable homes. The funding for this initiative comes from a related party, with the primary purpose being the provision of affordable housing. The organization's activities are focused on meeting the housing needs of elderly individuals with limited financial resources.
Who is the CEO of Fellowship Fund For The Aged Housing Co?
Stuart C Kaplan is the President/Ceo/Director of Fellowship Fund For The Aged Housing Co. The CEO's salary of Fellowship Fund For The Aged Housing Co is $0 and their total compensation is $1,101,576.
What is the revenue of Fellowship Fund For The Aged Housing Co?
Fellowship Fund For The Aged Housing Co's revenue in 2022 was $304,232.
Who are the executives of Fellowship Fund For The Aged Housing Co and what are their salaries?
There 5 volunteers at Fellowship Fund For The Aged Housing Co.
Here are 5 key members and their salaries (Fellowship Fund For The Aged Housing Co's CEO's salary is $0 and their total compensation is $1,101,576):
- Compensation: $0
- Related: $1,023,017
- Other: $78,559
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Fellowship Fund For The Aged Housing Co?
Fellowship Fund For The Aged Housing Co's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Fellowship Fund For The Aged Housing Co
Fellowship Fund for the Aged Housing Co is dedicated to supporting subsidized housing for low-income senior citizens. The organization's mission is centered around providing affordable living accommodations for this specific demographic, aiming to alleviate housing-related burdens. To fulfill this mission, the nonprofit has obtained promissory notes from a related party, utilizing the funds for this noble cause. By doing so, Fellowship Fund for the Aged Housing Co plays a significant role in ensuring that senior citizens, who may be economically disadvantaged, can live with dignity and security, regardless of their financial circumstances.
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Impact
October, 2024
Fellowship Fund For The Aged Housing Co plays a crucial role in providing affordable housing for low-income senior citizens in New York. By supporting subsidized housing initiatives, the organization helps to alleviate the financial burden faced by elderly individuals and ensures that they have access to safe and stable living conditions. The organization manages promissory notes from a related party, which facilitates the funding necessary for creating and maintaining these housing options. This commitment not only addresses the immediate housing needs of seniors but also contributes to their overall well-being and quality of life by fostering a sense of community and security.
This information is meant to be a general summary of Fellowship Fund For The Aged Housing Co. 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: $304,232
- Gross Receipts: $304,232
Assets and Liabilities:
- Total Assets: $7,531,296
- Total Liabilities: $3,836
- Net Assets: $7,527,460
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PRI - INTEREST
Revenue
$304,232
Organization Details
Founding Year
1960
Phone
(212) 971-7600Principal Officer
Stuart C Kaplan
Main Address
520 8TH AVENUE 5TH FLOOR, NEW YORK, NY, 10018
NTEE Category
Code: L22Z - Housing
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