Overview
What is Four Freedoms House Of Philadelphia Inc?
Four Freedoms House of Philadelphia Inc is a nonprofit organization, serving as the general partner for an apartment building under the National Housing Act. Based in Bay Harbor Islands, Florida, the organization is committed to providing low-income housing. Their activities involve the ownership and oversight of the apartment building, ensuring compliance with regulations from the U.S. Department of Housing and Urban Development (HUD) regarding rents and operating methods. Additionally, the organization has a charitable mission, distributing funds for designated purposes as deemed appropriate by the organization.
Is Four Freedoms House Of Philadelphia Inc legitimate?
Four Freedoms House Of Philadelphia Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Four Freedoms House Of Philadelphia 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: $30,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Four Freedoms House Of Philadelphia Inc?
Four Freedoms House of Philadelphia Inc., as a general partner, is involved in low-income housing projects. Its mission is twofold. Firstly, it oversees and manages these housing projects, providing a home for individuals with limited financial means. Secondly, it distributes funds for charitable purposes, as per the organization's designated guidelines. The housing projects, falling under the National Housing Act, are regulated by HUD in terms of rents and operational methods.
Who is the CEO of Four Freedoms House Of Philadelphia Inc?
Jeffrey A Gidney is the President/Director of Four Freedoms House Of Philadelphia Inc.
What is the revenue of Four Freedoms House Of Philadelphia Inc?
Four Freedoms House Of Philadelphia Inc's revenue in 2022 was $254,564.
Who are the executives of Four Freedoms House Of Philadelphia Inc and what are their salaries?
Here are 5 key members and their salaries:
- Compensation: $6,000
- Related: $18,000
- Other: $0
- Compensation: $6,000
- Related: $18,000
- Other: $0
- Compensation: $6,000
- Related: $18,000
- Other: $0
- Compensation: $6,000
- Related: $18,000
- Other: $0
- Compensation: $6,000
- Related: $18,000
- Other: $0
Where can I find the form 990 for Four Freedoms House Of Philadelphia Inc?
Four Freedoms House Of Philadelphia Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Four Freedoms House Of Philadelphia Inc
Four Freedoms House of Philadelphia Inc is committed to providing low-income housing and overseeing its operations as a general partner. The organization's mission involves investing in apartment buildings under the National Housing Act, with the stipulation that the distributions made are for charitable purposes, as specified by the organization itself. This mission is regulated by the HUD, ensuring that the rents and operating methods adhere to certain standards. By taking on this role, Four Freedoms House of Philadelphia Inc is contributing to the provision of affordable housing for those in need, thereby playing a significant role in addressing housing inequality in the community.
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Impact
October, 2024
Four Freedoms House of Philadelphia Inc plays a crucial role in addressing the housing needs of low-income individuals and families. By serving as a general partner in the ownership and oversight of apartment buildings regulated under the National Housing Act, the organization ensures that affordable rental options remain available in the community.
Through its commitment to managing these properties in compliance with HUD regulations, Four Freedoms House helps to stabilize neighborhoods and foster a sense of community among residents. The organization also directs resources towards charitable purposes, enhancing its impact by supporting initiatives that benefit the broader community. By focusing on low-income housing, Four Freedoms House not only provides essential shelter but also contributes to the economic and social well-being of the area it serves.
This information is meant to be a general summary of Four Freedoms House Of Philadelphia 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $254,560
- Gross Receipts: $682,302
Assets and Liabilities:
- Total Assets: $7,561,922
- Total Liabilities: $32
- Net Assets: $7,561,890
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Organization Details
Founding Year
1962
Phone
(305) 534-8241Principal Officer
Jeffrey A Gidney
Main Address
1135 KANE CONCOURSE 5TH FL, BAY HARBOR ISLANDS, FL, 33154
NTEE Category
Code: L21 - Housing
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