Overview
What is Our Lady Of Hope Residence?
Our Lady of Hope Residence is a nonprofit organization, rooted in the values of the Little Sisters of the Poor and the Roman Catholic Church. They specialize in providing affordable housing for the elderly who are economically disadvantaged. In 2014, they made a significant change by discontinuing their 36-bed nursing care unit and selling their building. Despite this transition, their primary focus remains on elder care, reflecting their commitment to serving the needs of the elderly population.
Is Our Lady Of Hope Residence legitimate?
Our Lady Of Hope Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Lady Of Hope Residence 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 Our Lady Of Hope Residence?
Our Lady of Hope Residence is dedicated to providing housing for the elderly who are financially disadvantaged, aligning with the mission of the Little Sisters of the Poor and the Roman Catholic Church. In 2014, the residence discontinued its 36-bed nursing care unit and sold the associated building. The primary focus of Our Lady of Hope Residence remains on providing a home for the elderly poor, maintaining its commitment to the religious and charitable values it represents.
Who is the CEO of Our Lady Of Hope Residence?
Sister Rosemarie Thomas is the President of Our Lady Of Hope Residence.
What is the revenue of Our Lady Of Hope Residence?
Our Lady Of Hope Residence's revenue in 2022 was $417,332.
Who are the executives of Our Lady Of Hope Residence and what are their salaries?
Here are 4 key members and their salaries:
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Where can I find the form 990 for Our Lady Of Hope Residence?
Our Lady Of Hope Residence's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Our Lady Of Hope Residence
Our Lady of Hope Residence, a nonprofit organization, is dedicated to serving the elderly poor, in line with the mission of the Little Sisters of the Poor and the Roman Catholic Church. Its primary activity is the operation of an apartment housing facility, providing a home for those in need. In 2014, the organization made a significant change, discontinuing its 36-bed nursing care unit and selling its building. Despite this change, the focus on elder care remains at the heart of Our Lady of Hope Residence's mission. The organization continues to provide a safe and supportive environment for the elderly, upholding the values of compassion and service that are inherent in its mission.
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Impact
October, 2024
Our Lady of Hope Residence significantly impacts the community by providing housing for elderly individuals facing economic hardships. Situated in Queens Village, NY, it echoes the values and mission of the Little Sisters of the Poor and the Roman Catholic Church, ensuring that vulnerable elderly residents receive dignified support and care. Through its apartment housing, it fosters a nurturing environment where seniors can live independently while benefiting from a community-oriented atmosphere. The decrease in available nursing care services since 2014 underscores a strategic shift toward supporting independent living, highlighting the residence's commitment to adapting to the evolving needs of the elderly population. By focusing on affordable housing, Our Lady of Hope Residence plays a crucial role in alleviating poverty among seniors, emphasizing health and wellbeing within a framework of compassion and dignity.
This information is meant to be a general summary of Our Lady Of Hope Residence. 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: $112
- Gross Receipts: $417,332
Assets and Liabilities:
- Total Assets: $6,146,772
- Total Liabilities: $4,344,436
- Net Assets: $1,802,336
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Organization Details
Founding Year
1976
Phone
(718) 464-1800Principal Officer
Sister Rosemarie Thomas
Main Address
110-30 221ST STREET, QUEENS VILLAGE, NY, 11429
NTEE Category
Code: E91Z - Health
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