Overview
What is Gleneida Housing Development Fund Company Inc?
Gleneida Housing Development Fund Company Inc is a nonprofit organization situated in Carmel, New York, dedicated to providing housing accommodations for low-income senior citizens. This mission is fulfilled through the operation of housing units specifically designed for this demographic, reflecting the organization's commitment to serving this particular population.
Is Gleneida Housing Development Fund Company Inc legitimate?
Gleneida Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Gleneida Housing Development Fund Company 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $55,279
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What is the mission statement of Gleneida Housing Development Fund Company Inc?
Gleneida Housing Development Fund Company Inc. is dedicated to providing housing for low-income senior citizens. This organization operates housing units to realize its mission of serving this particular demographic. The company's programs are designed with the intention of catering to the needs of this specific group. By offering housing, Gleneida Housing Development Fund Company Inc. aims to make a positive impact on the lives of its residents.
What is the revenue of Gleneida Housing Development Fund Company Inc?
Gleneida Housing Development Fund Company Inc's revenue in 2023 was $506,699.
Who are the executives of Gleneida Housing Development Fund Company Inc and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Gleneida Housing Development Fund Company Inc?
Gleneida Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Gleneida Housing Development Fund Company Inc
Gleneida Housing Development Fund Company, a nonprofit organization, is dedicated to providing housing solutions for low-income senior citizens. Their mission is to operate housing units that cater specifically to this demographic, serving as a vital resource for this group. The company's programs are designed with the aim of fulfilling this mission, offering a safe and suitable living environment for elderly individuals with limited income. By providing housing, Gleneida Housing Development Fund Company plays a significant role in ensuring the well-being and comfort of this often overlooked segment of society.
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Impact
October, 2024
Gleneida Housing Development Fund Company Inc significantly impacts the community by providing vital housing resources for low-income senior citizens in Carmel, New York. By operating dedicated housing units, the organization addresses a critical need for safe, affordable living options for seniors who may struggle to secure stable accommodation due to financial constraints.
This initiative not only supports the well-being of these individuals by offering them a secure place to live but also promotes independence and dignity among low-income seniors. Through its focused programs, Gleneida Housing Development Fund Company plays an essential role in enhancing the quality of life for its residents, helping them maintain their sense of community and belonging in a supportive environment. The organization’s commitment to this demographic directly contributes to the social fabric of Carmel, fostering inclusivity and stability for vulnerable populations.
This information is meant to be a general summary of Gleneida Housing Development Fund Company 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 2023.
- Investment Income: $68
- Program Service Revenue: $234,520
- Gross Receipts: $506,699
Assets and Liabilities:
- Total Assets: $211,213
- Total Liabilities: $1,204,201
- Net Assets: -$992,988
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$234,520
Organization Details
Founding Year
1988
Principal Officer
Richard Weiss
NTEE Category
Code: L22 - Housing
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