Overview
What is Delatour Housing Development Fund Company Inc?
Delatour Housing Development Fund Company Inc is a nonprofit organization situated in Watervliet, New York. Their primary mission is to offer affordable housing for the elderly, specifically managing a 50-unit complex in Colonie, New York, in accordance with Section 202 of the National Housing Act. Their operations primarily involve maintaining and managing this facility, ensuring the well-being and comfort of its elderly residents. The company's activities are directly related to providing a secure living environment for this specific demographic.
Official website here: www.depaulhousing.com
Is Delatour Housing Development Fund Company Inc legitimate?
Delatour Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delatour 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:
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Other Salaries and Wages: $98,401
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Official website here: www.depaulhousing.com
What is the mission statement of Delatour Housing Development Fund Company Inc?
Delatour Housing Development Fund Company Inc is committed to providing low-income housing facilities for the elderly. Their mission is centered around maintaining and operating a 50-unit complex for senior citizens in Colonie, New York, under Section 202 of the National Housing Act. The company's primary focus is on ensuring the elderly have access to affordable housing, thereby enhancing their quality of life.
Official website here: www.depaulhousing.com
Who is the CEO of Delatour Housing Development Fund Company Inc?
Noel Olsen is the Member of Delatour Housing Development Fund Company Inc.
Official website here: www.depaulhousing.com
What is the revenue of Delatour Housing Development Fund Company Inc?
Delatour Housing Development Fund Company Inc's revenue in 2023 was $336,386.
Official website here: www.depaulhousing.com
Who are the executives of Delatour Housing Development Fund Company Inc and what are their salaries?
Here are 7 key members and their salaries:
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Official website here: www.depaulhousing.com
Where can I find the form 990 for Delatour Housing Development Fund Company Inc?
Delatour Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.depaulhousing.com
Learn more at the official website: www.depaulhousing.com
Mission Statement of Delatour Housing Development Fund Company Inc
Delatour Housing Development Fund Company Inc is dedicated to providing affordable housing solutions for the elderly. Their primary mission is to manage and operate a 50-unit complex specifically designed for elderly individuals, situated in Colonie, New York, under the provisions of Section 202 of the National Housing Act. The company's activities are focused on ensuring the optimal functioning and upkeep of this complex, providing a safe and comfortable living environment for its elderly residents.
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Impact
October, 2024
Delatour Housing Development Fund Company Inc plays a crucial role in providing affordable living options for elderly individuals in Colonie, New York. By managing a 50-unit housing complex under Section 202 of the National Housing Act, the organization ensures that low-income seniors have access to secure and stable housing. This not only enhances their quality of life but also fosters a sense of community among residents.
The organization's operations focus on maintaining the complex, thereby creating a safe and supportive environment. The provision of low-income housing alleviates financial burdens for elderly individuals, allowing them to allocate resources towards healthcare and other essential needs. This impact extends beyond housing, as it contributes to the overall well-being of seniors, promoting independence and dignity in their later years.
Additionally, Delatour's commitment to housing for the elderly addresses broader societal challenges, such as the growing demand for affordable senior housing and the need for inclusive communities. Through its focused efforts, Delatour Housing Development Fund Company Inc not only meets immediate housing needs but also supports the long-term stability and health of elderly residents.
This information is meant to be a general summary of Delatour 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: $15,146
- Program Service Revenue: $318,113
- Gross Receipts: $336,386
Assets and Liabilities:
- Total Assets: $1,724,201
- Total Liabilities: $41,954
- Net Assets: $1,682,247
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT PAYMENTS
Revenue
$318,113
Organization Details
Founding Year
1989
Phone
(518) 459-0183Principal Officer
Noel Olsen
Main Address
2 CARONDOLET DRIVE, WATERVLIET, NY, 12189
Website
www.depaulhousing.comNTEE Category
Code: L22Z - Housing
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