Overview
What is Good Samaritan Senior Housing Development Fund Company Inc?
Good Samaritan Senior Housing Development Fund Company Inc is a nonprofit organization located at 700 White Plains Road, Scarsdale, New York 10583. Their primary mission is to provide comfortable living accommodations for low-income elderly individuals, housing a total of 36 units. This nonprofit, driven by a ministry of healing, hospitality, and community, aims to foster partnerships in caring for its residents. They contribute to the well-being of the elderly community, offering them a safe and supportive living environment.
Official website here: www.tlcn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82% (Three-Star out of Four Star rating)
Good Samaritan Senior Housing Development Fund Company Inc has received a solid Three-Star rating from Charity Navigator, indicating a reliable level of accountability and financial health. The organization demonstrates strong governance practices, with 100% of its board members being independent and a well-defined conflict of interest policy in place. The charity also maintains transparency through documented board meeting minutes and has a comprehensive whistleblower policy, contributing positively to its overall accountability.
The organization’s program expense ratio stands at an impressive 80.86%, reflecting a significant commitment to its mission and effective allocation of resources towards programs rather than administrative costs. This strong focus on programmatic spending is a positive indicator of its operational efficiency and dedication to serving the community it targets.
However, while the charity showcases strengths in governance and financial management, future reviews could benefit from additional insights into the impact of its programs and services. Overall, Good Samaritan Senior Housing Development Fund Company Inc appears to be a trustworthy option for donors looking to support senior housing initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Good Samaritan Senior Housing Development Fund Company Inc legitimate?
Good Samaritan Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Good Samaritan Senior 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: $79,393
For more financial information, click here
Official website here: www.tlcn.org
What is the mission statement of Good Samaritan Senior Housing Development Fund Company Inc?
Good Samaritan Senior Housing Development Fund Company Inc's mission is centered around providing a ministry of healing, hospitality, and community through partnerships in caring. This mission is primarily demonstrated through their activity of offering affordable living accommodations for low-income elderly individuals. By doing so, they aim to contribute positively to the lives of these individuals, providing them with a sense of comfort and community. The company's mission is not just about housing; it extends to a holistic approach of caring for the elderly, fostering an environment of healing and hospitality.
Official website here: www.tlcn.org
Who is the CEO of Good Samaritan Senior Housing Development Fund Company Inc?
Laraine Fellegara is the Chair of Good Samaritan Senior Housing Development Fund Company Inc. The CEO's salary of Good Samaritan Senior Housing Development Fund Company Inc is $0 and their total compensation is $457,973.
Official website here: www.tlcn.org
What is the revenue of Good Samaritan Senior Housing Development Fund Company Inc?
Good Samaritan Senior Housing Development Fund Company Inc's revenue in 2022 was $202,891.
Official website here: www.tlcn.org
Who are the executives of Good Samaritan Senior Housing Development Fund Company Inc and what are their salaries?
There 6 volunteers at Good Samaritan Senior Housing Development Fund Company Inc.
Here are 8 key members and their salaries (Good Samaritan Senior Housing Development Fund Company Inc's CEO's salary is $0 and their total compensation is $457,973):
- Compensation: $0
- Related: $0
- Other: $0
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- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $413,479
- Other: $44,494
- Compensation: $0
- Related: $138,664
- Other: $21,123
Official website here: www.tlcn.org
Where can I find the form 990 for Good Samaritan Senior Housing Development Fund Company Inc?
Good Samaritan Senior Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tlcn.org
Learn more at the official website: www.tlcn.org
Mission Statement of Good Samaritan Senior Housing Development Fund Company Inc
Good Samaritan Senior Housing Development Fund Company Inc is committed to a mission of healing, hospitality, and community through partnerships, providing a caring environment. This mission is manifested in their primary activity: the provision of living accommodations for low-income elderly individuals. With 36 units available, this nonprofit organization offers a home for those in need, fostering a sense of community and care among its residents. The organization's work is centered around healing and hospitality, offering a sanctuary where elderly individuals can live with dignity and security.
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Impact
October, 2024
Good Samaritan Senior Housing Development Fund Company Inc significantly impacts the community by providing essential living accommodations for low-income elderly individuals in Scarsdale, NY. With 36 dedicated housing units, the organization fosters a nurturing environment aimed at enhancing the quality of life for its residents.
By focusing on low-income housing, it addresses critical needs for affordable living options, ensuring that elderly persons have secure and supportive places to reside. The initiative embodies a ministry of healing, hospitality, and community, promoting partnerships in caring that strengthen social ties and create a compassionate living environment. This commitment helps alleviate the challenges faced by vulnerable populations, ultimately contributing to healthier, more connected communities.
This information is meant to be a general summary of Good Samaritan Senior 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 2022.
- Investment Income: $889
- Program Service Revenue: $190,781
- Gross Receipts: $202,891
Assets and Liabilities:
- Total Assets: $1,102,037
- Total Liabilities: $1,430,951
- Net Assets: -$328,914
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME RENTALS
Revenue
$190,781
Organization Details
Founding Year
1990
Phone
(518) 439-8116Principal Officer
Laraine Fellegara
Main Address
700 WHITE PLAINS ROAD 377, SCARSDALE, NY, 10583
Website
www.tlcn.orgNTEE Category
Code: L22Z - Housing
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