Overview
What is Altona Housing Development Fund Co Inc?
Altona Housing Development Fund Co Inc is a New York-based nonprofit organization, specifically incorporated for senior citizen housing. Their primary mission is to provide affordable housing options for the elderly community within the state. The organization operates as a senior citizen housing unit, ensuring that senior citizens have access to suitable living spaces. While the information does not specify the extent of their services or the number of individuals they serve, it is clear that Altona Housing Development Fund Co Inc is committed to supporting senior citizens by addressing their housing needs.
Is Altona Housing Development Fund Co Inc legitimate?
Altona Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Altona Housing Development Fund Co 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: $51,242
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What is the mission statement of Altona Housing Development Fund Co Inc?
Altona Housing Development Fund Co Inc, as a senior citizen housing unit in New York State, is committed to providing affordable housing for elderly individuals. Its mission is centered around ensuring senior citizens have access to suitable living arrangements, catering to their specific housing needs. The organization strives to make housing more affordable for this demographic, thereby contributing to their overall well-being and quality of life. While the information provided does not expand on the organization's broader goals or initiatives, it is clear that Altona Housing Development Fund Co Inc prioritizes affordable housing solutions for senior citizens.
What is the revenue of Altona Housing Development Fund Co Inc?
Altona Housing Development Fund Co Inc's revenue in 2024 was $204,073.
Who are the executives of Altona Housing Development Fund Co Inc and what are their salaries?
The average compensation at Altona Housing Development Fund Co Inc during 2024 was $10,248. There are 5 employees at Altona Housing Development Fund Co Inc.
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Where can I find the form 990 for Altona Housing Development Fund Co Inc?
Altona Housing Development Fund Co Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Altona Housing Development Fund Co Inc
Altona Housing Development Fund Co Inc, as a senior citizen housing unit in New York State, is dedicated to providing affordable housing for our elderly population. This organization's mission is to ensure that senior citizens have access to comfortable and reasonably priced living spaces, thereby contributing to their overall well-being and quality of life. By offering housing solutions tailored to the needs of senior citizens, Altona Housing Development Fund Co Inc plays a crucial role in fostering a sense of security and independence within this demographic.
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Impact
October, 2024
Altona Housing Development Fund Co Inc plays a crucial role in enhancing the quality of life for senior citizens in New York State by providing affordable housing solutions. By focusing on the needs of seniors, the organization ensures access to safe and stable living environments, allowing residents to maintain their independence while fostering a sense of community. This support not only contributes to the physical well-being of its residents but also addresses social and emotional needs, promoting overall mental health. The availability of affordable housing options in Altona empowers seniors to age in place, reducing the risk of homelessness and financial strain. Through its efforts, the organization significantly impacts the local community, ensuring that seniors have a dignified and supportive place to call home.
This information is meant to be a general summary of Altona Housing Development Fund Co 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 2024.
- Investment Income: $24
- Program Service Revenue: $164,359
- Gross Receipts: $204,073
Assets and Liabilities:
- Total Assets: $652,039
- Total Liabilities: $647,014
- Net Assets: $5,025
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LAUNDRY INCOME
Revenue
$2,920
RENTAL INCOME
Revenue
$161,439
Organization Details
Founding Year
1994
Principal Officer
Ellen Montgomery
NTEE Category
Code: A99Z - Arts
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