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Brookside Senior Housing Development Fund Company Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141742957 ✦ Troy, NY ✦ Designated as a 501(c)(3)

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Overview

What is Brookside Senior Housing Development Fund Company Inc?

Brookside Senior Housing Development Fund Company Inc is a nonprofit organization located in Troy, New York, with a focus on supporting low-income senior citizens. Their primary mission involves owning and developing housing projects specifically designed for this demographic. By doing so, they aim to help these seniors secure affordable housing options, thereby contributing to their well-being and overall quality of life.

Is Brookside Senior Housing Development Fund Company Inc legitimate?

Brookside Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brookside 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: $64,950

For more financial information, click here

What is the mission statement of Brookside Senior Housing Development Fund Company Inc?

Brookside Senior Housing Development Fund Company Inc's mission is centered around owning and developing housing projects, specifically for individuals with low income. This organization is committed to sponsoring such projects and aiding seniors in their search for affordable housing. In essence, their goal is to contribute to the provision of affordable living spaces for the elderly who fall under the low-income category.

Who is the CEO of Brookside Senior Housing Development Fund Company Inc?

William Dessingue is the President of Brookside Senior Housing Development Fund Company Inc.

What is the revenue of Brookside Senior Housing Development Fund Company Inc?

Brookside Senior Housing Development Fund Company Inc's revenue in 2022 was $310,610.

Who are the executives of Brookside Senior Housing Development Fund Company Inc and what are their salaries?


Here are 9 key members and their salaries:


Paul Tazbir (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stuart Nippes (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pete Lehmann (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Marie Burnett (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Casale (Director (Part-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Dee Mccumber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ron Palmatier (Director (Part-Year))
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Sauer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Dessingue (Executive Director)
  • Compensation: $0
  • Related: $94,353
  • Other: $4,004
Where can I find the form 990 for Brookside Senior Housing Development Fund Company Inc?

Brookside Senior Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Brookside Senior Housing Development Fund Company Inc

Brookside Senior Housing Development Fund Company Inc is committed to owning and developing housing projects specifically designed for individuals of low income. This mission is geared towards providing affordable living spaces for seniors, a population often in need of such resources. The organization's primary goal is to sponsor and support low income senior housing projects, thereby aiding seniors in their quest for suitable housing options. By undertaking these initiatives, Brookside Senior Housing Development Fund Company Inc plays a significant role in assisting elderly individuals in finding affordable and comfortable living arrangements.

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Impact




October, 2024

Brookside Senior Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of low-income seniors in Troy, NY. By owning and developing housing projects specifically tailored for this underserved population, the organization significantly contributes to enhancing the quality of life for older adults facing financial challenges.

Through its dedicated efforts, Brookside not only sponsors the construction and management of affordable housing projects but also assists seniors in navigating the complexities of finding suitable accommodations. This support helps to alleviate housing insecurity, enabling seniors to maintain stability in their living situations.

Ultimately, the impact of Brookside Senior Housing Development Fund Company Inc extends beyond mere shelter; it fosters a sense of community, dignity, and independence for seniors, ensuring that they have access to safe and affordable living environments.




This information is meant to be a general summary of Brookside 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.

Revenue
$310,610 (2022)
Expenses
$403,862 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $1,091
  • Program Service Revenue: $302,625
  • Gross Receipts: $310,610

Assets and Liabilities:

  • Total Assets: $2,408,565
  • Total Liabilities: $2,572,396
  • Net Assets: -$163,831

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL INCOME

Revenue

$302,625

Organization Details

Founding Year

2015

Principal Officer

William Dessingue

Main Address

99 BLOOMING GROVE DRIVE, TROY, NY, 12180

NTEE Category

Code: L20Z - Housing

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