Overview
What is Towpath Housing Corp?
Towpath Housing Corp is a nonprofit organization situated in Liverpool, New York, dedicated to providing senior citizens housing. Specifically, they operate a housing project designed for the elderly, which includes owning and managing retirement communities as a form of senior living program. Their mission involves ensuring comfortable and secure living environments for the elderly community.
Is Towpath Housing Corp legitimate?
Towpath Housing Corp is a legitimate nonprofit organization registered as a 501(c)(4) entity. Towpath Housing Corp 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: $86,942
For more financial information, click here
What is the mission statement of Towpath Housing Corp?
Towpath Housing Corporation is dedicated to providing housing for the elderly as part of its mission. The organization manages retirement communities, serving as a senior citizens housing program. Located elsewhere, the corporation's primary focus is on offering a suitable living environment for the elderly population. Its mission encompasses operating and maintaining these retirement communities to meet the unique needs of its elderly residents.
Who is the CEO of Towpath Housing Corp?
Ronald Patrick is the President of Towpath Housing Corp.
What is the revenue of Towpath Housing Corp?
Towpath Housing Corp's revenue in 2023 was $693,311.
Who are the executives of Towpath Housing Corp and what are their salaries?
The average compensation at Towpath Housing Corp during 2023 was $17,388. There are 5 employees at Towpath Housing Corp.
Here are 5 key members and their salaries:
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Towpath Housing Corp?
Towpath Housing Corp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Towpath Housing Corp
Towpath Housing Corporation is dedicated to serving the elderly community by operating a housing project as part of its mission. This nonprofit organization focuses on providing senior citizens housing, operating retirement communities as a form of senior citizens housing program. By doing so, Towpath Housing Corporation aims to offer a comfortable living environment for the elderly, ensuring they can age with dignity and independence. The organization's commitment to this mission shows its dedication to supporting the needs of the elderly population.
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Impact
October, 2024
Towpath Housing Corp significantly enhances the quality of life for the elderly in Liverpool, NY, by providing safe and affordable housing options tailored to their needs. By owning and operating retirement communities, the organization creates environments that foster independence while ensuring residents have access to necessary services and support. This initiative not only addresses the critical housing needs of senior citizens but also promotes social interaction and community engagement among residents, contributing to their overall well-being. Through its dedicated efforts, Towpath Housing Corp plays a vital role in improving housing accessibility and enhancing the living conditions for the elderly population in the area.
This information is meant to be a general summary of Towpath Housing Corp. 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: $1,743
- Program Service Revenue: $691,568
- Gross Receipts: $693,311
Assets and Liabilities:
- Total Assets: $3,134,919
- Total Liabilities: $50,511
- Net Assets: $3,084,408
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$661,394
ROOF RENTAL
Revenue
$16,093
MACHINE INCOME
Revenue
$14,081
Organization Details
Founding Year
1973
Phone
(315) 451-9039Principal Officer
Ronald Patrick
Main Address
209 SECOND STREET, LIVERPOOL, NY, 13088
NTEE Category
Code: L50 - Housing
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