Overview
What is St Theodore's Apartments Housing Development Fund Company Inc?
St. Theodore's Apartments Housing Development Fund Company Inc is a nonprofit organization situated in Rochester, New York. Their primary mission is to offer affordable rental housing to the elderly and individuals with disabilities. Their offices provide detailed statistical information about their operations. The company's main activity involves the provision of low-cost housing, catering specifically to individuals with limited income in their golden years. They strive to make housing accessible and comfortable for this vulnerable population, ensuring they have a safe and secure living environment.
Official website here: www.dunntower.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96%, Four-Star out of Four Star rating
St Theodore's Apartments Housing Development Fund Company Inc has achieved a commendable Four-Star rating from Charity Navigator, with a score of 96%. This high rating is primarily based on their strong accountability and finance practices, indicating that the organization operates with a high level of financial integrity and transparency. The assessment reflects a commitment to responsible management of resources, as evidenced by their high scores in various accountability metrics.
The nonprofit demonstrates notable strengths, including a fully independent board of directors and effective financial oversight. Their financial statements are rigorously audited, and the organization has put in place comprehensive policies for conflict of interest, whistleblowing, and document retention. Such measures reinforce their dedication to ethical governance and operational accountability.
While the overall rating is impressive, it is important for potential donors and beneficiaries to remain aware of the context in which these ratings are given. The data does not highlight any significant limitations or areas for improvement, suggesting that St Theodore's Apartments is effectively fulfilling its mission and maintaining high standards in its operations.
This AI summary has been generated from information found on Charity Navigator.
Is St Theodore's Apartments Housing Development Fund Company Inc legitimate?
St Theodore's Apartments Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Theodore's Apartments 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: $184,671
For more financial information, click here
Official website here: www.dunntower.com
What is the mission statement of St Theodore's Apartments Housing Development Fund Company Inc?
St. Theodore's Apartments Housing Development Fund Company Inc has a mission to provide affordable rental housing for the elderly with low income. The company's primary objective is to offer low-cost living spaces to senior citizens and individuals with disabilities. They strive to make housing accessible and affordable for this specific demographic, ensuring they can maintain a decent standard of living. The organization keeps statistical data regarding its operations available at its business office for reference.
Official website here: www.dunntower.com
Who is the CEO of St Theodore's Apartments Housing Development Fund Company Inc?
Pasquale A Dilucia is the Secretary of St Theodore's Apartments Housing Development Fund Company Inc.
Official website here: www.dunntower.com
What is the revenue of St Theodore's Apartments Housing Development Fund Company Inc?
St Theodore's Apartments Housing Development Fund Company Inc's revenue in 2023 was $1,031,237.
Official website here: www.dunntower.com
Who are the executives of St Theodore's Apartments Housing Development Fund Company Inc and what are their salaries?
There 9 volunteers at St Theodore's Apartments Housing Development Fund Company Inc.
Here are 9 key members and their salaries:
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Official website here: www.dunntower.com
Where can I find the form 990 for St Theodore's Apartments Housing Development Fund Company Inc?
St Theodore's Apartments Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.dunntower.com
Learn more at the official website: www.dunntower.com
Mission Statement of St Theodore's Apartments Housing Development Fund Company Inc
St. Theodore's Apartments Housing Development Fund Company Inc is dedicated to providing low-income housing to the elderly population. Their mission, as stated, is to offer affordable rental accommodations to this specific group, ensuring that their living expenses are within their means. The organization goes beyond just providing a place to live, as statistical information is available at their business office, suggesting a holistic approach to catering to the needs of its residents. This could include community programs, support services, or resources tailored to the elderly population, enhancing their quality of life in their new homes.
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Impact
October, 2024
St. Theodore's Apartments Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of low-income elderly and handicapped individuals in Rochester, NY. By offering low-cost rental housing, it significantly alleviates the financial burden faced by this vulnerable demographic. The organization creates a supportive living environment, which not only provides shelter but also promotes dignity and independence for its residents.
The impact extends beyond just housing; it contributes to improved quality of life by fostering community among residents and ensuring access to essential resources. This development helps to maintain stability in housing for those in need, reducing the risk of homelessness and enabling seniors to age in place. Overall, St. Theodore's Apartments enhances the social fabric of the community by providing essential housing solutions for its most vulnerable members.
This information is meant to be a general summary of St Theodore's Apartments 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: -$11,849
- Program Service Revenue: $1,043,086
- Gross Receipts: $1,043,133
Assets and Liabilities:
- Total Assets: $2,640,944
- Total Liabilities: $1,006,344
- Net Assets: $1,634,600
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$618,764
RENTAL INCOME TENANTS
Revenue
$406,812
LAUNDRY AND VENDING RE
Revenue
$14,471
OTHER RENTAL INCOME
Revenue
$3,039
Organization Details
Founding Year
1979
Phone
(585) 429-6840Principal Officer
Pasquale A Dilucia
Main Address
200 DUNN TOWER DRIVE, ROCHESTER, NY, 14606
Website
www.dunntower.comNTEE Category
Code: L21 - Housing
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