Our Mother Of Good Counsel Housing Development Fund Company Inc

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

EIN: 161288030 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Our Mother Of Good Counsel Housing Development Fund Company Inc?

Our Mother of Good Counsel Housing Development Fund Company Inc is a nonprofit organization dedicated to serving the needs of elderly, handicapped, and financially disadvantaged individuals. Their primary mission is to offer low-income housing, tailoring their facilities and services to address the physical, social, and psychological requirements of their residents. By providing such housing solutions, they help these individuals maintain a dignified and secure living environment.

Is Our Mother Of Good Counsel Housing Development Fund Company Inc legitimate?

Our Mother Of Good Counsel Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Mother Of Good Counsel 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: $29,060

For more financial information, click here

What is the mission statement of Our Mother Of Good Counsel Housing Development Fund Company Inc?

Our Mother of Good Counsel Housing Development Fund Company Inc. is committed to providing low-income housing for elderly, handicapped, and individuals with limited income. The organization's mission is to offer suitable housing facilities and services that cater to their physical, social, and psychological needs. By doing so, they aim to enhance the quality of life for these individuals, promoting their overall well-being. The company's activities are centered around ensuring that these vulnerable groups have access to comfortable and supportive living environments.

Who is the CEO of Our Mother Of Good Counsel Housing Development Fund Company Inc?

Deacon Steve Schumer is the President of Our Mother Of Good Counsel Housing Development Fund Company Inc.

What is the revenue of Our Mother Of Good Counsel Housing Development Fund Company Inc?

Our Mother Of Good Counsel Housing Development Fund Company Inc's revenue in 2022 was $364,327.

Who are the executives of Our Mother Of Good Counsel Housing Development Fund Company Inc and what are their salaries?


Here are 7 key members and their salaries:


Deacon Steve Schumer (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev Peter Karalus (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mendolera (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Regina Murphy Ssmn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Most Rev Michael W Fisher (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clara Moran (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Mccarrick Osf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Our Mother Of Good Counsel Housing Development Fund Company Inc?

Our Mother Of Good Counsel Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Our Mother Of Good Counsel Housing Development Fund Company Inc

Our Mother of Good Counsel Housing Development Fund Company Inc, as its name suggests, is dedicated to providing low-income housing solutions. Their mission is to cater to the needs of elderly individuals, those with disabilities, and people with low income, ensuring they have access to suitable housing facilities. The company goes beyond mere provision of housing; it strives to attend to the physical, social, and psychological needs of its residents. This comprehensive approach ensures that the living conditions of these vulnerable groups are not just adequate, but also conducive to their overall well-being.

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Impact




October, 2024

Our Mother of Good Counsel Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of vulnerable populations in Buffalo, NY. By providing low-income housing, it directly impacts the lives of the elderly, handicapped individuals, and those with limited financial resources. The organization focuses on creating living environments that not only offer shelter but also cater to the physical, social, and psychological well-being of its residents.

The services and facilities provided help alleviate some of the challenges faced by low-income individuals, fostering a sense of community and support. This initiative enhances the quality of life for its residents, enabling them to maintain dignity and independence in safe and nurturing surroundings. Through its dedication to affordable housing, it contributes significantly to the well-being of the community, helping to break the cycle of poverty and promoting stability for those it serves.




This information is meant to be a general summary of Our Mother Of Good Counsel 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
$364,327 (2022)
Expenses
$358,000 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $404
  • Program Service Revenue: $361,895
  • Gross Receipts: $364,327

Assets and Liabilities:

  • Total Assets: $1,417,355
  • Total Liabilities: $1,995,935
  • Net Assets: -$578,580

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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

$221,729

RENTAL INCOME

Revenue

$140,166

Organization Details

Founding Year

1985

Principal Officer

Deacon Steve Schumer

Main Address

525 WASHINGTON STREET, BUFFALO, NY, 14203

NTEE Category

Code: L22 - Housing

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