St Timothy's Park Villa Housing Development Fund Company Inc

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

EIN: 161473315 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Timothy's Park Villa Housing Development Fund Company Inc?

St. Timothy's Park Villa Housing Development Fund Company Inc, situated in Buffalo, New York, is a public housing facility committed to serving the low-income community. Their primary objective is to offer affordable housing solutions, ensuring that individuals with limited financial resources have access to comfortable living spaces. The company's activities are centered around this mission, making it a vital resource for the community.

Is St Timothy's Park Villa Housing Development Fund Company Inc legitimate?

St Timothy's Park Villa Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Timothy's Park Villa 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: $65,588

For more financial information, click here

What is the mission statement of St Timothy's Park Villa Housing Development Fund Company Inc?

St. Timothy's Park Villa Housing Development Fund Company's primary mission is centered around providing affordable housing for individuals with limited income. As a public housing facility, its objective is to ensure that low-income individuals have access to suitable housing options, thereby contributing to a more inclusive community. The organization's activities are geared towards meeting this objective, providing a much-needed resource for those who might otherwise struggle to secure adequate housing.

Who is the CEO of St Timothy's Park Villa Housing Development Fund Company Inc?

Deacon Steve Schumer is the President of St Timothy's Park Villa Housing Development Fund Company Inc.

What is the revenue of St Timothy's Park Villa Housing Development Fund Company Inc?

St Timothy's Park Villa Housing Development Fund Company Inc's revenue in 2022 was $299,513.

Who are the executives of St Timothy's Park Villa 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
Sr Regina Murphy Ssmn (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Mendolera (Treasurer)
  • 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 St Timothy's Park Villa Housing Development Fund Company Inc?

St Timothy's Park Villa Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of St Timothy's Park Villa Housing Development Fund Company Inc

St. Timothy's Park Villa Housing Development Fund Company Inc is committed to providing low-income housing. This nonprofit organization, based on the values of social equity and economic accessibility, strives to meet the housing needs of individuals who fall under the low-income bracket. By serving as a housing facility, St. Timothy's Park Villa Housing Development Fund Company Inc aims to contribute to the well-being of its community members by providing them with a safe and affordable living environment. Through its mission, the organization seeks to promote social inclusion and foster a sense of community, ensuring that everyone has the opportunity to live in a comfortable and dignified setting.

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Impact




October, 2024

St Timothy's Park Villa Housing Development Fund Company Inc significantly impacts the community by addressing the pressing need for affordable housing in Buffalo, NY. By offering low-income housing options, it supports individuals and families who may otherwise struggle to find safe and stable living arrangements. This initiative not only enhances the quality of life for residents but also contributes to the overall socio-economic development of the area.

The provision of affordable housing helps to alleviate homelessness and housing insecurity, fostering a sense of stability for families that can enhance their ability to pursue education and employment opportunities. Additionally, by creating a supportive living environment, St Timothy's Park Villa enables community building and interaction among residents, which can lead to improved social cohesion and support networks.

Overall, their efforts play a crucial role in creating a more equitable and inclusive community, ensuring that everyone has access to essential housing resources.




This information is meant to be a general summary of St Timothy's Park Villa 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
$299,513 (2022)
Expenses
$368,165 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $66
  • Program Service Revenue: $282,314
  • Gross Receipts: $299,513

Assets and Liabilities:

  • Total Assets: $1,367,753
  • Total Liabilities: $37,952
  • Net Assets: $1,329,801

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Programs

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

RENTAL INCOME

Revenue

$166,241

TENANT ASSISTANCE PAYM

Revenue

$116,073

Organization Details

Founding Year

1994

Principal Officer

Deacon Steve Schumer

Main Address

525 WASHINGTON STREET, BUFFALO, NY, 14203

NTEE Category

Code: L21 - Housing

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