Overview
What is Niagara Village Housing Development Fund Co Inc?
Niagara Village Housing Development Fund Co Inc is a nonprofit organization, situated at 2393 Main Street, Buffalo, New York. The primary focus of this organization is to develop and maintain a 24-unit housing project, exclusively catering to individuals with low-income and disabilities. Recognizing the lack of suitable housing options for such individuals in the area, the organization's mission is to promote their welfare by providing a secure living environment within the project. The project aims to accommodate persons with disabilities who currently lack adequate housing facilities.
Is Niagara Village Housing Development Fund Co Inc legitimate?
Niagara Village Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Niagara Village Housing Development Fund Co 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: $44,236
For more financial information, click here
What is the mission statement of Niagara Village Housing Development Fund Co Inc?
Niagara Village Housing Development Fund Co Inc is organized with the mission to develop a housing project catering to low-income and disabled individuals, as there is a lack of adequate housing options for such individuals. The primary objective is to enhance the welfare of disabled persons residing in this project. The organization has taken the initiative to operate a 24-unit multi-family housing project, exclusively designed for very low-income and disabled persons. Their purpose is to provide a suitable living environment and promote the well-being of disabled individuals residing in the project.
What is the revenue of Niagara Village Housing Development Fund Co Inc?
Niagara Village Housing Development Fund Co Inc's revenue in 2024 was $164,310.
Who are the executives of Niagara Village Housing Development Fund Co Inc and what are their salaries?
There 1 volunteer at Niagara Village Housing Development Fund Co Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $196,021
- Other: $25,080
- Compensation: $0
- Related: $148,067
- Other: $7,470
Where can I find the form 990 for Niagara Village Housing Development Fund Co Inc?
Niagara Village Housing Development Fund Co Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Niagara Village Housing Development Fund Co Inc
Niagara Village Housing Development Fund Co Inc is an organization with a mission to improve the living conditions of low-income and disabled individuals. Recognizing a lack of adequate housing options for this group, the organization has set out to develop a housing project specifically tailored to their needs. With a focus on promoting the well-being of disabled persons residing in the project, Niagara Village Housing Development Fund Co Inc strives to make a positive impact on the lives of those who are most in need.
The organization's mission is twofold. Firstly, Niagara Village Housing Development Fund Co Inc aims to develop a housing project that caters exclusively to very low-income and disabled persons. By providing a safe and suitable living environment, the organization seeks to address the unique challenges faced by this vulnerable group. Secondly, the organization is committed to promoting the welfare of disabled persons living in the project. This involves ensuring that the project meets the needs of its residents, providing them with the support and resources they require to lead fulfilling lives.
In practice, Niagara Village Housing Development Fund Co Inc has operated a 24-unit multi-family housing project, providing a home for those who would otherwise struggle to find adequate housing. By focusing on the needs of low-income and disabled individuals, the organization has played a vital role in improving the lives of many people. Through its mission, Niagara Village Housing Development Fund Co Inc continues to make a difference in the lives of those it serves, providing them with a safe and supportive living environment.
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Impact
October, 2024
Niagara Village Housing Development Fund Co Inc plays a crucial role in addressing the significant housing challenges faced by very low-income disabled persons in Buffalo, NY. By operating a 24-unit multi-family housing project exclusively designed for this vulnerable demographic, it is filling a critical gap where adequate housing options are otherwise scarce.
The organization is dedicated to not only providing shelter but also promoting the overall welfare of its residents. This includes creating an environment that supports community and accessibility, improving the quality of life for disabled individuals who may experience social isolation and economic hardships. Through its commitment, Niagara Village ensures that these individuals have a safe, stable place to live, which is essential for their independence and dignity.
Overall, the impact of Niagara Village Housing Development Fund Co Inc is significant in fostering inclusive communities, enhancing living conditions, and advocating for the rights and needs of those with disabilities, ultimately contributing to a more equitable society.
This information is meant to be a general summary of Niagara Village Housing Development Fund Co 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 2024.
- Investment Income: $19
- Program Service Revenue: $162,234
- Gross Receipts: $164,310
Assets and Liabilities:
- Total Assets: $1,330,543
- Total Liabilities: $2,498,533
- Net Assets: -$1,167,990
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$162,234
Organization Details
Founding Year
1995
Principal Officer
Michael Riegel
NTEE Category
Code: L20 - Housing
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