Overview
What is Delhi Senior Housing Development Fund Company Inc?
Delhi Senior Housing Development Fund Company Inc is a nonprofit organization situated in Albany, New York. Their primary mission is to offer affordable housing solutions for the elderly, specifically through the upkeep and operation of a 25-unit complex in Delhi, New York. This endeavor is backed by a partnership agreement with the U.S. Department of Housing and Urban Development. The company's resources are exclusively dedicated to maintaining this senior living facility, ensuring the comfort and well-being of its elderly residents.
Is Delhi Senior Housing Development Fund Company Inc legitimate?
Delhi Senior Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delhi Senior 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: $40,044
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What is the mission statement of Delhi Senior Housing Development Fund Company Inc?
Delhi Senior Housing Development Fund Company Inc's mission is centered around providing affordable housing for the senior population. Specifically, the organization aims to maintain and operate a 25-unit complex, catering to elderly individuals, with funding from the U.S. Department of Housing and Urban Development. The company's primary focus is on ensuring the continuous provision of suitable living spaces for this specific demographic, thereby contributing to their well-being. While the company is based in Albany, NY, its mission extends beyond this location, as it seeks to provide low-income housing solutions for the elderly population at large.
Who is the CEO of Delhi Senior Housing Development Fund Company Inc?
Karen Marshfield is the Director of Delhi Senior Housing Development Fund Company Inc.
What is the revenue of Delhi Senior Housing Development Fund Company Inc?
Delhi Senior Housing Development Fund Company Inc's revenue in 2022 was $192,612.
Who are the executives of Delhi Senior Housing Development Fund Company Inc and what are their salaries?
Here are 6 key members and their salaries:
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Where can I find the form 990 for Delhi Senior Housing Development Fund Company Inc?
Delhi Senior Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Delhi Senior Housing Development Fund Company Inc
Delhi Senior Housing Development Fund Company, a nonprofit organization, is committed to providing affordable housing solutions for the elderly. Its primary mission is to maintain and operate a 25-unit complex exclusively for senior citizens, located in Delhi, New York. This mission is made possible through a contract with the U.S. Department of Housing and Urban Development, which subsidizes the company's expenses. Delhi Senior Housing Development Fund Company strives to ensure that elderly individuals have access to safe and affordable living spaces, thus enhancing their quality of life and supporting their well-being.
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Impact
October, 2024
Delhi Senior Housing Development Fund Company Inc plays a crucial role in enhancing the quality of life for elderly individuals in need by providing low-income housing options. By managing a 25-unit complex specifically designed for senior citizens in Delhi, New York, the organization addresses the pressing challenges faced by older adults who may struggle to afford safe and stable housing. This initiative not only meets immediate housing needs but also fosters a sense of community and security among residents.
The operations and maintenance of the housing complex are supported through a partnership with the U.S. Department of Housing and Urban Development, which ensures that the facilities remain in good condition and accessible to those they serve. The organization’s commitment to continuous maintenance and operational excellence enhances the living environment, contributing to the overall well-being of seniors in the area.
By prioritizing affordable housing for the elderly, Delhi Senior Housing Development Fund Company Inc has a meaningful impact on the lives of vulnerable populations, promoting dignity, independence, and stability for senior citizens in the community.
This information is meant to be a general summary of Delhi Senior 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 2022.
- Investment Income: $140
- Program Service Revenue: $63,184
- Gross Receipts: $192,612
Assets and Liabilities:
- Total Assets: $913,087
- Total Liabilities: $1,807,855
- Net Assets: -$894,768
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT & CHARGES
Revenue
$63,184
Organization Details
Founding Year
1999
Phone
(518) 459-0183Principal Officer
Karen Marshfield
Main Address
41 NORTH MAIN AVENUE, ALBANY, NY, 12203
NTEE Category
Code: L210 - Housing
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