St Clare Apartments Housing Development Fund Company Inc

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

EIN: 161524084 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Clare Apartments Housing Development Fund Company Inc?

St. Clare Apartments Housing Development Fund Company Inc., based in Buffalo, NY, is a dedicated nonprofit organization. Its primary mission is to provide affordable housing for individuals with limited income, serving as a retirement home or senior housing program. The company strives to ensure that elderly residents have access to comfortable and suitable living conditions.

Is St Clare Apartments Housing Development Fund Company Inc legitimate?

St Clare Apartments Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Clare 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: $64,328

For more financial information, click here

What is the mission statement of St Clare Apartments Housing Development Fund Company Inc?

St. Clare Apartments Housing Development Fund Company's mission is centered around providing affordable housing for individuals with limited income. This housing development organization strives to meet this objective, acting as a catalyst for senior housing solutions. Their mission is a testament to their commitment to making housing accessible for those who require financial assistance, thereby contributing to a more inclusive and equitable community.

What is the revenue of St Clare Apartments Housing Development Fund Company Inc?

St Clare Apartments Housing Development Fund Company Inc's revenue in 2023 was $387,357.

Who are the executives of St Clare Apartments Housing Development Fund Company Inc and what are their salaries?

Here are 6 key members and their salaries:


Rev Msgr Robert Zapfel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Gleason (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Penny Arnold (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Annemarie Andrzejewski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rusty Edwards (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leonardo Sette-Camara (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for St Clare Apartments Housing Development Fund Company Inc?

St Clare Apartments Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of St Clare Apartments Housing Development Fund Company Inc

St. Clare Apartments Housing Development Fund Company is dedicated to providing low-income housing. This mission-driven organization operates with the goal of offering housing solutions to individuals in need, acting as a retirement home or senior housing program. By providing affordable housing, St. Clare Apartments Housing Development Fund Company strives to contribute to the well-being and security of its residents, thereby making a significant impact in their lives.

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Impact




October, 2024

St Clare Apartments Housing Development Fund Company Inc significantly impacts the Buffalo community by providing affordable housing for low-income individuals and seniors. By creating accessible living environments, it addresses the critical need for safe and secure housing options in the area, allowing residents to maintain dignity and stability in their lives.

The development contributes to the overall well-being of the community by enhancing the quality of life for its residents, offering a supportive environment tailored to the needs of seniors. This initiative not only alleviates housing insecurity but also fosters community engagement among residents, promoting social connections and reducing isolation.

Through its commitment to low-income housing, St Clare Apartments helps to empower individuals and families, allowing them to thrive in a supportive and nurturing environment. Its presence in Buffalo plays a vital role in addressing the challenges of affordable housing, ultimately contributing to the economic and social vitality of the region.




This information is meant to be a general summary of St Clare 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.

Revenue
$387,357 (2023)
Expenses
$415,735 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $843
  • Program Service Revenue: $380,668
  • Gross Receipts: $387,357

Assets and Liabilities:

  • Total Assets: $1,762,729
  • Total Liabilities: $46,509
  • Net Assets: $1,716,220

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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

$243,402

RENTAL INCOME

Revenue

$137,266

Organization Details

Founding Year

1997

Principal Officer

Rev Msgr Robert Zapfel

NTEE Category

Code: L22 - Housing

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