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Ws Housing Development Fund Co Inc

Seneca Woods Apartments

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

EIN: 161560159 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Ws Housing Development Fund Co Inc?

Ws Housing Development Fund Co Inc, operating as Seneca Woods Apartments, is a nonprofit organization based in Buffalo, New York. Established with the primary mission of addressing the lack of adequate housing for elderly individuals of low income, the company has focused on developing and managing a 50-unit multi-family housing project. This project aims to provide a secure living environment for this specific demographic, ensuring they have access to comfortable and suitable housing.

Is Ws Housing Development Fund Co Inc legitimate?

Ws Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ws 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: $97,979

For more financial information, click here

What is the mission statement of Ws Housing Development Fund Co Inc?

Ws Housing Development Fund Co Inc's mission is centered around providing housing solutions for elderly individuals with low income, as there is a lack of adequate housing options available. The company's primary goal is to develop and manage a multi-family housing project, specifically with 50 units. Their mission is to ensure that elderly individuals in need of housing can have a suitable living space, contributing to their overall well-being.

Who is the CEO of Ws Housing Development Fund Co Inc?

Elizabeth Huckabone is the Board Member/President of Ws Housing Development Fund Co Inc.

What is the revenue of Ws Housing Development Fund Co Inc?

Ws Housing Development Fund Co Inc's revenue in 2022 was $302,418.

Who are the executives of Ws Housing Development Fund Co Inc and what are their salaries?

There 3 volunteers at Ws Housing Development Fund Co Inc.


Here are 4 key members and their salaries:


Elizabeth Huckabone (Board Member/President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Riegel (Board Member/Vp & Treasurer)
  • Compensation: $0
  • Related: $183,687
  • Other: $23,886
Helen Ronan (Board Member/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Aaron Hejmowski (Cfo)
  • Compensation: $0
  • Related: $129,107
  • Other: $21,089
Where can I find the form 990 for Ws Housing Development Fund Co Inc?

Ws Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Ws Housing Development Fund Co Inc

Ws Housing Development Fund Co Inc, a nonprofit organization, is dedicated to providing suitable housing for elderly individuals with low income, as there is a lack of such facilities available. Their mission is to address this gap by developing and operating a multi-family housing project that accommodates 50 units, thereby offering a secure living space for this vulnerable group. The organization's primary objective is to ensure that elderly people, who may be economically disadvantaged, have access to decent housing, thereby enhancing their overall quality of life.

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Impact




October, 2024

Ws Housing Development Fund Co Inc significantly contributes to addressing the critical need for affordable housing for elderly individuals with low income in Buffalo, NY. By developing and operating a 50-unit multi-family housing project, the organization helps to ensure that seniors have access to safe and adequate living conditions. This initiative not only enhances the quality of life for elderly residents but also fosters a sense of community and security among them. The focus on this vulnerable demographic highlights the organization’s commitment to alleviating housing shortages where they are most pressing, ultimately promoting dignity and stability in their lives.




This information is meant to be a general summary of Ws 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.

Revenue
$302,418 (2022)
Expenses
$428,357 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $15
  • Program Service Revenue: $297,838
  • Gross Receipts: $302,418

Assets and Liabilities:

  • Total Assets: $2,547,867
  • Total Liabilities: $3,961,966
  • Net Assets: -$1,414,099

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Programs

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

TENANT RENTAL PAYMENT

Revenue

$207,629

HUD TENANT ASSISTANCE

Revenue

$90,209

Organization Details

Founding Year

1998

Principal Officer

Elizabeth Huckabone

Main Address

2393 MAIN STREET, BUFFALO, NY, 14214

NTEE Category

Code: L20 - Housing

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