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Delhi Senior Housing Development Fund Company Ii Inc

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

EIN: 161601104 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Delhi Senior Housing Development Fund Company Ii Inc?

Delhi Senior Housing Development Fund Company II is a nonprofit organization situated in Albany, NY, dedicated to addressing the housing needs of the elderly population. They operate a 20-unit complex in Delhi, New York, specifically catering to low-income seniors. Their operations and maintenance expenses are supported by a contract with the US Department of Housing and Urban Development, under section 202 of the National Housing Act. The organization's mission is to provide a secure living environment for this demographic, ensuring their well-being and comfort.

Is Delhi Senior Housing Development Fund Company Ii Inc legitimate?

Delhi Senior Housing Development Fund Company Ii Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Delhi Senior Housing Development Fund Company Ii 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: $37,813

For more financial information, click here

What is the mission statement of Delhi Senior Housing Development Fund Company Ii Inc?

Delhi Senior Housing Development Fund Company II is committed to providing affordable housing for the elderly. Operating under Section 202 of the National Housing Act, the company manages a 20-unit complex specifically for senior citizens. This mission is supported by a contract with the US Department of Housing and Urban Development. The company's primary focus is on maintaining and running this senior housing facility, ensuring that low-income elderly individuals have a suitable place to reside. The aim is to enhance the quality of life for this specific demographic, providing them with a secure living environment.

Who is the CEO of Delhi Senior Housing Development Fund Company Ii Inc?

Karen Marshfield is the Director of Delhi Senior Housing Development Fund Company Ii Inc.

What is the revenue of Delhi Senior Housing Development Fund Company Ii Inc?

Delhi Senior Housing Development Fund Company Ii Inc's revenue in 2022 was $194,271.

Who are the executives of Delhi Senior Housing Development Fund Company Ii Inc and what are their salaries?


Here are 6 key members and their salaries:


Wayne Shepard (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Briggs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edgar Goff (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Betty Bergleitner (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Manly Shults (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Marshfield (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Delhi Senior Housing Development Fund Company Ii Inc?

Delhi Senior Housing Development Fund Company Ii Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Delhi Senior Housing Development Fund Company Ii Inc

Delhi Senior Housing Development Fund Company II is dedicated to providing affordable living accommodations for the elderly community. This nonprofit organization's mission is centered around the continuous maintenance and operation of a 20-unit complex specifically designed for senior citizens. This complex falls under Section 202 of the National Housing Act and is subsidized by a contract with the US Department of Housing and Urban Development. The company's primary goal is to ensure that elderly individuals have access to suitable housing, thereby enhancing their quality of life. By providing such a service, Delhi Senior Housing Development Fund Company II plays a significant role in supporting the elderly community's needs and ensuring their well-being.

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Impact




October, 2024

Delhi Senior Housing Development Fund Company II Inc plays a crucial role in addressing the housing needs of the elderly population in Delhi, New York. By providing low-income housing specifically designed for senior citizens, it contributes to the welfare and stability of this often vulnerable demographic. The operation of a 20-unit complex under the Section 202 of the National Housing Act ensures that these seniors have access to affordable living arrangements, which can significantly improve their quality of life.

The company’s focus on continuous maintenance and operation not only preserves the physical integrity of the housing complex but also creates a supportive community environment. This dedicated approach helps foster social connections among residents, reducing feelings of isolation, which is common among elderly individuals.

Furthermore, by partnering with the US Department of Housing and Urban Development, the organization secures necessary resources and funding, ensuring sustainability and resilience in delivering essential housing services. Overall, Delhi Senior Housing Development Fund Company II Inc significantly impacts both the local community and the individual lives of senior residents by enhancing their living conditions and promoting a sense of belonging.




This information is meant to be a general summary of Delhi Senior Housing Development Fund Company Ii 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
$194,271 (2022)
Expenses
$231,346 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $200
  • Program Service Revenue: $65,093
  • Gross Receipts: $194,271

Assets and Liabilities:

  • Total Assets: $925,704
  • Total Liabilities: $1,413,921
  • Net Assets: -$488,217

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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

$65,093

Organization Details

Founding Year

2001

Principal Officer

Karen Marshfield

Main Address

41 NORTH MAIN AVENUE, ALBANY, NY, 12203

NTEE Category

Code: L22 - Housing

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