Overview
What is Alloway Housing Development Fund Corporation?
Alloway Housing Development Fund Corporation is a nonprofit organization situated in Rochester, New York, with a focus on providing housing solutions for the elderly. Established in 2007, they have successfully constructed a development of 23 units, catering to low-income elderly individuals aged 62 or above. Their mission is to alleviate poverty and distress by ensuring these individuals have access to essential housing needs, promoting their overall well-being and social welfare. The project includes housing facilities and services tailored to meet the elderly's unique physical, social, and psychological needs, aiming to enhance their health, security, happiness, and usefulness in their longer lives.
Is Alloway Housing Development Fund Corporation legitimate?
Alloway Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Alloway Housing Development Fund Corporation 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: $0
For more financial information, click here
What is the mission statement of Alloway Housing Development Fund Corporation?
The Alloway Housing Development Fund Corporation is dedicated to serving the needs of elderly individuals with low income. Their mission is to operate a housing project that provides not just residential spaces, but also services specifically tailored to address the physical, social, and psychological needs of its residents. The aim is to enhance their health, security, happiness, and overall well-being, enabling them to live longer, more fulfilling lives. The corporation constructed a development of 23 units for this purpose, which has been successfully operational since 2007. The main objective of this project is to alleviate poverty and promote social welfare by providing affordable housing for the elderly.
Who is the CEO of Alloway Housing Development Fund Corporation?
Ruperto Montero is the Director of Alloway Housing Development Fund Corporation.
What is the revenue of Alloway Housing Development Fund Corporation?
Alloway Housing Development Fund Corporation's revenue in 2022 was $171,423.
Who are the executives of Alloway Housing Development Fund Corporation and what are their salaries?
There 5 volunteers at Alloway Housing Development Fund Corporation.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $173,232
- Other: $19,405
- Compensation: $0
- Related: $173,543
- Other: $12,459
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $243,302
- Other: $13,494
- Compensation: $0
- Related: $191,447
- Other: $5,743
- Compensation: $0
- Related: $209,888
- Other: $12,063
Where can I find the form 990 for Alloway Housing Development Fund Corporation?
Alloway Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Alloway Housing Development Fund Corporation
Alloway Housing Development Fund Corporation is a non-profit organization dedicated to serving the needs of elderly individuals of low income. Their mission is to provide them with suitable housing and necessary services, taking into account their physical, social, and psychological needs. The organization aims to improve their quality of life, ensuring their health, security, happiness, and overall usefulness as they age. By constructing and operating a housing project, Alloway Housing Development Fund Corporation strives to alleviate poverty and distress, enabling low-income elderly individuals to secure a basic human need: decent shelter. Since its completion in 2007, the project, consisting of 23 units, has been successfully operating to fulfill its goal of promoting social welfare for the elderly.
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Impact
October, 2024
The Alloway Housing Development Fund Corporation has made a significant impact on the Rochester, NY community by providing essential housing for elderly individuals of low income. Since its establishment in 2007, the organization has successfully constructed and operated a 23-unit housing development geared specifically for seniors aged 62 and older. This initiative not only addresses the critical need for affordable housing among vulnerable populations but also actively promotes the overall well-being of its residents.
By creating a supportive living environment, Alloway Housing fosters a sense of community, addressing the physical, social, and psychological needs of its residents. This holistic approach ensures that seniors have access to services and facilities tailored to enhance their health, security, and happiness. In doing so, the organization plays a vital role in relieving poverty and distress, providing elderly individuals with the stability of decent shelter. Ultimately, the Alloway Housing Development Fund Corporation contributes to the social welfare of the community, allowing seniors to lead fulfilling, independent lives while fostering a positive and active lifestyle.
This information is meant to be a general summary of Alloway Housing Development Fund Corporation. 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: $47
- Program Service Revenue: $164,760
- Gross Receipts: $171,423
Assets and Liabilities:
- Total Assets: $1,730,938
- Total Liabilities: $2,582,937
- Net Assets: -$851,999
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Rental Income
Revenue
$164,760
Organization Details
Founding Year
2005
Phone
(585) 546-6340Principal Officer
Ruperto Montero
Main Address
400 East Avenue, Rochester, NY, 14607
NTEE Category
Code: L22 - Housing
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