Overview
What is 1850 North Croskey Development Corporation?
The 1850 North Croskey Development Corporation is a nonprofit organization situated in Philadelphia, Pennsylvania. Their primary objective is to acquire and refurbish real estate in the area, specifically for the benefit of low-income individuals. They operate a 24-unit single-room residence under Section 221 of the National Housing Act, providing much-needed housing solutions for those in need. The organization's mission is deeply rooted in this mandate, working diligently to improve living conditions for its target demographic and contribute to the local community.
Is 1850 North Croskey Development Corporation legitimate?
1850 North Croskey Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. 1850 North Croskey Development 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
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What is the mission statement of 1850 North Croskey Development Corporation?
The 1850 North Croskey Development Corporation is dedicated to serving low-income individuals. Its mission involves acquiring and rehabilitating property in appropriate locations, specifically in Philadelphia, Pennsylvania. Once the property is refurbished, the organization operates a 24-unit single-room residence, adhering to Section 221 of the National Housing Act. This initiative aims to provide affordable housing options for those in need.
Who is the CEO of 1850 North Croskey Development Corporation?
Kevin Noel is the Treasurer of 1850 North Croskey Development Corporation.
What is the revenue of 1850 North Croskey Development Corporation?
1850 North Croskey Development Corporation's revenue in 2022 was $234,631.
Who are the executives of 1850 North Croskey Development Corporation and what are their salaries?
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $216,424
- Other: $30,916
- Compensation: $0
- Related: $94,576
- Other: $62,839
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $353,308
- Other: $76,179
Where can I find the form 990 for 1850 North Croskey Development Corporation?
1850 North Croskey Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of 1850 North Croskey Development Corporation
1850 North Croskey Development Corporation is dedicated to serving the needs of low-income individuals. Their primary mission involves acquiring and rehabilitating real estate properties in various locations. Once these properties are restored, the organization operates a 24-single room residence, adhering to Section 221 of the National Housing Act. This initiative aims to provide affordable housing solutions for those who may not have access to such accommodations otherwise. The corporation's work is instrumental in improving living conditions for a significant portion of the population, thereby contributing to a more equitable society.
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Impact
October, 2024
1850 North Croskey Development Corporation significantly impacts the community in Philadelphia by addressing the critical housing needs of low-income individuals. The organization focuses on acquiring and rehabilitating real property, thereby enhancing the quality of available housing options. Through its operation of a 24 single-room residence under Section 221 of the National Housing Act, it provides safe, stable living environments for those who may otherwise struggle to find affordable housing.
This initiative not only improves the physical condition of properties but also fosters community stability and supports the well-being of its residents. By prioritizing low-income persons, 1850 North Croskey Development Corporation plays a vital role in reducing homelessness and ensuring that more community members have access to secure housing, which is essential for overall health and economic stability.
This information is meant to be a general summary of 1850 North Croskey Development 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: $129
- Program Service Revenue: $42,291
- Gross Receipts: $234,631
Assets and Liabilities:
- Total Assets: $1,840,918
- Total Liabilities: $2,421,676
- Net Assets: -$580,758
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$23,591
SUPPORTIVE SERVICE INC
Revenue
$18,700
Organization Details
Founding Year
2006
Phone
(215) 232-7229Principal Officer
Kevin Noel
Main Address
1415 FAIRMOUNT AVENUE SUITE 241, PHILADELPHIA, PA, 19130
NTEE Category
Code: L21 - Housing
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