Overview
What is George T Douris Housing Development Corporation?
George T. Douris Housing Development Corporation is a nonprofit organization situated in Astoria, New York. Its primary mission is to maintain ownership of the George Douris Tower Housing Project, a building that offers affordable housing for senior residents. The organization is also responsible for constructing the accompanying parking garage for this project. The corporation aims to contribute to the community by providing low-income housing solutions for this specific demographic.
Official website here: www.hanac.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star Rating
The George T Douris Housing Development Corporation has earned a respectable Three-Star rating from Charity Navigator, reflecting a solid Accountability & Finance score of 82%. This rating highlights the organization’s commitment to transparency and fiscal responsibility, which is crucial for maintaining trust with donors and stakeholders.
The organization boasts a fully independent board, with all ten members being independent, and excellent governance practices as evidenced by their comprehensive policies, including conflict of interest and whistleblower protections. Their program expense ratio is notably high at 99.46%, indicating that nearly all of their expenditures go directly toward their mission-related activities, which is a significant strength.
However, while the organization performs well in financial accountability, the summary does not provide insights into program outcomes or community impact. This limitation could be a consideration for potential donors seeking to understand the broader effectiveness of their charitable efforts.
This AI summary has been generated from information found on Charity Navigator.
Is George T Douris Housing Development Corporation legitimate?
George T Douris Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. George T Douris Housing 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
For more financial information, click here
Official website here: www.hanac.com
What is the mission statement of George T Douris Housing Development Corporation?
The George T. Douris Housing Development Corporation's primary objective is to maintain ownership of the George Douris Tower Housing Project. This project offers affordable housing for senior citizens. Beyond this, the organization is also responsible for constructing an accompanying parking garage for the housing project. In essence, the corporation's mission is to ensure the continuity and enhancement of this vital low-income housing facility for the elderly.
Official website here: www.hanac.com
Who is the CEO of George T Douris Housing Development Corporation?
Stacy Bliagos is the Executive Director of George T Douris Housing Development Corporation.
Official website here: www.hanac.com
What is the revenue of George T Douris Housing Development Corporation?
George T Douris Housing Development Corporation's revenue in 2022 was $0.
Official website here: www.hanac.com
Who are the executives of George T Douris Housing Development Corporation and what are their salaries?
There 6 volunteers at George T Douris Housing Development Corporation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
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- Other: $0
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- Related: $147,599
- Other: $19,367
- Compensation: $0
- Related: $149,671
- Other: $19,367
- Compensation: $0
- Related: $110,210
- Other: $19,200
Official website here: www.hanac.com
Where can I find the form 990 for George T Douris Housing Development Corporation?
George T Douris Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.hanac.com
Learn more at the official website: www.hanac.com
Mission Statement of George T Douris Housing Development Corporation
George T. Douris Housing Development Corporation is an organization with a mission to preserve the title for the George Douris Tower Housing Project, providing affordable living accommodations for senior citizens. This nonprofit entity is also responsible for constructing the accompanying parking garage for the housing project. The primary aim of George T. Douris Housing Development Corporation is to ensure the continuity of this low-income senior housing facility, thereby contributing to the well-being and comfort of its elderly residents.
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Impact
October, 2024
George T Douris Housing Development Corporation plays a vital role in addressing the housing needs of low-income seniors through the George Douris Tower Housing Project. By retaining ownership of this development, the organization ensures that affordable housing options remain available for one of the most vulnerable populations in the community.
In addition to providing essential housing, the corporation is responsible for the construction of a parking garage that supports the residents of the George Douris Tower, enhancing their living experience. This combination of affordable living and necessary amenities demonstrates a commitment to improving the quality of life for seniors in Astoria, NY, fostering a sense of stability and community for its residents. The impact is significant, as it not only provides a roof over heads but also helps create an environment where seniors can live independently and with dignity.
This information is meant to be a general summary of George T Douris Housing 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.
Assets and Liabilities:
- Total Assets: $2,192,662
- Total Liabilities: $2,650,000
- Net Assets: -$457,338
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Organization Details
Founding Year
2006
Phone
(212) 840-8005Principal Officer
Stacy Bliagos
Main Address
27-40 HOYT AVENUE SOUTH 2ND FLOOR, ASTORIA, NY, 11102
Website
www.hanac.comNTEE Category
Code: L111 - Housing
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