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Lord Howe Estates Housing Development Fund Corporation

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

EIN: 222434840 ✦ Ticonderoga, NY ✦ Designated as a 501(c)(3)

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Overview

What is Lord Howe Estates Housing Development Fund Corporation?

Lord Howe Estates Housing Development Fund Corporation is a not-for-profit organization situated in Ticonderoga, New York. Its primary mission is to provide affordable housing for senior citizens and individuals with disabilities, operating a 40-unit housing project specifically designed for this purpose. The company aims to cater to the housing needs of those with limited income, ensuring that elderly and disabled residents have access to safe and comfortable living spaces.

Is Lord Howe Estates Housing Development Fund Corporation legitimate?

Lord Howe Estates Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lord Howe Estates 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: $63,008

For more financial information, click here

What is the mission statement of Lord Howe Estates Housing Development Fund Corporation?

The Lord Howe Estates Housing Development Fund Corporation is a not-for-profit organization with a mission to provide affordable housing for elderly and disabled tenants. Established as a corporation, its primary activity involves operating a 40-unit housing project for low and moderate-income senior citizens and disabled residents. The corporation's goal is to ensure that these vulnerable groups have access to affordable housing, thereby improving their quality of life.

Who is the CEO of Lord Howe Estates Housing Development Fund Corporation?

Roland Allen is the Trustee of Lord Howe Estates Housing Development Fund Corporation.

What is the revenue of Lord Howe Estates Housing Development Fund Corporation?

Lord Howe Estates Housing Development Fund Corporation's revenue in 2022 was $373,457.

Who are the executives of Lord Howe Estates Housing Development Fund Corporation and what are their salaries?


Here are 5 key members and their salaries:


Michael Diskin (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Allen (Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Dedrick (Vice Chair Person)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ross Kelley (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chattie Van Wert (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lord Howe Estates Housing Development Fund Corporation?

Lord Howe Estates Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lord Howe Estates Housing Development Fund Corporation

Lord Howe Estates Housing Development Fund Corporation is a non-profit organization with a mission to provide affordable housing for elderly and disabled tenants. Established as a corporation, its primary objective is to operate a 40-unit housing project specifically designed for low and moderate-income senior citizens and individuals with disabilities. The corporation's mission is to ensure that these vulnerable groups have access to affordable housing, providing them with a secure living environment. By doing so, Lord Howe Estates Housing Development Fund Corporation aims to contribute positively to the well-being and quality of life of its tenant population.

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Impact




October, 2024

Lord Howe Estates Housing Development Fund Corporation plays a crucial role in enhancing the quality of life for elderly and disabled residents in Ticonderoga, New York, by providing affordable housing options. The organization operates a housing project consisting of 40 apartment units specifically designed for low and moderate-income senior citizens and individuals with disabilities.

By addressing the housing needs of these vulnerable populations, Lord Howe Estates alleviates the financial burden often associated with housing costs, thereby fostering a sense of security and stability. Residents in these units gain access to a supportive community environment, which can enhance social interactions and promote well-being.

Furthermore, the availability of affordable housing contributes to the overall health of the local economy by enabling seniors and disabled individuals to remain in their community, promoting local spending, and reducing the strain on social service networks. Overall, Lord Howe Estates Housing Development Fund Corporation significantly impacts the lives of its residents while contributing to a more inclusive community in Ticonderoga.




This information is meant to be a general summary of Lord Howe Estates 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.

Revenue
$373,457 (2022)
Expenses
$330,055 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $242
  • Program Service Revenue: $373,215
  • Gross Receipts: $373,457

Assets and Liabilities:

  • Total Assets: $1,157,443
  • Total Liabilities: $1,318,458
  • Net Assets: -$161,015

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Programs

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

RENT REVENUE

Revenue

$369,723

LAUNDRY AND VENDING IN

Revenue

$2,471

TENANT CHARGES

Revenue

$1,002

MISCELLANEOUS REVENUE

Revenue

$19

Organization Details

Founding Year

1980

Principal Officer

Roland Allen

Main Address

1019 WICKER STREET, TICONDEROGA, NY, 12883

NTEE Category

Code: L20Z - Housing

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