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Tenth Memorial Non-Profit Development Corporation

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

EIN: 222538855 ✦ Philadelphia, PA ✦ Designated as a 501(c)(3)

Overview

What is Tenth Memorial Non-Profit Development Corporation?

Tenth Memorial Non-Profit Development Corporation is a charitable organization situated in Philadelphia, Pennsylvania. The primary focus of this nonprofit is to provide affordable housing opportunities for both senior citizens and families, supported by the United States Department of Housing and Urban Development. They manage and maintain 60 units of subsidized apartments, ensuring that these living spaces meet the needs of their residents. Their mission to provide low-income housing is a testament to their commitment to community development and social welfare.


Is Tenth Memorial Non-Profit Development Corporation legitimate?

Tenth Memorial Non-Profit Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tenth Memorial Non-Profit 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $122,560

For more financial information, click here


What is the mission statement of Tenth Memorial Non-Profit Development Corporation?
Who is the CEO of Tenth Memorial Non-Profit Development Corporation?
What is the revenue of Tenth Memorial Non-Profit Development Corporation?
Who are the executives of Tenth Memorial Non-Profit Development Corporation and what are their salaries?
Where can I find the form 990 for Tenth Memorial Non-Profit Development Corporation?

Mission Statement of Tenth Memorial Non-Profit Development Corporation

Tenth Memorial Non-Profit Development Corporation is dedicated to providing affordable housing solutions for senior citizens and families in need. This organization receives subsidies from the United States Department of Housing and Urban Development to accomplish its mission. Specifically, Tenth Memorial Non-Profit Development Corporation manages 60 units of low-income apartments designed for senior citizens and families, ensuring that they have a secure and comfortable living environment. By offering subsidized housing, the corporation plays a crucial role in addressing the housing needs of vulnerable populations and contributing to their overall well-being.

Impact

This information is meant to be a general summary of Tenth Memorial Non-Profit Development Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Tenth Memorial Development Corporation provides essential low-income housing for senior citizens and families in Philadelphia. Through its 60 units of subsidized apartments, it directly supports those in need, ensuring they have a safe and affordable place to live. This impactful work contributes to the well-being and stability of vulnerable populations, demonstrating a commitment to improving the quality of life for those it serves.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $56
  • Program Service Revenue: $988,922
  • Gross Receipts: $988,978

    • Assets and Liabilities:
  • Total Assets: $1,549,657
  • Total Liabilities: $4,303,950
  • Net Assets: -$2,754,293
  • Programs

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

    RENTAL INCOME

    Revenue

    $215,224

    LAUNDRY/VENDING

    Revenue

    $3,091

    TENANT CHARGES

    Revenue

    $329

    FEES & CONTRACTS FROM GOVERNMENT AGENCIES

    Revenue

    $770,278

    Organization Details

    Founding Year

    1984

    Principal Officer

    William B Moore

    Main Address

    1999 RIDGE AVENUE, PHILADELPHIA, PA, 19121

    NTEE Category

    Code: L210 - Housing

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