Overview
What is Islandview Housing Development Fund Company Inc?
Islandview Housing Development Fund Company Inc is a nonprofit organization situated in Buffalo, New York, specifically at 2393 Main Street, 14214. Their primary mission is to address the housing needs of individuals with low income, as they identified a lack of adequate housing in the area. To fulfill this mission, they operate a 50-unit multi-family apartment complex in Grand Island, New York. Their work aims to provide a housing solution for those who might otherwise be struggling to find affordable and suitable living accommodations.
Is Islandview Housing Development Fund Company Inc legitimate?
Islandview Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Islandview Housing Development Fund Company Inc 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: $59,340
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What is the mission statement of Islandview Housing Development Fund Company Inc?
The Islandview Housing Development Fund Company Inc's mission is centered around providing housing for individuals of low income, as they lack adequate housing options. This mission is carried out through their operations, such as managing a 50-unit multi-family apartment complex in Grand Island, New York. The company's primary goal is to alleviate the housing needs of those in economic distress, ensuring they have a place to call home. By providing housing, the company contributes to enhancing the living conditions and overall well-being of these individuals.
Who is the CEO of Islandview Housing Development Fund Company Inc?
Michael Riegel is the Board Member/Board Preside of Islandview Housing Development Fund Company Inc.
What is the revenue of Islandview Housing Development Fund Company Inc?
Islandview Housing Development Fund Company Inc's revenue in 2022 was $379,890.
Who are the executives of Islandview Housing Development Fund Company Inc and what are their salaries?
There 3 volunteers at Islandview Housing Development Fund Company Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $183,687
- Other: $23,886
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $81,864
- Other: $10,040
- Compensation: $0
- Related: $129,107
- Other: $21,089
Where can I find the form 990 for Islandview Housing Development Fund Company Inc?
Islandview Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Islandview Housing Development Fund Company Inc
Islandview Housing Development Fund Company Inc is dedicated to providing housing solutions for individuals of low income, recognizing the lack of adequate housing in certain areas. Their mission is to construct and maintain housing facilities that cater to this specific demographic, ensuring they have a safe and comfortable place to call home. By operating a 50-unit multi-family apartment complex in Grand Island, New York, Islandview Housing Development Fund Company Inc has demonstrated its commitment to this cause, providing essential housing for those in need.
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Impact
October, 2024
Islandview Housing Development Fund Company Inc has a significant impact by addressing the critical need for affordable housing in Grand Island, New York. By operating a 50-unit multi-family apartment complex, it provides a safe and stable living environment for individuals and families with low income who might otherwise struggle to find adequate housing. This initiative not only alleviates housing shortages in the area but also enhances the overall economic and social well-being of residents by fostering community stability and providing access to essential services. Through its efforts, Islandview contributes to reducing homelessness and improving the quality of life for those in need, making a lasting difference within the Buffalo region.
This information is meant to be a general summary of Islandview Housing Development Fund Company Inc. 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: $477
- Program Service Revenue: $354,143
- Gross Receipts: $379,890
Assets and Liabilities:
- Total Assets: $1,118,101
- Total Liabilities: $1,469,610
- Net Assets: -$351,509
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$354,143
Organization Details
Founding Year
1985
Phone
(716) 884-7791Principal Officer
Michael Riegel
Main Address
2393 MAIN STREET, BUFFALO, NY, 14214
NTEE Category
Code: L20Z - Housing
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