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Friendship Manor Housing Development Fund Company Inc

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

EIN: 222964992 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Friendship Manor Housing Development Fund Company Inc?

Friendship Manor Housing Development Fund Company Inc, located in Buffalo, New York, is a dedicated nonprofit organization that focuses on housing development and management for individuals with low income. Their primary mission is to provide affordable housing solutions within the community. This organization is committed to making a positive impact on the lives of those in need, offering housing-related services and resources.


Official website here: www.friendshipmapts@aol.com

Is Friendship Manor Housing Development Fund Company Inc legitimate?

Friendship Manor Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Friendship Manor 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: $90,234

For more financial information, click here


Official website here: www.friendshipmapts@aol.com

What is the mission statement of Friendship Manor Housing Development Fund Company Inc?

The mission of Friendship Manor Housing Development Fund Company is focused on providing housing solutions for individuals with limited income. This nonprofit organization strives to make a positive impact by dedicating its efforts towards low-income housing. By doing so, it contributes to alleviating housing challenges for those in need. The company's mission is aimed at promoting affordable living opportunities, thereby enhancing the quality of life for its beneficiaries.


Official website here: www.friendshipmapts@aol.com

Who is the CEO of Friendship Manor Housing Development Fund Company Inc?

Deacon Grady Thompson is the President of Friendship Manor Housing Development Fund Company Inc.


Official website here: www.friendshipmapts@aol.com

What is the revenue of Friendship Manor Housing Development Fund Company Inc?

Friendship Manor Housing Development Fund Company Inc's revenue in 2022 was $520,951.


Official website here: www.friendshipmapts@aol.com

Who are the executives of Friendship Manor Housing Development Fund Company Inc and what are their salaries?

The average compensation at Friendship Manor Housing Development Fund Company Inc during 2022 was $30,078. There are 3 employees at Friendship Manor Housing Development Fund Company Inc.


Here are 6 key members and their salaries:


Deacon Grady Thompson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Evetta Cannon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Linda Prince (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Linder (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alforna Evans (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greta Anthony (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.friendshipmapts@aol.com

Where can I find the form 990 for Friendship Manor Housing Development Fund Company Inc?

Friendship Manor Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.friendshipmapts@aol.com

Learn more at the official website: www.friendshipmapts@aol.com

Mission Statement of Friendship Manor Housing Development Fund Company Inc

Friendship Manor Housing Development Fund Company is dedicated to the provision of affordable housing solutions for individuals with low income. As a housing development or management nonprofit, its mission is centered around this fundamental need. The organization aims to create and manage housing that is accessible and affordable, catering to individuals who may struggle financially to secure suitable living arrangements. By focusing on low-income housing, Friendship Manor Housing Development Fund Company contributes to the well-being and stability of its community, ensuring that everyone has a decent place to call home.

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Impact




October, 2024

Friendship Manor Housing Development Fund Company Inc plays a vital role in providing low-income housing solutions in Buffalo, NY. By developing and managing affordable housing options, the organization addresses a crucial need within the community for safe and accessible living conditions. Its focus on low-income housing contributes significantly to alleviating homelessness and housing insecurity, allowing residents to find stability and improve their quality of life.

With its commitment to affordable housing, Friendship Manor fosters a sense of community and belonging among its residents. The availability of low-income housing options helps to enhance the social fabric of Buffalo, enabling individuals and families to thrive despite economic challenges. By ensuring that affordable housing is within reach, the organization also supports local economies, encouraging diversity and inclusivity within the neighborhood.

Overall, Friendship Manor Housing Development Fund Company Inc is instrumental in making housing more accessible, helping to break the cycle of poverty, and promoting equitable opportunities for all residents in Buffalo.




This information is meant to be a general summary of Friendship Manor 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.

Revenue
$520,951 (2022)
Expenses
$527,433 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $267
  • Program Service Revenue: $519,185
  • Gross Receipts: $520,951

Assets and Liabilities:

  • Total Assets: $1,885,740
  • Total Liabilities: $2,353,518
  • Net Assets: -$467,778

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Programs

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

TENANT RENTAL PAYMENTS

Revenue

$519,185

Organization Details

Founding Year

1989

Principal Officer

Deacon Grady Thompson

Main Address

402 CLINTON STREET, BUFFALO, NY, 14204

NTEE Category

Code: L200 - Housing

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