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St Mark's Terrace Dundee Housing Development Fund Corporation

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

EIN: 223186268 ✦ Penn yan, NY ✦ Designated as a 501(c)(3)

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Overview

What is St Mark's Terrace Dundee Housing Development Fund Corporation?

St. Mark's Terrace Dundee Housing Development Fund Corporation is a nonprofit organization situated in Penn Yan, New York. Its primary mission is to offer affordable and safe housing for low-income seniors aged 62 or older in Dundee, New York. The housing complex is strategically located near essential amenities like grocery stores, banks, churches, libraries, post offices, pharmacies, restaurants, and shopping districts, making it an attractive option for seniors who may no longer wish to drive. The organization ensures that its residents can maintain their dignity and independence while providing access to healthcare services and offering opportunities for social, recreational, and spiritual activities. A rental subsidy may be available for eligible tenants, with the corporation currently serving 39 residents. The organization employs a team of 5 individuals to achieve its objectives.


Official website here: www.stmarksterrace.net

Is St Mark's Terrace Dundee Housing Development Fund Corporation legitimate?

St Mark's Terrace Dundee Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Mark's Terrace Dundee 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: $31,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $85,891

For more financial information, click here


Official website here: www.stmarksterrace.net

What is the mission statement of St Mark's Terrace Dundee Housing Development Fund Corporation?

The St. Mark's Terrace Housing Development Fund Corporation's mission is centered around providing a secure and comfortable living environment for its residents, allowing them to maintain their dignity and independence. This is accomplished by offering access to healthcare services and providing opportunities for social, recreational, and spiritual activities. The corporation's primary housing program aims to provide affordable and safe housing for low-income seniors, with many amenities such as grocery stores, banks, churches, libraries, and shopping districts nearby. The tenants must be 62 years of age or older and capable of living independently. A rental subsidy may be available for eligible individuals.


Official website here: www.stmarksterrace.net

Who is the CEO of St Mark's Terrace Dundee Housing Development Fund Corporation?

Debra Hafleigh is the President of St Mark's Terrace Dundee Housing Development Fund Corporation.


Official website here: www.stmarksterrace.net

What is the revenue of St Mark's Terrace Dundee Housing Development Fund Corporation?

St Mark's Terrace Dundee Housing Development Fund Corporation's revenue in 2022 was $299,959.


Official website here: www.stmarksterrace.net

Who are the executives of St Mark's Terrace Dundee Housing Development Fund Corporation and what are their salaries?

The average compensation at St Mark's Terrace Dundee Housing Development Fund Corporation during 2022 was $23,486. There are 5 employees and 10 volunteers at St Mark's Terrace Dundee Housing Development Fund Corporation.


Here are 12 key members and their salaries:


Rev Columba Salamony (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Harris (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Hopkins (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karen Christiansen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donna Harris (Recording Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Bacher (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gail Belmore (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Baron (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Craig Sandberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Henderson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ann Wolden (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debra Hafleigh (Administrator)
  • Compensation: $31,537
  • Related: $51,286
  • Other: $12,221


Official website here: www.stmarksterrace.net

Where can I find the form 990 for St Mark's Terrace Dundee Housing Development Fund Corporation?

St Mark's Terrace Dundee Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stmarksterrace.net

Learn more at the official website: www.stmarksterrace.net

Mission Statement of St Mark's Terrace Dundee Housing Development Fund Corporation

St. Mark's Terrace Housing Development Fund Corporation is committed to providing a secure and welcoming environment for its elderly residents. This mission aims to uphold their dignity and independence while offering them access to essential health care services. Beyond this, the organization provides opportunities for social, recreational, and spiritual activities. By doing so, it supports its residents in maintaining an active and fulfilling lifestyle. The corporation's ultimate goal is to create a nurturing environment that fosters independence and well-being for its senior residents.

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Impact




October, 2024

St. Mark's Terrace Dundee Housing Development Fund Corporation significantly enhances the quality of life for low-income seniors in Dundee, New York, by providing affordable and safe housing options. This initiative offers a secure and hospitable environment where residents can maintain their dignity and independence.

By ensuring proximity to essential local amenities such as grocery stores, banks, churches, and other facilities, the development caters specifically to seniors who may no longer wish to drive. This accessibility promotes active living and social interaction among tenants, fostering a sense of community.

Additionally, the organization addresses broader health and wellness needs by facilitating access to healthcare services and organizing social, recreational, and spiritual activities. These offerings not only support the physical well-being of the residents but also contribute to their emotional and social fulfillment. With the capacity to serve 39 tenants, St. Mark's Terrace plays a pivotal role in helping seniors age gracefully within a supportive environment.




This information is meant to be a general summary of St Mark's Terrace Dundee 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
$299,959 (2022)
Expenses
$367,793 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $99
  • Program Service Revenue: $297,767
  • Gross Receipts: $299,959

Assets and Liabilities:

  • Total Assets: $1,203,343
  • Total Liabilities: $46,795
  • Net Assets: $1,156,548

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$163,219

RENTAL INCOME

Revenue

$134,548

Organization Details

Founding Year

1992

Principal Officer

Debra Hafleigh

Main Address

110 CHAPEL STREET, PENN YAN, NY, 14527

NTEE Category

Code: L20Z - Housing

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