Overview
What is Federation Apartments Inc?
Federation Apartments Inc is a nonprofit organization situated in Philadelphia, dedicated to providing safe, affordable, and well-managed housing for low-income senior citizens. Their mission is to offer housing opportunities that enable these seniors to maintain their independence while enjoying a high quality of life. The nonprofit accomplishes this by creating social spaces where residents can interact and engage in activities. To expand its reach, Federation Apartments Inc plans to develop additional buildings in Philadelphia and its surrounding suburbs, ensuring that as many seniors as possible have access to their services. The organization provides programs within its facilities, albeit without reporting any associated expenses.
Official website here: www.federationhousing.org
Is Federation Apartments Inc legitimate?
Federation Apartments Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Apartments 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: $0
For more financial information, click here
Official website here: www.federationhousing.org
What is the mission statement of Federation Apartments Inc?
Federation Apartments Inc's mission is centered around providing affordable housing opportunities for low-income seniors who can sustain independent living. Their goal is to create facilities where these seniors can reside and socialize, maintaining a high quality of life and level of activity. They strive to make their facilities available to as many seniors as possible by developing additional buildings, not only in Philadelphia but also in its surrounding suburbs. In essence, Federation Apartments Inc aims to contribute positively to the lives of low-income seniors by providing them with a suitable living environment.
Official website here: www.federationhousing.org
Who is the CEO of Federation Apartments Inc?
Jay Weinstein is the President of Federation Apartments Inc.
Official website here: www.federationhousing.org
What is the revenue of Federation Apartments Inc?
Federation Apartments Inc's revenue in 2022 was $158,263.
Official website here: www.federationhousing.org
Who are the executives of Federation Apartments Inc and what are their salaries?
There 1 volunteer at Federation Apartments Inc.
There is 1 key member and their salary:
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.federationhousing.org
Where can I find the form 990 for Federation Apartments Inc?
Federation Apartments Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.federationhousing.org
Learn more at the official website: www.federationhousing.org
Mission Statement of Federation Apartments Inc
Federation Apartments Inc, a nonprofit organization, is committed to providing safe, affordable, and well-managed housing to low-income seniors. Their mission is twofold. Firstly, they aim to offer affordable housing opportunities for senior citizens who are capable of maintaining an independent living environment. This not only ensures a roof over their heads but also provides them with a sense of security and stability.
Secondly, Federation Apartments Inc strives to create facilities where these seniors can reside and socialize, thereby maintaining a high quality of life and activity. By developing additional buildings in Philadelphia and its surrounding suburbs, they aim to make these opportunities available to as many seniors as possible, thereby fostering a sense of community and engagement among this demographic. The organization's ultimate goal is to enhance the lives of low-income seniors, providing them with a dignified and comfortable living environment.
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Impact
October, 2024
Federation Apartments Inc significantly enhances the quality of life for low-income seniors in Philadelphia by providing safe, affordable, and well-managed housing. By creating an environment that supports independent living, Federation Apartments empowers seniors to maintain their autonomy while ensuring they have access to essential resources and a community for social engagement.
The organization’s commitment to affordable housing not only addresses the pressing need for secure living conditions among this demographic but also fosters a sense of community, allowing residents to socialize and support each other. This emphasis on community integration is crucial for seniors, as it helps combat loneliness and promotes mental and emotional well-being.
Furthermore, Federation Apartments aims to expand its impact by developing additional facilities in Philadelphia and surrounding suburbs. This growth strategy not only increases housing availability for seniors but also reinforces the organization’s mission to ensure that more low-income seniors can enjoy a high quality of life in a supportive environment. Through its initiatives, Federation Apartments Inc plays a vital role in enhancing the lives of vulnerable seniors, ensuring they have a safe and welcoming place to call home.
This information is meant to be a general summary of Federation Apartments 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: $158,263
- Gross Receipts: $158,263
Assets and Liabilities:
- Total Assets: $2,850,273
- Total Liabilities: $0
- Net Assets: $2,850,273
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Organization Details
Founding Year
1972
Phone
(215) 673-6446Principal Officer
Jay Weinstein
Main Address
8900 ROOSEVELT BLVD, PHILADELPHIA, PA, 191155060
Website
www.federationhousing.orgNTEE Category
Code: L22 - Housing
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