Overview
What is Pal Fund Association?
The Pal Fund Association is a nonprofit organization situated in Linesville, Pennsylvania. Their main objective is to provide affordable housing options for senior citizens, funded by USDA - Rural Development subsidies. This organization plays a crucial role in addressing the housing needs of the elderly in rural areas, ensuring they have a secure and comfortable living environment.
Official website here: www.palfundhousing.com
Is Pal Fund Association legitimate?
Pal Fund Association is a legitimate nonprofit organization registered as a 501(c)(4) entity. Pal Fund Association 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: $16,106
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.palfundhousing.com
What is the mission statement of Pal Fund Association?
The Pal Fund Association's mission is centered around providing low-income housing, specifically for senior citizens. This is made possible through subsidies from the USDA - Rural Development program. The organization's purpose is to contribute to the well-being of this demographic by offering them suitable housing solutions. The Pal Fund Association's activities are focused on ensuring that eligible individuals have access to affordable housing, thereby improving their living conditions.
Official website here: www.palfundhousing.com
Who is the CEO of Pal Fund Association?
Rita Marwood is the President of Pal Fund Association.
Official website here: www.palfundhousing.com
What is the revenue of Pal Fund Association?
Pal Fund Association's revenue in 2022 was $194,638.
Official website here: www.palfundhousing.com
Who are the executives of Pal Fund Association and what are their salaries?
Here are 10 key members and their salaries:
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Official website here: www.palfundhousing.com
Where can I find the form 990 for Pal Fund Association?
Pal Fund Association's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.palfundhousing.com
Learn more at the official website: www.palfundhousing.com
Mission Statement of Pal Fund Association
The Pal Fund Association, as its name suggests, is committed to a mission of providing affordable housing for individuals with low income. This mission is facilitated through the utilization of subsidies from the United States Department of Agriculture's Rural Development program. Specifically, the organization focuses on catering to the housing needs of senior citizens. The Pal Fund Association aims to make a significant impact in the lives of these individuals by offering them a secure and comfortable living environment, thereby enhancing their quality of life.
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Impact
October, 2024
Pal Fund Association has a significant impact by providing low-income housing specifically for senior citizens in Linesville, PA. By leveraging USDA Rural Development subsidies, the organization helps ensure that elderly residents have access to affordable housing options, addressing a critical need within the community. This provision not only enhances the living standards of seniors but also promotes stability and independence among vulnerable populations. Ultimately, the association fosters a sense of community and support for those who may struggle to find suitable housing otherwise.
This information is meant to be a general summary of Pal Fund Association. 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: $1,985
- Program Service Revenue: $192,653
- Gross Receipts: $194,638
Assets and Liabilities:
- Total Assets: $1,886,469
- Total Liabilities: $552,235
- Net Assets: $1,334,234
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
INCOME TENANTS
Revenue
$191,820
LAUNDRY MACHINE REVENU
Revenue
$833
Organization Details
Founding Year
1965
Phone
(814) 337-5965Principal Officer
Rita Marwood
Main Address
PO BOX 187, LINESVILLE, PA, 16424
Website
www.palfundhousing.comNTEE Category
Code: Z99 - Unknown
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