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August P Petrillo Housing

Development Fund Company Inc

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

EIN: 237219117 ✦ New rochelle, NY ✦ Designated as a 501(c)(3)

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Overview

What is August P Petrillo Housing?

August P Petrillo Housing, identified as Development Fund Company Inc, is a nonprofit organization situated at 104 Gail Drive, New Rochelle, NY 10805. Their primary objective is to establish and manage a housing facility catering to individuals with limited income and essential needs. This organization is committed to providing a living space for those who require such assistance.

Is August P Petrillo Housing legitimate?

August P Petrillo Housing is a legitimate nonprofit organization registered as a 501(c)(3) entity. August P Petrillo Housing 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: $96,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of August P Petrillo Housing?

August P Petrillo Housing is committed to developing and managing a housing facility, catering to individuals with low income and those in need. Their mission is centered around providing a suitable living space for these individuals, aiming to make a positive impact on their lives. By establishing and operating this housing facility, they aim to contribute to a more inclusive and supportive community. The organization's activities primarily focus on creating a safe and comfortable living environment for those who require assistance with affordable housing.

Who is the CEO of August P Petrillo Housing?

Geraldine Christiana is the President of August P Petrillo Housing.

What is the revenue of August P Petrillo Housing?

August P Petrillo Housing's revenue in 2022 was $145,843.

Who are the executives of August P Petrillo Housing and what are their salaries?


Here are 4 key members and their salaries:


Geraldine Christiana (President)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Dorothy Rock (Treasurer)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Martin Rosenberg (Vice President)
  • Compensation: $24,000
  • Related: $0
  • Other: $0
Joan Meade (Secretary)
  • Compensation: $24,200
  • Related: $0
  • Other: $0
Where can I find the form 990 for August P Petrillo Housing?

August P Petrillo Housing's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of August P Petrillo Housing

August P Petrillo Housing, as its mission statement implies, is dedicated to developing and operating a housing facility for individuals and families who fall under the category of low income and those in need. This nonprofit organization's primary objective is to provide a suitable living environment for these individuals, aiming to alleviate their housing difficulties. By doing so, August P Petrillo Housing contributes to the betterment of these individuals' livelihoods, providing them with a solid foundation upon which they can build a stable and secure future. The organization's mission is a testament to its commitment to addressing the critical issue of housing insecurity, offering a solution for those who are financially disadvantaged or face other challenges that make secure housing elusive.

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Impact




October, 2024

August P Petrillo Housing significantly impacts the community by addressing the critical need for affordable housing among low-income and needy individuals in New Rochelle, NY. By developing and operating a dedicated housing facility, it provides a stable living environment that promotes security and independence for vulnerable populations. This initiative not only helps alleviate housing shortages but also fosters community integration and support for residents who may otherwise struggle to find safe and affordable homes. Through its efforts, August P Petrillo Housing plays a vital role in improving the quality of life for individuals and families facing economic challenges, ultimately contributing to the overall health and resilience of the local community.




This information is meant to be a general summary of August P Petrillo Housing. 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
$145,843 (2022)
Expenses
$230,463 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $140,828
  • Program Service Revenue: $32,180
  • Gross Receipts: $751,881

Assets and Liabilities:

  • Total Assets: $10,297,884
  • Total Liabilities: $8,427,543
  • Net Assets: $1,870,341

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Programs

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

INCENTIVE MANAGEMENT FEE

Revenue

$32,180

Organization Details

Founding Year

1972

Principal Officer

Geraldine Christiana

Main Address

104 GAIL DRIVE, NEW ROCHELLE, NY, 10805

NTEE Category

Code: L20 - Housing

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