Highland Terrace Housing Corporatio

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

EIN: 251730915 ✦ New castle, PA ✦ Designated as a 501(c)(3)

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Overview

What is Highland Terrace Housing Corporatio?

Highland Terrace Housing Corporation is a nonprofit organization situated in New Castle, Pennsylvania. Their primary mission is to provide subsidized housing solutions for the elderly, adhering to the Section 202 program from the U.S. Department of Housing and Urban Development (HUD). This initiative aims to offer comfortable living accommodations for senior citizens, ensuring their well-being and independence.

Is Highland Terrace Housing Corporatio legitimate?

Highland Terrace Housing Corporatio is a legitimate nonprofit organization registered as a 501(c)(3) entity. Highland Terrace Housing Corporatio 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: $98,575

For more financial information, click here

What is the mission statement of Highland Terrace Housing Corporatio?

Highland Terrace Housing Corporation's mission revolves around providing Section 202 HUD subsidized housing for the elderly. This mission statement essentially aims to offer affordable and subsidized housing solutions for the elderly population, ensuring they have access to suitable living conditions. The corporation's activities are centered around this mission, focusing on providing a secure and supportive housing environment for the elderly. It should be noted that this organization's mission is primarily concerned with housing, specifically catering to the elderly population through the utilization of Section 202 HUD subsidies.

Who is the CEO of Highland Terrace Housing Corporatio?

John J Hadgkiss is the Director of Highland Terrace Housing Corporatio.

What is the revenue of Highland Terrace Housing Corporatio?

Highland Terrace Housing Corporatio's revenue in 2023 was $385,570.

Who are the executives of Highland Terrace Housing Corporatio and what are their salaries?


Here are 7 key members and their salaries:


Joseph Gloclano (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dominick Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Grant (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John J Hadgkiss (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Lechner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Litrenta (Secretary/Tr)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Sarandrea (Asst., Secre)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Highland Terrace Housing Corporatio?

Highland Terrace Housing Corporatio's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Highland Terrace Housing Corporatio

Highland Terrace Housing Corporation is dedicated to providing subsidized housing for the elderly, as stated by its mission and activity description. This organization, in its effort to support elderly individuals, uses Section 202 housing programs provided by the U.S. Department of Housing and Urban Development (HUD). Highland Terrace Housing Corporation focuses on offering affordable and safe living spaces for the elderly population, thereby ensuring that they have a comfortable and secure environment to reside in. The organization's commitment to the welfare of the elderly population is evident in its mission to provide Section 202 HUD subsidized housing.

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Impact




October, 2024

Highland Terrace Housing Corporation provides vital support in the form of Section 202 HUD subsidized housing for the elderly in New Castle, PA. By offering affordable living options, it enhances the quality of life for seniors who may be facing financial constraints, ensuring they have access to safe and stable housing. This initiative addresses the critical need for senior-friendly accommodations, fosters a sense of community, and promotes independence among elderly residents. The organization plays a pivotal role in helping this vulnerable population maintain their dignity and improve their overall well-being, while also contributing positively to the local community by ensuring that seniors have a place to call home.




This information is meant to be a general summary of Highland Terrace Housing Corporatio. 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
$385,570 (2023)
Expenses
$417,097 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $33
  • Program Service Revenue: $135,547
  • Gross Receipts: $385,570

Assets and Liabilities:

  • Total Assets: $1,249,745
  • Total Liabilities: $2,600,377
  • Net Assets: -$1,350,632

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$135,547

Organization Details

Founding Year

1994

Principal Officer

John J Hadgkiss

Main Address

210 N CEDAR ST, NEW CASTLE, PA, 16102

NTEE Category

Code: L22 - Housing

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