Overview
What is Akeley Landing Housing Development Fund Corporation?
Akeley Landing Housing Development Fund Corporation, based in Rochester, New York, is a nonprofit organization dedicated to developing and overseeing a 10-unit apartment complex specifically designed for elderly individuals. This project falls under HUD Section 202, serving a total of 10 clients. Their mission is to create and manage a housing project for the elderly, ensuring they have a suitable living space under the National Affordable Housing Act.
Official website here: www.ulr.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating.
Akeley Landing Housing Development Fund Corporation has garnered a solid Three-Star rating from Charity Navigator, reflecting a strong score of 87% in Accountability & Finance. This rating indicates that the organization demonstrates a commendable level of transparency and responsible financial management, with no reported issues regarding material diversion of assets.
Strengths of the organization include a fully independent board, comprehensive policies in place such as conflict of interest and whistleblower protections, and a high program expense ratio of 76.37%. These factors suggest that the nonprofit is effectively utilizing its resources to fulfill its mission while maintaining robust governance practices.
Despite its strengths, the rating is derived solely from the Accountability & Finance beacon, which may limit a broader assessment of the organization's performance in other areas. As such, while Akeley Landing Housing Development Fund Corporation demonstrates sound financial practices, potential donors may wish to consider additional metrics beyond accountability before making contributions.
This AI summary has been generated from information found on Charity Navigator.
Is Akeley Landing Housing Development Fund Corporation legitimate?
Akeley Landing Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Akeley Landing 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $12,215
For more financial information, click here
Official website here: www.ulr.org
What is the mission statement of Akeley Landing Housing Development Fund Corporation?
The Akeley Landing Housing Development Fund Corporation's mission is centered around developing and managing a housing project specifically designed for elderly individuals. This endeavor is carried out under Section 202 of the National Affordable Housing Act. Their primary objective is to oversee the operation of a 10-unit apartment complex, catering to the needs of elderly residents. This corporation's mission is geared towards providing a suitable living environment for this particular demographic, contributing to their comfort and well-being.
Official website here: www.ulr.org
Who is the CEO of Akeley Landing Housing Development Fund Corporation?
Seanelle Hawkins is the Chair Person of Akeley Landing Housing Development Fund Corporation. The CEO's salary of Akeley Landing Housing Development Fund Corporation is $0 and their total compensation is $165,952.
Official website here: www.ulr.org
What is the revenue of Akeley Landing Housing Development Fund Corporation?
Akeley Landing Housing Development Fund Corporation's revenue in 2022 was $61,709.
Official website here: www.ulr.org
Who are the executives of Akeley Landing Housing Development Fund Corporation and what are their salaries?
There 2 volunteers at Akeley Landing Housing Development Fund Corporation.
Here are 5 key members and their salaries (Akeley Landing Housing Development Fund Corporation's CEO's salary is $0 and their total compensation is $165,952):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $34,745
- Other: $3,178
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $153,247
- Other: $12,705
- Compensation: $0
- Related: $40,680
- Other: $1,273
Official website here: www.ulr.org
Where can I find the form 990 for Akeley Landing Housing Development Fund Corporation?
Akeley Landing Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ulr.org
Learn more at the official website: www.ulr.org
Mission Statement of Akeley Landing Housing Development Fund Corporation
Akeley Landing Housing Development Fund Corporation is committed to developing and operating a housing project specifically designed for elderly individuals, in line with Section 202 of the National Affordable Housing Act. This mission leads the organization to oversee a ten-unit apartment complex, catering to elderly individuals (serving approximately ten clients). The corporation's efforts aim to provide a secure living environment for this age group, ensuring their comfort and well-being.
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Impact
August, 2024
Akeley Landing Housing Development Fund Corporation has made a significant impact by developing and operating a 10-unit apartment complex for elderly individuals under HUD Section 202 in Rochester, NY. This initiative has provided housing for 10 elderly clients, addressing the critical need for affordable housing for this demographic. The organization's work directly contributes to supporting the housing needs of elderly individuals and enhancing their quality of life.
This information is meant to be a general summary of Akeley Landing 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5
- Program Service Revenue: $22,705
- Gross Receipts: $61,709
Assets and Liabilities:
- Total Assets: $1,321,658
- Total Liabilities: $70,516
- Net Assets: $1,251,142
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$22,705
Organization Details
Founding Year
2010
Phone
(585) 325-6530Principal Officer
Seanelle Hawkins
Main Address
312 STATE STREET, ROCHESTER, NY, 14608
Website
www.ulr.orgNTEE Category
Code: L21 - Housing
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