Overview
What is Palatine Manor Housing Development Fund Corporation?
Palatine Manor Housing Development Fund Corporation is a nonprofit organization situated in Germantown, New York. Their primary mission is to offer affordable housing for elderly individuals with low income. Established and currently in operation, their project provides a safe and comfortable living environment for this specific demographic. This vital service contributes significantly to the community by ensuring the elderly population has access to suitable accommodations.
Is Palatine Manor Housing Development Fund Corporation legitimate?
Palatine Manor Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palatine Manor 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: $0
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What is the mission statement of Palatine Manor Housing Development Fund Corporation?
The Palatine Manor Housing Development Fund Corporation is dedicated to providing affordable housing solutions for the elderly individuals of low income. Operating on a non-profit basis, they have developed and oversee a housing project, located elsewhere, that offers affordable living accommodations specifically designed for this group. Their mission is centered around ensuring that elderly individuals in financial need have access to suitable and affordable housing options.
Who is the CEO of Palatine Manor Housing Development Fund Corporation?
Andrea Dipace is the President of Palatine Manor Housing Development Fund Corporation.
What is the revenue of Palatine Manor Housing Development Fund Corporation?
Palatine Manor Housing Development Fund Corporation's revenue in 2022 was $435,925.
Who are the executives of Palatine Manor Housing Development Fund Corporation and what are their salaries?
Here are 3 key members and their salaries:
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- Other: $0
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Where can I find the form 990 for Palatine Manor Housing Development Fund Corporation?
Palatine Manor Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Palatine Manor Housing Development Fund Corporation
Palatine Manor Housing Development Fund Corporation is dedicated to providing affordable housing options for the elderly who fall under the low-income bracket. Established on a non-profit basis, this organization has developed and manages a housing project that caters specifically to this demographic. The mission of Palatine Manor Housing Development Fund Corporation is to ensure that elderly individuals have access to suitable and affordable living spaces, thereby enhancing their quality of life. By providing such housing, the organization aims to contribute positively to the community and support those who may otherwise struggle with housing costs.
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Impact
October, 2024
Palatine Manor Housing Development Fund Corporation significantly impacts the community by providing affordable housing specifically designed for low-income elderly individuals. Located in Germantown, New York, it addresses a critical need for senior citizens who often face financial barriers in securing safe and suitable living conditions. By developing and operating this housing project, Palatine Manor enhances the quality of life for its residents, fostering a supportive environment where elderly individuals can live with dignity and independence. This initiative not only alleviates housing insecurity among vulnerable populations but also contributes to the overall well-being of the community by ensuring that older adults have stable homes. The focus on affordable housing plays a vital role in promoting social equity and inclusion for elderly residents in the region.
This information is meant to be a general summary of Palatine Manor 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: $352
- Program Service Revenue: $257,134
- Gross Receipts: $435,925
Assets and Liabilities:
- Total Assets: $938,013
- Total Liabilities: $3,653,101
- Net Assets: -$2,715,088
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$257,134
Organization Details
Founding Year
1997
Principal Officer
Andrea Dipace
Main Address
32 CHURCH AVENUE, GERMANTOWN, NY, 125260115
NTEE Category
Code: L80 - Housing
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