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Hsc No 6 Housing Development Fu Company Inc

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

EIN: 341977180 ✦ Greenlawn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Hsc No 6 Housing Development Fu Company Inc?

Hsc No 6 Housing Development Fu Company Inc, based in Greenlawn, New York, is a nonprofit organization dedicated to providing affordable housing for the elderly. To fulfill its mission, the company has constructed 30 residential units. Recently, its sponsor, schc, engaged an independent contractor to renovate the bathrooms in all apartments, including replacing vanities, mirrors, and repainting, at a cost of $62,029, which schc directly covered. The company's initiatives contribute to improving the living conditions of the elderly, offering them a safe and comfortable living space.

Is Hsc No 6 Housing Development Fu Company Inc legitimate?

Hsc No 6 Housing Development Fu Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hsc No 6 Housing Development Fu Company Inc 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: $58,081

For more financial information, click here

What is the mission statement of Hsc No 6 Housing Development Fu Company Inc?

HSC No 6 Housing Development Fu Company Inc's mission is centered around providing affordable housing for the elderly. In pursuit of this objective, they have constructed 30 apartments. To enhance the living conditions of their residents, the company's sponsor, Schc, contracted an independent service provider to renovate the bathrooms in all apartments. This renovation included replacing vanities, mirrors, and repainting the bathrooms at a total cost of $62,029, which was directly covered by Schc. The company's mission underscores its commitment to improving the quality of life for the elderly population by providing them with suitable and well-maintained living spaces.

Who is the CEO of Hsc No 6 Housing Development Fu Company Inc?

William Davidson is the President of Hsc No 6 Housing Development Fu Company Inc.

What is the revenue of Hsc No 6 Housing Development Fu Company Inc?

Hsc No 6 Housing Development Fu Company Inc's revenue in 2023 was $389,902.

Who are the executives of Hsc No 6 Housing Development Fu Company Inc and what are their salaries?

The average compensation at Hsc No 6 Housing Development Fu Company Inc during 2023 was $58,081. There is 1 employee at Hsc No 6 Housing Development Fu Company Inc.


Here are 8 key members and their salaries:


William Davidson (President)
  • Compensation: $0
  • Related: $232,380
  • Other: $0
Lawrence Cregan (Director)
  • Compensation: $0
  • Related: $143,690
  • Other: $0
Janice Dalessio (Director)
  • Compensation: $0
  • Related: $49,756
  • Other: $0
Jeffrey Hartman (Director)
  • Compensation: $0
  • Related: $109,376
  • Other: $0
John Zanfino (Director)
  • Compensation: $0
  • Related: $50,326
  • Other: $0
Vincent Frigeria Iii (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Farabaugh (Accountant)
  • Compensation: $4,800
  • Related: $201,140
  • Other: $0
Frank Tassone (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Hsc No 6 Housing Development Fu Company Inc?

Hsc No 6 Housing Development Fu Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Hsc No 6 Housing Development Fu Company Inc

Hsc No 6 Housing Development Fu Company Inc is a nonprofit organization dedicated to providing low-income housing solutions, specifically catering to the elderly population. In pursuit of this mission, the company has constructed a complex of 30 apartments in Greenlawn, NY. To enhance the living conditions within these apartments, the company's sponsor, schc, contracted an independent service provider to renovate the bathrooms. This renovation project included the replacement of vanities, mirrors, and a fresh coat of paint, with a total cost of $62,029 that was directly paid by schc to the contractor. This initiative underscores Hsc No 6 Housing Development Fu Company Inc's commitment to offering comfortable and well-maintained living spaces for its elderly residents.

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Impact




October, 2024

HSC No 6 Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of the elderly in Greenlawn, NY by providing affordable living options. The construction of 30 dedicated low-income apartments directly impacts the community by offering safe and accessible housing for seniors, fostering independence and stability in their later years.

Additionally, the organization's commitment to maintaining and improving the quality of these living spaces is evident through recent renovations, including the replacement of vanities and mirrors and repainting of bathrooms. This effort not only enhances the aesthetic quality of the apartments but also contributes to the overall well-being of residents by creating a comfortable living environment. The investment of $62,029 in these improvements demonstrates a strong commitment to the residents' quality of life, ensuring that the facilities meet their needs.

Through these initiatives, HSC No 6 Housing Development Fund Company Inc not only fulfills a vital need for affordable elderly housing but also strengthens the community by supporting its most vulnerable members.




This information is meant to be a general summary of Hsc No 6 Housing Development Fu Company Inc. 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
$389,902 (2023)
Expenses
$532,060 (2023)
Efficiency

Other financial information:

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

  • Investment Income: $68
  • Program Service Revenue: $327,805
  • Gross Receipts: $389,902

Assets and Liabilities:

  • Total Assets: $2,553,894
  • Total Liabilities: $3,915,152
  • Net Assets: -$1,361,258

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Programs

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

GOVERNMENT ASSISTANCE

Revenue

$182,419

TENANT RENT

Revenue

$144,431

LAUNDRY AND VENDING

Revenue

$955

Organization Details

Founding Year

2002

Principal Officer

William Davidson

Main Address

650 PAUMANACK VILLAGE DR, GREENLAWN, NY, 11740

NTEE Category

Code: L21 - Housing

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