Overview
What is Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc?
Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc is a nonprofit organization situated in New York City, specifically at 160 WEST 71ST STREET 2F. Their primary mission is to offer supportive housing and social services to formerly homeless elderly individuals with low incomes, residing in the Woodstock Hotel. The nonprofit employs six social workers who provide various assistance, such as escorting tenants to medical appointments, aiding in the establishment and maintenance of benefits like food stamps, health insurance, and home care services. The number of tenants with primary care physicians and health care proxies has noticeably increased under their care.
Official website here: www.projectfind.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 74%, earning it a Two-Star out of Four Star rating.
Woodstock HDFC for Senior Citizens has achieved a score of 74% on Charity Navigator, indicating a moderate level of accountability and financial health. The organization boasts a 100% independent board, which is a positive indicator of governance. Furthermore, it has strong scores in areas such as financial oversight, conflict of interest policies, and material diversion of assets, suggesting a commitment to ethical management and transparency.
However, the nonprofit faces significant challenges in its financial sustainability, particularly evidenced by a liabilities to assets ratio of 111.29%, which raises concerns about its financial stability. Additionally, the absence of its tax form on the nonprofit's website detracts from its transparency efforts. While the program expense ratio is commendable at 87%, indicating that a significant portion of resources is dedicated to programs, the overall financial outlook necessitates scrutiny for potential improvements.
This AI summary has been generated from information found on Charity Navigator.
Is Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc legitimate?
Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged 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: $46,824
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,149,136
For more financial information, click here
Official website here: www.projectfind.org
What is the mission statement of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc?
The mission of Woodstock Hdfc For Senior Citizens, under the umbrella of Find Aid For The Aged Inc., is centered around providing housing and supportive social services to formerly homeless, low-income elderly individuals. This organization aims to create a living environment for approximately 291 adults, who are either previously homeless or have income levels below 80% of the area median, and are 55 years or older. The services provided within this supportive SRO (Single Room Occupancy) residential building include escorts to medical appointments, assistance in establishing and maintaining benefits such as food stamps, health insurance, and home care services. The number of tenants with primary care physicians and health care proxies has significantly increased due to these services.
Official website here: www.projectfind.org
Who is the CEO of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc?
Mark Jennings is the Secretary/Treasurer of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc.
Official website here: www.projectfind.org
What is the revenue of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc?
Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc's revenue in 2022 was $4,745,166.
Official website here: www.projectfind.org
Who are the executives of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc and what are their salaries?
The average compensation at Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc during 2022 was $41,240. There are 29 employees at Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc.
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $340,171
- Other: $24,080
- Compensation: $0
- Related: $164,991
- Other: $22,305
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.projectfind.org
Where can I find the form 990 for Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc?
Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.projectfind.org
Learn more at the official website: www.projectfind.org
Mission Statement of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged Inc
Woodstock Hdfc For Senior Citizens, a nonprofit under Find Aid For The Aged Inc, is dedicated to providing housing and supportive social services to formerly homeless low-income elderly persons. The organization's mission is to transform the Woodstock Hotel into a supportive Single Room Occupancy (SRO) residential building, housing 291 adults who have either been homeless or have income levels below 80% of the area median. The residents, who are at least 55 years old, are offered a safe living environment and essential services.
Six social workers are stationed within the building, providing a range of services to the tenants. These services include escorting them to medical appointments, helping establish and maintain benefits such as food stamps, health insurance, and home care services. The social workers' efforts have led to a significant increase in the number of tenants with primary care physicians and health care proxies, demonstrating the positive impact of their support. This nonprofit organization is committed to providing a holistic solution, ensuring that the elderly residents not only have a safe place to live but also receive the necessary care and assistance to improve their overall quality of life.
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Impact
July, 2024
Woodstock HDFC for Senior Citizens, operating within Find Aid for the Aged Inc, has a significant impact on the lives of formerly homeless low-income elderly individuals residing in the Woodstock Hotel in New York. This organization provides housing and supportive social services to these individuals, ensuring they have a safe and stable place to live. The presence of social workers within the building has led to tangible benefits such as increased access to medical care, establishment of essential benefits like food stamps and health insurance, and improved overall well-being for the residents. The Woodstock HDFC's focus on providing housing and support tailored to the needs of this vulnerable population showcases a vital commitment to addressing the challenges faced by elderly individuals in need.
This information is meant to be a general summary of Woodstock Hdfc For Senior Citizens C/O Find Aid For The Aged 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $24,645
- Program Service Revenue: $3,696,238
- Gross Receipts: $4,745,166
Assets and Liabilities:
- Total Assets: $15,740,764
- Total Liabilities: $17,517,962
- Net Assets: -$1,777,198
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
ELDERLY HOUSING
Revenue
$3,696,238
Organization Details
Founding Year
1981
Phone
(212) 874-0300Principal Officer
Mark Jennings
Main Address
160 WEST 71ST STREET 2F, NEW YORK, NY, 10023
Website
www.projectfind.orgNTEE Category
Code: L22Z - Housing
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