Overview
What is Sacred Heart Housing Inc?
Sacred Heart Housing Inc, located in Wilmington, Delaware, is a dedicated nonprofit organization with a mission to provide decent, affordable housing to low-income and moderate-income individuals without discrimination. They have recently acquired and developed the former Episcopal Cathedral of St. John on Concord Avenue and Market Street, transforming it into senior housing units. This project, aimed at creating an intergenerational community, was completed in 2019. The organization is also involved in the Planned Villa Maria Senior Housing Project, which is currently in its preliminary stages of development. With a strong commitment to preserving historic buildings, Sacred Heart Housing Inc fosters an inclusive community, ensuring housing for their residents while respecting the past.
Is Sacred Heart Housing Inc legitimate?
Sacred Heart Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart Housing 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: $29,404
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Other Salaries and Wages: $0
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What is the mission statement of Sacred Heart Housing Inc?
Sacred Heart Housing Inc's mission is centered around providing decent and affordable housing for low-income and moderate-income individuals, without discrimination. The organization also aims to foster an intergenerational community and preserve the historical integrity of existing buildings. To achieve this, they have acquired and developed properties for senior housing, such as the Episcopal Cathedral of St. John on Concord Avenue and Market Street in Wilmington's Historic Brandywine Village, which was placed into service in 2019. Additionally, Sacred Heart Housing Inc is involved in the Planned Villa Maria Senior Housing Project, which is currently in the preliminary stages of development.
Who is the CEO of Sacred Heart Housing Inc?
Karen Bifferato Esq is the Member of Sacred Heart Housing Inc.
What is the revenue of Sacred Heart Housing Inc?
Sacred Heart Housing Inc's revenue in 2022 was $3,930.
Who are the executives of Sacred Heart Housing Inc and what are their salaries?
The average compensation at Sacred Heart Housing Inc during 2022 was $29,404. There is 1 employee at Sacred Heart Housing Inc.
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- Compensation: $33,958
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Where can I find the form 990 for Sacred Heart Housing Inc?
Sacred Heart Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sacred Heart Housing Inc
Sacred Heart Housing Inc is committed to providing decent and affordable housing for low-income and moderate-income individuals, without discrimination. Their mission extends beyond just housing, as they aim to foster an intergenerational community and preserve the historic integrity of the existing buildings. To accomplish this, Sacred Heart Housing Inc acquired a property previously known as the Episcopal Cathedral of St. John on Concord Avenue and Market Street in Wilmington's Historic Brandywine Village. They transformed this property into senior housing units for low and moderate income residents, which were made available in 2019. Furthermore, Sacred Heart Housing Inc is involved in the Planned Villa Maria Senior Housing Project, currently in its preliminary stages of development. This project further supports their mission of providing affordable housing and fostering a supportive community for seniors.
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Impact
August, 2024
Sacred Heart Housing Inc's impact can be seen in its provision of decent, affordable housing to low-income and moderate-income individuals without discrimination. By creating an intergenerational community and preserving the historic integrity of existing buildings, this organization plays a crucial role in addressing housing needs in Wilmington. Sacred Heart Housing Inc's acquisition and development of the former Episcopal Cathedral of St. John into units of senior housing demonstrates its commitment to serving the community. Additionally, its involvement in projects like the planned Villa Maria Senior Housing project showcases its ongoing efforts to expand its impact and reach more individuals in need of affordable housing options.
This information is meant to be a general summary of Sacred Heart Housing 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: $2,134
- Gross Receipts: $3,930
Assets and Liabilities:
- Total Assets: $2,090,658
- Total Liabilities: $104,201
- Net Assets: $1,986,457
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Organization Details
Founding Year
2010
Phone
(302) 652-5523Principal Officer
Karen Bifferato Esq
Main Address
115 E 14TH STREET, WILMINGTON, DE, 198013209
NTEE Category
Code: L21 - Housing
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