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Mccarty Housing Development Fund Company

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

EIN: 562353412 ✦ Albany, NY ✦ Designated as a 501(c)(3)

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Overview

What is Mccarty Housing Development Fund Company?

The Mccarty Housing Development Fund Company is a nonprofit organization located in Albany, New York, specifically at 200 South Pearl Street. Their primary mission is dedicated to providing safe and decent housing opportunities for families with low incomes. This commitment is echoed in their activities and mission, which focus on ensuring affordable and secure living spaces for these families. The company's efforts contribute positively to the community, ensuring that everyone has access to a suitable living environment.

Is Mccarty Housing Development Fund Company legitimate?

Mccarty Housing Development Fund Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. Mccarty Housing Development Fund Company 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: $123,232

For more financial information, click here

What is the mission statement of Mccarty Housing Development Fund Company?

The Mccarty Housing Development Fund Company is committed to providing safe and decent housing opportunities for families with low income. This mission is carried out through various activities, aiming to meet the housing needs of these families effectively. The company's primary focus is on ensuring that the housing provided is of good quality, thereby enhancing the living conditions of the families it serves.

Who is the CEO of Mccarty Housing Development Fund Company?

Michael Whalen is the President & Ceo of Mccarty Housing Development Fund Company. The CEO's salary of Mccarty Housing Development Fund Company is $0 and their total compensation is $0.

What is the revenue of Mccarty Housing Development Fund Company?

Mccarty Housing Development Fund Company's revenue in 2022 was $898,842.

Who are the executives of Mccarty Housing Development Fund Company and what are their salaries?


Here are 2 key members and their salaries (Mccarty Housing Development Fund Company's CEO's salary is $0 and their total compensation is $0):


Michael Whalen (President & Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chiquita D'Arbeau (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Mccarty Housing Development Fund Company?

Mccarty Housing Development Fund Company's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Mccarty Housing Development Fund Company

McCarty Housing Development Fund Company is dedicated to providing safe and decent housing for families with low income. This nonprofit organization's mission is to ensure that low-income families have access to comfortable and secure living spaces. By focusing on this crucial aspect, McCarty Housing Development Fund Company aims to make a significant difference in the lives of those who may otherwise struggle with housing insecurity. The organization's activities are centered around this mission, working tirelessly to provide safe and decent housing to those who need it most.

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Impact




October, 2024

Mccarty Housing Development Fund Company plays a crucial role in addressing the housing needs of low-income families in Albany, NY. By providing safe and decent housing, the organization directly improves living conditions and fosters stability for families who may otherwise struggle to find adequate accommodations. This focus not only alleviates immediate housing crises but also contributes to long-term community well-being by promoting healthier living environments. The organization's efforts ensure that families have access to essential resources, creating a foundation for better opportunities and improved quality of life. The impact of Mccarty Housing Development Fund Company is reflected in increased access to housing, enhanced community stability, and a commitment to supporting vulnerable populations within the region.




This information is meant to be a general summary of Mccarty Housing Development Fund Company. 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
$898,842 (2022)
Expenses
$1,331,429 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $409
  • Program Service Revenue: $610,389
  • Gross Receipts: $898,842

Assets and Liabilities:

  • Total Assets: $3,671,516
  • Total Liabilities: $10,255,914
  • Net Assets: -$6,584,398

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Programs

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

TENANT RENTAL INCOME

Revenue

$610,389

Organization Details

Founding Year

2002

Principal Officer

Michael Whalen

Main Address

200 SOUTH PEARL STREET, ALBANY, NY, 12202

NTEE Category

Code: L20 - Housing

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