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Valley Lodge Shelter Housing Development Fund Company Inc

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

EIN: 830739223 ✦ New york, NY ✦ Designated as a 501(c)(4)

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Overview

What is Valley Lodge Shelter Housing Development Fund Company Inc?

Valley Lodge Shelter Housing Development Fund Company Inc, based in New York City, is a dedicated not-for-profit housing development corporation. Their primary mission involves creating, managing, and operating housing solutions for individuals with low income. Committed to this cause, the organization is actively engaged in developing and managing affordable housing units, ensuring that those in need have access to suitable living arrangements.


Official website here: www.wsfssh.org

Is Valley Lodge Shelter Housing Development Fund Company Inc legitimate?

Valley Lodge Shelter Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Valley Lodge Shelter Housing Development Fund 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: $0

For more financial information, click here


Official website here: www.wsfssh.org

What is the mission statement of Valley Lodge Shelter Housing Development Fund Company Inc?

Valley Lodge Shelter Housing Development Fund Company Inc is a not-for-profit organization committed to making a significant impact. Their primary mission is to develop, operate, and manage housing facilities for individuals of low income. This mission is driven by a genuine desire to contribute to the well-being of this specific demographic, ensuring they have access to suitable living spaces. The company's activities are centered around this mission, aiming to provide affordable and comfortable housing solutions.


Official website here: www.wsfssh.org

Who is the CEO of Valley Lodge Shelter Housing Development Fund Company Inc?

Paul R Freitag is the Vice President of Valley Lodge Shelter Housing Development Fund Company Inc.


Official website here: www.wsfssh.org

What is the revenue of Valley Lodge Shelter Housing Development Fund Company Inc?

Valley Lodge Shelter Housing Development Fund Company Inc's revenue in 2022 was $326,161.


Official website here: www.wsfssh.org

Who are the executives of Valley Lodge Shelter Housing Development Fund Company Inc and what are their salaries?

There 1 volunteer at Valley Lodge Shelter Housing Development Fund Company Inc.


Here are 6 key members and their salaries:


Claire Hilger (Coo/Assist Secretary)
  • Compensation: $0
  • Related: $189,126
  • Other: $6,613
Paul R Freitag (Vice President)
  • Compensation: $0
  • Related: $236,229
  • Other: $63,275
Sheldon J Fine (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel J Drosin (Dir Of Property Mngment)
  • Compensation: $0
  • Related: $120,439
  • Other: $41,746
Jennifer Steinberg (Dir Of Real Estate Development (Outgoing))
  • Compensation: $0
  • Related: $89,272
  • Other: $13,983
Nanda Win (Cfo/Treasurer)
  • Compensation: $0
  • Related: $168,428
  • Other: $54,124


Official website here: www.wsfssh.org

Where can I find the form 990 for Valley Lodge Shelter Housing Development Fund Company Inc?

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


Official website here: www.wsfssh.org

Learn more at the official website: www.wsfssh.org

Mission Statement of Valley Lodge Shelter Housing Development Fund Company Inc

Valley Lodge Shelter Housing Development Fund Company Inc, as a not-for-profit housing development corporation, is dedicated to a mission that revolves around developing, operating, and managing housing for individuals of low income. This organization's primary focus is on providing suitable living spaces for individuals who may not otherwise have access to such facilities due to their financial circumstances. By undertaking this mission, Valley Lodge Shelter Housing Development Fund Company Inc aims to contribute positively to the lives of those who require affordable housing, ultimately promoting social equality and well-being.

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Impact




October, 2024

Valley Lodge Shelter Housing Development Fund Company Inc significantly impacts the community by providing stable, affordable housing for low-income individuals. By developing, operating, and managing housing initiatives, it addresses a critical need for secure living conditions among vulnerable populations in New York City.

The organization's commitment to creating accessible housing solutions contributes to the overall well-being of these individuals, fostering stability and allowing residents to thrive in their communities. This focus on affordable living not only alleviates the challenges associated with housing insecurity but also promotes economic mobility and independence for those it serves. Through its efforts, Valley Lodge plays a vital role in enhancing the quality of life for low-income residents, ultimately helping to strengthen families and communities.




This information is meant to be a general summary of Valley Lodge Shelter Housing Development Fund 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
$326,161 (2022)
Expenses
$513,324 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $271,161
  • Gross Receipts: $326,161

Assets and Liabilities:

  • Total Assets: $18,943,965
  • Total Liabilities: $19,131,178
  • Net Assets: -$187,213

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Programs

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

RENTAL INCOME

Revenue

$271,161

Organization Details

Founding Year

2018

Principal Officer

Paul R Freitag

Main Address

2345 BROADWAY, NEW YORK, NY, 10024

NTEE Category

Code: L20 - Housing

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