Overview
What is Liberty Golden Age Housing Development Fund Company Inc?
Liberty Golden Age Housing Development Fund Company Inc is a nonprofit organization situated in Norwich, New York. Its primary mission is to offer affordable housing solutions for low-income senior residents. They operate a 100-unit multifamily housing project located at 33 Mechanic Street, providing a vital service to this demographic. As a not-for-profit corporation, the company's main activity involves the rental of these apartments, aiming to make living arrangements more accessible for seniors with limited financial resources.
Is Liberty Golden Age Housing Development Fund Company Inc legitimate?
Liberty Golden Age Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Golden Age 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $151,170
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What is the mission statement of Liberty Golden Age Housing Development Fund Company Inc?
Liberty Golden Age Housing Development Fund Company Inc is a not-for-profit organization with a mission to provide rental services for low-income senior residents. Established to operate a 100-unit multifamily housing project, the company's primary goal is to cater to the housing needs of seniors with moderate incomes. Located at an undisclosed address, the company's operations aim to contribute positively to the community by providing affordable housing options for its targeted demographic.
Who is the CEO of Liberty Golden Age Housing Development Fund Company Inc?
Randell Denton is the Principal Officer of Liberty Golden Age Housing Development Fund Company Inc.
What is the revenue of Liberty Golden Age Housing Development Fund Company Inc?
Liberty Golden Age Housing Development Fund Company Inc's revenue in 2022 was $908,577.
Who are the executives of Liberty Golden Age Housing Development Fund Company Inc and what are their salaries?
Here are 14 key members and their salaries:
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Where can I find the form 990 for Liberty Golden Age Housing Development Fund Company Inc?
Liberty Golden Age Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Liberty Golden Age Housing Development Fund Company Inc
Liberty Golden Age Housing Development Fund Company Inc, as a not-for-profit corporation, is dedicated to providing rental services for low and moderate income senior residents. Established with a mission to operate a 100-unit multifamily housing project, this organization offers a home for seniors in need, ensuring affordability without compromising on quality. By providing a safe and comfortable living environment, Liberty Golden Age Housing Development Fund Company Inc contributes to the well-being of its residents, allowing them to live with dignity and independence.
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Impact
October, 2024
Liberty Golden Age Housing Development Fund Company Inc significantly impacts the community by providing affordable housing solutions specifically targeted at low and moderate-income senior residents. Operating a 100-unit multifamily housing project at 33 Mechanic Street in Norwich, New York, the organization addresses the critical need for accessible living options for seniors who might otherwise struggle to find suitable housing due to financial constraints.
By offering rental services for low-income apartments, Liberty Golden Age plays a crucial role in enhancing the quality of life for its residents. The availability of safe and affordable housing allows seniors to maintain their independence while being part of a supportive community. This initiative not only alleviates housing insecurity among this vulnerable population but also fosters social connections and stability within the local area.
Overall, the work of Liberty Golden Age Housing Development Fund Company Inc underlines the importance of affordable housing in promoting dignity and enhancing the well-being of senior residents.
This information is meant to be a general summary of Liberty Golden Age 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $414
- Program Service Revenue: $908,163
- Gross Receipts: $908,577
Assets and Liabilities:
- Total Assets: $2,994,745
- Total Liabilities: $4,594,967
- Net Assets: -$1,600,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$894,363
LAUNDRY AND VENDING RE
Revenue
$8,787
SPECIAL CLAIMS REVENUE
Revenue
$2,519
TENANT CHARGES
Revenue
$2,201
EXCESS RENT
Revenue
$242
Organization Details
Founding Year
2020
Phone
(315) 337-1401Principal Officer
Randell Denton
Main Address
117 WEST LIBERTY STREET 6, ROME, NY, 13440
NTEE Category
Code: L22 - Housing
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