Overview
What is Westchester Management Group Inc?
Westchester Management Group Inc is a nonprofit organization that specializes in acquiring and refurbishing apartment buildings to offer affordable housing options for families with low to moderate incomes. Their latest project involves renovating a 7-unit building in Sleepy Hollow, NY, expanding accessible and cost-effective housing choices for local residents in need. The organization's mission is deeply rooted in addressing housing inequality and ensuring that everyone has a place to call home.
Is Westchester Management Group Inc legitimate?
Westchester Management Group Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Westchester Management Group Inc submitted a form 990EZ, 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.
What is the mission statement of Westchester Management Group Inc?
Westchester Management Group Inc's primary mission is centered around acquiring and refurbishing apartment buildings to cater to the housing needs of families with moderate to low income levels. Recently, they expanded their services by acquiring a 7-unit building in Sleepy Hollow, NY, thereby providing affordable housing options for the local community. Their work aims to make housing more accessible for those who may otherwise struggle with high costs. By rehabilitating these properties, they contribute to the overall well-being of the community by providing suitable living spaces.
Who is the CEO of Westchester Management Group Inc?
Kenneth M Gentile is the President of Westchester Management Group Inc.
What is the revenue of Westchester Management Group Inc?
Westchester Management Group Inc's revenue in 2022 was $149,747.
Who are the executives of Westchester Management Group Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $63,391
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990EZ for Westchester Management Group Inc?
Westchester Management Group Inc's most recent form 990EZ was submitted in 2022 and can be accessed here.
Mission Statement of Westchester Management Group Inc
Westchester Management Group, an organization dedicated to its mission, focuses on acquiring and rehabilitating apartment buildings to offer affordable housing options for families whose income falls within the low to moderate income bracket. Recently, they expanded their impact by acquiring a 7-unit apartment building in Sleepy Hollow, NY, thereby providing a much-needed housing solution for the local community. By rehabilitating these apartments, Westchester Management Group ensures that the living spaces are safe and comfortable for their residents, thereby contributing positively to their quality of life.
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Impact
October, 2024
Westchester Management Group Inc plays a crucial role in addressing the affordable housing crisis for low to moderate-income families in the region. By acquiring and rehabilitating apartment buildings, they enhance the availability of affordable housing options, directly impacting the local community's well-being. Their recent acquisition of a 7-unit apartment building in Sleepy Hollow, NY, exemplifies their commitment to providing safe, quality homes for residents who might otherwise face challenges in finding adequate housing. This initiative not only supports families in need but also contributes to the stability and vitality of the community by ensuring that diverse socioeconomic groups can reside in the area. Through their efforts, Westchester Management Group Inc fosters a more inclusive environment, promoting better living conditions and opportunities for families in the region.
This information is meant to be a general summary of Westchester Management Group 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: $119,747
- Program Service Revenue: $30,000
- Gross Receipts: $149,747
Assets and Liabilities:
- Total Assets: $221,020
- Total Liabilities: $41,390
- Net Assets: $179,630
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Organization Details
Phone
(914) 631-4626Principal Officer
Kenneth M Gentile
Main Address
126 VALLEY STREET, SLEEPY HOLLOW, NY, 10591
NTEE Category
Code: L20 - Housing
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