Senior Citizens Housing Committee Inc

Organization Overview

Senior Citizens Housing Committee Inc is located in Greenlawn, NY. The organization was established in 1980. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Senior Citizens Housing Committee Inc employed 6 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Senior Citizens Housing Committee Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 12/2021, Senior Citizens Housing Committee Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. While expenses have increased by 3.0% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PLAN & DEVELOP AND MANAGE SENIOR CITIZEN HOUSING PROJECTS CONSISTING OF 362 UNITS,FIVE PROJECTS,IN THREE LOCATIONS. ACTIVELY SEARCH FOR NEW SENIOR CITIZEN HOUSING PROJECTS TO PROCURE.PROVIDE SENIOR SERVICES AND CAPITAL IMPROVEMENTS FOR THE RESIDENTS OF THE RELATED NOT FOR PROFIT HOUSING PROJECTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEEK OUT POTENTIAL LOCATIONS, IMPROVE AND UPDATE AND MANAGE LOW INCOME SENIOR CITIZENS HOUSING UNITS OF AFFILIATES, ACQUIRE LAND, PLAN FOR LOW INCOME SENIOR CITIZENS HOUSING UNITS AND SEEK PRIVATE FINANCING BY LOW INCOME HOUSING CREDITS AND FEDERAL FUNDING FOR CONSTRUCTION AND RENOVATION OF LOW INCOME SENIOR CITIZENS HOUSING UNITS. PROVIDE AND MANAGE SENIOR SERVICES TO THE RESIDENTS OF THE AFFILIATED HOUSING PROJECTS.IN 2021, THE ORGANIZATION HIRED A CONTRACTOR TO REPLACE THE CONCRETE SIDEWALKS AND DO PAVING & STRIPING OF THE PARKING LOTS OF PAUMANACK VILLAGE V & VI APARTMENT BUILDINGS.THE TOTAL COST FOR THESE IMPROVEMENTS WAS $245,378 AND HAS BEEN PAID BY THE ORGANIZATION AND GRANTED TO PAUMANACK VILLAGE V & VI. THEY ALSO HIRED A CONTRACTOR TO REPLACE THE DOORS AND ELECTRICAL WORK AT PAUMANACK VILLAGE IV APARTMENT BUILDINGS. TOTAL COST OF $253,410 WAS PAID BY THE ORGANIZATION AND GRANTED TO PAUMANACK VILLAGE IV. THE ORGANIZATION'S GRANT EXPENSE WAS $498,788 FOR THE YEAR ENDED DECEMBER 31, 2021. THE ORGANIZATION PROVIDES DAILY MANAGEMENT, OPERATIONAL AND ENGINEERING SUPPORT FOR THE SEWAGE TREATMENT PLANT THAT SERVICES FOUR SENIOR CITIZEN HOUSING PROJECTS. THE SEWAGE TREATMENT PLANT IS OVER 35 YEARS OLD WHICH RESULTS IN MORE FREQUENT REPAIRS AND CONSULTING NEEDED TO KEEP THE PLANT AND PUMP STATIONS OPERATIONAL.MANAGEMENT IS PLANNING TO SET ASIDE $3,445,000 OF FUNDS TO HELP FINANCE THE BUYOUT OF TWO LOW INCOME HOUSING AFFILIATES, PAUMANACK VILLAGE II OWNER LP AND PAUMANACK VILLAGE III OWNER LP AT THE EXPIRATION OF THE LIFE OF THE LIMITED PARTNERSHIPS.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$2,164,230
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,164,230
Total Program Service Revenue$260,000
Investment income $210,751
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $67,704
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,702,685

Grants Awarded

Over the last fiscal year, Senior Citizens Housing Committee Inc has awarded $498,788 in support to 3 organizations.

Grant RecipientAmount

HSC NO 4 HOUSING DEVELOPMENT FUND CO INC

Org PageRecipient Profile

Greenlawn, NY

PURPOSE: PAID FOR CONSTRUCTION COSTS FOR APARTMENT ELECTRICAL WORK AND DOORS THAT WILL BENEFIT RESIDENTS OF THE HOUSING PROJECT IN ACCORDANCE WITH THE NOT FOR PROFIT MISSION FOR PROVIDING HOUSING FOR THE ELDERLY AND DISABLED.

$253,410

HSC NO 5 HOUSING DEVELOPMENT FUND CO INC

Org PageRecipient Profile

Greenlawn, NY

PURPOSE: PAID FOR CONSTRUCTION COSTS TO PAVE, RESTRIPE AND REDO CONCRETE SIDEWALKS THAT WILL BENEFIT RESIDENTS OF THE HOUSING PROJECT IN ACCORDANCE WITH THE NOT FOR PROFIT MISSION FOR PROVIDING HOUSING FOR THE ELDERLY AND DISABLED.

$171,765

HSC NO 6 HOUSING DEVELOPMENT FUND CO INC

Org PageRecipient Profile

Greenlawn, NY

PURPOSE: PAID FOR CONSTRUCTION COSTS TO PAVE, RESTRIPE AND REDO CONCRETE SIDEWALKS THAT WILL BENEFIT RESIDENTS OF THE HOUSING PROJECT IN ACCORDANCE WITH THE NOT FOR PROFIT MISSION FOR PROVIDING HOUSING FOR THE ELDERLY AND DISABLED.

$73,613
View Grant Profile

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