Well Manor Housing Development Fund Corporation

Organization Overview

Well Manor Housing Development Fund Corporation is located in Rhinebeck, NY. The organization was established in 1982. According to its NTEE Classification (L21) the organization is classified as: Low-Income & Subsidized Rental Housing, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Well Manor Housing Development Fund Corporation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Well Manor Housing Development Fund Corporation generated $4.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (58.6%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION'S DIRECT CHARITABLE ACTIVITY IS THE CREATION OF LOW INCOME HOUSING FOR THE HANDICAPPED AND ELDERLY. WELLS MANOR IS A 75 UNIT APARTMENT PROJECT AND ITS TENANTS ARE ASSISTED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT.


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $2,209
Dividends & Interest $0
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $2,606
Total Revenue $4,815

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