Bishop James Daly Gardens Senior Housing Development Fund Company I

Organization Overview

Bishop James Daly Gardens Senior Housing Development Fund Company I is located in Hicksville, NY. The organization was established in 1999. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bishop James Daly Gardens Senior Housing Development Fund Company I 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 09/2023, Bishop James Daly Gardens Senior Housing Development Fund Company I generated $516.8k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.4% each year. All expenses for the organization totaled $511.3k during the year ending 09/2023. While expenses have increased by 1.3% per year over the past 8 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

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ORGANIZATION OWNS & OPERATES A SECTION 202 HUD MULTIFAMILY PROJECT FOR THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ON A NOT-FOR-PROFIT BASIS, THE CORPORATION PROVIDES 45 UNITS OF AFFORDABLE RENTAL HOUSING FOR PERSONS OF LIMITED MEANS IN UNIONDALE, NEW YORK, WHERE NO ADEQUATE HOUSING EXISTS FOR SUCH PERSONS.


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Board, Officers & Key Employees

Name (title)Compensation
Michael Smith
President
$0
Richard Balcom
Treasurer
$0
Robert J Ahlstrom Jr
Trustee
$0
William G Chapin
Trustee
$0
Maryanne Fitzgerald
Trustee
$0
Steven Pietrowski
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
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$0
Total Program Service Revenue$489,301
Investment income $26,294
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $516,819

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