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St. Margarets House Housing Development Fund Corporation

St. Margarets House Housing Development Fund Corporation

New York, NY 10038
Tax ID13-2947394

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About this organization

Revenue

$11,938,201

Expenses

$5,581,232

Mission

To provide housing services to low income elderly and the handicapped with mobility impairments.

About

The organization operates low income housing for the elderly and handicapped with mobility impairments, under a housing urban development section 8 program. During FY 2018, SMH provided housing to approximately 330 tenants.

Interesting data from their 2020 990 filing

The non-profit's mission, as described in the filing, is “St. margaret's hosue housing development fund corporation (smh) provides housing for low-income elderly and mobility impaired disbaled persons. our building consists of a twenty story residential building with 251 apartments, and a wing for our occupancy department and tenant/ community events programming spaces. in addition to providing senior hosuing services, we consider st. margaret's house to be an active, positive community leader and role model. this benefits our tenants, staff and the community at large. highlights of our activities include: educational events, recreation activities, being a good neighbor, sharing spaces, being a community destination, knowledge building, commitment to computers, celebrations. in the past year, st. margaret's house continued to make a positive and significant impact on the tentants and the wider community while maintaining a strong financial position.”.

When describing its duties, they were characterized as: “To provide housing services to low income elderly and the handicapped with mobility impairments.”.

  • The non-profit has complied with legal regulations by reporting their state of operation as NY.
  • The filing shows that the non-profit's address as of 2020 is 49 FULTON STREET, NEW YORK, NY, 10038.
  • As of 2020, the non-profit has reported a total of 10 employees on their form.
  • Does not operate a hospital.
  • Does not operate a school.
  • Does not collect art.
  • Provides credit counseling.
  • Does not have foreign activities.
  • Is not a donor advised fund.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is $6,356,969.
  • The compensation policy for the CEO of the organization is not determined through an impartial evaluation and endorsement.
  • The organization elects its board members.
  • The organization has a written policy that describes how long it will retain documents.
  • The organization has 27 independent voting members.
  • The organization was formed in 1977.
  • The organization has a written policy that addresses conflicts of interest.
  • The organization is required to file Schedule J.
  • The organization is required to file Schedule O.
  • The organization pays $977,469 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.
  • The organization provides Form 990 to its governing body.
  • The organization has minutes of its meetings.
  • The organization has a written whistleblower policy.
  • The organization's financial statements were reviewed by an accountant.

By donating on this page you are making an irrevocable contribution to Daffy Charitable Fund, a 501(c)(3) public charity, and a subsequent donation recommendation to the charity listed above, subject to our Member Agreement. Contributions are generally eligible for a charitable tax-deduction and a yearly consolidated receipt will be provided by Daffy. Processing fees may be applied and will reduce the value available to send to the end charity. The recipient organizations have not provided permission for this listing and have not reviewed the content.
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