Saca Development Corporation
Saca Development Corporation
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About this organization
Mission
To provide affordable housing options to low to moderate income families.
About
The Conestoga North Project is progressing, currently in the site work phase. 9 townhomes will be built this spring, with the second set of 9 homes to be built next year. Saca Development has signed an agreement to purchase a building in the southwest area of the city, to be used as the second location for our Tec Centro job training program. This will include training programs for careers in HVAC, electrical and plumbing.
Interesting data from their 2020 990 filing
According to the filing documents, the non-profit's mission is defined as “The corporation is formed to:1) purchase, construct, rehabilitate, own, repair, maintain, lease and release housing in blighted or economically or socially depressed areas of the county of lancaster, pennsylvania.2) lessen the burdens of government by making decent, affordable housing available in areas where government and profit-making businesses traditionally have failed to do so and to provide such housing on a non-profit basis and wherever economically possible, at rents below market rates and at prices affordable to low and moderate income persons3) to encourage community improvement and to provide training and increased employment opportunities for economically and socially disadvantaged members of low and moderate income families, and4) in furtherance of the foregoing, to do all other activities and things which non-profit corporations are legally authorized to do.”.
When detailing its duties, they were outlined as: “To provide affordable housing options to low to moderate income families.”.
- The non-profit's state of operation has been legally reported as PA.
- According to the latest filing, the non-profit's address in 2020 is 453 S LIME STREET NO A, LANCASTER, PA, 17602.
- The non-profit's form for the year 2020 reports a total of 15 employees on their payroll.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is between $500,000 and $1,000,000+.
- Revenue less expenses is -$478,656.
- The organization has 12 independent voting members.
- The organization was formed in 1984.
- The organization pays $314,020 in salary, compensation, and benefits to its employees.
- The organization pays $49,479 in fundraising expenses.
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