Daffy

1260 Housing Development Corporation

1260 Housing Development Corporation

Philadelphia, PA 191031412
Tax ID23-2536730

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About this organization

Revenue

$14,927,032

Expenses

$15,599,559

Mission

Established for the purposes of developing, acquiring, financing and managing low income permanent housing for individuals with behavioral health issues as well as individuals in need of transitional and emergency housing in the city of Philadelphia, Pennsylvania.

About

Affordable housing program: Program provides housing to low income individuals including vulnerable populations, physically and mentally disabled in the city of Philadelphia.

Interesting data from their 2020 990 filing

The non-profit's mission, as documented in the filing, is “1260 housing development corporation is a not-for-profit corporation established for the purpose of developing, acquiring, financing, and managing low-income permanent housing for individuals with behavioral health issues, as well as individuals in need of transitional and emergency housing in the city of philadelphia, pennsylvania.”.

When explaining its purpose, the activities were described as: “Established for the purposes of developing, acquiring, financing and managing low income permanent housing for individuals with behavioral health issues as well as individuals in need of transitional and emergency housing in the city of philadelphia, pennsylvania.”.

  • The non-profit is legally allowed to operate in the state of PA, as reported.
  • The filing provides the non-profit's address in 2020 as 2042-48 ARCH STREET 2ND FLOOR, PHILADELPHIA, PA, 191031412.
  • The non-profit has a total of 0 employees, as reported on their form for 2020.
  • Is not a private foundation.
  • Expenses are greater than $1,000,000.
  • Revenue is greater than $1,000,000.
  • Revenue less expenses is -$672,527.
  • The organization has 9 independent voting members.
  • The organization was formed in 1988.
  • The organization pays $0 in salary, compensation, and benefits to its employees.
  • The organization pays $0 in fundraising expenses.

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