Overview

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Est.

1997

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The OLM Senior Housing Development Fund Corporation, identified by EIN 13-3897866, is dedicated to providing housing services and retirement housing for elderly or disabled individuals of low income. With an operating budget and total revenue of $1.1 million for the 2024 filing year, the organization focuses on creating housing facilities and services that cater to the physical, social, and psychological needs of its residents, promoting their health, security, and happiness. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

THE ORGANIZATION'S PRIMARY PURPOSE IS TO OPERATE A HOUSING PROJECT FOR ELDERLY OR DISABLED PERSONS OF LOW INCOME, INCLUDING THE PROVISION OF HOUSING FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE HEALTH, SECURITY AND HAPPINESS.
Revenues
$1.1M
Expenses
$1.1M
Net Income:
-$54.4K
Assets
$3.7M
Liabilities
$5.3M
Net Assets:
-$1.5M
Operating Budget
$1.1M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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G
George Horton
Board Member
M
MSGR Kevin Sullivan
Board Member
W
William Whiston
Board Member

Frequently Asked Questions

What is OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION’s budget?
In 2024, OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION reported an annual operating budget of around $1.1 million. More detailed financial information is available to registered users.
What causes does OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION support?
OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION supports work in Retirement housing and Housing services.
Where does OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION operate?
OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION is headquartered in New York, NY.
What is OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION’s reliance on government grants?
OLM SENIOR HOUSING DEVELOPMENT FUND CORPORATION relied on government grants for more than 75% of their total revenue in 2024.