AI Summary
SOMALTOW HOUSING COMPANY INC is a nonprofit organization focused on housing development, dedicated to providing housing and auxiliary facilities for aged persons of low income. With an operating budget of $5.1 million and total revenue of $4.6 million for the 2024 filing year, the organization relies significantly on funding from sources such as VANGUARD CHARITABLE ENDOWMENT PROGRAM, which is a major contributor to its financial resources.
Mission Statement
TO PROVIDE HOUSING AND AUXILIARY FACILITIES FOR AGED PERSONS OF LOW INCOME, AND TO THIS END TO PLAN, ACQUIRE, CONSTRUCT, OWN, MAINTAIN AND OPERATE SUCH HOUSING AND AUXILIARY FACILITIES.
Cause Areas
1
Housing development
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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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Funder
Total Funding
Funding Share
VANGUARD CHARITABLE ENDOWMENT PROGRAM
SOUTHEASTERN, PA, US
$24K
< 1%
Frequently Asked Questions
What is SOMALTOW HOUSING COMPANY INC’s budget?
In 2024, SOMALTOW HOUSING COMPANY INC reported an annual operating budget of around $5.1 million. More detailed financial information is available to registered users.
What causes does SOMALTOW HOUSING COMPANY INC support?
SOMALTOW HOUSING COMPANY INC supports work in Housing development.
Where does SOMALTOW HOUSING COMPANY INC operate?
SOMALTOW HOUSING COMPANY INC is headquartered in Albany, NY.
Who funded SOMALTOW HOUSING COMPANY INC recently?
In 2023, SOMALTOW HOUSING COMPANY INC received grants from VANGUARD CHARITABLE ENDOWMENT PROGRAM. More information on this organization’s funders is available to registered users.
What is the largest grant SOMALTOW HOUSING COMPANY INC received in 2023?
The largest grant to SOMALTOW HOUSING COMPANY INC in 2023 exceeds $24 thousand.