Overview

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Est.

1986

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Laurentian Hall Associates is a nonprofit organization based in Pittsburgh, Pennsylvania, dedicated to providing low-income elderly individuals with assisted living accommodations through its 36-unit facility, Laurentian Hall. With an operating budget of $502.1K and total revenue of $527.1K for the filing year 2024, the organization operates under Section 212 of the National Housing Act, ensuring affordable housing for its residents. Laurentian Hall Associates does not rely on a single funder for 50% or more of its revenue.

Mission Statement

LAURENTIAN HALL ASSOCIATES, INC. IS A NOT-FOR-PROFIT CORPORATION FORMED IN ACCORDANCE WITH THE NOT-FOR-PROFIT STATUTES OF THE COMMONWEALTH OF PENNSYLVANIA. THE CORPORATION WAS FORMED FOR THE PURPOSE OF OPERATING A PROPERTY CONSISTING OF 36 UNITS FOR LOW-INCOME, ELDERLY PERSONS LOCATED IN PITTSBURGH, PENNSYLVANIA, KNOWN AS LAURENTIAN HALL. THE PROPERTY OPERATES UNDER SECTION 212 PURSUANT TO SECTION 221(D)(3) OF THE NATIONAL HOUSING ACT, AS AMENDED.
Revenues
$527.1K
Expenses
$502.1K
Net Income:
+$25K
Assets
$1M
Liabilities
$2.4M
Net Assets:
-$1.4M
Operating Budget
$502.1K
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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R
Richard Swartz
Board Member
J
Jeanette Coleman
Board Member
L
Louis Wells
Board Member

Frequently Asked Questions

What is LAURENTIAN HALL ASSOCIATES’s budget?
In 2024, LAURENTIAN HALL ASSOCIATES reported an annual operating budget of around $502 thousand. More detailed financial information is available to registered users.
What causes does LAURENTIAN HALL ASSOCIATES support?
LAURENTIAN HALL ASSOCIATES supports work in Senior assisted living.
Where does LAURENTIAN HALL ASSOCIATES operate?
LAURENTIAN HALL ASSOCIATES is headquartered in Pittsburgh, PA.
What is LAURENTIAN HALL ASSOCIATES’s reliance on government grants?
LAURENTIAN HALL ASSOCIATES relied on government grants for more than 60% of their total revenue in 2024.