Delatour Housing Development Fund Company Inc

Delatour Housing Development Fund Company Inc. is a nonprofit organization focused on providing housing solutions, particularly for the elderly. It operates under the mission of supporting low-income senior housing needs.

Organization Overview

• Type of Nonprofit: Delatour Housing Development Fund Company Inc. is categorized as a housing and shelter organization, specifically focused on senior citizens' housing and retirement communities.
• Tax Status: The organization is tax-exempt, allowing donations to be tax-deductible. However, according to recent financial data, the organization does not receive contributions[1].

Financial Overview

The organization primarily generates revenue through program services, which account for the majority of its income. In recent years, investment income and other revenues have also contributed to its financial stability[1].

Projects and Initiatives

Delatour Housing Development Fund Company Inc. is involved in developing senior citizen housing projects. For example, it has been engaged in a project in the Town of Colonie, New York, aimed at providing housing for seniors on a nonprofit basis[4].

Mission and Goals

The organization's primary goal is to address the housing needs of low-income elderly individuals by providing appropriate and affordable living options. While specific details about its current initiatives may not be readily available, its mission aligns with broader efforts to support vulnerable populations through housing support.