Better Community Housing Development Fund Co Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 141565842 ✦ Saugerties, NY ✦ Designated as a 501(c)(4)

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Overview

What is Better Community Housing Development Fund Co Inc?

Better Community Housing Development Fund Co Inc is a nonprofit organization situated in Saugerties, New York. Their primary mission is to provide affordable housing options for senior citizens, catering to their specific needs and income levels. They are dedicated to enhancing the living conditions of this demographic, ensuring they have access to safe and affordable housing.

Is Better Community Housing Development Fund Co Inc legitimate?

Better Community Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Better Community Housing Development Fund Co Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $139,195

For more financial information, click here

What is the mission statement of Better Community Housing Development Fund Co Inc?

The Better Community Housing Development Fund Co Inc, as a mission, is dedicated to providing low-income housing options for senior citizens. Their primary focus lies in offering affordable housing solutions for this specific demographic. By doing so, they aim to contribute positively to the well-being and living conditions of this age group. Their activities are centered around this mission, ensuring that senior citizens have access to suitable housing solutions, thereby enhancing their quality of life.

Who is the CEO of Better Community Housing Development Fund Co Inc?

Robert Schnell is the Project Manager of Better Community Housing Development Fund Co Inc.

What is the revenue of Better Community Housing Development Fund Co Inc?

Better Community Housing Development Fund Co Inc's revenue in 2022 was $572,274.

Who are the executives of Better Community Housing Development Fund Co Inc and what are their salaries?

The average compensation at Better Community Housing Development Fund Co Inc during 2022 was $46,398. There are 3 employees and 2 volunteers at Better Community Housing Development Fund Co Inc.


Here are 11 key members and their salaries:


Matthew C Hall (Project Manager)
  • Compensation: $73,300
  • Related: $0
  • Other: $0
John Harris (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Murphy (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Gage (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Frank (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rightmyer (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Hrdlica (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jack M Wilsey (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carolyn Maines (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alicia Mccaig (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Schnell (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Better Community Housing Development Fund Co Inc?

Better Community Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Better Community Housing Development Fund Co Inc

Better Community Housing Development Fund Inc, as its name suggests, is committed to providing low-income housing solutions for senior citizens. This nonprofit organization operates with a mission to offer affordable housing options to this specific demographic, catering to the needs of elderly individuals in their community. By providing such accommodations, Better Community Housing Development Fund Inc plays a significant role in ensuring that senior citizens have access to safe and suitable living conditions, thereby enhancing their quality of life.

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Impact




October, 2024

Better Community Housing Development Fund Co Inc significantly impacts the lives of senior citizens in Saugerties, New York, by providing essential low-income housing options. By focusing on the unique needs of this demographic, the organization ensures that seniors have access to safe and affordable living environments, which is crucial for their comfort and well-being.

The availability of affordable housing alleviates financial stress for many seniors, allowing them to maintain a better quality of life. Moreover, by fostering a community-oriented approach, Better Community Housing Development Fund promotes social interaction and support among residents, contributing to a sense of belonging and security.

In essence, the organization plays a vital role in enhancing the living conditions of seniors, ensuring they are not only housed but also supported within a community that values and respects them.




This information is meant to be a general summary of Better Community Housing Development Fund Co Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$572,274 (2022)
Expenses
$441,467 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $3,088
  • Program Service Revenue: $569,186
  • Gross Receipts: $572,274

Assets and Liabilities:

  • Total Assets: $1,470,754
  • Total Liabilities: $35,149
  • Net Assets: $1,435,605

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SENIOR HOUSING

Revenue

$564,392

MISCELLANEOUS REVENUE

Revenue

$4,794

Organization Details

Founding Year

1979

Principal Officer

Robert Schnell

Main Address

155 MAIN STREET, SAUGERTIES, NY, 12477

NTEE Category

Code: L21 - Housing

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