Overview
What is Hoosick Housing Development Fund Co Inc?
Hoosick Housing Development Fund Co Inc is a nonprofit organization situated in Hoosick Falls, New York. Their primary goal is to offer affordable housing solutions to elderly individuals with limited income. Specifically, they have developed a 24-unit project, financed by USDA Rural Development subsidies, to cater to this demographic. The organization's mission revolves around providing essential living spaces for this particular group, aiming to support their needs and enhance their quality of life.
Is Hoosick Housing Development Fund Co Inc legitimate?
Hoosick Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Hoosick 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: $9,490
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What is the mission statement of Hoosick Housing Development Fund Co Inc?
Hoosick Housing Development Fund Co Inc's mission is centered around providing affordable housing for elderly individuals with limited income. Specifically, the organization aims to offer low-rent housing options to cater to this demographic. The organization's efforts are supported by USDA Rural Development subsidies, as evident in a 24-unit project they have undertaken. In essence, Hoosick Housing Development Fund Co Inc is dedicated to enhancing the living conditions of elderly individuals with modest incomes by offering them affordable housing solutions.
Who is the CEO of Hoosick Housing Development Fund Co Inc?
Unavailable
What is the revenue of Hoosick Housing Development Fund Co Inc?
Hoosick Housing Development Fund Co Inc's revenue in 2022 was $246,767.
Who are the executives of Hoosick Housing Development Fund Co Inc and what are their salaries?
Here are 5 key members and their salaries:
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Where can I find the form 990 for Hoosick Housing Development Fund Co Inc?
Hoosick Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Hoosick Housing Development Fund Co Inc
Hoosick Housing Development Fund Co Inc is dedicated to providing affordable housing for elderly individuals with limited income. Their mission is focused on offering low-rent living arrangements, ensuring that this vital segment of society has a secure and comfortable living environment. The organization's 24-unit project is specifically designed for recipients of USDA Rural Development subsidies, demonstrating their commitment to supporting those in need. By providing these housing solutions, Hoosick Housing Development Fund Co Inc contributes to the well-being of the elderly community, allowing them to maintain their independence and dignity.
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Impact
October, 2024
Hoosick Housing Development Fund Co Inc significantly impacts the community by providing low-rent housing specifically for elderly individuals with low incomes. Their 24-unit project in Hoosick Falls, NY, serves as a vital resource for senior residents who might otherwise struggle to find affordable living arrangements.
By offering housing options subsidized by USDA Rural Development, the organization ensures that these individuals have access to stable and secure living environments. This initiative not only alleviates financial burdens but also fosters a sense of community and support among residents, enhancing their overall quality of life. The emphasis on affordable housing contributes to the well-being and independence of elderly individuals, allowing them to age in place comfortably.
This information is meant to be a general summary of Hoosick 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $92,459
- Gross Receipts: $246,767
Assets and Liabilities:
- Total Assets: $336,228
- Total Liabilities: $867,777
- Net Assets: -$531,549
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTS
Revenue
$92,459
Organization Details
Founding Year
1987
Phone
(518) 686-7316Main Address
PO BOX 149, HOOSICK FALLS, NY, 12090
NTEE Category
Code: L22 - Housing
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