Overview
What is Schoharie County Housing Development Fund Company Inc?
Schoharie County Housing Development Fund Company Inc is a nonprofit organization located in Cobleskill, New York. Their primary mission is to promote the general and social welfare of their community, specifically by acquiring, constructing, providing, and operating rental housing facilities tailored to the needs and requirements of eligible senior citizens. They have constructed and manage two 24-unit senior citizen housing centers, providing a home for those who meet the eligibility criteria. The company's work contributes positively to the community by addressing the housing needs of its elderly residents.
Is Schoharie County Housing Development Fund Company Inc legitimate?
Schoharie County Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schoharie County Housing Development Fund Company 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: $41,680
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What is the mission statement of Schoharie County Housing Development Fund Company Inc?
Schoharie County Housing Development Fund Company Inc's mission is centered around promoting the general and social welfare of the community. This is achieved by acquiring, constructing, providing, and operating rental housing and related facilities that cater to the unique needs and requirements of eligible individuals. The company has demonstrated this commitment by building and operating two 24-unit senior citizens housing centers, designed specifically for eligible senior citizens. Their work aims to enhance the living conditions and quality of life for these individuals.
Who is the CEO of Schoharie County Housing Development Fund Company Inc?
Norine Hodges is the Chairperson of Schoharie County Housing Development Fund Company Inc.
What is the revenue of Schoharie County Housing Development Fund Company Inc?
Schoharie County Housing Development Fund Company Inc's revenue in 2022 was $412,014.
Who are the executives of Schoharie County Housing Development Fund Company Inc and what are their salaries?
Here are 6 key members and their salaries:
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- Related: $79,548
- Other: $22,759
Where can I find the form 990 for Schoharie County Housing Development Fund Company Inc?
Schoharie County Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Schoharie County Housing Development Fund Company Inc
Schoharie County Housing Development Fund Company Inc is dedicated to promoting the general and social welfare of its community. This mission encompasses the acquisition, construction, provision, and operation of rental housing and related facilities that cater to the unique needs and requirements of eligible individuals. The organization takes special care to create housing solutions tailored to these individuals, ensuring their comfort and well-being.
In practice, Schoharie County Housing Development Fund Company Inc has built and operates two 24-unit senior citizens housing centers. These centers provide a home for eligible persons, offering them a secure and comfortable living environment. By managing these facilities, the company contributes to the overall well-being of the community, particularly its elderly population.
In summary, Schoharie County Housing Development Fund Company Inc is a mission-driven organization that focuses on addressing the housing needs of its community's eligible members. Through its efforts in acquiring, constructing, and operating rental housing and related facilities, the company strives to improve the lives of its residents, contributing to the overall well-being of the community.
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Impact
October, 2024
Schoharie County Housing Development Fund Company Inc significantly enhances the community by addressing the housing needs of eligible individuals, particularly seniors. By owning and operating two 24-unit senior citizen housing centers in Cobleskill, NY, the organization provides essential rental housing tailored to meet the specific requirements of older adults. This initiative not only supports the general welfare of the community but also fosters a supportive living environment that promotes dignity and independence among senior residents. Their efforts contribute positively to the local economy and social fabric by ensuring that vulnerable populations have access to safe and affordable housing options.
This information is meant to be a general summary of Schoharie County Housing Development Fund Company 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.
- Investment Income: $263
- Program Service Revenue: $375,010
- Gross Receipts: $412,014
Assets and Liabilities:
- Total Assets: $1,157,049
- Total Liabilities: $1,402,954
- Net Assets: -$245,905
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$206,208
RENTAL INCOME
Revenue
$168,802
Organization Details
Founding Year
1987
Phone
(518) 234-7604Principal Officer
Norine Hodges
Main Address
349 MINERAL SPRINGS ROAD, COBLESKILL, NY, 12043
NTEE Category
Code: L22Z - Housing
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