Overview
What is Central Housing Development Fund Co Inc?
Central Housing Development Fund Co Inc is a nonprofit organization situated in Albany, New York. Their primary mission is to offer low-income housing facilities by constructing a single-resident dwelling for eligible and qualified individuals who fall under this income category. The organization is dedicated to this mission, working tirelessly to provide suitable housing solutions for those in need.
Is Central Housing Development Fund Co Inc legitimate?
Central Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Central 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.
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Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Central Housing Development Fund Co Inc?
Central Housing Development Fund Co Inc's mission is centered around providing low-income housing facilities. Specifically, the organization develops single-resident housing for eligible and qualified individuals who fall under this income bracket. This endeavor aims to contribute positively to the housing sector, catering to a segment of society that may otherwise struggle to secure adequate housing. The Central Housing Development Fund's activities are geared towards addressing the housing needs of this specific population, thereby promoting social equity and stability.
Who is the CEO of Central Housing Development Fund Co Inc?
Sondra Young is the Trustee - Through 5/31/22 of Central Housing Development Fund Co Inc.
What is the revenue of Central Housing Development Fund Co Inc?
Central Housing Development Fund Co Inc's revenue in 2022 was $5.
Who are the executives of Central 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 Central Housing Development Fund Co Inc?
Central Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Central Housing Development Fund Co Inc
Central Housing Development Fund Co Inc, as its mission statement suggests, is dedicated to providing low-income housing facilities. This nonprofit organization accomplishes this mission by developing a single-resident low-income housing facility for eligible qualified individuals. By offering such facilities, Central Housing Development Fund Co Inc aims to contribute to the housing needs of those who may not have the means to secure adequate housing on their own. By developing a single-resident housing facility, the organization is able to provide a safe and affordable living space for individuals in need, ultimately helping to improve their overall quality of life.
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Impact
October, 2024
Central Housing Development Fund Co Inc plays a crucial role in addressing the housing needs of low-income individuals by developing affordable housing facilities. By focusing on single-resident accommodations, it offers a supportive solution for eligible individuals facing housing challenges in Albany, NY. This initiative not only improves living conditions for vulnerable populations but also contributes to community stability and inclusivity.
By providing quality housing options, the Fund helps to reduce homelessness and promotes a sense of belonging among residents. The development of low-income housing facilities serves as a vital resource, empowering individuals to pursue opportunities for personal growth, stability, and community engagement. Overall, Central Housing Development Fund Co Inc significantly impacts both individual lives and the broader Albany community by fostering accessible housing solutions.
This information is meant to be a general summary of Central 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.
- Investment Income: $5
- Gross Receipts: $5
Assets and Liabilities:
- Total Assets: $564,375
- Total Liabilities: $232,373
- Net Assets: $332,002
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Organization Details
Founding Year
1993
Phone
(518) 459-0183Principal Officer
Sondra Young
Main Address
43 NORTH MAIN AVENUE, ALBANY, NY, 12203
NTEE Category
Code: L20Z - Housing
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