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Town Of Plattsburgh Housing Development Fund Company Inc

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

EIN: 141778580 ✦ East syracuse, NY ✦ Designated as a 501(c)(3)

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Overview

What is Town Of Plattsburgh Housing Development Fund Company Inc?

Town of Plattsburgh Housing Development Fund Company Inc is a nonprofit organization dedicated to providing affordable housing for elderly and disabled individuals. They offer facilities and services tailored to cater to their physical, social, and psychological needs. This includes offering low-income housing, ensuring their residents have access to essential resources and support that enhance their overall well-being.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating.

The Town Of Plattsburgh Housing Development Fund Company Inc has earned a solid score of 87%, which reflects strong performance in Accountability & Finance. The organization has demonstrated commendable governance, with a fully independent board consisting of nine members and no material diversion of assets reported. This indicates robust oversight and transparency in operations.

Strengths include a high program expense ratio of 71.06%, signifying that a significant portion of their funds is directed towards their mission-related activities. Moreover, the presence of a conflict of interest policy and a documented retention and destruction policy points to careful management practices. All of these factors contribute positively to their financial integrity and accountability.

While the organization has received positive evaluations, ongoing monitoring of their financial conditions and operational performance remains essential. Maintaining the current level of transparency and effective governance will be crucial for sustaining their positive reputation in the community.


This AI summary has been generated from information found on Charity Navigator.

Is Town Of Plattsburgh Housing Development Fund Company Inc legitimate?

Town Of Plattsburgh Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Town Of Plattsburgh 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: $26,844

For more financial information, click here

What is the mission statement of Town Of Plattsburgh Housing Development Fund Company Inc?

The Town of Plattsburgh Housing Development Fund Company Inc. is committed to providing low-income housing for elderly and disabled individuals. They offer facilities and services that cater to the physical, social, and psychological needs of their residents, ensuring a comfortable and supportive living environment for them. The company's mission is centered around enhancing the quality of life for its residents, promoting independence and well-being. They strive to create an inclusive community where everyone feels valued and cared for.

Who is the CEO of Town Of Plattsburgh Housing Development Fund Company Inc?

Stephen Johnston is the Chairperson of Town Of Plattsburgh Housing Development Fund Company Inc.

What is the revenue of Town Of Plattsburgh Housing Development Fund Company Inc?

Town Of Plattsburgh Housing Development Fund Company Inc's revenue in 2022 was $187,391.

Who are the executives of Town Of Plattsburgh Housing Development Fund Company Inc and what are their salaries?


Here are 9 key members and their salaries:


Stephen Johnston (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Norman Baker (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bonnie Black (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kaiser (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marguerite Tamer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Farrell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas Wood (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charles Kostyk (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gerald Renadette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Town Of Plattsburgh Housing Development Fund Company Inc?

Town Of Plattsburgh Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Town Of Plattsburgh Housing Development Fund Company Inc

The Town of Plattsburgh Housing Development Fund Company Inc is dedicated to providing low-income housing for elderly and disabled individuals. Recognizing the unique needs of this population, the organization offers facilities and services tailored to their physical, social, and psychological requirements. This nonprofit organization aims to create an environment that supports and uplifts its residents, ensuring they live with dignity and independence.

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Impact




October, 2024

The Town of Plattsburgh Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of low-income, elderly, and disabled individuals. By providing affordable housing options, the organization ensures that these vulnerable populations have access to safe and supportive living environments. Their facilities are designed to cater not only to basic shelter needs but also to the physical, social, and psychological well-being of residents. This holistic approach fosters a sense of community and enhances the quality of life for those they serve, ultimately contributing to a more inclusive and supportive environment in East Syracuse, NY.




This information is meant to be a general summary of Town Of Plattsburgh 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.

Revenue
$187,391 (2022)
Expenses
$204,828 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $85
  • Program Service Revenue: $183,468
  • Gross Receipts: $187,391

Assets and Liabilities:

  • Total Assets: $981,277
  • Total Liabilities: $29,368
  • Net Assets: $951,909

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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

$92,223

RENTAL INCOME

Revenue

$91,245

Organization Details

Founding Year

1995

Principal Officer

Stephen Johnston

Main Address

CO 6737 MYERS ROAD, EAST SYRACUSE, NY, 13057

NTEE Category

Code: L20 - Housing

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