Overview
What is Center Housing Development Fund Corporation?
The Center Housing Development Fund Corporation is a nonprofit organization situated in Albany, New York, specifically at 314 South Manning Blvd. Their primary mission is dedicated to providing housing opportunities for families who are income-restricted and have disabilities. This mission encompasses offering suitable residences to cater to their unique needs, thereby contributing positively to their overall well-being.
Is Center Housing Development Fund Corporation legitimate?
Center Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Housing Development Fund Corporation 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: $791
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,242
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What is the mission statement of Center Housing Development Fund Corporation?
The Center Housing Development Fund Corporation is committed to a mission aimed at providing housing for disabled and low-income families. This organization strives to ensure that individuals who fall into these categories have access to safe and affordable housing. By carrying out this mission, the Center Housing Development Fund Corporation contributes significantly to the well-being and stability of these families, providing them with a vital resource. The organization's efforts in this area help to alleviate housing-related challenges faced by disabled and low-income families, thereby enhancing their overall living conditions.
Who is the CEO of Center Housing Development Fund Corporation?
Gregory J Sorrentino is the Pres/Ceo/Tre of Center Housing Development Fund Corporation. The CEO's salary of Center Housing Development Fund Corporation is $359 and their total compensation is $400,170.
What is the revenue of Center Housing Development Fund Corporation?
Center Housing Development Fund Corporation's revenue in 2022 was $183,271.
Who are the executives of Center Housing Development Fund Corporation and what are their salaries?
Here are 5 key members and their salaries (Center Housing Development Fund Corporation's CEO's salary is $359 and their total compensation is $400,170):
- Compensation: $359
- Related: $368,985
- Other: $30,826
- Compensation: $246
- Related: $247,795
- Other: $11,824
- Compensation: $186
- Related: $186,990
- Other: $20,888
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Center Housing Development Fund Corporation?
Center Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center Housing Development Fund Corporation
The Center Housing Development Fund Corporation is dedicated to a noble cause, primarily focusing on providing housing opportunities for families who are economically disadvantaged and have members with disabilities. This nonprofit organization's mission is centered around alleviating housing challenges faced by these vulnerable groups, ensuring they have safe and suitable living spaces. By offering housing solutions, the Center Housing Development Fund Corporation aims to contribute significantly to the well-being and quality of life of these families, thus enabling them to overcome their obstacles and live with dignity and independence.
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Impact
October, 2024
Center Housing Development Fund Corporation significantly impacts the community by providing essential housing for disabled and low-income families. Through its dedicated efforts, it addresses a critical need for affordable and accessible living spaces in Albany, NY. By ensuring that vulnerable populations have safe and stable housing, the organization helps improve their quality of life, fosters community stability, and promotes inclusivity. Its mission supports not only the individuals and families served but also contributes to the overall well-being and functioning of the local community.
This information is meant to be a general summary of Center Housing Development Fund Corporation. 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: $63
- Program Service Revenue: $182,613
- Gross Receipts: $183,271
Assets and Liabilities:
- Total Assets: $1,112,910
- Total Liabilities: $212,560
- Net Assets: $900,350
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD RENT SUBSIDY
Revenue
$99,184
HUD ASSISTED REVENUE
Revenue
$83,429
Organization Details
Founding Year
1997
Phone
(518) 944-2109Principal Officer
Gregory J Sorrentino
Main Address
314 SOUTH MANNING BLVD, ALBANY, NY, 12208
NTEE Category
Code: L99 - Housing
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