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Council Of Churches Housing Development Fund Company Inc

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

EIN: 161108306 ✦ Batavia, NY ✦ Designated as a 501(c)(3)

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Overview

What is Council Of Churches Housing Development Fund Company Inc?

Council of Churches Housing Development Fund Company Inc, based in Batavia, New York, is a nonprofit organization primarily engaged in investment activities. They specialize in low-income housing partnerships, aiming to contribute to the development of affordable housing options within the Batavia community. The company's mission remains centered around this investment in low-income housing, demonstrating a commitment to improving living conditions for individuals and families who may lack adequate housing resources.

Is Council Of Churches Housing Development Fund Company Inc legitimate?

Council Of Churches Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Council Of Churches 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: $0

For more financial information, click here

What is the mission statement of Council Of Churches Housing Development Fund Company Inc?

The Council of Churches Housing Development Fund Company Inc's mission revolves around investing in low-income housing partnerships. Their primary focus is on promoting affordable housing solutions, contributing to the betterment of communities and individuals in need. This organization actively seeks partnerships to invest in and improve housing conditions for those with limited resources, thereby contributing to a more equitable society. They do not disclose their specific location in their mission statement.

Who is the CEO of Council Of Churches Housing Development Fund Company Inc?

Joseph Flynn is the Chairman of Council Of Churches Housing Development Fund Company Inc.

What is the revenue of Council Of Churches Housing Development Fund Company Inc?

Council Of Churches Housing Development Fund Company Inc's revenue in 2022 was -$9,969,520.

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


Here are 10 key members and their salaries:


William Fava (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Clarence Forness (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Gillard (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Flynn (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Kennedy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Dejaneiro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Anthony Palloni (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Bestine (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Mcginnis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph G Mussler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Council Of Churches Housing Development Fund Company Inc?

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

Mission Statement of Council Of Churches Housing Development Fund Company Inc

The Council of Churches Housing Development Fund Company Inc is committed to making an investment in low-income housing partnerships. This nonprofit organization's mission is centered around this particular investment, located in Batavia, NY. By engaging in this partnership, the Council of Churches Housing Development Fund Company Inc aims to contribute to the provision of housing for individuals with limited financial means. This mission reflects its dedication to promoting social equality and ensuring that everyone has access to basic necessities, including a place to live. The organization's activities are focused on this investment in low-income housing, demonstrating its commitment to this cause.

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Impact




October, 2024

Council Of Churches Housing Development Fund Company Inc significantly contributes to the availability of affordable housing in Batavia, NY. By investing in low-income housing partnerships, the organization plays a crucial role in addressing the housing needs of economically disadvantaged communities. This initiative not only helps to reduce homelessness and housing instability but also fosters community development and enhances the overall quality of life for residents. The focus on low-income housing ensures that vulnerable populations have access to safe, stable, and affordable living conditions, which is essential for fostering a sense of security and belonging within the community.




This information is meant to be a general summary of Council Of Churches 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
-$9,969,520 (2022)
Expenses
$75,855 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$10,020,273
  • Program Service Revenue: $50,753
  • Gross Receipts: $263,256

Assets and Liabilities:

  • Total Assets: $5,798
  • Total Liabilities: $850
  • Net Assets: $4,948

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENTAL REVENUE - K-1

Revenue

$50,753

Organization Details

Founding Year

1970

Principal Officer

Joseph Flynn

Main Address

88 DEWEY AVENUE, BATAVIA, NY, 14020

NTEE Category

Code: L99Z - Housing

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