Key Housing Development Corp

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

EIN: 161201952 ✦ Norwich, NY ✦ Designated as a 501(c)(3)

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Overview

What is Key Housing Development Corp?

Key Housing Development Corp, located at 27 W Main Street, Norwich, NY 13815, is a nonprofit organization dedicated to addressing the housing needs of elderly and low-income families. Their primary mission involves creating, providing, and maintaining suitable housing units, as they currently have 24 such units available. The organization's work aims to contribute positively to the lives of these families, ensuring they have access to safe and affordable places to live.

Is Key Housing Development Corp legitimate?

Key Housing Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Key Housing Development Corp 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: $18,819

For more financial information, click here

What is the mission statement of Key Housing Development Corp?

Key Housing Development Corp's mission is centered around creating, providing, and maintaining housing for elderly and low-income families. The organization's primary focus is to ensure these families have access to suitable living spaces. As of now, they offer 24 housing units. The organization's mission is driven by the belief in providing a secure living environment for these vulnerable groups.

Who is the CEO of Key Housing Development Corp?

Richard Rifanburg is the President of Key Housing Development Corp.

What is the revenue of Key Housing Development Corp?

Key Housing Development Corp's revenue in 2022 was $193,082.

Who are the executives of Key Housing Development Corp and what are their salaries?

There 8 volunteers at Key Housing Development Corp.


Here are 9 key members and their salaries:


James Doig (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicole Ross (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Rifanburg (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tiffani Gager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ted Ellingsen (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judith Wingate-Wade (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kim Mccarthy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Scheer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rose Oliver (Executive Direc)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Key Housing Development Corp?

Key Housing Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Key Housing Development Corp

Key Housing Development Corp is committed to making a significant impact in the lives of elderly and low-income families by creating, providing, and maintaining housing solutions for them. The organization's mission is centered around addressing the critical need for adequate housing for these vulnerable groups, ensuring they have a safe and secure place to call home. With 24 units available, Key Housing Development Corp is dedicated to making a tangible difference in the lives of these families, contributing to their overall well-being and quality of life.

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Impact




October, 2024

Key Housing Development Corp significantly impacts the community by addressing the critical need for affordable housing. By creating, providing, and maintaining housing specifically designed for elderly and low-income families, the organization plays a vital role in enhancing the living conditions of some of the most vulnerable populations in Norwich, NY.

With 24 residential units available, Key Housing Development Corp not only offers shelter but also fosters a sense of security and stability for its residents. This commitment to housing helps alleviate the pressures faced by elderly individuals and low-income families, enabling them to lead more dignified, fulfilling lives. Through its efforts, the organization contributes to community cohesion, improved health outcomes, and enhanced quality of life for those it serves.




This information is meant to be a general summary of Key Housing Development Corp. 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
$193,082 (2022)
Expenses
$214,269 (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
  • Program Service Revenue: $169,247
  • Gross Receipts: $193,082

Assets and Liabilities:

  • Total Assets: $366,886
  • Total Liabilities: $1,181,928
  • Net Assets: -$815,042

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Programs

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

FED & NYS RENT SUBSIDIES

Revenue

$75,527

RENTAL INCOME

Revenue

$93,720

Organization Details

Principal Officer

Richard Rifanburg

Main Address

27 W MAIN STREET, NORWICH, NY, 13815

NTEE Category

Code: L22 - Housing

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