Oriskany Falls Housing Development Fund Co Inc

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

EIN: 161307634 ✦ Oriskany falls, NY ✦ Designated as a 501(c)(3)

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Overview

What is Oriskany Falls Housing Development Fund Co Inc?

Oriskany Falls Housing Development Fund Co Inc is a nonprofit organization situated in Oriskany Falls, New York. With a primary focus on providing housing, the organization operates a 54-unit senior citizen apartment project, catering to low-income and handicapped tenants. This initiative is substantially supported by the New York Department of Housing and Community Renewal and the United States Department of Agriculture, Rural Development. The organization's purpose is to offer comfortable and affordable housing options, contributing positively to the local community.

Is Oriskany Falls Housing Development Fund Co Inc legitimate?

Oriskany Falls Housing Development Fund Co Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Oriskany Falls 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $90,790

For more financial information, click here

What is the mission statement of Oriskany Falls Housing Development Fund Co Inc?

Oriskany Falls Housing Development Fund Co Inc primarily focuses on providing housing for low-income and handicapped individuals. Located in Oriskany Falls, NY, the organization operates a 54-unit senior citizen apartment project. Their main objective is to ensure affordable housing for those in need. The rents for these apartments are subsidized by both the New York Department of Housing and Community Renewal and the United States Department of Agriculture, Rural Development. The organization's mission is centered around providing a secure living space for those who may otherwise struggle to find such accommodations.

Who is the CEO of Oriskany Falls Housing Development Fund Co Inc?

Aubrey Alberding is the President of Oriskany Falls Housing Development Fund Co Inc.

What is the revenue of Oriskany Falls Housing Development Fund Co Inc?

Oriskany Falls Housing Development Fund Co Inc's revenue in 2022 was $452,888.

Who are the executives of Oriskany Falls Housing Development Fund Co Inc and what are their salaries?


Here are 6 key members and their salaries:


Aubrey Alberding (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia Kemp (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Douglas Sinclair (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barbara Misiaszek (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathleen Cossette (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Jordan (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Oriskany Falls Housing Development Fund Co Inc?

Oriskany Falls Housing Development Fund Co Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Oriskany Falls Housing Development Fund Co Inc

Oriskany Falls Housing Development Fund Co Inc is an organization dedicated to providing housing for individuals with low income and those who are handicapped. This nonprofit operates a senior citizen apartment project, housing 54 units in total. The primary mission of Oriskany Falls Housing Development Fund Co Inc is to offer a living space for individuals in need, ensuring they have access to safe and affordable housing. The organization's efforts are supported by subsidies from both the New York Department of Housing and Community Renewal and the United States Department of Agriculture, Rural Development. This financial assistance helps to keep rents affordable and ensures that the housing remains accessible to those who need it most.

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Impact




October, 2024

Oriskany Falls Housing Development Fund Co Inc plays a vital role in ensuring access to affordable housing for senior citizens, particularly low-income and handicapped individuals in Oriskany Falls, NY. By operating a 54-unit senior citizen apartment project, the organization meets a critical community need, providing safe and supportive living environments for vulnerable populations.

Through its subsidized rent program, supported by the New York Department of Housing and Community Renewal and the U.S. Department of Agriculture, Rural Development, the organization alleviates financial burdens on tenants, promoting stability and independence. This initiative not only enhances the quality of life for residents but also fosters a sense of community among seniors, allowing them to thrive in a dedicated living space that meets their needs.

The impact extends beyond housing; it contributes to the overall well-being of the community by maintaining a population of engaged and supported seniors, capable of participating in local activities and contributing to the social fabric of Oriskany Falls.




This information is meant to be a general summary of Oriskany Falls 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.

Revenue
$452,888 (2022)
Expenses
$430,538 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $228
  • Program Service Revenue: $448,595
  • Gross Receipts: $452,888

Assets and Liabilities:

  • Total Assets: $889,133
  • Total Liabilities: $1,859,553
  • Net Assets: -$970,420

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Programs

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

RENT INCOME- APTS

Revenue

$448,595

Organization Details

Founding Year

1987

Principal Officer

Aubrey Alberding

Main Address

124 COOPER STREET, ORISKANY FALLS, NY, 13425

NTEE Category

Code: L21 - Housing

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