Overview
What is Cicero Housing Development Fund Company Inc?
Cicero Housing Development Fund Company Inc, located in Syracuse, New York, is a nonprofit organization with a primary mission to provide affordable housing for the elderly. Established under Section 202 of the National Housing Act, the corporation owns and manages a 50-unit low-income housing project, operating on a nonprofit basis. With a small workforce of three individuals, the organization strives to support the elderly community by offering comfortable and affordable living arrangements.
Official website here: www.christopher-community.org
Is Cicero Housing Development Fund Company Inc legitimate?
Cicero Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cicero 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: $102,268
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Official website here: www.christopher-community.org
What is the mission statement of Cicero Housing Development Fund Company Inc?
The Cicero Housing Development Fund Company Inc was established with a specific purpose: to develop, manage, and operate a low-income housing project on a non-profit basis, in accordance with Section 202 of the National Housing Act. Their mission is centered around providing housing for the elderly, operating a 50-unit low-income housing project with this objective in mind. The company operates on a non-profit basis, demonstrating their commitment to supporting those in need of affordable housing.
Official website here: www.christopher-community.org
Who is the CEO of Cicero Housing Development Fund Company Inc?
Kyle Lyskawa is the President of Cicero Housing Development Fund Company Inc.
Official website here: www.christopher-community.org
What is the revenue of Cicero Housing Development Fund Company Inc?
Cicero Housing Development Fund Company Inc's revenue in 2022 was $436,647.
Official website here: www.christopher-community.org
Who are the executives of Cicero Housing Development Fund Company Inc and what are their salaries?
The average compensation at Cicero Housing Development Fund Company Inc during 2022 was $34,089. There are 3 employees and 5 volunteers at Cicero Housing Development Fund Company Inc.
Here are 5 key members and their salaries:
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- Compensation: $0
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- Other: $0
Official website here: www.christopher-community.org
Where can I find the form 990 for Cicero Housing Development Fund Company Inc?
Cicero Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.christopher-community.org
Learn more at the official website: www.christopher-community.org
Mission Statement of Cicero Housing Development Fund Company Inc
Cicero Housing Development Fund Company Inc was established with a specific purpose: to develop, own, and manage a low-income housing project for the elderly on a nonprofit basis, in accordance with Section 202 of the National Housing Act. This organization's mission is centered around providing housing solutions for individuals with limited income, specifically the elderly. The corporation directly oversees and operates a 50-unit low-income housing project, ensuring that elderly residents have access to safe, affordable living spaces. By engaging in this mission, Cicero Housing Development Fund Company Inc aims to contribute positively to the well-being of its target population, providing them with the essential housing they need to live comfortably and securely.
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Impact
October, 2024
Cicero Housing Development Fund Company Inc significantly impacts the community by providing affordable housing solutions for the elderly in Syracuse, NY. By owning and operating a 50-unit low-income housing project, the organization addresses a critical need for accessible living spaces for older adults, ensuring that they have safe and stable homes. This initiative not only enhances the quality of life for residents but also fosters a sense of community and belonging among seniors. Additionally, the project contributes to the broader mission of improving housing accessibility, ultimately promoting health, well-being, and independence for vulnerable populations in the region. Through its dedication to developing and maintaining affordable housing, Cicero Housing Development Fund Company Inc plays a crucial role in combating housing insecurity for the elderly.
This information is meant to be a general summary of Cicero 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $229
- Program Service Revenue: $433,234
- Gross Receipts: $436,647
Assets and Liabilities:
- Total Assets: $1,657,353
- Total Liabilities: $2,101,472
- Net Assets: -$444,119
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - HUD
Revenue
$307,792
RENTAL INCOME - TENANT
Revenue
$125,442
Organization Details
Founding Year
1991
Phone
(315) 424-1821Principal Officer
Kyle Lyskawa
Main Address
990 JAMES STREET, SYRACUSE, NY, 13203
NTEE Category
Code: L22Z - Housing
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