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Housing Opportunities Housing Development Fund Corporation

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

EIN: 161386456 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

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Overview

What is Housing Opportunities Housing Development Fund Corporation?

Housing Opportunities Housing Development Fund Corporation is a nonprofit organization situated in Rochester, New York. Its primary mission is to ensure the availability of affordable housing for individuals with low and extremely low incomes within the wider Rochester area. To accomplish this, the organization engages in developing, maintaining, and operating such housing, thereby committing to enhancing living standards for this income group.

Is Housing Opportunities Housing Development Fund Corporation legitimate?

Housing Opportunities Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Opportunities 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of Housing Opportunities Housing Development Fund Corporation?

The Housing Opportunities Housing Development Fund Corporation is committed to developing, maintaining, and operating affordable housing for individuals with low and very low income levels. Their mission is centered around providing affordable housing solutions, ensuring that these individuals have access to suitable living spaces. The organization's primary goal is to make a positive impact on the community by offering affordable housing options, thereby promoting inclusivity and equitable living conditions.

Who is the CEO of Housing Opportunities Housing Development Fund Corporation?

Ruperto Montero is the Vice President of Housing Opportunities Housing Development Fund Corporation.

What is the revenue of Housing Opportunities Housing Development Fund Corporation?

Housing Opportunities Housing Development Fund Corporation's revenue in 2022 was $263,437.

Who are the executives of Housing Opportunities Housing Development Fund Corporation and what are their salaries?

There 7 volunteers at Housing Opportunities Housing Development Fund Corporation.


Here are 7 key members and their salaries:


Alexander D Castro (Vice President)
  • Compensation: $0
  • Related: $217,392
  • Other: $13,241
Kathleen Greeley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Lowe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Sackett (President)
  • Compensation: $0
  • Related: $46,738
  • Other: $74
Kathryn Bryan (Vice President)
  • Compensation: $0
  • Related: $165,202
  • Other: $11,904
Ruperto Montero (Vice President And Treasurer)
  • Compensation: $0
  • Related: $206,944
  • Other: $11,536
Leslie W Kernan Jr (Secretary)
  • Compensation: $0
  • Related: $183,961
  • Other: $5,442
Where can I find the form 990 for Housing Opportunities Housing Development Fund Corporation?

Housing Opportunities Housing Development Fund Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Housing Opportunities Housing Development Fund Corporation

Housing Opportunities Housing Development Fund Corporation is committed to a mission that involves the development, maintenance, and operation of affordable housing for individuals of low and very low income. This nonprofit organization works tirelessly to ensure that affordable housing is within reach for those in need, contributing significantly to the greater Rochester, New York community. By offering and managing such housing, Housing Opportunities Housing Development Fund Corporation aims to make a positive impact on the lives of its residents, providing them with secure and comfortable living environments.

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Impact




October, 2024

Housing Opportunities Housing Development Fund Corporation plays a crucial role in addressing the affordable housing crisis in the greater Rochester, New York area by developing, maintaining, and operating affordable housing for low and very low-income individuals. Its impact is evident through the provision of safe and stable living environments, empowering individuals and families to thrive. By prioritizing these vulnerable populations, the organization contributes to community stability and economic mobility, helping to break the cycle of poverty. Through its dedicated efforts, it not only meets immediate housing needs but also fosters long-term community development and inclusivity.




This information is meant to be a general summary of Housing Opportunities 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.

Revenue
$263,437 (2022)
Expenses
$484,400 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $27
  • Program Service Revenue: $260,159
  • Gross Receipts: $263,437

Assets and Liabilities:

  • Total Assets: $1,591,105
  • Total Liabilities: $2,976,190
  • Net Assets: -$1,385,085

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Programs

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

Rental Income

Revenue

$260,159

Organization Details

Founding Year

1992

Principal Officer

Ruperto Montero

Main Address

400 East Ave, Rochester, NY, 14607

NTEE Category

Code: L20Z - Housing

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