Overview
What is Miller Road Housing Development Fund Company Inc?
Miller Road Housing Development Fund Company Inc is a nonprofit organization, headquartered in Syracuse, New York, specifically at 990 James Street. Their primary mission is to develop, own, and manage a low-income housing project, in compliance with the Section 202 Basic Rental Program of the Federal Housing Administration. This program is intended to provide affordable housing options for individuals in need. The organization operates under a regulatory agreement that allows for nonprofit and public mortgages.
Official website here: www.christopher-community.org
Is Miller Road Housing Development Fund Company Inc legitimate?
Miller Road Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Miller Road 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: $51,220
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Official website here: www.christopher-community.org
What is the mission statement of Miller Road Housing Development Fund Company Inc?
The Miller Road 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. This objective aligns with Section 202 of the National Housing Act. The company's operations, which include a 24-unit project, are regulated by a regulatory agreement for non-profit and public mortgages under the Section 202 Basic Rental Program, administered by the Federal Housing Administration. The company's mission revolves around providing affordable housing solutions for individuals with income limitations, contributing to a more inclusive and equitable housing landscape.
Official website here: www.christopher-community.org
Who is the CEO of Miller Road Housing Development Fund Company Inc?
Eleanor J Carr is the President of Miller Road Housing Development Fund Company Inc.
Official website here: www.christopher-community.org
What is the revenue of Miller Road Housing Development Fund Company Inc?
Miller Road Housing Development Fund Company Inc's revenue in 2022 was $298,335.
Official website here: www.christopher-community.org
Who are the executives of Miller Road Housing Development Fund Company Inc and what are their salaries?
There 2 volunteers at Miller Road Housing Development Fund Company Inc.
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.christopher-community.org
Where can I find the form 990 for Miller Road Housing Development Fund Company Inc?
Miller Road 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 Miller Road Housing Development Fund Company Inc
Miller Road 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. This is in accordance with Section 202 of the National Housing Act. The corporation's mission is to provide affordable housing solutions for individuals with limited financial resources. To achieve this, Miller Road Housing Development Fund Company Inc is subject to a regulatory agreement, which involves non-profit and public mortgages under the Section 202 Basic Rental Program, administered by the Federal Housing Administration. This agreement ensures that the company adheres to strict guidelines and provides housing at an affordable cost. The operation of the 24-unit project falls under this regulatory agreement, aiming to provide safe and affordable housing to those in need.
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Impact
October, 2024
Miller Road Housing Development Fund Company Inc significantly impacts low-income housing in Syracuse, NY, through its operation of a 24-unit housing project. By adhering to a regulatory agreement associated with the Section 202 Basic Rental Program, it ensures that affordable housing options are available to those in need. The organization's focus on developing, owning, and managing low-income housing projects plays a crucial role in addressing housing instability and providing safe, affordable living conditions for vulnerable populations. This commitment not only helps to alleviate the housing crisis but also fosters community stability and supports the overall quality of life for residents.
This information is meant to be a general summary of Miller Road 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: $450
- Program Service Revenue: $296,197
- Gross Receipts: $298,335
Assets and Liabilities:
- Total Assets: $722,071
- Total Liabilities: $889,773
- Net Assets: -$167,702
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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
$211,310
RENTAL INCOME - TENANT
Revenue
$84,887
Organization Details
Founding Year
1991
Phone
(315) 424-1821Principal Officer
Eleanor J Carr
Main Address
990 JAMES STREET, SYRACUSE, NY, 13203
NTEE Category
Code: L20 - Housing
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