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Cds Housing Development Fund Corporation I

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

EIN: 161425111 ✦ Webster, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cds Housing Development Fund Corporation I?

Cds Housing Development Fund Corporation I is a nonprofit organization committed to providing housing for individuals with disabilities. Situated with a focus on developmentally challenged adults, the corporation operates various programs that cater to this specific demographic, currently serving a total of eight individuals. Their mission is centered around this primary objective, ensuring suitable housing for this vulnerable group.


Official website here: www.cdslifetransitions.org/cds-monarch/

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Cds Housing Development Fund Corporation I has earned an 82% rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization has achieved full marks in several key areas, demonstrating robust governance practices, including a fully independent board and comprehensive policies for conflict of interest and whistleblowing.

The organization’s program expense ratio stands at an impressive 79.30%, indicating that a significant majority of its expenses are directed towards its programs rather than administrative costs. This is a positive sign for potential donors looking for effective use of resources. Additionally, the charity has maintained a transparent approach by ensuring that essential documents, such as board meeting minutes and retention policies, are accessible and properly managed.

While the overall rating is commendable, it is based solely on a single beacon score, which focuses exclusively on accountability and finance. This may limit the understanding of the charity's overall impact and effectiveness in fulfilling its mission. Despite this, the high accountability score suggests that the organization operates with a strong commitment to financial integrity and responsible governance.


This AI summary has been generated from information found on Charity Navigator.

Is Cds Housing Development Fund Corporation I legitimate?

Cds Housing Development Fund Corporation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cds Housing Development Fund Corporation I 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: $8,258

For more financial information, click here


Official website here: www.cdslifetransitions.org/cds-monarch/

What is the mission statement of Cds Housing Development Fund Corporation I?

CDS Housing Development Fund Corporation I is dedicated to fulfilling its mission of providing housing for individuals with disabilities. Through its operations, the corporation offers housing programs specifically designed for developmentally disabled adults, catering to a total of eight individuals. By doing so, CDS Housing Development Fund Corporation I aims to contribute positively to the lives of these individuals, ensuring they have a suitable living environment. The corporation's primary goal is to promote independence, comfort, and a sense of community for those in need.


Official website here: www.cdslifetransitions.org/cds-monarch/

Who is the CEO of Cds Housing Development Fund Corporation I?

Andrew Sewnauth is the President And Coo of Cds Housing Development Fund Corporation I. The CEO's salary of Cds Housing Development Fund Corporation I is $0 and their total compensation is $866,191.


Official website here: www.cdslifetransitions.org/cds-monarch/

What is the revenue of Cds Housing Development Fund Corporation I?

Cds Housing Development Fund Corporation I's revenue in 2022 was $67,903.


Official website here: www.cdslifetransitions.org/cds-monarch/

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

There 4 volunteers at Cds Housing Development Fund Corporation I.


Here are 8 key members and their salaries (Cds Housing Development Fund Corporation I's CEO's salary is $0 and their total compensation is $866,191):


Richard Yarmel (Vice Chair/Secretary (As Of 6/1/2022))
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Manuel (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Mccullough (Secretary (Through 5/31/22))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jennifer Carlson (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sankar Sewnauth (Ceo/President)
  • Compensation: $0
  • Related: $846,237
  • Other: $19,954
Judy Consadine (Evp Of Finance)
  • Compensation: $0
  • Related: $291,180
  • Other: $1,394
Andrew Sewnauth (President And Coo)
  • Compensation: $0
  • Related: $335,688
  • Other: $21,704
Richard Ferrari (Cfo)
  • Compensation: $0
  • Related: $375,544
  • Other: $16,441


Official website here: www.cdslifetransitions.org/cds-monarch/

Where can I find the form 990 for Cds Housing Development Fund Corporation I?

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


Official website here: www.cdslifetransitions.org/cds-monarch/

Learn more at the official website: www.cdslifetransitions.org/cds-monarch/

Mission Statement of Cds Housing Development Fund Corporation I

Cds Housing Development Fund Corporation I is dedicated to serving the needs of disabled adults by providing them with housing solutions. This nonprofit organization operates programs designed specifically to offer housing for individuals with developmental disabilities. By doing so, Cds Housing Development Fund Corporation I seeks to enhance the lives of eight individuals, providing them with a secure living environment. The mission of this organization is to offer a supportive and inclusive living space, enabling these individuals to lead fulfilling lives with dignity and independence.

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Impact




August, 2024

CDS Housing Development Fund Corporation I's impact is evident in its mission to provide housing for disabled adults, specifically developmentally disabled adults. By operating programs that offer housing solutions for this vulnerable population, CDS Housing Development Fund Corporation I directly serves eight individuals in Webster, NY. Their work in the human services sector contributes to improving the quality of life and independence of disabled adults in the community.




This information is meant to be a general summary of Cds Housing Development Fund Corporation I. 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
$67,903 (2022)
Expenses
$80,010 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5
  • Program Service Revenue: $58,493
  • Gross Receipts: $67,903

Assets and Liabilities:

  • Total Assets: $196,718
  • Total Liabilities: $205,970
  • Net Assets: -$9,252

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Programs

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

RENTAL INCOME

Revenue

$58,493

Organization Details

Founding Year

1993

Principal Officer

Andrew Sewnauth

Main Address

860 HARD ROAD, WEBSTER, NY, 14580

NTEE Category

Code: P75Z - Human services

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