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Onondaga County Housing Development Fund Company Inc

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

EIN: 161434280 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

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Overview

What is Onondaga County Housing Development Fund Company Inc?

Onondaga County Housing Development Fund Company Inc, established in 1992, is a nonprofit organization based in Syracuse, New York. The primary objective of this organization is to develop affordable housing options for first-time home buyers of low and moderate income. They achieve this by either acquiring, rehabilitating, or constructing new homes. The company aims to complete around ten to fifteen renovation or construction projects annually for eligible home buyers. In 2022, no homes were sold, as per the provided information.


Official website here: www.ongov.net/cd

What do the Facebook reviews say about Onondaga County Housing Development Fund Company Inc?

60% of 47 reviewers on Facebook recommend the Onondaga County Housing Development Fund Company Inc. Here's a summary of their reviews:

The feedback about the nonprofit is quite polarized, with a significant number of users expressing dissatisfaction. One reviewer explicitly stated their negative sentiment, indicating that their experience with the organization did not meet expectations. Overall, it appears that while some individuals may have found value in the services offered, the prevailing sentiment points to a lack of fulfillment of promises and a need for improvement in various areas.

This mixed reception highlights the importance of addressing user concerns and enhancing the overall service experience to boost satisfaction levels among the community it aims to support.


This AI summary has been generated from reviews found on Facebook.

Is Onondaga County Housing Development Fund Company Inc legitimate?

Onondaga County Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Onondaga County 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: $0

For more financial information, click here


Official website here: www.ongov.net/cd

What is the mission statement of Onondaga County Housing Development Fund Company Inc?

The Onondaga County Housing Development Fund Company Inc was established with a purpose to assist first-time home buyers of low and moderate income. Its mission involves the acquisition, rehabilitation, or construction of new homes. The company, formed in 1992, is dedicated to developing the Onondaga County Home Ownership Program. This program involves the construction or rehabilitation of approximately ten to fifteen homes annually, which are subsequently sold to eligible home buyers. The organization's aim is to contribute to the housing needs of this specific income bracket, thereby promoting home ownership within the community.


Official website here: www.ongov.net/cd

Who is the CEO of Onondaga County Housing Development Fund Company Inc?

Willard Mahood is the President of Onondaga County Housing Development Fund Company Inc.


Official website here: www.ongov.net/cd

What is the revenue of Onondaga County Housing Development Fund Company Inc?

Onondaga County Housing Development Fund Company Inc's revenue in 2022 was $141,506.


Official website here: www.ongov.net/cd

Who are the executives of Onondaga County Housing Development Fund Company Inc and what are their salaries?

There 7 volunteers at Onondaga County Housing Development Fund Company Inc.


Here are 7 key members and their salaries:


Willard Mahood (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Isabelle Harris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Knapp (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mary Ann Coogan (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Meyer Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Platten (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Melanie Vilardi (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.ongov.net/cd

Where can I find the form 990 for Onondaga County Housing Development Fund Company Inc?

Onondaga County Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.ongov.net/cd

Learn more at the official website: www.ongov.net/cd

Mission Statement of Onondaga County Housing Development Fund Company Inc

Onondaga County Housing Development Fund Company Inc, established in 1992, is committed to a mission that revolves around the acquisition and renovation of homes or the construction of new residences. This organization, with a primary focus on first-time homebuyers, caters to individuals with low and moderate incomes. The Onondaga County Housing Development Fund Company Inc's purpose under the Home Ownership Program involves the completion of rehabilitation or construction projects, resulting in around ten to fifteen homes per year. These homes are then sold to eligible homebuyers, contributing to the expansion of homeownership opportunities within the community.

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Impact




October, 2024

Onondaga County Housing Development Fund Company Inc plays a crucial role in supporting first-time, low-income homebuyers in Onondaga County, New York. By focusing on the acquisition and rehabilitation, as well as the new construction of homes, the organization addresses the critical need for affordable housing in the community.

Established in 1992, it aims to promote homeownership among low and moderate-income residents, contributing to economic stability and community development. The organization targets to complete approximately ten to fifteen homes per year, facilitating pathways to homeownership for families who might otherwise struggle to secure safe and affordable housing.

In a challenging housing market, even with no homes sold in 2022, its ongoing commitment fosters a framework for future opportunities, making it a vital component in the local effort to enhance living standards and promote sustainable communities.




This information is meant to be a general summary of Onondaga County 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.

Revenue
$141,506 (2022)
Expenses
$141,506 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $141,506

Assets and Liabilities:

  • Total Assets: $1,300,640
  • Total Liabilities: $1,300,640
  • Net Assets: $0

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Organization Details

Founding Year

1992

Principal Officer

Willard Mahood

Main Address

1100 CIVIC CENTER, SYRACUSE, NY, 13202

NTEE Category

Code: L110 - Housing

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