Overview
What is Empire Housing And Development Corp?
Empire Housing and Development Corp is a nonprofit organization situated in Syracuse, New York, with a focus on community revitalization. They secure grants and loans to assist income-eligible homebuyers in improving their homes and develop affordable housing for both homebuyers and renters. The organization's initiatives aim to improve the physical condition of neighborhoods and revitalize distressed communities, ultimately benefiting low and moderate-income households throughout New York State. Their mission encompasses undertaking and supporting community revitalization efforts that include the development of affordable housing solutions. The organization operates with a small team of three dedicated individuals.
Official website here: www.empirehousing.org
Is Empire Housing And Development Corp legitimate?
Empire Housing And Development Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Empire Housing And Development Corp 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: $209,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,000
For more financial information, click here
Official website here: www.empirehousing.org
What is the mission statement of Empire Housing And Development Corp?
Empire Housing and Development Corp's mission is centered around revitalizing communities and providing housing options for low-income individuals. The organization actively participates in community rejuvenation efforts, focusing on the development of both affordable homeownership and rental housing. This initiative aims to cater to households with modest incomes, spreading across various communities in New York State.
Empire Housing and Development Corp secures grants and loan funds for income-eligible homebuyers, enabling them to enhance the homes they purchase. Additionally, the organization develops affordable housing for both homebuyers and renters. These housing projects contribute to improving the physical condition of neighborhoods and revitalizing distressed communities.
Official website here: www.empirehousing.org
Who is the CEO of Empire Housing And Development Corp?
Vincent Spina is the President of Empire Housing And Development Corp.
Official website here: www.empirehousing.org
What is the revenue of Empire Housing And Development Corp?
Empire Housing And Development Corp's revenue in 2022 was $301,888.
Official website here: www.empirehousing.org
Who are the executives of Empire Housing And Development Corp and what are their salaries?
The average compensation at Empire Housing And Development Corp during 2022 was $77,667. There are 3 employees at Empire Housing And Development Corp.
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Official website here: www.empirehousing.org
Where can I find the form 990 for Empire Housing And Development Corp?
Empire Housing And Development Corp's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.empirehousing.org
Learn more at the official website: www.empirehousing.org
Mission Statement of Empire Housing And Development Corp
Empire Housing and Development Corp is dedicated to revitalizing communities and providing affordable housing options for low-income tenants and homebuyers in urban areas. The organization undertakes and assists in community revitalization efforts, focusing on the development of both affordable homeownership and rental housing for households with moderate and low incomes. To achieve this mission, Empire Housing and Development Corp secures grant and loan funds, which are then utilized to assist income-eligible homebuyers in making improvements to the properties they purchase. Furthermore, the organization develops affordable housing options for both income-eligible homebuyers and renters, thereby improving the physical condition of neighborhoods and revitalizing distressed communities.
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Impact
October, 2024
Empire Housing And Development Corp significantly enhances urban communities by focusing on housing and community revitalization for low-income tenants and homebuyers. By securing grants and loan funds, the organization enables income-eligible homebuyers to make necessary improvements to their homes, fostering an environment of stability and pride among residents. The development of affordable housing units not only addresses the immediate need for housing but also breathes new life into distressed neighborhoods.
Their projects lead to improved physical conditions in various communities, thereby revitalizing areas that may have been neglected. This holistic approach to community development not only supports individual households but also strengthens the community as a whole, creating a more vibrant and equitable urban landscape in Syracuse and beyond. Through these endeavors, Empire Housing And Development Corp plays a crucial role in making homeownership accessible and improving living conditions for many families, ultimately contributing to the overall revitalization of urban areas in New York State.
This information is meant to be a general summary of Empire Housing And Development Corp. 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.
- Program Service Revenue: $152,275
- Gross Receipts: $310,045
Assets and Liabilities:
- Total Assets: $369,324
- Total Liabilities: $378,764
- Net Assets: -$9,440
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONSULTING INCOME
Revenue
$152,275
Organization Details
Founding Year
1995
Phone
(315) 425-7775Principal Officer
Vincent Spina
Main Address
643 PARK AVENUE, SYRACUSE, NY, 13204
Website
www.empirehousing.orgNTEE Category
Code: L20Z - Housing
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