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Blue Cut Housing Development Fund Corporation I

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

EIN: 161489212 ✦ Geneva, NY ✦ Designated as a 501(c)(3)

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Overview

What is Blue Cut Housing Development Fund Corporation I?

Blue Cut Housing Development Fund Corporation I is a nonprofit organization dedicated to providing housing for low-income, disabled individuals with serious mental illness (SMI) as their primary diagnosis. This organization manages an 8-unit apartment project, investing in residential expenses to ensure a safe and comfortable living environment for its residents. By offering this housing solution, Blue Cut Housing Development Fund Corporation I plays a critical role in supporting vulnerable individuals and enabling them to maintain a stable living situation.

Is Blue Cut Housing Development Fund Corporation I legitimate?

Blue Cut Housing Development Fund Corporation I is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Cut Housing Development Fund Corporation I submitted a form 990EZ, 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.

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

Blue Cut Housing Development Fund Corporation I's mission is centered around providing housing for low-income, disabled individuals who have Schizophrenia, Bipolar Disorder, or Major Depressive Disorder as their primary diagnosis. The corporation aims to manage and operate an 8-unit apartment project with this specific purpose in mind. Their mission is to offer a place of residence for these individuals, ensuring they have access to a suitable living space.

Who is the CEO of Blue Cut Housing Development Fund Corporation I?

John Hovey is the President of Blue Cut Housing Development Fund Corporation I.

What is the revenue of Blue Cut Housing Development Fund Corporation I?

Blue Cut Housing Development Fund Corporation I's revenue in 2022 was $67,411.

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


Here are 4 key members and their salaries:


John Hovey (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandra Ansley (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Steck (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hugh Price (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990EZ for Blue Cut Housing Development Fund Corporation I?

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

Mission Statement of Blue Cut Housing Development Fund Corporation I

Blue Cut Housing Development Fund Corporation I is committed to providing housing for low-income individuals who are disabled and have serious mental illness (spmi) as their primary diagnosis. The organization operates and manages an eight-unit apartment project with the primary objective of offering a home to those in need. By doing so, Blue Cut Housing Development Fund Corporation I aims to make a significant impact in the lives of these individuals, providing them with a stable living environment.

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Impact




August, 2024

Blue Cut Housing Development Fund Corporation I's impact is significant as it provides essential housing support for low-income disabled individuals with serious and persistent mental illness (SPMI) as their primary diagnosis. By managing and operating an 8-unit apartment project in Geneva, NY, this organization is directly addressing the housing needs of a vulnerable population that often faces challenges in accessing safe and affordable accommodation. This initiative not only offers a roof over their heads but also fosters a sense of stability and community for individuals who require specialized care and support. Overall, Blue Cut Housing Development Fund Corporation I is making a positive impact by ensuring that these individuals have a place they can call home.




This information is meant to be a general summary of Blue Cut 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
$67,411 (2022)
Expenses
$73,331 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $17
  • Program Service Revenue: $49,914
  • Gross Receipts: $67,411

Assets and Liabilities:

  • Total Assets: $132,912
  • Total Liabilities: $116,224
  • Net Assets: $16,688

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Organization Details

Principal Officer

John Hovey

Main Address

600 W WASHINGTON STREET, GENEVA, NY, 14456

NTEE Category

Code: L110 - Housing

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