Overview
What is Schenectady Housing Development Fund Corporation?
The Schenectady Housing Development Fund Corporation is a nonprofit organization established with a mission to create and offer affordable housing options for low- and moderate-income residents in Schenectady City. They operate a Home Buyers Assistance Program, providing essential funding to Schenectady area homebuyers when traditional funding sources are lacking. The organization's primary goal is to empower local residents by enhancing their housing opportunities.
Official website here: www.cityofschenectady.com
Is Schenectady Housing Development Fund Corporation legitimate?
Schenectady Housing Development Fund Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schenectady Housing Development Fund Corporation 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.
Official website here: www.cityofschenectady.com
What is the mission statement of Schenectady Housing Development Fund Corporation?
The Schenectady Housing Development Fund Corporation was established with the primary objective of creating and offering housing options for individuals with moderate to low income levels. When conventional funding sources are unavailable, they provide financial assistance to homebuyers in the Schenectady area through their Home Buyers Assistance Program. The organization's mission is centered around expanding affordable housing opportunities to support the needs of a specific income demographic.
Official website here: www.cityofschenectady.com
Who is the CEO of Schenectady Housing Development Fund Corporation?
Michael Krywinski is the Secretary of Schenectady Housing Development Fund Corporation.
Official website here: www.cityofschenectady.com
What is the revenue of Schenectady Housing Development Fund Corporation?
Schenectady Housing Development Fund Corporation's revenue in 2022 was $24,819.
Official website here: www.cityofschenectady.com
Who are the executives of Schenectady Housing Development Fund Corporation and what are their salaries?
Here are 12 key members and their salaries:
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Official website here: www.cityofschenectady.com
Where can I find the form 990EZ for Schenectady Housing Development Fund Corporation?
Schenectady Housing Development Fund Corporation's most recent form 990EZ was submitted in 2022 and can be accessed here.
Official website here: www.cityofschenectady.com
Learn more at the official website: www.cityofschenectady.com
Mission Statement of Schenectady Housing Development Fund Corporation
The Schenectady Housing Development Fund Corporation, in its mission, is dedicated to addressing the housing needs of individuals with lower to moderate incomes within the community. Established with this purpose, the organization provides a vital service by developing and offering housing solutions. One of its significant initiatives is a Home Buyers Assistance Program. This program serves as a financial resource for homebuyers in the Schenectady area, particularly for those who are unable to secure funding from other sources. By offering such assistance, the Schenectady Housing Development Fund Corporation contributes to making home ownership more accessible for a broader segment of the community.
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Impact
August, 2024
The Schenectady Housing Development Fund Corporation's impact is significant in providing housing options for low and/or moderate-income individuals in the City of Schenectady. Through their home buyers assistance program, the organization offers funds to home buyers in the Schenectady area when other funding sources are unavailable. This support plays a vital role in helping individuals and families secure affordable housing, thereby contributing to the overall well-being and stability of the community.
This information is meant to be a general summary of Schenectady Housing Development Fund Corporation. 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: $1,442
- Program Service Revenue: $23,377
- Gross Receipts: $24,819
Assets and Liabilities:
- Total Assets: $60,972
- Total Liabilities: $27,109
- Net Assets: $33,863
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Organization Details
Phone
(518) 382-5147Principal Officer
Michael Krywinski
Main Address
105 JAY STREET ROOM 14, SCHENECTADY, NY, 12305
Website
www.cityofschenectady.comNTEE Category
Code: L20 - Housing
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