Overview
What is Riordan School Housing Development Fund Company Inc?
Riordan School Housing Development Fund Company Inc is a nonprofit organization based in Syracuse, New York, located at 990 James Street. Established with a specific mission, the company operates a federally subsidized low-income housing project for the elderly, following Section 202 of the National Housing Act. Their objective is to provide affordable housing for this population group on a nonprofit basis, in compliance with Article XI of the Private Housing Finance Law of New York. The organization currently employs a small team of three individuals, dedicated to serving the needs of their community.
Official website here: www.christopher-community.org
Is Riordan School Housing Development Fund Company Inc legitimate?
Riordan School Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Riordan School 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: $65,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.christopher-community.org
What is the mission statement of Riordan School Housing Development Fund Company Inc?
Riordan School Housing Development Fund Company Inc was established with a specific purpose: to develop, own, and operate a low-income housing project on a non-profit basis. This mission is in accordance with Article XI of the Private Housing Finance Law of New York State. The organization carries out this mission by operating a federally subsidized 23-unit low-income housing project, primarily for the elderly, on a non-profit basis, under Section 202 of the National Housing Act. The goal is to provide affordable housing options for individuals with limited income.
Official website here: www.christopher-community.org
Who is the CEO of Riordan School Housing Development Fund Company Inc?
Howard Kruger is the Vice-President of Riordan School Housing Development Fund Company Inc.
Official website here: www.christopher-community.org
What is the revenue of Riordan School Housing Development Fund Company Inc?
Riordan School Housing Development Fund Company Inc's revenue in 2022 was $227,529.
Official website here: www.christopher-community.org
Who are the executives of Riordan School Housing Development Fund Company Inc and what are their salaries?
The average compensation at Riordan School Housing Development Fund Company Inc during 2022 was $21,871. There are 3 employees at Riordan School Housing Development Fund Company Inc.
Here are 7 key members and their salaries:
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Official website here: www.christopher-community.org
Where can I find the form 990 for Riordan School Housing Development Fund Company Inc?
Riordan School Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.christopher-community.org
Learn more at the official website: www.christopher-community.org
Mission Statement of Riordan School Housing Development Fund Company Inc
Riordan School Housing Development Fund Company Inc, a non-profit organization, was established with a singular mission. This mission was to develop, own, and manage a low-income housing project on a non-profit basis, in accordance with Article XI of the Private Housing Finance Law of the state of New York. The organization's primary objective was to provide affordable housing for a specific group of individuals, namely the elderly. This mission was carried out through the operation of a federally subsidized 23-unit housing project, as per Section 202 of the National Housing Act. The Riordan School Housing Development Fund Company Inc thus serves as a vital provider of affordable housing for the elderly, operating within the framework of its non-profit status and adhering to the regulations set by the National Housing Act.
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Impact
October, 2024
Riordan School Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of low-income elderly individuals in Syracuse, NY. By operating a federally subsidized 23-unit low-income housing project, the organization provides a safe and affordable living environment specifically designed for seniors. This initiative not only offers stable housing but also fosters community and support among its residents, enhancing their quality of life.
The development directly contributes to alleviating the pressures of housing insecurity faced by vulnerable populations, ensuring that elderly citizens can access essential services and maintain their independence in a supportive setting. By adhering to federal and state housing laws, the organization reinforces the importance of affordable housing solutions, ultimately promoting social equity and advancing community well-being.
This information is meant to be a general summary of Riordan School 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $2,053
- Program Service Revenue: $224,025
- Gross Receipts: $227,529
Assets and Liabilities:
- Total Assets: $1,517,487
- Total Liabilities: $41,437
- Net Assets: $1,476,050
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$224,025
Organization Details
Founding Year
1998
Phone
(315) 424-1821Principal Officer
Howard Kruger
Main Address
990 JAMES STREET, SYRACUSE, NY, 13203
NTEE Category
Code: P75 - Human services
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