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Blue Cut Ii Housing Development Fund Co

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

EIN: 161562962 ✦ Geneva, NY ✦ Designated as a 501(c)(3)

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Overview

What is Blue Cut Ii Housing Development Fund Co?

The Blue Cut II Housing Development Fund Co is a nonprofit organization dedicated to addressing the housing needs of low-income, disabled individuals with serious mental illness (SPMI) as their primary diagnosis. Established in Geneva, NY, this fund manages an 8-unit apartment project, overseeing its operational and maintenance costs. Their primary mission is to provide suitable living spaces for individuals who require such assistance, aiming to support their overall well-being and improve their quality of life.

Is Blue Cut Ii Housing Development Fund Co legitimate?

Blue Cut Ii Housing Development Fund Co is a legitimate nonprofit organization registered as a 501(c)(3) entity. Blue Cut Ii Housing Development Fund Co 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 Ii Housing Development Fund Co?

The Blue Cut II Housing Development Fund's mission is centered around providing housing solutions for individuals with low income and a primary diagnosis of Serious and Persistent Mental Illness (SPMI). This non-profit organization is dedicated to managing an 8-unit apartment project, whose primary objective is to cater to the residential needs of these individuals, ensuring their housing expenses are covered. By doing so, the Blue Cut II Housing Development Fund aims to contribute positively to the well-being and housing stability of this specific population.

Who is the CEO of Blue Cut Ii Housing Development Fund Co?

John Hovey is the President of Blue Cut Ii Housing Development Fund Co.

What is the revenue of Blue Cut Ii Housing Development Fund Co?

Blue Cut Ii Housing Development Fund Co's revenue in 2022 was $60,317.

Who are the executives of Blue Cut Ii Housing Development Fund Co 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 Ii Housing Development Fund Co?

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

Mission Statement of Blue Cut Ii Housing Development Fund Co

The Blue Cut II Housing Development Fund is a nonprofit organization dedicated to providing housing solutions for low-income individuals who have a primary diagnosis of Serious and Persistent Mental Illness (SPMI). Its mission is to manage and operate an 8-unit apartment project, ensuring the residential needs of its residents are met. This nonprofit is committed to making a significant impact in the lives of those in need, offering a safe and supportive living environment.

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Impact




August, 2024

Blue Cut II Housing Development Fund Co's impact is significant in providing housing to low-income, disabled individuals with Serious and Persistent Mental Illness (SPMI) as a primary diagnosis. By operating and managing an 8-unit apartment project in Geneva, NY, the organization is directly addressing the critical need for affordable and supportive housing for this vulnerable population. This impact helps improve the quality of life and stability for individuals facing mental health challenges, ensuring they have a safe and stable place to call home.




This information is meant to be a general summary of Blue Cut Ii Housing Development Fund Co. 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
$60,317 (2022)
Expenses
$62,067 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $22
  • Program Service Revenue: $42,112
  • Gross Receipts: $60,317

Assets and Liabilities:

  • Total Assets: $215,776
  • Total Liabilities: $160,894
  • Net Assets: $54,882

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Organization Details

Principal Officer

John Hovey

Main Address

600 W WASHINGTON STREET, GENEVA, NY, 14456

NTEE Category

Code: L50 - Housing

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