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Housing Development Foundation Inc

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

EIN: 161583317 ✦ Rochester, NY ✦ Designated as a 501(c)(3)

Overview

What is Housing Development Foundation Inc?

Housing Development Foundation Inc, situated in Rochester, New York, is a nonprofit organization that focuses on providing housing solutions for tax-exempt institutions, specifically colleges, under Section 501(C)(3) of the Internal Revenue Code. Their primary mission is to accommodate college students, offering them suitable living spaces. The foundation's activities align with its mission, ensuring that it continues to contribute to the educational community by offering housing solutions.


Is Housing Development Foundation Inc legitimate?

Housing Development Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Housing Development Foundation 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


What is the mission statement of Housing Development Foundation Inc?
Who is the CEO of Housing Development Foundation Inc?
What is the revenue of Housing Development Foundation Inc?
Who are the executives of Housing Development Foundation Inc and what are their salaries?
Where can I find the form 990 for Housing Development Foundation Inc?

Mission Statement of Housing Development Foundation Inc

Housing Development Foundation Inc, a nonprofit organization, is dedicated to providing housing solutions for college students. This mission is carried out by offering housing accommodations to institutions that are exempt from federal income tax under Section 501(C)(3) of the Internal Revenue Code. By doing so, Housing Development Foundation Inc contributes to the educational journey of countless students, providing them with a stable living environment during their academic pursuits.

Impact

This information is meant to be a general summary of Housing Development Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Thursday, August 15, 2024

Housing Development Foundation Inc provides much-needed housing for college students, catering to the specific needs of this demographic. By focusing on providing affordable and safe housing options for students, the organization contributes significantly to enhancing the overall college experience and ensuring that students have a conducive environment to live and study in. This impact is particularly important as it supports the academic success and well-being of students, ultimately helping them reach their educational goals.





Financials

This financial information is from Propublica.

Revenue
Expenses
Efficiency

Other financial information:

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

  • Investment Income: $1,574
  • Program Service Revenue: $950,768
  • Gross Receipts: $952,342

    • Assets and Liabilities:
  • Total Assets: $4,599,645
  • Total Liabilities: $3,222,091
  • Net Assets: $1,377,554
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ROOM RENTAL

    Revenue

    $950,768

    Organization Details

    Founding Year

    2000

    Principal Officer

    Laurie J Leo

    Main Address

    2301 WESTSIDE DRIVE, ROCHESTER, NY, 14624

    NTEE Category

    Code: L20 - Housing

    If you are a representative of Housing Development Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.