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Academy Arms Housing Development Fund Company Inc

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

EIN: 222806500 ✦ Oneonta, NY ✦ Designated as a 501(c)(3)

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Overview

What is Academy Arms Housing Development Fund Company Inc?

Academy Arms Housing Development Fund Company Inc, based in Oneonta, NY, is a nonprofit organization dedicated to providing housing for the elderly and disabled. Their primary program involves managing a twenty-eight-unit facility, offering a nurturing living environment for this demographic. The company's mission focuses on addressing the needs of the elderly and disabled community, ensuring they have access to suitable residential accommodations.

Is Academy Arms Housing Development Fund Company Inc legitimate?

Academy Arms Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Arms 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,921

For more financial information, click here

What is the mission statement of Academy Arms Housing Development Fund Company Inc?

Academy Arms Housing Development Fund Company Inc is dedicated to offering a residential program for the elderly and disabled. Their primary mission involves providing housing for this specific group of individuals. The organization, while not specified in the information, aims to enhance the living conditions and provide a comfortable environment for the elderly and disabled, promoting their well-being and independence. The company operates a twenty-eight unit program, ensuring sufficient accommodation for the individuals they serve.

Who is the CEO of Academy Arms Housing Development Fund Company Inc?

Jeffrey House is the President of Academy Arms Housing Development Fund Company Inc.

What is the revenue of Academy Arms Housing Development Fund Company Inc?

Academy Arms Housing Development Fund Company Inc's revenue in 2023 was $252,086.

Who are the executives of Academy Arms Housing Development Fund Company Inc and what are their salaries?


Here are 3 key members and their salaries:


Jeffrey House (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kermit Weaver (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Miller (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Academy Arms Housing Development Fund Company Inc?

Academy Arms Housing Development Fund Company Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Academy Arms Housing Development Fund Company Inc

Academy Arms Housing Development Fund Company Inc is dedicated to providing a living space for the elderly and disabled. Their mission is centered around operating a twenty-eight unit program, offering a home to individuals who fall under these categories. The organization's primary focus is to ensure the elderly and disabled have a suitable residence, catering to their unique needs. While the specifics of their services or additional programs are not provided, it can be inferred that they strive to create an inclusive and supportive environment for their residents.

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Impact




October, 2024

Academy Arms Housing Development Fund Company Inc plays a crucial role in addressing the housing needs of the elderly and disabled population in Oneonta, NY. By offering a dedicated program with twenty-eight residential units, the organization significantly enhances the quality of life for its residents. It provides a safe, supportive, and accessible living environment that fosters independence while ensuring that essential services and community connections are available. This program not only alleviates housing insecurity among vulnerable groups but also promotes social inclusion and well-being for elderly and disabled individuals, contributing to a more compassionate and equitable community.




This information is meant to be a general summary of Academy Arms 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.

Revenue
$252,086 (2023)
Expenses
$267,263 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $39
  • Program Service Revenue: $249,203
  • Gross Receipts: $252,086

Assets and Liabilities:

  • Total Assets: $446,693
  • Total Liabilities: $983,832
  • Net Assets: -$537,139

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Programs

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

TENANT ASSISTANCE PAYM

Revenue

$141,325

RENTAL INCOME

Revenue

$107,878

Organization Details

Founding Year

1978

Principal Officer

Jeffrey House

Main Address

2 MITCHELL STREET, ONEONTA, NY, 138202343

NTEE Category

Code: L20Z - Housing

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