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512 Lemoyne Ave Housing Dev Fund Coinc

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

EIN: 223028987 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

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Overview

What is 512 Lemoyne Ave Housing Dev Fund Coinc?

512 Lemoyne Ave Housing Dev Fund Coinc is a nonprofit organization situated in Syracuse, New York, with its headquarters at 990 James Street. The primary mission of this nonprofit is to operate a low-income housing project on a nonprofit basis, in compliance with Section 45-A of the Private Housing Finance Law of the State of New York. Their endeavors are dedicated to providing housing solutions for individuals with limited financial means.


Official website here: www.christopher-community.org

Is 512 Lemoyne Ave Housing Dev Fund Coinc legitimate?

512 Lemoyne Ave Housing Dev Fund Coinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. 512 Lemoyne Ave Housing Dev Fund Coinc 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: $36,262

For more financial information, click here


Official website here: www.christopher-community.org

What is the mission statement of 512 Lemoyne Ave Housing Dev Fund Coinc?

The 512 Lemoyne Ave Housing Dev Fund Coinc was established with a specific purpose: to develop, manage, and operate a low-income housing project on a non-profit basis. This endeavor is in line with Section 45-A of the Private Housing Finance Law of New York. The corporation's primary objective is to provide affordable housing units to individuals who fall under the low-income category, operating on a non-profit basis to serve this specific community. The project, following the guidelines set by Section 45-A, aims to contribute to the housing needs of this segment of society.


Official website here: www.christopher-community.org

Who is the CEO of 512 Lemoyne Ave Housing Dev Fund Coinc?

Justin Rudgick is the Secretary of 512 Lemoyne Ave Housing Dev Fund Coinc.


Official website here: www.christopher-community.org

What is the revenue of 512 Lemoyne Ave Housing Dev Fund Coinc?

512 Lemoyne Ave Housing Dev Fund Coinc's revenue in 2022 was $310,299.


Official website here: www.christopher-community.org

Who are the executives of 512 Lemoyne Ave Housing Dev Fund Coinc and what are their salaries?


Here are 3 key members and their salaries:


Audrey Farwagi (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin Rudgick (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kyle Lyskawa (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.christopher-community.org

Where can I find the form 990 for 512 Lemoyne Ave Housing Dev Fund Coinc?

512 Lemoyne Ave Housing Dev Fund Coinc'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 512 Lemoyne Ave Housing Dev Fund Coinc

512 Lemoyne Ave Housing Dev Fund Coinc was established with a singular focus: to develop, own, and manage a low-income housing project on a non-profit basis. This mission is in accordance with Section 45-A of the Private Housing Finance Law of the State of New York. The corporation's primary objective is to provide affordable housing for individuals with limited financial resources, operating the project in a manner that upholds the non-profit ethos. By doing so, 512 Lemoyne Ave Housing Dev Fund Coinc contributes to the broader goal of ensuring that housing is an accessible and affordable necessity for all, irrespective of income levels.

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Impact




October, 2024

512 Lemoyne Ave Housing Dev Fund Coinc significantly contributes to addressing the affordable housing crisis in Syracuse, NY, through the operation of a 38-unit low-income housing project. By providing safe, stable, and affordable housing options, it supports the well-being of low-income families and individuals, fostering a stronger community. The project is aligned with Section 45-A of the Private Housing Finance Law of New York, ensuring compliance with regulations while prioritizing the needs of vulnerable populations. The presence of this housing development not only alleviates immediate housing shortages but also enhances the overall economic and social fabric of the area by promoting inclusivity and stability for its residents.




This information is meant to be a general summary of 512 Lemoyne Ave Housing Dev Fund Coinc. 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
$310,299 (2022)
Expenses
$422,637 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $26
  • Program Service Revenue: $238,798
  • Gross Receipts: $310,299

Assets and Liabilities:

  • Total Assets: $2,374,930
  • Total Liabilities: $5,819,846
  • Net Assets: -$3,444,916

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Programs

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

RENT, NET OF VACANCY L

Revenue

$238,798

Organization Details

Founding Year

1989

Principal Officer

Justin Rudgick

Main Address

990 JAMES STREET, SYRACUSE, NY, 13203

NTEE Category

Code: L20 - Housing

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