Kennedy Towers Housing Development Fund Company Inc

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

EIN: 223894037 ✦ Troy, NY ✦ Designated as a 501(c)(3)

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Overview

What is Kennedy Towers Housing Development Fund Company Inc?

Kennedy Towers Housing Development Fund Company Inc, located in Troy, New York, is a nonprofit organization dedicated to the acquisition, rehabilitation, and operation of a rental housing project. Their primary mission is to provide housing and essential services to qualified individuals in need. This commitment extends beyond just offering a place to live, aiming to improve the living conditions and overall well-being of those they serve.

Is Kennedy Towers Housing Development Fund Company Inc legitimate?

Kennedy Towers Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Kennedy Towers 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: $378,807

For more financial information, click here

What is the mission statement of Kennedy Towers Housing Development Fund Company Inc?

Kennedy Towers Housing Development Fund Company Inc's mission is centered around providing housing and necessary services to eligible individuals. This mission is carried out through the acquisition, rehabilitation, and operation of a rental housing project. The company's primary goal is to cater to qualified individuals, ensuring they have access to suitable living spaces and associated services.

Who is the CEO of Kennedy Towers Housing Development Fund Company Inc?

Deborah Witkowski is the Chair of Kennedy Towers Housing Development Fund Company Inc.

What is the revenue of Kennedy Towers Housing Development Fund Company Inc?

Kennedy Towers Housing Development Fund Company Inc's revenue in 2022 was $1,823,757.

Who are the executives of Kennedy Towers Housing Development Fund Company Inc and what are their salaries?


Here are 8 key members and their salaries:


Susan Steele (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Sanders (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Justin T Relf (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Debora Jackson (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Elizabeth Rodriguez (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Walter Howard (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wildelia Nancy Roman (Commissioner)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Witkowski (Executive Di)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Kennedy Towers Housing Development Fund Company Inc?

Kennedy Towers Housing Development Fund Company Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Kennedy Towers Housing Development Fund Company Inc

Kennedy Towers Housing Development Fund Company Inc is committed to providing housing and essential services to eligible individuals. Their mission, in essence, is to acquire, renovate, and manage a rental housing project, offering a secure living space to those who meet the necessary criteria. This nonprofit organization's primary goal is to contribute to the well-being of its residents by providing them with a suitable living environment.

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Impact




October, 2024

Kennedy Towers Housing Development Fund Company Inc significantly impacts the community by acquiring, rehabilitating, and operating rental housing projects in Troy, NY. Its mission focuses on providing essential housing and services to qualified individuals, addressing critical housing needs in the area. By improving living conditions and ensuring affordable housing options, the organization fosters stability and enhances the quality of life for residents. Furthermore, the efforts contribute to the revitalization of the local community, creating a positive ripple effect that can lead to economic development and improved social well-being.




This information is meant to be a general summary of Kennedy Towers 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
$1,823,757 (2022)
Expenses
$2,319,296 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,701
  • Program Service Revenue: $1,802,189
  • Gross Receipts: $1,823,757

Assets and Liabilities:

  • Total Assets: $12,824,623
  • Total Liabilities: $10,466,104
  • Net Assets: $2,358,519

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Programs

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

DWELLING RENTAL

Revenue

$1,751,029

OTHER LEASED SPACE

Revenue

$51,160

Organization Details

Founding Year

2003

Principal Officer

Deborah Witkowski

Main Address

ONE EDDYS LANE, TROY, NY, 12180

NTEE Category

Code: L21 - Housing

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