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Cynthia Gardens Housing Development Fund Company Inc

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

EIN: 273976548 ✦ Buffalo, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cynthia Gardens Housing Development Fund Company Inc?

Cynthia Gardens Housing Development Fund Company Inc is a nonprofit organization, established with the primary purpose of managing operations for a low-income apartment complex. Situated at 191 North Street 1, Buffalo, NY 14201, this organization is dedicated to providing affordable housing solutions for its community. The company's mission is centered around running the day-to-day operations of the apartment complex, ensuring that it remains accessible and suitable for individuals with limited financial means.


Official website here: www.hocn.org

Is Cynthia Gardens Housing Development Fund Company Inc legitimate?

Cynthia Gardens Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cynthia Gardens 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: $0

For more financial information, click here


Official website here: www.hocn.org

What is the mission statement of Cynthia Gardens Housing Development Fund Company Inc?

The mission of Cynthia Gardens Housing Development Fund Company Inc, as a not-for-profit corporation, is focused on managing the operations of a low-income apartment complex. Their primary goal is to provide affordable housing solutions for individuals who fall under this income category. The company's activities are geared towards maintaining and overseeing the day-to-day operations of this housing complex, ensuring that the residents have a secure and comfortable living environment. While the information provided does not detail any specific advocacy or support initiatives, it is evident that Cynthia Gardens Housing Development Fund Company Inc is committed to serving this particular segment of society by offering affordable housing options.


Official website here: www.hocn.org

Who is the CEO of Cynthia Gardens Housing Development Fund Company Inc?

Stephanie Simeon is the President of Cynthia Gardens Housing Development Fund Company Inc.


Official website here: www.hocn.org

What is the revenue of Cynthia Gardens Housing Development Fund Company Inc?

Cynthia Gardens Housing Development Fund Company Inc's revenue in 2022 was $157,907.


Official website here: www.hocn.org

Who are the executives of Cynthia Gardens Housing Development Fund Company Inc and what are their salaries?


Here are 8 key members and their salaries:


Lauren M Gannon (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason Falk (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Bender (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alexander Drainville (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Colleen Roberts (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Adebare Ogunleye (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lander (Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stephanie J Simeon (Executive Director)
  • Compensation: $0
  • Related: $79,124
  • Other: $0


Official website here: www.hocn.org

Where can I find the form 990 for Cynthia Gardens Housing Development Fund Company Inc?

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


Official website here: www.hocn.org

Learn more at the official website: www.hocn.org

Mission Statement of Cynthia Gardens Housing Development Fund Company Inc

Cynthia Gardens Housing Development Fund Company Inc, as a not-for-profit corporation, is dedicated to managing the operations of a low-income apartment complex. Their mission is centered around providing affordable housing solutions for individuals with limited financial resources. By overseeing the operations of this apartment complex, the organization aims to contribute to the community by offering a housing solution that caters to those in need. The company's focus on low-income housing is a testament to its commitment to social equality and making a positive impact on its residents' lives.

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Impact




October, 2024

Cynthia Gardens Housing Development Fund Company Inc significantly impacts the local community by providing affordable housing solutions for low-income residents in Buffalo, NY. By operating a low-income apartment complex, the organization ensures that families and individuals have access to safe and stable housing, which is essential for their overall well-being and economic stability. This initiative helps alleviate housing insecurity and contributes to the betterment of the community by fostering an inclusive environment where diverse groups can thrive. Access to affordable housing also allows residents to focus on other critical areas of their lives, such as education and employment, ultimately enhancing their quality of life and promoting social equity.




This information is meant to be a general summary of Cynthia Gardens 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
$157,907 (2022)
Expenses
$140,262 (2022)
Efficiency

Other financial information:

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

  • Program Service Revenue: $47,076
  • Gross Receipts: $157,907

Assets and Liabilities:

  • Total Assets: $1,266,538
  • Total Liabilities: $1,578,565
  • Net Assets: -$312,027

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Programs

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

RENTAL INCOME

Revenue

$47,076

Organization Details

Founding Year

2010

Principal Officer

Stephanie Simeon

Main Address

191 NORTH STREET 1, BUFFALO, NY, 14201

NTEE Category

Code: L21 - Housing

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