Overview
What is Cny Affordable Realty Inc?
Cny Affordable Realty Inc, situated in Syracuse, New York, is a nonprofit organization dedicated to aiding low-to-moderate income individuals in their quest to purchase properties within the city. Their primary mission is to support first-time homebuyers and contribute to neighborhood revitalization efforts. By providing necessary assistance, they play a crucial role in fostering homeownership and community development in the area.
Official website here: www.cnyaffordablerealty.org
Is Cny Affordable Realty Inc legitimate?
Cny Affordable Realty Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cny Affordable Realty 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.cnyaffordablerealty.org
What is the mission statement of Cny Affordable Realty Inc?
Cny Affordable Realty Inc's mission is centered around assisting first-time homebuyers and contributing to neighborhood revitalization efforts. The organization provides support to individuals with moderate income, aiding them in purchasing properties within their city. This initiative not only helps individuals achieve homeownership but also contributes to the overall improvement and renewal of the respective neighborhoods.
Official website here: www.cnyaffordablerealty.org
Who is the CEO of Cny Affordable Realty Inc?
Kerry P Quaglia is the President/Director of Cny Affordable Realty Inc.
Official website here: www.cnyaffordablerealty.org
What is the revenue of Cny Affordable Realty Inc?
Cny Affordable Realty Inc's revenue in 2023 was $371,235.
Official website here: www.cnyaffordablerealty.org
Who are the executives of Cny Affordable Realty Inc and what are their salaries?
Here are 4 key members and their salaries:
- Compensation: $0
- Related: $143,737
- Other: $15,800
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $94,652
- Other: $5,778
- Compensation: $0
- Related: $124,838
- Other: $7,589
Official website here: www.cnyaffordablerealty.org
Where can I find the form 990 for Cny Affordable Realty Inc?
Cny Affordable Realty Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.cnyaffordablerealty.org
Learn more at the official website: www.cnyaffordablerealty.org
Mission Statement of Cny Affordable Realty Inc
Cny Affordable Realty Inc, as a nonprofit organization, is committed to assisting first-time homebuyers and contributing to neighborhood revitalization efforts. Its mission is twofold: firstly, it aims to help low to moderate income individuals acquire properties within the city. Secondly, it seeks to revitalize neighborhoods by promoting homeownership. This mission is accomplished by providing assistance to eligible individuals, thereby fostering a sense of stability and community within the targeted areas.
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Impact
October, 2024
Cny Affordable Realty Inc plays a crucial role in enhancing community stability and economic health in Syracuse, NY. By assisting first-time homebuyers, the organization enables low to moderate-income individuals to achieve homeownership, a vital step towards building wealth and financial security. This support not only fosters individual family stability but also contributes to broader neighborhood revitalization efforts.
The presence of new homeowners in previously struggling areas can spur additional investment and interest in the community, leading to improved infrastructure, increased property values, and a stronger local economy. The targeted assistance for those who might otherwise face barriers to purchasing a home creates opportunities for diverse populations and underlines the importance of equitable access to housing.
Overall, Cny Affordable Realty Inc’s initiatives not only empower individuals but also catalyze positive changes in the neighborhoods of Syracuse, promoting a sense of community, enhancing local pride, and ultimately contributing to a vibrant urban environment.
This information is meant to be a general summary of Cny Affordable Realty 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $13,813
- Program Service Revenue: $357,422
- Gross Receipts: $371,235
Assets and Liabilities:
- Total Assets: $1,148,874
- Total Liabilities: $115,078
- Net Assets: $1,033,796
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COMMISSION INCOME
Revenue
$242,609
PROPERTY MANAGEMENT AN
Revenue
$114,813
Organization Details
Founding Year
2011
Phone
(315) 671-6008Principal Officer
Kerry P Quaglia
Main Address
538 ERIE BLVD WEST, SYRACUSE, NY, 13204
Website
www.cnyaffordablerealty.orgNTEE Category
Code: L11 - Housing
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