Overview
What is Center Housing Development Fund Corporation Ii?
Center Housing Development Fund Corporation II is a nonprofit organization situated in Albany, New York, with a specific focus on providing housing solutions for individuals with disabilities and families with limited income. Their primary mission is to ensure the availability of suitable living accommodations for these groups, working diligently to uphold this objective. By offering housing services, they aim to contribute positively to the lives of those in need, thereby enhancing overall community well-being.
Is Center Housing Development Fund Corporation Ii legitimate?
Center Housing Development Fund Corporation Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Center Housing Development Fund Corporation Ii 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: $582
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,535
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What is the mission statement of Center Housing Development Fund Corporation Ii?
The Center Housing Development Fund Corporation II is committed to providing housing solutions for individuals with disabilities and families with low income. Their mission, as stated, is focused on ensuring that these groups have access to adequate housing. They strive to make a significant impact in this area, providing housing that meets the needs of the disabled and low-income families. Their activities are centered around this mission, aiming to make a tangible difference in the lives of these communities.
Who is the CEO of Center Housing Development Fund Corporation Ii?
Gregory J Sorrentino is the Pres/Ceo/Tre of Center Housing Development Fund Corporation Ii. The CEO's salary of Center Housing Development Fund Corporation Ii is $264 and their total compensation is $400,170.
What is the revenue of Center Housing Development Fund Corporation Ii?
Center Housing Development Fund Corporation Ii's revenue in 2022 was $92,526.
Who are the executives of Center Housing Development Fund Corporation Ii and what are their salaries?
Here are 5 key members and their salaries (Center Housing Development Fund Corporation Ii's CEO's salary is $264 and their total compensation is $400,170):
- Compensation: $264
- Related: $369,080
- Other: $30,826
- Compensation: $181
- Related: $247,860
- Other: $11,824
- Compensation: $137
- Related: $187,039
- Other: $20,888
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Center Housing Development Fund Corporation Ii?
Center Housing Development Fund Corporation Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Center Housing Development Fund Corporation Ii
Center Housing Development Fund Corporation II is an organization dedicated to providing housing solutions for disabled and low-income families. Their mission, simply put, is to create a safe and comfortable living environment for individuals who may face financial and physical challenges. By offering housing opportunities, this nonprofit aims to contribute to a more inclusive and equitable community, ensuring that everyone has access to a decent place to call home.
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Impact
October, 2024
Center Housing Development Fund Corporation II plays a crucial role in addressing housing needs for disabled individuals and low-income families in Albany, NY. By focusing on this specific demographic, the organization contributes to reducing homelessness and improving the quality of life for vulnerable populations.
Through its initiatives, it ensures access to affordable housing solutions, helping families secure stable living conditions and fostering community integration for the disabled. By alleviating housing insecurity, the corporation enhances overall well-being, empowers residents, and supports healthier, more stable communities. Its mission not only addresses immediate housing challenges but also promotes dignity and independence for those it serves, ultimately making a significant positive impact on social equity in the region.
This information is meant to be a general summary of Center Housing Development Fund Corporation Ii. 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 2022.
- Investment Income: $23
- Program Service Revenue: $92,428
- Gross Receipts: $92,526
Assets and Liabilities:
- Total Assets: $921,721
- Total Liabilities: $62,691
- Net Assets: $859,030
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD ASSISTED REVENUE
Revenue
$61,168
HUD RENT SUBSIDY
Revenue
$44,960
EXCESS RESIDUAL RECEIPTS
Revenue
-$13,700
Organization Details
Founding Year
2003
Phone
(518) 944-2109Principal Officer
Gregory J Sorrentino
Main Address
314 SOUTH MANNING BLVD, ALBANY, NY, 12208
NTEE Category
Code: L21 - Housing
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