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Aha Development Corporation

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

EIN: 454171999 ✦ Auburn, NY ✦ Designated as a 501(c)(3)

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Overview

What is Aha Development Corporation?

Aha Development Corporation, based in Auburn, New York, is a charitable nonprofit organization with a mission to alleviate poverty and promote social welfare. Their primary objective is to provide affordable housing and related community services to low-income families and individuals. By developing, acquiring, constructing, renovating, operating, maintaining, and improving rental housing and home ownership opportunities, they aim to combat community deterioration and reduce prejudice and discrimination. Their activities are in line with Section 501(C)(3) of the Internal Revenue Code, and they are dedicated to improving the lives of the underprivileged. Their current project involves an 88-unit housing project for low-income individuals and a 28-unit housing project for homeless families.

Is Aha Development Corporation legitimate?

Aha Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Aha Development Corporation 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: $32,411

For more financial information, click here

What is the mission statement of Aha Development Corporation?

Aha Development Corporation was established with a charitable purpose, falling under Section 501(C)(3) of the Internal Revenue Code. Its primary objective is to alleviate poverty, distress, and underprivilege, and promote social welfare. The organization aims to lessen community tension, eliminate prejudice and discrimination, and combat community deterioration. Specifically, Aha Development Corporation seeks to achieve a public or quasi-public objective by providing affordable, decent housing and related community services tailored to the needs and requirements of low-income families and individuals. They accomplish this by developing, acquiring, constructing, renovating, operating, maintaining, and improving rental housing and home ownership opportunities.

Who is the CEO of Aha Development Corporation?

Laurie Piccolo is the Treasurer of Aha Development Corporation.

What is the revenue of Aha Development Corporation?

Aha Development Corporation's revenue in 2022 was $314,198.

Who are the executives of Aha Development Corporation and what are their salaries?


Here are 7 key members and their salaries:


Barbara Lamphere (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle Barber (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Laurie Piccolo (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trish Kerr (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rodney Richardson (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Hardy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sara Douglass (Asst. Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Aha Development Corporation?

Aha Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Aha Development Corporation

Aha Development Corporation, a charitable organization under Section 501(C)(3) of the Internal Revenue Code, is committed to serving the underprivileged and lessening community tension. Its mission is twofold: firstly, to provide affordable housing and related community services tailored to meet the needs of low-income families and individuals. This is achieved by developing, acquiring, constructing, renovating, operating, maintaining, and improving rental housing and home ownership opportunities. Secondly, Aha Development Corporation works towards promoting social welfare and combating discrimination and prejudice, aiming to eliminate community deterioration. Their goal is to create a more inclusive and equitable society for all.

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Impact




October, 2024

Aha Development Corporation significantly impacts the community by dedicatedly addressing the needs of low-income individuals and families through the development of affordable housing. The organization focuses on creating, renovating, and maintaining decent rental options and homeownership opportunities, which are essential in alleviating poverty and supporting those in distress.

In Auburn, NY, Aha Development has executed substantial housing projects, including an 88-unit housing development tailored for low-income residents and a 28-unit project specifically aimed at homeless families. These initiatives not only provide shelter but also contribute to the promotion of social welfare by combating community deterioration and striving to lessen social tensions and eliminate discrimination.

By fostering an environment where affordable housing is accessible, Aha Development Corporation plays a crucial role in enhancing the quality of life for those it serves, ensuring that vulnerable populations have a stable foundation from which they can thrive. Their work promotes community engagement and resilience, helping to build a more inclusive society.




This information is meant to be a general summary of Aha Development Corporation. 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
$314,198 (2022)
Expenses
$432,503 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $4,851
  • Program Service Revenue: $309,347
  • Gross Receipts: $314,198

Assets and Liabilities:

  • Total Assets: $7,143,560
  • Total Liabilities: $6,331,173
  • Net Assets: $812,387

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Programs

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

RENTAL INCOME

Revenue

$198,618

DEVELOPERS FEE INCOME

Revenue

$107,092

MISCELLANEOUS INCOME

Revenue

$3,637

Organization Details

Founding Year

2011

Principal Officer

Laurie Piccolo

Main Address

7 MERRIMAN STREET, AUBURN, NY, 13021

NTEE Category

Code: L21 - Housing

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