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Townsend Home Housing Development Fund Company Inc

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

EIN: 472619608 ✦ Syracuse, NY ✦ Designated as a 501(c)(3)

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Overview

What is Townsend Home Housing Development Fund Company Inc?

Townsend Home Housing Development Fund Company Inc is a nonprofit organization situated in Syracuse, New York, with a primary mission to develop, manage, and operate low-income housing projects. Led by Robert Sekowski, the company adheres to section 45A of the Private Housing Finance Law, dedicating its efforts solely to this cause. Their objective is to provide affordable housing options for individuals with limited financial resources, contributing positively to the local community.


Official website here: www.christopher-community.org

Is Townsend Home Housing Development Fund Company Inc legitimate?

Townsend Home Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Townsend Home 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: $31,130

For more financial information, click here


Official website here: www.christopher-community.org

What is the mission statement of Townsend Home Housing Development Fund Company Inc?

The Townsend Home Housing Development Fund Company Inc was established with the primary objective of developing, owning, and operating a low-income housing project on a nonprofit basis. This mission is in accordance with Section 45A of the Private Housing Finance Law. The organization is committed to providing affordable housing solutions, operating on a nonprofit basis to cater to the needs of individuals with limited financial resources.


Official website here: www.christopher-community.org

Who is the CEO of Townsend Home Housing Development Fund Company Inc?

Robert Sekowski is the Director/President/Treasur of Townsend Home Housing Development Fund Company Inc.


Official website here: www.christopher-community.org

What is the revenue of Townsend Home Housing Development Fund Company Inc?

Townsend Home Housing Development Fund Company Inc's revenue in 2022 was $425,421.


Official website here: www.christopher-community.org

Who are the executives of Townsend Home Housing Development Fund Company Inc and what are their salaries?

The average compensation at Townsend Home Housing Development Fund Company Inc during 2022 was $5,188. There are 6 employees at Townsend Home Housing Development Fund Company Inc.


Here are 3 key members and their salaries:


Robert Sekowski (Director/President/Treasur)
  • Compensation: $0
  • Related: $0
  • Other: $0
William Demarie (Director/Vp/Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kimberly Berger (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.christopher-community.org

Where can I find the form 990 for Townsend Home Housing Development Fund Company Inc?

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


Official website here: www.christopher-community.org

Learn more at the official website: www.christopher-community.org

Mission Statement of Townsend Home Housing Development Fund Company Inc

Townsend Home Housing Development Fund Company Inc, a nonprofit organization, was established with a single-minded focus. Its mission is centered around developing, owning, and operating a low-income housing project. This mission is in line with Section 45A of the Private Housing Finance Law, demonstrating the organization's commitment to providing affordable housing solutions. Robert Sekowski oversees the operations of this company, ensuring that its mission is carried out effectively. The organization operates on a nonprofit basis, indicating its dedication to serving the community rather than generating profits. By providing low-income housing, Townsend Home Housing Development Fund Company Inc plays a crucial role in addressing housing inequality and contributing to a more equitable society.

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Impact




October, 2024

Townsend Home Housing Development Fund Company Inc plays a vital role in addressing the housing needs of low-income individuals and families in Syracuse, NY. By developing, owning, and operating affordable housing projects, the organization directly contributes to the community by providing safe and stable living environments for those who may otherwise struggle to find suitable housing options.

Under the leadership of Robert Sekowski, the organization focuses on its mission to create accessible housing solutions, thereby fostering a sense of community and improving the overall quality of life for its residents. The impact of Townsend Home extends beyond just providing shelter; it promotes economic stability, social equity, and community well-being.

Through its dedicated efforts, Townsend Home not only alleviates housing insecurity but also contributes to the local economy by creating jobs and supporting local services. The organization’s commitment to low-income housing helps ensure that all individuals, regardless of their financial situation, have the opportunity to thrive in a supportive and inclusive environment.




This information is meant to be a general summary of Townsend Home 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
$425,421 (2022)
Expenses
$536,705 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $1,953
  • Program Service Revenue: $402,639
  • Gross Receipts: $425,421

Assets and Liabilities:

  • Total Assets: $4,592,646
  • Total Liabilities: $5,059,001
  • Net Assets: -$466,355

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Programs

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

PROGRAM SERVICE REVENU

Revenue

$402,639

Organization Details

Founding Year

2014

Principal Officer

Robert Sekowski

Main Address

990 JAMES STREET, SYRACUSE, NY, 13203

NTEE Category

Code: L20 - Housing

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