Overview
What is Academy Square Apartments Housing Development Fund Company Inc?
Academy Square Apartments Housing Development Fund Company Inc is a nonprofit organization situated in Syracuse, New York, at 990 James Street. Their primary mission is to provide affordable housing through a 44-unit low-income project, operating on a nonprofit basis as per Article XI of the Private Housing Law of New York State. The organization's primary focus is to contribute to the local community by addressing the housing needs of low-income individuals, ensuring they have access to safe and comfortable living spaces.
Official website here: www.christopher-community.org
Is Academy Square Apartments Housing Development Fund Company Inc legitimate?
Academy Square Apartments Housing Development Fund Company Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Academy Square Apartments 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: $77,350
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Official website here: www.christopher-community.org
What is the mission statement of Academy Square Apartments Housing Development Fund Company Inc?
The Academy Square Apartments Housing Development Fund Company Inc was established with a specific purpose: to develop, manage, and operate a low-income housing project on a non-profit basis. This is in accordance with Article XI of the Private Housing Finance Law of New York. The company is currently operational, providing subsidized housing for 44 units, adhering to the non-profit principles outlined in the law. The organization's primary goal is to contribute to the provision of affordable housing for individuals with lower income levels, promoting social equity and housing accessibility.
Official website here: www.christopher-community.org
Who is the CEO of Academy Square Apartments Housing Development Fund Company Inc?
Justin Rudgick is the President of Academy Square Apartments Housing Development Fund Company Inc.
Official website here: www.christopher-community.org
What is the revenue of Academy Square Apartments Housing Development Fund Company Inc?
Academy Square Apartments Housing Development Fund Company Inc's revenue in 2022 was $273,662.
Official website here: www.christopher-community.org
Who are the executives of Academy Square Apartments Housing Development Fund Company Inc and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.christopher-community.org
Where can I find the form 990 for Academy Square Apartments Housing Development Fund Company Inc?
Academy Square Apartments 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 Academy Square Apartments Housing Development Fund Company Inc
Academy Square Apartments Housing Development Fund Company Inc was established with a singular focus: to develop, manage, and operate a low-income housing project on a non-profit basis. In line with this mission, the organization provides subsidized housing for individuals with limited financial resources, adhering to Article XI of the Private Housing Finance Law of New York. The company operates a 44-unit low-income housing project, ensuring that affordable housing options are readily available to those in need, operating on a non-profit basis.
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Impact
October, 2024
Academy Square Apartments Housing Development Fund Company Inc significantly impacts the community by providing affordable housing solutions in Syracuse, NY. By operating a subsidized low-income housing project, it addresses the pressing need for accessible living spaces among low-income residents. The 44-unit development not only offers a safe and stable environment for individuals and families but also fosters community engagement and stability.
This initiative aligns with the requirements of Article XI of the Private Housing Law of New York, ensuring that the housing provided adheres to the standards set for low-income accommodations. As a result, Academy Square Apartments plays a crucial role in enhancing the quality of life for its residents and contributes to the overall betterment of the local community by supporting individuals in achieving housing security.
This information is meant to be a general summary of Academy Square Apartments 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $57
- Program Service Revenue: $267,497
- Gross Receipts: $273,662
Assets and Liabilities:
- Total Assets: $5,606,922
- Total Liabilities: $8,856,293
- Net Assets: -$3,249,371
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT NET OF VACANCY LO
Revenue
$267,497
Organization Details
Founding Year
2017
Phone
(315) 424-1821Principal Officer
Justin Rudgick
Main Address
990 JAMES STREET, SYRACUSE, NY, 13203
NTEE Category
Code: L20 - Housing
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